Canada
New IQT Research Report: Quantum Random Number Generators will become a $7.2 Billion Market by 2026
The quantum random generator (QRNG) market will reach $ 7.2 Billion by 2026 according to IQT Research’s latest report, Quantum Random Number Generators: A Ten-year Market Assessment. This report profiles the strategies of 13 QRNG vendors and includes a detailed ten-year market forecast. The firms profiled include: Bosch, Cambridge Quantum Computing, Crypta Labs, Defense Research and Development Organization, ID Quantique, InfiniQuant, KETS, ORNL, Quantum Dice, QuintessanceLabs, Quantum Numbers, Quside, and Toshiba Europe.
More details of this report can be found at: https://www.insidequantumtechnology.com/product/quantum-random-number-generators-a-ten-year-market-assessment/
Also, at this URL those interested can request an excerpt from IQT Research’s QRNG market report. This excerpt includes all the forecast exhibits in the study (without the actual numbers), so that potential purchasers can understand better the extent and coverage of the forecasts in this report. In addition, the sample also includes an example of the analyst report that accompanies the forecast.
About the Report
QRNGs have taken on an important new role in the quantum technology business in the past year or so. They have become a key enabling technology for quantum-level security in mobile devices, data centers and even medical implants, to name just a few key areas of QRNG application. QRNGs have also provided a welcome improvement on standard RNGs, which have been used for years in scientific research and gaming.
The advent of QRNGs also provides an entry strategy for many firms into the quantum technology space. But while the QRNG market is relatively easy to enter, this creates the issue of how QRNG firms can best distinguish their offerings in the marketplace. QRNG positioning is currently being achieved through differing form factors. throughputs, chip sizes, pricing, certifiability and standards, health checks, marketing focus and more.
The report includes a quantitative ten-year forecast for QRNGs, with breakouts by form factor (chips, extension cards and standalone devices), as well as application (smartphones, IoT, finance, telecommunications, government and military, data centers, gambling, and R&D. Forecasts are provided in volume and value terms. The report also profiles 13 firms currently producing QRNGs, setting out their products, market strategies, markets targeted, financing, etc.
This report is intended for market planners and strategists at firms in the quantum technology, cybersecurity, gaming, and data communications sectors. We also believe the report will make essential reading for investors and quantum specialists at research institutes and universities. The report consists of two parts. The first part is a written analysis of the current state and future evolution of QRNGs. The second part is in the form of an Excel spreadsheet with forecasts of shipments and sales revenue of QRNGs.
From the report:
- QRNGs are a genuinely disruptive technology, bringing quantum-level security to markets at a low cost for the first time. QRNG devices also present a relatively easy way for technology firms to enter the market for quantum technologies—substantially easier than with QKD or quantum computers. However, this ease of entry into the QRNG market might make it difficult for some companies to establish sustainable profits in the QRNG space. In part because of this situation, we expect a lot of M&A activity in the coming years, with a few leaders eventually emerging
- Although quantum-secure phones are the most fashionable QRNG products, the largest market for QRNGs will be in data centers – a $3.1 billion in 2026. While all of the quantum-enabled security modalities will be applied to data center applications going forward, QRNGs will be especially useful for supplementing other forms of encryption and in low-cost customer-controlled encryption. QRNGs intended to sell into the data center market should not create significant performance penalties.
- The financial service industry worldwide is expected to show considerable interest in QRNG technology as a way to combat hackers and improve Monte Carlo simulations in portfolio valuation. Financial institutions have been among the most enthusiastic when it comes to the adoption of quantum technology. By 2026 revenues from sales of QRNGs to financial institutions will reach $2.2 billion and will come mainly in the form of standalone systems.
Bally Bet Sportsbook & Casino app
Bally’s Interactive Launches the New Bally Bet Sportsbook & Casino App in Ontario
Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, has launched the all-new Bally Bet Sportsbook & Casino app in Ontario, Canada. This latest release marks another significant milestone for the company, following the recent app update in New Jersey and a series of successful app launches in the past year, including the introduction of Bally Bet Sportsbook across multiple states and Bally Casino in Rhode Island.
The updated Bally Bet Sportsbook & Casino app represents a major step forward, as it combines the functionalities of the existing Bally Casino app and Bally Bet Sportsbook app into one comprehensive platform. Powered by White Hat Gaming, this new app allows players residing in or traveling to Ontario to conveniently place wagers on both sports and casino games using a single app, account, and universal wallet.
“We are thrilled to introduce the new Bally Bet Sportsbook & Casino app, marking a significant milestone for Bally’s. This integrated platform merges the features of our previous apps, providing players in Ontario with a seamless experience for both sports and casino betting. Our commitment to enhancing the player experience remains at the forefront as we strive to personalize the enjoyment of playing Bally Bet,” said Robeson Reeves, CEO of Bally’s Corporation.
BCLC
Be #GiftSmart: Scratch the Idea of Gifting Scratch & Win Tickets to Kids
BCLC reminds adults to gift responsibly this holiday season
With the holiday season in full swing, BCLC is reminding British Columbians to gift responsibly and scratch lottery products from their shopping lists for kids.
“Scratch & Win tickets can make great stocking stuffers for the adults in your life, but they’re not for kids,” said Ryan McCarthy, BCLC’s Director of Player Health. “The research shows that children who have early encounters with gambling are four times more likely to develop riskier gambling behaviour as they grow up. While people are out shopping for those last-minute gifts, BCLC wants adults to be aware of the potential risks associated with gifting lottery products to children and to consider safer alternatives.”
While Scratch & Win tickets are among the most common ways kids can be introduced to gambling, children are increasingly exposed to various online forms, such as gambling streams.
“With the convergence of gaming and gambling, youth are becoming more exposed to gambling content in online spaces like streaming sites, where creators are able to live-stream their own gambling, usually while playing online slots and instant games,” said Dr. Luke Clark, Director for Gambling Research at UBC. “Our research at the UBC Centre for Gambling shows that a higher frequency of watching online gambling streams is associated with a more positive attitude towards gambling and a high intention to gamble in the future.”
In B.C., it is illegal to sell lottery products to anyone under the age of 19 and BCLC encourages adults to have conversations with the kids in their lives about the risks associated with gambling.
“Open and honest conversations are crucial when it comes to navigating childhood exposure to gambling,” said McCarthy, who shared the following tips to adults:
- Monitor for gambling-related lifestyle changes. For example, developing a positive attitude towards gambling or a preoccupation with video games or streaming sites.
- Be a positive role model. Exhibit safer gambling behaviour and talk about the risks.
- Limit exposure. Monitor kids’ online activities and discourage engagement with gambling content. Explain how gambling is based on chance.
AGCO
Jackpot Digital Receives Approval from AGCO as a Registered Gaming Supplier
Jackpot Digital Inc., a leading provider of innovative dealerless electronic poker gaming solutions, has announced that the Alcohol and Gaming Commission of Ontario (AGCO) has approved the Company to be licensed as a registered Gaming Related-Supplier (the “Supplier License”) under the Gaming Control Act in the Province of Ontario.
This significant achievement allows Jackpot Digital to enter one of the most dynamic and rapidly growing regulated gaming markets in North America. The Supplier License authorizes Jackpot Digital to supply its electronic table games to Ontario’s gaming venues, including casinos and other regulated gaming facilities.
Jackpot Digital’s flagship product, the Jackpot Blitz electronic table game system, offers a modern, dealerless, player-friendly solution that integrates traditional multiplayer poker games with cutting-edge digital technology. The Supplier License will enable the Company to offer its innovative gaming solutions to operators throughout Ontario, driving new revenue opportunities and enhancing player experiences.
“Receiving AGCO’s approval is a major milestone. This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets. We are excited to bring our innovative products to Ontario’s gaming community and continue our commitment to providing exciting, technology-driven entertainment experiences,” said Jake Kalpakian, CEO of Jackpot Digital.
-
gaming2 years ago
ODIN by 4Players: Immersive, state-of-the-art in-game audio launches into the next generation of gaming
-
EEG iGaming Directory8 years ago
iSoftBet continues to grow with new release Forest Mania
-
News7 years ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
-
News6 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 Industry7 years ago
Rick Meitzler appointed to the Indian Gaming Magazine Advisory Board for 2018
-
News6 years ago
REVEALED: Top eSports players set to earn $3.2 million in 2019
-
iGaming Industry7 years ago
French Senator raises Loot Boxes to France’s Gambling Regulator
-
News7 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018