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European Gaming Congress 2024
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Compliance Updates

Gaming Americas Q1 2024 Meetup: Balancing Slot Mechanics and the US Legislation Roundup

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HIPTHER’s Virtual Quarterly Meetups for the Gaming industry have officially returned for 2024! The Gaming Americas Q1 Virtual Meetup took place on February 28, featuring an informative panel on Innovating Slot Mechanics, and our staple US Legislation Round-up.

HIPTHER’s Co-Founder, Zoltan Tuendik, hosted the first session about Slot Mechanics, featuring Connor Blinman, Head of Games at Gaming Corps, and Raph Di Guisto, Founder at Silverback Gaming. For the Q1 US Legislation Roundup, the “usual suspects” Martin Lycka, SVP for American Regulatory Affairs & Responsible Gambling at Entain, Bill J. Pascrell III, Esq, Partner at Princeton Public Affairs Group Inc, and Jeremy Kleiman, Gaming Attorney and Member at Saiber LLC, reunited for a session that offered ample insight into the latest regulatory updates in the United States.

The first part of the Meetup primarily focused on the future direction of the gaming industry, including emerging trends in slots and game mechanics, the potential of virtual reality and multiplayer technology in the casino industry, and the game development process. The US Legislation Roundup walked us through the challenges faced by the online gambling industry due to the popularity of unregulated offshore sites, the sports betting industry, the legalization of iGaming in various states, the regulation of online gambling and sports betting, and the future of online sports betting and iGaming services.

 

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Innovating Slot Mechanics: Balancing Novelty with User Experience

Connor and Raph discussed the game development process, highlighting the importance of understanding the target audience, conducting market research, and introducing innovative mechanics. They anticipate a trend towards medium volatility games with increased player engagement. They also discussed the potential of skill-based and personalized gaming experiences, as well as integrating multiplayer technology. The conversation underscored the complexities of the market and the need for continuous innovation. They discussed the challenges of introducing a new feature in the competitive slots game market and the importance of adapting and innovating. They also focused on reducing player fatigue and burnout and adapting to evolving market needs. The discussion ended with a focus on measuring the success of new game mechanics after their release using player feedback and data analysis.

 

Q1 US Legislation Roundup: Online Gambling Challenges, New Markets,Taxation, and Sports Betting Industry

Jeremy discussed the difficulties faced by the online gambling industry due to the popularity of unregulated offshore sites among players in regulated markets. He questioned the incentives for players to switch to regulated sites and acknowledged this as a challenge for both the industry and regulators.The conversation between Jeremy, Bill, and Martin revolved around sports betting, particularly in New York and North Carolina, with a focus on tax rates and policy. The need for investing in consumer protection, innovation, and improved customer experience was emphasized.

Bill Pascrell discussed the challenges and progress of online gaming in various states, including the potential tax increase proposed in New Jersey and the readiness of other states to legalize iGaming. The conversation primarily focused on the introduction of sports betting legislation in various states and its potential impact. The panelists also briefly touched on the possibility of regulating online casino and poker games in Maryland. The conversation emphasized the importance of bringing in interested operators, incentivizing them with bonuses, deductions, and reasonable tax rates.

Bill, Martin and Jeremy had a wide-ranging discussion about the sports betting industry. They highlighted the role of Senator Hoskins and his support for the industry. They also touched upon the public perception of the industry and the need for responsible gambling. The conversation explored the challenges of regulating the Black Market and the potential for increased tax revenue. The group also acknowledged the need for the industry to proactively educate the public about its benefits. Towards the end, they discussed the difficulty of creating a positive narrative around the industry.

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Bill, Jeremy, and Martin discussed the regulation of online gambling and sports betting, emphasizing the need for a balance between industry growth and job creation, and addressing concerns about dysfunction and stakeholder engagement. They also touched on the potential of technological innovation and the risk of entrenched market shares. The conversation concluded with a reminder about the importance of integrity, compliance, legality, and responsible gaming in the industry. The trio discussed the need to respect tribes and engage with them in negotiations. The issue of betting on college sports was raised, highlighting potential risks for players and the need for regulation. The discussion ended with a brief mention of the NCAA tournament and the importance of commercial operators’ support for legislation.

The panel concluded with thoughts on the future of online sports betting and iGaming services. The speakers emphasized the importance of agreements with individual states and the federal government to offer these services. The role of human interaction in understanding stakeholders’ interests and pain points was highlighted, and the potential for legalizing sports betting in California and other states was discussed, while acknowledging the problems with the black market. The need for a more efficient way to engage with tribes and the necessity of regulation were stressed as next steps to drive out the black market.

 

Coming up Next:

Watch the recording of the Gaming Americas Q1 Meetup on HIPTHER TV, and keep an eye out for our next Gaming Americas Quarterly Meetups for 2024!

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Cedar Rapids Mayor Tiffany O’Donnell

Cedar Crossing to Raise Bar for Entertainment in Iowa

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Peninsula Pacific Entertainment (P2E), a national gaming operator and developer, and the Linn County Gaming Association (LCGA), a local nonprofit association, announced their intent to jointly apply for a gaming license with the Iowa Racing and Gaming Commission (IRGC) after the state moratorium on new licenses expires on June 30, 2024.

“The time is now for Cedar Crossing. Linn County residents have overwhelmingly passed two gaming referendums and they have been patient. With the moratorium expiring soon, we look forward to bringing an unprecedented casino gaming and entertainment destination to Cedar Rapids,” said P2E Board Member Jonathan Swain.

If granted a license, Cedar Crossing plans to support local nonprofits with contributions of 8% of its annual gaming revenue – the highest in the state. While Iowa mandates that licensed casinos donate at least 3% to nonprofit organizations, Cedar Crossing aims to significantly exceed this requirement to make a meaningful impact in the community.

“People like to count us out, though we are part of a resilient community. Linn County has come back stronger than before – and we’re going to do it again with Cedar Crossing. A local casino will help our communities be even more vibrant: We estimate that Cedar Crossing will be able to commit $5 million to $7 million to nonprofits annually. This will be a major boost to local organizations, and just one of the many ways this project will make Linn County an even better place to live, work and visit,” said LCGA President Anne Parmley.

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In 2013 and 2021, Linn County residents passed public referendums authorizing gaming in the county. The 2021 vote, Public Measure G, permanently authorizes gaming in the county, enabling P2E to develop plans to bring an entertainment and gaming facility to the county. Residents will not have to vote for a third measure.

Cedar Crossing is proposed to be located along the west side of the Cedar River between Kingston Village and Time Check Park. The structure will provide important flood protection infrastructure along the west side of the river, helping to further revitalize the area.

“Our commitment to building a world-class destination has never wavered. We are in the final stages of finalizing our vision for Cedar Crossing and look forward to setting a new standard for gaming and entertainment in Iowa,” said Swain.

In addition to county residents, the project has long been supported by several local government officials and trade unions.

“From the resounding support of Linn County voters to recent legislative developments and today’s announcement, our commitment to the Linn County Gaming Association has remained steadfast. The development team continues to demonstrate their dedication to Cedar Rapids with a vision for a casino that highlights our community’s potential as a modern entertainment and gaming destination. I am confident their next proposal will bring significant benefits to Cedar Rapids and Linn County as a whole, offering unmatched opportunities for our residents and visitors while providing vital support for community organizations to advance and thrive,” said Cedar Rapids Mayor Tiffany O’Donnell.

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In addition to Mayor O’Donnell, Linn County Board of Supervisors Chair Kirsten Running-Marquardt supports Cedar Crossing.

“Linn County residents support casino gambling in Linn County. This investment in our community would increase opportunity for our local economy in several ways, including job creation, tourism and providing unmatched entertainment options. Like other Iowa counties, we are looking for a fair chance for the people of Linn County to receive these benefits for our community,” Running-Marquardt said.

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Compliance Updates

SolutionsHub supports Enjoy Gaming in successful Isle of Man Software Supplier Licence approval

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Innovative live casino studio Enjoy Gaming have successfully secured the prestigious Isle of Man Software Supplier Licence, marking a significant milestone in the company’s growth.

Enjoy Gaming utilised the expertise of renowned Island-based eGaming consultancy SolutionsHub, to assist with the application process, helping them secure their B2B licence.

Head of Operations at SolutionsHub, James O’Kelly said “we’re incredibly proud to have facilitated the successful licence application for Enjoy Gaming. They’re an innovative business providing an excellent product and have really exciting plans, so they were an ideal fit for SolutionsHub from the start. Now that they have their Isle of Man licence, we’re looking forward to seeing the business grow from here and to help them achieve success.”

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What makes Enjoy Gaming so innovative is the introduction of a fresh new live casino experience. Their first offering, Kyiv Pros Roulette uses RNG and pre-recorded video, providing simultaneous gameplay and live results for players. Unlike traditional live roulette tables, where players make quick decisions and then have a lengthy wait for the outcome, this approach offers the rhythm and speed of auto-roulette combined with the premium experience of professional live dealers.

Having professional live dealers in an elegant, stylish setting allows players to immerse themselves in an exclusive, luxury personal casino experience. Along with the faster pace of the game rounds, players remain engaged.

Recognising the importance of adopting an omni-channel approach, particularly for operators looking to engage players across a range of different markets, Enjoy Gaming have optimised their games so that they work seamlessly with all devices including desktop, mobile and tablet.

Enjoy Gaming’s story is unique, having faced significant upheaval in their homeland, they were forced to redirect their efforts. With their team of Ukrainian developers, designers, cinema crew and casino dealers, their pre-recorded online roulette was born. Having seen significant early growth already, the successful acquisition of an Isle of Man Software Supplier Licence is a landmark achievement for the rapidly growing studio.

Looking to the future, the company has big plans to both elevate their existing content as well as expanding their portfolio. Enjoy Gaming Director Steven Welsh said “we’ll be introducing additional features like multipliers to our existing games to enhance the experience for players. We’re also focused on developing a new Game Shows category to deliver even more entertainment and excitement, as well as true 24/7 live broadcasting to make content even more interactive.”

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The Isle of Man has seen a marked increase in software suppliers opting for the credibility that licensing in the offshore jurisdiction provides, with many of the industry’s leading names now making it a prerequisite to do business. Steven went on; “obtaining the recognition of an Isle of Man license gives us a platform to build from and will allow us to develop strategic partnerships and develop new business opportunities.”

As a leading authority in the licensing and maintenance of iGaming businesses in the Isle of Man, SolutionsHub have been instrumental in supporting operators and B2B with successful licence applications. Given the shift towards greater transparency and a commitment to maintaining the highest standards being seen across the industry, the future looks bright for the Isle of Man.

The post SolutionsHub supports Enjoy Gaming in successful Isle of Man Software Supplier Licence approval appeared first on European Gaming Industry News.

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Compliance Updates

Red Rake Gaming Obtains Provisional Online Casino Supplier License in Michigan

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Red Rake Gaming, a premium online casino content provider, has announced that it has obtained its provisional online casino supplier license in Michigan. This marks the company’s second license in the US, following the successful acquisition of its Pennsylvania license earlier this year.

The new license in Michigan represents a significant milestone for Red Rake Gaming as it continues to expand its footprint in the burgeoning US online gaming market.

Nick Barr, Managing Director for Red Rake Gaming Malta, said: “We are delighted to have obtained our second US license in Michigan, which is a key market in our strategic expansion plans. The response to our games in Pennsylvania has been overwhelmingly positive, and we look forward to bringing our engaging and feature-rich content to players in Michigan. Our team is committed to delivering a top-tier gaming experience that aligns with the expectations of the Michigan Gaming Control Board and the players.”

Red Rake Gaming is renowned for its wide array of high-quality games, including fan-favorites such as Million 7, The Asp of Cleopatra, and Secrets of the Temple. The company’s commitment to innovation, player engagement, and responsible gaming has earned it a stellar reputation in various regulated markets around the globe.

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The Michigan license will enable Red Rake Gaming to partner with state-licensed operators and offer its extensive gaming catalog to a new audience of players. This expansion is a testament to the company’s growth strategy and its dedication to complying with the highest standards of regulatory requirements.

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