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Endblock: A Revolutionary Reverse Betting System Empowers Players to Win Big

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Introducing Endblock.io, a revolutionary collective reverse betting system set to revolutionize the decentralized Gambling and DeFi industry (Gambfi). Simplicity meets sophistication in this world’s first reverse crypto betting game, where getting started is as easy as hitting a button on a website. At the same time, the game offers a rich nuance for players who wish to maneuver and strategize. Even if a player does not win the primary jackpot, they will still unlock an extravaganza of bonuses: free tokens, pool rewards, and more lotteries like the Mega Jackpot!

Endblock is set to raise the curtains and reveal the world’s first truly decentralized and 100% on-blockchain Gambfi system in the first week of February this year.

Endblock.io: Sophistication in Simplicity

Endblock’s jackpots are incredibly straightforward. All a user needs is to connect their wallet, hit the “Reset Blocks” button, and wait for the block counter to reach zero. The last person to reset the block wins the entire jackpot if no one else resets it before the jackpot block counter gets to zero. Moreover, if the “blocks until lottery” counter hits zero and no one wins the jackpot, the prize is distributed through the lottery and pools.

Players can further up their game by timing their block resets strategically and earning additional rewards through pools and lotteries. Each time a user “Reset Blocks,” it also mints END token, which can be used to burn it to earn BNB (or any other crypto the protocol uses) or reset blocks, drastically reducing the supply and increasing the benefits of the pools.

Endblock’s social aspect adds yet another layer of nuance to the experience by allowing players to collaborate, strategize and refer friends to unlock a 5% affiliate reward from all the resets they do on the platform. There’s a dedicated dashboard to facilitate referrals on Endblock’s website.

Gambling without the Gamble

Endblock is revolutionizing the gambling finance ecosystem with its unique ability to reward ALL players! Not only do all bettors get a free entry into another lottery, but they also receive END tokens—Endblock’s premier token that unlocks a variety of advantages.

Collectively, these mechanics enable a dual-pronged strategy where END tokens are burned through Mega Jackpots and locked through pool incentives—turning END into a powerful deflationary token that will continue to expand its repertoire of utilities over time.

Bulletproof Security with True Decentralization

Unlike competing projects, Endblock is the world’s first reverse betting system wholly powered by blockchain technology’s power.

The user’s funds go directly into their wallets, from where everything is handled exclusively through automated and publicly-reviewable smart contracts. In doing so, Endblock has made itself secure and tamper-resistant—just as decentralized applications were meant to be.

While little is known about the creators, one thing is for sure: decentralization is a core guiding principle of their philosophy.

Instead of building up their personal brand by seizing control and credit for this project, they have released a set of genuinely decentralized endpoints that operate independently through the power of blockchain.

In that sense, Endblock is highly inspired by Satoshi Nakamoto’s release of Bitcoin. The creators believe that for Endblock to truly challenge the status quo and disrupt the gambling finance industry, it must be able to stand on its own legs without any entities pulling the strings from behind the curtains.

Although the world may never meet the minds behind this innovative project, proponents of decentralization will likely hail this as a monumental step in the right direction.

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AGCO Removes Cap on Seller Commission for Charitable Lottery Products

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The Alcohol and Gaming Commission of Ontario (AGCO) has updated several lottery policies to remove the cap on seller commission for Paper Raffles and Media Bingo, along with removing the prohibition on Catch the Ace paper lotteries, to align with other charitable lottery products.

Licensed charities may now negotiate commissions directly with sellers and determine commissions, provided they are reasonable and tied to the cost of service provided by the seller.

These updates further the AGCO’s commitment to adopt an outcomes-based regulatory approach and reduce burden for the charitable gaming sector. Local charitable organizations will have greater flexibility to make decisions that best serve their fundraising objectives.

Important Reminders

• Charities must still receive approval for other expenses incurred under their licence and retain receipts for seller commission paid.

• Licensing authorities will not require documentation to be submitted as part of the application process, however, charities are still subject to audit to determine compliance.

• Charities are reminded of their legal requirement to meet their obligations under the Criminal Code and with respect to conducting and managing a charitable gaming scheme.

• As with all licensed charitable lottery events, charities must take the necessary steps to ensure that they are conducting and managing the lottery event within Ontario.

For charitable gaming-related inquiries, email an AGCO Eligibility Officer at [email protected] or call AGCO Customer Service at 1-800-522-2876, Monday to Friday from 8:30 a.m. to 5 p.m.

The post AGCO Removes Cap on Seller Commission for Charitable Lottery Products appeared first on Gaming and Gambling Industry in the Americas.

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Alon Segev

Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation

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Leading business, technology, finance, and gaming law firm, Segev LLP, is proud to announce its 10th anniversary. Over the past decade, Segev has evolved from a bold idea into a multi-jurisdictional firm serving clients across Canada, the U.S., and beyond.

Built for innovation-driven industries, the firm is widely recognized for its work with companies at the forefront of gaming, crypto, technology, and emerging sectors. “Our 10-year anniversary is a defining moment,” said Founding Partner, Ron Segev. “It’s a testament to the strength of our team and our culture of teamwork, self-improvement, and growthall of which is directed at scoring wins for our great clients.”

As industries like fintech, crypto, iGaming, and AI have matured, so has the firm, often in parallel with its clients. “We’ve all grown together with our clients from one success to the next, whether it be helping clients complete financings or helping them close business,” said Managing Partner Alon Segev. “I look forward to continued growth for us and our clients in the next 10 years!”

The firm’s client-first approach has consistently earned recognition from top legal ranking guides. Segev LLP is ranked by Chambers and Partners as a “Leading Firm” and “Band-1” in Canada for Gaming Law and are also recommended by The Legal 500 and Lexology. These rankings reflect the team’s ability to deliver strategic, high-quality legal solutions that align with their clients’ business goals.

Recognized for their unique ability to exceed expectations and deliver out-of-the-box solutions, Segev LLP’s clients have affirmed: “The firm demonstrates its capability not only to understand complex matters, but also to offer solutions that are practical, pragmatic, and value-adding.”

“Segev possesses outstanding resources and maintains global partnerships, enabling it to deliver precise and informed responses to any queries related to the iGaming industry.”

“Epic service, very good, I won the case!”

“Great service, friendly atmosphere, and support.”

Several Segev team members also reflected on the milestone: “There was a moment early in my time here when I realized I wasn’t just being brought in to help; I was expected to contribute, take initiative, and run with big ideas. That stuck with me,” said Negin Alavi.

“Together with our clients, [Segev] has experienced remarkable growth over the past decade. I’m honored to have contributed to this journey and to celebrate these shared successes,” said David McHugh.

Segev has cultivated a thriving law practice on the principle that challenges are to be embraced as opportunities. The approach has enabled us to grow as lawyers, but more importantly, it has enabled us to ensure the success of our clients,” said Mark Balestra.

“Since joining through Segev’s Ontario expansion, I’ve had the chance to work alongside some of the sharpest and most collaborative lawyers in the gaming space,” added Manav Bhargava. “As a full-service firm and industry leader, Segev stands out for its ability to support innovative businesses with practical, forward-thinking legal advice.”

Segev LLP will commemorate the anniversary with a series of internal and external initiatives throughout the remainder of the year.

The post Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation appeared first on Gaming and Gambling Industry in the Americas.

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INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE

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Incentive Games, a leading B2B games provider, is proud to announce that it has been awarded an Ontario Gaming License by the Alcohol and Gaming Commission of Ontario (AGCO), effective today. This achievement enables the company to offer its portfolio of real-money games to licensed operators and players across the province.

The license underscores the Incentive Games’ commitment to meeting the highest standards of compliance, security, and operational excellence. The rigorous application process demands robust security protocols and comprehensive responsible gaming measures and affirms the company’s readiness to enter one of Canada’s most dynamic iGaming markets.

The North American market is a strategic focus for Incentive Games, and this milestone follows closely on the heels of the company receiving its Provisional Michigan gaming licence from the Michigan Gaming Control Board earlier this month.

Incentive Games will distribute its real-money gaming content in Ontario through Incentive Studios, the company’s dedicated Real-Money Gaming division, ensuring a focused and tailored approach to the market.

“Ontario represents a huge opportunity for us, and securing this license is a proud moment for the whole team,” said John Gordon, Chief Executive Officer at Incentive Games. “It reinforces our dedication to meeting the highest standards while delivering compelling real-money content. We’re looking forward to building strong relationships in the region and continuing our momentum across regulated markets worldwide.”

The post INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE appeared first on Gaming and Gambling Industry in the Americas.

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