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iGaming Industry

Riga Gaming Congress: speaker interview with Steve Donoughue

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Steve Donoughue at Riga Gaming Congress 2017

Steve Donoughue: A well-regulated and taxable industry is the best development option

 

Running a gambling business abroad not knowing the subtleties of its legislative regulation in a specific country is a huge risk for an entrepreneur. To avoid negative consequences, you should always consult industry experts.

One of them is Steve Donoughue, a consultant on business strategies and policies in the gambling industry. We talked to him about the specifics of his work, unusual situations with customers, and discussed which countries have the most loyal policy towards gambling business.

Steve! Could you please tell us about your responsibilities as a business strategies and policy consultant for the gambling industry?

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I do four types of work.
I am a management consultant who specializes in gambling. I do strategic work for operators, such as casino feasibility studies, white papers and market entry strategies. I also provide licensing and compliance advice, so I help people get online gambling licenses in the UK and then advise them on how to stay compliant with UK regulations.

I am also in my final year as a PhD student and I am writing about the Gambling Act 2005, which is the law that governs Britain’s gambling industry, why it happened and the impact it has had. I’ve been researching it for four years and I’m writing the final chapter.

I am the Secretariat of the Parliamentary All Party Betting & Gaming Group. This means I look after 40 members of the British Parliament who are interested in gambling. I arrange a series of seminars that are held in Parliament where we get members of the industry and associated stakeholders to discuss topics of interest to do with gambling in front of an invited audience of Parliamentarians and members of the UK gambling industry.

Over the 20 years of experience, what were the most controversial events that you’ve encountered during your work?

The really controversial stuff is kept secret. A management consultant is like a doctor and keeps his clients’ secrets secret!
The most interesting work I do is when I am advising governments as then you are dealing with the very heart of the big issues about gambling: How much? What kind? Who can provide? Who will regulate it and how? You usually only have one go at it because governments have bigger priorities than just gambling and then there is always the fun of dealing with the anti-gamblers.

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Are there any organizations that you’d particularly like to work with in the future?

I would love to work with governments in Eastern Europe because I find the countries fascinating and the people so much fun.
I also like working with governments in the Caribbean!

In your opinion, what European country has the most gambling-friendly policy?

I think the UK is probably one of the best of the big countries but it is getting less gambling-friendly. The wonderful thing about gambling politics is that things never stay the same. It’s like a pendulum, some years countries love gambling, some years they hate it. It depends on the relationships the gambling industry has with the government and also how much gambling has become a political issue.

Small countries, like Malta, which have a large proportion of their economy based on gambling, will always be gambling-friendly.

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And if we’re talking about the whole world?

Fortunately, for our business the majority of the world is still developing when it comes to gambling. This doesn’t particularly mean they’re gambling-friendly, just that there are opportunities out there. Hopefully, countries realize that having well-regulated and taxed gambling industries is the best way forward.

What interesting issues will you be addressing as part of your presentation at Riga Gaming Congress?

I hope all I have to say will be of interest! I will be comparing Latvian regulation with the UK and, hopefully, showing how both countries can learn from each other.…

The post Riga Gaming Congress: speaker interview with Steve Donoughue appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.

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Source: EEGaming.

Digicode

Digicode Appoints Itai Zak as Executive Director for iGaming Division

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Digicode, a leading provider of innovative software solutions, has appointed Itai Zak as Executive Director for the iGaming division. In this role, Itai will drive the growth and strategic direction.

With over 15 years of experience in the iGaming industry, Zak brings a wealth of knowledge and expertise to Digicode. He has a proven track record of successfully leading and scaling businesses in the online gaming sector, gaining experience as the CEO of SBTech, GoWild Gaming, and Spiral Solutions.

Under Itai’s visionary leadership, GoWild Casino not only seamlessly transitioned to a state-of-the-art iGaming platform but also achieved an astounding 450% increase in profitability, driven by Itai’s strategic expansion into new markets and his ability to build and lead a formidable team of over 300 professionals.

At SBTech, Itai was instrumental in redefining the company’s sales, marketing, and business development approach, transforming SBTech into a leading provider of turnkey sports betting and iGaming solutions. His efforts have helped grow the company from 60 to over 600 employees across multiple global locations, with significant year-on-year growth in net profit.

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Itai’s appointment is a testament to the company’s commitment to innovation, excellence, and strategic growth within the iGaming sector. His proven track record in navigating complex regulatory environments, coupled with his forward-thinking approach to product and market strategy, positions Digicode for exciting advancements in its iGaming offerings.

“We are thrilled to have Itai Zak join our team. His deep understanding of the iGaming landscape and leadership skills will be invaluable as we continue to innovate and expand our foothold in this dynamic industry. Also, Itai’s proven track record in navigating complex regulatory environments, coupled with his forward-thinking approach to product and market strategy, positions Digicode for exciting advancements in its iGaming offerings,” Max Maslii, President and global CEO at Digicode, said.

In his new role, Zak will develop and execute Digicode’s iGaming strategy, focusing on driving revenue and growth. He will work closely with the product development and sales teams to deliver cutting-edge solutions tailored to the unique needs of iGaming operators.

“I am excited to join Digicode and lead their iGaming division. Digicode has a proven track record of delivering innovative software solutions, and I am eager to contribute to their continued success in the iGaming market,” Itai Zak said.

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City Center Online

Pragmatic Play Goes Live with City Center Online in Argentina

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Pragmatic Play, a leading content provider to the iGaming industry, is enhancing its standing in Argentina and is now live with City Center Online.

Taking its leading Slots portfolio to the online casino, City Center Online’s players are now set to benefit from leading titles, including award-winning hits like Sugar Rush and Gates of Olympus as well as more recent releases from Pragmatic Play’s ever-expanding portfolio such as Pub Kings and Mustang Trail.

This latest agreement follows a series of partnerships that Pragmatic Play has struck across the regulated LatAm markets, combined with several regional industry awards, further cements its position as the leading supplier in Latin America.

Victor Arias, VP of Latin American Operations at ARRISE powering Pragmatic Play, said: “We are delighted to announce Pragmatic Play’s agreement with City Center Online as the brand continues its upward trajectory and supply even more LatAm operators with its acclaimed, industry-leading titles.

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“With Pragmatic Play’s renowned slot library now live on the platform, we are confident they will be a hit with City Center Online’s players, and we look forward to see its content provision expanding even more in the near future.”

Samanta Zio, Online Gaming Manager at City Center Online, said: “The quality and brand recognition that is brought on by Pragmatic Play games cannot be understated and we are delighted to now offer its portfolio to our players.

“Underpinning our commitment to providing premium gaming experiences to audiences in Argentina, we are confident this partnership is a momentous win for City Center Online.”

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iGaming Industry

Pragmatic Play Adds TriunfoBet to Growing List of Latin American Partners

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Pragmatic Play, a leading content supplier to the iGaming industry, will soon bring its dynamic multi-product portfolio to more customers with Venezuelan operator TriunfoBet, encompassing its Slots, Live Casino, and Virtual Sports offering as part of the deal.

The supplier has continued to build on its impressive Live Casino offering with the launch of Treasure Island. The action-packed gameshow follows in the footsteps of similar hit titles such as Sweet Bonanza Candyland and Snakes & Ladders Live which are also fan favorites across LatAm.

In addition, casino classics such as Roulette and Blackjack will be brought to an even wider audience in the region thanks to this latest tie-up.

Pragmatic Play’s renowned Slot portfolio will promptly be available for TriunfoBet players to enjoy including new titles such as Gates of Olympus 1000 in addition to Christmas-themed versions of its player-favourite franchises including Big Bass Christmas Bash and Sugar Rush Xmas.

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Rounding off the collection is Pragmatic Play’s Virtual Sports which delivers cutting-edge 3D renderings of popular sports betting markets that match real-life equivalents across horse and greyhound racing, football, and motorsport.

The new agreement with TriunfoBet further boosts Pragmatic Play’s profile across the LatAm market as it cements itself as the industry-leading supplier in the region.

Victor Arias, VP of LatAm Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play’s content has become a household name in LatAm, and we are confident that TriunfoBet will achieve similar levels of success as other partners. The LatAm market continues to be a key area of expansion for Pragmatic Play, as evidenced by the consistent stream of new partnerships launched each month. TriunfoBet is the perfect addition to Pragmatic Play’s growing portfolio of partners in this region.”

Luis Lizarazo, CEO of TriunfoBet, said: “We strive to provide our players with an exceptional experience on our platform, and our latest partnership with Pragmatic Play allows us to significantly enhance our offering with their extensive range of products. Pragmatic Play’s remarkable growth in Latin America has been truly impressive, and we are thrilled to be among their latest partners. We are confident that their Slots, Live Casino, and Virtual Sports will be met with the same resounding success they have garnered worldwide.”

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