ONLINE NEWS
Introducing Slingshot Studios
Bede Gaming Wins Big with New Lottery Deal
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icrogaming has introduced Slingshot Studios, a new independent game studio that
will be developing exclusive content for Microgaming. Slingshot Studios are game builders
focused on enhancing successful slot game staples and innovating with fresh new features. Driven by a passion for bringing vibrant game experiences to players, the team comprises industry talent with a flair for producing high- quality games made for avid slots fans and new players alike. Bursting into action in October, Cash of Kingdoms will be the first official release under the new Slingshot Studios brand. John Coleman, Microgaming CEO, said:
“Microgaming’s extensive digital portfolio will benefit from the unique personality and expertise of Slingshot Studios, who are developing original games with exciting engines and features, all targeted at specific markets and audiences. The content they have coming is fantastic, and their drive to create and challenge is incredible. Slingshot are the latest in a number of game studios to be announced as exclusive providers to Microgaming, and we look forward to unveiling more content from them in the coming months.”
ede Gaming, a leading supplier of software to the online gaming
industry, is proud to announce it has been selected as the new digital platform supplier by the Ontario Lottery & Gaming Corporation (OLG). OLG, one of the world’s largest lotteries, selected the digital
platform specialists following a fair, open, and transparent procurement process, with a view to transforming the corporation’s digital offering, bringing new products and player experiences to adult Ontarians. The agreement marks Bede’s entry into both the North American and Lottery markets and serves as a testament to the strength of the platform. Bede expects OLG’s new platform to be in place in early 2020. Bede’s Responsible Gambling (RG) technology will provide the
lottery operator with world-leading options to help manage RG in real-time and give players the ability to set fine-grained limits, self-exclusions, and other supports tailored to their needs. These RG tools will comply with requirements of the Alcohol and Gaming Commission of Ontario and uphold OLG’s track record as a world-class responsible operator. OLG is the third operator to select Bede this year following the signing in early 2018 of Sun International and LeoVegas, who acquired Bede-powered Rocket X. Michael Brady, Co-Founder, Bede Gaming, said, “I’m absolutely
delighted to welcome OLG to Bede and am extremely proud of the team effort involved in bringing this agreement to fruition. It is a huge recognition of the strength of our offering and firm proof of our status as a leading gaming platform in the industry. This is a landmark contract win for Bede and I am sure will be the start of a long and successful relationship with one of the most respected names in the worldwide lottery sector. We are looking forward to supporting OLG in achieving digital excellence.” Greg McKenzie, OLG’s Chief Operating Officer, added, “We are
investing in digital technology and product solutions to improve the customer experience and ensure we are responsive to changing customer expectations. The platform Bede will provide will be a central point of integration for OLG’s products and channels. We are looking forward to developing our relationship with Bede as OLG continues its digital transformation.”
SG opens Gibraltar sportsbook S
G Digital will offer sports betting, portal, mobile betting and retail services
with a team to be headed by Stuart Weston, the new vice president of sportsbook operations. Keith O’Loughlin, senior vice
president for SG Digital said: “Given the massive opportunity in
56 OCTOBER 2018
the US and the continued success of existing markets, the addition of sportsbook operations is a
Greek licences will cost up to €5m
O
nline gambling operators will have to pay up to €5m (£4.5m/$5.8m) to obtain a sports betting and
gaming licence in Greece under new regulations. Published by the Greek Ministry of Finance, the regulations state that an internet sports betting licence will cost €4m, but operators will need to pay an additional €1m to also offer other online gaming services. Companies seeking online licences will not only have to
natural step up for our business. The team will work directly with our partners to operate and run their sportsbooks, ramping up the value of sports betting for everyone involved. It’s a new ball game and our partners have asked to tap into our knowledge to help with day-to-day sportsbook operations.”
deposit €500,000 as part of their application, but demonstrate they also hold a licence in another country in the European Union. Licences will run for five years, with operators required to renew their licence at least one year before the expiry date. However, those companies that have been blacklisted in Greece within the past 12 months will not be considered for a new licence. This applies to GVC Holdings, which in January revealed a subsidiary operating under an interim Green licence had received a tax audit assessment of €186.8m. The audit relates to activities from 2010 to 2011, a period in which the business in question was owned by Sportingbet prior to its acquisition by GVC in 2013. Meanwhile, operators that successfully obtain a licence under the regulations will be faced with a variable tax system, with the rate to rise with winnings. The Greek Ministry of Finance has opted not to tax any winnings under €100, but for winnings between €100 and €500, operators will pay tax at a 15% rate. For winnings over €500, the rate will be set at 20%. However, the new regulations are subject to the outcome of a consultation, which will invite opinion from gambling companies, clubs, Ministries, legal entities, public services and other relevant stakeholders.
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