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Bacta app is making swift progress with industry invited to see for itself at ACOS

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Bacta app is making swift progress with industry invited to see for itself at ACOSReading Time: 4 minutes

 

Bacta Vice President Greg Wood provides an update on the JV struck in the summer with payments specialists Polar Moment and provides a taster to what the industry can expect to see on the newly formed Game Payment Technology stand at ACOS.

It’s two months since you received the green light from National Council for the JV – can you update us on what you’ve been working on and what’s been achieved in the first 60 days?
We’ve been involved on a number of concurrent work streams. In terms of product development the guys at Polar Moment and Reflex have been working extremely hard and have achieved amazing things in what is a short time frame. The whole backend is now fully developed to production level in terms of being fully secure and scalable, with a fully operational digital wallet. The front end user app is in final testing stages and we will have completed all the finishing touches to the User Interface by the end of October.
We will be using an additional piece of hardware to enable the machine which has been developed and designed for production. This is now complete and we will have the first version of the Solution in machines at Reflex and Polar Moment by the end of October to enable us to complete full end-toend testing of the whole system in a fully live environment.
Banking and compliance is a big area. Not only have we taken into account the social responsibility requirements of the Gambling Commission but also the compliance requirements of the Financial Conduct Authority, payment processors and the banks all of whom require us to pass compliance testing and ensure that we have the correct processes in place. Polar Moment has been able to provide the insight to make this process seem effortless.

What’s the make-up of the board and what do the individuals bring to the table?
We have incorporated a new company – Game Payment Technology – which has a board comprising three people from each side of the JV. From Polar Moment, Paul Deedis is the technical lead, John Rozek brings all the knowledge and skills required for banking compliance and Tim Stratton, one of the founders of Polar Moment has over 30-years experience in the sector. From the bacta side Robert Gibb is heading up the finance in the JV and dealing with legals and Quentin Stott from Reflex brings a manufacturing perspective which has enabled us to move very quickly getting the product integrated. Having headed up the cashless committee within bacta for two years I was also asked to sit on the board. Being an operator I am able to bring this perspective to the development, combining technical knowledge with insight on the process for collections and accounting for cash. Overall I think we have a strong team which boasts detailed knowledge of each sector and I’m pleased to say it’s working extremely well.

How does the new company interface with bacta and can members feed into the JV with their own ideas, observations and experiences?
As all the bacta members on the board are also members of Mancom there is a high level of interface with the trade association and progress reports are issued every month. Updates are also made to each of the bacta Divisions and to National Council. Moving forward there will be opportunities for members to interact via these forums. As bacta members will be the main customers their feedback will be integral to the success of the venture.

What is the gestation period from where you are now to having a fully functioning app working throughout the various gaming verticals?
We hope to be fully operational on site with a shake down test by early November. This will be a four site test run conducted over an eight week period. From there we will move to a wider test with a number of different operators. In the first instance the solution will only be available to the pub market but given the design of the system it can be easily integrated into most machines with some changes to the machine operating system. We will soon be publishing the specification for this which will be circulated among all manufacturers.

How has the Gambling Commission responded to the initiative?
The Commission has been positive in its approach to app payment systems generally. Their published guidance on what is and what isn’t acceptable in their interpretation of the law means that we have defined and specific requirements to work with. To keep them fully informed we have invited representatives of the Gambling Commission to visit us at ACOS for a full demo of the system. From a social responsibility perspective the app will deliver much more control than cash and the team will be implementing a number of features. For example the app will have a default weekly deposit limit that will take 24 hours to change. We will also have a cooling off option that will allow the player to restrict their gaming access through the app. There are also a number of other initiatives that we will be incorporating into the system, but at this point we don’t want to publicise them.

What are the biggest hurdles and how do you plan to overcome them?
Given the way our project is structured most of the complex parts of the development, speaking both technically and operationally, have already been dealt with very effectively. That is not to say that everything has been easy, but the outcome has always been achievable. The area that we believe is going to represent the biggest challenge is educating the enduser and driving uptake. We do however have strategies under discussion to deal with this, so wait and see!

What presence will you have at ACOS and what’s your message to the industry ahead of the show?
Game Payment Technology will have a dedicated stand at ACOS and there will also be GPT enabled machines on the Reflex stand. We will be able to provide visitors with a full overview of the system and a live demonstration. Our message to the industry is that this solution is not designed to be a replacement for cash, but is to facilitate the consumers who would rather play by means other than cash. In our modelling we haven’t assumed any uplift will be driven by deploying the app, but instead we view it as a means of keeping the customers that we currently have. If we are able to pick up more players this will represent a significant added bonus.

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: Bacta app is making swift progress with industry invited to see for itself at ACOS

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DappRadar partners with EverdreamSoft to launch first blockchain game ‘Spells of Genesis’ on Ethereum

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DappRadar partners with EverdreamSoft to launch first blockchain game ‘Spells of Genesis’ on EthereumReading Time: 2 minutes

 

Helping to drive adoption of blockchain gaming and NFT collectibles.

Geneva-based EverdreamSoft, pioneers in the use of blockchain technology in gaming since 2014 today announced their plan to integrate the Ethereum blockchain into their flagship game “Spells of Genesis”.

In 2017 Spells of Genesis allowed users to convert in-game cards into blockchain-based digital assets and export them into their own digital wallets.

EverdreamSoft was the first gaming studio to offer such features and Spells of Genesis is currently playable on iOS and Android with around 1.3k active monthly users.

Ethereum-based games and associated collectibles have generated strong communities that eagerly await new and innovative projects and in 2019 the Ethereum games and marketplaces categories accounted for 50% of overall daily active users, showing total growth of 195%.

Crystal Spark

Thanks to a collection of open-source software – Crystal Spark – EverdreamSoft can easily gather data from different blockchains and present them to the players in a unified and simplified way, no matter the chain. EDS believes that this approach will help the NFT community grow and bring new, less tech-savvy users into blockchain gaming.

Why is Spells of Genesis important?

As the first blockchain-based game ever made, Spells of Genesis combines trading card game (TCG) functionalities with the point-and-shoot aspects of arcade games and has arguably inspired other decentralized TCGs that have seen great success with Ethereum game projects.

Collect, trade and combine to build the strongest decks

Players have to collect and combine cards to create the strongest deck in order to fight their enemies in a series of battles with two types of card used: in-game cards and blockchain cards.

Players who have fused four cards together and leveled up the fused card to its maximum power will be able to export it from the game into their own digital wallets.

Spells of Genesis will release the first round of exclusive NFT collectibles in mid-February and have plans to launch on Ethereum in mid-2020. For now, the game can be played on iOS and Android devices.

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: DappRadar partners with EverdreamSoft to launch first blockchain game ‘Spells of Genesis’ on Ethereum

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Hipther Agency welcomes Andrada Bota as B2B Sales Executive

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The team at Hipther Agency (parent brand for European Gaming Media and Events / PICANTE Media and Event), leading media/news organization and boutique-style conference specialist, is excited to announce that starting 2020, Andrada Bota will take on the role of B2B Sales Executive.

Andrada is an energetic person, who brings a wealth of experience ranging from Customer Care, Accounts Payable, Accounts Receivable and Marketing at international companies such as EXL or Genpact.

She is now in charge of all B2B sales activities at all Hipther Agency brands, among which advertising on several news outlets owned by the company and also caters for the events/conferences department.

Among the company-owned brands, you can find the leading news portals such as EuropeanGaming.eu, EEGaming.org, iGamingRadio.com, GamblingIndustryB2B.com, Picante.Today, TheBlockchainExaminer.com, TheFintechBuzz.com, Roboticulized.com, and GrassNews.net

As part of the role, Andrada is also in charge of securing and tailoring sponsorship packages for the already famous events portfolio, which includes CEEGC Budapest, CEEG Awards, Prague Gaming Summit, MARE BALTICUM Gaming Summit, The Baltic and Scandinavian Gaming Awards, European Gaming Congress, Southern European Gaming Awards and the TECH Conference Europe (TCE) series.

We are excited to start the work with Andrada and officially welcoming her on board! We have recorded a large growth in 2019 and we intend to keep the trend for the coming years by implementing more services and features for our readers and partners. The joining of our two sister brands and activities under the Hipther umbrella is also part of our plans for the future, thus Andrada becomes the first team member to be part of our newest quest”, stated Zoltán Tűndik, Co-Founder, Co-Owner and Head of Business at Hipther Agency.

“I was really happy when I found out that I have been chosen one for the B2B Sales Executive position at Hipther Agency. The team members that are positive, are always constant in their work and build a business or a relationship on sustainable principles. These are my favorite kind of people, and this is the main reason why I enjoy being part of the team.

Before joining Hipther Agency, I worked in various departments such as Customer Care, Accounts Payable, Accounts Receivable, Marketing, in different companies, so I have now a complete picture in front of me, and I really hope my experience will help the growth of Hipther”, added Andrada Bota, B2B Sales Executive at Hipther Agency.

You can reach Andrada on LinkedIn to discuss potential partnerships or possibilities that help your brand reach the right audience.

About Hipther Agency

Hipther Agency is the parent brand for several new outlets and boutique-style conferences which are represented in large by European Gaming Media and Events, and PICANTE Media and Events.

Launched in 2019, the agency enhances the offering of the two leading brands under one strong parent brand by also offering new services and tools for a worldwide reach.

For more details visit www.hipther.agency

About European Gaming Media and Events

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers.

The official company (PROSHIRT SRL), has been listed for 3 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

The events division produces the prominent conferences in the region such as:

  • CEEGC (Central and Eastern European Gaming Conference)
  • CEEG Awards (Central and Eastern European Gaming Awards)
  • Prague Gaming Summit
  • MARE BALITCUM Gaming Summit
  • Baltic and Scandinavia Gaming Awards
  • EGC (European Gaming Congress)
  • The Southern European Gaming Awards
  • VIGE (Vienna International Gaming Expo)

The live events/conference division is in charge of organizing boutique style executive gaming events that focus on bringing inside information from the top gaming experts in the European Union and beyond.

In short, they cover most areas of Europe with international events that serve the local and global industry, optimize networking opportunities and bring the hottest topics into scope.

For more details about the latest industry news, events calendar or subscription opportunities, visit europeangaming.eu

 

About PICANTE Media and Events

PICANTE.today is a news publishing website which digests/handpicks the latest news about technology, entertainment, lifestyle, finance and politics and serves them to their readers and subscribers daily.

As a responsible learning source, the team at PICANTE Media and Events are committed to 3 main principles:

Trusted and Reliable Reporting & Publishing

The articles and press releases on their website are all published from verified sources.

NO Psychological and Emotional Manipulation

The editorial team and marketing team do not aim to produce emotional manipulation and always stay away from news, press release and articles that produce fear, anxiety, racism or show any sort of cruelty towards animals and humankind.

NO Fake News

PICANTE.today ensures readers will never find any “directed” lies on the news portal as the team has taken an anti-fake news standing point from their inception.

For more details, visit www.picante.today

The events division produces prominent TECH Conference Europe series. For more details, visit www.techconference.eu

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: Hipther Agency welcomes Andrada Bota as B2B Sales Executive

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Prague Gaming Summit 2020 speaker profile: Kostandina Zafirovska (General Manager of IT Labs)

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The 4th edition of the Prague Gaming Summit will take place on 6 March 2020 and welcomes leading operators, service providers and gambling industry experts from all across Europe.

 

On the 6th of March at the Prague Gaming Summit, you have the opportunity to dive into several subjects, among which also the workhop Strategies that help you concentrate and focus on your business’s core functions”.

As mentioned in earlier press releases, Prague Gaming Summit 2020 will bring a brand new format of speeches and more trending themes as it did in the early years.

Among the leading experts that will share their latest information, you have the opportunity to hear more about business development, strategies, technology and much more from Kostandina Zafirovska – IT Labs who will be leading the workshop.

Kostandina Zafirovska is the General Manager of IT Labs, a software development company delivering excellence for more than sixteen years. Kostandina began her career as an engineer. Since then, she has accumulated over nineteen years of experience in the technology industry, focusing the last six years in executive roles.

Kostandina leads large teams in varied industries, including insurance, finance and gaming. She also possesses a unique combination of experience and knowledge in both technology and business and thrives in highly innovative environments.

 Do not miss this unique opportunity to learn and networking with the leaders of the industry.

Order your Delegate Pass or VIP Package (Delegate Pass +Accommodation) now!

Here is a testimonial that has been left by Heathcliff Farrugia, one of the attending delegates of the 2019 edition of Prague Gaming Summit:

The Prague Gaming Summit 2019 was very well organised and included a number of key international speakers. Agenda was full of interesting content and panels were aimed at discussing areas of mutual interest.

Heathcliff Farrugia

Chief Executive Officer at Malta Gaming Authority(MGA)

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: Prague Gaming Summit 2020 speaker profile: Kostandina Zafirovska (General Manager of IT Labs)

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