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North American (USA and Canada) gambling industry opportunities discussed in the IMGL MasterClass™ at CEEGC2019 Budapest
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North America (USA and Canada) in the focus via a special IMGL MasterClass
at CEEGC2019 Budapest.
There are over 1000 commercial casinos in North America and they generate approximately $29 billion in revenue each year. These include casino gaming establishments situated in the United States, Canada and Mexico. These numbers do not include the online gambling industry which is currently being legalized in state by state in the USA.
In a recent report, we can see that the online sports betting is gaining a lot of trend. Thirty-eight million American adults—15 percent of the U.S. adult population—are planning to bet on National Football League (NFL) games this season, according to a new survey by the American Gaming Association (AGA).
The rapid expansion of legal sports betting has provided increased opportunity for millions of Americans to bet safely with a licensed, regulated sportsbook. This year, 7 million Americans say they will bet legally at a casino sportsbook, 1.2 million more than last year, and tens of millions of others will place bets with friends, participate in pools or squares contests or place their bets online.
In Canada, a fresh report showed that at the end of the first quarter of the 2019–2020 fiscal year, Loto-Québec is reporting total revenues of $656.1M and a consolidated net income of $337.4M.
Most noted is the fact that revenues from the online gaming website—lottery and casino games combined—grew by $5.6M (+23.8%).
The quarterly report is available on Loto-Québec’s website.
During the 2019 edition of CEEGC Budapest, which will take place on the 24th of September, a panel of experts from the USA and Canada will join the IMGL MasterClass
, which has been strategically titled as “Opportunities in North America”.
Some of the biggest names of the online and land based gambling industry from the USA and Canada will take part and the organizers are honored to announce them.
The IMGL MasterClass
in Budapest will be joined by Jeremy Kleiman (Partner at the New Jersey law firm of Saiber LLC), Ilkim Hincer (Partner at McCarthy Tetrault – Canada), Bill Pascrell, III (Partner at Princeton Public Affairs Group, Inc.), and last but not least Andrew Cochrane (Chief Commercial Officer at SBTech).
The discussion will be moderator by IMGL Member, Jaka Repanšek (Media and Gaming Expert).
Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.
You can view the profile of each speaker bellow:
About Jeremy Kleiman
Jeremy Kleiman focuses his practice on gaming, regulatory and business law, representing casino operators, gaming equipment suppliers, technology providers and financial institutions involved in the gaming and lottery industries. He specializes in gaming-related corporate, regulatory, licensing and compliance matters, with an emphasis on the online and mobile gaming industry.
Prior to rejoining the firm, Jeremy served as Executive Vice President, Regulatory & Business Affairs for Coastal Development, LLC, a developer, investor and operator in casino resorts and racetracks. In that role, he was responsible for the company’s legal affairs, government relations and compliance functions, as well as sourcing, negotiating and executing on a number of business transactions. Jeremy’s background and experience on the business side of the gaming industry uniquely positions him to counsel and advise clients on transactional and regulatory matters while understanding the clients’ business objectives.
Jeremy had previously been a member of the Firm and head of its Gaming Law Practice Group prior to his time at Coastal Development. He advised financial institutions, gaming equipment manufacturers, lottery providers, and casino operators on all matters related to licensing, compliance and other regulatory matters.
Jeremy is a co-founder and director of iDevelopment and Economic Association (iDEA), an industry association seeking to grow jobs and expand online interactive entertainment business in the United States through advocacy and education.
Jeremy serves on the Board of Trustees of the International Association of Gaming Advisors, is a past Chair of the Casino Law Section of the New Jersey Bar Association, and is a member of the International Masters of Gaming Law. He is a frequent panelist at gaming industry conferences.
About Bill Pascrell, III
With a prominent career in state and federal public affairs, William J. Pascrell, III ESQ more commonly known as BPIII, is a partner with the Princeton Public Affairs Group, Inc. BPIII has worked as Counsel to the Governor of New Jersey, Chief of Staff for a member of Congress, and was Passaic County Counsel from January 1998-2019 with support from both sides of the political aisle. As County Counsel, BPIII drafted and worked to get the Freeholders to adopt the toughest ethics code in New Jersey. BPIII has held various positions on political campaigns at the federal and state level including New Jersey Governors James Florio, Jon Corzine, and Dick Codey. Additionally he has worked at a senior level on the Presidential campaigns of Bill Clinton, Al Gore, John Kerry, Hillary Clinton and Barack Obama.
BPIII is a founder and sits on the Board of Freedom Bank, a federally and state chartered New Jersey bank. Along with these distinctions BPIII also serves on the Board of Directors of the NJ Community Development Corporation, Habitat for Humanity, Juvenile Diabetes Research Foundation, North Jersey Country Club and the United Way of Passaic County.
BPIII graduated in 1982 from Don Bosco Technical High School in Paterson, Rutgers University Cum Laude with a BA in 1986, Seton Hall Law School with a JD in 1989 and the Kennedy School of Government at Harvard University with a MPA in 1992. Bill was admitted to the New Jersey bar in 1990 and is a member of the bar in Washington DC and has been admitted to practice before the United States Supreme Court.
In 1991 BPIII was selected as a delegate to the American Council of Young Political Leaders exchange program to Hong Kong, Taiwan, and China. In 1992 he was also a Leadership NJ Fellow.
BPIII has worked on behalf of many industries in both Trenton, New Jersey and Washington DC including Pharmaceutical, Petroleum, Energy, Transportation, Law Enforcement, Health Care along with major development projects.
In the area of gaming and casino, BPIII has various gaming interests throughout the United States, Europe, South America, Canada, and Israel. His clients include Trump, Pinnacle, The AC Chamber of Commerce, The NJ Casino Association, Sportech, Playtech, Camelot Lottery, Hard Rock Casinos, IMEGA, High 5 Games, Global Betting Exchange, Cashbet, Ezugi, PickLive, Line Gaming Holdings, Game Sports Network, The New Meadowlands Racetrack, Liberty Rising Casino, The Atlantic Club Casino Hotel, OTG Management, Rational Services, Vote Yes on Sports Betting in NJ Coalition and Poker Stars. He has become the state’s top expert with regards to internet gaming issues and has recently lead the campaign to pass a NJ Sports Betting law after a successful statewide referendum campaign which BPIII managed. BPIII continues to advise the Christie Administration, and the NJ State Legislature on the ongoing federal law suit involving sports betting, the NFL et. al. vs. Chris Christie.
Most notably BPIII lead a multi-year campaign to pass the New Jersey On Line Gaming Act recently signed into law by Governor Chris Christie. BPIII is also a member of the GiGSE (Global Internet Gaming and Sports Experts) Board of Advisors.
BPIII is also Executive Director of the newly formed AI2G American Institute for i-Gaming which was founded to promote legal, regulated Internet gambling at the state, tribal and federal levels through education, research advocacy and outreach to government and other key stake holders in the United States.
BP3 spearheaded the strategic alliance between H2 Gambling Capital and Princeton Public Affairs Group, Inc. (PPAG). The alliance merges H2 Gambling Capital, the leading authority regarding market data and operator intelligence in the gambling industry globally, with PPAG, the leading strategic advisory, government and public affairs, legal services and communications firm in the US gaming industry. This alliance will promote and support this joint ventures unique, global and leading-edge professional services in the US. The alliance will leverage BP3’s credibility and extensive direct hands-on experience with respects to the US sports betting industry to deliver the highest quality market data and operator intelligence to the emerging regulated sports betting marketplace.
The political web site, Politics NJ, named BPIII in their Power List of top 100 political players in New Jersey. In 2003, NJBIZ magazine featured Bill in their annual Forty Under 40 edition. For the past 10 years, NJBIZ has recognized 40 young men and women for their outstanding contributions to the New Jersey Business Community. BPIII is the star of the weekly show “The Battling Bills” which is on every Sunday on Comcast CN8. He is also a regular political commentator on talk shows like “It’s Your Call” with Lynn Doyle, “Diner Politics” with Laura Jones, News 12’s “Power and Politics” and has participated in live Court TV Internet discussions. In 2005 BPIII was nominated for a Mid-Atlantic Emmy award for performance on the “Battling Bills” weekly national political show.
About Ilkim Hincer
With deep sector expertise, Ilkim has the speciality and insights clients’ need to navigate the diverse challenges and opportunities facing the global gaming industry.
Ilkim Hincer is a partner and Head of the firm’s Gaming, Lottery and eSports Group, specializing in gaming and related technology law. He has profound experience advising local and multinational clients in compliance, regulatory, risk mitigation and transactional matters in the commercial gaming industry. His broad array of clients operate in internet gaming, casinos, bingo gaming, lotteries, eSports and related sectors.
With over a decade of experience both in-house and in preeminent law firms, he has an intricate knowledge of gaming legislation framework in local and global economies. Prior to starting his private practice in 2015, he served as Vice President and General Counsel at Trilliant Canada Gaming, General Counsel and Chief Compliance Officer for the Canadian subsidiary of Penn National Gaming, and General Counsel and Corporate Secretary of the British Columbia Lottery Corporation.
Given his experience on both sides of the table, Ilkim is considered a trusted advisor to his clients and is their first call for matters such as establishing compliance regimes, managing internal controls, and navigating Canada’s anti-money laundering and “conduct and manage” requirements. He also focuses on Indigenous gaming interests, with a proven ability to engage with diverse stakeholders, balance interests, and achieve favorable results for his clients.
Ilkim’s practice also draws from his supplementary experience in privacy, advertising and marketing, technology, corporate governance, mergers and acquisitions, securities, brand protection, licensing, and trademark law. Furthermore, he has also been responsible for retaining, directing and managing in-house counsel in various litigation and arbitration mandates, such as competition, intellectual property infringements, employment, and commercial issues.
Ilkim obtained his JD from the University of Windsor in 1995. He is a member of the Canadian Bar Association, the Law Society of Ontario, and the Law Society of British Columbia. He is also a member of the Canadian Corporate Counsel Association.
About Andrew Cochrane
Andrew Cochrane is Chief Commercial Officer for SBTech, the leading platform solutions provider to the sports betting and iGaming industry. He has worked across retail gaming, iGaming and sports betting sectors and has a proven track record of managing top-tier omni-channel operators in regulated markets. In his role at SBTech, he is responsible for cementing the company’s preeminent position in the industry by defining strategic objectives, identifying opportunities for further growth and maximising revenues across the board, contributing to SBTech’s ongoing global expansion. He is leading SBTech’s U.S. go-to-market strategy.
About Jaka Repanšek (panel moderator)
Jaka has worked for various TIME (Telecom, Internet, Media, Entertainment) companies since 1996. He is recognized as one of the leading experts on gaming, media and digital law in Slovenia. Jaka graduated from the Faculty of Law at the University of Ljubljana, Slovenia and gained his graduate degree from Cambridge University in England and Faculty of Law in Ljubljana (Diploma in European Community Law) and completed two-year MBA graduate studies at the University of Kansas in the USA. Jaka is an active member of IMGL (Slovenia) and a member of several other domestic and international organizations and is active also as a lecturer in various seminars and conferences.
Browse the official event website for more details: www.ceegc.eu
About the Central and Eastern European Gaming Conference
The Central and Eastern European Gaming Conference and Awards (CEEGC & CEEG Awards) has been launched in 2016 with the aim of bringing together gambling industry professionals, executives, and government representatives.
Every year, +125 like-minded delegates have the opportunity to discuss collaboration opportunities, learn about compliance updates and harvest the tech & marketing related information which is presented by industry leaders from the ever-evolving international gambling industry community.
Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.
About the organizer, European Gaming Media and Events
European Gaming Media and Events is a leading media and boutique event organizer company in Europe and produces the prominent conferences in the region such as:
CEEGC (Central and Eastern European Gaming Conference)
CEEG Awards (Central and Eastern European Gaming Awards)
Prague Gaming Summit
Mare Balticum Gaming Summit
Baltic and Scandinavia Gaming Awards
EGC (European Gaming Congress)
VIGE (Vienna International Gaming Expo)
The live events/conference division is in charge of organizing boutique style executive gaming events that focus on bringing inside information from the top gaming experts in the European Union and beyond.
In short, they cover most areas of Europe with international events that serve the local and global industry, optimize networking opportunities and bring the hottest topics into scope.
The event destinations in 2019 will include a further expansion for the company in their quest to enter the Western European region and bring their expertise to produce local gaming events.
For more details about the calendar, agendas and locations, visit the Live Events/Conferences section on europeangaming.eu
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: North American (USA and Canada) gambling industry opportunities discussed in the IMGL MasterClass™ at CEEGC2019 Budapest
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.
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.
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.
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.
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.
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
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/
Looking to take your career to the next level in the games industry? Then, Nordic Game Talents is the place to be! Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.
From Oct 27-29, the online and interactive event is dedicated to recruitment and career building in the creative & games industry within the Nordic region. The event empowers participants to be part of a bigger community and motivates them to explore new paths in achieving their career goals.
Hiring creative & games studios – Supercell, Funcom, Panzerdog, Tactile Games, Gamecan, Fingersoft, Dazzle Rocks, Redhill Games to name a few from the Nordic region will be participating in the event. These studios will share information on their latest projects, work culture and what it takes to be part of their team. The individual games associations from Finland, Denmark, Sweden, Norway and Estonia will share insights through live sessions on the booming games industry in their respective countries. Career development topics pertinent to job seekers like – How to have a successful first interview, Creative Portfolio reviews will also be discussed.
Experienced game industry professionals and individuals beginning their careers from around the world are welcome to join the event. One-to-one interviews with the hiring studios can be scheduled through the event platform. A great opportunity to get to know the studios and network with game professionals from around the world.
Participating in the event
As a job seeker attending Nordic Game Talents, take a few minutes to fill out a simple registration form. After filling the registration form you will receive a link to the online event platform – PINE, to join the event on 27th October. Participants joining Nordic Game Talents will also receive a free-of-charge pass to the Nordic Game Conference.
To view the complete agenda, please click here and to learn more about the event please visit Games Job Fair
About Games Factory Talents
A Helsinki-based talent attraction agency dedicated to the games & creative industry. Our services include direct recruitment, organizing game job fairs and managing a community of game industry professionals through our GameDev Talent Board.
To learn more about Games Factory Talents visit – Games Factory Talents
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