Wire EMEA
New Stake Limits for Online Slots
Stake limits for online slot games will be introduced for the first time in September, with a £5 limit for adults aged 25 and over.
Citing evidence of a stronger link between gambling related harm and suicide among young adults, a £2 stake limit will be imposed on 18-25 year olds.
UK LEGISLATION
Spain - Thewissen details SlotMachinesGroup Industry veteran, Urbain Thewissen, said goodbye to the final edition of the ICE London show with a renewed perspective on the industry as the event moves to his 'home' market in 2024, Spain. Having spent the past decade as a consultant for a Czech VLT manufacturer, he is working once again within the second-hand slots sales sector, including multiplayer machines, under the SlotMachinesGroup moniker. Urbain built a solid reputation in the gaming industry as Vice President of Unibox Seeben in Belgium for 18 years, consulting extensively for numerous gaming companies, before establishing his own business in used slots and consulting services.
Pictured at the ICE show in London, Urbain is working on his new business venture while continuing to offer consulting services for gaming companies wanting to enter international markets, needing advice and an experienced hand in navigating specific markets such as Spain and LatAm countries. Looking forward to the ICE show moving to Barcelona in 2025, Urbain is excited to be launching his next venture, distributing new and used live gaming equipment in addition to slot machines, and to renewing long-term business relationships and establishing new ones as he grows the SlotMachinesGroup brand.
Africa - 888 to develop crash games suite 888Africa has announced a partnership with acquisition and retention specialist Incentive Games to develop its new suite of Velocity crash games – Velocity Classic, Velocity Turbo and Velocity Free. The three games are set to launch in Q2 2024 across five countries.
Austria - NOVOMATIC promotes The Supervisory Board of NOVOMATIC AG has appointed Stefan Krenn, as a new Member of the Executive Board. Krenn will form part of the three-person
Executive Board, together with the two other members of the Executive Board, Ryszard Presch and Johannes Gratzl.
“We are delighted to appoint Stefan Krenn, an experienced manager and a proven expert from our own ranks as the new Member of our Executive Board. Stefan has played a significant role in helping to shape the strategic development of this Group in recent years, and has made an important contribution to the company’s success. On behalf of the Supervisory Board, I would like to wish Mr. Krenn all the very best and much success with his new responsibilities,” says Dr. Bernd Oswald, Chairman of the Supervisory Board.
P12 WIRE / PULSE / INSIGHT / REPORTS
Stake limits for online slot games will be introduced for the first time in September, including lower limits for young adults. To counter the increased risk of significant harm and life-changing losses from online slot games, the Government will introduce a £5 stake limit for adults aged 25 and over and a lower level £2 stake limit for young adults aged 18-24 years old.
Te decision follows a 10-week consultation period in which the majority of respondents agreed with the gambling white paper proposal to introduce statutory limits for online slot games to help reduce the risk of gambling harm. Consultation responses included views from industry, academics, treatment providers and individuals.
Gambling Minister Stuart Andrew said: "Although millions of people gamble safely every single day, the evidence shows that there is a significantly higher problem gambling rate for online slot games. We also know that young adults can be more vulnerable when it comes to
UK Playnetic debuts at ICE 2024
Playnetic marked its introduction to the industry with a successful brand launch at this year’s ICE London. Using the industry event to officially announce itself and reinforce the company’s key messages to its partners, Playnetic also revealed details of ten casino titles, as it previewed games from its portfolio.
Te collection includes eight thematic slots and two classic tables games, including thrilling titles: Max Catch, Miners are Wild and Tor’s Wild Power. Tese games were the centre of attention for Playnetic’s daily tournament, presenting audio-visuals and a variety of mechanics, the trio of titles attracted more than 300 players each day.
Dan Phillips, Playnetic CEO said: “We’re pleased to have had such a successful launch at one of the most important gaming events of the year. It was a pleasure to speak with a
variety of industry experts and relay our vision for what we can offer in a vastly competitive business environment.
“It was fantastic to see so many positive leads for our CCO, Julian Borg-Barthet and the sales team; highlighting what a triumphant show it was. We’re really looking forward to the year ahead and to showcasing more content from our growing games library, beyond the ten titles we launched at ICE. We have a lot planned and are excited to continue growing and making our mark in key jurisdictions.”
Further titles demonstrated at ICE included: Pop the Bank, Osiris Fortune, Nefertiti’s Ring Jackpot, Dragon’s Blaze, Max Catch and Bison Trails. Each game presents a unique design, with most featuring a Free Spins mode, as well as a range of progressive mechanics and multipliers.
gambling related harms, which is why we committed to addressing both of these issues in our white paper."
"Te growing popularity of online gambling is clear to see, so this announcement will level the playing field with the land-based sector and is the next step in a host of measures being introduced this year that will protect people from gambling harms."
Te limits will come into force in September this year, following secondary legislation. Tere will be a six week transition period for operators to become compliant with the general £5 stake limit rules, followed by a further six weeks for the development of any necessary technical solutions to ensure operators are fully compliant with the lower stake limit of £2 for young adults aged 18-24.
Te white paper package also contains proposals that will support the land-based gambling industry to support thousands of jobs across the country.
Armenia
BetConstruct has entered into a collaboration with Flutter Entertainment that will see its gaming offerings go live on Betfair International, including popular titles from CreedRoomz and Pascal Gaming, with PopOK Gaming to be added soon.
“Partnering with BetConstruct marks an exciting milestone as we bring their engaging gaming lineup to Betfair International. Tis collaboration reflects our shared passion for revolutionising the iGaming world and offering top-notch experiences for players worldwide," stated Stefano Busè, Commercial Director Gaming, Betfair International.
“Integrating with a global leader like Flutter Entertainment presents a game-changing opportunity... It's not just about offering players access to acclaimed titles; it's about setting a new standard for excellence and player engagement,” added Mikayel Sarukhanyan, Chief Business Officer, BetConstruct.
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