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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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REEVO Announces Strategic Partnership with YEEBET Gaming

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REEVO, a leading innovator in the iGaming industry, has announced a strategic partnership with YEEBET Gaming, a trailblazing game provider renowned for delivering cutting-edge, immersive entertainment experiences. This partnership marks a significant step forward in REEVO’s mission to connect players with world-class gaming content while providing unparalleled value to its partners.

“At YEEBET Live, our commitment to innovation and delivering the highest-quality iGaming experiences drives everything we do. Our partnership with REEVO is a testament to our shared vision of enhancing player journeys and redefining what online gaming can be. Together, we are setting a new benchmark for entertainment excellence,” said Michael Lee, Chief Executive Officer of YEEBET Live.

Through this partnership, YEEBET’s cutting-edge content will be seamlessly integrated into REEVO’s aggregation platform, offering operators a diverse and innovative portfolio designed to captivate players worldwide. This collaboration empowers both companies to leverage their unique strengths, driving the evolution of the iGaming landscape.

Daniel Cuc, Head of Account Management at REEVO, said: “Our collaboration with YEEBET aligns perfectly with REEVO’s vision of delivering extraordinary gaming experiences through innovation and creativity. By bringing YEEBET’s groundbreaking content to our platform, we are enabling our partners to offer players an experience that goes beyond expectations. This partnership is a bold step forward in shaping the future of iGaming, and we couldn’t be more excited about what lies ahead.”

The post REEVO Announces Strategic Partnership with YEEBET Gaming appeared first on European Gaming Industry News.

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Go on an intrepid slot adventure with Jenny Nevada and the Diamond Temple

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Embrace the spirit of adventure in Jenny Nevada and the Diamond Temple, the latest slot from the in-demand content provider, Rival.

This is a game that will appeal to intrepid explorers, those willing to venture into the darkness to discover the glistening gems and potentially big wins that await.

Players join Jenny Nevada as she makes her way through the jungle to the Diamond Temple where they can claim some of her loot for themselves.

But there are plenty of surprises along the way, too. This includes Wild symbols that can appear on any base game spin and substitute for all other symbols to help form more win combos.

Jenny is the Scatter symbol and when 3, 4, or 5 land in the base game, players unlock a Free Spins frenzy with 10, 20, or 50 Free Games up for grabs..

But the most valuable diamonds and biggest wins are found deep within the temple, and this can only be reached by taking on the Temple Maze Bonus Round.

This sees players stack huge rewards as they uncover the treasure hidden throughout the temple.

For players who want to head straight to the action, there’s the option to Buy the Bonus and choose between Free Spins or the Temple Maze.

Jenny Nevada and the Diamond Temple quick stats:

Reels: 5 reels, 3 rows

RTP: 95.93%/94.75%/92.52%

Paylines: 20 ways

Volatility: Extreme

Bet range: $0.20 to $20

Max win: 10,004x

Ryan Maclean, Head of Games at Rival, said: “Jenny Nevada and the Diamond Temple takes players on a thrilling adventure in search of precious gems and big wins. Those who venture deep into the temple will find the greatest treasures and will be helped on their quest by some gripping bonus features. 

“Wilds, Free Spins and the Temple Maze Bonus Round promise to get the adrenaline pumped with the extreme volatility bringing unprecedented anticipation to each. 

“As will all Rival slots, Jenny Nevada and the Diamond Temple has been developed and produced to the highest standards, ensuring a quality player experience from the first game round to the last.”

The post Go on an intrepid slot adventure with Jenny Nevada and the Diamond Temple appeared first on European Gaming Industry News.

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DGOJ Holds Conference on Prevention of Money Laundering

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The Spanish gaming regulator (DGOJ), in collaboration with the Public Treasury and the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences (Sepblac), has held the first Sectoral Conference on the prevention of money laundering and terrorist financing with online gaming operators.

The meeting, which took place at the headquarters of the DGOJ on February 6, brought together representatives of authorised online gaming operators and regulatory and supervisory bodies to address current challenges in the prevention of money laundering, related to the area of regulatory compliance and the main risks of the activity.

The meeting was inaugurated by Mr. Mikel Arana, Director General of Gaming Regulation, together with Ms. Irene Sánchez Pérez, advisory member of the Public Treasury.

Arana then moderated the various presentations in which leading experts from Sepblac, the Financial Intelligence Unit and the Supervisory Authority for the Prevention of Money Laundering and the Public Treasury analysed the latest regulatory developments and sanctions at European and international level, presented the main findings in inspections of operators and spoke about the role of financial intelligence in the prevention and detection of risky operations, among other topics.

This was followed by a round table discussion, attended by experts such as Alberto Navarro, deputy assistant director of inspection at the DGOJ, and representatives of Sepblac and the Public Treasury, where the questions and doubts raised by online gaming operators were resolved.

The post DGOJ Holds Conference on Prevention of Money Laundering appeared first on European Gaming Industry News.

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