Latest News
The best on the market: Betfury gives $1500 for each invited friend
Unique opportunities for passive income are emerging in the crypto world. BetFury has launched a Referral Program with a $1,500 bonus and up to 30% commission. It has become the most profitable two-way system in iGaming. This article will briefly consider all its advantages.
About BetFury Referral Program
The Referral Program is a system of receiving rewards for attracting new users to the platform. BetFury has made it two-sided, which allows both the referrer and the referral to benefit. Income depends on the general wager and the choice of iGaming or iSports.
What does the referrer get by inviting a friend?
- $1,500 Referral Bonus: This bonus is credited instantly but needs a certain referral’s wager for withdrawal. The referral can enjoy playing Slots, Live, Original games, or Sports and simultaneously unlock the referrer’s reward.
- Commission up to 30%: This is a permanent reward for the activity of the invited friend. The income is calculated by the formula: Wager x House Edge x Commission. The commission is 30% for Sports, 15% for Slots/Live, and 5% for Original games. For example, if the referral bets $1,000 on Sports, the referrer receives $3.
What does a referral friend get?
- $200 Referral Bonus: This bonus is also credited instantly. Analogically, the reward is being gradually unlocked while the referral is having fun and making the wager.
- Shared Commission up to 50%: The referrer determines this percentage. The referred friend can earn 10%, 25%, and 50% of the total referrer’s commission. For example, if a campaign has a 10% shared commission and the referral makes a $20,000 wager in Original games, he will get a $1 reward, and the referrer will get $9.
Therefore, the BetFury Referral Program offers $1,700 referral bonus rewards in total and the opportunity for both sides to receive high commission rewards. The more invited friends – the higher the income. The number of referrals is not limited. The minimum wager to unlock the Referral Bonus is $500.
Market Comparison of Referral Programs
BetFury has the most profitable Referral Program in iGaming. This fact is based on comparing competitors in the crypto gaming industry as of September 28th. The difference between the BetFury Program and the Referral System of another popular platform:
Referral Program | Referral Bonus | Commission | Reward for the $1,000 Wager |
BetFury | $1,500+$200 | up to 30% | $0.75 x 2 referral bonus |
Popular Platform | $1,000 | up to 25% | $0,5 referral bonus |
Other iGaming platforms also use the formula: (Wager/2) x House Edge x Commission. It negatively affects the getting of top rewards quickly. It shows that each unlocking step gives half the crypto. Therefore, these facts prove the advantage of the BetFury Referral Program in the market.
How to Create a Referral Campaign?
- Go to the Referral Program page.
- Click “Create a new campaign” and create a unique referral code.
- Choose the preferred percentage of shared commission to make the offer more attractive.
- The system will create your link and code, which you can use to invite friends.
- Click “Share via socials” and see a basic referral offer message and the banner.
Asia
Goa Introduces an Entirely Online Lottery Platform
In a move towards modernising India’s lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.
Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. “Our mission is to democratize opportunities through technology,” Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.
Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. “With our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,” Gad remarked. “The technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.”
This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.
The post Goa Introduces an Entirely Online Lottery Platform appeared first on European Gaming Industry News.
Latest News
Catena Media Announces Board Changes
Catena Media’s board of directors announced the appointment of Stephen Taylor-Matthews as non-executive director and the departure of Øystein Engebretsen from the board of directors.
Based in London, Stephen Taylor-Matthews is a tech entrepreneur, executive advisor and investor with over two decades of experience in online gaming, sports betting and data analytics.
He is the founder of Polynate, an AI-first company delivering next-generation sports engagement solutions, and has worked at Underdog Fantasy, GoatGaming and Betgenius in previous roles.
Stephen Taylor-Matthews commented: “Catena Media is in a transformation phase and I’m excited to be joining the board at this juncture and to contributing my industry expertise and insight.”
The appointment coincides with the departure from the board of Øystein Engebretsen, who has served as non-executive director since September 2018.
Erik Flinck, Chairman of the Board of Directors, said: “Øystein has made a valuable and important contribution to Catena Media for more than six years. I warmly thank him for his efforts and wish him well in his current and future ventures. At the same time, I am delighted to welcome Stephen Taylor-Matthews to the board. His experience and expertise will be a valuable asset for Catena Media as we move forward.”
Stephen Taylor-Matthews’ appointment will become effective once all necessary filings are made with the Malta Business Registry, and his term will run up until the end of the next annual general meeting, in accordance with the Maltese Companies Act and Catena Media’s articles of association.
The post Catena Media Announces Board Changes appeared first on European Gaming Industry News.
Balkans
CT Interactive to Showcase Innovative Gaming Solutions at BEGE 2024
CT Interactive is going to showcase its innovative gaming solutions at BEGE, which will take place on November 27-28, 2024, at the Inter Expo Center in Sofia, Bulgaria. The company will present at stand 3.15А its top-notch slot catalogue featuring cutting-edge mechanics and engaging gameplay designed to appeal to various players.
Silvia Hristova, CT Interactive’s CPSO, stated: “We are excited to participate in BEGE, a central event for the gaming industry in Europe. This year, CT Interactive is showcasing a selection of games tailored to meet the evolving needs of our partners and engage players with innovative and localised content. BEGE offers a unique opportunity to connect with industry leaders, strengthen our relationships, and explore new growth opportunities in this dynamic region.
“We look forward to sharing our latest advancements and demonstrating our commitment to creating high-quality gaming experiences.”
The CT Interactive team at the expo will include Lachezar Petrov (CEO), Monika Zlateva (CCO), Silvia Hristova (CPSO), Antonio Donov (HBD EMEA & Asia), Kiril Kirilov (AM).
BEGE brings together manufacturers, online operators, affiliates, payment service providers and media professionals. This year’s exhibition will feature numerous companies from the gaming industry, showcasing their latest products, services and groundbreaking solutions.
The post CT Interactive to Showcase Innovative Gaming Solutions at BEGE 2024 appeared first on European Gaming Industry News.
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