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Events MONTE-CARLO EUROMAT Summit 2018


EUROMAT Summit 2018 Monte-Carlo Bay Hotel & Resort June 4-6, 2018


The European Gaming and Amusement Federation (EUROMAT) has confirmed that its annual summit will take place June 4-6, in Monaco at the Monte Carlo Bay Hotel & Resort. As the body representing the views of the low-stakes gaming and amusements industries to European institutions, EUROMAT has designed the new-format summit to enable operators, regulators and manufacturers to exchange information in a relaxed and informal setting.


In addition to a full-day focusing on pan-European developments in social responsibility, the event will address developments in regulation and the impact of new technologies as well as also exploring the possibilities for the market place of the future.


industry needs. How big a step would it be to create an integrated contactless payment reader/acceptor and bring that to market? If the solution is provided by a partisan entity, there will always be parties that won’t work with that solution, which could fragment the market.


Te Reflex solution and the G Squared App both allow for the continued acceptance of cash, which from an operator perspective, offers the convenience of cash while giving players the choice of using a cashless solution. However, running these solutions in tandem with cash doesn’t address the desire of operators to switch to a cashless environment, dispensing with the machine float, hand-pays and a cashier. Most issues relating to servicing within the machine environment are due to coin jams, note jams or hopper jams. Issues surrounding security and fraud are also addressed if there’s less money in the machines themselves. Ultimately, operators could dispense with cash altogether and utilise the Reflex and/or the G Squared solutions, but they’d need to be convinced that their playerbase is ready for such a radical change.


Currently, if you play with cash in a UK AGC or single- site you’re paid out in cash. If you play with a TITO


ticket it’s returned as cash, whereas via a vWallet, the money can be transferred back to the original bank account, which seems the most practical solution. After all, forcing players to carry cash from a location presents a sizeable security risk for the player.


Both the Playgo App and PlayPass offer responsible gambling functions that address many of the concerns of the Gambling Commission, but require the Commission to green light solutions that make payments more convenient for players. We’ve seen supervised payment methods adopted in the book- making sector, which sets a precedent for transferring of funds from cards to machines and back again - but both Playgo and PlayPass forgo this human intervention – which might step over a red line for the Gambling Commission. Te final danger is that if the Gambling Commission and the DCMS do concede to the use of vWallets and/or eWallets, this intermediary step might clear the way for direct payment at the device via a debit card, which would make investment into these systems redundant. Common sense would dictate that with time, direct payment is the end of the journey. However, right now it’s the hottest potato being juggled by the Gambling Commission in the UK.


The final danger is that if the Gambling Commission and the DCMS do concede to the use of vWallets and/or eWallets, this intermediary step might clear the way for direct payment at the device via a debit card, which would make investment into these systems redundant. Common sense would dictate that with time, direct payment is the end of the journey. However, right now it’s the hottest potato being juggled by the Gambling Commission.


NEWSWIRE / INTERACTIVE /MARKET DATA P49


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