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.)
GGC: Alex, what online gambling tasks does bitcoin solve? Who benefits from it?
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.
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?
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?
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.
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.
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.
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.
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.
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.
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.
Assaf Stieglitz (Founder and owner of odds1x2.com) to share his wisdom about sports betting in 2018
7 August 2017, Budapest: The organizers of CEEGC2017 are honored to announce Assaf Stieglitz (Founder and owner of odds1x2.com) as keynote speakers at the second edition of the Central and Eastern European Gaming Conference. An event which is going to take place between 19-20 September at the Kempinski Corvinus Budapest.
Focusing on the online gambling affiliate industry in sports, casino, bingo and poker we can see that there is a similarity. Meaning that it has the same ultimate objectives which are applied across all of the products. With this said, there are different challenges that sports affiliates can face compared with gaming affiliates.
Seasonality plays an important role with sports-focused affiliates as the demand for content relating to a particular sport or event can affect the influx of new customers, depending on their sports preference and the updates they are providing to their users during these times. This applies to both affiliates and operators.
Being focused on the a sports niche you are basically set to a yearly calendar which shapes your work as a sports betting affiliate or sports betting operator during the year, and you are working to more rigid dates.
With 2 main event coming up in 2018 (Winter Olympics and the FIFA World Cup), affiliates are gearing up and starting to set up incentives to bring players towards their promoted operators.
The “Preparing for the World Cup and Winter Olympics 2018 (affiliates and operators)” panel is scheduled to be held between 15:30 – 16:30 (Budapest Local Time) on the 19th of September (Day 1) during the second edition of the Central and Eastern European Gaming Conference Budapest. (you can view the full agenda here).
“Sports betting affiliates, Getting ready for the FIFA World Cup” is the title of Assaf Stieglitz’s presentation and the topic is awaited by numerous operators that have shown their interest to attending the event.
Founder and owner of odds1x2.com, a Sports Betting Odds Comparison company which operates in partnership with many betting sites through affiliation.
Assaf’s company also provides bespoke B2B services to other companies in the market.
As a Software Engineer with a deep knowledge of sports betting, Assaf started to build the core technology of the business way back in 2003 and in 2004 he launched his first affiliation site.
Since than the company has expanded and penetrated new markets – such as horse racing – while establishing a few dedicated sites for these markets.
As a veteran in the industry, Assaf has extensive knowledge and experience in the sports betting business both as an affiliate and as a service provider to other related companies.
How to secure your seat?
Early Bird Rate is set for 299 EUR an can be booked with the 50% discount until September the 3rd, 2017. Limited seating! (Online payment, Bitcoin or Bank Wire Available)
Register here: https://ceegc.eu/registration/
Watch this space for more interesting updates about #CEEGC2017Budapest…
The post Assaf Stieglitz (Founder and owner of odds1x2.com) to share his wisdom about sports betting in 2018 appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Two major announcements from BEGE Expo and EEGS: Mark your calendars
The Balkan Entertainment & Gaming Expo (BEGE Expo) and the Eastern European Gaming Summit (EEGS) celebrate their 10th anniversary this year. Due to the big interest for both events the organizers made two major announcements – BEGE will outspread in one more hall and EEGS will start one day earlier than the announced date.
Over 50 leading companies from the industry have already confirmed their presence for BEGE Expo 2017. Well-known leading manufacturers, amongst them being Novomatic, Casino Technology, EGT, Suzohapp, BetConstruct, Interblock, Merkur Gaming, APEX, Alfastreet Trade, Nsoft, JPL and CPI, as well as new participants, such as the leading sports betting company Bet3000 (IBA-Entertainment Ltd.), EXEFEED, Quixant, Zitro, Change Italia s.r.l., Gamebridge Casino Equipment, JCM Europe GmbH, nano Vo sp. Z o.o., Berkotech Kft. and others will exhibit their latest solutions at this year’s BEGE. The great interest for the event forced the opening of new hall, thus making the 10th edition of BEGE Expo the biggest so far.
The registration is already open so you wouldn’t want to miss the chance to register.
Another newness that BEGE Expo 2017 will present is the special Affiliate zone. Following the expansion of the online business in the region, this year the exhibiton will create space for online operators and affiliates from the region to interact and create business partnerships. Affiliate program providers will be able to book their own space in the zone and all affiliates will be admitted for free.
EEGS also promises to reach new heights this year. Reschedule your calendars, because EEGS 2017 will start on 20th of November – one day earlier than intended. This year’s EEGS will continue to follow its main aim – to present the most recent updates from the region, including the countries Serbia, Romania, Greece, Bulgaria, Albania, Slovenia, Montenegro, F.Y.R of Macedonia, the Czech Republic, Slovakia, Poland, Turkey and Croatia.
Separate sessions will be dedicated to Sport Challenges, Impact on gaming operators by Anti-Money Laundering Act, GDPR and online gaming. Day 3 will be focused on Tourism & Gaming, Responsible Gaming Academy and marketing topics.
BEGE Expo and EEGS have gradually established as a center for the gaming and entertainment industry in Eastern Europe and for 10th year in a row will be the place where professionals from the field come in order to expand their business, exchange knowledge and promote new products. For any updates you may follow the official websites of the events: eegamingsummit.com and balkangamingexpo.com
The post Two major announcements from BEGE Expo and EEGS: Mark your calendars appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Moscow Affiliate Conference & Party 2017
Russia is well known for its amazing urban neighborhoods, it’s art and historical significance, late-night parties, and now we can add a world-class affiliate marketing conferences to that list!
Affiliates from around the globe among the Russian affiliates discovered the exclusive insights, superior networking opportunities and awesome parties and meetups.
Some general facts about Moscow Affiliate Conference & Party 2017:
– more than 1000 attendees
– more than 180 exhibitors
– 1200 affiliates came to the hottest after party
– 300+ photos
Here are the 5 reasons why this event is one of the best affiliate conference in the world:
– It’s totally new experience of communication with Russian and CIS affiliates
– You have the chance to acquire new offers and find unique traffic sources that don’t appear at other events.
– The friendly atmosphere will inspire you to grow as a professional
– Advice is easy to find. Get help on your campaign or find tricks to take your success to another level.
– This conference offers an amazing opportunity to meeting people face to face, shaking their hands, and really getting to know the like-minded professionals
Find out below what the affiliates say about MAC&Party 2017:
1. “Moscow Affiliate Conference 2017 was a BLAST! Being a first-time event, we didn’t know what to expect and were amazed by this event’s international capacity, organization & presence. Led by Leadbit & STM, Moscow Affiliate Conference exposed the huge potential of Affiliate Marketing in Russia. No doubt, the beginning of a trend that will continue to grow. Kudos to Leadbit for this high standard experience. Special thanks to Pavel and Olga for all your help and support. Everything was perfect! See you at Moscow Affiliate Conference 2018!” AffiliaXe Team
2. “We had a great time at the Moscow Affiliate Conference by Leadbit & STM and at the Afterparty. Thank you all, an extra big thanks tot the organizers! So great to see old friends and meet new ones!” BitterStrawberry Team
Perform Group rebrands as DAZN Group
ATG partners with USA’s biggest TV network for horse racing
MansionBet is the headline partner of Ultimate Boxxer II
Vegas Golden Knights signs deal with William Hill
Russia arrests over 100 people for running illegal casinos
WagerTalk Appoints Kelly Stewart as Director of Media Relations
DraftKings to Celebrate Recent Sportsbook Launch and Start of NFL Season with Kickoff Bash
Gaming Isn’t Just for Kids: What Teachers Need to Know About Esports
Newzoo pins hopes on esports for revenue boost in video games
Novomatic registeres record sales despite regulatory pressure
News6 months ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
News5 months ago
Danish Gambling Market update with Birgitte Sand (Director of the Danish Gambling Authority) at Mare Balticum Gaming Summit 2018
News7 months ago
MGM Resorts unveils its new casino – MGM Cotai
Events1 year ago
Announcing Thomas Willomitzer (Founder and CEO at Snapscreen.com, Co-founder of Last.fm) as keynote speaker
Affiliate Success2 years ago
Exclusive Interview with Christoph C. Cemper Founder & CEO of LinkResearchTools and Link Detox
Affiliate Success2 years ago
Affiliate Interviews: Lena of CasinoHawks.com
News7 months ago
Stars Group Inc. has grown in leap and bounds – acquiring 62% equity interest in CrownBet
News7 months ago
Armed Norwegian Police Raids Five Poker Rooms In Oslo