iGaming Industry
CASEXE research: Nearly all online gaming business operators have difficulties in handling fraud
The CASEXE research department has conducted a survey among existing Internet casino operators on the topical issues of online gaming business. In total, 50 gambling companies, operating in the CIS and European countries, have participated in the research. The survey has been running during June-July 2017.
Fraud
An overwhelming majority of 94% of respondents have reported on regular problems with a sphere of fraud. Most of the online gaming business owners are concerned about the number of bonus hunter. This type of fraudulent activity was indicated by 85% of the operators.
There is not less than a critical situation with a multi-accounting. According to the study, this is considered as a running second issue reported by 75% of respondents. 31% of participants have indicated financial fraud troubles, while the other type of cheating has taken more than a third – 31%.
Payment Systems
Based on survey, 82% of online gaming business proprietors are dissatisfied with payment systems integrated into their online casino projects. Mainly, the problems of regional restricted acceptance of payments are highlighted by 72% of surveyed. Next issue is about payment delays and financial gambling operations faced by half of the operators (55%).
Over a third (34%) respondents have disclosed that online payment systems offer excessively high banking fees which are unreasonable for gambling business. 19% of the operators reported on payment software failures or delays in regular manner.
Content
The frustration with gaming content was expressed by 45% of the respondents. The online casino vendors are complaining of the following subjects:
65% of them have noted a very frequent winning chains in online slots
29% – have reported technical content problems
44% – are unhappy with the suggested commercial terms of cooperation.
The study has also found out that a quarter of the online gaming business owners are not satisfied with the affiliates. 19% of respondents have noted similar problems with platform providers for online casinos.
Summary
The data obtained by CASEXE is another reaffirmation of the need to optimize operation for Internet gaming operators. We are focusing on those aspects that are considered as concurrent key issues for online casino owners.
CASEXE – we’re improving for your success!…
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Source: EEGaming.
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
SoftGamings, the market leader in iGaming solutions and services, announced the arrival of the Tobique Gaming License on the market. The move reflects the company’s commitment to enhancing regulatory compliance and expanding its footprint in the competitive iGaming industry.
Tobique Gaming, managed by the Tobique First Nation in western New Brunswick, Canada, oversees the issuance of online gambling licenses through the Tobique Gaming Commission (TGC) — a regulatory body established under the Tobique Gaming Act of 2023. This initiative is known for its stringent standards and emphasis on responsible gaming. Furthermore, it promotes economic development within the Tobique First Nation community.
The Tobique Gaming license provides operators an entry point into the online gaming and gambling industries. With it, businesses and iGaming operators can conduct operations in various global regions and offer multiple services, from betting to casino games and lottery promotions. The best of all is the streamlined application process, which lasts only 4 to 6 weeks.
SoftGamings is fully prepared to support clients and those interested in obtaining this license. Leveraging its innovative technology and diverse game portfolio, SoftGamings is ready to support clients in navigating the application process and leveraging the benefits of the Tobique Gaming License. The company’s comprehensive services include game development, casino management systems, and payment integrations, making SoftGamings a preferred partner for numerous operators and developers worldwide.
Consequently, helping the clients obtain the Tobique Gaming license and being an entry point represents a significant milestone in SoftGamings’ ongoing efforts to refine its service offerings, maintain the highest standards of gaming integrity, and bolster its regulatory standing. As the company moves forward with this licensing process, it anticipates a positive impact on its operations and continued success in delivering exceptional gaming solutions to its global clientele.
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