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iGaming Industry

EXANTE expert: “Bitcoins and US Equities are the most profitable assets today”

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Patrick O’Brien at Riga Gaming Congress

Currently, bitcoins and US Equities are the most profitable assets. It was announced by Patrick J. O’Brien, a writer and communications specialist at EXANTE investment broker. We discussed with him various issues: advantages of EXANTE trading platform, the most profitable investments, features of business operation in Malta and development of gambling sector in Latvia.

 

Interviewer: Riga Gaming Congress (RGC)
Speaker: Patrick O’Brien (P. O.)

RGC: You represent an Investment broker EXANTE. Please, tell more about your company’s activities.

P. O.: Founded in 2011, Exante is an Investment broker for professionals. We provide investors with direct access to stock markets at institutional rates, and assist our customers with co-locations and market data to satisfy the demands of state-of-the-art algorithmic trading. For example, investors can trade stocks online from the US markets to exchanges in Europe, Asia and Australia directly, and most importantly from a single account.

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RGC: One of the reasons why your service is popular is the automated trading platform with numerous modules. Please, tell about its advantages for customers.

P. O.: Yes, at the heart of EXANTE’s trading technology is its multifunctional Automated Trading Platform (ATP): a state-of-art tool for manual and automated trading. Exante developed ATP from scratch, without using third-party solutions. This guarantees its fast, stable and reliable performance. EXANTE ATP provides our clients with fast data feeds, fast data executions, and 24/7 tech support. In addition to trading on the ATP, our clients also use it for the real-time monitoring of their account summaries and trades. EXANTE ATP supports the trading of all financial instruments provided by us.

RGC: How has EXANTE managed to establish itself in the European and Asian markets?

P. O.: Firstly, we hired highly skilled professional Account/Relationship Managers to work within different markets especially in Europe, giving our clients accessibility and 24/7 service. With a global presence in London, the Netherlands, Latvia, Zurich, Malta and Dubai, to mention but a few we have our finger on the pulse to what is happening on the ground. With an office in Singapore, Exante is currently expanding our focus on this market, as we believe the potential is uptapped and we have many partners who want to work with us.

RGC: Why is it beneficial to conduct business in Malta? Please, illustrate your answer with the experience of EXANTE.

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P. O.: In no small part, Malta’s rise into the ranks of Europe’s leading finance centers has been driven by the island’s reputation for stability, predictability and security, which has made it an exception among other global financial centres, all reasons that attracted Exante. We were looking for a country with a robust, EU-compliant regulatory framework, diverse ecosystem and deep talent pool, which would allow us to find opportunities easy. Compliment that with a strong banking system that for us was of the utmost importance.

RGC: How do you assess the potential of gambling in Latvia? What, in your opinion, restrains the market development and how these problems can be solved?

P. O.: Latvia is in transition from positive results of 2016, the gaming industry is ready to enter a new zone. However, changed government policy towards the gambling sector challenges not only its development but also its existence within legal environment. Market analysts are trying to find out whether the gambling business provides Latvia with benefits or whether its development is indeed related with harmful consequences for the country. Personally, I believe Latvia needs to embrace change and open up its doors to more lenient procedures to make sure they learn from other gaming hubs through Europe.

RGC: Would you reveal the secret how to make money on binary options? Which assets are the most profitable today?

P. O.: Binary options are like a stepping block in financial engineering: no matter how knowledgeable, no one can consistently predict what a stock or commodity will do within a short time frame. Will Apple shares go up or down in the next 10 minutes? Unless there has just been some major announcement from the company, there is no way to even guess at that. As for the most profitable asset today, I would say Bitcoin and US Equities round the world also gaining as well as bonds.

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RGC: Five years ago, your company founded the world’s first cryptocurrency hedge fund – Bitcoin Fund. Is it beneficial to invest in cryptocurrency today? What are the risks?

P. O.: Virtual currencies have been playing an increasingly significant role in finance, with investors around the world buying the digital tokens and driving up their value dramatically. True, Exante were the pioneers with the most Successful Bitcoin Fund in History. For example, take Bitcoin. When a currency loses value, its purchasing power goes down and leads to paying more money to acquire the products. In the end, it is like a tax on what people have already acquired, which may not be enough at the same time. With Bitcoin, the system is infinite and therefore no need to worry of the money getting finished. By the year 2050, it is estimated that there will be in circulation one Bitcoin to cater for 500 people globally.
As for risks, well everything has a risk.

RGC: At Riga Gaming Congress 2017, you will take part in the panel discussion “Latvia & Malta: where innovations meet laws, a parallel with the situation in Latvia”. Please, tell more what issues will be touched during the discussion? Whom do you recommend to attend the discussion as a listener?

P. O.: Latvia and Malta share a common ground and we can learn much from each other. Malta is regarded as one of the leading international hubs that regulate remote gaming effectively and responsibly. In fact, the island has become a benchmark of how i-Gaming should be regulated. Malta maybe a small country on the world stage but one with a big influence.

Latvia’s Gaming Sector is mature in nature. I think the major emerging opportunities for Latvia are in online and mobile gambling, which is growing in enormous pace. Latvia has one of the fastest Internet speeds in the world and rather low labor costs and I think the regulator needs to look at new ways to open up windows of accessibility to potential investors in this sector.
I recommend all with within financial or gaming sectors to attend, be it potential investors and developers, as well as innovators and startups or those who want to learn about what’s happening within this arena.

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You will be able to discover more about Latvia’s gambling potential on October 12 at Riga Gaming Congress 2017. Registration for the event is already available.…

The post EXANTE expert: “Bitcoins and US Equities are the most profitable assets today” appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


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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