Baltics
Try your luck in various types games
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While casinos always have an edge, your betting strategy should begin with knowing which games have the lowest house edge. In general, you’ll find the lowest house edges with poker, blackjack, craps, and baccarat, but not all bets in these games have low house edges, so you have to know which bets give the house the lowest edge. While players can win and win big, over the long run, the house always makes a profit. If you want to find a great resource on game tips and try to play in an online casino, you may find a useful website is casinohex.se. Here are a few tips on betting to help you minimize losses and maximize your chances of gain.
Poker, of course, not only depends on luck, but on the skill of the players. One of the biggest betting mistakes made by beginning poker players is thinking that just because they have put money into the pot they have to stay in the game till the bitter end. But the act of putting money into the pot doesn’t help you win. If you feel sure you have been beaten, then go ahead and fold, because you don’t gain anything by playing a hand all the way to the end.
Also, you should be aware that online poker is often more aggressive than live poker. With online poker, you can win more by attacking the blinds and turning small advantages in your favor, but with live poker, those small edges may not be worth going after due to the different style of play.
Blackjack house edges differ depending on how many decks of cards are used, and whether blackjack pays out at 3:2 or at 6:5. The more decks of cards that are used, the greater the house edge. If you are a decent blackjack player who knows basic blackjack strategy, then the house edge is only about 0.5%. Some blackjack bets have huge house edges, like the “insurance” bet you may be offered when the dealer’s face-up card is an Ace. The insurance bet is basically betting that the dealer has blackjack, and there are only four possible cards in a deck that will give the dealer blackjack. So the insurance bet is a sucker bet, and you should avoid it.
Additionally, if you love playing blackjack, one of the best betting tips to learn basic blackjack strategy, which is not the same as learning to count cards. Once you learn basic blackjack strategy, you’ll get the house edge closer to its theoretical 0.5%.
With craps, the pass and don’t pass bets are your safest, because the house edge on pass bets is just 1.41%. On don’t pass bets, it’s only 1.4%. Most people choose to make pass bets at live craps tables as a sort of “positive vibe” for the shooter. The come-out bet is your best chance for winning a pass bet because there are six ways the shooter can roll 7 and two ways he or she can roll 11.
At the baccarat table, it’s all based on luck, except for the “tie” bet, which is based on gullibility. While baccarat carries an overall low house edge, the house edge on the tie bet is over 14%, so one of the best tips on betting in baccarat is avoiding tie bets. For baccarat in general, the house edge is 1.24% for player bets, and for banker bets it’s 1.06%, so baccarat overall has some of the lowest house edges in the casino.
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Baltics
Rīga City Council to Ban Gambling Halls in the Latvian Capital
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The Rīga city council is planning to ban gambling in the Latvian capital almost completely according to new regulations it has prepared.
The municipality has developed new binding regulations that will determine the territories in which the organisation of gambling will be prohibited. Rīga Mayor Vilnis Ķirsis said at a press conference that the main goal of the binding regulations is to make Riga gambling-free.
However, the plan is not in fact a blanket ban, though it stipulates that gambling is only possible in a few small areas.
Gambling will not be allowed to be organised in municipal real estate, neighbourhood centres, cultural monuments and their territories, their protective zones and in the building protection territories specified in the Riga spatial plan.
Juris Celmārs, Chairman of the Board of Olympic Casino Latvia Ltd., said that the planned restrictions could promote the development of a new niche of the shadow economy – unregulated, illegal gambling halls which would not generate any tax revenue.
“By preventing a legal and strictly supervised industry from operating, illegal places will begin to satisfy consumer demand,” Celmārs said.
The Latvian Interactive Gambling Association (LIAB) said that decisions must be proportionate and legal, otherwise the industry will be forced to go to court to defend its rights. There have already been lengthy legal battles over the matter.
“As a result, the industry’s losses and legal expenses may have to be compensated from the city budget,” LIAB representatives said.
The post Rīga City Council to Ban Gambling Halls in the Latvian Capital appeared first on European Gaming Industry News.
Baltics
Bombay Group Enters a New Era with Kevin McGowen taking the lead as CEO
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Bombay Group, renowned for its innovative approach to luxury gaming and hospitality, is set to embark on an exciting new chapter by appointing Kevin McGowen as the new CEO.
“Time has arrived to welcome all suitable discerning players from across the globe to experience our unparalleled gaming offerings,” said Mr McGowen as he sees Bombay Group as a global leader in redefining the gaming experience that combines cutting-edge technology, cashless systems, and private, exclusive environments to reshape the traditional casino industry. “I’m hugely impressed by the Bombay team’s dedication to elevating standards in the high-end gaming industry from a product and compliance perspective. One of my goals for the near future is to engage even broader global experience in the team,” added the new CEO.
The company’s interim CEO, Anita Brinke, has set the stage for Bombay Group’s next phase of growth as the final preparations for the opening of the unique venue are concluded, and the organisation is well-prepared for its ambitious goals. “The ultimate goal of my work of recent years has been to realise the unique vision of a destination that is totally worth a separate journey regardless of how much one has experienced in life. Only a few weeks remain until the opening of The Burman and in combination with the Bombay Club they will complete the redefining of modern high quality entertainment. Now is a good time to pass the baton so that Kevin can give our crown jewel the final shine,” said Brinke assuredly.
Kevin McGowen, a Chief Executive has over 30 years of experience in gaming, hospitality and relationship marketing. Most recently, he served as CEO of Les Ambassadeurs, a prestigious private members’ casino in Mayfair, London. Kevin’s career spans across major global gaming jurisdictions and client feeder markets, including Las Vegas, The Bahamas, London, the Far East, and the Middle East. Kevin’s extensive experience in both land-based and online gaming will play a pivotal role in realising the Group’s ambitious vision.
The Group is also pleased to announce Dajana Tiitsaar as Chief Operating Officer. Dajana’s strong operational background and extensive knowledge of local market dynamics will play a critical role in ensuring seamless daily operations. Dajana joined Bombay Group from Enefit, an Estonian based energy company where she last held the country manager position, she also has over a dozen years of experience in tourism, hospitality and marketing. Her appointment underscores Bombay Group’s commitment to operational efficiency and long-term success.
In August 2024, Bombay Group proudly opened the Bombay Club, alongside world-class restaurant, bars, and lounges in Tallinn. Looking ahead to March 2025, Bombay is set to open its highly anticipated hotel, The Burman, in Tallinn’s historic Old Town. Dating back to 1850, The Burman is among the city’s historic gems. The hotel will open with two additional restaurants, a bakery, and a spa, further enhancing and enriching the character of Tallinn’s historic Hanseatic town. This addition will complete the full buildout of the project, cementing Bombay Group’s commitment of delivering premium world-class experiences in gaming and hospitality.
The post Bombay Group Enters a New Era with Kevin McGowen taking the lead as CEO appeared first on European Gaming Industry News.
Baltics
iDenfy and 7bet team up to stop multi-accounting with AI-powered ID verification
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iDenfy’s advanced KYC tools will help streamline the onboarding process for 7bet’s gaming platform, minimizing multi-accounting or promo abuse rates
iDenfy, a Lithuania-based RegTech company specializing in AI-powered ID verification and fraud prevention solutions, partnered with 7bet, a leading Lithuanian iGaming operator offering sports betting and iGaming services. iDenfy’s Know Your Customer (KYC) software will help 7bet’s gamers access the platform quicker while ensuring legal compliance and minimizing fraudulent accounts, such as those who abuse the bonus system or want to overcome bans using multi-accounting.
In 2024, the iGaming industry witnessed a significant surge in fraudulent activities, with overall fraud increasing by 64% compared to previous years. Much of this fraud is due to duplicate accounts, commonly known as multi-accounting. According to Domantas Ciulde, the CEO of iDenfy, e-commerce marketplaces and iGaming establishments are the leading industries for multiple account fraud. This is part of the convenient nature of such services: you can access games or shop multiple items easily online.
However, D. Ciulde stresses that from a business perspective, this results in major financial losses, especially since fraud rings use bots and other techniques to bypass weak authentication measures. In regions like Western and Central Asia, sign-up and welcome bonuses are usually prevalent, which caused a decline rate in new signups due to fraudsters attempting to exploit these promotions through multiple accounts.
iDenfy’s newest partner, 7bet, offers a dynamic platform for sports betting and online gaming, focusing on providing a secure and engaging environment for users. Operating in a high-risk sector, 7bet faced challenges managing suspicious registrations, including users who are attempting to bypass KYC checks with duplicate accounts, fraudulent documentation, or automated bots. To detect multiple accounts, blocklisted users, or simply players who are abusing the promo system more efficiently, the iGaming business understood they needed a fully automated solution. As a result, by integrating iDenfy’s innovative solutions, 7bet has implemented a highly scalable and automated player onboarding process that helps to fully reduce the reliance on manual reviews and boost verification accuracy.
By integrating iDenfy’s identity verification software, 7bet benefits from an innovative system that is capable of recognizing, verifying and extracting data from over 3,000 identity documents across 200 countries and territories. This technology supports global compliance while providing 24/7 expert oversight to minimize fraud and system errors. Additionally, advanced biometric algorithms, including facial recognition and 3D liveness detection, ensure that only legitimate users are granted access. The system prevents attempts to use fake images, 3D masks, or other forgeries in the verification process, offering bulletproof authentication and security.
In addition to that, with iDenfy’s passive liveness checks, the company now ensures a frictionless onboarding experience, reducing duplicate account rates as the innovation evaluates the validity of a user’s selfie without requiring them to perform additional actions, such as turning their head. This dual approach, coupled with document verification, not only saves time for the user but also obscures security processes, deterring potential fraudsters from accessing exploitable information. According to iDenfy, this also works as a way to spot underage users who are trying to bypass KYC checks. “Our solution ensures that only age-appropriate, legitimate players access their beloved games, which is the key to maintaining transparent and fair play in this age-restricted sector,” said Domantas Ciulde, the CEO of iDenfy.
Justinas Bakšys, the COO of 7bet, highlighted, “Working with iDenfy has revolutionized our KYC procedure, allowing us to onboard consumers easily while guaranteeing regulatory compliance. Specifically, the passive liveness feature has lowered onboarding friction, giving our users a seamless and safe experience while safeguarding the platform against fraud.”
Domantas Ciulde, the CEO of iDenfy, added: “We’re thrilled to work with 7bet and bring up-to-date ID verification technology to their platform. Our goal is to deliver secure and user-friendly solutions that build trust while safeguarding the integrity of iGaming operations.”
The post iDenfy and 7bet team up to stop multi-accounting with AI-powered ID verification appeared first on European Gaming Industry News.
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