Connect with us

Press Releases

Paysafe predicts a soar in sports betting with the introduction of 5G

Published

on

 

New consumer research from Paysafe shows almost half (49%) of weekly sports bettors say the introduction of 5G to sports arenas is important to them

41% of sports bettors expect to be able to place in-stadium and in-play bets at large sporting events

Paysafe, a leading specialised payments platform, has unveiled international research into the impact of 5G on mobile sports betting in the US, UK and Germany. The report reveals that just under half (42%) of regular (e.g. weekly) sports bettors across countries anticipate increasing their in-play sports betting activity with the emergence of 5G. And over a fifth (21%) say that 5G means they plan to increase the number of sports they bet on.

At present, only 14% of sports bettors have no concerns at all about placing bets during events. Almost a quarter (22%) of sports bettors have concerns over delays in placing bets, and a fifth (19%) are worried about poor internet connection via their mobile device when placing a bet. One in five (18%) of sports bettors think they don’t have enough information at their fingertips be to be comfortable with making in-play bets.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

With 37% of all active players preferring to place bets on a smartphone or tablet, the advent of 5G suggests that players will feel more comfortable betting more, as the risk of slow connectivity will be reduced. Furthermore, over half (55%) of all current sports bettors said that the ability to make payments from anywhere was the reason why they used a mobile platform.

5G presents an opportunity for better connectivity and increased bandwidth, which, in turn, provides more real-time data enabling players to make faster and better informed betting decisions. This will support the two thirds of current and prospective players (61%) wanting to be able to make more wagers on mobile platforms across the US, UK and Germany.

In contrast, almost half (51%) of regular sports bettors are currently reluctant to place bets when attending a sports event due to the varying quality of 4G connections. 49% of consumers felt that the introduction of 5G in sports arenas is important to them, with almost half (48%) saying they would be more likely to place a bet through their mobile app if they were at a game with 5G coverage.

There is also an expectation that in-play and in-stadium betting will soon be commonplace with 41% of all sports bettors surveyed saying they expected this to be available at most large sporting events in the future.

Daniel Kornitzer, Chief Business Development Officer at Paysafe, says: “5G offers a lot of growth opportunities for operators of mobile betting platforms as it gives better searching, faster transactions and improved in-play functionality. Our research clearly indicates that consumers have the appetite for the progress and flexibility we see with the emergence of this new standard of wireless connectivity.  For players, it’s all about being able to place bets safely, anytime and anywhere. We would urge sports betting operators to be ready for the increased traffic on their platforms – it’s a huge opportunity for them.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The full report, can be found herehttps://www.paysafe.com/mobile-sports-betting-2020/. Paysafe and its brands Skrill, NETELLER, paysafecard and Income Access will be attending ICE London, taking place at ExCel London this week, at booth number N7-320.

Latest News

Swintt unleashes the power of the Parthenon in Olympus Wilds

Published

on

swintt-unleashes-the-power-of-the-parthenon-in-olympus-wilds
Reading Time: 2 minutes

 

Sought-after software provider’s new Greek mythology-inspired slot sees players summon Floating Wilds that can send their winnings soaring on any given spin

Get ready to step into the Athenian Acropolis and take your place alongside the mighty gods and goddesses of Ancient Greece in Olympus Wilds – the brand-new SwinttSelect slot where unique Floating Wilds can set players payouts soaring for sky-high wins.

Set to a backdrop of the majestic Parthenon, Olympus Wilds is a five-reel, 20-payline title that features the likenesses of Zeus, Ares, Artemis, Athena and Poseidon as its higher-value symbols. Packed with exhilarating bonuses, the game boasts a maximum jackpot of 8,000x the selected bet and includes a Buy Feature button that gives players easy access to its main Free Spins round.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

In both the Free Spins and the base game, the key to unlocking Olympus Wilds’ most divine payouts comes courtesy of a unique Floating Wilds mechanic.

Triggered whenever two or more wild symbols appear during a single spin, these icons will ascend from the reels before coming down again in random positions to create additional paylines as a free re spin is triggered.

Should any additional wilds appear during this re spin, this powerful feature will be repeated for even greater potential prizes – and if this happens to occur during the Free Spins, all winnings will also benefit from a progressive multiplier that can boost players’ payouts by a maximum of 10x!

As an added gift from the gods, this progressive multiplier is also present during the game’s second feature, which is a Hold & Win bonus similar to those found in other Swintt titles. Activated whenever five or more coin symbols stop in view, players will initially be granted three re spins to collect further prizes, with the counter resetting whenever a new coin symbol appears.

Not only that, but for each subsequent coin collected, the progressive multiplier will increase by one, with this being applied to the value of all prizes once the reels have been completely filled or no new coins appear and the player is returned to the base game with their collected winnings.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

David Mann, Chief Executive Officer at Swintt, said: “This month, Swintt is inviting players to explore the intriguing world of Greek mythology and claim divine riches worthy of the gods themselves in Olympus Wilds. A medium-high volatility slot with a maximum jackpot of 8,000x, Olympus Wilds introduces a new Floating Wilds mechanic that can turn any spin into a big winner – particularly during Free Spins, where potentially monumental multipliers are also up for grabs!”

The post Swintt unleashes the power of the Parthenon in Olympus Wilds appeared first on European Gaming Industry News.

Continue Reading

Compliance Updates

QTech Games sharpens its LatAm focus with MINCETUR licence in Peru

Published

on

qtech-games-sharpens-its-latam-focus-with-mincetur-licence-in-peru

 

New certification for emerging-markets leader arrives ahead of key industry summit in Sao Paulo and awards recognition

QTech Games, the leading game aggregator for emerging markets, has had its platform and games successfully approved for the Peruvian market, demonstrating that its premier B2B platform and all-encompassing content conforms to the latest legislative updates to enhance and regulate Peru’s local gaming environment.

Peru’s Ministry of Foreign Commerce and Tourism (MINCETUR) has now issued an online gaming licence to QTech Games, whereby all its platform products and games are now deemed legally permitted. This includes its new software service for retail, QTech Hybrid, which allows land-based partners to scale their operations online. QTech Hybrid simplifies transactions by enabling deposits, withdrawals and gameplay while allowing access to players both in-shop and on personal devices.

This breakthrough hybrid solution has quickly won clients and awards in the comparably fragmented African market (most recently in March for Best Innovation at AGE Lagos), and now promises to do likewise across LatAm, where QTech Games has already signed several major clients for both its aggregation platform and its QTech Hybrid solution. This activity has seen it again nominated for Best Aggregator at the SiGMA Americas Awards, which kickstart the SiGMA Americas summit (7-10 April) next week, as the igaming world converges on Sao Paulo for a must-attend conference in another of QTech Games’ “focus markets” for 2025.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Philip Doftvik, QTech Games’ CEO, said: “It’s fantastic to have certified our aggregation platform in Peru via MINCETUR – and I’m pleased to say we have more such approvals pending across the continent. We attended fantastic events in Rio and, more recently, SAGSE 2025 in Buenos Aires – and anticipate more of the same at SiGMA Americas in Sao Paulo next week, where we’re also thrilled to have been shortlisted for Best Aggregator at their LatAm Awards. Given the venue, Brazil will be dominating the discussion for many at SiGMA Sao Paulo. However, we’ll also be looking beyond Brazilian borders this year, and are already active in Mexico, Chile, Colombia and Paraguay. We know our QTech Hybrid solution will work very well wherever we put a pin on the LatAm map.”

QTech Games delegates will be present at five more LatAm summits in 2025, with SiGMA Americas (7 April) the next port of call – followed by GAT Expo Cartagena (28 April), SBC Americas (13 May), Peru Gaming Show (18 June) and GAT Expo Mexico (28 Aug).

The post QTech Games sharpens its LatAm focus with MINCETUR licence in Peru appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Latest News

Loot & Labyrinths: Roll the Dice for Riches

Published

on

loot-&-labyrinths:-roll-the-dice-for-riches
Reading Time: 2 minutes

 

Play’n GO invites players to delve into the thrilling realm of Loot & Labyrinths, where tabletop RPGs meet the spinning reels. Combining strategic dice rolls with rewarding slot mechanics, this 5×3 video slot offers an unparalleled fantasy experience.

A group of friends begins a tabletop adventure, only to find themselves transported into the game itself. Now, players must help their avatars – the wizard, rogue, paladin and barbarian – navigate treacherous dungeons, battle formidable foes, and claim legendary loot. With every spin, the stakes rise, bringing the thrill of dice-driven RPG mechanics to slot gaming.

With Loot & Labyrinths, Play’n GO brings a fresh take on role-playing themes, allowing players to engage in encounters that test their luck and strategy. Whether facing off against monsters, looting treasure, or enjoying a well-earned tavern break, every decision can tip the odds in their favour.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The game’s standout features elevate its strategic depth. The Random Encounter mini-game challenges players to roll their way through three unique events: Monster Attack, Treasure Lair, and Tavern Night, each offering distinct rewards and opportunities to boost multipliers up to 5x. Meanwhile, Dungeon Free Spins push the adventure further, allowing players to draw buffs that transform symbols, grant extra spins, and unlock progressively higher multipliers – culminating in a potential 100x boost.

For fans of immersive slot storytelling, Loot & Labyrinths builds on Play’n GO’s legacy of rich narratives, aligning with titles that transport players to otherworldly adventures like Champions of Mithrune and Trinity Impact. Its engaging mechanics and stunning fantasy-inspired artwork make it an ideal choice for players who enjoy both slot gaming and RPG-style strategy.

Head of Game Retention at Play’n GO, George Olekszy, said: “We love bringing fresh ideas to the slot world, and Loot & Labyrinths is a prime example. The blend of dice-rolling mechanics with engaging slot features offers a unique experience. Players will appreciate the strategic choices, immersive theme, and, of course, the chance for epic wins!”

With its dynamic gameplay and rich fantasy setting, Loot & Labyrinths is set to captivate players seeking a new way to spin and strategise. Ready your dice – fortune favours the bold!

The post Loot & Labyrinths: Roll the Dice for Riches appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania