Connect with us
Prague Gaming & TECH Summit 2025

Latest News

FUN token adds BETR technology and leadership

Published

on

Reading Time: 2 minutes

 

FUN token is pleased to announce that it has reached agreement with the BETR Foundation to merge both party’s interests and work together to bring decentralised and peer-to-peer gaming to its huge and growing user base.

BETR raised funds in 2017 to build a peer-to-peer betting solution and proceeded to execute, with a fully-fledged betting client launching in time for the FIFA World Cup in 2018.  The technology developed included an in-game betting system with rich market coverage and peer-to-peer betting facilitated through a complex smart contract ecosystem based on the BETR ERC20 Ethereum token.  More recently it extended the system to offer casino gaming.

FUN is now able to take advantage of the technology and expertise developed for BETR as part of an agreement to merge the tokens.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

BETR holders will be able to switch their BETR for FUN through an automated swap system which will cause the BETR tokens to be burned in exchange for FUN.  Through an automated swap system BETR tokens will be swapped for Fun at a rate of 4 BETR = 1 FUN – system details to be released within the next week on https://betr.org.  BETR tokens acquired through the swap system will be burnt and BETR will be delisted from exchanges.

As part of the transaction FUN will acquire all technology developed for BETR and key personnel will join the new FUN team, building the future of decentralised gaming.  BETR CEO Adriaan Brink will assume the role of CEO of the FUN token and will grow the team and spearhead the new drive to grow opportunities for FUN.

Brink has a wealth of experience in the online gaming industry, starting in 1995 with lotteries and progressing through all gaming verticals over the past 25 years.  He also co-founded Earthport (now Visa Direct) in 1999 and his payments experience combined with gaming make him the ideal person to take FUN to the next level.

Brink said “I am truly excited to have this opportunity to take what we have learnt and combine BETR with the fantastic FUN community and the huge audience of Freebitco.in in order to deliver on what all of us always dreamt of – a decentralised gaming infrastructure more suited to the modern era”.

FUN will soon announce plans on how it intends to move forwards with a suite of products including side-chain and off-chain gaming engines to counter the issues of Ethereum gas prices, a new casino site with a rich suite of games, and other gaming opportunities including peer-to-peer betting.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Freebitco.in has over 40M users and significant daily traffic and will play a pivotal role in expanding the FUN token user base.  The company intends to set aside a percentage of profits from activities to be burnt on a regular basis which will reduce the supply figures downwards.

3.75Bn of the cold storage FUN tokens were purchased recently by Freebitco.in.  This was the culmination of an ongoing exercise to accumulate tokens for use within their loyalty program.  As a consequence of this, these tokens are no longer in cold storage and the supply figures on Coinmarketcap will update shortly as follows:

Total supply                          : 10,999,873,621
Circulating supply                : 10,298,879,189

Powered by WPeMatico

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

Douglas Harrison

MotorCity Casino Hotel Promotes Douglas Harrison to Director of Slots

Published

on

motorcity-casino-hotel-promotes-douglas-harrison-to-director-of-slots

 

MotorCity Casino Hotel has announced the promotion of Douglas Harrison to Director of Slots. Harrison brings over 23 years of technical and operational experience to his new role.

Since joining MotorCity in 2001, Harrison has been a key asset to the team, starting as a Technical Shift Manager. Over the years, he has excelled in various roles, including Slot Manager and Project Manager, successfully leading slot projects and developing strategies to optimize both operational efficiency and technical performance.

“I look forward to working with our talented team to enhance the guest experience and drive innovation within slot operations. I’m excited to introduce new ideas and further improve our slot offerings,” said Harrison.

“Douglas’ deep understanding of the Slot Operations and Slot Technical Departments positions him to lead every aspect of this critical area of the casino, ensuring sustained excellence and growth,” said Stacey Young, Senior Vice President of Casino Operations.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post MotorCity Casino Hotel Promotes Douglas Harrison to Director of Slots appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

AJ Mazza

Jamie Foxx Spotlights BetMGM Casino in New Commercial

Published

on

jamie-foxx-spotlights-betmgm-casino-in-new-commercial

 

BetMGM, a leading sports betting and iGaming operator, is premiering its first online casino commercial featuring company brand ambassador Jamie Foxx. The 30-second spot entitled “Vegas Lights” showcases the relationship between the award-winning online casino and MGM Resorts International, with Foxx using the BetMGM mobile app to illuminate iconic Las Vegas experiences with each successive tap.

“BetMGM has been a phenomenal company to work with the past few years and creating this new commercial for their online casino was no exception. I love the way the spot turned out,” said Foxx.

“Vegas Lights” follows Foxx as he travels to several of MGM Resorts’ Las Vegas destinations including Bellagio, ARIA Resort & Casino and MGM Grand. The commercial emphasizes the connection between playing online and earning in-person rewards, such as show tickets and resort accommodations. Created by BetMGM’s award-winning agency of record, Highdive, the spot was directed by the award-winning duo, The Malloys, with Superprime, and shot with renowned cinematographer Jeff Cronenweth.

Casey Hurbis, Chief Marketing Officer, BetMGM, said: “Jamie Foxx is an extraordinary talent and a pivotal part of the way we showcase the best of BetMGM. This spot brilliantly captures BetMGM’s major differentiator of blending online and in-person casino experiences.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Mark Gross, Highdive Co-Founder and Co-CCO, said: “No one lights up Vegas like BetMGM and Jamie Foxx. Our new ‘Vegas Lights’ spot showcases how BetMGM Casino, and its real-life connection to Vegas, can make every moment feel like a win.”

The commercial will air in the five markets across North America where BetMGM Casino currently operates including Michigan, New Jersey, Pennsylvania, West Virginia, and Ontario.

AJ Mazza, Brand Director of BetMGM, said: “Jamie is a fantastic ambassador and opens up so many creative ways to unleash our brand. His energy and humor on set was irresistible, and it was an honor to collaborate with him.”

The post Jamie Foxx Spotlights BetMGM Casino in New Commercial appeared first on Gaming and Gambling Industry in the Americas.

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

Boyd Gaming

Valley Forge Casino Resort Appoints Martha Morales as New VP and GM

Published

on

valley-forge-casino-resort-appoints-martha-morales-as-new-vp-and-gm

 

Valley Forge Casino Resort, a premier gaming and entertainment destination, announced the appointment of Martha Morales as its new Vice President and General Manager, pending regulatory approval.

Morales brings extensive leadership experience in the gaming and hospitality industries, most recently as Assistant General Manager of The Orleans Hotel and Casino in Las Vegas, a Boyd Gaming property. Prior to joining Boyd Gaming in 2023, she held various leadership roles at a major casino on the Las Vegas Strip.

Morales succeeds Ron Bailey, who has been appointed general manager of Boyd Gaming’s new casino resort development in Norfolk, Virginia.

“I am absolutely thrilled to join Valley Forge Casino Resort as General Manager and couldn’t be more excited for the opportunities ahead. The dedication and passion of this team are truly inspiring, and I look forward to working together to elevate the guest experience. Communication and collaboration are central to my leadership approach, and I’m committed to fostering an environment where every team member feels empowered to contribute and share their ideas,” said Morales.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

A graduate of the University of Nevada, Las Vegas, with a bachelor’s degree in Hotel Administration-Hospitality Management, Morales also holds an MBA from the University of Southern California. Throughout her career, she has been recognized for her leadership and industry contributions, including being named one of UNLV’s 50 Most Intriguing Alumni and a Las Vegas Inc. 40 Under 40 honoree. She was also honored by OutFront Media during Hispanic Heritage Month for her impact on the Latino community and was recently recognized as one of 2024’s Women Rising in Gaming by CDC Gaming and Global Gaming Women.

The post Valley Forge Casino Resort Appoints Martha Morales as New VP and GM appeared first on Gaming and Gambling Industry in the Americas.

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