Industry News
Slot Games and the Technology Behind Them
It’s difficult, almost impossible to imagine a life without technology. The rapid development of technology changed the way people function, perform their daily duties and have fun. Modern society depends entirely on technology.
Businesses and individuals rely on technology in almost everything. For example, individuals turn on alarms on their phones so they can be sure they wake up in the morning and go to work. Businesses keep their most important secrets and reports on electronic devices, even on an invisible data storage called cloud. The way individuals and groups communicate and the way businesses maintain connections with their consumers are inseparable from technology. Our devices help us stay effective and efficient in everything we do.
How can a player be sure that it’s not all set up and that the player has a chance to win? Well, you can find out and start playing at casinochan.com!
Online Industry Growing
Researches suggest that technology makes our lives easier in many different ways. It doesn’t just help us perform our duties, but also help us relax and entertain. Almost everything we need, we have available on our mobile devices. If we want to relax, some apps can help us. If we want to have some fun and fill our day with excitement, thousands of game providers are there to help us. Online games are becoming more and more popular. Providers and operators record incredible growth. Among the games that people can have the most fun with and that bring a handful of excitement are slot games.
What is the technology that stands behind slot games? When there were just land-based casinos, we all knew how slot functioned. Slot machines were all wheels, cogs, and patterns. However, not many people know how online slot games work.
Online slots use software to generate a random outcome. A Random Number Generator controls the process. In online slot games, providers use checked and certified RNGs, because the industry is strictly regulated. These certified RNGs protect players. To be completely relaxed and sure that you play a fair game, make sure you do some research about providers, and you chose the one with accreditation. Depending on a game, your winning online slot will produce three, four, or five reels the same. If you see that outcome of your phone or your computer after clicking the mouse or tapping the phone’s display, you can be happy because you get the money.
Applications As the Future
Android and iPhones are both capable of running online slot games. They’re even more suitable than laptops and tablets. However, you can play slot games on every one of these devices nowadays. Modern hardware can present great graphics that stand behind slot games ass well as sounds that take a game to a new level. You can start playing at casinochan.com as of right now!
Technology is so improved that we can’t imagine what we can expect next. Slot games and advanced technology stat stand behind them, are becoming part of our lives, something so close to social media which have irreversibly infiltrated our lives.
Industry News
CogniPlay Launches New Social Casino Platform
CogniPlay has launched its new software product, which aims to provide a robust online sweepstakes or social gaming platform to its clients. The system is designed to be modular, allowing customers to tailor their brand and offering to what they believe will give them optimal performance.
The CogniPlay system has several key integrations which help to deliver the product, including games integrations with the likes of Pragmatic Play, BetSoft, Mascot Gaming and many more, giving them 100s of games for their clients. There are other integration options for their customers to pick from too, including affiliate programme software, CRM platforms and associated products, KYC, ID verification, Geo-IP systems, Gamification and customer support.
They also have a very long and extensive development pipeline which will see the product offering develop at pace, giving clients an extensive list of options and USPs, and of course giving players a great user experience as a result.
As well as the platform itself the CogniPlay team, due to their considerable experience, also offer a whole host of managed services, with almost a menu that clients can choose from to fill any gaps in their own skillsets or experience.
CogniPlay’s Chief Executive Officer Allan Turner said: “We are very proud to take the CogniPlay product to market and are excited that people who want to start a new social or sweeps brand can get in touch with us to see what we can do for them, or in fact established brands that are unhappy with their existing provider.
“Our underlying principles are that we want to provide the most flexible platform in the space, to enable our clients to create the product they want to have, not for us to dictate the product to them. The two other main areas of focus are that we want to be the most future-proof product on the market with plans for any regulatory or legal changes that may arise in the future, and that we have all the right safeguards in place to ensure that we look after both our clients and players with our responsible gaming setup. This of course means having the right tech and processes in the key areas of KYC, Geo-IP tech, anti-money laundering, fraud, risk assessment and ID verification.”
The post CogniPlay Launches New Social Casino Platform appeared first on European Gaming Industry News.
Hard Rock International
The Mirage Hotel & Casino to Begin Transformation into Hard Rock Las Vegas on July 17, 2024
Hard Rock International (HRI) announced its plans to cease operations of The Mirage Hotel & Casino as of July 17, 2024, to begin the transformation of the property into the highly anticipated Hard Rock Hotel & Casino and Guitar Hotel Las Vegas (HRHCLV).
Hard Rock will develop a new integrated resort featuring a nearly 700 ft. guitar-shaped hotel towering prominently in the center of the famous Las Vegas Strip.
“We’d like to thank the Las Vegas community and team members for warmly welcoming Hard Rock after enjoying 34 years at The Mirage. We’d also like to thank the Unions, community leaders, local and state government organizations and the Gaming Commission for their support and fair negotiations over the past year. Also, we are grateful to MGM for assisting with our transition,” Jim Allen, Chairman of Hard Rock International, said.
“While we pause for the incredible transformation of this iconic property, I’d like to thank all team members at The Mirage for their incredible commitment and helping us provide memorable experiences for our guests. We are planning to host collaborative hiring events with other employers in the Las Vegas community over the coming months. Connecting the thousands of talented Mirage team members who provide outstanding service with new employment opportunities is a top priority,” Joe Lupo, President of The Mirage, said.
HRHCLV is expected to double the current number of jobs at The Mirage for the Las Vegas community, while the renovation of the property will generate over 2500 construction jobs. Hard Rock will pay approximately $80 million in severance packages for eligible union and non-union employees remaining with the property through cessation of operations.
Industry News
IGT Reports First Quarter 2024 Results
International Game Technology PLC has reported financial results for the first quarter ended March 31, 2024.
“Innovative game, hardware, and systems solutions drove better-than-expected Global Lottery and Gaming & Digital performance in the first quarter. As a result, we are upgrading our full-year 2024 revenue and profit goals, which reflect broad-based momentum across key performance indicators in the balance of the year. We continue to make progress on separating Global Lottery from Gaming & Digital and preparing for the proposed transaction with Everi,” Vince Sadusky, CEO of IGT, said.
Key Highlights:
- Announced Gaming & Digital business to be spun off and combined with Everi Holdings Inc.; transaction expected to close in late 2024/early 2025
- Recognised with top honours at ICE London 2024 awards programmes including “Lottery Product of the Year” and “Best Diversity and Inclusion Employer”
- Received a supply contract extension from the UK National Lottery
- Executed licensing agreement with the Maryland Lottery for IGT’s patented Cash Pop draw-based game
- Mystery of the Lamp named “Top Performing New Premium Game” at 2024 EKG Slot Awards Show
- Awarded contract to provide PeakDual 27 video lottery terminals across Quebec
- Launched iGaming content in Rhode Island
- Achieved AAA MSCI ESG rating, the highest rating possible, and earned a gold medal sustainability rating from EcoVadis.
“We delivered a record organic profit performance in the first quarter, if we exclude Separation & divestiture costs. The Company is operating from a position of strength with historically low net debt leverage, ample liquidity, and manageable near-term debt maturities,” Max Chiara, CFO of IGT, said.
The post IGT Reports First Quarter 2024 Results appeared first on European Gaming Industry News.
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