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Georgia Gaming Congress 2017: Latest News and Updates

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Bitcoin erases geographical boundaries. Head of Bitcoin Embassy Georgia tells about cryptocurrencies in gambling

Bitcoin erases geographical boundaries, becoming more and more popular in online gambling. However, the absence of legislative digital currency definitions doesn’t influence user wallets security. We have discussed these aspects with Alex Sudadze, founder of Bitcoin Embassy Georgia and speaker of Georgia Gaming Congress.

Interviewer: Georgia Gaming Congress (GGC)

Speaker: Alex Sudadze (A.S.)

GGCAlex, what online gambling tasks does bitcoin solve? Who benefits from it?

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A.S.: Initially, I would like to mention the rapid growth of online wallets popularity. It is a fast and reliable money transferring tool even without geographical limitations. This service is used by both private individuals and small and medium organizations, which is quite convenient in terms of confidence and fee per transaction. It is not the first year that this type of replenishing accounts is applied in online casinos and betting pools.

And now imagine how interesting it is: you are offered to replenish your casino balance using international currency that is hundreds of times more expensive that fiat one (today 1 Bitcoin = around $900), doesn’t depend on inflation, and the main thing – it cannot be falsified. As the result, online casino receives money from its customers in a fast, reliable way without conversion (generally online, players from across the globe). And moreover, you are sure that the transferring process is conducted via the block-chain system (individual for each currency), where a remittee can transparently check their transactions.
Who benefits from bitcoin? Surely, both parties have advantageous – a consumer and inline casino, i.e. both a remitter and remittee.

The scheme is the following: customer (deposits) –> casino (quickly receives money on customer’s balance) –> customer (withdraws won money from casino balance).

Advantages are evident: bitcoin transactions are fast, reliable, anonymous and don’t’ require currency exchange.

alex sudadze

GGC:  Legislation’s of many countries don’t determine and regulate bitcoin. Does it mean that in case of online casino fraud, gamblers can lose their bitcoins and no one will protect their rights?

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A.S.: Unfortunately, many countries still don’t have any law definitions regarding this aspect, and some others are just developing bills. However, this fact does not influence wallet security. Such a gap can have a negative impact on taxation, and Departments of Revenue Services in the majority of countries have been already working on this issue.

As to the damage for players: even if a casino finds out their Bitcoin account number, it won’t be able to control the account without a complex password and special authentication (global blockchain protection). And if swindlers hack the database of casino data center (which can really happen even without cryptocurrencies), they will be able to stole only the sum controlled by the central casino administration system. If the administrator distributes all cryptocurrency sums across their Bitcoin addresses wisely, swindlers will have a bare chance to operate only in-game casino currency, the so-called chips, which are valuable within the gambling venue system.

GGC: How is the online casino audience expanded, if the venue implements bitcoin?

A.S.: As I said, the application of cryptocurrencies (generally: Bitcoin, Ethereum, Dash, Litecoin, Zcash) erases geographical boundaries, providing the company with unlimited opportunities. One should properly establish goals for a marketing department and include imagination at the brand new level. Attraction of new international customers and informing of regular ones about new types of mutual payments are perfect factors for the large growth of volumes.

GGC:  Please tell whom online gambling accepting BTC is designed for?

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A.S.: Initially, it is designed for technically advanced gamblers. However, the Bitcoin exchange system has become so user-friendly that more and more people are getting familiar with cryptocurrency wallets. I can assure you that it is as easy as creating Google accounts and writing emails. Recent years’ trend shows the growth of online casinos and international betting pools accepting cryptocurrencies, especially Bitcoin. The main problem over recent years has been world’s high volatility of the bitcoin price; however, a short-term keeping of this currency does not influence winnings too much. The price of 1 BTC towards other cryptocurrencies is constantly growing and a lot of financial experts give quite optimistic estimations for the end of 2017. The same situation happened in 2015-2016 and all predictions came true.

GGC:  What are going to tell about at Georgia Gaming Congress?  

A.S.: With your permission, I won’t lay all cards on the table, but I can tell that my presentation will reveal very interesting facts: both successful and negative ones. We will discuss a security system in terms of unfair consumers and protection ways. Beginning specialists will obtain fundamental knowledge and find out self-development ways in this sector. We will show on practice how one can switch to or add the cryptocurrency system in a day. The presentation will end with the one million quiz: those answering to the greatest number of questions will get one million in cryptocurrency!

You can learn more about bitcoin prospects in gambling and ask questions to Alex Sudadze at Georgia Gaming Congress on March 1.

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Ftoros has joined the ranks of Georgia Gaming Congress  

 

All most popular and newest products from the famous gambling software developer will be available in the demo zone of Georgia Gaming Congress.

Ftoros has established itself in the international market as a reliable provider of advanced, high-quality and safe games and platforms for landbased and online casinos.

Ftoros

Company’s portfolio includes such popular products as Infinity, Robot gaming systems and a variety of video slots. Three new games have been launched recently: “The Georgian Cocktail”, “The Cradle of Georgian Wine”, and “My Wife’s Friends”. The latter is based on the popular TV series. Besides that, the advanced version of “The Argo” has been released, featuring games about the main heroes of Greek myths hunting for the Golden Fleece.

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All information about Ftoros’ developments will be available at the company’s booth in the demo zone of Georgia Gaming Congress in Tbilisi on March 1.

Tickets for the event can be bought here.

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Marketing and PR Director at Storm International Lavrentiy Gubin will moderate the conference within Georgia Gaming Congress

On March 1, notable representatives of gambling industry and authoritative experts will gather together at Georgia Gaming Congress in Tbilisi. They will touch the most vital industry development issues.

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Marketing and Public Relations Director of the international casino operator Storm International, Lavrentiy Gubin, will introduce speakers to the audience, ask interesting questions and animate the dialogue between listeners and speakers.

Lavrentiy Gubin

Future moderator of the conference knows all the subtleties of gambling business. Started his career in Storm International in 2004 as a PR manager, when the company was actively developing in the Russian market. After a new gaming law adoption, which in fact closed the industry, was working for the top-three Russian retail company DIXY Group in a position of Media Relations Director. Returned to Storm in 2013 and was responsible for media relations, new media campaigns and PR activities of the company and its brands, as well as for marketing department of Shangri La Tbilisi casino. In February 2017 headed central marketing and PR department of Storm International.

Georgia Gaming Congress will take place in Tbilisi on March 1. Its key event will be the conference with presentations from leading gambling specialists. You will find the program of the event here.

Follow this link to buy the tickets.

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Andrew Cardno

QCI’s Andrew Cardno to Speak at the Casino Marketing & Technology Conference

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Andrew Cardno, the Chief Technology Officer of Quick Custom Intelligence, will be a featured speaker at the Casino Marketing & Technology Conference, taking place at the Grand Sierra Resort & Casino in Reno, Nevada. On July 17, 2024, Cardno will present an engaging session focused on strategies for casino marketing during these unpredictable times.

In his session titled “Effective Marketing Strategies for Casino Operators in a Volatile Economic Landscape,” Cardno will delve into innovative marketing tactics that can help casino operators navigate and thrive amid economic uncertainty. Drawing inspiration from Nassim Taleb’s groundbreaking work “The Black Swan,” Cardno will explore how leveraging unpredictability can become a powerful tool for casino marketers.

Attendees will gain insights into long algorithmic gaming tactics and how to adapt to the evolving convergence of entertainment and gambling. Cardno’s approach emphasizes agility and responsiveness, enabling marketers to stay ahead of sudden market changes and maintain sustained engagement and profitability.

“In these unpredictable times, it’s crucial for casino operators to embrace volatility and turn it into an advantage. By leveraging advanced marketing strategies and long algorithmic gaming tactics, we can create a more resilient and adaptive approach to casino marketing. This session will provide actionable insights to help marketers navigate the challenges and opportunities that lie ahead,” Andrew Cardno, CTO of Quick Custom Intelligence, said.

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“We are thrilled to have Andrew Cardno speak at this year’s conference. His expertise in data-driven marketing strategies and his ability to draw on concepts from thought leaders like Nassim Taleb will provide invaluable perspectives for our attendees. This session promises to equip casino operators with the tools they need to thrive in today’s dynamic economic landscape,” Deana Scott, CEO of Raving, said.

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EGT’s booth will be once again a focal point of Peru Gaming Show 2024

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On June 12 and 13, Peru Gaming Show will once again gather operators, players and gaming industry experts. EGT promises to stay true to the tradition and show them a special selection of its top-performing products, which will be available at booth 52.

The Bulgarian manufacturer will demonstrate its successful series of slot cabinets General. On display will be the models G 50 J1 St, G 50 J2 St, G 50 C St, G 50 V St, G 27-27 St and G 27-32 St. Powered by the latest Exciter IV platform, they will stand out with the perfect combination of contemporary eye-catching design and great comfort achieved thanks to their numerous ergonomic features. The G 32-32 St VIP will go even further in providing the best gaming experience by offering a comfortable multimedia chair, that allows full control over the volume and the main functions of the game.

The cabinets will present the astonishing world of the multigames of General Series, which are popular in many countries around the world, including the LatAm region, because of their attractive themes, beautiful graphics and high chances of winning.

The guests will also be able to learn more about the wide range of iGaming solutions of EGT Digital, covering instant and casino games, as well as the in-house developed “all-in-one” betting platform X-Nave, which gives to operators everything they need to build and maintain а successful online business.

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Peru Gaming Show is an event of great importance for the local market and I am glad that we will have the opportunity to take part in it this year again,” said Mario Trayanski, Director of EGT Peru. “We can’t wait to meet with our current partners and potential new customers to show them how they can have even better results with our high potential products.”

 

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PRAGMATIC PLAY PREPARES FOR PGS 2024 APPEARANCE IN LIMA

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Pragmatic Play, a leading content supplier to the iGaming industry, is set to make an appearance at PGS Peru 2024 next month, seeing the provider grow its presence further across Latin America.

Taking place across two days from June 12th-13th, the event sees iGaming professionals gather at the Centro de Exposiciones Jockey in the country’s capital, Lima, for the 22nd edition of the exhibition which will play host to two days of exciting panels, open forums and networking.

The Peru Gaming Show has become one of the most anticipated trade shows in Latin America in recent years, with the 2024 conference forced to expand due to the demand from exhibitors who are in search of growth in the region.

As a sponsor of the event, Pragmatic Play will be highlighting the importance of industry exhibitions and the vital role it plays in them, while showcasing its diverse portfolio on stand 59.

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PGS marks the fifth summit attended by Pragmatic Play in Latin America this year, with “Pragmatic Play Experience”, as the provider continues to make inroads across the continent and impress industry representatives.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is proud to be a sponsor of PGS 2024 and to play a part in shaping the future of the Latin American iGaming market.

“With the comprehensive multi-product offering already resonating well with players and operators in the region, Pragmatic Play is poised to capitalise on the wealth of opportunities PGS 2024 has to offer.”

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