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Interview with Bernhard Blaha

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Bernhard Blaha, the co-founder of HEROcoin and herosphere.gg, is a serial entrepreneur, buzzing with new ideas that can change the present landscape of gaming industry. Blaha, who claims to “have more ideas every day than I have time to implement in a lifetime”, opens up in this interview about his HEROcoin and herosphere.gg and betting industry in general.

He foresees an “enormous” future for block chain technology in the betting arena. What follows is our wide-ranging interview with one of the young and vibrant potential change-makers in the betting industry. Read on.

Question 1

I’d first like to ask can you begin with a few words about yourself ? It’s always nice to hear top-class professionals say a few words about themselves for our audience.

I am the Co-founder of HEROcoin & herosphere.gg. My responsibilities stretch from operational topics to finding legal & tax solutions. Having founded successful companies before, I bring practical expertise in addition to my knowledge gathered from my studies in technical (University of Applied Sciences Upper Austria) and economic (University of Applied Sciences Vienna) areas. I am a very early adopter of many technologies, ranging from home automation to cryptocurrencies.

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Question 2

You have co-founded two ventures: Herocoin.io & Herosphere.gg. Can you tell us more about how the two ventures have been going?

Sports has been a fascination for people since time immemorial. The emotions that are involved with winning and losing touch every fan. We loved little challenges with our friends or soccer teammates. But it’s a hassle to collect the money from everyone and document all the results. So my current co-founders and I created a platform with the goal of bringing back fun and joy to betting by allowing people to challenge their friends, family and colleagues on various sport events via an online platform called “the social bet“ back then. At the same time, the e-sports market started to grow rapidly.

Today, the most famous games are MOBA games like League of Legends and DOTA2, shooter games like Counter Strike and sport simulation games like FIFA. People follow the competitions live in stadiums or through live streams. As of August 2017, there have been 100 million people playing League of Legends only and there is an expected viewership of over 300 million people by 2020. Also, the fantasy element becomes more popular in e-sports. Just a couple of days ago the German authorities officially accepted e-gaming as sports and forecasts say e-sports will very soon overtake American Football regarding the fan size.

All that made us decide to focus our resources and build herosphere.gg.

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Today our platform www.herosphere.gg counts over 250,000 registered users.

In order to take the product to the next level by fighting major issues the classic online betting industry faces today, we started to further explore how the blockchain technology could potentially help solving those problems: The HEROcoin (PLAY) was born – designed as a decentralized ERC20 token on the Ethereum blockchain.

Question 3

What exactly do you mean by “the decentralized solution for online betting”?

Well, online betting, as it is, has been untouched for a long time. It has the paradigm “the house always wins” and is quite prone to manipulation. Users always bet against a bookmaker instead of each other and due to middlemen there are much higher costs involved.

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The blockchain makes every single bet transparent, it allows real peer-to-peer betting, and it is much more resistant to attacks.

But because HEROcoin is an ERC20 token it can be much more than just a currency for gambling. The main goal is to create transparency, trust and security. In addition, 1% of all pots played is given back to all token holders. Additionally, anyone who creates contests for the community or a closed group is being rewarded. There is no bookmaker involved but the system runs the bets. HERO at the same time creates a transparent network, allowing a natural expansion by its own community. It is designed so that not only our own platform but existing providers too can implement HERO and emerging ones can build their systems on our HERO network and community.

 Question 4

At Herocoin.io, your main intention appears to be to change the “the house always wins” phenomenon in the traditional betting. But how beneficial do you think it is going to be for the end user when compared with online betting exchanges like betfair.com?

betfair.com definitely brought an innovative aspect to the traditional world of betting and made an important step forward. But what we do is completely disrupt the industry. With betfair.com the “broker” is just another user. We actually created a new way of “betting” and not just simply improved it. herosphere .gg will be much more about fantasylike American Football. Also, you can create private contests just for your friends or community and challenge them. The pot stays within this group.  HEROcoin will bring the aspect of fairness, transparency, lower risk of manipulation and can be used by anyone in order to build their idea on the existing infrastructure.

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Question 5

You have marked the end of 2018 as a deadline for completing the full development HEROcoin and the legal and financial aspects of its implementation. Can you shed more light on the remaining targets for its full deployment?

Right now we focus on the first re-launch of herosphere.gg, which will appear with a new design for the user and a state-of-the-art use of technology for the technical infrastructure. It does run already with more than 250,000 registered users, but will be lifted to the next level by Q2. From there we will step by step evolve the platform and see how the use case with implementing the HEROcoin over the next months will work.

For us the product is key! So we focus completely on developing a user-friendly product on the blockchain that is a lot of fun to use. We will also add more and more fantasy elements. But it does not stop there. As HEROcoin is designed to be integrated with any third party, we allow all of the traditional betting providers that see the potential to connect to our ecosystem. The upsides are very obvious: Nearly zero development effort and a lot of marketing benefits via our big HERO community.

In the long term, this means for HEROcoin to become the go-to tool for any betting provider who either wants to reduce payment provider fees or wants to increase trust levels with its users – which is every betting provider ever.

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The goal for the next five years is both: to become the ecosystem for betting on the blockchain and grow one of the biggest e-sports communities.

Question 6

How do you see the betting industry evolve in 2018? Any predictions on any disruptive technologies? We’d love to hear!

The potential of the blockchain is enormous. It can help to finally bring innovation to a business that has been operating on their own terms for ages, but my colleagues just come back from one of the biggest gambling fares – the ICE in London, where you can see that we are still at the beginning where everyone does know it’s coming and could completely change the entire industry as we know it but focuses and strategies aren’t clear yet.

Once users understand that with automated contracts on the blockchain, for example, direct pay-outs of prize money can be handled, they will push for a transformation to this new technology. They will also soon realize that costs are lower than in the traditional online betting.

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As we see in the numbers, e-sports just started to become popular and will only start to enter the mass market within the next years. The next generation grows up with watching Twitch and Youtube bloggers rather than classic sport events on TV.

Media rights trade is becoming a serious business and is expected to grow from only $50 million in 2016 to over $300 million in 2020. The coming year will see the e-sports economy grow to $696 million, a year-on-year growth of 41.3%. Brands are expected to spend $517 million on e-sports.

On a related matter, we have yet to find the peak of what blockchain technology can actually do for the gamers: Oracle systems are, due to quickly rising, but low spread of blockchain usage, still months or years from getting relevance, but once they do they will allow for fully democratized betting systems. Those mechanics allow for the data that is provided by big data warehouses so far to be fetched and processed by users.

As for the online betting industry, it needs to jump on the train if it does not want to stay

behind. As I have seen a lot of payment providers adding cryptocurrencies already to their

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portfolio, providers will start to evaluate not only the e-sports market but also blockchain

possibilities.


Source: European Gaming Media and Events

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The Untapped Potential of Localised Support January 2024

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Objective: Examine how customer experience shapes player retention and brand loyalty in iGaming, placing emphasis on the role of localised, high-quality support.

Outline:

  • Introduction: The growing focus on customer experience as a differentiator in iGaming.
  • The Value of Localised Support: Exploring how cultural nuances and language fluency enhance player satisfaction.
  • Flexibility in Resource Allocation: Meeting fluctuating demand without compromising quality.
  • Future Trends: How advancements in technology and localization will shape the next era of player engagement.

Questions for Exploration:

  1. How does high-quality, localised support impact player satisfaction and retention?
  2. What role does cultural understanding play in shaping effective customer interactions?
  3. How can operators balance flexibility with consistency in customer support?
  4. What emerging trends in customer experience should iGaming businesses prepare for?

Answer:

In the rapidly evolving iGaming industry, players have more choice than ever before—whether it’s brands, slots, game types, payment options, the list goes on. With so much competition, customer experience is quickly becoming a significant differentiator for operators. The ability to deliver a seamless, player-centric experience across multiple jurisdictions is not just a competitive advantage but a necessity in retaining players in this growingly saturated market.

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Customer experience today goes far beyond just problem-solving for players. It encompasses proactive, personalised engagement, meaningful recommendations, and a culturally resonant approach. The operators that succeed in this space are those who maintain high standards across these elements, delivering them in a timely and localised manner. Localisation, in particular, is a key factor in turning good customer service into exceptional customer experiences.

So, why is localisation so important? At its core, successful customer support is built on trust. But building trust across diverse jurisdictions is not something that can be achieved through a single, uniform strategy. Methods of communication are a prime example. In Brazil, where the newly regulated market is flourishing, players may expect warm and conversational interactions. In contrast, many European players often favour more concise and formal communication. Recognising and adapting to these cultural nuances allows operators to foster a stronger connection with their entire player base.

Beyond communication style, localisation also plays a critical role in regulatory compliance. The iGaming industry is highly fragmented in terms of regulations, and players are increasingly aware of their rights. A customer service team that understands local legislation implicitly adds immense value, ensuring compliance while delivering tailored support. This not only reinforces trust but also strengthens the player’s respect for the brand.

At the same time, operators face the challenge of balancing high-quality customer support with the flexibility needed to respond to fluctuating demand. This is where RokkerX delivers measurable value. By offering scalable resource allocation and rigorous cross-functional training, we ensure our teams can adapt to surges in demand; whether it’s a major sporting event in a specific jurisdiction or global-scale activity, without compromising on quality. Our teams remain aligned with the core values of our clients’ brands, ensuring a customer-centric approach at all times.

Looking ahead, the iGaming industry is poised for further transformation, driven by advancements in technology and localisation. At RokkerX, we are committed to staying at the forefront of these changes to help our clients deliver exceptional experiences. Trends like the growing prominence of omnichannel communication, including social media and in-app messaging, and advancements in natural language processing (NLP) will enable operators to communicate with even greater precision and cultural nuance. Yet, the future will demand more than just technology. The ability to strike the right balance between tech-driven solutions and the human touch will be essential in creating meaningful connections with players.

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As the industry evolves, the blend of cutting-edge technology, cultural understanding, and human expertise will define the next era of player engagement. By staying ahead of these trends, RokkerX ensures our clients are not only prepared for the future but thrive in it.

The post The Untapped Potential of Localised Support January 2024 appeared first on European Gaming Industry News.

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Innovations Redefining iGaming: What Operators Need to Know

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The iGaming industry is advancing at breakneck speed, driven by technological innovation and evolving player expectations. Itai Zak, Executive Director of iGaming at Digicode, emphasizes the importance of bridging client aspirations with customized business solutions. Key trends shaping the future of iGaming include live dealer games, blockchain integration, artificial intelligence (AI) and machine learning (ML), enhanced personalization, and shifting regulatory environments. Let’s delve into how these trends influence the industry, presenting new opportunities while paving the way for future growth.

A Closer Look at Emerging Trends

  • Live Dealer Games

Live dealer games are revolutionizing the online gaming experience, blending the best aspects of land-based casinos with the convenience of virtual gaming. Players can now engage with real-life dealers via high-definition video streams, enhancing the social component of online gambling. This bridge between physical and virtual casinos introduces interactive features like live chat and immersive gameplay. Industry leaders like Evolution Gaming and NetEnt are setting new standards in player engagement with innovative game formats and top-tier studio setups, redefining the realism and appeal of live gaming.

  • Blockchain and Cryptocurrency Integration

Blockchain technology is transforming iGaming by offering unparalleled transparency and security. With blockchain’s ability to enable provably fair gaming, players can verify that each round is fair via an immutable ledger. Cryptocurrencies like Bitcoin and Ethereum facilitate faster, more secure transactions, catering to tech-savvy players who value privacy. Platforms like Bitcasino.io are leading the way, leveraging blockchain to ensure fairness and seamless payments. However, the rise of blockchain also attracts regulatory attention, requiring operators to balance innovation with compliance as governments navigate this new technology.

  • Artificial Intelligence and Machine Learning

AI and ML are instrumental in enhancing player experience and operational efficiency. AI algorithms analyze player behavior in real-time, offering personalized game recommendations and promotions. Additionally, AI-powered chatbots provide instant customer support, improving user satisfaction. AI-driven predictive analytics also help operators fine-tune marketing strategies based on player preferences. Companies like Bet365 are already using these technologies to stay ahead of the competition, offering more personalized and efficient gaming experiences.

  • Richer Personalization and Engagement

Personalization has become crucial for iGaming operators looking to boost player satisfaction and retention. By leveraging data analytics, companies can offer tailored game recommendations, dynamic bonuses, and individualized promotional offers. This level of engagement enhances the player experience and strengthens loyalty. Industry pioneers like DraftKings and FanDuel push the envelope by offering highly customized features, such as personalized fantasy sports leagues and bespoke betting options.

  • Regulatory Changes and Market Expansion

The constantly evolving regulatory landscape offers both challenges and opportunities for iGaming operators. As more regions legalize various forms of online gambling, companies gain access to new markets. With their large populations and increasing internet penetration, emerging markets like Brazil and Nigeria represent lucrative opportunities. However, navigating the diverse regulations in these markets requires agility and strict compliance with local laws to succeed.

  • Enhanced Payment Solutions

With digital transactions becoming the norm, the demand for fast, secure, and flexible payment methods is skyrocketing. From digital wallets to instant banking and cryptocurrencies, players expect payment solutions that offer convenience and security. This growing demand is driving innovation in payment processing, giving operators more opportunities to streamline the transaction process while building trust with users.

Future Implications

The Expanding Role of AI and Blockchain

AI and blockchain are not just current trends, but they are poised to play an even more significant role in iGaming’s future. As AI technology evolves, more sophisticated algorithms will emerge, enabling real-time adaptation to player behavior and preferences. Blockchain’s application may extend beyond transparency and security, transforming game mechanics and player interactions potentially redefining how games are designed and played.

Shifting Player Preferences

Player expectations will continue to evolve toward immersive, interactive experiences. As Virtual Reality (VR) and Augmented Reality (AR) become more mainstream, they will significantly influence the future of iGaming. Players will demand more engaging, lifelike environments, pushing the industry to create innovative game formats and features that offer deeper immersion and entertainment value.

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Regulatory Developments

The regulatory environment will continue to evolve, and iGaming operators must stay agile to navigate future changes. New regulations may increasingly emphasize responsible gaming and player protection, influencing platform design and operational practices. A more harmonized regulatory framework across jurisdictions could provide stability while requiring operators to prioritize compliance.

Integrating Emerging Technologies

Technologies like 5G and edge computing are set to revolutionize iGaming by enabling faster, more reliable connectivity. This will allow for more complex game designs and real-time player interactions, opening new avenues for innovative gaming experiences. As these technologies mature, operators will have greater opportunities to differentiate their offerings. The potential of these emerging technologies to revolutionize iGaming is truly exciting and promising for the industry’s future.

Final Thoughts

The iGaming industry is on the cusp of significant transformations, driven by technological advancements and shifting player demands. Innovations like live dealer games, blockchain integration, AI, ML, and enhanced personalization are just the beginning. As the industry evolves, staying ahead of these trends will be critical for operators looking to thrive in an increasingly dynamic environment.

At Digicode, we are constantly exploring new technologies and refining our solutions to meet the evolving needs of our clients. Our focus on adaptability and foresight ensures that our clients are not just keeping pace with the industry—they’re leading it.

The post Innovations Redefining iGaming: What Operators Need to Know appeared first on European Gaming Industry News.

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What makes Turbo Games’ provably fair games so special?

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A partnership between game developer Turbo Games and iGaming solution provider and aggregator Slotegrator began in November 2022 via the APIgrator game integration solution. Since then, the collaboration has been developing successfully — and now it’s time to analyze what made it successful.

Turbo Games has noticed how the new technologies spreading throughout the industry can work for the good of brand transparency and player loyalty: “We can already see how blockchain technology has made it possible to make betting checks more accessible to players. All you need is a blockchain-hash and a decoder service. We think we will continue to move in this direction. Many traditional online casinos do not offer the possibility to check the bet. Sooner or later we all have to come to this. Perhaps the development of artificial intelligence will help here, because we are already seeing its involvement in all spheres of human life.”

Turbo Games specializes in provably fair games. Provable fairness is a concept where players can verify their wins or losses using blockchain technology — the outcome of the game is dictated by a smart contract and is absolutely random, barring the possibility of any human involvement. Using cryptographic hashing algorithms, the gambling site and the player’s device both generate seeds (random strings of numbers). Players receive a key that allows them to check the results; if the results are the same as the game round they witnessed, it proves that there was no foul play.

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According to statistics from Turbo Games, the audience for provably fair games is mostly between 18 and 25 years old. However, there are also players aged 35-40 who prefer traditional games but would like to try something new, and have turned their attention to provably fair games.

There are good odds that the technology of provably fair games will become more popular, if not even commonplace, because it gives players a feeling of transparency and proves that the business is trustworthy without the need to search through dozens of reviews. Whereas many innovations in iGaming simply add entertainment, provable fairness addresses security concerns and reassures players that they’re not being exploited, which is invaluable.

Provably fair games are beneficial for both players and online casinos. Vadim Potapenko, Head of Sales at Turbo Games, comments: “It often happens that the users are not satisfied with the result, because gambling is not only about big wins, but also possible losses. By allowing them to check the fairness of a bet, we make life easier for platforms and players. Of course, this allows us to communicate with partners and users that we work honestly and that’s why they should trust our games.”

Ayvar Gabidullin, Business Development Manager at Slotegrator, adds that “this type of game is now becoming more and more popular and has great potential for both players and game providers in the future. On the part of the player, the advantage is that the player can always be sure that his game is fair and he can independently check any of his bets. And for the game provider, this also simplifies the process of implementing casino games, since now it will not be necessary to obtain the appropriate certificates from independent laboratories before launching new games, they can immediately enter the market with these games and where anyone can check the result and make sure that that there is no cheating with players. Many game providers are starting to look towards this type of game. And as far as I see, many operators are starting to think about adding these games.”

What do players in 2023 need? The iGaming industry is all about reputation and trust. Players have a huge number of platforms to choose from, making them pickier and pickier. There’s an abundance of forums where players leave reviews, so if players view a brand as untrustworthy, there are plenty of places they can share their opinion. Provable fairness not only stops that from happening, it provides evidence to the contrary, giving players something else to talk about.

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Slotegrator also recommends investing time and effort into localization and creating an effective and detailed marketing strategy — before trying provably fair technology players need to get to the platform, and there is no acquisition without marketing.

 

 ABOUT SLOTEGRATOR

Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.

The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.

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The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.

Slotegrator also provides consulting services in gambling license acquisition and business incorporation.

More information: https://slotegrator.pro/

 

ABOUT TURBO GAMES

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Turbo Games — a provably fair games provider that belongs to Turbo Stars company — has an ambitious goal to establish widespread recognition throughout the iGaming world. Even though it is young, the company consists of professionals who have been working on the brand for over five years and are even planning to introduce a new brand for a wider audience soon.

Turbo Games also works in Europe, India, and South Africa, where the company sees the most potential and expects the same “hype” as in Brazil.

The portfolio of Turbo Games consists of 21 titles, including well-known games like Mines, Crash X, DoubleRoll, Hi-Lo, and Plinko. The studio releases a game every month. However, not all games are developed from scratch. Wicket Blast and Spin Strike, the last two releases, are based on cricket and the Indian Premier League. Crash X remains the most popular fast game in the Turbo Games portfolio, and the studio reports that crash games enjoy stable levels of popularity. Overall, the main focus of the brand is provably fair games.

More information: https://turbogames.io/

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