Press Releases
GeWeTe take cash handling to another level at Irish Gaming Show
Gauselmann Group owned GeWeTe, widely regarded as the international industry’s premier cash handling experts, continued its support of the Irish Gaming Show with a high profile presence and product display which featured the Cash Center Premium, Cash Recycler Premium, WGS 200 and WGS 102 Tap & Play. Reflecting on GeWeTe’s presence in Dublin and the market’s response to its product offering, Sales Manager for UK and Ireland, Mark Edmundson said: “Exhibitions and events such as the Irish Gaming Show are an invaluable opportunity to meet with the industry, listen to the issues of the day and demonstrate how we can help solve problems and wherever possible, create opportunities.
“This was GeWeTe’s fifth year in Dublin and followed our strong and successful showings at both EAG in January and last month’s ICE London. On a personal level I have been working with the Irish operators for over 30-years now and it was great to welcome so many visitors and familiar faces to our stand. The feedback we received was very positive and complimentary about both our portfolio and the technical back up that we offer. Although there was interest across our product line-up it was the Cash Center Premium with its stylish design and high capacity note dispenser – all backed by GeWeTe’s renowned reputation for reliability and high security features – that was the main talking point.”
He continued: “The industry is placing more emphasis on aesthetics and not just functionality and to that end many of our stand visitors highlighted the contemporary design of the range. Operators are making significant investments to deliver a contemporary consumer experience which means that all products need to complement and not detract from the environment in which they are sited. When products such as the Cash Center Premium are able to combine functionality, reliability, and great design with industry-leading technical back-up, you know you are on to a winner.”
Compliance Updates
Department of Trust set to meet challenges of new affordability checks
Department of Trust (dotrust.co.uk), the award-winning provider of financial risk assessments for safer gambling is poised to meet the challenges of the newly announced regulations on frictionless financial checks by the UK Gambling Commission and Betting and Gaming Council.
Under the new rules published by the Gambling Commission, operators have until August 30th to implement frictionless checks on all customers making £500 net deposits in any rolling 30-day period. These frictionless checks form part of a new regime designed to protect players at risk of financial harm and replace the current ad hoc approach to affordability checks.
Department of Trust also welcomes the interim voluntary code published today by the Betting and Gaming Council (BGC), the standards body representing over 90% of UK-regulated market operators. This code focuses on how responsible operators should support customers spending above the lower threshold set out by the Gambling Commission.
The supplier’s DoTrust Complete solution offers an integrated suite of frictionless and enhanced financial risk checks with a high level of automation capability -the only such tool built solely for safer gambling – and is perfectly positioned to help businesses navigate the newly regulated waters.
Charles Cohen, CEO of Department of Trust, said: “These important announcements flag the end of gambling’s ‘sus law’ where players faced seemingly arbitrary requests for personal information, operators were placed under a significant burden, and no one won
“We now know that in 120 days, every operator will need to perform frictionless checks on all players with net deposits in a 30-day rolling period of £500. A few months later this will fall to a much lower level.
“If operators want to protect their business, keep their customers and reduce costs, smart automation is the only answer.
“Department of Trust has spent over two years building the leading plug-and-play solution specifically for the gambling industry. Complete already automates over 90% of the processes required in both the new LCCP and BGC code. Now we know what the requirement will be, we are today committing to the goal of 100%. We want every operator and player to have instant assessments and sensible decisions cost-effectively. No one needs to lose sleep over this.”.
The post Department of Trust set to meet challenges of new affordability checks appeared first on European Gaming Industry News.
Press Releases
Energame appoints Nicholas Tymoshchuk as CEO
Energame, a global business consultancy and investment firm in online entertainment, announces the appointment of Chief Executive Officer Nicholas Tymoshchuk who will provide strategic direction for the company at an exciting time of growth and expansion for Energame and the iGaming industry.
Nicholas’s background includes 15 years of managerial experience and 6 years as a CEO. His career in business spans multiple sectors: energy, tech, real estate and investment management. He has represented international majors, built asset managers from the ground up, scaled up businesses and overseen international M&A.
Nicholas was previously Energame’s Corporate Affairs Director, a role in which he built Energame’s relationships with stakeholders worldwide, helping to steer the company through the industry’s rapidly changing landscape and playing an integral role in strategy, and business development.
Nicholas Tymoshchuk, CEO of Energame said: “Energame has an amazing team and a great entrepreneurial culture. We work across four continents and in some of the most dynamic and fast growing markets in the world. iGaming is one of the largest yet undiscovered industries in the global economy, and we at Energame believe it has an enormous potential. I’m very lucky to be leading our team into our exciting future.”
The post Energame appoints Nicholas Tymoshchuk as CEO appeared first on European Gaming Industry News.
a leading online casino licensed and operating exclusively in the Garden State of New Jersey
Playstar Casino partners with Fast Track to accelerate growth in US market
Fast Track, the leading provider of player engagement solutions to the online gaming industry, is proud to announce its latest partnership with Playstar Casino, a leading online casino licensed and operating exclusively in the Garden State of New Jersey.
Playstar Casino is renowned for its relentless focus and passion for providing the best player experiences in the market. Understanding this need as core to future success, Playstar sought a partner capable of delivering unparalleled solutions to enhance player engagement through AI-powered customer journeys and build 1:1 experiences at scale for each player and found Fast Track.
Using advanced AI, machine learning and real-time data insights, Fast Track provides the ideal solution to streamline operations and amplify player engagement, enabling Playstar to execute its strategy at scale and increase productivity.
Jon Bowden, Chief Marketing Officer of Playstar Casino, expressed his confidence in their choice, stating, “At Playstar, the player experience is paramount. Fast Track was the obvious choice for us due to their commitment to supporting our growth goals. We’re keen to automate the bulk of our strategy and work with the most advanced technology for personalization and modeling.
Jean-Luc Ferrière, Managing Director Americas at Fast Track, echoed this sentiment, remarking, “It’s always exciting for us to partner with an operator so dedicated to offering an unparalleled player experience. The team is very keen to start collaborating with Playstar to help them achieve and exceed their business objectives.”
The partnership between Fast Track and Playstar Casino marks an exciting chapter for both organizations as they work together to elevate player experiences and drive sustainable growth in the US online gaming market.
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