iGaming Industry
Belgium: online gambling represented a third of total revenue in 2015
The Belgian Gambling Commission revealed that during 2015, online gambling represented a third of total revenue.
Last week, the Belgian Gaming Commission (BGC) released its 2016 annual report, which (confusingly) contains Belgian-licensed operators’ financial information from 2015, allegedly due to the slow pace at which operators compile their individual statistics.
According to these stats, Belgian-licensed gambling revenue totaled €622m in 2015, 17% higher than 2014’s tally. Total online revenue was €211.3m, just over one-third of the overall figure.
The BGC’s ‘A’ license category of casino operators reported land-based gaming revenue of €102.3m in 2015, down 7% year-on-year. By contrast, these operators reported their online gambling revenue rising 41.2% to €78.6m in 2015.
The BGC breaks down its eight online casino ‘A’ licensees by amounts generated, but doesn’t identify these operators by name. Whoever they are, the top two online casinos claimed more than half (€44.2m) of this online pie.
The ‘B’ category of license involves slot machine arcade operators, who generated combined revenue of €234.5m in 2015, up 11.6% year-on-year. Of this sum, €157.3m (+3.4%) was generated at land-based venues, while €71.7m (+30.6%) came online. The top two online arcades also scored more than half (€39.8m) of the online total.
The ‘F’ licensed betting operators reported overall revenue of just under €206.5m, up 22.4%. Land-based betting improved 21.7% to €145.5m while online betting gained 24% to just under €61m. Here again, the top two online betting sites claimed more than half (€34.2m) of the total.
As for unauthorized online gambling sites, the BGC added 12 more names to its online blacklist in 2016, the same number as in 2015.
The BGC issued 85 administrative fines against gambling operators and their customers in 2016, including on one unauthorized (and unidentified) online gambling site. The BGC is one of the few regulators that actually penalizes players for playing with unauthorized sites, and nine players were hit with such fines in 2016.…
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Source: EEGaming.
BetConstruct
BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024
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
Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas
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.
Canada
SoftGamings Doubles Down on Global Expansion by Introducing Tobique Gaming Licence
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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