Australasian Gaming Expo 2018 – purpose and hot topics covered

The Australasian Gaming Expo 2018 will be taking place between 14 – 16 August 2018 and it will gather for the 28th year in a row, leading enterprises in the industry. The Gaming Technology Association is once again the organizer, and the big event will take place at the International Convention Centre Sidney. For those that activate in the accommodation industry, but also casinos and clubs, attendance is a no-discussion topic.

With the main purpose to announce the latest innovations in the gaming industry, new networking opportunities and a launching opportunity for association developing the latest gaming technologies, the event is a true learning opportunity, featuring a series of seminars, during the three-day exhibition. Some new additions that caught everybody’s attention for this year’s line-up are the Networking Zone and the “First Timers” Program.

The Networking Zone is expected to be the heartbeat of the Expo, as it will allow businesses in the industry to get in touch with each other, bond collaboration relationships with fellow businesses that activate in the casino, club and accommodation industry, as Ross Ferrar, CEO of Gaming Technologies Association claims. The Networking Zone will have a specifically tailored a Networking Lounge, as a better context for these connections to take place and develop.

The First Timers Program will welcome those businesses that are new to this event, but also all the other new attendees. Those that will attend the First Timers Program will be presented the premises by a guide; they will be presented with some of the hottest areas of the expo and will also benefit from a dedicated networking event that will help newcomers get in touch with each other and get the most out of this event.

A hot topic that will be touched during the expo will be, just like last year, the importance of proper and meaningful education and professional development in the industry. During the entire event, the seminars will take place according to a schedule. Last year, only two of the three days included seminars, which brings a little extra for everybody that is attending the event in 2018.

With a big emphasis on emerging and disruptive technologies in the gaming, hospitality industry but also regarding the client and their needs in Australasia, this year’s program is expected to surpass everybody’s expectations in terms of meaningful and relevant information offered to businesses in all related industries. This is one of the main reasons the event’s organizers think that the impressive number of 6,000 attendees will be outnumbered this year. Also, the importance of the millennial generation and the disruptions brought in the industry are to be debated, besides the usual regulations, politics, and practices that are characteristic to the industry.

The whole event has a webpage dedicated to it, with plentiful information regarding the hot speakers, but also a detailed schedule of the whole event, including the seminars that are expected to take place during each day of the event.

 

Daily fantasy sports come to Australia thanks to DraftKings

DraftKings mentioned that launching daily fantasy sports (DFS) to Australia could end up being more profitable than people expect. Bringing DFS to more markets is the company’s goal since forever. DFS wants to expand internationally and carefully assess what the results will be. The next location for the DFS opening in Australia. DraftKings announced that DFS got all of their legal licenses to launch the company here. The only region that is not included in what DraftKings planned is South Australia, which seems to have its own gaming regime. Yet DFS will reach around 20 million persons in Australia, which is quite impressive.

Fantasy sports sites such as Draftstars, PlayON and Moneyball also serve Australia in terms of DFS. This is why it was paramount for DraftKings to consult the Northern Territory Racing Commission for a permit. The NTRC mentioned that PlayOn and Moneyball are actually sports bookmakers. DraftKings focuses on paid-entry fantasy sports. Anyway, DraftKings decided not to officially announce the launch of DFS in Australia because the sport plans are not yet defined. DraftKings mentioned they will take into account cricket, rugby and Australian rules football. Australians are eager to play NBA and golf as well.

At this moment, DraftKings serves countries such as the UK, Germany, Austria, Malta, and Ireland. At first, DraftKings activated in different parts of the US only. They continue to expand to this day. The CEO of DraftKings, Jason Robins said that Australia is a promising country in terms of launching DFS there because of the high passion of the locals to get closer to such sports. This is why Australia represents one of the most important potential markets for DraftKings and it should not miss the chance of launching here. DraftKings has international expectations that they plan to transform into reality in the future years.

In the DFS industry, there are numerous other companies that can’t even think of launching internationally. For instance, FanDuel immediately pulled back from launching on a global level. They even stopped offering their services to the UK market. Yahoo DFS also decided that they should leave the UK. This means that the only competition that DraftKings will face is PlayON, although they offer niche products. DraftKings has the possibility to launch DFS freely, but it has to pay attention to multiple factors when doing it.

As in any other situation, there are several risks that DraftKings exposes itself to. The company will invest a lot of money in launching and expending it, without properly knowing if it is going to generate the expected profit. DraftKings might need to invest in strong marketing campaigns to gain customers, which is unlikely for the company. The company used to launch on new markets without working too hard on attracting users. This time, marketing campaigns are more like a necessity rather than an option. The addressable potential audience is promising, so – with the right strategy – DraftKings possesses all chances to rule the DFS industry on a global scale.

 

The gambling scene in Australia is facing new advertising restrictions

According to the latest decisions taken by the Turnbull government, it seems that the gambling industry will face some drastic advertising changes from March 30 on.  While until recently gambling promotions were possible during major sports events, once the new regulations come into effect, the industry’ sadvertising possibilities will become limited.

The Australian broadcast sector codes have been adjusted through the collaboration between ACMA, Commercial Radio Australia, Free TV as well as ASTRA and Subscription Television. The announcement has been made public quickly after the industry’s revised codes of practice have been properly registered. Gambling advertisers will no longer be able to share promotional content through media during live broadcasts before 8:30 pm.

The country’s minister of communication – Mitch Fifield – was pleased to accept the changes, congratulating the collaboration amidst the industry and ACMA for a positive community change. He also stated that the community’s complaints regarding gambling advertising were not left unheard, and industry ads will be prohibited during the airing of live sporting events.

The main factor that triggered the implementation of such a change was the concern regarding the exposer of Australian children to this industry’s promotions, so the government has decided to pursue a restriction, starting with five minutes prior to the broadcast and ending five minutes after, during 5:00 am and 8:30 pm local timeframe.

Together with the gambling advertising ban, the Turnbull government’ focus has been redirected towards the sharing of more qualitative content through media channels, as well as the streamlining of the anti-siphoning list. This means, starting from March 30, more events of national or cultural importance are being free-to-air televised. Future goals have also been set revolving the topic, the government aspirin to dissolve unreasonable license fees for broadcasts.

The Broadcast and Content reform changes are discussed to play an essential role in the further economic, as well as social, welfare of the country.

Gambling Oases – The History Of US Reservations

It has been over 20 years since that momentous event when Ronald Reagan authorized the opening of gambling enterprises in the Indian reservations. Now slot machines are installed compactly in almost all the settlements of the indigenous population. Not only white Americans are becoming regular customers, but the Indians themselves nourish interest to adrenaline generating machines.

Some groups of citizens also benefit from the law: thus, there is no need for spending hundreds of dollars on crossing Atlantic Ocean or spending a couple of days at pompous Las Vegas – the new path leads gambling adherents to Indian reservation where a relatively cheap relaxation is guaranteed. In addition, online casino owners take advantage of registering their businesses in reservations, providing a legal opportunity to gamble online for gambling fans worldwide. And nbso online casino website – perhaps, the best place to pick up a juicy casino offer. Among the legions of reservation-based casinos the true leaders emerge, such as Mysterious Lake in vicinity of Minneapolis. The casino offers as many as 2,500 slot machines in the truly modern atmosphere with slight authentic incrustations and décor, boasting a statue of Women of the Water Spirit.
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Online Casino Suppliers – Cryptologic

Cryptologic finds itself comfortably among the most authoritative and influential gambling software manufacturers. The company owns several subsidiaries – WagerLogic is one of them; the branch is involved directly in the development of the software itself. Another branch division, E-Cash Direct, handles all the financial transactions of all the casino platforms Cryptologic provided. The headquarters of gambling manufacturing giant is located in Dublin, Ireland.

Standing out from the crowd

cryptologic-casino-software

The core advantage Cryptologic offers is no need in documents for withdrawals with the exception of gains exceeding $500 (the restriction was introduced in 2004). The affordable, nicely crafted software bribes average online casino enterprises with no paperwork feature, especially the ones that fall under legislation of offshore jurisdictions. However, it should be remembered that for each transaction a player is obliged to pay $1.

The Cryptologic-based platforms offer a nice bonus system. Monthly bonuses start at $20 and can go up to a hundred dollars approximately. In addition, most casinos are allowed to cash out your money without even playing these bonuses. Thus, you can withdraw or take advantage of a bonus amount immediately. The company was among the first to introduce comps: the amount of such points depends on the amount of bets placed. Comps are awarded on the basis of the calculation of 0.1-0.3 per cent of the total bets made. Therefore, when you bet twenty dollars, they can be converted to real money that will be instantly credited to your gaming account.

Software overview

With regards to most software: it can be easily downloaded from any casino with a Cryptologic platform set in a place. In the downloaded directory you can find a bunch of useful files: for example, the file that contains information about personal account – DVSJ.bmg (it is recommended to make a backup copy of this file). Just in case you collide with a system failure or have the directory deleted accidentally, you will be able to restore your account by simply copying the file to the newly created directory. This will allow you not to create a new account, and continue to play using the old one. The file USERxxxxx.txt contains some statistics. However, you should not pay much attention to ‘Result’ field – it usually does not contain valid data. However, such fields as Total Bets are much more informative: here you can find the info on total amount of bets placed and the number of points scored.

Cryptologic is definitely a pioneer in the online gambling business. Its list of customers includes such casinos as Interсasino, launched in 1996. This is the largest online casino using the software by Cryptologic. The year of 2007 set the record in terms of largest jackpot in the history of online casinos with the winning amount of $8 million. Also, the company developed the casino and poker room for William Hill as well as dozens of other online casino hubs – the corporate sector is traditionally considered to be the company’s top priority.

Asian Online Casino Market Forecast 2014

In 2001, Indian government gave the green light to Caravel casino-ship project in Goa, the only one state empowered to accommodate gambling houses. 13 years passed and today India is the 9th largest state in the world in terms of revenue from the gaming industry.

Although lottery and horse racing are the only gambling forms officially allowed here (virtual gambling is prohibited in the country), in reality bookmakers and online casinos have virtually no restrictions. The attempts to modernise gambling legislation stumbled upon the resistance of the ruling parties of India. Meanwhile, local fans of online roulette, blackjack and slot machines are playing for real in offshore websites. Analysts believe that if India doesn’t take steps to regulate the industry, the situation with virtual gambling in the country will remain unchanged. (more…)

Macau: The Secrets Of A Flourishing Economy

Despite the fact that the export of textiles, fisheries, banking and other financial services are the integral parts of Macau GDP, gambling industry is the locomotive of economy. Gambling business makes up about 40% of the GDP of Macao, and brings the government to 70% of its revenues (not to mention tourism industry, tightly interconnected with games of chance sector).

Gambling was legalized in 1847 with the purpose of generating income, as the government has suffered losses in competition with neighboring Hong Kong. The year of 1937 was marked by granting monopoly on gambling to Tai Heng. However, the excessive conservatism of Tai Heng, holding the full potential in its hands, predefined the exchange in the powers that be. Thus the government passed a monopoly to Sociedade de Turismo Diversoes de Macau after 25 years of Tai Heng reign. The new institution represented a syndicate created by business leaders of Hong Kong and Macau. Under the leadership of STDM, gambling industry began to develop quite rapidly: a range of Western games has been introduced, a water passenger line connecting Hong Kong and Macau was laid, the area started attracting millions of gambling fans from Hong Kong annually. STDM license expired in 2001, and since then the region experienced a second birth.

The new epoch peep of dawn

In 2002 the era of monopoly reached its dawn. Macau authorities issued licenses to three enterprises, and expanded the list to 6 with time. The region attracted the companies involved in Las Vegas, Australian and Hong Kong markets. In 2007 Macau presented the world’s biggest casino. It’s not a secret that Macau casino revenues have already exceeded those of Las Vegas, the region its position of the largest gaming centers on the planet. By the way, Oriental Las Vegas is the nickname of Macau.

Fun activities governed by the laws of Macau are controlled by a special body – the Office for Games Inspections and Control. Macau houses 33 casinos, while 23 of them are located in the Macau Peninsula, another 10 at Taipa Island.

Apart from myriads gaming houses, Macau also offers racetracks, greyhounds and numerous online casino websites. The race competitions are organised on Tuesdays and weekdays (the facilities can be found on Taipa Island and can accommodate up to 18,000 players, entry is open to persons who have reached 18 years of age. Bets are accepted in Makaosskih Pataca and Hong Kong dollars. The employment market is dominated by Jockey Club with more than of 1,500 people in staff. Located on the Macau Peninsula dog races stadium holds the events during the business week as well as weekdays(16 races each evening).

The social factor

Gambling is oftentimes considered to have a disastrous impact on society. The most crucial issue encountered by the former Portuguese colonial government was nothing but a dramatically high crime rate. Chinese triads had so much influence that local residents asked them for help, not the police. With the handover of the province to China initiated in 1999, the state of affairs has improved, but the crime is far from being eradicated. Another problem is the over-dependence on the welfare from other regions, especially from Hong Kong.

To escape the drudgery of picking up the right gambling services provider, visit the website of online casino NBSO, one of the larges gambling review portals updated on a permanent basis since 2011.