Industry News

Call for Ireland to Ban Credit Cards in Online Gambling

Published

5 years ago

January 17, 2020

A betting industry lobby group has called for the Government to follow the UK and ban credit cards in online gambling.

Problem Gambling Ireland said the introduction of such a ban here could have a significant impact in tackling gambling debt.

“Having a facility for people to gamble with money they don’t have is extremely dangerous,” Barry Grant, chief executive of Problem Gambling Ireland, said.

However, Mr. Grant said such a ban is unlikely to be introduced in Ireland until the country’s long-awaited independent gambling industry regulator is in place.

European Gaming Congress 2024 (Warsaw, Poland)

The UK Gambling Commission has said that, as of April 14, British-based punters will not be able to use credit cards to make bets or deposit money into online betting accounts.

The UK ban will apply to all online and offline gambling products, with the sole exception of over-the-counter lottery tickets.

Before Christmas, Mr. Grant described as “absolutely shocking” industry figures showing Irish punters gambled close to €10bn — including more than €800m on lottery and scratch card products — last year, making Ireland the seventh-highest gambling country in the world.

“As a nation, we are developing an increasingly dysfunctional relationship with gambling,” he said at the time. Research by the UK’s betting regulator classes 22% of online gamblers, in the country, who use credit cards as “problem gamblers”.

“The ban on credit card usage for UK gambling deposits likely represents a low single-digit percentage risk to related gaming revenues. The latest in a recent series of more onerous regulatory changes, it also acts as a further reminder that the UK opportunity is no longer what it once was,” Davy analyst Michael Mitchell said.

Industry News

SUZOHAPP Appoints Geoff McDowell as New President

Published

2 days ago

January 21, 2025

Niji Narayan

suzohapp-appoints-geoff-mcdowell-as-new-president

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SUZOHAPP has announced the appointment of Geoff McDowell as its new President, effective October 1, 2024.

McDowell previously worked at SUZOHAPP from 2010 to 2017, successfully leading the gaming business in Australia and Asia. He rejoins the company from Coinflip, a global digital currency platform, where he was SVP/GM of US Kiosks. Prior to that, he held the position of CEO of Atlas Gaming Pty Ltd, an Australian developer of proprietary gaming content and products.

“We are thrilled to welcome Geoff back to our global leadership team to lead one of our core divisions. His proven track record in growth and strategy execution will be invaluable as we continue to serve our customers and achieve strong results. We also extend our gratitude to Sim Bielak for his years of dedicated service and leadership at SUZOHAPP,” said Drew Scielzo, ACON Partner.

Geoff McDowell is excited about his return and the opportunity to drive SUZOHAPP’s success. “SUZOHAPP is an exciting company with tremendous growth potential and a strong team. I look forward to embracing this new challenge in an industry I am passionate about,” he said.

The post SUZOHAPP Appoints Geoff McDowell as New President appeared first on European Gaming Industry News.

Industry News

Amusnet Releases Showtime Roulette 500x

Published

6 days ago

January 17, 2025

Niji Narayan

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Amusnet has released Showtime Roulette 500x, where entertainment meets innovation. This fast-paced European roulette reinvents the classics, featuring a host who presents, entertains and spins the wheel for a seamless, engaging experience. With every spin, a random multiplier can increase the payouts by 50x, 100x, 150x, 200x, 250x and 500x for a thrilling experience. Showtime Roulette 500x offers a fantastic gaming experience that is sure to entertain and captivate players.

What truly sets this game apart is its groundbreaking customisation capabilities. Leveraging advanced chroma technology, operators can transform the game environment to reflect their unique brand identity. The possibilities are endless, from integrating their logos to designing bespoke background themes. This level of personalisation enhances brand visibility and delivers a tailored, immersive gaming experience that resonates with players, making every session feel distinctively crafted.

Dynamic Paytable

Up to five numbers and a win multiplier of between 50x and 500x are selected at random for bigger rewards!

Instant Re-bet function

Pick again the lucky numbers for the last 15 spins!

Statistics for Hot & Cold

Make your strategy with statistics for the last 500 spins!

Jackpot Cards with scheduling option

Once the Jackpot Cards Bonus game is triggered, impressive Jackpots are revealed!

The post Amusnet Releases Showtime Roulette 500x appeared first on European Gaming Industry News.

Industry News

GROUPE PARTOUCHE: Acquisition of a Building at the Foot of the Arc De Triomphe to House its Parisian Gaming Club and its Head Office

Published

6 days ago

January 17, 2025

Niji Narayan

groupe-partouche:-acquisition-of-a-building-at-the-foot-of-the-arc-de-triomphe-to-house-its-parisian-gaming-club-and-its-head-office

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Groupe Partouche has acquired a building, strategically located at Place de l’Etoile in Paris, at 10 avenue de la Grande Armée.

With a surface area of over 8000 m² spread over seven levels, this building will undergo development work to accommodate its Parisian gaming club currently located on rue de Berri.

This building will also house the headquarters of Groupe Partouche.

The post GROUPE PARTOUCHE: Acquisition of a Building at the Foot of the Arc De Triomphe to House its Parisian Gaming Club and its Head Office appeared first on European Gaming Industry News.