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Online gambling in Europe compared to online gambling in the USA

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Online gambling has a wide spread during the past 20 years and it is slowly replacing conventional gambling parlors. Land-based gambling operators have understood the potential of convergence and have slowly implemented games that are similar to what players find in their favorite casinos around the world.

Nowadays, the popular slots games have made their way to all online casinos and it is clear that you can now play your favorite reels whenever you are located. This of course is possible if your chosen casino operator own a license in your jurisdiction. Although you are able to access online casinos, it is not possible for everyone to deposit money due to licensing frameworks.

Online gambling has a set of specific rules and it all depends on where gamblers live and what the rules for online gambling are in that certain jurisdiction.

During the past 10-15 years there have been several licensing framework that have been implements and amendments added all over the world, however we will study 2 specific jurisdictions in this article. The gambling jurisdiction for online gambling in Europe and in the USA.

Even if roller coasters are very popular in America, the regulation of online gambling in UK and Europe are certainly mirroring the ups-and-downs in the region. Gambling associations in the European Union have always suggested that gambling licenses should be controlled by the European Commission, however this never materialized. There have been news about the fact that the European Commission is working to develop a framework for online gaming in the EU, but we are still waiting to find the result.

In the European Union, online gambling is very mixed! Some countries such as Malta, UK (still part of the EU at the time when this article was written), Czech Republic, Latvia, Lithuania, Estonia, Bulgaria, Romania, Sweden and Denmark have clear licensing procedures that are governed by local governments and a have a set of laws that need to be followed by the operators. These markets have understood that in order to attract international operators that are always active and invest in regulated markets such as 888 or many more, there has to be a transparent and competitive law in force.

However, this is not the case for all 28 member states in the European Union, some have chosen to completely ban online gambling licensing and have also resorted to IP blocking and website banning in order to keep out the international operators.

When talking about the USA, it is a totally different slice of cake. In the online gambling industry, Black Friday does not refer to the biggest shopping day of the year or any tragic event that happened on a certain Friday. Black Friday refers to April 15, 2011, the day the United States brought a criminal case against three of the largest online poker companies operating in the country at the time, effectively wiping out the entire industry in America. Since 2011, Americans had lost their right to gamble online but these dark days are over now.

On 14 May 2018, the United States Supreme Court paved the way for individual states to introduce legislation permitting sports betting if they wish so, by striking down a federal law which had effectively prohibited this. This outcome was the result of a long-running attempt by the State of New Jersey to legalize sports betting within Atlantic City, following a non-binding referendum of its citizens in 2011 in favor of this.

The Supreme Court’s judgment has not made sports betting legal in the United States. What it has done is placed the ball firmly back in the courts of the individual states to legalize and regulate sports betting if – and as – they see fit, just as they already do with many forms of non-sports gambling such as casino gaming.

The partial re-opening of the US market has lead giant companies to enter the market and focus establishing their presence accordingly. Most of these companies have developed exclusive websites for the US players and have gone through significant improvements in order to deliver a superior experience. Most notable is 888 NJ, one of the most well-established online wagering operators in the world, and has been providing players with a safe, secure and fair place to wager since it first launched in 1997.

However, fears of becoming a mixed market in comparison with the European Union remain. Some states are not looking to regulate the online gambling licensing procedures. The future of online gambling in the USA is still bleak as there are certain signals about the fact that some stated might opt to block online gambling. It is certainly an interesting story in development since as a US citizen you have the same freedom all around the USA.

We will continue to report around this story of our century in the history book of the online gambling industry.


Source: Latest News on European Gaming Media Network

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New headquarters for DraftKings

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New headquarters for DraftKingsReading Time: 1 minute

 

DraftKings, one of Boston’s largest tech companies, is moving into a new corporate headquarters in downtown Boston, as it planned to grow from 425 employees to more than 700 employees in 2019. About 600 of those workers were expected to be based in Boston.

Company executives are hosting a ribbon cutting and tour of the 105,000-square-foot space near Copley Square in the city’s Back Bay neighbourhood.

DraftKings was founded in 2012 and made its mark as a major force in daily fantasy sports. The company is currently located in an office building near South Station.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New headquarters for DraftKings

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AGTech announces revenue report of 2018

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AGTech announces revenue report of 2018Reading Time: 1 minute

 

AGTech Holdings Limited announced its final results for the last year, revealing a profit of approximately HK$317.1 million (US$40.4 million). The results were up from a loss of HK$302.2 million in the prior year period.

Revenue of the group, however, was down 44.2 per cent year-on-year to approximately HK$168.6 million.

The main revenue contributions were from lottery hardware, lottery games, and systems, provision of distribution and ancillary services, games and entertainment business in the PRC.

The decrease in revenue was caused by an HK$86.0 million decrease in revenue from its games and entertainment division and a decrease in sales of lottery hardware of approximately HK$60.3 million.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AGTech announces revenue report of 2018

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AGS Demonstrates Its Obsession With Tribal Gaming At The NIGA Indian Gaming Trade Show April 3-4; New Orion Upright Cabinet Makes NIGA Debut

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AGS Demonstrates Its Obsession With Tribal Gaming At The NIGA Indian Gaming Trade Show April 3-4; New Orion Upright Cabinet Makes NIGA DebutReading Time: 3 minutes

 

Company’s passion for the game takes center stage as AGS displays full lineup of new slot and table games, and online social and real-money games

 

AGS today announced that it will be exhibiting at NIGA‘s Indian Gaming Trade Show April 3-4 in San Diego, with a spotlight on the Company’s newest core slot cabinet – the Orion Upright℠ – along with a host of new slot titles, table products, and online social and real-money gaming solutions.

AGS will be live in Booth No. 1651 at the San Diego Convention Center. Taking center stage will be AGS’ new Orion Upright, a core cabinet with many of the same features as the Company’s award-winning Orion Portrait℠ and Orion Slant℠ platforms, including the distinctive starwall design featuring 420 game-synchronized full-color LED lights to celebrate gameplay. The Orion Upright is launching with a library of exclusive new titles and greatest hits from AGS’ ICON™ cabinet.

Debuting for the first time at NIGA, gaming operators will experience AGS’ Orion Upright with the new Fortune Blast™ family featuring four brand-new titles — Luck and Luxury™, Imperial Luck®, Goddess Treasures®, and Blazing Luck™. This new series offers ways or line-pay evaluation for more winning opportunities, and a symbol-locking feature to keep players on the edge of their seats.

AGS President and Chief Executive Officer David Lopez said, “NIGA is a show we look forward to every year because it gives us a chance to meet with our tribal operator-partners in an intimate setting and highlight our newest and most exciting products that are launching over the year. This year we are very excited about our new Orion Upright because it fills a need on many casino floors for a differentiated, attractive, and sophisticated core cabinet with great content.”

The Company will also showcase its hottest new Class II and Class III titles for the Orion Portrait platform, including Crystal Magic®, Hearts and Horns™, Enchanted Pearl™, and the popular Rakin’ Bacon!™ with its cherubic pig that gets fatter and fatter as the wins add up. Hailing from the Company’s Australia game-development studio, the title Red Silk™ showcases a fresh new family on Orion Portrait featuring a three-level linked progressive, a wild reel feature, and up to 10 free games. For the Orion Slant, AGS will spotlight the Fa Cai Shu™ and Kingdom Ca$h® families, which offer themed banking, linked progressive jackpots, and a variety of math models for a diverse and exciting gaming experience.

AGS continues to propel its table products business with a host of new proprietary table games and table solutions. NIGA attendees will get to experience Super Start Hold’em™, a poker-style game whereby the players always start with the better two-card hand than the dealer; the popular Criss Cross Poker™ with Bonus Spin™; Blackjack Match Progressive™ featuring the popular must-hit-by jackpot level; and Three Card Blitz, an exciting new flush-based game featuring player vs. dealer excitement to achieve the highest-scoring hand using up to three suited cards.

AGS will demonstrate its two table-game progressive platforms – STAX™ and Bonus Spin – which just reached a milestone of more than 1,000 units installed across the U.S. with a healthy backlog of orders planned throughout 2019. The award-winning STAX has a must-hit-by option that is driving demand and excitement on games like Super 4®, Blackjack Match™, and Royal 9™ as players anticipate the chance to win one of the five progressive jackpots. And Bonus Spin offers an eye-catching and anticipatory experience with its virtual prize wheel.

From its table equipment lineup, AGS will showcase the Dex S™ single-deck poker shuffler, featuring a streamlined design that is economical, durable, reliable, and exceptionally functional.

In the Company’s Interactive display, AGS will showcase its ConnexSys™ Social White-Label Casino solution, a turnkey, free-to-play mobile casino app that integrates the casino brand with AGS’ proven and player-favorite land-based titles to keep players engaged at home, work, and on-the-go.

And with real-money gaming at the forefront of many tribal gaming operators’ agendas, AGS will also be on hand to provide live demonstrations of its AxSys Games Marketplace™ and large library of titles, featuring AGS top-performing games as well as a host of entertaining games from third-party developers.

 

About AGS:
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at www.playags.com.

 

©2019 PlayAGS, Inc. All® notices signify marks registered in the United States.  All ™ and ℠ notices signify unregistered trademarks. Products referenced herein are sold by AGS LLC or other subsidiaries of PlayAGS, Inc.

Source: AGS


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AGS Demonstrates Its Obsession With Tribal Gaming At The NIGA Indian Gaming Trade Show April 3-4; New Orion Upright Cabinet Makes NIGA Debut

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