Industry News
Xace Launches Completely Free Business Accounts and Cross Border Payments for Regulated Gaming Firms: Era
Xace, the iGaming focused payment account provider has announced their latest product, zero fee payment accounts for local and cross border payments and FX.
The gaming industry has frequently found banking solutions and payment accounts to be a challenge to obtain and keep open, with stable providers few and far between, with those that do accept the sector charging fees well in excess of traditional high street banks.
Era by Xace is an exclusive new product, giving regulated gaming firms access to totally feeless payment accounts, no upfront costs and no monthly account costs. Companies with licences from major iGaming regulators, including within UK and Malta, are eligible for the exclusive product.
Adam Grist, CPO at Xace, said: “We spoke to some of the biggest gaming firms out there, to build a product that breaks yet another barrier in gaming payments. Regulated European and North American based gaming firms are frequently subjected to high fees on accounts, transactions, FX and more. With the launch of Era by Xace we are giving the regulated iGaming industry what it deserves – zero fees at the industries favourite financial institution.”
David Hodkinson, CEO of Xace, said: “It is testament to the continuous hard work of our team that the Xace Group is now able to offer a product such as this, allowing feeless accounts and transactions on cross border solutions for a large part of the gaming industry. We’re incredibly excited to bring this product to the market so early in 2024.”
The news comes right on the heels of the Malta Financial Services Authority granting Xace a payments licence, which will spearhead Xace’s growth into the EU this year and beyond.
Industry News
SUZOHAPP Appoints Geoff McDowell as New President
SUZOHAPP has announced the appointment of Geoff McDowell as its new President, effective October 1, 2024.
McDowell previously worked at SUZOHAPP from 2010 to 2017, successfully leading the gaming business in Australia and Asia. He rejoins the company from Coinflip, a global digital currency platform, where he was SVP/GM of US Kiosks. Prior to that, he held the position of CEO of Atlas Gaming Pty Ltd, an Australian developer of proprietary gaming content and products.
“We are thrilled to welcome Geoff back to our global leadership team to lead one of our core divisions. His proven track record in growth and strategy execution will be invaluable as we continue to serve our customers and achieve strong results. We also extend our gratitude to Sim Bielak for his years of dedicated service and leadership at SUZOHAPP,” said Drew Scielzo, ACON Partner.
Geoff McDowell is excited about his return and the opportunity to drive SUZOHAPP’s success. “SUZOHAPP is an exciting company with tremendous growth potential and a strong team. I look forward to embracing this new challenge in an industry I am passionate about,” he said.
The post SUZOHAPP Appoints Geoff McDowell as New President appeared first on European Gaming Industry News.
Industry News
Amusnet Releases Showtime Roulette 500x
Amusnet has released Showtime Roulette 500x, where entertainment meets innovation. This fast-paced European roulette reinvents the classics, featuring a host who presents, entertains and spins the wheel for a seamless, engaging experience. With every spin, a random multiplier can increase the payouts by 50x, 100x, 150x, 200x, 250x and 500x for a thrilling experience. Showtime Roulette 500x offers a fantastic gaming experience that is sure to entertain and captivate players.
What truly sets this game apart is its groundbreaking customisation capabilities. Leveraging advanced chroma technology, operators can transform the game environment to reflect their unique brand identity. The possibilities are endless, from integrating their logos to designing bespoke background themes. This level of personalisation enhances brand visibility and delivers a tailored, immersive gaming experience that resonates with players, making every session feel distinctively crafted.
Dynamic Paytable
Up to five numbers and a win multiplier of between 50x and 500x are selected at random for bigger rewards!
Instant Re-bet function
Pick again the lucky numbers for the last 15 spins!
Statistics for Hot & Cold
Make your strategy with statistics for the last 500 spins!
Jackpot Cards with scheduling option
Once the Jackpot Cards Bonus game is triggered, impressive Jackpots are revealed!
The post Amusnet Releases Showtime Roulette 500x appeared first on European Gaming Industry News.
Industry News
GROUPE PARTOUCHE: Acquisition of a Building at the Foot of the Arc De Triomphe to House its Parisian Gaming Club and its Head Office
Groupe Partouche has acquired a building, strategically located at Place de l’Etoile in Paris, at 10 avenue de la Grande Armée.
With a surface area of over 8000 m² spread over seven levels, this building will undergo development work to accommodate its Parisian gaming club currently located on rue de Berri.
This building will also house the headquarters of Groupe Partouche.
The post GROUPE PARTOUCHE: Acquisition of a Building at the Foot of the Arc De Triomphe to House its Parisian Gaming Club and its Head Office appeared first on European Gaming Industry News.
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