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OKTO takes on Betting on Sports with suite of mobile payment solutions

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OKTO Group, the financial technology provider specialising in digital payment and player engagement applications, will be showcasing the latest wave of gaming payments disruption at next week’s Betting on Sports in London.

OKTO’s commercial team will be at stand #R18 during the prestigious event, which takes place from the 17th to 20th September at Kensington Olympia, to demonstrate how the company’s mobile-centric payment solution for gaming can drive player engagement and cut transaction costs for operators.

The company’s director of gaming, Simon Dorsen, will be also kicking off the first panel discussion of the associated Payments Expert Forum on September 18th, tackling the future relationship between retail betting and fintech.

With years of experience in both the payments and betting industries, Dorsen, who was recently appointed to build on the success of OKTO’s digital banking, mobile payment and retail products in Europe, will be unpacking the impact of financial technologies on consumer gaming interactions.

The Athens-based fintech firm is harnessing the mobile-based payments revolution by bridging the gap between the retail betting and payments experience. Its unique products provide a seamless journey across multiple player channels, as well as add-on loyalty and promotional functions that deliver a player-retaining service.

With experience in directly operating an established network of 5,000 points of sale across multiple jurisdictions and processing transactions reaching up to €1 billion, the payment service provider is well positioned for continuing its rapid growth in the region.

Commenting on OKTO’s plans for European expansion, Simon Dorsen, Director of Gaming at OKTO, said:

“Betting on Sports has a fantastic reputation as an event which opens real business opportunities and our attendance this year will no doubt be the start of some exciting partnerships. We can’t wait to demonstrate how our innovative solutions not only reduce cash handling costs for operators, but also speed up the flow of transactions and deliver a better player experience.

“I’m particularly looking forward to joining a lively discussion on how fintech can transform the retail betting experience – a topic very close to us at OKTO.”

 


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: OKTO takes on Betting on Sports with suite of mobile payment solutions

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New Report Finds Maryland Gaming Delivers Positive Economic and Social Benefits to Communities, Promotes Responsible Gaming

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American Gaming Association kicks off Responsible Gaming Education Week with Get to Know Gaming event at MGM National Harbor

The Maryland casino gaming industry supports small businesses, strengthens communities and provides good jobs that pave a path to the middle class, according to new American Gaming Association research released today at a Get to Know Gaming event at MGM National Harbor.

AGA’s newest report, Casinos & Communities: Maryland, offers a narrative look at the gaming industry’s economic and social contributions to communities in the Free State. The research couples key data on gaming’s economic impact—15,364 jobs supported and $713 million in wages generated annually—with testimonials from local business owners, nonprofits and elected officials about gaming’s positive impact in their communities.

“Maryland’s six casinos are driving tremendous opportunity for communities across the state. As a native Marylander, it is remarkable to see how fast this industry has grown and, at the same time, supported the communities where they operate,” said Bill Miller, president and chief executive officer of the American Gaming Association.

AGA’s Get to Know Gaming campaign engages local leaders in a discussion about the critical role gaming plays as a community partner. The event also kicked-off Responsible Gaming Education Week, taking place Sept. 15-21, with perspectives on responsible gaming programming and resources available to Maryland gaming operators, casino employees and patrons throughout the state.

“I’m pleased to be in Maryland today to kick off the 22nd annual Responsible Gaming Education Week and highlight the state’s efforts in this essential area,” Miller added. “This week serves as an opportunity to highlight gaming’s unwavering commitment to responsible gaming and, importantly, promote transparency and gaming literacy to customers.”

Monday’s Get to Know Gaming roundtable panel included U.S. Rep. Anthony Brown (MD-04); Mary Drexler, program director at the Maryland Center of Excellence on Problem Gaming; Melonie Johnson, president and chief operating officer of MGM National Harbor; Bill Miller, AGA’s president and chief executive officer; and small-business owners William Parker of the Parker K-9 Group and Carla Truitt of Be Clean Cleaning Services, Inc. Former Prince George’s County Executive Rushern Baker III moderated the discussion.

Background

  • August 2019 was the fourth best month ever for gaming revenue for Maryland’s six casinos.
  • The Greater Baltimore-Washington D.C. commercial gaming market is now the fourth largest in the United States.
  • Gaming revenue in the Baltimore-Washington, D.C. market has more than tripled since 2011, sparking economic growth that extends across the state of Maryland.

 

About Responsible Gaming Education Week:

The American Gaming Association and its members prioritize responsible gaming as an integral part of our industry’s daily operations. Responsible Gaming Education Week (RGEW)—Sept. 15-21, 2019—provides an opportunity to showcase our dedication to responsible gaming programs. It also provides a specific opportunity to refresh employee training, promote transparency and gaming literacy to customers and work with community partners on advancing responsible gaming initiatives.

About AGA:

The American Gaming Association is the premier national trade group representing the $261 billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, gaming suppliers and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming’s modern appeal and vast economic contributions.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New Report Finds Maryland Gaming Delivers Positive Economic and Social Benefits to Communities, Promotes Responsible Gaming

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BetCity Becomes the Russian Betting Partner of AS Monaco

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Russian betting company BetCity has become the official exclusive Russian betting partner of AS Monaco football club for the following two seasons.

BetCity is a Russian betting company whose live sports betting platform offers the possibility to bet live on a huge variety of sports. In 2018, AS Monaco entered China with the adapted website and official accounts on 4 different platforms.

AS Monaco attracts the attention of international partners and is currently supported by Yabo Sport in the Asian region, luxury Italian brand Phillip Plein, while BetCity will become the first official regional partner in Russia, one of key markets for the club.

“We are very happy to bring the Club closer to our Russian fans through our partnership with BetCity, famous sponsor of CSKA Moscow. Russia is a key market for us, and we are convinced that this collaboration will contribute to the development and consolidation of our relationship with Russian sports lovers. AS Monaco and BetCity will take a step forward to achieve common ambitions and join forces in the digital area to provide interesting and exclusive contents for the fans. We will also bring the opportunity for BetCity clients to discover and enjoy VIP experiences on Stade Louis-II here in Monaco. It’s an exciting new adventure,” Juli Ferré Nadal, Commercial and Marketing Director of AS Monaco said.

“I hope this is the start of a lasting collaboration between AS Monaco and the sports betting company BetCity, where we aim to join our forces to add to the development and promotion of football in both countries. We are very honored to partner with AS Monaco, such a well-renowned European football club and see the interest they expressed in working with us. BetCity has long been involved in the development of Russian football in close collaboration with the popular football club PFC CSKA Moscow. The new partnership will allow us to reach the new level in today’s world football. We are convinced that AS Monaco will help us effectively accomplish the most ambitious projects and marketing-related targets,” Sergey Samsonenko, President of BetCity said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: BetCity Becomes the Russian Betting Partner of AS Monaco

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GES Installs Poker Jackpot and Management System at Skycity Adelaide

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Gaming Entertainment Systems has installed its Poker Jackpot and Management System at Skycity Adelaide in New Zealand. Skycity Adelaide is the first customer to use the High Hand Bonus feature which awards a fixed prize for the highest poker hand achieved during specific time periods. The players are also offered a Royal Flush Jackpot.

“GES and Skycity Adelaide have worked closely together to deliver an integrated poker management solution including jackpots, bonusing, cash game management, waitlist and tournament functionality,” Simon Witty, GES’ managing director said.

“We are delighted to be able to enhance our poker product with unique features including a Royal Flush Jackpot and High Hand Bonus, both of which have proved very popular since launch. The GES system installation was flawless and their customer support has been outstanding,” Ash Azad, Skycity Adelaide’s general manager for table games said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: GES Installs Poker Jackpot and Management System at Skycity Adelaide

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