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Nebulas Partners with WeOne to Accelerate Global Esports Growth on the Blockchain

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Nebulas Partners with WeOne to Accelerate Global Esports Growth on the BlockchainReading Time: 2 minutes

 

Nebulas.io (NAS), the globe’s leading next-generation public chain, and WeOne (CKR), a Singapore-based esports blockchain tournament and gaming platform, agreed to collaborate (NAS-CKR) on September 28th, 2018, towards revolutionizing the esports & gaming industry and bringing further maturity to Nebulas’ ecosystem. 

 

Nebulas, a public blockchain with the goal of creating a continuously improving ecosystem, and WeOne, a decentralized next-generation platform proving unprecedented, multi-dimensional gaming experiences, have signed a strategic partnership to promote the mainnet development for Nebulas and continue to foster esports growth.

The esports industry has rapidly increased in popularity over the past years, particularly in Southeast Asia, where the number of enthusiasts is expected to reach 20 million people by 2019.

Cooperation
Nebulas and WeOne will be closely collaborating on a variety of projects. Nebulas will assist with aspects related to the planning, development, and marketing of the WeOne platform.

Due to the partnership, WeOne dApps will have the ability to evolve on Nebulas’ flexible blockchain, and anchor dApps will be released on the Nebulas public chain to cement the building blocks of the WeOne platform. This influx of dApps onto the Nebulas public chain will help nurture and accelerate the growth of the entire ecosystem.

Recently, Nebulas was ranked as one of the best blockchain projects by the Global Public Chain Evaluation via CCID Research. Its technological advantages have helped secure a number of partnerships with influential companies.

WeOne is an official partner of XiGu Group, and the WeOne token, ‘Chakra’, has been appointed to be the official currency of YuuGames, China’s largest esports event organizer. YuuGames currently has millions of members across 140,000 gaming cafes in the country.

Significance
The official NAS-CKR partnership will help build bridges across different industries to further facilitate the growth of the wider esports industry. Its inclusion as a competitive activity at the 2022 Asian Games has created a massive opportunity for collaboration and growth within the esports sector.

The NAS-CKR partnership will only accelerate the development and creation of a gaming and esports ecosystem that is reliable, immutable, and efficient.

Conclusion 
Collaboration between both projects through the NAS-CKR partnerships will help each platforms expand in their capabilities. The creation of a gaming and esports ecosystem built on decentralization will not only benefit the gaming industry at large, but will also help positively promote blockchain technology in the public sphere.

Source: Latest News at European Gaming Media

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great SuccessReading Time: 1 minute

 

The EGT Global Jackpot’s integration with Winbet and Club King has achieved success through offering entertainment and winnings for both operators and players.

The operators’ success and players’ entertainment are always the core objectives of EGT sales, development and production teams. When innovation joins these approaches, EGT solutions are the reliable choices for winning businesses.

EGT supports the operators to make proposals to its customers they couldn’t refuse, with the integration of the EGT Global Jackpot into their gaming halls. Global Jackpot is developed to connect all slot machines and any type of roulette from all locations of operators across the country. Thus, the total bet generates the possibility of higher winnings compared to those offered by the local jackpots.

At Winbet, the Global Jackpot has been functional since March this year and has brought multiple winnings to the luckiest players. Recently, Club King has also integrated the Global Jackpot in favour of top entertainment and winnings for both operators and players.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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New York State Lottery Reports Record Revenues for the 2018 Fiscal YearReading Time: 1 minute

 

The New York Lottery has recorded $8.2 billion in sales for the state fiscal year that ended in March 31, 2019. That includes sales from Powerball, Jackpot, Mega Millions, Scratch Off, Quick Draw and other games, plus revenues generated by the state’s licensed video lottery locations.

The video lottery net win for the 2018-2019 fiscal year was $2.08 billion, third largest in the world behind two Italian lottery operators. The combined sales and net win earnings for the last fiscal year are a new record for the New York Lottery. The New York Lottery generated $3.47 billion in aid designated to support the state’s schools.

The lottery revenues are distributed to school districts according to the same formula used for state aid. A larger, poorer district will receive a higher percentage than a smaller, more affluent one. Lottery contributions account for 13% of all state aid to education for 2018-2019.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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Spillemyndigheden Introduces Whistleblower Scheme

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Spillemyndigheden, the Danish industry regulator, has launched a new whistleblower scheme for the employees of gambling operators who wish to report evidence of money laundering.

Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form which will then trigger a legal investigation. All submissions will be encrypted to ensure that submissions are secure.

In April, Spillemyndigheden has blocked access to 25 gambling websites after petitioning the country’s telecommunications providers. Danish internet providers have now been obliged to block access to ten igaming sites, in addition to 15 skin betting websites.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spillemyndigheden Introduces Whistleblower Scheme

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