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Latest revision as of 05:08, 27 September 2024

EGBA concern at reported size of online gambling black market in Italy

According to a recent report by La Gazzetta dello Sport, the value of bets placed by Italian gamblers on the black market is estimated to be a staggering €25 billion per year, with €18.5 billion of this amount, or 75%, spent on unlicensed gambling websites.

Based on these figures, EGBA estimates that nearly €1 billion in online gross gaming revenue in Italy is lost to black market websites annually, equivalent to the combined regulated online gambling revenue of 8 other EU countries. What is concerning is that it means many Italian players will be betting on websites that are based outside of the EU, which do not offer them even a basic level of consumer protection.

Italy’s Customs and Monopolies Agency (ADM) has already taken action by blocking over 9800 unlicensed gambling websites this year alone. This number is already 400 more than the total blocked in 2022, highlighting the increasing scale of the problem.

The protection of customers is a key priority for EGBA and it stands against gambling websites that target the EU market but operate outside EU law and fail to provide necessary consumer safeguards for Europeans. It is crucial that the Italian authorities do more to raise awareness among Italian gamblers about the risks associated with using unlicensed platforms based outside the EU, and to signpost the licensed operators who adhere to the regulated responsible gambling practices and regulations in the country.

“The significant size of Italy’s online black market is concerning, yet it is not surprising given that Italy has one of Europe’s strictest advertising regimes for its licensed gambling companies. The country’s ban on advertising for licensed gambling operators is clearly favouring the black market. Without a sufficient level of advertising, there is no real way for Italians to tell the difference between a gambling website which is licensed in Italy – and applies the country’s consumer protection rules – and one that is not. It is evident that enforcement action against black market operators is not sufficient, and that the government needs to revise its advertising rules for gambling to ensure Italian citizens can be well-informed about the licensed websites in the country.” – Maarten Haijer, Secretary General, EGBA.

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Hacksaw Gaming enters US market with hosting solutions from Internet Vikings

Internet Vikings, a leading licensed in-state hosting provider, announces a new partnership with Hacksaw Gaming, an online games provider who specialized in premium quality slots, scratchcards, and instant win games. This collaboration marks a significant milestone for European based Hacksaw Gaming as it enters the U.S. market, starting with expansion into New Jersey and West Virginia.

As the U.S. online gaming sector continues to develop, expanding into the territory is taking top priority industry wide. The top states targeted for expansion are New Jersey and West Virginia — presenting unique opportunities within the market. With a strategic focus on delivering innovative gaming experiences, Hacksaw Gaming, supported by Internet Vikings' hosting solutions, aims to tap into this potential.

Hacksaw Gaming's decision to choose Internet Vikings as their trusted hosting partner is grounded in the regulatory understanding and commitment to providing tailored solutions displayed. The partnership was demonstrating due to the positive experiences Hacksaw had during the setup process, and the competitive pricing for the specified requirements. Additionally, Internet Vikings recently secured a secondary data center in West Virginia, solidifying the hosting providers commitment to backup and disaster recovery measures within the state, providing crucial redundancy in this key market.

?Internet Vikings provides Hacksaw Gaming with dedicated servers in each of the states they operate in. This collaboration ensures Hacksaw Gaming's online gaming offerings achieve top-tier performance.

"It’s great to join forces with Hacksaw Gaming in the U.S. market. Our dedication to providing high-performance hosting solutions and personalized support aligns seamlessly with Hacksaw's vision for success," commented Rickard Vikström, CEO of Internet Vikings.

For Hacksaw Gaming, the partnership with Internet Vikings represents a strategic move to leverage the expertise and reliability of a hosting provider with a proven track record in the industry. "Internet Vikings has demonstrated a level of support and accessibility that exceeded our expectations. We are confident that this partnership will play a crucial role in our U.S. operations," said Marcus Cordes, CEO of Hacksaw Gaming.

The collaboration between Internet Vikings and Hacksaw Gaming is poised to bring a new level of innovation and reliability to the online gaming experience in the U.S. As both companies continue to grow together, they are set to make an impact on the competitive environment of the online gaming industry.

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TwinSpires sportsbook launches in New Jersey

TwinSpires, the Churchill Downs Incorporated-owned industry-leading online wagering platform for horse racing, is thrilled to launch its online sports betting and iGaming products in New Jersey today.

New Jersey becomes the eighth state in which the TwinSpires sportsbook is available, and the third state in which the TwinSpires online casino is available.

To mark its launch in the Garden State, TwinSpires is offering New Jerseyans its best-ever sign-up promotion. New TwinSpires sports bettors in New Jersey can be eligible for up to $1,000 in bonus bets, while new TwinSpires online casino players in New Jersey can be eligible for up to $500 of risk-free casino play over a 24-hour period.

“As the official wagering partner of the Kentucky Derby, many sports fans in New Jersey and the Tri-state area will already be familiar with the TwinSpires brand and its long history with the greatest two minutes in sports,” said Churchill Downs SVP and Chief Technology Officer, Ben Murr.

“We are excited to leverage nearly 150 years of wagering history within the United States to offer New Jerseyans our state-of-the-art online sports betting and iGaming products, promotions and offers.”

In addition to New Jersey, TwinSpires sportsbooks are available in Arizona, Colorado, Indiana, Michigan, Mississippi, Pennsylvania and Tennessee.

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Relax Gaming adds Mega Mine Nudging Ways

Relax Gaming, the iGaming aggregator and supplier of unique content, gives players the opportunity to jump behind the digger and win up to 50,000x in its latest slot, Mega Mine Nudging Ways.

The game presents a new Nudging Mystery Stacks feature in the form of a manic miner. The Mystery Stacks nudges into screen until he appears in full view, displaying a value between two and five.

The displayed number represents how many symbols each stack will reveal. This new feature does anything but hinder the player’s win potential, with the ability to appear on every reel.

Players can reap the benefits of this exciting 5x4 gold-mining adventure with 32,768 ways to win. With graphics including explosive Wild symbols, diamond-filled crates as Scatter symbols, and a variety of colorful jewels, the game is rich in opportunities to get across the tracks to glory.

Six free spins are awarded when two or more scatters appear on the reels, as well as triggering the Mega Free Spins bonus round, during which, Nudging Mystery Stacks land more frequently. In the bonus round, this feature may also reveal stacks of Wild symbols, taking the win potential from massive to mega.

Each additional scatter symbol results in an extra free spin. Epic wins occur when the win is worth 60 times the original bet. A buy feature rounds off the impressive list of in-game options, giving players the option to access the Mega Free Spins for the price displayed.

Simon Hammon, Chief Product Officer at Relax Gaming said: “Our team has always provided our players with innovative and epic games, and Mega Mine is testament to that.

“With this production the key is giving players more ways to win and opportunities to achieve impressive wins in order to add both excitement and potential. In every slot we release, we continue to drive the differentiation in our games that is such a strong part of our ethos. With its large win potential and appealing graphics, we expect this game to start strong and continue to gather momentum with a wide fanbase.“

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