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Macao Win Becomes First in Italy to Introduce Compliant Cash-to-Digital Payments

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OKTO has announced its collaboration with Macao Win, a rapidly growing i-gaming operator, to introduce an advanced cash-to-digital payment solution, OKTO.PVR to the Italian market. This partnership signifies a milestone in the Italian gaming industry, as Macao Win takes the lead in providing players with a fully compliant cash-to-digital payment option.

Both brands share a commitment to payment compliance, a critical aspect of the gaming industry’s success and expansion in an increasingly regulated environment. This cutting-edge solution simplifies the complexities of adhering to new Italian regulations, equipping iGaming operators with the tools needed to excel in this dynamic setting.

The phygital payment solution is available via the integration with Exalogic and empowers players to effortlessly top up their i-gaming accounts with cash at retail locations equipped with recharge points. OKTO.PVR seamlessly bridges the gap between the digital and physical realms and connects the divide between the excitement of online gaming and the tangible world of cash transactions, ensuring easy access to funds and uninterrupted gaming experiences.

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Part of the OKTO.WALLET lineup, OKTO.PVR is specifically tailored to the Italian Top up Sales Points (PVR) market. With a deep understanding of market dynamics, OKTO has meticulously crafted a customized wallet solution that not only enhances convenience and security but also guarantees full compliance with existing and upcoming Italian regulatory standards.

Dante Micucci, Country Manager Italy of OKTO, said: “We are glad to collaborate with Macao Win to introduce OKTO.PVR to the Italian gaming market. Our objective is to empower gaming operators with the necessary tools to succeed in an ever-evolving regulatory landscape. OKTO.PVR demonstrates our commitment to innovation and our dedication to providing solutions that drive success for our partners.”

Cristiano Martini, Managing Director of Macao Win, said: “Macao Win takes pride in being the first merchant to offer OKTO.PVR. Our partnership with OKTO reinforces our commitment to delivering cutting-edge solutions to our clients and further solidifies our position as a leader in innovation in the gaming industry.”

Brazil

EGT Digital is a licensed software provider for Brazil

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EGT Digital is proud to announce that it has obtained a licence that allows it to provide its software products in Brazil. The Bulgarian provider was certified by the regulator Secretariat of Prizes and Bets (SPA) and can now offer local operators its rich portfolio of gaming solutions, containing over 120 in-house developed casino titles and the 4 top-performing jackpots Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot.

Tsvetomira Drumeva, Head of Sales at EGT Digital, shared her excitement regarding the authorization: “We are delighted to have the opportunity to present our gaming content to the Brazilian market. Our slots are available to domestic players, ready to captivate them with their numerous fascinating features and provide an unforgettable experience, fully tailored to their tastes and preferences.”

The post EGT Digital is a licensed software provider for Brazil appeared first on Gaming and Gambling Industry in the Americas.

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Arizona Department of Gaming Releases October Sports Betting Figures

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Bettors in Arizona wagered approximately $791 million on sports in October of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 22% increase when compared to October of 2023.

The state collected approximately $2.35 million in privilege fees in the month.

The post Arizona Department of Gaming Releases October Sports Betting Figures appeared first on Gaming and Gambling Industry in the Americas.

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Neosurf & Betting Hero to reveal results of their in-depth study into US online gambling and payment habits in exclusive two-part webinar series

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Neosurf, the globally trusted provider of swift and secure cash-to-digital payment solutions, has announced it will be sharing the findings of a recent study into the online betting habits, preferences and frustrations of US players in an exclusive two-part webinar series beginning on January 14th.

Neosurf commissioned the research via Betting Hero – a leading US-based iGaming portal with expertise in casino, sports betting and DFS. The webinars will see Neosurf CEO Americas, Sue Page, Betting Hero’s Co-Founder and President, Jai Maw, and Senior Director of Product and Research, Ernie Ropas, dive into the report’s key findings and discuss what some of the more surprising results could mean for operators.

The survey, which featured respondents from New Jersey, Colorado and North Carolina, aimed to help operators and regulators within the gambling industry better understand the typical US bettor – how and why they bet, what tools they use to manage their budget and what Responsible Gaming means to them. The findings will be revealed in the webinars and used to identify areas where Neosurf’s products can help operators provide a better user experience.

The research highlighted several aspects of payments and responsible gaming that bettors felt could be improved. Problems with payments remain an issue – 52% of respondents said that they’d experienced payment issues in the past year, and with over 50% depositing and withdrawing multiple times each month, there is a significant cost impact to the operators.

Additionally, respondents indicated they’d be in favour of using a service that could share pre-verified ID information with operators, with ease of use for new payment methods and seamless integration across multiple platforms identified as important factors in their choosing and remaining loyal to a single sports betting platform.

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Sue Page, Neosurf CEO Americas, said: “It was important to us to gain a more detailed insight into the US sports bettor. We wanted to talk to the players and ask questions that no one else is asking, and  through our collaboration with Betting Hero I’m delighted that we now have a comprehensive piece of research.

“Offering valuable insights into player habits – how and why they bet, the ongoing pain points they’re experiencing with payments and their thoughts on Responsible Gaming—we’ll be taking a deep dive into the results of the survey in our two-part webinar series starting at 10:00 ET on January 14th, and we encourage all US-focused operators and regulators to join us.”

The post Neosurf & Betting Hero to reveal results of their in-depth study into US online gambling and payment habits in exclusive two-part webinar series appeared first on Gaming and Gambling Industry in the Americas.

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