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Q1 gambling industry fines top £25 million

(PRESS RELEASE) — Online gambling regulators were busy in the first quarter of 2020, issuing a total of in excess of £25 million in fines to just five online gambling operators between January and March.

This is a huge increase over penalties issued in previous years. Online gambling compliance tracker GamblingIndustryFines.com tracked a total of over £16 million in fines doled out to iGaming operators for the whole of 2019.

The first fine of the year was issued in January by the Malta Gaming Authority – a £2 million fine for Blackrock Media for “servicing unauthorised transactions”.

GVC Australia was up next on Valentine’s day – receiving a fine for £106,000 after two GVC brands, Ladbrokes and Neds – were found guilty of offering betting bonuses to people who opened new betting accounts-contrary to Australian law.

The same month, Mr Green was on the receiving end of a £3 million fine from the UK Gambling Commission for systemic failings in its measures to stop money laundering and problem gambling.

The UKGC issued Betway with a record £11.6 million fine in March as a settlement for accepting stolen money from high spending “VIP” customers, some of whom were displaying clear signs of gambling addiction.

The final regulator fine of the first quarter went to Kindred Group when Spooniker Ltd, a wholly owned subsidiary of Kindred Group received a warning and a sanction fee in the sum of SEK 100 million (USD 9.5 million/£8.5 million) by the Swedish Gambling Authority for offering customers financial incentives which are in breach of the new gambling legislation.

Source: Online.CasinoCity.com

Evolution Gaming temporarily closes Tbilisi site

(PRESS RELEASE) — Evolution Gaming has been instructed by Georgian authorities to temporarily close the floor operations at its Tbilisi site. As a consequence, the workforce will be significantly reduced. A large part of the operations will be able to continue through the company’s other studios in Europe.

The Tbilisi studio adheres to current guidelines regarding social distancing and the company has taken an extensive number of infection prevention measures in the studio. Evolution Gaming is in close contact with local authorities in order to verify the taken measures and to be able to reopen the studio. The situation is developing, and Evolution will adapt continuously.

As previously announced, Evolution operates studios in eight locations, and the company has routines for redundancy and continuity in the respect of studio operations.

Source: Online.CasinoCity.com

BET2020 in London cancels show, moves to online format

Due to the coronavirus pandemic, the BET2020 expo, scheduled for 7-9 April in London, is postponed, but an online format will be held on the same dates.

From the BET2020 website:

“In light of the Coronavirus pandemic, the expo BET2020 which was supposed to be held on 7-9 April in London, is postponed until the world’s situations stabilise. Our top priority now is the safety and health of our speakers, sponsors, exhibitors, partners and guests.

Never give up. And our team isn’t ready to give up!

Fortunately, we live in a fast-paced digital technology world and we have all rights to use options digitalisation provides us with. Therefore, the BET2020 team have decided to host the first event in an online format.

What does it mean:

New conference format – a concentrate of the most useful and important industry topics compressed to the one day!

Top experts ready for personal dialogue with everyone while participating at an online BET2020 conference. Enjoy real-time Q&A, live chat with speakers, share your opinion and exchange contacts while the conference is streaming. Now you shouldn’t concentrate on how to draw attention in order to start a dialogue – now your words will be seen by everyone in the online broadcast.
Visitors will have access to our downloadable resources section to keep newly obtained knowledge not only in the head but offline.

It’s a great chance to increase brand awareness and engagement while sponsoring the BET2020 online. Sponsorship opportunities are available on-demand.

Each participant of the BET2020 online will automatically receive a special offer to the postponed offline (physical) event.

Innovative unique opportunities

We will create a unique online platform to connect everyone globally in such an unfortunate timing. Our participants still have a chance to exchange contacts and find out the latest industry insights! We will begin our online acquaintance and certainly, your offline communication at the postponed BET2020 will be warmful and more productive.

Take care of yourself, stay healthy and safe, take your time and join BET2020 online to stay updated on the industry as well as to get new knowledge.

We will be sharing all of the additional details in the days ahead. Stay tuned!”

Source: GamingMeets.com

ETA recognises Paysafe leader in Forty Under 40

(PRESS RELEASE) — Paysafe, a leading specialised payments platform, today announced that Patrick Turiano, Director of Marketing, North America, has been selected in the Electronic Transactions Association (ETA)’s annual ‘Forty Under 40’. Turiano and the class of 2020 will be formally honored at the ETA’s Transact event at the Mandalay Bay Resort and Casino, Las Vegas, where Paysafe will exhibit at booth #415 from 27 to 30 April 2020.

The Washington, D.C.-based payments industry trade association has named Paysafe leaders in the ‘Forty Under 40’ every year since its inception in 2018. The ETA’s class of 2019 included two leaders after a Paysafe Vice President was recognised in its inaugural class.

This year’s Paysafe honoree, Turiano, who has over a decade’s payments industry experience, oversees the company’s marketing strategy for its US and Canadian payment processing division. His role includes managing investments in numerous acquiring strategies and channels – from agents, independent sales organisations (ISOs), and financial institutions (FIs) to independent software vendors (ISVs), direct channels, and point of sale (POS) partners. Turiano leads a team of channel marketing managers and specialists based on the US east and west coasts.

Prior to Paysafe’s acquisition of iPayment in 2018, Turiano served as the payment solutions provider’s Director of Marketing Communications. His previous positions include senior marketing roles at iMobile3 (acquired by TSYS in 2018) and Cayan (acquired by TSYS in 2017).

Turiano said: “The ETA’s ‘Forty Under 40’ has already recognised many payments professionals who’ve inspired me over the course of my career, so it’s truly an honor to join their number this year. My recognition also reflects the hard work and dedication of my colleagues on Paysafe’s marketing team.”

O.B. Rawls, CEO of Global Payment Processing at Paysafe, commented: “We’re delighted to see Patrick Turiano’s well-deserved recognition by the ETA. The ‘Forty Under 40’ is a benchmark of excellence for younger payments leaders, and Patrick’s inclusion in the class of 2020 indicates that we as a company remain strongly focused on the industry’s future.”

Website update coming to FortuneJack

(PRESS RELEASE) — The leading bitcoin casino FortuneJack will be getting yet another website update soon – a second principal upgrade of the service since its establishment. The Bitcoin gambling industry has seen a rapid growth of FortuneJack in past years, watching the brand establish itself as a robust, community-driven service, offering deposits and withdrawals on major cryptocurrencies: BTC, BCH, LTC, ZEC, TRX, XDG, XMR, ETH and DASH coins.

“We have been working on this for so long; now it’s on you to tell us how things work,” was the company’s statement on Twitter back in the day, finally introducing players to the new website and a fresh look at the brand and its new functionalities. Now, FortuneJack is going to be doing even more to improve overall gaming experience. As FortuneJack representatives on various CryptoCurrency Forums state, the company is happy to listen to feedback and urge players to write their first impressions on social media to help the brand in perfecting the product.

An incredible new addition to the echelon of amazing products are Sportsbook’s “JackMate” and “Jackmate Invincible”. Both revolve around the sport of Football (soccer) and allow players to win simply by guessing the scorers in selected British Premier League and Champions League games. The prizes are 1 BTC and 10 BTC respectively. Also, Casino is planning to take bonuses even further and intends to keep establishing brand new promotions for every day of the week. Everybody who simply registers on FortuneJack, gets welcome bonus, 25 free spins. There will also be some remarkable changes until mid-April 2020 in the new loyalty program including monthly cashback, weekly reload bonuses and milestone bonuses.

Security is one of the main priorities of FortuneJack. Casino representatives underline the new 2FA authentication and updated player account pages as one of the most notable achievements in the Bitcoin Gambling Industry.

There is also a new approach towards gaming as well. Provably Fair games are taking over the crypto-casino world and FortuneJack is at the front of the pack, offering a wide selection of PF games like Plinko, Dice, Adrenaline, Mines, Hi-Lo and etc.

Bloodshot: Rising Spirit joins Pariplay lineup

(PRESS RELEASE) — Pariplay Ltd., a gaming technology company serving iGaming operators, land-based casinos and lotteries, has partnered with Valiant Comics in launching Bloodshot: Rising Spirit, an online slot based on the legendary character of the same name. Players will embark on a pulse-pounding adventure, enjoying explosive special features like Expanding Walking Wilds, Rising Spirit Free Spins, Desert Storm Free Spins and Valley of Death Free Spins.

Players are immediately immersed into Bloodshot’s world with an introduction taken straight from the famous comic book. Car crashes, explosions and an intense soundtrack dominate the background in this three-row, five-reel slot designed to get players’ heart rates soaring. Joining Bloodshot, the red-eyed former soldier with superhero-like abilities, players will be eager to grab their tactical gear and jump into action to shoot down major wins.

An adrenaline-pumping game, the Expanding Walking Wild feature activates when the red Killshot marker lands on Bloodshot. Once marked, Bloodshot expands over the entire reel shifting left in subsequent spins and granting players dynamite winning combinations.

Additionally, action lovers can choose from three killer Free Spins missions: Rising Spirit, Desert Storm or Valley of Death. Missions are triggered when three or more scatter symbols land on the reels.

The Rising Spirit increases multipliers up to 16x. Desert Storm rounds allow wild symbols to become Walking Wilds with a guaranteed 2x multiplier on wins. The Valley of Death functionality turns wild symbols into sticky wilds, with the chance of doubling or tripling wins. All the Free Spins missions initially award slot enthusiasts with 12 free rounds, plus a potential five extra free spins.

Bloodshot: Rising Spirit boasts dual return-to-player rates of 96.23% and 94.01%, with translations available in over 20 languages, offering its global audience an experience full of big bangs. Certified by gambling regulators in the U.K., Isle of Man and Malta, Bloodshot: Rising Spirit will soon be available for play in Sweden, Romania, Bulgaria, Portugal, Spain and Denmark. The slot is the latest addition to Pariplay’s expanding portfolio of over 100 online casino games.

Richard Mintz, Commercial and Marketing Director at Pariplay, said: “Valiant has been a long-standing partner of Pariplay’s, collaborating with us on a range of games like Xo Manowar and the original Bloodshot. We are very excited for the release of Bloodshot: Rising Spirit and the success it represents for Valiant now that Bloodshot is being turned into a movie franchise starring Vin Diesel. We anticipate both the film and game to be huge hits.”