Latest News
20 years in the game: TotoGaming celebrates its anniversary in the gambling industry
Published
2 hours ago
on
June 10, 2024
Reading Time: 2 minutes
June 10th, 2024 is an important day for the brand, TotoGaming celebrates its 20th anniversary. The history of Toto dates back to the lotto. Its founders launched TotoBet in 2004, just a few months before the UEFA European Championship. In 2012, TotoBet underwent its first rebranding and became TotoGaming.
Today, it is already an international brand, represented in Armenia and Romania, offering the best entertainment options and providing a large selection of products: sports betting, betting on Esports, slots, Live Casino, TV games, Virtual sports, Fast games, and skill games. But let’s focus on the numbers: TotoGaming offers 79 sports, over 500,000 pre-match and 1,100,000 live events, approximately 650,000 live streams, over 10,000 tournaments and championships, and 7,000 slots. And one of the biggest achievements of 2023 is TotoChat, which is a unique platform for sharing sports emotions and gaming experiences. It allows users to discuss the most anticipated sports events during matches on our website.
Over the years, the brand has evolved and improved, but its core values have been laid from the very beginning: honesty, safety, care, leadership, and, of course, a champion’s mentality.
The brand has always been at the forefront of innovation, transparency, and customer centricity. One of the most prominent ones was hosting the first live belote and backgammon tournaments in Armenia. TotoGaming has emphasized the development of sports, managed to sponsor 5 football clubs, and made a great contribution to the growth of young athletes by cooperating with sports educational institutions and establishing scholarships. In 2023, the brand’s entry into the Romanian market was announced with a launch campaign, the face of which was the legendary football player Luis Figo.
Today, Toto is a two-decade-old yet youthful brand, providing players with a unique gaming experience and an intriguing journey. It continues to hold the opinion that the path to victory is as important as the victories themselves.
Australia
Liquor & Gaming officers help venues prepare for ski season
Published
2 hours ago
on
June 10, 2024
Reading Time: < 1 minute
Liquor & Gaming NSW compliance officers have headed to the snowfields to help venues prepare for the opening of the snow season this weekend.
They will work with licensed venues around the Snowy Monaro region to help ensure visitors stay safe while relaxing when off the snow fields.
Liquor & Gaming NSW Executive Director Regulatory Operations Jane Lin said venues were sent an industry alert recently, to remind them of the need to prioritise the safe and responsible service of alcohol during the snow season.
“This pre-season visit by our inspectors aims to help venues and their staff understand their responsibilities under Responsible Service of Alcohol requirements to ensure they have a successful season while keeping their patrons safe,” she said.
“The NSW ski fields attract thousands of visitors each year, and we want to ensure that people stay safe when relaxing or partying in a licensed venue after a day on the slopes.”
Venues should ensure that:
- alcohol is served responsibly
- procedures are in place to prevent minors being served alcohol
- there is an emphasis on crowd control
- any promotions offered do not encourage the rapid consumption of alcohol or irresponsible drinking more generally.
Permitting intoxication on a licensed premises or supplying liquor to intoxicated persons or to minors are some of the most serious offences under the Liquor Act 2007, and carry penalties of up to $11,000, 12 months’ imprisonment, or both.
Blockchain
MultiversX Unveils Breakthrough In Blockchain Sharding; Enables Hyper-Scalability and Interoperability For Top Network
Published
2 hours ago
on
June 10, 2024
Reading Time: 2 minutes
MultiversX (EGLD), leading smart contract platform known for sharding, has announced the launch of Sovereign Chains, its breakthrough Blockchain-as-a-Service solution for the Web3 ecosystem. The new solution for layer 2s (L2s) inherits and extends further the outstanding capabilities provided by MultiversX, and offers developers a simplified setup process that only takes a few commands.
Beyond industry-leading performance and extended configurability, it also unlocks for the first time seamless interoperability for L2s built atop leading blockchains such as Bitcoin, Ethereum and Solana, solving the issues around fragmentation and isolation. To encourage development on the new Sovereign Chains infrastructure SDK, MultiversX has additionally announced a US$1 million grant program for builders.
In a live demo of the platform’s capabilities, the first Sovereign Chain ever deployed reached a constant throughput of over 70,000 transactions per second. To put this in perspective, existing L2 solutions shifting to Sovereign Chains will be able to see their throughput increase up to 100X. Sovereign Chains make all these leaps in terms of hyper-scalability and interoperability possible with the unique cross-shard module MultiversX operates on, modified and improved for native cross-chain operations, as well as a new consensus mechanism, new execution models and significant VM improvements.
Speaking on the successful rollout of Sovereign Chains, Beniamin Mincu, Co-Founder and CEO of MultiversX, said, “The Web3 world is encumbered by fragmentation and siloed ecosystems that limit interoperability and suffer from scalability issues. Through Sovereign Chains, we have taken the core capabilities of the MultiversX network – scalability, usability and security – and extended them to create the first truly unified Web3 ecosystem in a developer-friendly interface.”
Developers can leverage the powerful Sovereign Chains’ stack to create customized private or public blockchains, with a maximum degree of flexibility. They have the possibility to set, for example, gas fees in the token of their choice and build using any virtual machine, including EVM and the MultiversX VM, to suit their needs. Sovereign Chains can communicate natively with each other without external bridges and their associated risks & complexity, thus being ideal for intuitive and secure solutions for diverse sectors, such as healthcare, education, government services, financial systems or supply chain management.
As one of the most robust blockchain architectures globally, MultiversX boasts an ecosystem of 8200 dApps, with a close-knit community of developers & users spanning 40 countries.
One such developer, Alex Jilavu, Co-Founder and Lead Developer at OneFinity Chain, expressed confidence in the potential of Sovereign Chains to streamline both the development process and adoption, adding, “As a builder, the task of building a project from the ground up is extremely demanding. Sovereign Chains provide the foundational strengths of MultiversX, giving us the room to focus on developing what’s important for our product.”
OneFinity is working on an EVM-compatible platform, looking to open the Sovereign Chains ecosystem to Ethereum users and developers. It joins other companies such as CyberNetwork (GameFi), and Pi Squared (ZK Tech), leveraging MultiversX’s network sharding technology.
In addition to enhancing performance across blockchain networks, Sovereign Chains further inherits MultiversX’s on-chain 2FA capabilities, offering one of the most powerful security layers for users in all of Web3.
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