Affiliate Industry
MightyTips announces new partnership with SportBet
Published
4 mins ago
on
June 7, 2024
Reading Time: 2 minutes
MightyTips has today announced that it has signed a partnership with SportBet, a crypto platform focusing on iGaming, in a deal that will further increase the exposure of the site to a much wider audience.
SportBet is changing the world of iGaming with its decentralised platform built on the EOS blockchain. The company’s innovative approach eliminates the need for identity verification and deposits, making it easier and more accessible for users to engage with the practice of light entertainment.
With SportBet, anonymity is guaranteed as all transactions are recorded on the immutable EOS blockchain, which strengthens transparency and fairness. And with direct payouts to the user’s EOS account, there is no need for any third-party intermediaries, therefore reducing transaction fees and increasing overall cost effectiveness and efficiency.
They hold a license from the Mwali in the Comoros Union, and the sweeping mission statement from the site is to ensure it is a hub of enjoyable and relaxing iGaming entertainment.
Lola Niles, SportBet Affiliate Manager, said: “Sportbet.one partners with MightyTips to offer users high-quality and reliable options for bitcoin betting. This collaboration combines the extensive expertise and knowledge of both platforms, providing players with a unique experience in the world of sports betting.”
Eugene Ravdin, MightyTips Communications and Marketing Manager, said: “We hope MightyTips can help SportBet elevate this exciting concept to the next level. We can’t wait to get started working with an impressive group of tech entrepreneurs.”
According to a 2022 count from Chainalysis, a blockchain analytics company, there were about 70 crypto-friendly casinos and/or bookmakers in operation. That number has skyrocketed over 300 in recent years.
The ever-increasing demand for online anonymity, a seemingly unquenchable need for a shake-up of worldwide financial institutions, and the genuine uptick in iGaming quality means the industry continues to remain an attractive proposition.
Australia
Victoria Commission Launches Inquiry to Help Improve Bingo Regulations
Published
13 mins ago
on
June 7, 2024
Reading Time: < 1 minute
Victorians will be able to help shape a fairer, more modern bingo-playing landscape as part of a wide-ranging inquiry into regulation of the gambling activity, the Victorian Gambling and Casino Control Commission (VGCCC) announced.
By collaborating with industry stakeholders and the community, the Commission aims to deepen understanding of sector challenges and explore ways to enhance regulatory and industry practices, keeping the game social, safe and fair.
Commercially run bingo generates significant revenue. In FY23, reported bingo revenue was $107 million. This significantly exceeds Keno revenue in the same year of $61 million.
It is a game played by many communities and offers social interaction and the potential for prizes, with a proportion of proceeds designated to fund charities.
“In recent years, the commercial bingo landscape has modernised, transitioning from traditional paper-based gameplay to electronic enhancements with substantial jackpots”, said Commission Chair, Fran Thorn.
“Given this evolution, it is crucial for us to assess and address issues of fairness, integrity, and the potential for gambling harm, particularly among at risk groups such as seniors, First Nations communities, women, and lower income individuals.”
“Despite regulatory oversight, we continue to receive reports and allegations of unlicensed operators and potentially fraudulent activities,” Thorn added.
“This is an opportunity to really understand how bingo works and how it is evolving with technology. We understand the social outlet that bingo provides for many community members. We want to understand the risks, reduce the potential for harm, and put a stop to any behaviours threatening the integrity and fairness of the game.”
The VGCCC has invited all interested parties, including customers, industry participants, community organisations, and concerned citizens, to participate in the inquiry and contribute to shaping the future of Victoria’s gambling landscape.
Asia
BetConstruct Wins Digital Sports Betting Supplier at Global Gaming Awards Asia-Pacific 2024
Published
24 mins ago
on
June 7, 2024
Reading Time: < 1 minute
BetConstruct has been named Digital Sports Betting Supplier of the Year at the Global Gaming Awards Asia-Pacific 2024, emphasising its commitment to innovation and excellence in the sports betting market.
With its advanced Sportsbook solution, BetConstruct empowers operators with the freedom and flexibility necessary to tailor their offerings. Featuring high-quality software and advanced technology, the platform provides an engaging experience for players and meets the exacting standards of its partners. It includes over 140,000 pre-match events and 70,000 live matches monthly, supported by detailed statistics from more than 3000 leagues and 21 sports tournaments.
Moreover, the key features of this solution include multi-language and multi-currency capabilities, omni-channel access across various platforms, comprehensive risk management tools, and mobile compatibility for both iOS and Android. The platform also supports advanced betting tools and exclusive in-house content, enhancing the betting experience with innovative options such as sportsbook tournaments and jackpots.
This recognition from the Global Gaming Awards Asia-Pacific is a testament to BetConstruct’s ongoing efforts to advance the sports betting industry, setting new benchmarks for innovation and operational excellence.
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