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Slovakia to greet online gaming in July 2019

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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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Graphyte Launches Intelligent Layouts

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Personalisation platform Graphyte has launched its new product Intelligent Layouts, which enable the operators to deliver completely personalised web and app experiences for every customer.

With Intelligent Layouts, operators can automatically tailor every element of its offering to each player’s preferences, leading to an entirely unique mobile and desktop site layout for every customer.

“When we started Graphyte, our mission was to create the technology to change the one-size-fits-all model so prevalent in betting and gaming, to a one-size-fits-one model that seems so natural and obvious in other sectors like e-commerce. With Intelligent Layouts, we’ve built the capability for every operator to make the experience unique for every one of their customers,” Damien Evans, co-founder of Graphyte said.

“As an operator, you’ll know that every part of your site is tuned to the preferences of each player – all updated and managed in real time. As a player, the experience is transformed, the games and product categories you like to play (or those that you are very likely to enjoy) are always front-and-centre, and it doesn’t stop there: promotions you might have missed, new game launches and events and price boosts in sports can all be brought to the fore with Intelligent Layouts. It’s incredibly powerful and the early results we’ve seen from operator trials have been extraordinary,” Damien Evans added.

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: Graphyte Launches Intelligent Layouts

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GVC Launches Skywind Content on Ladbrokes, Coral and Gala Brands

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GVC has launched the gaming content of Skywind Group on its Ladbrokes, Coral and Gala brands. Earlier in the year, GVC launched the Skywind games on the bwin, PartyCasino and Sportingbet brands in selected regulated markets.

Through this expansion of the partnership, GVC’s customers will now be able to enjoy cutting edge content from Skywind’s huge portfolio of over 200 games. GVC will also integrate Skywind’s unique Bonus Coins reward, Daily, Must-Go and innovative Split jackpots among a range of other player engagement tools.

“We are delighted to extend our collaboration with Skywind who are a hugely valuable and innovative partner. Our mission is to provide our customers with nothing short of the most engaging and comprehensive portfolio of games available anywhere in the market. The launch of this exciting content is another important milestone on that journey,” Paris Anatolitis, GVC’s Marketing Director for Casino said.

“Partnering up with GVC is the natural step for us in entering regulated gambling markets around the world. In just over six months, we have managed to build a strong partnership, rolling-out our premium video slots games at bwin, PartyCasino and Sportingbet, across markets. I am excited that Ladbrokes, Gala and Coral players will now also be able enjoy the many proven engageable games we offer,” Oren Cohen Shwartz, Managing Director of Skywind said.

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: GVC Launches Skywind Content on Ladbrokes, Coral and Gala Brands

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Blackstone Group to Buy Bellagio and MGM Grand

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Blackstone Group is going to buy the Bellagio and the MGM Grand, two of the biggest properties owned by MGM Resorts. Blackstone is in talks with MGM Resorts regarding this.

After buying, Blackstone would then lease the property back to MGM Resorts, who would continue to run the day-to-day casino operations.

By selling the property to Blackstone, MGM would free up needed capital to build a $10 billion resort in Japan. Early estimates have MGM receiving roughly $7 billion for the two casino resorts.

Blackstone has made a splash in the gaming market over the last several years. It purchased the Cosmopolitan Las Vegas in 2014 for $1.73 billion and acquired Spain-based Cirsa Gaming Corp in 2018 for $1.8 billion.

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: Blackstone Group to Buy Bellagio and MGM Grand

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