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All India Gaming Federation and Betradar affiliates to propel the Indian gaming market

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The All India Gaming Federation (AIGF) affiliates with Betradar, the world’s leading supplier and provider of sports betting data services in an effort to explore opportunities for sports betting and gaming in the Asian country.

The deal settles, AIGF  working hand in hand with Betradar, to propel enhanced awareness and understanding of gambling activities, as well as explore platforms, channels and initiatives ideal for the Indian market to thrive.

The AIGF focuses on assembling a group of responsible stakeholders to help the country move towards a more open and transparent betting and gaming market.

The AIGF Chief Executive, Roland Landers said:  “The sports betting world is a patchwork of unique frameworks set ups, priorities and conditions. Our objectives require us to pool information and perspectives from all of these, especially those from the developed markets, in order to help us set out the strongest and safest proposition for the Indian market.”

“Betradar works with 600 sports betting operators around the world, as well as various national regulators and law enforcement agencies; they are uniquely placed to give us a broad, deep and clear view on global sports betting and help us achieve our objectives.”

Lorenzo Caci, the Director Business Development and strategic partnerships for Betradar, added: “India has the potential to be a truly exciting market, with so many hugely passionate sports fans. The AIGF’s faith in our experience, our perspective and our commitment to helping India do it right is much appreciated and we look forward to working together over the coming months and years.”


Source: European Gaming Media and Events

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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The EGT Global Jackpot’s integration with Winbet and Club King has achieved success through offering entertainment and winnings for both operators and players.

The operators’ success and players’ entertainment are always the core objectives of EGT sales, development and production teams. When innovation joins these approaches, EGT solutions are the reliable choices for winning businesses.

EGT supports the operators to make proposals to its customers they couldn’t refuse, with the integration of the EGT Global Jackpot into their gaming halls. Global Jackpot is developed to connect all slot machines and any type of roulette from all locations of operators across the country. Thus, the total bet generates the possibility of higher winnings compared to those offered by the local jackpots.

At Winbet, the Global Jackpot has been functional since March this year and has brought multiple winnings to the luckiest players. Recently, Club King has also integrated the Global Jackpot in favour of top entertainment and winnings for both operators and players.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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New York State Lottery Reports Record Revenues for the 2018 Fiscal YearReading Time: 1 minute

 

The New York Lottery has recorded $8.2 billion in sales for the state fiscal year that ended in March 31, 2019. That includes sales from Powerball, Jackpot, Mega Millions, Scratch Off, Quick Draw and other games, plus revenues generated by the state’s licensed video lottery locations.

The video lottery net win for the 2018-2019 fiscal year was $2.08 billion, third largest in the world behind two Italian lottery operators. The combined sales and net win earnings for the last fiscal year are a new record for the New York Lottery. The New York Lottery generated $3.47 billion in aid designated to support the state’s schools.

The lottery revenues are distributed to school districts according to the same formula used for state aid. A larger, poorer district will receive a higher percentage than a smaller, more affluent one. Lottery contributions account for 13% of all state aid to education for 2018-2019.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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Spillemyndigheden Introduces Whistleblower Scheme

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Spillemyndigheden Introduces Whistleblower SchemeReading Time: 1 minute

 

Spillemyndigheden, the Danish industry regulator, has launched a new whistleblower scheme for the employees of gambling operators who wish to report evidence of money laundering.

Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form which will then trigger a legal investigation. All submissions will be encrypted to ensure that submissions are secure.

In April, Spillemyndigheden has blocked access to 25 gambling websites after petitioning the country’s telecommunications providers. Danish internet providers have now been obliged to block access to ten igaming sites, in addition to 15 skin betting websites.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spillemyndigheden Introduces Whistleblower Scheme

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