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Bitblox acquires Isle of Man gaming licence
Bitblox – the up-and-coming price prediction games provider on a mission to bring crypto-based betting to the masses – announced today that it has received approval from the Gambling Supervision Committee to supply its content to all Isle of Man-licenced businesses.
Having successfully acquired a licence from the GSC, an organisation which is widely considered to be the gold standard among iGaming regulators, Bitblox will now be able to share its full range of titles with operators and aggregators working in any of the markets covered by the certification.
As such, all IOM-licensed brands wishing to add an engaging new vertical to their existing line-up will now be able to choose from an innovative selection of games that includes Up or Down, Up or Down Turbo, 3 in a Row and BitSlap, all of which are currently available in pool betting format.
Offering a fast-paced and entertaining betting experience that is instantly accessible to crypto aficionados and newcomers to the industry alike, all of these games hinge on a players’ ability to correctly predict how the price of a specific cryptocurrency will fluctuate over a set period of time.
In Up or Down and Up or Down Turbo, bettors will be tasked with guessing whether the price of a token will increase or decrease over a 60 or 20 second interval respectively, while 3 in a Row takes this concept to the next level by enabling users to combine three outcomes for even bigger prizes.
BitSlap, on the other hand, uses the same basic concept as the other three titles, but this time introduces fun characters who fight at the end of the betting round, creating a light-hearted game with mass market appeal that also offers potential for operators to introduce their own branding.
While this exciting game collection is already totally distinct from anything else in the industry, Bitblox has also announced it intends to enhance its product line-up in future by including both free-to-play and real money tournaments that will add an extra level of social engagement to play.
Brandt Page, CEO at Bitblox, said: “Here at Bitblox we’re attempting to introduce an entirely new form of crypto-based betting to the iGaming industry, so having our titles certified by the Isle of Man’s GSC is obviously a huge step forward in terms of what we’re hoping to achieve.
“With this new certification now in place, we’ll be able to offer our unique games to operators and aggregators based in all countries covered by the IOM licence, meaning players of all experience levels will be able to use an appealing mix of skill and luck as they try to profit from the markets.”
The post Bitblox acquires Isle of Man gaming licence appeared first on European Gaming Industry News.
Kambi Group plc’s Board of Directors has decided to withdraw its 2027 financial targets.
In February, Kambi commenced a review of the underlying assumptions that formed its 2027 financial targets, which were first communicated in January 2023. Kambi’s 2027 financial targets were: revenue of 2-3x FY2022 levels (i.e. approximately €330 – €500 million) and EBIT in excess of €150 million.
The Board concluded that Kambi has made progress in areas within its control, however, slower than expected progress towards regulation in certain key markets would likely delay revenue from such markets.
Earlier this week, Kambi announced the appointment of a new CEO, Werner Becher. The Board will now focus its attention on providing Becher with its full support in executing on the Company’s long-term strategy and extending Kambi’s lead as the world’s leading sports betting provider.
The Board believes that Kambi should have in place long-term financial targets. Such targets will be evaluated with the new CEO and communicated when appropriate.
The post Kambi Group plc withdraws its 2027 financial targets appeared first on European Gaming Industry News.
Leading iGaming CRM platform takes home Best B2B Solution Provider for Casino Operators, Best Innovative Product Company of the Year, Best Player Engagement Partner of the Year and Best Gaming CEO of the Year – Simon Lidzén during the awards ceremony.
Sliema, Malta – 4th July, 2024 – Fast Track, a leading CRM platform in the iGaming industry, has been named a major winner at the Malta iGaming Awards 2024 (MiGEA). The event, held at the Hilton Malta, brought together industry leaders, innovators and influencers to celebrate outstanding contributions and achievements within the sector. Fast Track took home four prestigious awards: Best B2B Solution Provider for Casino Operators, Best Innovative Product Company of the Year, Best Player Engagement Partner of the Year and Best Gaming CEO of the Year, presented to Simon Lidzén. Recognition that further highlights Fast Track’s commitment to digitalising the iGaming industry with cutting-edge technology and exceptional leadership.
Simon Lidzén was quick to praise the team, stating, “We’re immensely proud of this achievement, which truly reflects the hard work and dedication of our team. Their unwavering commitment to setting new standards and solving complex industry challenges has been the driving force behind our innovations. We’re excited to continue delivering a platform that drives success and leads the way in our industry. This milestone coincides with our highest ever NPS rating of +85, underscoring our commitment to deliver a world-class experience to our partners.”
Fast Track, recognised as the Best B2B Solution Provider for Casino Operators, stood out by tackling scalability challenges and seamlessly integrating with third-party providers, leveraging real-time data and AI to deliver personalised player experiences efficiently. Winning the Best Player Engagement Partner award underscores Fast Track’s cutting-edge Singularity Model, which enables real-time player profiling to deliver truly personalised content at the right time and through the right channels, setting new industry standards for CRM personalisation.
Fast Track’s proprietary AI technology, in addition to its deep integration with OpenAI, which won Best Innovative Product of the Year, further streamlines operations and increases operator efficiency and player engagement. Simon Lidzén, co-founder and CEO, was named CEO of the Year for his visionary leadership, effective communication and ability to build high-performing teams that have solidified Fast Track’s position as a leader in the iGaming industry.
For more information about Fast Track and their award-winning solutions, visit Fast Track.
The post Fast Track wins big at MiGEA 2024 appeared first on European Gaming Industry News.
PopOK Gaming is excited to announce the release of an exhilarating new addition to their Crash series: “First Balloon.” This high-flying adventure game promises to take players on a breathtaking journey through the skies, with increasing excitement and enticing rewards as the balloon ascends.
Prepare for an adrenaline-pumping journey with “First Balloon,” the ultimate crash game that challenges players to test their limits and elevate their gaming experience. As the balloon rises, the multiplier increases, offering the potential for incredible rewards. But beware—timing is everything!
“First Balloon” is a game of skill, timing, and nerve, where rewards can be as high as 10,000x the initial bet!
The post PopOK Gaming Unveils Thrilling New Game: “First Balloon” in the Crash Series appeared first on European Gaming Industry News.
Kambi Group plc withdraws its 2027 financial targets
Fast Track wins big at MiGEA 2024
PopOK Gaming Unveils Thrilling New Game: “First Balloon” in the Crash Series
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