Latest News – Page 1072

Betixon Secures UK Gambling Commission Licence

November 10, 2020 Published by EuropeanGaming.eu

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Games studio Betixon has received a Casino Software and Game Host licence from the UK Gambling Commission.

The licence will enable the group to go live in Europe’s biggest igaming market once it has finalised a number of agreements with a number of leading UK-focused operators.

“We are delighted to have received our UK Gambling Commission licence. It not only demonstrates our ongoing strategy to increase our global footprint but also our commitment to working within regulated markets. We are extremely proud of our games portfolio, including our upcoming, first series of premium games Fortune Breakers, which will be jam packed with intensive graphics and features. We can’t wait to share this with operators as we continue our stride into new markets,” Lior Cohen, co-founder and CTO of Betixon, said.

Betsafe Embarks on its First Esports Sponsorship

November 10, 2020 Published by EuropeanGaming.eu

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Betsafe has just announced that it has signed a three-year sponsorship agreement with GODSENT, a Swedish professional esports organisation. Through this agreement, Betsafe became exclusive betting partner to GODSENT as well as the Headline Sponsor for the CS:GO (Counter-Strike: Global Offensive) Division.

Kim Ekelund, Head of Marketing Sweden at Betsson Group said, “esports has been gaining a lot of momentum in the past couple of years and the global pandemic has further cemented its place. With all major sporting competitions being postponed during spring, more attention was directed towards esports, adding to its mainstream appeal.

“For this sponsorship we chose Betsafe, one of our most adventurous and sportive brands. Going forward, I believe there’s still a lot of progress to be made in the esports arena and this sponsorship between ambitious GODSENT and Betsafe is a concrete example of our commitment towards the future of esports.”

“We are very proud that Betsafe, with its long tradition of investing in extraordinary content and sponsorships, has signed this long-standing commitment with us. GODSENT is an extremely ambitious organisation and Betsafe matches that perfectly. They will become an important driver of our CS:GO division and will be a great strategic partner as we grow into a tier-one organisation,” says Ludwig Sandgren, CEO of GODSENT.

This is Betsafe’s first sponsorship within esports and initially, the focus will be on CS:GO, one of the most known video games which sees two teams play against each other. CS:GO is also the most-watched esports title amongst bettors in Europe. Besides brand exposure and financial support, the agreement will put great emphasis on close collaboration and social media activation, aiming to add an extra flavour to all esports fans, whether it is odds and betting or behind the scenes series. The agreement has been facilitated through a partnership between GRID Esports and GODSENT and will include data-rich and relevant content for GODSENT’s upcoming matches.

Nebeus seeks Funding Through the Seedrs Crowdfunding Platform

November 10, 2020 Published by TheFintechBuzz.com

Nebeus, the London & Barcelona-based fintech startup that bridges crypto with cash with instant loans, is launching a convertible loan crowdfunding campaign on Seedrs on the 10th of November.

With this campaign, Nebeus wants to raise funds to fuel its growth and launch new products and services, such as the brand-new Nebeus Mastercard, planned for Q1 2021. Nebeus will launch its Mastercard through a partnership with the open API banking platform RailsBank.

To accompany its ambitious plans, Nebeus is applying for an Electronic Money Institution License in the United Kingdom before the end of 2020. One of the leading consultancy and compliance firms in the UK, Compliancy Services, has partnered with Nebeus to support them in their application process. In 2021, Nebeus further plans to apply for an additional EMI License in Spain to comply with EU rules and regulations after Brexit.

According to Michael Stroev, COO of Nebeus: “We have huge plans for 2021, and our crowdfunding campaign is a unique opportunity for potential investors. Investors will reap benefits from investing in our equity by seeing their investments grow as Nebeus grows.”

Investors who will invest in this crowdfunding campaign will benefit from receiving a 20% discount plus 8% interest on Nebeus’s future Series A investment round, planned for 2021. The principal amount of each investment, plus 8% interest, will convert into equity shares at a 20% discount to the price of Nebeus’s shares during the Series A round. Additionally, Nebeus will also award its crowdfunding investors with exclusive perks, depending on their investment size.

Smart Bathroom Market Size Worth $6.69 Billion By 2027 | CAGR: 10.5%: Grand View Research, Inc.

November 10, 2020 Published by Roboticulized.com

The global smart bathroom market size is anticipated to reach USD 6.69 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.5% from 2020 to 2027. Rising evolution of IoT owing to high internet penetration across countries and regions in developing a wider application of digital technology into various bathroom fittings and fixtures, thereby growing popularity of smart bathrooms. In addition, rising penetration of smart homes across regions is paving the way for smart bathrooms in these smart households.

Key suggestions from the report:

The smart toilet product segment is expected to witness the fastest growth from 2020 to 2027
The commercial application segment was valued at USD 1.84 billion in 2019
Asia Pacific is expected to witness the highest growth over the forecast period with a revenue-based CAGR of 11.5% from 2020 to 2027.

Read 80 page research report with ToC on “Smart Bathroom Market Size, Share & Trends Analysis Report By Product (Toilet, Soap Dispenser, Faucet, Shower), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2020 – 2027” at: https://www.grandviewresearch.com/industry-analysis/smart-bathrooms-market

Increasing smart home penetration across the developed nations of America and Europe is positively impacting the demand for the devices. According to the European Commission, Europe Smart Home revenue is expected to represent USD 19 billion by 2021 with the help of its massive markets in the U.K. and Germany. Additionally, the surge in home furnishing and fittings is expected to positively impact the growth of the market. According to the Leading Indicator of Remodeling Activity (LIRA), home improvement spending rose at 6% annually in 2019. Moreover, significant investment in lifestyle-enhancing projects compared to traditional necessary maintenance is seen rising among homeowners.

Moreover, rising adoption of water-saving plumbing fixtures, which offer sustainable and eco-friendly features in remodeling or construction projects, is helping increase market penetration. The flow rate set by the national standards of the U.S. Energy Policy Act, 1992 set by the federal government for plumbing fixtures has led to water conservation and sustainability. This act also provides rebates to consumers who have replaced plumbing with low-flow alternatives. Thus, the rising need for low flow plumbing fixtures is expected to increase the inclination towards intelligent or smart bathroom fixtures.

In terms of product, the smart toilet held a dominant position in the market in 2019. High-tech or smart toilets are widely being used among households and commercial properties owing to various features incorporated in the fixture, such as hands-free flushing, heated seats, motion-activated seats, and built-in night lights.

The commercial application segment emerged as the largest application segment with a revenue-based share of 61.2% in 2019. According to a report published by TOPHOTELCONSTRUCTION, in 2018, Brazil had witnessed significant hotel construction in the country, thereby representing about 50% of the Central and South America’s construction pipeline. As of 2019, there were about 329 hotels with 57,735 rooms under construction, and new projects were scheduled to start construction in the next 12 months, which will include 207 hotels and 34,712 rooms, wherein 181 hotels with 31,357 rooms are in their early planning stage.

North America dominated the market with a revenue-based share of 40.2% in 2019. An increasing number of commercial buildings in the region owing to the growth of the tourism industry is expected to boost the demand for smart bathrooms.

Grand View Research has segmented the global smart bathroom market by product, application, and region:

Smart Bathrooms Product Outlook (Revenue, USD Million, 2016 – 2027)
- Toilet
- Soap Dispenser
- Faucet
- Shower
- Others
Smart Bathrooms Application Outlook (Revenue, USD Million, 2016 – 2027)
- Residential
- Commercial
Smart Bathrooms Regional Outlook (Revenue, USD Million, 2016 – 2027)
- North America
  - The U.S.
- Europe
  - Germany
  - The U.K.
- Asia Pacific
  - China
  - India
- Central & South America
  - Brazil
- Middle East & Africa
List of Key Players of Smart Bathroom Market
- American Standard Brands
- Cera Sanitaryware Ltd.
- Moen Incorporated
- Lixil Group
- Jacuzzi
- Jaquar
- Kohler Co.
- Spectrum Brands
- Roca Sanitario
- Toto Ltd.

Find more research reports on Electronic & Electrical Industry, by Grand View Research:

Doorbell Camera Market – The tech-hardware companies are manufacturing the products, which have leveraged AI features to modify and update their products and cater to the evolving consumers’ requirements. For instance, most doorbell cameras have been integrated with a two-way audio system to assist users with better communication with the visitor.
Electric Blankets Market – Electric blankets are comparatively less expensive than heaters and are of great use in countries with long and harsh winters. Companies have been focusing on developing well-insulated sheets lined with thick fleece to provide ample natural insulation and warmth.
Water Flosser Market – Rapid urbanization and rising awareness about leading a healthy lifestyle are also projected to support market growth. Increased tobacco consumption in countries, such as China and India, has resulted in rising cases of dental problems, particularly tooth decay and gum diseases.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

Red Rake Gaming partners with Ously Games

November 10, 2020 Published by EuropeanGaming.eu

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Red Rake Gaming, a leading online casino games supplier, expands its social casino vertical with the partnership with Ously Games.

Ously Games is currently operating in the social gaming space focusing on acquiring players across the German and Netherlands markets. Coming from a strong and experienced background in social gaming, Spin Arena, the companies main brand, is sure to bring the best player experience and games offering to its players.

Thanks to collaboration, Ously Games will have access to the full portfolio of top performing Red Rake Gaming games which have already demonstrated their strong performance across the region through its real money gaming partners. Popular market titles, including the Super Series of games which have non-stop action through its rich feature and bonus games, as well as the industry first, 1 million ways to win genre, which resonates well with players from all across the globe.

Social Gaming was Red Rake Gaming’s first vertical entry to the gaming industry, having been in the space for over 10 years, shown through the interaction and engagement ingrained in their portfolio of content.

Nick Barr, Managing Director for Red Rake Malta, commented on the partnership stating: “We are delighted to continue to build on our already proven social gaming vertical and excited about the partnership with Ously Games. They have been active in the vertical for numerous years driving various successful brands and we believe Spin Arena will be no exception to their success.”

Jochen Martines, CMO for Ously Games, added “Ously Games are focused on delivering the best player experience by giving our players diverse, engaging and feature rich casino content which this partnership delivers. Both companies have successfully operated in the social gaming space for many years which will ensure a long, thriving collaboration.”

MyMoneyMantra’s Phy-Gital End-to-End Fulfillment Model Recommended for FinTech Efficiency and Financial Inclusion

November 10, 2020 Published by TheFintechBuzz.com

MyMoneyMantra.com, India’s largest financial services marketplace has been featured in a white paper by Georgetown University as a case study to highlight best practices for Global FinTech Industry.

The McDonough School of Business, Centre for Financial Markets and Policy, Georgetown University published a White Paper titled “FinTech & Financial Inclusion: How do FinTech firms assist clients in obtaining loans?” The study analyzes the functioning of 6 loan aggregators and marketplaces across the United States, India, China, Singapore, Malaysia and South Korea. It deep dives into their product lines, business revenue model, competitive advantage, marketing strategies, opportunities and challenges.

The Georgetown University White Paper recognises MyMoneyMantra’s success with Phy-Gital (Digital & Physical) channels in India for end-to-end customer fulfilment as one of the key strategies to bridge the financial gap, accelerate financial inclusion and improve customer experience in developed and emerging nations. It highlights the competitive advantage MyMoneyMantra holds in the Indian marketplace with its physical muscle combined with digital prowess stating and says, “Firms like MyMoneyMantra have focused on improving customer’s experience balancing human interaction with data analysis.”

Mr Raj Khosla, Founder, Managing Director of MyMoneyMantra and a thought leader in Indian Retail Banking & Financial services said, “The global recognition of MyMoneyMantra’s Phy-Gital approach for end-to-end fulfilment of customers’ financial demands is a vindication of our core values for three decades- Trust, Resilience, Inclusion, and Customer First. MyMoneyMantra.com combines technology, AI & ML with traditional distribution strategies and fulfils the demand for loans across the length & breadth of the country. We identify customer needs, build relationships, and handhold the user to get the desired loan product.”

Adding further he said, “We have originated $1 billion of credit across 60 cities with 100 financial partners in FY 2019-20. We are grateful to our 7 million happy customers and are steadfast in catering hassle-free and quality financial products to our customers.”

MyMoneyMantra continues to aggressively invest in technology & analytics to build and upgrade its state-of-the-art digital platform which is powered by the MMM data warehouse hosted on AWS.

The White Paper closely examines the existing financial gap across the globe and highlights, as per the World Bank as many as 3.7 billion people are either unbanked or underbanked. It is of utmost importance to satisfy this global demand for financial inclusion i.e. effective delivery of affordable and utilitarian financial access.

The study further observes that loan marketplaces are creating innovative approaches to grant people and businesses new ways to access credit. They are accelerating financial inclusion by providing access to information, assistance, rate & cost comparison and contributing to people’s financial education.

The White Paper recommends that firms in the FinTech segment should incorporate the following strategies to accelerate financial inclusion & efficiency in FinTech efforts:

Expand product offerings tailored to the customers’ needs and capabilities and expand into previously untapped markets, both domestically and internationally. Utilize existing platforms, such as cell phones, to reach customers in rural areas.
Cement partnerships with traditional banks and financial institutions and penetrate e-commerce and social media platforms by offering money transfers, payments, and financing solutions.
R&D to find new ways to incorporate new technologies that enhance the user experience, accurate matching between financial products and users, risk and credit assessments, and product design. The “Phy-Gital” approach, where firms aim to meet the customer physically or digitally wherever convenient to him/her.

The White Paper concludes: “FinTech firms have created products and services that helped millions of people gain access to credit and capital. These firms offer more competitive offerings and more transparent processes than traditional banking institutions. FinTech has the potential to close the finance gap and serve the unbanked and underbanked populations of the world.”

1X2 Network Integrates its Full Suite of Slots and Table Games with Twin Casino

November 10, 2020 Published by EuropeanGaming.eu

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1X2 Network has integrated its full suite of slots and table games with popular online casino brand Twin.

The integration, facilitated by GIG and Microgaming, will see titles from the developer’s 1X2gaming and Iron Dog Studio subsidiaries be made available to Twin’s players for the first time.

Twin will also launch its very own Branded Megaways slot. The innovative concept allows operators to create a bespoke Megaways title that captures the look, feel and ethos of their brand.

Jack Brown, Sales Director at 1X2 Network, said: “It’s great to see slots and table games from 1X2gaming and Iron Dog Studio stocked in the Twin game lobby.

“Twin shares the same ethos and approach as we do, and that is to provide players with the best online casino experience that they return to time and again.

“We are especially pleased that Twin will also launch a Branded Megaways slot – these games have proved to be incredibly successful with the operators that have launched them to date.

“I expect Twin to enjoy even greater success with its Branded Megaways slot and look forward to a long and successful partnership with the casino, its management team and its players.”

Kasper Bach, Head of Casino & VIP at Twin, said: “One of the key ingredients in a successful online casino is the quality and variety of the games offered, which is why we go to great lengths to form partnerships with the best providers available, resulting in an astounding game portfolio to offer our customers.

“To that end, integrating content from 1X2 Network was an absolute no brainer for us, as was developing our very own Branded Megaways slot.

“It has been a pleasure working with 1×2 Network and adding its games to our lobby and we look forward to seeing our players score some mega wins on our very own Branded Megaways slot.”

Kaspersky Commended by Frost & Sullivan for Delivering Customer-Focused, Holistic Cybersecurity Solutions

November 10, 2020 Published by Roboticulized.com

Based on its recent analysis of the global industrial (OT/ICS) cybersecurity market, Frost & Sullivan recognizes Kaspersky with the 2020 Global Company of the Year Award for advancing its vision of creating a truly superior industrial cybersecurity solution. Kaspersky is a leader in analyzing market trends and developing customized solutions that effectively address key pain points within the industrial environment. It has made significant strides over the past five years by incorporating unique technologies such as Machine Learning for Anomaly Detection (MLAD) and Kaspersky Threat Intelligence Feeds in its solutions.

In response to the convergence of IT and OT systems, it launched the Kaspersky Industrial CyberSecurity solution. The solution includes a wide range of products and services such as Kaspersky Industrial CyberSecurity for Nodes to protect industrial endpoints and Kaspersky Industrial CyberSecurity for Networks for asset and communication discovery for situational awareness, and early industrial attack and anomaly detection. In addition, it offers security awareness and training, threat intelligence, security and vulnerability assessments, and managed security services. Its detection engines generate different events, while its correlation engine correlates these atomic events into aggregated events that help eliminate unnecessary alerts.

“Kaspersky Industrial CyberSecurity is uniquely placed to address unmet needs such as protecting legacy operating systems on industrial hosts and offering comprehensive network and asset visibility along with well-rounded attack visibility and protection,” said Gautham Gnanajothi Global Research Director. “Its Growth Center, Future Technologies, and Innovation Hub departments are perfectly positioned with best-in-class strategic frameworks to assess, develop, and deliver innovative security offerings to support industrial/ OT end users along their digital transformation journey.”

Significantly, the company has two dedicated research teams; one to support its industrial solutions and one for broader market-focused cybersecurity megatrends. The Kaspersky Industrial Control Systems – Cyber Emergency Response Team (ICS-CERT) for industrial solutions specializes in collaborating with regulators and official standards organizations to develop best practices, and research potential and existing threats across industrial automation systems and the industrial Internet of Things (IIoT). Meanwhile, the Global Research & Analysis Team (GReAT) focuses on wider cybersecurity megatrends and uncovers cyber-espionage campaigns, major malware, ransomware, and underground cyber-criminal trends across the world.

“The company has established its dominance in a yet uncontested market with emerging technology-based products such as the IoT secure gateway product based on its proprietary operating system KasperskyOS,” noted Gnanajothi. “Leveraging superior technical performance, customer service focus, and client relationship, Kaspersky is all set to dominate the industrial (OT/ ICS) cybersecurity market in the long term.”

“The protection of industrial organizations is one of our key business priorities. While these organizations enhance their OT security, our goal is to provide them with the solutions and expertise required for their level of maturity. We also understand that complex measures are crucial to ensuring any protection is effective, so Kaspersky’s portfolio also includes security services and training to improve expertise among IT security teams and OT engineers, as well as employee awareness. This Frost & Sullivan award confirms that we’re on the right track, so we’re extremely proud to receive such recognition,” commented Georgy Shebuldaev, Head of Growth Center, Kaspersky.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

BETBY Adds Tennis to Betby.games Esports Range

November 10, 2020 Published by EuropeanGaming.eu

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Innovative sports betting supplier BETBY has grown its cutting-edge esports Betby.Games range with the addition of Tennis competitions.

With games centred around iconic tennis tournaments, BETBY’s unique AI-driven esports product will feature the world’s top tennis players, and as with other titles in the provider’s collection of games, all markets will be available 24/7.

Each match is set to last up to 40 minutes, as each set lasts just three games rather than the traditional six, while tiebreaks are also shorter than in real life. Three matches will take place simultaneously and over 3,000 events per month and 15 new markets will be to be added to BETBY’s offering.

Tennis joins classic competitions such as Football and Basketball in the supplier’s impressive selection of esports products, as well as innovative Rocket League tournaments, with combat sports also to be launched in the near future.

The supplier’s complete offering continues to go from strength to strength, growing significantly in the previous 12 months as the provider looks to broaden its product portfolio.

Leonid Pertsovskiy, Chief Executive Officer at BETBY, said: “The growth of our Betby.Games range has been a real highlight for us this year and we are delighted to add Tennis to the list of AI-focused competitions in our portfolio.

“Betby.Games products bring a completely new dynamic to the esports world with its enjoyable gameplay, while remaining instantly recognisable for bettors of all tastes.

“Our diverse product offering has continued to bear fruit for us, as well as our client-centric business approach, so the expansion of our Betby.Games offering is something we are very proud of and look forward to more success in the vertical.”

The entire BETBY esports collection can be smoothly and swiftly integrated and active for an operator via an API integration.

Yggdrasil signs content deal with Fortuna Entertainment Group

November 10, 2020 Published by EuropeanGaming.eu

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Yggdrasil expands its strategic content footprint in Central Europe through agreement with Fortuna Entertainment Group

Yggdrasil, the leading global publisher of online gambling content, has signed an agreement with Fortuna Entertainment Group, one of the leading operators in Central Europe.

Fortuna is active in a multitude of European markets and will soon see its player base enjoy Yggdrasil’s roadmap offerings go live in territories such as Slovakia, Romania, and the operator’s home nation of the Czech Republic.

The deal will give Fortuna access to all of Yggdrasil’s proprietary, best in class slot content, including latest releases such as Hades, Jackpot Express, the acclaimed Viking series, and innovative content such as Neon Rush Splitz, Lucky Neko Gigablox and Multifly.

Yggdrasil will also supply Fortuna with its full portfolio of YG Masters titles, a program that enables leading independent slot suppliers to produce innovative games and accelerate their global strategy by using its revolutionary GATI technology.

Fredrik Elmqvist, CEO at Yggdrasil, said: “We are delighted to partner with Fortuna, the largest operator group in Central Europe. Through this deal we will swiftly grow our presence significantly in the Czech Republic, Slovakia and Romania.

“We have a very strong roadmap and are confident that Fortuna and their player community will enjoy our innovative, well known and exciting game titles. Both parties will now focus on the integration and planning for successful go live.”

Nicklas Zajdel, COO at Fortuna Entertainment Group, said: “Yggdrasil has a sterling reputation as one of the premier game providers in the industry so we couldn’t be happier to integrate their content.

“With innovative mechanics and thrilling themes, its varied games portfolio will be fantastic for our customers and we can’t wait to see their reaction.”

Tag: Latest News

Betixon Secures UK Gambling Commission Licence

Betsafe Embarks on its First Esports Sponsorship

Nebeus seeks Funding Through the Seedrs Crowdfunding Platform

Smart Bathroom Market Size Worth $6.69 Billion By 2027 | CAGR: 10.5%: Grand View Research, Inc.

Red Rake Gaming partners with Ously Games

MyMoneyMantra’s Phy-Gital End-to-End Fulfillment Model Recommended for FinTech Efficiency and Financial Inclusion

1X2 Network Integrates its Full Suite of Slots and Table Games with Twin Casino

Kaspersky Commended by Frost & Sullivan for Delivering Customer-Focused, Holistic Cybersecurity Solutions

BETBY Adds Tennis to Betby.games Esports Range

Yggdrasil signs content deal with Fortuna Entertainment Group

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