Malta regulator voices concerns over iGaming skill gap

first_img Malta regulator voices concerns over iGaming skill gap AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Regulator’s survey reveals almost 800 positions were unfilled in gambling hub at the end of 2017 Tags: Mobile Online Gambling 23rd November 2018 | By contenteditor People Malta’s gaming regulator has called for a greater focus on training and education in the industry after a new survey revealed almost 800 positions in the country’s iGaming industry were were left vacant at the end of 2017. The Malta Gaming Authority (MGA) said one of the main factors for the number of vacancies was a lack of skills specific to gaming that cannot be found elsewhere in the economy.The regulator’s Information Unit conducted a survey of its licensed remote gaming operators, which revealed there was a particular lack of qualified candidates for roles in gaming operations and development sectors. This area alone accounted for 269 – or 35% – of the 781 vacancies for which suitable candidates could not be found.The survey also found that 33% of respondents would not apply for roles for which they felt they did not have sufficient work experience, with a further 24% saying they would not apply for roles unless they had relevant qualifications. Marketing positions accounted for 183 of the vacant roles, followed by 135 iGaming technology positions, despite the MGA noting that there is especially high demand in Malta for marketing and technology jobs in other sectors. A total of 84 positions were left empty in legal and compliance, risk and fraud, as well as 67 in finance, payment and HR, and 43 in data and analysis.Of all the roles that were available, the MGA said around 67% were for operational funcitons that could be filled by people leaving formal education. Just over one quarter of roles were inmiddle management positions that would require more direct experience.Direct employment in the Maltese remote gaming sector stood at 5,861 full-time equivalent jobs at the end of 2017, up by 10% on the previous year. The industry generated €1.1bn (£972.6m/$1.2bn) in terms of gross value added in Malta last year, accounting for 11% of the country’s economic total.Image: Santeri Viinamäki Regions: Europe Southern Europe Malta Topics: People Strategy Email Addresslast_img read more

Global Gaming Payments Report

first_img Topics: Finance Subscribe to the iGaming newsletter Global Gaming Payments Report Email Address Join Worldpay’s experts to learn about the state of payments in the gaming industry. We’ll cover everything you need to know about gaming payment methods, trends and forecasts. We’ve researched 16 key countries to understand and present the latest information about how people pay, the top Alternative Payment Methods and regulation changes to create one key report that puts all this information at your fingertips.Our experts have also taken a look at the hottest topics for the gaming industry including PSD2, future market opportunities in Latin America, new demographics, invisible payments and all the excitement surrounding sports betting in the United States.This webinar took place at 3.00pm GMT on Thursday 21st February 2019.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance 21st February 2019 | By last_img read more

Storm Lords by RTG Slots

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Feel the power of the Storm Lords in the sensational release from RTG! Storm Lords is a 5×3-reel, 50-variable-payline slot game with medium volatility, free games, one grand jackpot. The highest payout award and maximum win for per spin is 50,000 times bet per line. Casino & games 27th August 2019 | By Aaron Noy Storm Lords by RTG Slots Feel the power of the Storm Lords in the sensational release from RTG!Storm Lords is a 5×3-reel, 50-variable-payline slot game with medium volatility, free games, one grand jackpot. The highest payout award and maximum win for per spinis 50,000 times bet per line. In this slot, 3 or more scatters award one of two free game features, with either held wilds or Treasure Coins covering reel 5. All while, 6 or more Treasure Coins award a re-spin feature, where all 15 positions may end up awarding instant prizes and even the grand jackpot!As if this wasn’t enough, 3 or more scatters awards one of two free game features, with either held wilds or Treasure Coins covering reel 5.Feel the power and storm into some awesome wins today!You can play a demo of the slot here! and download the affiliate pack from First Look Games here! Subscribe to the iGaming newsletter Topics: Casino & games Slots Email Addresslast_img read more

Hard Rock to drive responsible gambling with PlayersEdge

first_img Hard Rock International has launched PlayersEdge, a new initiative designed to help customers learn about responsible gambling and how to better manage their gaming habits.The program will be implemented across all Hard Rock and Seminole Gaming properties, with the aim of reaching all types of players at the casino sites. The initiative will comprise print, digital, web, social and live activations.Features of PlayersEdge will include a voluntary self-exclusion that customers can opt into, as well as referrals to professional help and counseling services.“We built PlayersEdge by listening to gamblers; we want to communicate the right information by appealing to how they actually think and behave in casinos,” Hard Rock’s vice president of global social responsibly, Paul Pellizzari, said.“By understanding the risk profiles and experience levels of different player types, we can segment and target information more precisely, bringing a new focus on preventing problems before they start.”Read the full story on iGB North America.Image: Santcomm AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Address Hard Rock International has launched PlayersEdge, a new initiative designed to help customers learn about responsible gambling and how to better manage their gaming habits. Hard Rock to drive responsible gambling with PlayersEdgecenter_img Topics: Casino & games Strategy Regions: US Casino & games 4th December 2019 | By contenteditorlast_img read more

BetMGM approved for Indiana launch

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile BetMGM, the sports betting operator brand by the Roar Digital joint venture between MGM Resorts and GVC Holdings, has secured full approval to launch mobile wagering services in Indiana.The Indiana Gaming Commission initially awarded BetMGM a temporary licence last month, with permission to conduct mobile sports betting under the Belterra Resort Indiana license.However, the Commission said as it is satisfied that the BetMGM app operated in line with state regulations during the initial launch period, it has awarded full approval to Roar Digital.The authorization is effective from today (February 25), with BetMGM having permission to roll out full mobile sports betting in the state.Read the full story on iGB North America. Email Address BetMGM, the sports betting operator brand by the Roar Digital joint venture between MGM Resorts and GVC Holdings, has secured full approval to launch mobile wagering services in Indiana. Subscribe to the iGaming newsletter Legal & compliance BetMGM approved for Indiana launch Regions: US Indiana Topics: Legal & compliance Sports betting 25th February 2020 | By contenteditorlast_img read more

Bulgarian legislature abolishes State Gambling Commission

first_img Bulgarian legislature abolishes State Gambling Commission A bill to abolish Bulgaria’s existing regulator and hand its duties to the National Revenue Agency, as well as to introduce new capital requirements for licensees, has been adopted by Bulgaria’s legislature after passing its second reading.Bill 054-01-51 to Amend and Supplement the Gambling Act was introduced in June and approved by the Committee on Budgets and Finance, the Committee on Culture and the Media, the Committee on Children, Youth and Sport and the Committee on Budgets and Finance before being adopted on its first reading on 17 June.Initially, the bill planned on creating a new regulator, the State Gambling Agency, which would be a new specialised body within the country’s Council of Ministers. However, it was amended by various members of the party GERB to instead allow the National Revenue Agency to take over this role.It was then approved at its second reading yesterday (23 July), sending it to President Rumen Radev.“The changes are aimed at clarifying the status of the gambling regulator and ensuring transparency in its work, which, in turn, will lead to optimisation and increase the quality of its activities,” one of the bill’s sponsors, Alexander Ivanov, said in a committee hearing.The bill also sets out new capital requirements for licensees after an amendment put forward by Valeri Simeonov. This includes a BGN1m (£464,000/€511,000/$594,000) capital requirement for slot licensees, a BGN1.5m requirement for casino licensees and a BGN3m requirement for those offering online gambling.Simeonov had previously introduced an amendment to the Bulgarian Gambling Act that outlined plans for the closure of all gaming halls other than a limited number of integrated casino resorts close to the country’s borders.Bulgaria’s gambling sector has endured a turbulent time with Alexander Georgiev having resigned as its head in February following his detention by police in relation to an ongoing investigation into gambling mogul Vasil Bozhkov. Bozhkov was arrested in the UAE in February on charges he is facing at home of tax fraud, attempted bribery, and organised crime, with the Eurofootball business that he owns having its licence suspended by the SCC in March.In January, Simeonov introduced a bill that would ban private lotteries in the country, effectively giving Sport Totalisator a monopoly for the vertical. This prompted sportsbook solutions provider Kambi to end its supply contract with 7777.bg operator National Lottery AD. Tags: Online Gambling Regions: Europe Central and Eastern Europe Bulgaria Legal & compliance Subscribe to the iGaming newsletter Topics: Legal & compliance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 24th July 2020 | By Daniel O’Boyle A bill to abolish Bulgaria’s existing regulator and hand its duties to the National Revenue Agency, as well as to introduce new capital requirements for licensees, has been adopted by Bulgaria’s legislature after passing its second reading. Email Addresslast_img read more

Sportech extends agreement with Jockey Club del Perú

first_imgOf its £20.2m in revenue, £13.1m came from the racing and digital division, down 27.4%, amid the cancellation of most horse racing worldwide. Regions: LATAM Peru It is the latest extension signed by the business, after Sportech extended its commingling agreement with Racecourse Media Group, the holding company responsible for a range of media rights management businesses involving 34 of the UK’s largest racecourses, in August. Subscribe to the iGaming newsletter Horse racing Sportech’s Racing and Digital tote betting solutions divison has extended its services agreement with long-term client, the Jockey Club del Perú. Earlier this month, meanwhile, the supplier also became an associate member of the North American Association of State and Provincial Lotteries. Sportech extends agreement with Jockey Club del Perú 16th September 2020 | By Aaron Noy In addition to extending its tote services engagement, the new agreement includes upgrades to the Spanish language betting website first deployed for the Jockey Club in 2018. The operator will now receive its latest white label betting platform designed for use across desktop and mobile devices. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter It recently revealed that losses had widened five-fold in the first half of 2020, as the impact of the novel coronavirus (Covid-19) led to a 38.7% drop in revenue to £20.2m (€22.2m/$26.3m). “We are pleased to extend Sportech’s partnership with the Jockey Club del Perú and to offer further enhancements to their digital platforms that will elevate the betting experience they offer their players, whether betting at the track or through digital channels,” Sportech director of sales and business development for Latin America Sean Bishop said. Topics: Sports betting Horse racing Sportech currently supplies its pari-mutuel betting solution to the Latin American operator, through its Quantum System software. Sportech also supplies its hosting and operations services from the Global Quantum Data and Operations Centre in the US, providing its services to the Hipódromo de Monterrico in Lima and to the Jockey Club del Perú’s network of betting shops. Sportech’s Racing and Digital tote betting solutions divison has extended its services agreement with long-term client, the Jockey Club del Perú. Email Addresslast_img read more

Betway joins Dutch Online Gambling Association

first_img Subscribe to the iGaming newsletter Regions: Western Europe Netherlands Topics: Casino & games Sports betting Online casino Online sports betting Betway’s director of compliance and regulatory affairs, Roger Parkes, added: “Betway is committed to providing its customers with a safe and entertaining leisure activity and is confident that NOGA will support the industry and reassure the regulator leading to a successful regulated Dutch market.” The Netherlands Online Gambling Association (NOGA) has announced betting and gaming operator Betway as its latest member, ahead of the launch of the country’s regulated igaming market next year. Tags: NOGA Betway Betway joins the likes of bet365, Betsson Group, Dazzletag, Entain (previously GVC Holdings), Flutter Entertainment and Kindred Group as members of the NOGA. This was delayed again in September this year, with the Remote Gambling Act now set to come into effect from 1 March 2021,and the market launching on 1 September. Betway joins Dutch Online Gambling Association “We also see it as a clear sign that more and more operators are seeing the benefit of joining NOGA in the run-up to the opening of the online market in the Netherlands.” Online gambling in the country was initially due to launch on 1 January, 2021, in line with the country’s new Remote Gambling Act, but in November last year, regulator the Kansspelautoriteit (KSA) pushed back the launch date to 1 July, 2021. Online sports betting “Betway is one of the world’s leading providers of premium entertainment in sports betting, casino and esports betting; we look forward to the experience that Betway will bring to our association,” NOGA chief executive Peter-Paul de Goeij said. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 16th December 2020 | By Robert Fletcher The NOGA said it expects to add more new members in the coming months, prior to the launch of online gambling in September 2021. Email Addresslast_img read more

North Carolina considers online sports betting in new bill

first_img Topics: Sports betting Online sports betting Sports betting regulation North Carolina considers online sports betting in new bill Sports betting Lawmakers in North Carolina are to run the rule over a new bill that proposes legalizing online sports wagering in the US state. Subscribe to the iGaming newsletter Introduced in the state’s Senate by Senators Jim Perry and Paul Lowe, Senate Bill 688 would expand the North Carolina sports wagering market to allow online and mobile betting. Sports betting is currently only permitted via tribal operators. These licenses would enable operators to accept online bets on both professional and collegiate sports, as well as esports and amateur sports, such as the Olympic Games. Tags: SB 688 Licenses would cost $500,000, though this would be refunded in the event that an operator’s application is turned down. Permits would run for five years, after which operator would need to pay $100,000 to renew for a further five years. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 8th April 2021 | By Robert Fletcher SB 688 would allow the North Carolina State Lottery Commission to issue at least 10 interactive sports betting licenses to operators, but no more than 12 permits would be made available. Email Address Read the full story on iGB North America. Regions: North Carolinalast_img read more

Aristocrat upgrades H1 earnings forecast amid gaming and digital growth

first_imgFor the six months to 31 March, Aristocrat said net profit after tax is expected to amount to AUD$346m (£190m/€221m/US$270m). Finance Aristocrat also said normalised earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to amount to $750m, which would be 6% higher than H1 of last year. “We will continue to rigorously execute our strategy over the second half of fiscal 2021, with increased investment… to support new game launches and existing games and strategic capabilities that will sustain our longer-term growth.” Aristocrat put this down to growth within its gaming segment, where it said it experienced “exceptional” product performance and customer engagement. The supplier also noted stronger-than-expected consumer sentiment and economic conditions in the US and the Australia and New Zealand region. 18th May 2021 | By Robert Fletcher Aristocrat is due to announce its full results for its first half on 24 May. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Tags: Aristocrat Leisure Profitcenter_img “These results reflect the fact that we have the right strategy, and made the right choices to sustain our investment in outstanding people and product, customers, talent and culture throughout the Covid-impacted period,” Aristocrat chief executive and managing director Trevor Croker said. Aristocrat Leisure has increased its earnings forecast for the first half of its financial year after experiencing better-than-expected growth within its gaming and digital businesses. Normalised net profit after tax and before amortisation of acquired intangibles (NPATA) – excluding the impact of a $19m retention expense associated with the acquisition of Plarium – is set to reach $412m, up 12% on the same period last year. Aristocrat upgrades H1 earnings forecast amid gaming and digital growth Topics: Finance Q1 results 2021 “We expect economic conditions across key markets over the full year to remain uncertain, as a result of ongoing Covid-driven volatility. We are closely monitoring key factors including consumer sentiment, gaming venue patronage and currency headwinds.  In addition, Aristocrat said its business delivered above industry-average growth in terms of bookings, which translated into year-on-year revenue and profit growth. This, Aristocrat said, was due to strong investment in user acquisition, live operations, new game content and features.  Email Addresslast_img read more