Latest News
The Grand Opening of the ftNFT Shop, on December 22nd, in Dubai
For the first time ever in the entire UAE and MENA region, SoftConstruct presents the ftNFT Shop, a first-of-its-kind physical NFT shop coming to the Mall of the Emirates on December 22nd.
People have started to pick up on all the noise surrounding this opening. The ftNFT shop has been turning heads and getting lots of attention and with good reason. The services it strives to bring forward have never been done in a physical form before, such as the ability to browse, buy and sell NFTs in person. Visitors can also interact with and look through a unique variety of physical art and even create 3D avatars of themselves through a professional 3D Scanner.
When attending the grand opening, guests will have a special opportunity to meet NFT artists and exhibitors in person and to learn about their work firsthand. Among the attendees will be Amrita Sethi, the first NFT artist in the UAE and one that has created an original style of bringing art to life and vice versa through Voice Note Art. We will also see a wide collection of AKNEYE, a number of hand painted and unique eye sculptures, alongside the exclusive art toys by Chiko & Roko, all exhibited within the shop.
Together, this creates a fully immersive virtual and personal experience within the shop. The establishment of ftNFT Shop brings forward a new era of virtual-to-reality integration and interaction in our world. It opens up new roads to endless new avenues for virtual exploration and allows interaction with NFTs and the Metaverse like never before. The special pass required to take part in the grand opening has been created in the form of a free NFT that a visitor can claim in order to gain entry to the grand event.
Everything established by the ftNFT Marketplace has been with the intent to bring forward creative and bright ideas, and allow people to monetize their art while being able to trade with other collections. The first ftNFT Shop will be opened in the Mall of the Emirates, and the second will soon follow in Dubai Mall. By bringing these possibilities to two of the most luxurious shopping centres in the UAE, we make it possible for anyone to come in, learn more about the marketplace and take part however they like.
The opening of the first ftNFT shop in the Mall of the Emirates is coming up on the 22nd of December. It’s beginning to excite all enthusiasts and inquisitive minds alike. Soon, we will be able to unveil the project and make the world of NFTs available to everyone.
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eSports
NIP Group Partners with Abu Dhabi Investment Office to Accelerate Abu Dhabi’s Esports Industry
NIP Group Inc., a leading digital entertainment company, announced that it has entered a multi-year partnership with the Abu Dhabi Investment Office (ADIO) to drive gaming, media and entertainment growth in Abu Dhabi.
The five-year landmark agreement will see ADIO support NIP Group’s expansion in the region. Under the agreement, ADIO will support the Company with access to financial and non-financial growth opportunities valued at up to US$40 million over a four-year period. The NIP Group will establish its global headquarters in Abu Dhabi and will contribute to local employment in the esports and gaming sector. The Company will also increase its capacity across key business verticals in the region, including esports operations, creative studios and game publishing, alongside events and talent management.
Through the partnership, NIP Group will work directly with ADIO to advise on its gaming and esports strategy, leveraging Abu Dhabi’s location and resources to build a thriving local gaming ecosystem and deliver innovative digital entertainment solutions worldwide.
“We’re delighted to partner with ADIO as we bring together our Eastern and Western businesses, establishing a truly global headquarter that represents not only our growth as a company but the growth of gaming and entertainment in the Middle East. Our selection as a key partner is the ultimate testament to NIP Group’s industry legacy and leadership,” said Hicham Chahine, Co-CEO of NIP Group.
Mario Ho, Chairman and Co-CEO of NIP Group, said: “This partnership underscores our dedication to sustainable global expansion and operational excellence. This collaboration with ADIO not only reflects our growth ambitions but also our commitment to creating meaningful opportunities for local talent. By creating new jobs and amplifying Abu Dhabi’s leadership in esports and gaming, we aim to empower a new generation of professionals who will drive the gaming and entertainment sector forward in the Middle East and beyond.”
H.E. Badr Al-Olama, Director General of ADIO, said: “ADIO’s partnership with NIP Group reflects our shared ambition to lead in innovative industries of the future at the cutting edge of entertainment and technology. Welcoming NIP Group to Abu Dhabi represents an important addition to this endeavour, and we look forward to collaborating to ensure a dynamic future for Abu Dhabi’s esports and gaming industries.”
Through the partnership, NIP Group will have support from the broader Abu Dhabi ecosystem, which will help the Company expand its business in the Middle East and globally.
The post NIP Group Partners with Abu Dhabi Investment Office to Accelerate Abu Dhabi’s Esports Industry appeared first on European Gaming Industry News.
Latest News
BetConstruct Introduces The Last Battle Universe B2B Reward Feature for Partners
Within the ICE Barcelona 2025 framework, iGaming industry veteran BetConstruct has introduced The Last Battle Universe, a new B2B feature developed exclusively for partners that is set to change the ways businesses interact with partners.
The Last Battle Universe is a testament to how BetConstruct values its partnerships and remains committed to opening up new possibilities for mutual growth. The recent novel initiative allows partners to earn points after meeting specific pre-defined criteria. The points can include monthly turnover, active products and more.
The more of these points partners collect via The Last Battle Universe, the greater rewards they will unlock, with cashback on setup fees reaching up to 100%. Furthermore, The Last Battle Universe has zero setup fee for BetConstruct and Fastex partners, making it all the more inciting.
The post BetConstruct Introduces The Last Battle Universe B2B Reward Feature for Partners appeared first on European Gaming Industry News.
Compliance Updates
Dutch Gaming Authority Maps Risky Gambling Behaviour with Markers of Risk Research
The Dutch Gaming Authority (KSA) has used collected (pseudo-anonymised) player data to map indicators of risky gambling behaviour. With the results of the research, the supervisor can compare the various license holders with each other in other areas than just extreme losses.
Gambling problems and excessive gambling are often associated with the loss of large sums of money. Gambling large amounts of money can indeed be an indicator of risky gambling behaviour, but other indicators also play an important role in detecting problem gamblers, such as playing time or changes in gambling behaviour (for example, gambling more often or at unusual times).
Licensed gambling providers have a mandatory data vault (CDB) in which pseudonymised player and transaction data is stored. The KSA has analysed this data to map risky gaming behaviour, to look at (the usefulness of) applied interventions by providers and to compare the different providers with each other.
The study looked at various indicators of problem gambling: intensity (gambling many days, or losing a lot of money), loss of control (number of deposits per day), increase in gambling behaviour (gambling more often or for longer, spending more money), chosen game (for example sports betting versus slot machines) and interventions by the provider. The analyses were conducted based on one year of data from the CDB.
By comparing or linking different indicators, the KSA gained many new and interesting insights. For example, playing at night is generally seen as an important indicator of risky gambling behaviour. The data shows that players play casino games more often than sports bets at night. This could mean that casino games are riskier than sports bets. At the same time, it could mean that placing sports bets at night is a stronger indicator of risky behaviour: it occurs less often and deviates more from the norm.
The KSA is now looking at how this research and the findings from it can be used by the supervisor to gain more insight into possible problem players and how to tackle them. In addition, it is looking at how the insights obtained can be used in other ways to improve supervision.
The post Dutch Gaming Authority Maps Risky Gambling Behaviour with Markers of Risk Research appeared first on European Gaming Industry News.
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