Norway decided to retain the long-standing gambling monopoly model as it considered it was the one that would provide the safest environment for local players, Atle Hamar, Director General of the Norwegian Gaming Authority (Lotteri- og stiftelsestilsynet) said during the International Association of Gaming Regulators (IAGR) conference in Johannesburg, South Africa.
The important event was opened on October 16, gathering together representatives of the gambling regulators of a number of regulated jurisdictions to discuss the current state and the future of the global gambling industry.
The Norwegian Gaming Authority’s head further said during this year’s edition of the IAGR’s annual conference that they are committed to protecting Norway’s regulated market against gray market operations.
It is important to note that gambling services in the Scandinavian country are currently provided by two state-run entities – Norsk Rikstoto, which is responsible for the nation’s horse racing industry, and Norsk Tipping, which runs different other non-horse racing gambling operations.
While international operators are not licensed and authorized to operate in the country, the local market, just as other Scandinavian markets, has long been particularly luring to a number of online gaming and betting brands.
The potential regulation of international remote gambling operations was previously discussed by Norwegian lawmakers, but it became known late last year that the country would keep its monopoly system.
Norway’s Decision to Keep the Status Quo
Last December, Norway’s Minister of Culture presented a white paper on the state of the country’s gambling industry. According to the report’s findings, there was no need for re-regulation of the local market and that the existing monopoly system had proved to be the most efficient one and that it should be maintained.
Norway is not the only Scandinavian country where regulated gambling services are provided by state-run organizations. Sweden and Finland have been maintaining a similar model for quite some time now. Denmark, on the other hand, regulated its market in 2012 in a manner that opened it for interested international operators. Facing growing pressure from the European Union, Sweden and Finland have also considered scrapping the monopoly model, but it is yet to be seen whether they will eventually part with the long-standing status quo.
Earlier this year, Swedish officials released the results from a probe into the country’s gambling industry. The report recommended the introduction of a licensing system that would allow international operators to operate in a regulated environment. It is believed that Sweden will prepare and enact the necessary legislation by early 2019. Sweden’s gray market has been growing exponentially in recent years and it is believed that it was that trend that triggered the eventual implementation of a new regulatory framework.
Unlike its Scandinavian neighbors, Norway is not part of the European Union, which means that lawmakers will not be facing outside pressure to nix the monopoly system and that it is only up to them to decide when and if it should be nixed.
Top Software Developers In The Online Bingo Industry
The Bingo industry is one of the fastest-growing segments in online casinos that require continuous up-gradation of software, year-after-year. These casino sites thrive on software quality to attract new players and provide an engrossing gaming experience. Obviously, bingo sites don’t make their software; they purchase it from skilled bingo software developers.
Quality software allows the bingo game to run smoothly for quick gameplay. Further, the visual clarity and sound effects by top quality bingo software make online bingo games more and more realistic.
The UK’s most reputed bingo comparison website – www.bingosites.net, helps you choose the highest quality, UK regulated bingo sites. All these sites have top software developers and offer fair and trusted welcome bonuses too.
Types of Bingo Software
Downloadable Bingo Software
Non-Downloadable or Instant Play Software
Here Are the Top Bingo Software Developers In the Online Bingo Industry
In 2010 a casino software company named Playtech bought Virtue Fusion developers specializing in bingo games for both the online and offline spaces. They have non-downloadable software and facilitate different bingo chat rooms at the same time. It’s also quite convenient to use with easy to deposit or withdraw money options.
It is one of the most recognized names in the online bingo industry that has adopted a mobile-first strategy to keep up with the fast-paced mobile generation. It’s home to the world’s leading bingo network and provides some of the top bingo games like Robin Hood Bingo, 888ladies, and Wink Bingo.
Founded way back in 2001, Gamesys is the software that powers some of the UK’s biggest bingo brands like Heart Bingo, Jackpotjoy, and Virgin Games. It has a world-class security system that protects and encrypts all your sensitive information like passwords or payment card details.
The Cozy Games
In 2019, the Cozy Games was taken over by GVC Holdings. Post takeover, the software has matured and developed a lot. Their products are widely popular and offer the biggest range of classic bingo variations, including 30, 75, 80, and 90 balls plus bingo.
Microgaming is potentially the largest software developer in the online gambling industry for the past 25 years. It has revolutionised online gaming and broke huge payout records. They offer some of the high-quality bingo games with huge progressive jackpots like Butlers Bingo. It also launched the first of its kind game, ‘Immortal Romance’ – a hybrid bingo game that offers standard bingo, with online slot style features and bonuses.
Jumpman gaming offers the largest network with bingo rooms powered by Pragmatic Play. It uses HTML5 led software that allows you to play bingo games on the mobile site without downloading additional software.
Infinileads SL Reveals SlotJava Awards
Lead generation firm Infinileads SL has announced a new award ceremony to distinguishing the most successful slot machines found on the SlotJava brands based on analyzing data sets of millions of use-generated transactions.
SlotJava Awards has nominated slot games and slot suppliers available on SlotJava.it and SlotJava.es websites and will now pick from the shortlisted entries competing across five key categories. The company will award those that have driven the strongest consumer product, experiences, and engagement based on careful study of verifiable data. Visit the award page for Italy here; the award page for Spain here.
While the awarding ceremony will be held behind closed doors, winners will be notified by the end of January, with over 100 suppliers standing to win across one of five available categories, including:
Most Popular Slot Machine 2020
Most Popular Game Provider 2020
Most Popular Slot Theme 2020
Most Popular Branded Slot 2020
To arrive at the worthwhile nominees, Infinileads SL has reviewed over 1,700 free to play slots by over a hundred providers. As a first of its kind event for the company, Infinileads has focused on a narrower segment, but the firm’s team hopes to expand the list of nominees a year from now as well as add more categories that are worthwhile exploring.
Infinileads SL product director Niklas Lundström has confirmed the company’s lofty ambitions for the coming year and evolution of the existing format, noting that “even though the five categories presented here are the most significant, there are still a lot of different prizes which all carry their own value.”
There have been many worthwhile entries, Lundström noted, but the company’s team “managed to narrow it down to some solid winners and are all looking forward in presenting them in our own unique way.”
Eric Stööp, co-founder of Infinileads SL, explained the criteria that the company relied on to arrive at fair and verifiable decisions through the use of datasets that cover millions of user generated transactions. He specifically added: “We are excited about our first SlotJava Awards and I think it will be a great way to end the year on a positive note with some fun and interesting slot data. The infographic we are creating gives an accurate view of the most popular slot machines in each specific market, as they are based on a dataset of millions of user generated transactions.”
About Infinileads SL
Infinileads SL is a lead generation company with over four years of experience. The main focus of the company is the legalized gambling industry in several markets, including Spain, Italy, Portugal and the quickly-expanding Latin American betting and iGaming verticals. The company operates out of Marbella, Spain, and employees five team members along with numerous external experts.
Another Year, Another Good Year for the Casino Business
The year 2020 has been challenging to virtually all business sectors because of the novel coronavirus outbreak. Europe’s gaming industry has not been spared, with many land-based casinos closing their doors to clients to control COVID-19’s spread. Technological advancements have led to introducing new gaming experiences as providers try to stay afloat in the highly competitive industry. Besides, no one would like to experience the same gaming experience over and over again.
A lot has changed in the online gaming sector since the introduction of 2D computer graphics. Today, new digital solutions have enabled developers to offer 3D graphics during game development to appeal to gamers. When it comes to trends in the gaming industry, 2021 seems to be promising, considering the recent technological changes and the impact of the COVID-19 on the gambling market.
Online [Mobile] Gambling
Players prefer playing different games to others. While some may consider video games fun, casino gamblers play for entertainment and win real money. Before the coming of the internet, people would play card and dice games then wager a specific amount. However, online gambling has provided a wide range of games to people worldwide, including the most popular European gambling destinations.
Because of the stay-at-home orders that most EU nations put in place, most gambling enthusiasts turned to online casinos and bookmakers to continue enjoying betting. Mobile gaming is expected to hit full throttle in 2021 because of its rise during the pandemic. And new mobile-first casino platforms are growing more popular than ever. Looking at 2020 we find several new European mobile casinos such as Winny.com and Race that opened up the gates. Looking forward in to 2021 estimates tells us this trend will continue.
Even as we experience the second wave of the health crisis, players across Europe have adjusted to the technological innovations taking place in the gaming world. Now seems the best time to invest in the EU gaming sector because it is expected to continue growing even in 2021. Therefore, gamers can expect exciting and features, trends, and other online gambling innovations next year.
Virtual Reality Casinos
Virtual reality is an innovative technology that the online gaming industry has utilized quite well. The technology uses a head-mounted display that gives gamers a chance to taste a more vivid and progressive gaming experience. This technology also offers game developers and online casinos unlimited options and tools to render the best VR games. Many bigwig companies in the sector are already on the verge of creating the best systems that will support the technology, and 2021 offers the best buffer time for the tech to reach the mainstream. Using VR, players will have to bet on the same level as other players and use the suitable headware. They’ll be able to see each other as in the real world. They’ll be able to hear each other’s response, which will require players to be more strategic in their gameplay.
Artificial Intelligence (AI) and Machine Learning
Artificial intelligence is one of the tech advancements that have drastically shaped the online gambling industry in 2020 and is expected to hit full throttle in the coming years. Online gaming providers can now leverage AI to deliver a personalized gaming experience. That said, players will only get game suggestions based on what they like. That saves players time because they need not waste time searching for what they’d like to play.
Furthermore, AI and machine learning also help online casinos to enhance their consumer support. For instance, most are now using chatbots to answer consumer queries.
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