Interblock, a leading gaming technology provider, teams up with Grupo Orenes, Unidesa, and Covimatic, enhancing support for its technology across Spain.

In a move to expand its reach, Interblock has entered into partnerships with Grupo Orenes, Unidesa, and Covimatic. These collaborations will see the three companies operating as Interblock’s Certified Service Providers across various regions in Spain.

Enhanced Technical Support

Under these partnerships, Grupo Orenes, Unidesa, and Covimatic will be responsible for providing technical support and services for Interblock machines after their installation at different properties.

Interblock’s focus on providing top-notch support reflects its commitment to delivering high-quality gaming experiences to its customers.

The partnerships come at a crucial time as Interblock prepares to introduce its Electronic Table Games (ETGs) in Spain, including the Black Pearl Roulette machines, which are already making their way into the market.

The Black Pearl Series offers standalone roulette machines that can accommodate up to ten players simultaneously, providing an immersive gaming experience.

In addition to the Black Pearl Roulette machines, Interblock has also tailored its Dual Roulette and Universal Cabinet Golden Ball Roulette to cater to the specific preferences of the Spanish market.

The Golden Ball Roulette, in particular, features the proprietary G-O-L-D side bet option, allowing players to bet on each of the four letters for the chance to win multipliers of up to 250x.

Furthermore, Interblock will supply Spanish casinos with products from its Smart Pit product line, including Dual Live Roulette, Live Blackjack, and Live Baccarat tables.

The Smart Pit line represents one of Interblock’s newer initiatives, blending live dealers with automated technology to offer a seamless gaming experience.

Interblock’s entry into the Spanish market received a significant boost when it obtained licensing for Spain in August 2023. This allowed the company to establish a service center and warehouse in the country.

Key Markets Licensing

Interblock Spain, the company’s regional arm, also secured licenses for several key regions in Spain, including Andalucía, Canarias, Pais Vasco, La Rioja, Castilla la Mancha, and Navara.

John Connelly, the Global CEO of Interblock, expressed his enthusiasm about the company’s expansion in Spain, stating, “Our commitment to Spain is steadfast and ever-growing.”

“With more than 10,000 seats in operation across the country, these new licenses don’t just expand our reach — they emphasize our relentless pursuit of providing unparalleled service to our esteemed clientele.”

Interblock’s strategic partnerships with Grupo Orenes, Unidesa, and Covimatic underscore its dedication to delivering exceptional gaming experiences in the Spanish market.

Source: “Interblock partners with Grupo Orenes, Unidesa and Covimatic for Spanish markets”, Gambling Insider, May 6, 2024.

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Golden Entertainment Inc was cleared to sell its slots business to Oak Tree last week with the Nevada Gaming Commission giving its approval and go-ahead for the deal to proceed. Officially, the acquisition is carried out by J&J Ventures and backed by Oak Tree.

Ploughing the Proceeds Back into Improving Existing Business

The proceeds from the deal will go into overhauling various operations, after the company announced changes to Gold Town’s dining options earlier this year, including a Farmhouse Kitchen, which is locally sourced and highly cherished dining expeirence.

Golden Entertainment is on a good business footing, as it will continue to support the gaming operations of Golden’s branded tavern locations in Nevada for J&J Ventures, indicative of the high level of trust voted to the company by the acquiring entity.

Meanwhile, other proceeds from the deal will be ploughed into improving some of the company’s casinos and operations, including Arizona Charlie’s, Strat, and gaming properties near Laughlin.

This will begin with the improvement of gaming operations in Pahrump, apart from the introduction of additional dining options. Many excellent venues could use the funding to become more competitive and continue driving more traffic towards themselves.

For example, Pahrump is located only 58 miles from the Las Vegas Strip and is enjoying a good amount of footfall, especially by travelers who baulk at the idea of plunging into the heart of the rowdy gaming heartland of Nevada.

Rather, Pahrump offers a little more relaxed but equally entertaining expeirence that Golden Entertainment is hoping to capitalize on. This sentiment is reflected in the company’s ownership of several prominent properties in which it operates, among which are Lakeside Hotel & Casino, Pahrump Nugget Hotel & Casino, and not least Gold Town Casino.

Sustained Interest in Pahrump Gaming and Resort Experiences

Pahrump may have a small population of only 40,000 people. Still, it’s right next to Death Valley National Park and Spring Mountains, which means that tourists are not really a rare sight. The area’s gaming reputation has been solidly edging upward, not least owing to Golden Entertainment’s sustained and long-term efforts to differentiate it.

Golden Entertainment has confirmed that it will seek to improve its Arizona Charlie’s casinos as well as the Laughlin properties and look to further boost shareholder value by driving solid returns.

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MiFinity, the well-known provider of secure eWallet services, has announced the signing of a strategic partnership with Convera, a global B2B payments Fintech, to add further enhancements to its PayAnyBank service.

In a press release regarding the agreement, MiFinity described it as “another milestone” in its “commitment to providing seamless cross-border payment solutions” to customers from all around the world.

The company’s PayAnyBank service has recently earned MiFinity recognition at the 2023 Payments Awards, winning the prize in the Best Cross-Border Payments Service category. The company regarded the respective awards as “a testament” to its “dedication to innovation and excellence in the payments industry.”

Speaking about the partnership with Convera, Paul Kavanagh, the Chief Executive Officer of MiFinity, declared himself “delighted” to join forces with such a company to expand the PayAnyBank services.

“This collaboration allows us to increase our country coverage,” Paul Kavanagh added, while explaining that this will ultimately lead to more people and businesses being able to make both cross-border and in-country payments directly from their MiFinity eWallet to a bank account.

The MiFinity Chief Executive Officer added that the partnership with Convera “aligns perfectly with MiFinity’s mission to provide convenient, secure and accessible financial solutions to our users and merchants worldwide.”

An Experienced Company

Convera is one of the biggest companies in the world when it comes to B2B cross-border payments, it has expertise in managing foreign exchange and moving funds all around the world. The company offers access to over 140 currencies and its services are available in more than 200 countries and territories. Convera currently provides its payment solutions to over 30,000 customers from all over the world, from small businesses to big companies in a wide range of industries.

The collaboration between will lead to PayAnyBank supporting multiple payment solutions for both consumers and merchants in various industries. According to the press release from MiFinity, the integration with Convera “further solidifies” the company’s “position as a leading player in the digital payments landscape.”

MiFinity recently unveiled its new website, while last year it celebrated its 500th merchant integration, underlining the company’s major success on the payments market all around the world, not only in the iGaming industry.

Source: “MiFinity and Convera Partner to Strengthen PayAnyBank Services“. MiFinity. December 12, 2023.

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As a result, QTech Games will strengthen the available game library for partner operators by introducing crypto-compatible titles from Onlyplay, which has established a reputation for building robust slot, fast, and crash games, that have been increasingly popular across the entire industry.

Adding Differentiation Through Out-of-the-Box Games

The specific verticals in which Onlyplay has been excelling include slots, instant win games, lotteries, and not least crash games. Among the games players will be able to access through QTech Games are such titles as Hot & Spicy, Lucky Tanks, Limbo Cat, Jack Potter Deluxe, Crystal Cascada, and Fighter, as part of a constantly expanding portfolio.

QTech Games is also happy to see this opportunity realized, as the company wants to consolidate its leadership position as a repository of highly original, thematic, and innovative games, with a strong focus on the Asian iGaming market. Commenting on the latest collaboration, company CCO Daniel Long said that integrating premium content from Onlyplay is best described as a resounding success.

“Together, we will continue to raise the bar and shape a localized experience for global players. We can’t wait to witness how these games perform across a range of untapped markets which, in many cases, represent new territory for Onlyplay,” Long noted.

Onlyplay CEO Christina Muratkina was happy to see this alliance formed between the two companies. She attested to the quality of Onlyplay’s products and how they use an advanced tech stack and compelling visuals to build experiences that are fit for a modern audience.

Mobile friendly and RNG certified the titles provided by Onlyplay are set to take on any market and region and drive engagement and retention for partners. QTech has embarked on similar partnerships over the past months, driving strong differentiation to its portfolio as a result.

QTech Games Continues to Build on Strong Partnerships

Another similar alliance was formed with Galaxsys, a company that equally focuses on creating out-of-the-box experiences that introduce new gameplay mechanics, and notably skill-based gameplay.

QTech has also made sure to work closely with Turbo Games, a company that is known for its flagship CrashX game, and Rocket X. Turbo Games have been building titles specifically cut for innovative and forward-thinking operators, including those that promote and adopt digital payment solutions, such as cryptocurrencies.

The partnership came on the tail of similar arrangements with Vivo Gaming and Ad Lunam, which saw QTech Games consolidate its reputation as the go-to supplier for games in the Asian iGaming market.

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In a move aimed at revitalizing Ohio’s sports betting industry, State Senator Niraj Antani, a Miamisburg Republican eyeing a congressional run, has recently introduced legislation to significantly reduce the state tax imposed on sports betting operators. 

Senator Antani’s Bill 190 Ignites Controversy Over Ohio’s Sports Betting Revenue

The original tax rate on sports betting operators in Ohio was 10% when the state’s sports betting program kicked off on January 1 of this year. However, during the summer, lawmakers opted to double the tax rate through the state budget, a decision now being challenged by Senator Antani’s proposed legislation, reported Cleveland.com.

Gov. Mike DeWine, a Republican, had advocated for the tax hike, expressing concerns over what he deemed as excessive advertising by operators. He highlighted instances of regulatory fines levied against major players such as DraftKings and Barstool Sportsbook for violations, including mailing advertisements to individuals below the legal betting age and hosting events that ran afoul of advertising rules.

Since the introduction of the increased tax, Ohioans have wagered an impressive $5.2 billion on sports, with $4.5 billion returned as winnings. The tax hike has also prompted a cultural shift, with professional and collegiate leagues, as well as sports media, increasingly embracing legal sports betting.

Critics Sound Alarm as Ohio Weighs Impact of Senate Bill 190

The financial implications of Senate Bill 190 remain uncertain, with the Legislative Service Commission yet to provide a revenue estimate. However, the proposed tax cut raises questions about potential impacts on the state’s revenue, as Ohio has already collected nearly $102 million in tax revenue from sportsbooks between January and October.

Senator Antani criticized the decision to raise the sports betting tax through the budget, arguing that it negatively influences the emerging market. He contended that the increased tax not only affects sportsbooks but also trickles down to bettors through less favorable odds and fewer promotional offers.

Antani, however, was not the only critic. Other proponents argued that the higher tax may deter operators, making Ohio less attractive to the sports betting industry. Critics, including former Ohio Rep. Dann Dodd and Americans for Tax Reform, warned that the measure could drive existing brands out of the market, potentially leading to significant economic consequences for Ohio. 

As of March 2023, 29 states in the US have legalized sports betting, with tax rates generally falling between 10% and 15%. However, there is considerable variation, ranging from a low of 6.75% in Iowa to a high of 51% in Rhode Island, highlighting the ongoing debate over the optimal tax rate to balance industry growth and government revenue.

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REEVO, a Bucharest-based developer of online casino games with a focus on video slots, has signed a content distribution agreement with NuxGame, an experienced B2B software supplier in the online gaming industry based in Curaçao. The agreement includes the official integration of NuxGame’s sports wagering and online gaming solutions on the REEVO platform.

Accomplishing goals

With this partnership, REEVO successfully continued to achieve its goal of continuous development and adding new quality content to its already outstanding portfolio. The most prominent characteristics that fit perfectly with REEVO’s goals are the comprehensive experience and skills NuxGame has about iGaming industry and its loyalty system to make sure continued player satisfaction and operator success. Because of all this, this alliance is expected to enhance the overall gaming experience for existing and brand new players around the world.

Commenting on the partnership, Head of Sales at REEVO, Petra Maria Poola, showing her delight, commented: “The collaboration with NuxGame enhances our commitment to offering a diverse and top-quality gaming experience. We are thrilled to bring NuxGame’s innovative solutions to our platform, enriching our content library and solidifying our position in the iGaming community.”

However, as part of its goals, REEVO intends to add over 60 new game suppliers this year, further increasing its already large portfolio of over 8,000 games, involving table, slot, live and crash gaming experiences.

Improving player commitment

On the other hand, NuxGame will enjoy the popularity that comes with combining its portfolio with top content created by REEVO, which means that in the future we can expect the company to further strengthen its presence throughout Curaçao and expand its portfolio. It will also improve player commitment by adding new, unseen content to its portfolio.

Also commenting on the partnership, Chief Operating Officer at NuxGame, Denis Kosinsky, added: “Our latest deal with REEVO marks a new step for NuxGame and sets up both companies to enhance their offering with industry-renowned content and solutions. We are delighted to be offering clients an expanded selection of casino titles enabled through this latest agreement.”

About

Reevo is an online casino game developer with a focus on video slots as mentioned above. Headquartered in Bucharest, Romania, it has about two dozen employees between its headquarters and a diverse array of regions including the USA and Canada, Mexico, Argentina, and the UK.

NuxGame is a software provider that offers solutions for land-based and online wagering and gaming businesses.

Source: “REEVO and NuxGame Unite To Deliver Cutting-Edge iGaming Solutions”, European Gaming, September 25, 2023

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The company will now have its games available across 888 Holdings and the company’s leading iGaming platforms, including but not limited to William Hill, Mr Green, and the eponymous 888casino brand itself.

REEVO Injects Its Original Titles into 888’s Brands

REEVO will deploy a number of its cutting-edge content that has been developed internally, including Crazy Crocs, Electro Reels, and Yin Yang Twins. REEVO Head of Sales Petra Maria Poola has welcomed the opportunity to see her company collaborate with an established leader such as 888 and deploy its content portfolio further.

With access to our in-house games, players can expect cutting-edge content that caters to every gaming preference. We are excited about the potential it holds and the opportunities it will create.

REEVO Head of Sales Petra Maria Poola

Poola argued that the two companies would bring exceptional gaming experiences and offer a diverse collection of top-performing titles and cutting-edge content. “We are confident that this partnership will bring immense value to both companies,” Poola said.

888 Group Head of Content Ofir Gal-Mor was of a similar mind, hailing REEVO’s content quality and commitment to building exceptional titles. “Partnering with REEVO will further support our central product and content leadership strategy at 888,” Gal-Mor noted.

REEVO’s diverse content platform is a great way to ensure that 888 remains competitive and that its brands access some excellent games to offer to players. Apart from crafting its own games, REEVO has been building a solid portfolio of aggregated content.

Over the past several months and weeks, REEVO has been rapidly expanding its aggregation platform and solution. The company added more than 60 titles by Hacksaw Gaming earlier this month and it similarly onboarded Orbital Gaming and Vibra Gaming to strengthen its expansion in different jurisdictions.

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South Korea’s tourism and casino industries anticipate a significant boost with the return of Chinese group tours, suggests a recent report by NH Investment & Securities Co Ltd.

This move follows China’s August announcement about easing travel restrictions for its citizens and allowing group travel to more destinations, including Japan and South Korea, as part of the post-Covid-19 measures.

According to sources, the South Korean government is further incentivising group tourism by waiving processing fees, which were “currently set at KRW18,000 [about US$13.60] for visitors arriving in groups” until the end of this year.

NH Investment’s analyst Hazell Lee commented on this resurgence, declaring it likely to have a positive impact on South Korea’s casinos.

MORE: CHINESE ONLINE CASINOS

“The expansion of Chinese inbound traffic following the resumption of group tours to [South] Korea should eventually lead to a sharp recovery in the number of casino visitors, especially mass visitors,” she said.

The relationship between China and South Korea’s tourism sectors has been strained in recent years. It began with tensions over Seoul’s deployment of a U.S. missile defence system in 2017. While China didn’t publicly admit to restricting group tours to South Korea, the situation was further exacerbated in 2020 when China implemented a broad ban on outbound group tours due to the Covid-19 pandemic.

However, Ms. Lee provided a word of caution, noting that while mass-market tourism is expected to see a resurgence, VIP gaming segments might still lag.

Recent policy shifts in China underscore a negative sentiment towards high stakes casino players. In the past few years, Chinese authorities have cracked down on citizens traveling abroad for casino play or participating in online betting activities, which they term as “cross-border gambling”. China further solidified this stance by amending its criminal code in March 2021, making it illegal for anyone to facilitate such activities.

In conclusion, Ms. Lee particularly highlighted the potential benefits for South Korea’s foreigner-only casino operator, Paradise Co Ltd. She believes that both the gaming and non-gaming sectors of the company stand to “benefit significantly” from the revival of Chinese group tours. Specifically, she emphasized that the amenities and accessibility of Paradise City, the company’s casino resort complex in Incheon, should be particularly appealing to group visitors and casino enthusiasts.

As per the Korea Casino Association, South Korea boasts 17 casinos, 16 of which are exclusively open to foreign visitors.

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Casimba Gaming will now be able to offer acclaimed titles by Swintt, such as Electric Elements and Aloha Spirit XtraLock, to its network of growing operators. The partnership will cover worldwide markets in which both entities have been authorized to operate.

Swintt Gets a Distribution Boost from Casimba Gaming  

Swintt is providing its full suite of slots to Casimba Gaming, giving the platform’s partners the opportunity to pick from both SwinttGames and SwinttPremium portfolios that deliver some outstanding experiences designed to appeal to player bases and elevate the experience for everyone involved.

Players will have access to Seven Books Unlimited, Cleopatra Pearls, and many other titles that are truly worthwhile additions to any casino’s library.

Swintt head of business development Lars Kollind welcomed the chance to work with Casimba Gaming to strengthen the latter’s product lineup and further add to the variety that the platform’s clients have access to. Kollind added:

By teaming up with a company that’s not only active in many markets but also has a firm focus on the UK, the Nordics and Canada, we can potentially position Swintt games in front of a number of new global audiences going forward and we’re sure players are going to love seeing what we have to offer.

Swintt head of business development Lars Kollind

Kollind was joined by the director of B2B at Casimba Gaming, Lavina Karlsson, who was similarly excited about the partnership. She hailed her company’s success in forging this new alliance and said that despite its young age, Casimba Gaming has already been leaving its mark on the industry.

She welcomed the opportunity to feature SwinttGames and Premium releases as part of the Casimba Gaming portfolio, courtesy of the esteemed supplier. Swintt has been looking to rapidly scale its presence in global markets as well.

The company recently signed a partnership with ZEAL Network in Germany, agreeing to deliver the supplier’s games with the company’s network and significantly strengthen the available offer locally, offering German players access to esteemed titles across the board.

Swintt similarly worked on expanding its reach through a deal with NetBet, an established operator with global reach, and a strong presence in Europe.

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Owing to a new partnership with The Sporting News, Catena is bringing home two important achievements – one the opportunity to further expand across North America as a whole, and two – a deeper reach into Latin American online betting and casino markets, owing to the new partner’s well-established footprint in both regions. This new opportunity comes as Catena Media has recently completed a share buyback program strengthening its financial standing along the way.

Creating Value Added Editorial and Digital Content

The partnership will see The Sporting News and Catena Media create dedicated digital content produced by Catena Media’s seasoned team of experts who will comment on a range of topics, including fantasy sports, traditional sports, and online casinos. This content will be distributed throughout The Sporting News’ assets, such as websites, digital and social channels.

Catena Media will focus on both advertorial and editorial content that elevates the two partners’ respective brands and boosts awareness, delivering value to customers.

Although the primary focus of the partnership is on the United States, with the duo working on reaching sports fans across hockey, golf, tennis, college sports, basketball, football, and others, there will also be a significant focus put on Latin American countries – including Mexico, Argentina, and Brazil. Commenting on this opportunity, Catena Media VP North America Ryan Harper outlined the good that this alliance will bring for both brands:

The Sporting News is one of the oldest names in sports publishing in the US and we’re delighted to have them as a core media partner. Their close to 45 million unique users per month give us access to a large audience that will enable us to compete directly with some of the top sports publishing companies in the world.

Catena Media VP North America Ryan Harper

Both Companies Share Some Passion for Sports Internationally

The Sporting News COO Shaun Koiner has welcomed the partnership with a similar upbeat message. Koiner said that The Sporting News is a passionate publication about sports and that this tie-up with Catena Media made a lot of sense as both companies undertake to expand significantly in the regulated sports betting, fantasy, and gaming markets across the region.

“From day one, our objectives have been aligned and we’re incredibly excited to see where this can take us, not only in the US but also as we look to expand internationally,” Koiner concluded. Catena is all systems go in North America after the company divested its units in Australia and the United Kingdom, vowing to focus further on the dynamic market in the region instead.

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