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Slovakia to greet online gaming in July 2019

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Slovakia to greet online gaming in July 2019Reading Time: 1 minute

 

Slovakia’s parliament has passed the new gambling act prepared by the Ministry of Finance, which will open Slovak market for foreign operators, including operators with a registered office outside of Slovakia.

An online betting license will cost €3m. The same amount will have to be paid as fee for online casino license. If an operator applies for both, there will be reduction as the combined cost will only be €5m.

The new act should become effective on March 1 2019, except for some provisions which will be effective as of 1 June 2019.

As per the bill, a new gambling regulator, the Office for Regulation of Gambling, will come into effect. Currently, the Ministry of Finance is acting as Slovenia’s gambling regulator. The functioning of the regulator will be bankrolled by a tax on lottery operator turnover of 0.7 per cent of gross gaming revenue in the case of operators of other games.

Foreign operators will need to have a representative in Slovakia who will need to register with the Office and communicate with the Office on behalf of the operators.

Whilst currently, only the state monopoly holds the online licence, the new set up will see the state monopoly only apply to numerical lotteries, special bingo and receipt lotteries.

Online betting licences and online casino licences will last for 10 years, although for a combined land-based and online casino licence, the maximum licence period is five years with an option for an additional five years. Licences for online casinos will be issued from July 2019 with applications needing to be filed on or after 1 March 2019.

Any operators who were issued with a Blocking Order under the old Gambling Act will remain blocked under the new licensing regime.

Source: Latest News at European Gaming Media

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Week 50 slot games releases

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Week 50 slot games releasesReading Time: 4 minutes

 

Check out this week’s latest slot releases from across the industry!

 

First up we’re gonna sail to glory in Blueprint Gaming’s Vikings Unleashed Megaways™! Set in the hazardous waters of the North Sea, Blueprint’s latest release sees the fearsome Viking warriors unleash their fury onto the reels, with 117,649 ways to win thanks to the MegaWays™ mechanic, under licence from Big Time Gaming.  “Players will need to be fearless in the face of battle in our latest slots release, Vikings Unleashed Megaways™. – said Jo Purvis, Director of Marketing and Relationships at Blueprint Gaming.

 

 Blueprint Gaming’s Vikings Unleashed Megaways™

 

This week Konami Gaming, Inc. announced the launch of its Concerto Opus cabinet following documented success at trial locations. “Konami has hit the jackpot on the new Opus cabinet. With the large single screen display, the graphics and bonus rounds really provide our players with an exciting experience,” – added Stacey Young, vice president of slot operations at Motor City Casino Hotel in Detroit, Michigan.

Konami's Big Screen Opus Machine slot

 

 

NetEnt released a super sci-fi slot called: Wild-O-Tron 3000 !Set in a 1960s robot lab, Wild-O-Tron 3000TM is a science fiction-themed video slot that transports players to a time when the genre was popularised. “Packed with cyborgs and transforming robots, Wild-O-Tron 3000 will resonate with sci-fi fans and gamers that love stacks and Wild symbol driven games,” – commented Bryan Upton, NetEnt Director of Game Products.

NetEnt's super sci-fi slot Wild-O-Tron 3000

 

 

We’re gonna explore the Russian folklore with the help of Quickspin in their latest slot: Ivan and the Immortal King! The video slot takes players back into the enchanted past of ancient Russian folklore.

Quickspin - Ivan and the Immortal King slot

 

 

Wazdan’s 19th HTML5 game release of the year, Slot Jam, is packed with fruity goodness. This is another new generation slot from the innovative slots-manufacturer which is attracting the attention of all the top operators and aggregators. Slot Jam showcases Wazdan’s world’s-first Volatility Levels™ that allow players to set the game to a low variance where the game has more frequent but smaller wins.

 Slot Jam from Wazdan

 

 

With Endorphina’s latest releases back to back, they definitely now how to keep us all on our toes. With this latest Lucky Streak 2 release, the ice and snow in these winter days can’t compete with Endorphina’s fire and hot wins! This game is absolutely perfect for those players who prefer easy game mathematics and some juicy and fruitilicous wins.

Lucky Streak 2 slot

 

 

Realistic Games is offering players the chance to explore the enchanted forest with its exciting new slot, Spin Dizzy. Filled with woodland magic including toadstools, pots of gold, and four-leaf clovers, the game promises to keep players spellbound with its mysterious features.

Realistic Games Spin Dizzy slot

 

 

Microgaming takes players to a world filled with magic and enchanted riches with Book of Oz slot! Brimming with fantasy, magic and adventure, the game welcomes players into a world filled with enchanted riches. Featuring Wilds, Scatters, Free Spins and Re-Spins, the fantasy themed slot encompasses whimsical art and captivating symbols. “We are extremely excited to release Book of Oz, our fifth game this year under the Triple Edge Studios brand. This has been the most fun we’ve had developing a game and the Re-spin feature is a brilliantly fun addition.” – explained Brendan Walton, Design Lead at Triple Edge Studios.

Microgaming's Book of Oz

 

 

Blockchain casino platform provider FunFair Technologies, is setting sail on the high seas in search of pirate plunder with the release of its newest title Bounty on the High Seas. Bounty on the High Seas sits alongside FunFair’s growing portfolio of smart-contract based games, including Fate of Thrones and Treasures From the Crypto, offering the same high-spec animation, mechanics and audio that players have come to expect from a FunFair title.

 FunFair's Bounty on the High Seas

 

Bgaming will make slot players smile broadly with their slot release: Bob’s coffee shop! The idea of the slot totally inspired by the famous Amsterdam coffeeshops, if you have ever been to Amsterdam and it’s your favorite place in the world, Bob’s Coffee shop will definitely be the “love at first sight”. The game runs on an HTML framework, supports cryptocurrencies and fiat currencies.

Bgaming-Bob’s coffee shop

Source: Latest News at European Gaming Media

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Online sports betting legalized in Brazil

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In a significant development in South America, the continent’s largest country Brazil has passed a bill to legalize sports betting in the country. President of Brazil Michel Temer passed Bill MP 846/2018  to effect income redistribution from federal lotteries and legalize online sports betting.

The new bill will offer directions on how to divide the revenues from lotteries among the Culture, Sports and Security portfolios.

It should be noted that the bill observes a two-year term for the Ministry of Finance to regulate the conditions needed for the exploitation of online sports betting through licenses, and estimates that the annual collection reaches USD 255M for Public Safety, USD 161M for Sports and USD 113M for Culture.

For several analysts, the approval of this law represents a great victory for the sector and a possible first step for the regulation of all types of games of chance. Currently, two projects are waiting to be analyzed by Congress; although the new authorities headed by the elect president Jair Bolsonaro do not seem to be particularly predisposed to a wider opening of the game in the country.

Source: Latest News at European Gaming Media

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GAN plc: New Jersey’s online gambling revenue rises in November

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GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, updated the market following the publication on December 12, 2018 by the New Jerseys Division of Gaming Enforcement (DGE) of Internet gaming and Internet sports betting financial information for the calendar month of November 2018 in New Jersey.

According to the latest financial report of the New Jersey’s Division of Gaming Enforcement,  online gaming win for November in was $26.9 million in November, which represents a 30.7% hike year-on-year.

The total revenue from internet sports wagering was about $238.6 million for the month of November 2018, a rise of 36.8% from from the previous month.

Sports wagering gross revenue was $21.2 million, $11.7 million more than the previous month’s revenue.

GAN is a leading business-to-business (B2B) supplier of internet gambling software-as-a-service solutions (SaaS) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK„¢, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

Source: Latest News at European Gaming Media

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