gaming
Industry angels back Network Gaming’s new ways to bet with £1.25m investment; judging betting landscape to be “ripe for change”
Progressive betting company Network Gaming attracts core investment from industry angels to power the next phase of its international growth and product development
Network Gaming, a betting technology company innovating the next generation of sports prediction games, has raised £1.25m in strategic funding. Investors include industry icon and Betfair co-founder, Andrew Black, who commented: “I’ve felt for a while now that the betting landscape is ripe for change, and I’m delighted to be working with Network Gaming on a few fresh ideas.”
Black has been joined in this investment round by a host of other industry luminaries. Consequently, Network Gaming now boasts an influential consortium of investors including Robert Markwick (angel investor), David O’Reilly (CEO at Colossus Bets), Einar Knobel (CEO at TX Odds), Gary Otto (LA-based angel investor and owner of Sutton United FC) and Sandford Loudon (Partner at Oakvale Capital).
The company made its name with the success of its first pay-to-play game, the Fantasy Masters golf. The game pitted friends and colleagues against one another and culminated in a dynamic live leaderboard for large cash prizes. Accordingly, this next breed of Network Gaming products takes what was learned from this formative success – namely, putting the customer experience at the centre of both game design and build.
Be it free-to-play or pay-to-play sports prediction games, Network Gaming takes a highly collaborative approach with its partners – designing bespoke, socially responsible games that target their specific needs and audiences. Every game creates an enhanced in-play social experience, complementing the sport that players are watching live.
Network Gaming’s ongoing partnerships comprise operator Fitzdares, The Sun’s fantasy football offering of Dream Team, and talkSPORT whose popular sports news and analysis shows drive audience engagement across a number of live-broadcast platforms. While its product suite showcases games for football, horse racing and golf, this investment round will drive global growth and deliver more proprietary games across NFL, NBA, MLB, and the 2022 FIFA World Cup.
If you want to see what it’s all about, entries are now open for the Fantasy Masters game which returns for this year’s Augusta showpiece from 7-10 April, with record levels of engagement anticipated via partners Fitzdares and talkSPORT. The player who finishes at the top of the leaderboard has walked away with more than £50,000 in recent years.
Harry Collins, CEO at Network Gaming, said: “We give customers the experience of a game, not just a bet. Moving up or down a leaderboard right until the final seconds of an event offers a different type of excitement to betting, one where enjoyment comes from competing against friends or other sports fans in a rollercoaster ride.
“We’re delighted to have an industry trailblazer like Andrew advising us on fresh ideas and to have the support of other experienced innovators for this step-change in Network Gaming’s evolution.”
FreezeNova
10-15% Of Gamers In Florida Show Signs Of Gaming Addiction: Here Are 10 Signs Your Kid Is Suffering From It (And How You Can Help)
Recent studies indicate that 10-15% of young gamers in Florida exhibit signs of gaming addiction. These findings underscore the need for early identification of symptoms to prevent negative impacts on children’s mental and physical health. Gaming addiction, if not dealt with, can lead to poor academic performance, social withdrawal, and even health problems.
Marin Cristian-Ovidiu, CEO of FreezeNova, discusses key indicators of gaming addiction and offers practical advice for parents.
Recognizing Early Signs
“Early recognition of gaming addiction is crucial in preventing long-term negative outcomes,” Marin explains. The following signs can help parents identify if their child might be developing an addiction:
Exhaustion and Irritability
Constant tiredness and grumpiness during the day could indicate late-night gaming sessions interfering with sleep.
Gaming Obsession
If gaming dominates your child’s thoughts and conversations, and they plan their day around it while neglecting other responsibilities, it could be a sign of addiction.
Decline in Academic Performance and Lost Interests
A noticeable decline in academic performance or loss of interest in previously enjoyed activities may suggest your child is prioritizing gaming over more important tasks.
Emotional Volatility
Extreme emotional reactions to in-game outcomes, such as uncontrolled anger, known as ‘Gamer Rage’, or intense celebrations, could indicate an unhealthy attachment to gaming.
Physical Strain
Signs of repetitive strain injuries like ‘Gamer’s Thumb’ or ‘Nintendo Neck’ from prolonged screen time are warning signals.
Neglecting Basic Needs
If your child is neglecting basic needs like eating, sleeping, or hygiene to keep playing, gaming has likely taken an unhealthy control over their life.
Creating a Supportive Environment
While video games can be a great source of entertainment and connection, around 70% of people with signs of gaming addiction also experience social disorders. Marin recommends a few tips for building a supportive and open environment for your child.
Teamwork and Setting Boundaries
“Parents and children should work together to create a healthy gaming environment. Gaming addiction requires a holistic approach,” Marin advises. Start by setting clear boundaries on gaming time to ensure there’s room for schoolwork, chores, and quality family time.
Revisit activities your child once loved, like football practice or exploring new hobbies together. It’s vital for your child to take breaks from screens, so create a balanced daily routine that includes homework, chores, exercise and just some gaming time. This allows your child to enjoy their games without neglecting other aspects of their life.
Open Communication
Maintain open communication. Discuss the games your child enjoys and any concerns you might have. By understanding their world, you can work together to find solutions.
Remember, you’re not alone. If you feel overwhelmed, seek professional help from specialists in gaming addiction. Marin concludes, “By working as a team, setting clear boundaries, and fostering open communication, we can help your child develop a healthy relationship with gaming and thrive in all areas of life.”
Compliance Updates
SYNOT Games Officially Certifies Over 140 Games in Brazil
SYNOT Games has announced that more than 140 of its games have now been officially certified in Brazil.
“We are delighted to announce that more than 140 of our games have now been officially certified in Brazil. This significant achievement allows us to expand our reach and introduce a diverse selection of games to this dynamic market. Brazil represents a key opportunity for growth, and we are committed to delivering exceptional gaming experiences to the Brazilian audience,” the Company said.
“We are thrilled to introduce our portfolio in Brazil, offering innovative and engaging gameplay that promises to captivate and entertain players,” Martina Krajci, CCO at SYNOT Games, said.
gaming
SPGA Introduces Code of Conduct to Highlight Member Commitment to Compliance and Safety in Social and Promotional Gaming
The Code of Conduct is designed to spotlight the processes and technologies already in place at both SPGA member sites and the majority of social casinos offering promotional sweepstakes, also referred to as social sweeps games.
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Age verification to limit real money play to users 18 and older
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Proper identity verification (Know Your Customer or KYC)
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Location verification of customers
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AML policies to ensure proper transaction monitoring
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