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Stark Solutions celebrate 5 years of delivering exceptional SSBT’s
By Ivan Soče, Managing Director at Stark Solutions.
Once upon a time
Like many success stories, our story has started from the garage – to be precise, Stark’s story has started on the balcony.
At that time, Stark was an IT company developing software for betting terminals. Following the company owner’s idea, one of Stark’s employees manages to hand-build our first betting terminal at his balcony.
The rest is history. In the year 2015, the company produced its first terminal, the T-1000. We presented this model in the same year at the ICE London, iGaming and betting must-attend event.
The success story of top-performing terminals
It is important to emphasize that Stark Solutions is part of NSoft’s cluster, which gave it a good starting position from the very beginning. Stark’s first clients were already NSoft’s clients. They have recognized the potential and quality of Stark’s machines and used them for boosting their land-based business. The first clients were from our neighborhood, Montenegro and Serbia. After that, with the first clients from Western Europe, Stark’s expansion began.
At the moment, Stark terminals are entertaining punters on three continents. We are the exclusive suppliers for two Western European state lotteries and work with 30+ clients worldwide. All of this speaks in favour of the quality and highest standards by which our highly skilled welders, locksmiths, and machine engineers produce Stark betting terminals.
The development of the product offering was accompanied by global expansion, so currently, Stark has several models in its product portfolio.
The first model, the T-1000, has won the title of the best terminal on the market. Due to its modularity, customers can choose between three monitor variants and two body types. Separate spheres for money guarantee security and the modern design makes it aesthetically fit into any interior. The T-1000 has been exhibited twice at the prestigious G2E trade show in Las Vegas.
Following the market’s needs, Stark has produced the Wall-T, a terminal model with all the functionality of the T-1000 only in a smaller, three times lighter format. Exceptional technical characteristics, more accessible transport and space requirements, whether mounted on a wall, counter or bracket, make it extremely popular worldwide. Proof of this is the fact that Codere, Real Madrid’s official betting partner, has shown interest in Stark’s Wall-T terminal model and planned to equip their fun zone at the Santiago Bernabéu Stadium with them.
The Stark product range has been complemented by a premium model of the betting terminal called Atom. This model is made exclusively for casinos and hotels. With its flashy external appearance, chrome-plated parts and lights, it brings the world of betting closer to the world of slot games and casinos.
The latest in the Stark family of betting terminals is last year’s novelty, in many ways specific, the D1 desk terminal. We see its full potential in large bet shops, with live betting being the most prominent product. Combined with screens on which it is possible to watch matches live, D1 is an indispensable part of the branch because it allows the player to act faster to change during the game. The screen built into the table, with a hidden body, fits perfectly into any space.
SSBT’s are here to stay
Last year, when the retail business was hit hard due to the pandemic and when operators from the gambling and betting industries switched to online, it was to be expected that our company would suffer certain losses. We beat that odds! The year 2020 was the best year for Stark so far. Last year we capitalised on all our efforts made in the past five years. Tireless investment in quality, performance, appearance came to fruition in the most unexpected time.
In the spirit of the pandemic, the terminals have proven to be exceptionally epidemiologically safe. They can be placed to ensure social distance, and STARK’s betting terminals have screens that are touch-sensitive to latex gloves.
If we consider the fact that the terminals have taken precedence in retail, to reduce operating costs and increase the number of payment points in one branch, we can only say that we are sure that the terminals are here to stay.
Stark’s production capacities are extended to meet the deadlines with current orders and this is promising.
Customization and branding for clients satisfaction
In the past 5 years, we have tried to follow market trends and provide our clients with the best product. Following trends and understanding clients’ real needs has resulted in world-renowned machines.
Our terminals are equipped with parts from exclusively reputable manufacturers from MeiSC Advance bill acceptors to Advantech industrial PC. They are adapted to work on all known software, and built-in special devices leave the easy possibility of additional software upgrades.
In terms of branding, we allow our customers to choose the terminal colour according to their needs. Clients can personalize each terminal with a luminous logo. Depending on the size of the order, it takes 6 to 8 weeks from the day of signing the contract to the delivery of the finished products.
New opportunities and sales growth in the future
This year, judging by the period behind us, we expect further sales growth and an increase in the number of clients.
We will continue to strive to maximize our products by listening to the feedback we receive from customers. On the business side, we have been planning to enter new markets for some time now – a couple of European countries and the North American market. Regarding production, we plan to make a new model of a freestanding terminal.
We will do our best to continue Stark’s positive story for years to come.
Compliance Updates
Brazil’s Ministry of Finance Appoints Régis Dudena as Secretary of Prizes and Betting
Regis Dudena, a seasoned lawyer with expertise in Public and Regulatory Law, has been appointed as the new Secretary of Prizes and Betting at the Ministry of Finance in Brazil. Dudena’s appointment ordinance is signed by Rui Costa, Minister of the Civil House.
The new secretary had already been visiting the Ministry of Finance and getting closer to the entire group at the Secretariat of Prizes and Betting, until then led by Simone Vicentini, deputy secretary.
The appointment of the lawyer is attributed to the Executive Secretary of Finance, Dario Durigan. Dario and Dudena worked together at Palácio do Planalto during Dilma Rousseff’s government.
Both worked in the Legal Affairs secretariat of the Civil House. Dudena’s name is linked to other names on the left. He has good relations with Edinho Silva (PT), mayor of Araraquara (SP).
The SPA started operating two months ago. Since then, it had been without a permanent boss. Lawyer José Francisco Manssur, special advisor to the Ministry of Finance who coordinated the regulation of sports betting from the beginning, was the most likely to take on the position. But he was exonerated under pressure from Centrão politicians.
Bets representatives welcomed the name Régis Dudena.
From the beginning, the SPA was under the responsibility of Simone Vicentini, appointed as deputy secretary. Since then, it has edited the ordinances that defined requirements for laboratory accreditation and the sector’s regulatory policy.
Under her supervision, three laboratories have already been approved, GLI, eCogra, and BMM. Last week, the ordinance establishing the rules for payment transactions to be complied with by sports betting and online gaming operators was also published.
Debra Martin Chase
Gaming and Leisure Properties Appoints Debra Martin Chase to Board of Directors
Gaming and Leisure Properties Inc. announced that Debra Martin Chase has been appointed to the Board of Directors as a new independent director, effective immediately, to fill the vacancy created by the previously disclosed passing of JoAnne A. Epps.
The appointment of Ms. Chase to the Board of Directors brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange. Ms. Chase has also been appointed as a member of the Nominating and Corporate Governance Committee of the Board of Directors, effective immediately. Ms. Chase will hold her directorship until the Company’s next annual meeting of shareholders or until her successor is duly elected and qualified or until her earlier death, disqualification, resignation, or removal.
Ms. Chase is the founder and Chief Executive Officer of an entertainment production company doing business as Martin Chase Productions. She is a two-time Tony Award winning, a Peabody Award winning, and three-time Emmy nominated television, motion picture, and Broadway producer. Ms. Chase is an entertainment industry trailblazer, being the first female African American producer to have a deal with a major motion picture studio. Her films have grossed over $500 million at the box office. She brings to the Company over 30 years of experience in motion picture and television production as well as a corporate legal background.
Peter Carlino, Chairman and Chief Executive Officer of GLPI, said: “I am delighted to welcome Debra to our Board as we believe her extensive entertainment industry experience, impressive legal background and broad board experience across public companies and the arts will serve GLPI well as we continue to drive growth in shareholder value. She brings a wealth of knowledge to GLPI, which we believe is a perfect complement to the existing strengths of the Board. I am confident that she will help expand the diverse set of viewpoints that ultimately shape our mission.”
Industry Awards
Gibraltar Gambling Commission Attends International Olympic Committee and UEFA Workshop
A representative from the Gibraltar Gambling Division, who specialises in sports integrity matters, has attended a high- level workshop hosted jointly by the International Olympic Committee and UEFA at Olympic House in Lausanne Switzerland. The cost of the trip was funded by the international sports governing bodies.
With both the Olympics and the Euros being held later this year, the meeting was an opportunity for all stakeholders, including gambling regulators in a number of jurisdictions (including Gibraltar) to discuss a coordinated strategy to identify suspicious betting activity and to prevent match (competition) fixing on a proactive basis.
In 22/23, the Gambling Division received 42 betting integrity reports from gambling operators, 13 requests for assistance from the Olympic movement Unit of the Prevention of Manipulation of Sports competitions and was involved with a large number of disseminations to domestic and international sports governing bodies (including FIFA and UEFA); as well as engagement with law enforcement authorities.
Last month, the GFA hosted a UEFA Seminar on match fixing in Gibraltar which was also attended by representatives from the Gambling Division.
Gibraltar Gambling Commissioner Andrew Lyman said: “Sports integrity work and liaising with stakeholders on match fixing is an important, but often unseen part of our work. Operators are obliged to report suspicious activity in this area and the Gambling Division applies its expertise to enhance intelligence and support the lawful flow of information to the appropriate authorities, including sports governing bodies, for further investigation.
“The manipulation of sports competition by spot fixing or match fixing undermines the very essence of fair and unpredictable sporting outcomes. The forthcoming Gambling Bill will introduce a criminal offence of cheating at gambling which will serve to further deter such activity.”
The post Gibraltar Gambling Commission Attends International Olympic Committee and UEFA Workshop appeared first on European Gaming Industry News.
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