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UK TOTE GROUP AND HONG KONG JOCKEY CLUB SIGN LANDMARK FIVE-YEAR AGREEMENT

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Today, the UK Tote Group and Hong Kong Jockey Club (HKJC) announce a significant new five-year agreement which will enable them to further integrate their relationship until at least the end of 2028.

The new terms will enable the UK Tote Group and HKJC to continue to build on the existing collaborative partnership which has developed significantly since the purchase of the Tote by UK Tote Group in October 2019.

One of the major successes to date has been the development and continued growth of World Pool. This is now in its fifth year, with 28 pool betting operators from around the globe commingling into a single pool operated by the HKJC for 25 high profile race meetings, including 18 in the UK and Ireland. World Pool results in enormous liquidity and a multi-million pound betting experience and better value for racing fans.

The new agreement between the parties sees the UK Tote become the exclusive pool partner for World Pool in the UK and Ireland. This will ensure collaboration on exciting developments, including new bet types and further improvements to the customer experience. World Pool is generating new funds and significant financial returns for British and Irish racing via media rights payments for participating racecourses. These funds are being used to invest into prize money to support British racing’s feature meetings. The funds generated by World Pool can be expected to accelerate as World Pool grows in future years.

In 2023 there will be 25 World Pool days, including 18 in Great Britain and Ireland between May and October, offering over £31 million in prize money. Last year, World Pool saw record global turnover of £650 million, with £521 million bet on the British and Irish race days, an increase of 44% on the previous year.

With deepening collaboration between the UK Tote and the HKJC, Tote customers in the UK and Ireland, via tote.co.uk and tote.ie plus the Tote Apps, will continue to enjoy betting into multi-million pound pools on top class racing from Hong Kong’s two racecourses, Happy Valley and Sha Tin, including FWD Champions Day in April and the LONGINES Hong Kong International races in December.

Winfried Engelbrecht-Bresges, Chief Executive Officer of the Hong Kong Jockey Club said: “The UK Tote is our principal commingling partner, and we are very pleased to be extending our relationship for the next five years with this new agreement. The UK Tote has been instrumental in the growth of World Pool over the last four years and this new agreement underpins our very valued partnership. We look forward to continuing to work with John Williamson, Alex Frost and the whole Tote team to build on the strong platform we have created to develop the pool betting experience for racing fans around the world.”

John Williamson, Chairman of UK Tote Group said: “This is a very significant moment for the UK Tote, and for British and Irish horseracing, as we continue to develop and extend our partnership with the Hong Kong Jockey Club. This new agreement enables us to accelerate our plans to grow World Pool which is proving an increasingly important revenue stream for the sport. As our partnership continues to go from strength to strength, we will continue to showcase Hong Kong’s world-class racing to a global audience, while collaborating around technology advancements and innovation, including new bet types to ensure we are collectively providing as compelling pool betting experience as possible for our customers.

“I would like to extend my sincere thanks to Winfried and his outstanding team at the Hong Kong Jockey Club. By signing this agreement with them, we want the UK Tote to be true to its founding principles of being on the side of both horseracing and the customers, through collaboration with our international racing and pool betting partners.”

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Pavilion Payments Acquires CasinoSoft

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Pavilion Payments, the leading omnichannel payment solutions provider in the gaming industry, has acquired CasinoSoft, a trusted leader in Anti-Money Laundering (AML)/Title 31 compliance, automated tax form processing, jackpot handling and regulatory reporting software. Together, they are building a unified solution that simplifies and modernizes gaming operations.

“We have put 20 years of our heart and soul into building the CasinoSoft brand and are thrilled with the many ways this acquisition moves us to the next level. The success of our robust suite of AML/Title 31 and tax form products is evidenced by the longstanding partnerships we enjoy with our many satisfied customers throughout the industry,” said Matt Montano, Principal and Owner of CasinoSoft.

The new offering combines Pavilion Payments’ seamless player funding and payment ecosystem with CasinoSoft’s industry-leading compliance and automation software. The result is a powerful, vertically integrated platform that streamlines floor, cage and slot operations, making them faster, easier and more secure for casinos, route gaming as well as iGaming and sportsbook operators.

“CasinoSoft is the industry standard for AML/Title 31 compliance, automated tax forms, jackpot processing, and associated reporting services. With this acquisition, we plan to grow the broader Pavilion business with several new patents, innovative products, and transformative solutions that position us as the clear leader in fintech payments, cashless gaming, cage, and floor automation,” said Diallo Gordon, President of Pavilion Payments.

For more than two decades, CasinoSoft has helped casinos streamline Title 31, AML, tax forms and jackpot workflows, keeping operations audit-ready and freeing up staff to focus on the guest experience. By joining Pavilion Payments, CasinoSoft expands its ability to deliver end-to-end compliance and payment solutions within a single, connected system, reducing manual steps and increasing automation.

“At Pavilion Payments, we pride ourselves on offering our partners and customers a vibrant and diverse portfolio of products and services. The addition of CasinoSoft’s products to our lineup furthers our delivery on that goal. We’re delighted to add CasinoSoft to our team and look forward to delighting our customers with them,” said Dan Connors, CEO of Pavilion Payments.

The post Pavilion Payments Acquires CasinoSoft appeared first on European Gaming Industry News.

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TigonBet Enters Kenya’s Betting Market

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TigonBet, a digital sportsbook and casino platform, has officially entered the Kenyan Betting Market.

With gamified features, swipe-to-bet tech and lucrative tournaments, this new platform is putting the fun back in betting, offering speed, interactivity and mobile usability.

TigonBet is backed by a bold brand identity the “Tigon,” a hybrid of lion and tiger. The platform is aiming to blend entertainment with strategic play, catering to both sports bettors and casino enthusiasts.

At the core of TigonBet’s user experience is a Tinder-style swipe feature that allows punters to scroll through match options and betting markets quickly. Built for mobile-first users, the interface reduces friction and aims to make browsing and betting more intuitive.

TigonBet also introduces a tournament system where players can compete in live leaderboards. Whether betting on sports or spinning in the casino, users can climb rankings and win prizes from airtime and smartphones to consoles and TVs. The system is performance-based, meaning consistency is rewarded over high spending.

The post TigonBet Enters Kenya’s Betting Market appeared first on European Gaming Industry News.

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Conjure Up Magical Wins in BGaming’s Cat’s Soup

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Rapidly expanding content provider casts a spell on players with charming new slot Cat’s Soup

Popular iGaming content provider BGaming is stirring up some magic on the reels with the release of its enchanting new slot, Cat’s Soup.

Players are invited into the lair of a playful feline wizard as he brews up a storm across the reels. This captivating 3×3 slot combines classic gameplay with a charming alchemy theme, brought to life by cartoonish graphics and a whimsical soundtrack.

Conjure up magical multipliers and spellbinding Bonus sequences in this simple but incredibly effective slice of slot action. The game’s colourful design and accessible gameplay make it perfect for short, fun sessions, while its magical theme is bound to evoke a sense of nostalgia among millennial players.

In a unique twist, Cat’s Soup keeps the gameplay fresh by using a recipe system that shifts up the patterns required to trigger the bonus round every ten spins. The slot also features a Buy Bonus option for those who want to unleash the magic straight away.

Nikita Zavadsky, Custom Games Product Owner at BGaming, said: “Magic, potions, and cats are popular themes, so we thought, why not combine all three? Cat’s Soup may look like a simple 3×3 slot, but it has plenty of tricks up its sleeves. We are particularly proud of the recipe feature, which does an excellent job of shaking up the gameplay.

Our goal with Cat’s Soup was to create an easy-going slot that was perfect for short-playing sessions and that delivered a healthy dose of nostalgia, and we believe we have achieved that.”

The post Conjure Up Magical Wins in BGaming’s Cat’s Soup appeared first on European Gaming Industry News.

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