Latest News
Jamie Chadwick secures Silverstone silverware
Reigning Champion Jamie Chadwick scored a podium in front of around 100,000 passionate spectators as the Veloce Racing star impressed the crowds at her home W Series event at Silverstone.
Veloce Racing team-mate Bruna Tomaselli made solid progress throughout the 30-minute race as the Brazilian crossed the finish line in 12th place, an improvement of three positions over the course of the contest.
Chadwick maintained third position off-the-line as she watched the lead battle between Alice Powell and Fabienne Wohlwend rage on throughout the race. Powell would eventually get the better of long-time leader Wohlwend following a short safety car period, whilst 23-year-old Chadwick powered to a podium and an important 15 championship points.
It was a relatively lonely race for Chadwick, but her consistency proved key, and despite not having the ultimate pace to challenge for victory the 23-year-old ensured that home silverware was secured for Veloce Racing.
Tomaselli also had eyes on a frenetic battle ahead of her during much of the encounter as the rookie carefully picked off those immediately in front. Overtaking proved difficult throughout the order, but Tomaselli performed well to take 12th place around the world-famous 3.66-mile Grand Prix circuit.
Chadwick now lies second in the overall Drivers’ standings, whilst Tomaselli is 11th overall.
Round 4 of the 2021 W Series will take place at the Hungaroring on 30/31 July.
Jamie Chadwick, Driver, Veloce Racing said: “It was a quiet race for me in third because we just didn’t have the pace to fight for victory today, but to get a podium in front of these fans is still absolutely fantastic.
“The atmosphere has been incredible here at Silverstone and I’ve never experienced anything like this. Points make prizes, and of course we would have liked to have scored the big points this weekend of all weekends, but it’s a long season and winning the championship is the ultimate goal.”
Bruna Tomaselli, Driver, Veloce Racing: “It was a good race today, but we knew it was going to be difficult after qualifying yesterday and we were unable to make too much progress from our grid position.
“We improved throughout and made up a few positions, but overtaking was quite difficult as the drivers were quite evenly matched in the midfield. I have learnt a lot this weekend and I’m already looking forward to the Hungaroring in two weeks’ time.”
Mariella Bailey, Team Principal, Veloce Racing: “It wasn’t to be today in terms of winning the race, but we can be pleased with a podium at our home event at Silverstone.
“It’s important to score points consistently, particularly on days when you maybe don’t have the pace to win, and that’s exactly what we’ve done. It has been a real honour to lead Jamie, Bruna and Veloce Racing for the first time this weekend, and we’re looking forward to improving further at the next event.”
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.
Sportradar Group AG today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions where he most recently served as Chief Financial Officer. He will report directly to Sportradar Chief Executive Officer Carsten Koerl.
Felenstein brings nearly 30 years of senior finance and operating experience for US publicly listed companies across the media, entertainment, experiential and digital content industries to his new position at Sportradar. Most recently, Felenstein served as Chief Financial Officer at Lindblad Expeditions, a global leader in expedition cruises and adventure travel, where he oversaw the company’s global finance organization, as well their corporate development, information technology and human resources functions. In his role as Sportradar’s Chief Financial Officer, Felenstein will lead the company’s global finance, accounting and investor relations functions. Felenstein has a unique blend of financial rigor and operational insight and will partner with the rest of the executive leadership team to advance the company’s key strategic initiatives and grow the business while maintaining strong relationships with the investment community. He will be based in New York.
Carsten Koerl, CEO, Sportradar said: “With Craig’s deep international experience and successful track record building finance organizations as a CFO at US listed public companies, I am confident that he will be a strong addition to our team. His track record of helping drive financial strategy and building shareholder value will be instrumental to our continued success. We want to express our deep gratitude to Ger Griffin for his meaningful contributions to Sportradar during a transformational growth period for our Company.”
Prior to his tenure at Lindblad, Felenstein served as Senior Vice President of Investor Relations and Strategic Finance at Shutterstock where he oversaw all interaction with the investment community while leading the financial planning and analysis and corporate development functions. Prior to Shutterstock, he served in various management roles at Discovery Communications, LLC, including Executive Vice President of Investor Relations. At the same time, he was a member of the executive team for several of Discovery’s businesses including serving as the Chief Financial Officer of Digital, Chief Financial Officer of US Network Revenue and Chief Financial Officer of Animal Planet. Prior to Discovery Communications, he held senior positions at News Corporation, Viacom Inc., and Arthur Andersen & Co.
Felenstein said: “Sportradar has built an impressive leadership position in the rapidly growing global sports technology market and the Company is ideally situated to deliver sustained growth given their strong content portfolio, unmatched product offerings and commitment to industry innovation. I am excited to work with Carsten and the entire Sportradar team, as well as the Board of Directors, to capitalize on the significant growth opportunities ahead and deliver additional value to our clients, partners and shareholders.”
In its LinkedIn newsletter, ‘The SOFTSWISS Special’, SOFTSWISS, a global tech expert with over 15 years of experience in iGaming, delves into the impact of Bitcoin Halving on the iGaming realm.
The recent historical moment of Bitcoin Halving took place on 19th April 2024. SOFTSWISS, a pioneer in crypto-friendly iGaming software, shares its insights and forecasts for how this event may shape the future of iGaming, shedding light on potential opportunities and challenges for industry stakeholders.
What is Bitcoin Halving?
The Bitcoin halving is a scheduled event that occurs approximately every four years or every 210,000 blocks. During this event, the reward for mining and verifying new blocks is reduced by 50%, resulting in miners earning only half the number of BTC per mined block.
Since its launch in 2009, Bitcoin’s mining reward has halved four times, occurring in 2012, 2016, 2020, and 2024. The recent April halving reduced the reward to 3.125 BTC per block. Such events are crucial for Bitcoin’s scarcity and inflation control, ensuring that the total supply never exceeds 21 million coins and aligning with its deflationary principles.
Historically, each halving event has resulted in a rise in Bitcoin’s price. This is attributed to the reduced supply and increased scarcity, although other market factors have also influenced these outcomes.
Exploring the Impact of Bitcoin Halving on the iGaming Industry
To provide an in-depth analysis of the Bitcoin Halving impact on iGaming, SOFTSWISS invited Bradley Peak, blockchain expert and tokenomics adviser, to share its anticipations.
- Bets rise: The halving is expected to lead to an increase in Bitcoin’s value. If the trend of impressive price surges persists, Bitcoin-friendly iGaming brands could see a positive impact.
- Crypto adoption increase: Implementing crypto-friendly models has the potential to boost player trust and transparency in iGaming. Additionally, it could rejuvenate unique gaming experiences like provably fair games and decentralised casinos.
- Regulatory frameworks improvement: The recent Bitcoin halving could prompt regulatory bodies to reassess their stance on cryptocurrency gambling. This could lead to new regulations ensuring fairness, responsible gambling, and anti-money laundering measures in the crypto-driven iGaming sector.
Bradley Peak, blockchain expert, comments on the recent changes: “Any transformation will not be without its challenges. It is important to adapt – invest in employee learning and development, onboard crypto processing, and make sure your platform remains secure in the process.”
Explore the influence of the 2024 Bitcoin Halving on the iGaming industry in the fourth edition of The SOFTSWISS Special newsletter on LinkedIn.
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
The post Should iGaming Be Worried About 2024 Bitcoin Halving? appeared first on European Gaming Industry News.
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
Sportradar Names New CFO, Craig Felenstein
Should iGaming Be Worried About 2024 Bitcoin Halving?
56 suspicious betting alerts reported by IBIA in Q1 2024
Brazil’s Ministry of Finance Appoints Régis Dudena as Secretary of Prizes and Betting
Paddy Power launches new innovative Checkd Dev betting tool Mix ‘N Match
Romania Bans Gambling Venues in Small Towns and Villages
Gaming1 renews contract with ComplianceOne Group for fifth consecutive year
Play’n GO digs deep for the treasures of ancient kings
Week 14/2024 slot games releases
-
gaming2 years agoODIN by 4Players: Immersive, state-of-the-art in-game audio launches into the next generation of gaming
-
EEG iGaming Directory7 years ago
iSoftBet continues to grow with new release Forest Mania
-
News6 years ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
-
News5 years ago
Super Bowl LIII: NFL Fans Can Bet on the #1 Sportsbook Review Site Betting-Super-Bowl.com, Providing Free Unbiased and Trusted News, Picks and Predictions
-
iGaming Industry6 years ago
Rick Meitzler appointed to the Indian Gaming Magazine Advisory Board for 2018
-
News5 years ago
REVEALED: Top eSports players set to earn $3.2 million in 2019
-
iGaming Industry6 years ago
French Senator raises Loot Boxes to France’s Gambling Regulator
-
News6 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018
