Posts Tagged "technology on sports"

Final Contenders of the LaunchPad Announced by EiG 2015

Final Contenders of the LaunchPad Announced by EiG 2015

The 8th EiG Start-up LaunchPad competition is set for the 22nd day o November at the Arena Berlin and will incorporate subjugated tendencies in sports trading technology, anti-fraud, casual gaming as well as eSports.

This event is held two times every year in the Clarion flagship events; EiG in Berlin and the GiGse in San Francisco attracts the participation of prominent firms such as the Imperus Technologies (buyer of Diwip and Akamon), NumberFire (acquired recently by FanDuel), BlueBat Games (acquired by Novomatic) and Element Wave (now an established mobile solutions provider).

The event is organized by an association with the GamCrowd and since its initiation it has included a panel of judges from the iGaming segment. Among them includes; Evan Hoff from Velo Partners, Ian Hogg from GamCrowd and Mark Blandford from Burlywood Capital. Moreover, of late it has included investors from various global firms such as Revenue Engineers, Found Fair Ventures and Partech Ventures who together forms the questioning group to the attendees of the competition.

The final list of the participant to the event who would be in search of a glorious award winning are; Dupzadder a company that specializes in perceiving fraud among clients who may have several identities or accounts, Stratagem Technologies a company that eyes pro traders as well as investors in opening up sport trading value, eSportsPolls.com (ESP) the creator of tedbets.com which gives clients a resourceful analysis of fantasy league games, Casino VR a multi casino stage that encompasses several games and knowledge and Skillzzgaming a new platform in real money betting that gives clients time to play in their passionate games.

The selection criteria involves through examination on various global firms that submitted their applications between April and August. The selecting team comprising of chair Melissa Blau from iGaming Capital, Clarion’s Ewa Bakun, and Chris North from GamCrowd claimed that the selection criteria has been so stressing provided that all the applicants had qualified with flying colors and this formed a hard decision in choosing and leaving others. Nonetheless, the three selecting panelist were able to come up with five main contenders for the main prize. They claimed that it was their hope that the winner of this year’s event would have a greater future ahead.

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Client promotion by CrownBet subjected to investigation

Client promotion by CrownBet subjected to investigation

More often than not, there are a number of corruption and illegal cases that come to rise in Australian betting markets. In most cases, the illegal betting sites have found themselves colliding with law enforcements on the matter. Nonetheless, it doesn’t mean that it is only the unlicensed remote betting operators go against the law. Some licensed firms have also found themselves in a hot soup when they violate the stipulated gambling rules.

This is a case that has hit CrownBet that has been subjected to a thorough investigation by the New South Wales (NSW) gaming watchdog. The betting company has been accused of using customer’s credit in the endorsement of motivational gambling. The matter has called the authorities to undertake a research and find the truth behind it.

According to the rules stipulated by the NSW Act book, the endorsement of client credit, tickets or any other aspect which may include sign up rewards is illegal. NSW watchdog claimed that it put the matter into consideration and decided to undertake an investigation mainly on the new campaign by the AFL and CrownBet NRL which goes by the title “The Game Just Changed”.

The main antagonism comes as the two advertising firm as have decided to incorporate terms that claim that each time a client places his or her bet, he or she is accorded with the CrownBet reward points that can only be redeemed at the Crown Resorts. The words further claims that in the modern world, none of these aspects have ever been introduced anywhere apart from CrownBet sites. The client should rush and register to initiate cash flow.

Reports from the Australian news have indicated that these vocabularies used in the advert by CrownBet have violated the present advertising standards stipulated by the NSW as well as The Office of Liquor, Gaming & Racing. The betting firm has decided to remain calm and failed to respond to any question raised on the investigation topic.

This investigation comes after various betting firms and other stakeholders advocated for the review of the 2001 Online Gambling Act. The redrafting of these betting policies will be fundamental in keeping the advancements in technology moving upwards as well as incorporation of fresh digital consumer behaviors.

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SBTech has enhanced their cash-out systems and high quality live streaming capabilities

SBTech has enhanced their cash-out systems and high quality live streaming capabilities

The SBTech a Sport betting technology provider claimed that it would initiate two major inventories of Cashout and Live Streaming that would involve the in-play features. The new inventory will play a bigger role in providing loyal customers new product inventories.

The company added that the new incorporation would be fully installed and implemented to its platform for their customers at the beginning of Q3 of 2015. This new incorporation would give clients the freedom of selling their bets back to the operators. The new form of mechanism that will be launched by the SBTech is deemed to be the newest series based on the house-developed solutions and would play a greater role in the revolutionized process of the in-play products.

This new Cashout will have the support of fresh live streaming abilities that comes along with top class streams that would be done via SBTech’s betting platform. This new technology will try to equip its players with fully engagement which would be brought about by the broad selection basing on actual markets as well as live statistics.

The CEO at SBTech Itai Zak claimed that the new invention that incorporates Cashout and live streaming would give players a chance to have an updated actions and this would be integral in the change of their betting schemes. It will also provide them with strong bond self-assurance; give them a higher lifetime value and a broader outreach. The speedy in-play has been the main motivator that has prompted SBTech to incorporate fresh formats and features.

Zak continued to note that many players would wish to have a live exposure as well as betting markets at one point and ain any chance they come across such a platform, they would stick there like a glue. This is the reason why SBTech have to be flexible all the time to suit the needs of a player.

He concluded by saying that not all share a common mode of in-play betting and in attempt to suit the needs of every client, they have to accord each client with his best mode in different platforms. This comes with the supplementation of both live-streaming and cashouts. They are ahead of their competitive rivals in the market with their ability of creating one of the best in-play betting.

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AGEM organization joined by Bet Construct

AGEM organization joined by Bet Construct

An announcement by from BetConstruct confirmed that Association of Gaming Equipment Manufacturers (AGEM) through its board of Directors that there was a unanimous agreement for it be a member of the association. BetConstruct is now a member of the association which is nonprofit and deals with representation of suppliers as well as manufacturers of electronic gaming devices, key components, table games, systems support products and services and online technology all for that are designed for the gaming arena.

BetConstruct through their Chief Executive Officer, Vahe Baloulian, said that they were honored that they had gotten a unanimous vote, into them joining the association that they considered stemmed and plays an important role in helping active and relevant players in the industry come together. He further added that the Association of Gaming Equipment Manufacturers was in the front line in providing great services to the members and help is solving issues that are faced in the industry in the day to day endeavors. Baloulian said that they were glad for the move and were eager to work with other members in the Association.

AGEM also showed its enthusiasm of BetConstruct joining as a member of the association. Through the words of Marcus Prater, AGEM’s Executive Director. He said that they were glad to welcome BetConstruct in their fraternity at a time that was crucial for suppliers around the world and together they would help deal with the day to day issues facing the industry as a whole. He added that having an association with AGEM is of great importance for companies that were trying to establish themselves in the industry of gaming that is tied with many rules and regulation. Prater said that BetConstruct will for sure benefit from the wide advantages and benefits that comes as being a member of the Association.

AGEM, which is based in the United States, said that they were working to address issues that were being faced by the gaming companies as well us furthering gaming equipment supply all across the globe. They were working to achieve this through trade show partnerships, political action, information dissemination as well as good corporate membership.

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BetVictor Launches In-House Developed cash out service

BetVictor Launches In-House Developed cash out service

Licensed and operated by Gibraltar, BetVictor is launching its cash out service for its sports betting this week. Following its competitor’s bet365, William Hill and Skybet, BetVictor is the latest bookmaker to install acash out service, opening up a new solution developed by its in-house technology team.

To begin with, Cash out services will be made available to UK customers across all networksfor in-play betting and pre-match in five of the most popular football markets. This includes Win-Draw-Win, Correct Score, Both Teams to Score (BTTS), The Win &BTTS market and over/under goals.

Considering that BetVictor’s in-house technology team developed the service, they are qualified to make adjustments and developmentto the service more fastercompared to outsourcing the solution.

The launch of cash out service follows the release of the new version of BetVictor’s iOS app into the Apple’s App store, as the operator looks forward to enhancing its football offering at the start of the upcoming football session.

The company is planning to offer cash out in non-UK markets, as well as a variety of new markets across different sports.

The flowing statement was made by Head of BetVictor’ssports book product, Eoin Ryan regarding the service:

The introduction of Cash Out to the Sports book is a major milestone in terms of our development.

“It’s a crucial product that the modern day bettor expects to have access to, and we know that it will help us continue the sustained growth and progress we have seen, especially in our football business, over the past few years.”

The firm pointed out that over the coming months they will continue to make better the initial launch of their product and will swiftly look towards extending their scope to house more sports and markets and bring in new functionalities.

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