Events
MONTE-CARLO EUROMAT Summit 2018
Quentin Stott Founder & Managing Director, Reflex Gaming
1985 to 1998 - Joined the gaming industry straight from school working for a small but entrepreneurial manufacturing business called BWB, which was subsequently acquired by The Barcrest Group (now Scientific Games). Stott became heavily involved with the company’s expansion into international markets at a time the group was awarded The Queens Award for Exports. He was promoted to Director of Sales and saw the Barcrest Groups change of ownership to IGT.
1998 to 2004 – Stott produced a business plan which was presented to Michael Gauselmann of the Gauselmann Group. He secured Gauselmann funding and established QPS Interactive as a brand within the Bell Fruit Group (now Novomatic), as the Group’s “rebuild” specialist. Progressed developments from purely ‘rebuilds’ into brand new machine sales, providing a stream of games to the UK pub retail market. QPS also exported into Poland, Ukraine, Latvia, Greece and other emerging markets.
2004 to today – Established Reflex Gaming which now employs 54 people at its 28,000sq.ft (2,600 m2) premises in Newark, plus small teams in both Bulgaria and The Netherlands. Core skillsets span the areas of Game Development, Software, Graphic Design and QA/Test which complement in house Mechanical Design and Production capabilities. Known for its innovative approach to product development. Today the company’s product range spans both analogue and digital machine production for land-based customers, provides first class game content to many tier 1 online operators, has the UKs largest social gaming app for Pub Fruit players and is launching its own online casino brand called Casino Wishes.
P46 NEWSWIRE / INTERACTIVE /MARKET DATA
Alternative payment options: Is it a case of now or never?
All the statistics suggest that cash is no longer king. Alternative payment options (e.g. card or e-wallets) have to become a reality if the industry is to avoid its customers leaving street gaming behind. Te EUROMAT Summit has drawn together a leading panel of industry and payment experts on the range of alternative payment options in the market today and their potential for application to the AWP market in Europe. In this article, G3 focuses on the issues surrounding the UK alternative payments sector and the solutions on offer
Regulation 4 of Te UK Gaming Machine Regulations 2007, which is intended to establish safeguards as to how players interact with gaming machines, states that a gaming machine shall not be made available for use if it is designed or adapted to permit money to be paid by means of a credit card or debit card. However, the Department for Culture, Media and Sport (DCMS) concluded that while it would be inconsistent with the licensing objectives to permit debit card payments directly in machines, because of the potential amounts of money this could allow a player to gamble without interruption; allowing players to use debit cards to purchase smartcards and other cash alternatives introduces an additional step to the decision to gamble and, therefore, is acceptable.
Te fact that the current UK legislation does not
permit gambling machines to be adapted to directly accept payment by means of debit cards, has led to the gaming industry seeking alternative payment solutions to navigate around this problem. Te current debate has centred around the use of both eWallets and vWallets, as practical ways to address the issue.
An example of an eWallet is Apple Pay, an electronic version of your credit/debit card held as a proxy on your phone. Alternatively, a vWallet, which is a virtual wallet, is linked to a bank account or debit card, whereby you deposit a sum into the vWallet that is made available to spend on machines as and when you want. When the sum is gone, you have to make a conscious decision to deposit more funds into that vWallet - just as you’d have to return to an ATM if you ran out of cash.
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