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Evolution Technology Resources Inc. signs deal with 1ClickGames and increases user base tenfold to 275,000

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Evolution Technology Resources Inc. (ETKR) signs deal with 1ClickGames

MARKHAM, Ontario, Feb. 12, 2018 – via OTC PR WIRE – Evolution Technology Resources Inc. (ETKR.OTC) has signed an agreement with Highweb Trade Ltd, a Malta based online casino service provider better known for their B2B igaming tradename 1ClickGames. The agreement will deliver exclusivity, game development, infrastructure management, white-labeling, support and maintenance services in the area of information technologies for ETKR’s online gambling site VIPSpel Casino as well as future platforms.

The agreement between Evolution Technology and 1ClickGames is developing new online casino sites and adding new innovative incentives to make these sites operational and revenue producing and has provided Evolution Technology with the exclusive first right to acquire each of the new online operational casino sites that 1ClickGames develops. The agreement also covers the acquisition of existing sites which will increase the current user base to 275,000 from 27,000. When Evolution Technology first acquired VipSpel, the user base was 6,000 and grew to 27,000 users under the fourth quarter plan 2017.

The fourth quarter plan that the Company announced in October last year was successful. It focused on (a) building a core management team for the gambling & gaming sector portfolio (b) drive user growth (c) acquire a sportsbook (d) expanding core competencies.

With this agreement Evolution Technology and 1ClickGames are a supplier of premium white-label solutions for both iGaming startups as well as existing operators worldwide. 1Click Games focuses on fast integration and ensuring rapid and cost-effective time to market for all clients. Operators are provided a complete gaming site with a full suite of top iGaming products including casino, sportsbook, mobile casino and live casino, all deployed under a unified management platform, as well as services like sublicensing, branding and content management.

One of the major Product development milestones for 1ClickGames in 2018 is the addition of Blockchain technology to its already fully GLI19 certified platform.

The partnership with Highweb Trade Ltd, adds to Evolution Technology’s growth strategy characterized by enhancing its current solutions as well as developing and introducing new products and services that keep pace with the developments in the online gambling industry.

 

About Evolution Technologies Resources, Inc.
Evolution Technology Resources is a business development company that is focused on acquiring intellectual property and assets for cloud computing, high tech and online gambling industries.

EvoTech is a rapidly growing gambling solutions and entertainment provider. The company will provide three revenue models; cutting-edge Cloud based Services, white label solutions for affiliates and B2C gambling services offering games from the best-of-breed suppliers across the online sports betting and casino industry. Online gambling is a maturing market, meaning there is already a wide base of users familiar with gaming products as well as supporting services such as online credit card payments and other means of electronic payments. ETKR aims to capture a significant size of that existing and growing market through high quality products and safe and secure infrastructure.

Investor Relations
Tom Lam
+1 855-782-3706
ir@evotechonline.com

For more information visit: www.evotechonline.com


Source: European Gaming Media and Events

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Russian Online Casinos Supply the Donbass Separatists

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Russian Online Casinos Supply the Donbass SeparatistsReading Time: 1 minute

Pro-Russian separatist groups of the Donbass War (Eastern Ukraine) receive material funds from illegal gambling business, states a recent article published in the Russian Sobesednik magazine. According to article, part of the illegal profits of the online casinos is used to finance the ongoing conflict in Ukraine.

As reported by GC Alor analysts, the black turnover of these Russian online casinos is around 200 billion RUR (2,725,065,200.00 Euro). The Majority of these online casinos are registered in foreign administrations, like Azino777 being registered in Curacao.

As experts say, many online casinos are physically based in Ukraine, where the legislation is slightly more loyal than Russian. It is allowed, for example, to develop gaming software for third-party customers. Lucky Labs company, which is linked to the online casino “Vulcan”, operates in Ukraine as software developer.

According to the Security Service of Ukraine, which conducted searches at the office of the company lately, Lacky Labs also controls the websites of CasinoX and Joycasino. The company’s office is big. It is a 4-storey building designed for 150 people. There is also a basement area where there is a kitchen and a dining room, a gym.

Lucky Labs was founded by two Russians. Because of the sanctions imposed by the President of Ukraine Petro Poroshenko, now they are not allowed to enter the country. However, Lucky Labs continues to exist. Now the company is registered by an Ukrainian citizen.

If some of the profits of illegal online casino go to pro-Russian patriotic purposes, it becomes clear why Roskomnadzor does not block their Internet addresses. The correspondent of “Sobesednik” managed to access the mentioned online casinos without any obstacles, using no VPN or “mirrors”.

 

Source: sobesednik.ru


Source: European Gaming Media and Events

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Play’n GO ‘Slots’ Into 1st Place!

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Play'n GO 'Slots' Into 1st Place!Reading Time: 2 minutes

Company celebrates EGR victory with Slot Provider of the Year Award

 

June 22, 2018 – Play’n GO were honoured at the EGR B2B Awards on Wednesday (20thJune) as they took home the highly coveted Slot Provider of the Year Award, beating out some strong competition.

The awards, held in London’s prestigious Hurlingham Club, “celebrates and rewards the very best service suppliers in the online gaming industry” and Play’n GO were honoured to have been nominated in numerous categories including Innovation in Mobile and Best Multi-Channel Supplier.

Play’n GO were recognised for their remarkable offerings in the slot market over the past year including innovative games such as Viking Runecraft, Sweet Alchemy and Moon Princessas well as many other popular titles.

CEO Johan Törnqvist was delighted to pick up the win, and believes it is a reflection of the company’s hard work.

“It’s an honour to pick up such a sought-after award, especially with the level of competition in the category. As a company we work hard to put out the finest, most entertaining, offering to our partners in the market, and winning this award is a testament to that. We have consistently been recognised in the industry for the innovative products we release and it’s our job not to rest on our laurels, but to continue innovating”

 

About Play’n GO

Play’n GO is an award-winning supplier of high quality gaming content to many of the world’s leading casino brands.  Its genuine omni-channel solution can be tailored to suit the needs of individual online and land-based partners, regardless of geographical, regulatory, or market-specific requirements. Its games are developed in HTML5 to provide an enhanced user experience on all devices and operating systems. These are complemented by superior back-office administration tools which provide expansive reporting and marketing capabilities, ensuring operators are equipped to provide the ultimate gaming experience. The supplier’s extensive portfolio was recently recognised by the award of the IGA Slot Provider of the Year 2017 title. Play’n GO currently hold offices in Sweden, Malta, Hungary, and the UK. Please visit http://www.playngo.com for more details.


Source: European Gaming Media and Events

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Poland: Accepted Changes In Taxes, Including Gambling

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Poland: Accepted Changes In Taxes, Including GamblingReading Time: 1 minute

Poland’s lower house (Sejm) has voted down five Senate amendments to a comprehensive amendment to several tax bills, including gambling.

The adopted amendments may be applied retroactively, which is to the income earned from January 1 2018.
Gamblers will be treated in a uniform manner after the changes.

Adopted by the Sejm on May 10th of this year extensive amendment to the Personal Income Tax Act (PIT), the Corporate Income Tax Act (CIT) and the Act on flat-rate income tax on certain revenues earned by natural persons; that all winnings on machines will be exempt from PIT, the tax relief for creators will be extended to the next creative professions, the real estate income tax will be larger. This applies to provisions adopted last autumn and effective from January 1st 2018.

Unlike the regulations adopted in autumn, the amendment assumes for example, that participants of legal gambling will be treated in a uniform manner. Regardless of whether the games are organized by casino operators or a company performing a state monopoly in this area, which would be Totalizator Sportowy. In line with the provisions changed by the Sejm and approved by the Senate on Thursday, winnings in slot machine games, card games, dice games and cylindrical games – regardless of which legally operating entities organize them – will be exempt from personal income tax.

In the remaining scope, the rules of taxing winnings (in numerical games, cash lotteries, mutual bets, etc.) are to remain unchanged in relation to the provisions currently in force. Pursuant to the amendment of October 27th 2017, winnings in gambling are subject to a l0% PIT tax on winning if their one-time value of winning exceeds PLN 2,280 (528 Euro).


Source: European Gaming Media and Events

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