gaming
OKTO sign cashless payments partnership with Bob Rudd to further grow market share
OKTO is swiftly establishing itself as UK gaming’s cashless payments provider
London, 07 October 2021 – OKTO the leading digital payment solutions provider, is swiftly establishing itself as UK gaming’s cashless payments provider of choice following the announcement of a progressive partnership with the respected independent operator Bob Rudd.
Following a strategic partnership with Inspired Entertainment and Merkur UK Subsidiary Regal Gaming and Leisure, this latest agreement with Bob Rudd will extend the brand’s position in the UK as the ubiquitous cashless payment method available directly on gaming machines via OKTO.WALLET to a leading 60% share of the pub’s machine market.
Simon Dorsen, Chief Commercial Officer at OKTO, believes this latest partnership is a testament to the appeal of what is widely recognised as the leading safe and seamless cashless solution.
He explained: “We are honoured to collaborate with Bob Rudd and our agreement is a fantastic way to prepare for the trade show season starting with ACOS later this month. The team at Bob Rudd had to be convinced that our solution would meet the highest requirements of their PubCo customers and most importantly those of machine players.
We were able to demonstrate a solution that provides consumers with a cashless app that not only works on gaming machines but also extends across the payment ecosystem. There’s no doubt that the UK population has embraced the cashless revolution and the OKTO.WALLET provides them with an experience that puts gaming on a level playing field with the rest of the high street. In essence, the partnership secures broader payment options for consumers enabling them to quickly deposit and withdraw funds on gaming machines in a safe, transparent, seamless, and trouble-free way courtesy of the OKTO mobile app.”
Simon Broadbent, Head of Gaming & Operations at Bob Rudd stated: “Working with OKTO will complement our existing contactless & cashless solutions. Being independent, we want to ensure that our customers and consumers have access to all products in the marketplace.
The acceleration in cashless and contactless payment solutions over the last 12 months has been well documented and one of our business philosophies has always been to drive innovation and embrace new technology to help develop increases in cash box and the customer experience. OKTO is a key partner for us in helping to fulfil this, not only from a business perspective, but also in terms of social responsibility and safer gambling, both of which are crucial to helping move the industry forward as a whole.
As a truly independent operator with access to all products in the marketplace, we are excited about the possibilities OKTO.WALLET offers as a cashless solution and look forward to implementing the roll out across our Category C machines throughout October.”
FreezeNova
10-15% Of Gamers In Florida Show Signs Of Gaming Addiction: Here Are 10 Signs Your Kid Is Suffering From It (And How You Can Help)
Recent studies indicate that 10-15% of young gamers in Florida exhibit signs of gaming addiction. These findings underscore the need for early identification of symptoms to prevent negative impacts on children’s mental and physical health. Gaming addiction, if not dealt with, can lead to poor academic performance, social withdrawal, and even health problems.
Marin Cristian-Ovidiu, CEO of FreezeNova, discusses key indicators of gaming addiction and offers practical advice for parents.
Recognizing Early Signs
“Early recognition of gaming addiction is crucial in preventing long-term negative outcomes,” Marin explains. The following signs can help parents identify if their child might be developing an addiction:
Exhaustion and Irritability
Constant tiredness and grumpiness during the day could indicate late-night gaming sessions interfering with sleep.
Gaming Obsession
If gaming dominates your child’s thoughts and conversations, and they plan their day around it while neglecting other responsibilities, it could be a sign of addiction.
Decline in Academic Performance and Lost Interests
A noticeable decline in academic performance or loss of interest in previously enjoyed activities may suggest your child is prioritizing gaming over more important tasks.
Emotional Volatility
Extreme emotional reactions to in-game outcomes, such as uncontrolled anger, known as ‘Gamer Rage’, or intense celebrations, could indicate an unhealthy attachment to gaming.
Physical Strain
Signs of repetitive strain injuries like ‘Gamer’s Thumb’ or ‘Nintendo Neck’ from prolonged screen time are warning signals.
Neglecting Basic Needs
If your child is neglecting basic needs like eating, sleeping, or hygiene to keep playing, gaming has likely taken an unhealthy control over their life.
Creating a Supportive Environment
While video games can be a great source of entertainment and connection, around 70% of people with signs of gaming addiction also experience social disorders. Marin recommends a few tips for building a supportive and open environment for your child.
Teamwork and Setting Boundaries
“Parents and children should work together to create a healthy gaming environment. Gaming addiction requires a holistic approach,” Marin advises. Start by setting clear boundaries on gaming time to ensure there’s room for schoolwork, chores, and quality family time.
Revisit activities your child once loved, like football practice or exploring new hobbies together. It’s vital for your child to take breaks from screens, so create a balanced daily routine that includes homework, chores, exercise and just some gaming time. This allows your child to enjoy their games without neglecting other aspects of their life.
Open Communication
Maintain open communication. Discuss the games your child enjoys and any concerns you might have. By understanding their world, you can work together to find solutions.
Remember, you’re not alone. If you feel overwhelmed, seek professional help from specialists in gaming addiction. Marin concludes, “By working as a team, setting clear boundaries, and fostering open communication, we can help your child develop a healthy relationship with gaming and thrive in all areas of life.”
SYNOT Games has announced that more than 140 of its games have now been officially certified in Brazil.
“We are delighted to announce that more than 140 of our games have now been officially certified in Brazil. This significant achievement allows us to expand our reach and introduce a diverse selection of games to this dynamic market. Brazil represents a key opportunity for growth, and we are committed to delivering exceptional gaming experiences to the Brazilian audience,” the Company said.
“We are thrilled to introduce our portfolio in Brazil, offering innovative and engaging gameplay that promises to captivate and entertain players,” Martina Krajci, CCO at SYNOT Games, said.
gaming
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Age verification to limit real money play to users 18 and older
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Proper identity verification (Know Your Customer or KYC)
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Location verification of customers
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AML policies to ensure proper transaction monitoring
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