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Xace to open new EU HQ in Malta, expanding payment services across the EU

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Account and payment services provider will use new Malta head office to drive further growth across Europe. 

Xace, the fast-growing account and payment services provider to businesses in the gambling sector, has announced plans for a brand-new Malta headquarters as it looks to continue its rapid expansion across Europe over the coming months.

The new head office will be used to manage the solutions offered to Malta-based businesses and personnel in the gaming industry, while also facilitating greater business development in key European markets.

Due to open in the summer, the office will also be home to Xace Europe, a subsidiary of Xace that will manage operations across the EU and provide greater access to its products and services for companies based in the region.

Xace has enjoyed rapid growth since launching a little under a year ago and especially among gambling businesses that struggle to acquire traditional high street bank accounts. The company already counts some of the industry’s biggest names among its customers.

It currently provides EUR and GBP business and personal accounts, each with virtual debit cards, throughout Europe. With European expansion a key focus for 2021, Xace saw Malta as the ideal location to open its new European headquarters.

David Hodkinson, CEO of Xace, said: “This is a very exciting development for Xace which comes such a short time after our initial launch. In just seven months we have scaled to one of the leading account providers in the gaming industry and with no signs of growth slowing down.
“Increasing our account offering in Malta was a no-brainer as it is the hub of the global gaming industry and where we absolutely need our European business to be based.”

Annie Osborne, CCO at Xace, said: “This is a milestone moment for us as we build on the tremendous growth Xace has enjoyed to date, making our products and services available to more gaming companies across Europe than ever before from our new Malta HQ.”

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Relax Gaming Releases its Latest Slot Game “Midnight Marauder – ClusterBreaker”

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Relax Gaming, the unique content provider and aggregator, has released its latest slot game Midnight Marauder – ClusterBreaker, the newest chapter in the popular Midnight Marauder series.

This latest release introduces fresh gameplay centred around a dynamic cluster-based mechanic, combined with high-impact bonus potential. Relax Gaming brings together familiar DNA with a distinctly new experience for both returning fans and new audiences alike.

Midnight Marauder – ClusterBreaker has been produced to engage high value and high volatility players with its “All or Nothing” Free Spins gamble feature, creating moments of heightened anticipation and excitement.

Tony O’Mahony, Chief Product Officer at Relax Gaming, said: “We’ve combined a recognisable brand with a powerful proven mechanic, designed not only to excite players, but to give operators a clear value proposition for their high value players.”

The post Relax Gaming Releases its Latest Slot Game “Midnight Marauder – ClusterBreaker” appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Wazdan schedules three-stage Network Promotion campaign for summer

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The operator-facing series runs 29 June to 13 September and uses Mystery Drop and Mystery Multiplier Drop mechanics.

Wazdan will launch a summer-long Network Promotion series for partner casinos, running from 29th June to 13th September. The campaign is structured in three stages with breaks between each phase.

The promotion will use Wazdan’s Mystery Drop™ and Mystery Multiplier™ Drop mechanics. The supplier said the programme is designed to be easy for operators to activate and will be supported with marketing materials, including promotional assets, brochures and newsletter content for partners to use across their own channels.

Alongside the promotion, Wazdan has a summer content roadmap with three slot releases scheduled: Mighty Hot™: Amazonia (30th June), Magic Fruit$: Cherries (30th July) and Mighty Crown™: Empire of Gold (6th August).

Radka Bacheva, Head of Sales and Business Development at Wazdan, said: “Summer presents a valuable opportunity for operators to keep engagement levels high, and this promotion has been designed to deliver exactly that through Wazdan’s proven promotional tools.

“Combined with our upcoming game releases, we are excited to offer partners a strong seasonal campaign with plenty of player appeal.”

The post Wazdan schedules three-stage Network Promotion campaign for summer appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Financial Trader Health and Safety Initiative

NCPG Launches Financial Trader Health and Safety Initiative

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The National Council on Problem Gambling (NCPG) has launched the Financial Trader Health and Safety Initiative in order to address potential behavioral risks associated with emerging financial trading platforms and prediction markets.

A donation of $2 million from Kalshi allows NCPG to build national capacity for this initiative in three key areas: building national infrastructure; expanding public awareness and access to support; and advancing research, education and collaboration.

Building National Infrastructure

NCPG will invest in educational resources, industry engagement, dedicated staff, and best-practice development to help ensure that responsible participation and consumer protection efforts evolve in response to emerging financial trading platforms.

This work will also include evaluating NCPG’s existing Internet Compliance Assessment Program (iCAP) for adaptation across the financial services and trading sector. As the nation’s first independent responsible gambling accreditation program for online gambling operators and suppliers, iCAP offers valuable guidance that can inform future responsible participation and consumer protection standards.

Expanding Public Awareness and Access to Support

A significant portion of the initiative will support public education efforts focused on trading-related behavioral risks, screening tools, responsible participation, and increased awareness of available support services, including the National Problem Gambling Helpline.

Advancing Research, Education, and Collaboration

The initiative will support training programs, stakeholder convenings, industry partnerships, and a national summit focused on financial trader health, consumer protections, and emerging financial markets.

The post NCPG Launches Financial Trader Health and Safety Initiative appeared first on Americas iGaming & Sports Betting News.

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