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Portuguese Gambling Market Update, presented by Eduardo Morales-Hermo at European Gaming Congress (EGC) 2018

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Ljubljana – 11 July 2018 – Portugal is famous for many things, it is the birthplace of Cristiano Ronaldo, has great wine and a rich history. Being a medium-small size market with an estimate population of 10 million people, the gambling industry has always been a quality driver of Gross Gaming Revenue (GGR).

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The GGR in Portugal is around 110 million Euros and the markets has interesting areas that is important to be discussed, as to what not to do in a regulatory framework regarding taxation.

Online gaming and betting generated €122.5 million in 2017 from 800,000 registered players on sites in Portugal. The information was revealed in February this year by the Gaming Regulation and Inspection Service.

The “Online gaming activity in Portugal” report for the last quarter of 2017 also showed that 17,600 players had self-excluded themselves from gambling, 4,600 more than in the third quarter of the year.

At the end of last year, 61.3 percent of gamblers were aged between 35 and 44, followed by 25 to 34-year-olds (39.3 percent) and 18 to 24-year-olds (27.8 percent).

More than half of the gamblers live in or around Porto (22 percent), Lisbon (19.5 percent) and Braga (9.7 percent).

The tax regime imposed by Portugal’s three-year-old gambling law seems to be a hindrance for new gambling companies. As per the law, remote gambling operators need to get a license from the country’s gambling regulator Serviço de Regulação e Inspeção de Jogos (SRIJ).

During the inaugural edition of European Gaming Congress, gaming expert Eduardo Morales-Hermo, will share the latest insights he has about the market and experiences he encountered while working with the Portuguese and Spanish market regulations.

About Eduardo

A businessman with 45 years of experience, having worked as executive in corporation management, product development and, for the last ten years, as advisor and consultant in the gaming industry, both in-person and via interactive channels.

He graduated in MANAGEMENT STUDIES; Marketing and organization behavior; Quantitative Methods and Operations Management; Economics and Finance, by Emmanuel College (University of Cambridge); MBA/JD JOIN PROGRAM DEGREE (LMBA) by the University of Maryland, USA; New Technologies applied to Gaming and Entertainment; by the UNLV University of Nevada, Las Vegas, USA.

Eduardo has more than 15-year experience in online gaming, strategy planning, product and business development, implementation and restructuration of gaming corporations; regulations making for in-person and online gaming via interactive channels.

He was CEO, General Director and stockholder of gaming corporations in several European countries, and currently he works as advisor and consultant at Intelligent Gaming Company, and has participated in more than 30 projects.

Make sure you register your seat in time to benefit of the great lineup of speakers that will share their knowledge for operators and industry connected companies about France, Spain, Italy, Malta, Portugal, Slovenia, Austria, Croatia, Serbia, Montenegro, Greece, Bosnia and Herzegovina, Liechtenstein, Monaco, Netherlands and Belgium.

The inaugural edition of European Gaming Congress which will be held on the 16th of October at the Grand Union Hotel in Ljubljana will also focus on shedding light upon the industry and its main topics.

The European Gaming Congress (EGC) is expected to bring together industry expert from all over Europe and create a platform which will enable both networking and learning at the highest quality.

You can view the full agenda on the following link.

Full detail about the event can be found on the official website of the event: https://europeangamingcongress.com/

Make sure you grab your seat as the seats are limited to 100 registrants!

 

Register here!


Source: Press Releases Published on European Gaming Media Network

Press Releases

Camel Rock Casino Chooses VizExplorer

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Camel Rock Casino Chooses VizExplorerReading Time: 2 minutes

VizExplorer, a leading provider of operational intelligence solutions for casinos, announced the execution of a new license agreement to deploy its floorViz™ and campaignViz™ solutions at Camel Rock Casino, operated by the Pueblo of Tesuque.

The New Mexico-based casino exists in a highly competitive market with several other gaming properties nearby. To mitigate the competition, the Tesuque Pueblo tribe announced last year its plans to build a replacement casino on tribal land near the Santa Fe Opera.

Seeking to secure its player base and optimize revenues at the new casino, Camel Rock selected VizExplorer to uncover insights it needs to make informed, profitable business decisions going forward. Using VizExplorer’s floorViz, the team will determine which games to keep, which new games to invest in, and where to place them on the new gaming floor. The marketing team will employ campaignViz to evaluate and properly incentivize players during the transition to the new casino, and determine an effective player reinvestment strategy.

“We are eager to get up and running with VizExplorer and trust that the information and insights their solutions offer will help us improve our slot floor, increase visits and encourage more play among our guests,” says Michael Beach, Camel Rock Casino’s Director of Marketing.

“We’re thrilled that Camel Rock chose VizExplorer solutions. The choice signals a commitment to using technology to derive valuable insights to improve operational efficiency, which is key to winning in a competitive casino landscape,” said Kyle Gryzanoski, VizExplorer’s VP of Sales – Western Region.

Camel Rock Casino joins more than 50 other tribal casinos currently using the VizExplorer platform. The agreement was handled by VizExplorer reseller Game Changing Technologies, a provider of licensing and consulting services to companies doing business in the casino industry.

 

About VizExplorer:

VizExplorer offers operational intelligence (OI) solutions to the gaming industry. The next generation in data-driven decision making, OI lets businesses analyze live, fast-changing data and take immediate action using a single toolset. VizExplorer’s tools help enterprises address smart space and profit optimization, marketing campaign management, CRM and customer service, and service and dispatch management. VizExplorer is led by a team of distinguished OI experts, seasoned industry veterans and world class software developers devoted to building the very best products backed by extraordinary support. VizExplorer is headquartered in San Diego, with offices in Las Vegas and Wellington, New Zealand.


Source: Press Releases Published on European Gaming Media Network

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Press Releases

Wazdan pushes the boat out at iGB Live!

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Wazdan pushes the boat out at iGB Live!Reading Time: 3 minutes

Friday, July 20; 2018, Malta – Game-producer Wazdan hosted partners and the media to a boat party on Amsterdam’s canals to celebrate what has been a meteoric rise in the gaming world in less than a year as well as to mark two major game launches during iGB Live! The company had plenty to celebrate, this week alone Wazdan launched both Fruits Go Bananas™ as well as the much anticipated Spectrum.

In what has been a great year so far, Wazdan opened a new European office in Malta with a big party last month, won Hot Product Award at G2E Asia, as well as Start-Up of the Year Award at MIGEA Excellence Awards, was nominated for the EGR awards, have released a slew of new games and signed with some of the biggest names in the industry including EveryMatrix, Videoslots, SlotMillions, Tipbet, Iforium, iSoftbet, Evenbets, Groove Gaming, Globalplay and Rabbit Entertainment, amongst others.

The hosts welcomed their guests with a delicious dinner party on board the vessel as it cruised Amsterdam’s main canals. As a special treat, wooden boxes of exquisite hand-made chocolates were distributed to guests themed for Fruits Go Bananas™.

Apart from Fruits Go Bananas™ and Spectrum, Wazdan has launched a myriad of games this year, Book of Magic Deluxe, Magic Fruits 4 Deluxe, Dracula’s Castle, Magic of the Ring Deluxe, Magic Stars 3, Great Book of Magic Deluxe, 9 Lions, Double Tigers, Sizzling 777 Deluxe, Hot Party Deluxe, Corrida Romance Deluxe, Fruit Mania Deluxe, Football Mania Deluxe and Highway to Hell Deluxe.

Head of Sales at Wazdan Andrzej Hyla said: “Innovation is in our DNA at Wazdan and we are having great fun participating in this year’s iGB Live! showcasing our technology platform and our innovative Unique Wazdan Features. By showcasing what our technologists and games developers are capable of, we help to educate the industry on the depth of our talent pool and their capabilities. Wazdan has a technology advantage, and that has always been reflected in the games we produce. We’re delighted so many partners and friends could join us for this very special occasion on Amsterdam’s canals aboard this beautiful boat.”

Wazdan’s world-class studios are experienced in developing games and technologies for desktop, tablets and mobile, with a particular emphasis on mobile. The Unique Wazdan Features, that include the world’s first Volatility Levels™, Energy Saving Mode, Double Screen Mode and Unique Gamble Feature, are a central element to deliver Wazdan’s HTML5 slots for mobile, tablet and desktop and have been showcased throughout iGB Live!.

For further information visit www.wazdan.com

 

 

ABOUT WAZDAN:
Wazdan is a popular game producer, developing innovative casino games that deliver original, fun and truly omni-channel player experience. Offering an extensive game library of over 100 HTML5 slots, table games and video pokers, Wazdan is gaining popularity on the iGaming market thanks to the great quality of their games, interesting themes and engaging gameplay. Wazdan’s game portfolio consists of such popular titles as Great Book of Magic Deluxe, Magic Target Deluxe, Valhalla and Wild Guns and soon will extended with new amazing slot games, including Los MuertosTM, Mayan RitualTM and Captain FlyntTM, among others. Wazdan releases new, exciting titles on a regular basis and equips them with Unique Wazdan Features: innovative Volatility LevelTM, exciting Unique Gamble Feature and mobile-friendly Energy Saving and Double Screen Modes. Wazdan holds a number of  European trademarks including for their world’s-first Volatility Level TM. Their extensive portfolio of clients includes some of the top gaming operations in the industry. The company is headquartered in Malta and holds licenses issued by the UKGC, the MGA and complies with Curacao regulations. Furthermore, their games use the RNG certified by the NMi, which ensures reliable, fair and secure gameplay. Wazdan’s Sales Team is showcasing their products at iGB Live! in Amsterdam from July 17th to the 20th.


Source: Press Releases Published on European Gaming Media Network

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Press Releases

BetConstruct to open its platform to competing sport betting solutions

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BetConstruct to open its platform to competing sport betting solutionsReading Time: 1 minute

BetConstruct announces that their platform is now open to third party sportsbook solutions.

 

BetConstruct is known for being flexible, not greedy and partner-oriented. Although the company develops most of the products in-house, they also offer partners the alternatives developed by competitors.

“In short, we don’t play God to our partners and let them decide what’s best for them,” says Vigen Badalyan, BetConstruct Founder and CEO. “However, there are some restrictions. Where success of the vertical depends on liquidity, we limit the offer to our own product. Exception until today was the sportsbook. Today we are opening our platform to all sportsbooks. Just as we offer slots from Microgaming, NetEnt, Red Tiger Gaming and others along with our own content, we decided to offer sports betting products from our colleagues to our partners,” stated Mr. Badalyan.

This unprecedented move provides operators with the choices they didn’t have until now. Staying true to its philosophy of cooperation within the industry, BetConstruct believes that they’ll benefit from diversifying their sports betting offering as they benefited from diversification of their offer in all verticals.

BetConstruct is an award-winning developer and provider of online and land-based gaming solutions with development, sales and service centers in 16 countries.
BetConstruct’s innovative and proven offerings include an extensive range of products and services, including Sportsbook, Sports Data Solutions, Retail Solutions, RNG & Live Dealer Casino, VR Casino, Poker, Skill Games, Fantasy Sports, Social Platform and more. The latest addition is the industry-first complete management infrastructure, SpringBME (Business Management Environment).
All partners benefit from the BetConstruct Spring platform with its powerful back office tools and all-inclusive services that empower operators’ growth and help contain their costs. From stand-alone set up to turn-key and white label solutions, BetConstruct offers its partners unfettered opportunity to succeed.


Source: Press Releases Published on European Gaming Media Network

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