Gaming
KuCoin Ventures Announces Strategic Investment in FantaGoal
KuCoin Ventures, the investment arm of the global cryptocurrency exchange KuCoin, has announced a strategic investment in FantaGoal, an eagerly anticipated Web3 game for this summer. This collaboration marks a significant milestone in the evolution of the Web3 gaming market, emphasising the strategic partnership between KuCoin Ventures and FantaGoal.
FantaGoal is poised to capture the attention of football fans worldwide by integrating elements of the Euro Cup, Copa America, Fantasy sports and AI, delivering the most exhilarating football gaming experience. With the aim of building the world’s largest football ecosystem, FantaGoal has secured partnerships with many football stars as well as numerous football clubs and large football communities. Leveraging its innovative one-stop custody wallet solution, FantaGoal enables Web2 football fans to seamlessly transition into Web3 gaming.
The strategic partnership between KuCoin Ventures and FantaGoal is expected to unlock new opportunities for both parties. By leveraging KuCoin Ventures’ industry insights, FantaGoal is set to achieve substantial growth. Conversely, FantaGoal’s innovative gaming solutions will diversify the services offered by KuCoin Ventures. Key highlights of the partnership include enhanced user engagement for FantaGoal, advancements in seamless user integration from Web2 to Web3, and innovations in game economics and ecosystem design.
“KuCoin Ventures is thrilled to partner with FantaGoal, a platform that shares our vision for an open and accessible financial future. This investment is not just financial; it’s a strategic move to integrate FantaGoal’s innovative gaming solutions into our ecosystem,” Johnny Lyu, CEO of KuCoin, said.
KuCoin Ventures has been actively seeking out and investing in promising blockchain and cryptocurrency projects that align with its vision of a decentralised and inclusive financial ecosystem. The investment in FantaGoal is a testament to KuCoin Venture’s commitment to supporting projects that bring transformative solutions to the market.
The post KuCoin Ventures Announces Strategic Investment in FantaGoal appeared first on European Gaming Industry News.
ADG
Arizona Department of Gaming Reports $43.9 Million in Tribal Gaming Contributions for the First Quarter of Fiscal Year 2025
The Arizona Department of Gaming (ADG) announced today $43,926,346 in tribal gaming contributions to the Arizona Benefits Fund for the first quarter of Fiscal Year (FY) 2025. This amount represents an
approximate 3.6 percent increase when compared to the same quarter of FY 2024.
The Arizona Benefits Fund receives 88 percent of tribal gaming contributions, providing significant dollars to support instructional improvement in schools, trauma and emergency care, tourism, and wildlife conservation throughout the state.
FY 2025 Qtr 1 Total: Tribal Gaming Contributions to the Arizona Benefits Fund.
“We are pleased to report yet another increase in the first quarter of the FY 2025, reflecting steady growth in the state’s tribal gaming industry,’ said Jackie Johnson, Director of ADG. “This growth highlights the continued strengtht
of the partnership between the state and our Arizona tribal partners. Notably, cumulative tribal contributions to the Instructional Improvement Fund have now surpassed $1 billion, demonstrating the significant and ongoing impact of tribal gaming on education and communities across Arizona.
Per the Arizona Tribal-State Gaming Compact, Tribes with casinos also contribute a percentage of their Class gross gaming revenue to cities, towns, and counties. Currently, there are 25 Class Il casinos in Arizona, which ADG
regulates in partnership with Arizona tribes. Since FY 2004, approximately $2.3 billion in cumulative contributions
have been received by the state and its cities, towns, and counties.
Gaming
SPGA Announces Social Sweeps Game Sector Video Briefing
G2E 2024
TCSJOHNHUXLEY Launches Next-Gen Qorex 2 Electronic Gaming Terminals at G2E 2024
TCSJOHNHUXLEY the world leader in live gaming solutions, unveiled its revolutionary Qorex 2 electronic gaming terminals at the Global Gaming Expo (G2E) 2024. This innovative platform boasts completely redesigned terminals offering unparalleled configuration options to suit any casino floor.
Players can enjoy a seamless gaming experience with a simple touch screen interface. The extensive library features both live and RNG games, including Roulette, Roulette Xtra, Sic Bo, and Baccarat, along with customisable side bets, catering to diverse preferences.
Built for continuous operation, the Qorex 2 features upgraded hardware for unparalleled performance and reliability. The terminals showcase cutting-edge software with improved graphics, delivering an immersive and visually stunning gameplay experience.
The Qorex 2 empowers operators to tailor the gaming environment to their specific needs through customisable side bets. This feature caters to a wider audience and enhances player engagement on the casino floor.
“We’re thrilled to showcase groundbreaking innovations at G2E 2024 such as our new Qorex 2.” says Tristan Sjöberg, TCSJOHNHUXLEY Executive Chairman. “With its advanced features, including enhanced multi-game functionality, customisable side bets, and a focus on player experience, the Qorex 2 is designed to deliver an unparalleled gaming experience for both players and operators.”
As TCSJOHNHUXLEY continues to push the boundaries of gaming technology, the Qorex 2 platform is designed to be adaptable and scalable. Stay tuned for exciting developments that will further enhance the gaming experience for players and operators alike.
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