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OKTO Enters into Partnership with Advansys

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Fintech company OKTO has partnered with Casino Management System provider Advansys to bring instant mobile payments directly on gaming machines in casinos and gaming halls across Europe with the OKTO.WALLET.

OKTO.WALLET integrated with Advansys NEXIO CMS offers both a convenient and secure as well as a fast payment experience at the gaming machines.

Players in Europe will be able to embrace a true cashless mobile payment experience, using the free OKTO app on their mobiles to interact with machines, connected to Advansys’s powerful NEXIO Casino Management System (CMS). The service allows players to load credits directly from their mobile phones via the OKTO.WALLET to a gaming machine and collect their winnings at the end of the play session, straight into their OKTO app. The players have multiple ways to load and withdraw funds from their OKTO account, such as payment card and bank as well as access their account instantly through the OKTO issued prepaid card connected to their OKTO.WALLET.

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Simon Dorsen, Director of Gaming at OKTO, said: “Europe can be considered a digital fast adopter, showcasing a strong potential for growth and rise of mobile payments. The pandemic accelerated the need for innovative and secure digital payment methods across all channels, including land-based gaming, and OKTO meets exactly that demand.

We’re glad to cooperate with Advansys to provide even more gaming operators and players in Europe with a payment method that streamlines and simplifies the payment experience on gaming machines. Access to mobile payments is a driver for retail innovation in Europe, especially when this has blended with an advanced end-to-end cashless mobile wallet that completely rely on accessible mobile technology.”

Andrej Sluga, CMO of Advansys, said: “Many countries in Europe relied heavily on cash, but COVID-19 brings about many opportunities for the mass adoption of mobiles payment solutions. OKTO came just at the right time.

“Mobile payments are widely accepted in other sectors already and keep growing. Mobile Payment Apps are in fact on the rise as they are easy, fast, secure and reduce or eliminate the need to carry payment methods like cash and credit cards.

“Our partnership with OKTO strengthens our position as one of the leading Casino Management Systems in Europe. We can now offer our partners secure mobile payments on gaming machines, bringing a new level of experience to their players. Mobile phones will dominate payments in future as many bank services are already available for years. It is a money digital evolution and mobile payments are gaining momentum in the casino industry.”

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Play’n GO Honoured at Corporate Star Awards Ceremony

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Play’n GO, the world’s leading casino entertainment provider, was honoured as a global leader in Environmental Social Governance (ESG) practices at the prestigious Corporate Star Awards held in Amsterdam. The company was the only iGaming company shortlisted at the ceremony, and was nominated for the Best ESG Report award, placing it among renowned organisations such as Globo, EVS and SONY Entertainment, who won the category overall.

The Corporate Star Awards are known for recognising excellence in corporate reporting and sustainability, and Play’n GO’s nomination for the Best ESG Report Award is testament to its commitment to transparency and responsible business practices.

Play’n GO’s ESG Report provides comprehensive insights into the company’s environmental initiatives, social impact and governance practices, and showcases Play’n GO’s commitment to reducing its carbon footprint, promoting diversity and inclusion, and maintaining high ethical standards throughout its operations.

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The Corporate Star Awards recognise organisations that go above and beyond in their commitment to ESG practices, setting a benchmark for corporate responsibility. Play’n GO’s inclusion among the shortlisted companies underscores its position as a global leader in the iGaming industry and its dedication to sustainable business practices.

Johan Törnqvist, CEO and co-founder of Play’n GO, said: “We are truly honoured to be recognized as a global ESG leader at the Corporate Star Awards. This nomination is a testament to our unwavering dedication to sustainability and responsible business practices. We believe that a strong ESG framework is essential for the long-term success of any organization, and we are proud to be at the forefront of this movement. We look forward to participating in next year’s awards, and to furthering our own ESG initiatives.”

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Amusnet Releases Speed Baccarat, a New Addition to its Live Casino Portfolio

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Amusnet is presenting its newest Live Casino release – a fresh look and feel for a true casino classic that has become one of the most popular card games – Speed Baccarat.

The latest addition to the company’s portfolio mesmerises with Asian elegance and promises a lifelike gaming experience to anyone who wants to have a taste of this all-time casino favourite. Fast rounds are available, which adds to the excitement and thrill which the game brings.

Amusnet’s Speed Baccarat is played with eight standard decks of 52 cards, and it is available 24/7 with a live dealer hosting the game. It offers immersive real-time streaming with ultra-low latency. The objective of this Live Casino game is to predict the winning hand closest to 9, which could be the Player’s hand, the Dealer’s hand or there could be a Tie.

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A variety of Main bets and Side bets is available, along with several in-game features to guarantee an engaging and thrilling gameplay, such as Re-bet, Double the Bet, Scoreboards and Game Statistics. A live Chat is also at players’ disposal, providing them with the chance to communicate with the dealer and the rest of the players.

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The Jackpot Cards bonus game is triggered at random during the gameplay to allow players to win impressive jackpots.

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Christian Reinhard Becomes New Board Member for Technology and Development at Merkur Group

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The Merkur Group has welcomed Mr. Christian Reinhard as the new Board Member for Technology and Development. Reinhard, a 50-year-old computer science graduate, succeeds Werner Kurt Schroer, who resigned from his position on the Board for health reasons after almost 19 years of successful service, but will continue to be available to the Group as an advisor.

“We would like to thank Mr. Schroer for the extraordinarily successful years we have spent together. At the same time, we are delighted to welcome Mr. Reinhard to the board of directors. By appointing Mr. Reinhard as the board member responsible for technology and development, we are ensuring continuity in the area of development that is so important for the group of companies, while also creating space for fresh ideas. We wish Mr. Reinhard every success in his new role and always the necessary bit of luck,” said company founder and board spokesman Paul Gauselmann.

Christian Reinhard has over 20 years of experience in the series development of automotive electronics. In his career to date, he has developed a wide range of technologies, including navigation systems, cluster instruments, driver assistance systems and vehicle networking systems, which are now installed in numerous vehicles worldwide.

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In addition to his technical expertise, Reinhard has more than 15 years of experience in managing and structuring internationally distributed development teams, such as those in the Merkur Group. Most recently, he was responsible for a team of 3500 developers and played a key role in the development and release of safety-critical systems that, like the vending machine industry, are subject to strict regulatory requirements.

Christian Reinhard said: “After dedicating my 23-year career to developing high-quality mobility experiences, I am looking forward to a new challenge in a dynamic and creative environment. I am particularly fascinated by the gaming industry because of the collaboration between a wide variety of disciplines – art, design, mathematics, programming, data security and electronics development – and the opportunity to create unforgettable moments of entertainment and joy in the game.”

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