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Interwetten Boosts Responsible Gaming Efforts Through Partnership with Mindway AI

mindway_aI_and_interwetten_forge_strategic_partnership_to_boost_responsible_gaming_effortsInterwetten, one of Europe’s biggest operators of sports betting websites and online casinos, has announced the signing of a strategic partnership agreement with Mindway AI, a leading provider of innovative responsible gaming solutions.

The signing of this partnership agreement was described by Mindway AI in a press release as “a significant milestone” for the gaming industry because it brings together two of the most powerful companies in their sectors.

The collaboration between the two companies will see Interwetten integrate the advanced technology provided by Mindway AI in its online gaming platforms, reinforcing the operator’s commitment to providing a safe environment for its customers.

Mindway AI started out in Denmark in 2018 from the work of Professor Kim Mouridsen at Aarhus University, applying insights from neuroscience research to AI technology with the aim to provide better player protection in online gaming.

The incorporation of the solutions provided by Mindway AI into Interwetten’s platform means that the online casino and sports betting operator will be able to proactively identify at-risk players and take the necessary and appropriate measures to create a safer gambling environment and a more responsible experience.

Rasmus Kjaergaard, the current Chief Executive Officer of Mindway AI, pointed out that the partnership with Interwetten is perfectly aligned with his company’s main goal which is to promote responsible gaming practices and set new standards for the industry in this field.

A Very Experienced Operator

Interwetten has loads of experience on the market, the company was founded all the way back in 1990 in Vienna focusing solely on sports betting and accepting wagers via telephone. In 1997 the company managed to launch one of the first sports betting websites in the entire world and later expanded its offering to include online casino entertainment and live casino as well.

Interwetten has moved its headquarters to Malta and it has been licensed by the Malta Gaming Authority since 2005. Moreover, the company obtained a license in Germany in 2020 and also managed to pass licensing procedures in Greece, Spain, Ireland and Sweden.

The integration of the GameScanner feature offered by Mindway AI represents a proactive step taken by Interwetten towards ensuring a secure and responsible gambling environment for its customers while also trying to keep the online gambling experience exciting and enjoyable.

Source:

“Mindway AI and Interwetten Forge Strategic Partnership to Boost Responsible Gaming Efforts“. Mindway AI. March 18, 2024.

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Gaming Innovation Group Signs New Deals in Spain and Argentina

gig_sign_deals_for_spain_and_argentinaGaming Innovation Group (GiG), one of the world’s most prominent software solution providers for online casinos and sports betting websites, has announced that its global footprint has further expanded following the signing of two new partnership agreements in Spain and Argentina.

The first partnership was the one signed with Juegging, a major operator in the Spanish market who owns land-based venues, an online casino, and a sports betting website. The operator decided to migrate onto X-Suite, the turnkey management platform that GiG offers to its customers.

This will allow Juegging to revamp its sports betting offering while expanding the number of payment methods available. Moreover, the online casino and sports betting operator will be able to offer content from more providers since the GiG platform comes with plenty of games from several international suppliers.

The Spanish market is a very important one for Gaming Innovation Group because it is expected to generate almost 2 billion euros in gross gaming revenues per year by the end of the next three-year cycle.

Big Deal in Argentina

The CoreX platform developed by Gaming Innovation Group is set to make its grand entrance into the Argentine market through a new partnership with SIGAR S.A., a local operator of land-based casinos and slot halls.

GiG has become a very powerful presence in the Argentine market as it has partnerships in place with brands operated in the seven regulated provinces of the country. In 2021 the company marked a crucial moment when it received approval to operate in Buenos Aires from LOTBA, the gambling regulator of the City of Buenos Aires.

SIGAR S.A. is planning to expand its business online and that is why it entered the partnership with GiG as the software provider has plenty of experience when it comes to taking land-based casino operators into the online world. In fact, GiG has signed multiple such partnerships in recent years both in Latin America and in Europe.

The market in Latin America is a very lucrative one as well, it is expected to generate over 3.7 billion dollars in revenue next year according to data supplied by Statista.

Gaming Innovation Group was founded in 2012 and since then has developed into a powerful brand, recognized anywhere in the world. The company operates out of Malta and is listed both on the Oslo Stock Exchange and on Nasdaq Stockholm.

Source: “GiG bags a brace of deals for Spain and Argentina, with two new partners for its iGaming platform CoreX and Sportsbook, SportX“. GiG. March 21, 2024.

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BetConstruct Awarded Best Online Sportsbook Provider at SiGMA Africa Awards 2024

SiGMA Africa Awards 2024, one of the most prestigious awards in the industry, is over, and several companies won the awards. Among them is BetConstruct, one of the leading providers in the industry, which has been awarded the Best Online Sportsbook Provider.

Globally recognized provider

betconstruct_secures_prestigious_best_online_sportsbook_provider_award_at_sigma_africa2024BetConstruct became famous for its efforts to deliver an exceptional sports betting experience to all its fans all over the world, and this award means it has been recognized by the industry’s experts.

The event saw a range of companies, both the ones with a lot of experience in the industry and beginners with a lot of potential. All of them have one thing in common: they were recognized for producing unique content and pushing the boundaries of gambling, contributing to improving the global gaming market.

BetConstruct is one of the leading innovators in the gaming industry. Its focus lies in providing its customers with unparalleled gaming experiences and creating unique solutions. The provider’s portfolio consists of modern sports betting and gaming products that are available across the whole global market. The company focuses on providing both customers and partners with exceptional experience, strengthening its position as an industry leader.

The Best Online Sportsbook Provider award represents the company’s dedication to delivering unique and advanced offerings to the market, but it’s also a sign that BetConstruct promises a lot of new, thrilling solutions that will shape the future of the global gaming market.

BetConstruct has been present on the market for more than 20 years, and in that period, it achieved huge success. Its offering includes both online and retail products, such as sportsbooks, classic casino games, live casino products, poker, skill games, an advanced social gaming platform, as well as sports data solutions. All of them are managed through SpringBME, a business management tool that enables secure and smooth operations.

The company is owned by SoftConstruct, one of the leaders in the global IT industry.

Prestigious award

Apart from BetConstruct, the companies that were awarded at SiGMA Africa 2024 are Sumsub, Smartx, Wa Technology, Digitain, Hollywood Bets, Hea, GR8 Tech, Kiron, WeWire, SA Gaming, Payler, Bitville, Bmit, Fast Track, 1xBet, SoftGamings, Softswiss, SEO Brothers, Rival, MarketCall, FinRax, and PayBrokers. The award was established by SiGMA Group, founded by Eman Pulis back in 2014. Its main mission is to research all topics in the industry and inform the public about them. Currently, the company has four ventures: SiGMA Events, SiGMA Play, Venture Capital, and SiGMA Foundation.

Source: Narayan, Niji. “BetConstruct Secures Prestigious Best Online Sportsbook Provider Award at SiGMA Africa 2024”. European Gaming. March 19, 2024.

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Pennsylvania Records $184.9 Million in Online Gambling Revenue in February 2024

The online gambling market in Pennsylvania is rapidly growing, which is proven by the fact that revenue smashed the records in February, even though other states recorded a year-on-year decrease in revenue.

Online gambling revenue

pennsylvania_igaming_revenue_reaches_record_dlr184_9m_in_february_According to the report, Pennsylvania generated $184.9 million in online gambling revenue in February.

Overall, the revenue was $499.1 million. Compared to the same period the previous year, an increase of 9.3% is recorded, since in February 2023 the revenue was $456.8 million. However, in January 2024, the total revenue was $464.4 million, so February recorded a decrease of 1.6%.

The main source of revenue in Pennsylvania is still retail slots which generated $202,7 million. The revenue was slightly decreased, but the growth is recorded when considering the number of slot machines decreased from 25,708 to 24,962.

Land-based table games also had a successful period, since the revenue generated from them was $76,6 million, representing an increase of 2.9%. In 2023, the Pennsylvania online gambling market reached a revenue of $131.6 million. Compared to that, total iGaming revenue grew by 40.5% to $184.9 million in 2024.

Online slots generated $125.9 million, 35.6% more than in the previous year, while online table games earned $56.6 million, which represents an increase of 56.7%. Online poker wasn’t as popular as it used to be in 2023, since it generated $2.4 million, 8.3% less than in the year before.

Industry leaders

The casino that saw the highest revenue is Hollywood Casino at Penn National Race Course. Its online gaming operations earned $77.3 million in February, 36.8% more than in the same month of 2023.

The second place took Valley Forge Casino Resort, which generated $44,8 million. The casino operations saw significant growth since the revenue increased by 63.0%. Rivers Casino Philadelphia took the third place, with $29.3 million and an increase of 11.4%.

Sports betting revenue

On the other hand, sports betting isn’t as popular as it used to be in 2023. When it comes to total revenue, it decreased by 30.0% annually, and in February 2024 it was $30.3 million. The online betting sector saw $28.2 million, and retail revenue was $2.1 million.

However, the total handle increased by 10.4%, and in February it was $661.7 million, while in 2023 that number was $599.5 million.

A leader in the sports betting industry was Valley Forge Casino Resort and its partner FanDuel that earned 17.7 million in revenue. The second was Hollywood Casino at the Meadows and DraftKings, with $7.7 million in revenue, and Hollywood Casino Morgantown and BetMGM were the third with $1.2 million. Video lottery terminals saw a decline of 2.4%, with a revenue of $3.2 million, and fantasy sports decreased by 5.2% to $1.3 million.

Source: Fletcher, Robert. “Pennsylvania iGaming revenue reaches record $184.9m in February”. iGaming Business. March 20, 2024.

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Betsson.sport Partners with Francesco Totti to Score Italian Market Debut

A prominent online gambling company, Betsson.sport produces casino, poker, bingo, and sports betting entertainment content. Its increasingly popular operations have recently resulted in the company’s decision to launch its unique information and entertainment platform in Italy. As Italy is the home of one of the most exciting football leagues in the world, Betsson.sport collaborates with the undisputable football legend Francesco Totti to make the Italian market debut of the operator’s infotainment platform even stronger.

Partnering with Legendary Football Player

In addition to his legendary football achievements, Francesco Totti will be remembered as the player faithful to the Roma club throughout his brilliant career. Betsson.sport’s choice of corporate ambassador is therefore set to benefit from Totti’s knowledge and authority, but also his proven loyal personality capable of making the promotion deal a long-term partnership commitment.

Exclusive Market Debut Offerings

At the same time, Betsson.sport will use the stunning opportunity to make a strong launch with a wide variety of its exclusive content. For this reason, the operator’s so called ‘’infotainment platform’’ will bring an exhaustive streak of interviews, news, and highlights across a wide range of sports competitions and leagues. One may expect that the Italian Calcio will be extensively covered as Betsson.sport seems determined to attract as many Italian sports enthusiasts as possible immediately upon the market debut.

Betsson Sport Club Feature

BETSSON_SPORT_DEBUTS_IN_ITALY_WITH_FRANCESCO_TOTTI_AS_AMBASSADORThe reputable operator brings an outstanding content to Italians, but also couples the offering with the initiative ‘Betsson Sport Club’ to invite teams from all sports disciplines to join the club and take advantage of the increased visibility from the national audience. Betsson.sport opens the club for both the participants in the renowned leagues and those from the leagues less exposed to public insight to capitalize on the operator’s unique feature now available across the Italian jurisdiction.

National football hero Francesco Totti said:“I am thrilled to be part of this project, which aligns perfectly with my daily commitment to sharing my passion for sports. Betsson.sport presents a wonderful opportunity to unite various sports clubs and helping them to realize their full potential.”

Ronni Hartvig, Chief Commercial Officer of Betsson Group, added: “Italy holds significant importance for Betsson, and we are delighted to partner with Francesco Totti, a figure synonymous with excellence in Italian football. We think his story and experiences will help us make the Betsson Sports Club even better, promoting our values of fair play, inclusion, and passion.”

Targeting Leading Market Position

Betsson.sport commences its Italian story with full confidence in the powerful impact of its innovative offerings and strategic partnerships on the market situation. The inclusion of Totti and the Roma football club in the company’s promotional activities testifies about Betsson’s commitment to starting the Italian journey at a full speed. Such a start announces the exciting journey likely to take the company to a leading position in the lucrative Italian online sports betting market.

Source: “Betsson.Sport Debuts In Italy With Francesco Totti As Ambassador”. European Gaming. March 18, 2024.

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