888-Related Online Casino Draws the Attention of the UK Gambling Watchdog

The United Kingdom’s gambling watchdog has recently started an investigation into the activities of leading online casino 888’s subsidiary. The company in question has come in the cross hairs of the regulator because of concerns that it wasn’t taking sufficient steps to protect the interests of its customers.

Companies licensed to offer online gambling services in the United Kingdom are expected to conform to a number of rules, some of which are concerned with social responsibility. Exposure to gambling can lead to problem behaviours, as the anti-gambling lobby is quick to point out, and the accessibility and convenience of online gambling sites make their customers especially vulnerable. There have been many instances of people losing huge amounts of money at online gambling sites. Therefore, governments that allow online gambling tend put in place a number of regulations that are designed to help gamblers manage their activities at online casinos.

The UK Gambling Commission requires online operators to provide customers with a tool for self-exclusion from gambling. Customers can make use of these tools to set limits on how much and when they gamble. Customers can also use a self-exclusion tool to block themselves from the gambling site for specific duration of time, generally starting from six months. Gambling sites operating in the UK are also expected to offer a time-out feature for customers who want to stay away from the site for a day, a week, a month, or even six weeks.

It goes without saying that gambling operators aren’t particularly happy about the social responsibility regulations they have to conform to (even though they don’t have a choice in the matter). As a matter of fact, leading bookmaker William Hill has said that these self-exclusions have been given so much importance of late that its profits have felt a negative effect.

The news of the investigation by UKGC has spooked investors, with the company’s share prices dropping a substantial 7% to touch 279p. 888 has reacted to these developments by announcing that it was committed to providing its customers with a responsible and fun gaming experience. 888 has also said that it will be working along with the commission to find a solution to the problem.

Commenting on the issue, well-known brokerage Peel Hunt pointed out that 888 was a very responsible company. However, it would still most likely have to pay a large fine in punishment. In addition, it would probably also have to make some changes in the way the erring business operates. The company went on to say that the commission increasingly preferred to use public processes to regulate the industry. Companies would be very careful to conform to regulations for fear of facing bad publicity that can be very bad for business.

The UKGC has increased its efforts to bring about responsible gambling. It is doing this by ensuring that online gambling operators have all the information they require to offer their services responsibly. It has to be pointed out that BGO Entertainment, a Guernsey-based company, had to face a fine amounting to £300,000 on account of its misleading advertising campaigns for its website and that of its affiliates conducted from July 2015 to July 2016.

The Licence Conditions and Codes of Practice had been amended in May 2015 to require operators to refrain from misleading consumers on any subject. In other words, they will have to spell out the details of all promotional offers very clearly so that customers know exactly what they are entitled to and how they can get them.

While the UKGC refused to comment on the issue, 888 said that it would provide an update on it at the earliest.

CASEXE Launches a Brand New Online Casino Called Jolly Roger

CASEXE, the gambling software supplier, has declared a launch of a fresh online casino named Jolly Roger, on its platform. Jolly Roger Casino is a virtual house cultivated with a perceptive interface and alluring pirate style graphics that functions under the approval of Curaçao which is an island nation served as the most general licensors of online gaming industry. Katya Sambuka, TV hostess and model, was requested to commence the Jolly Roger Casino’s advertising campaign.

Games Offered by Jolly Roger Online Casino

Jolly Roger provides a variety of admired games by chief providers such as Endorphina, Amatik, TomHorn, GameArt and Igrosoft. The project strategy contains an integration of Microgaming content in the near future. The customers of the website are granted with unique bonuses as well as promotions. The customer support is available all day.
The corporation has stated that Jolly Roger is satisfied with CASEXE team, placed on an association of a dynamic platform, a simple interface, simultaneously with a profusion of online gambling.

The Russian Gaming Week to Showcase Games That are Available on Online Casinos Like Jolly Roger

The professionals of the corporation are proposed to gain more knowledge regarding the project at the stand B1 in the Russian Gaming Week 2017. The event will be held on 7th and 8th June. CASEXE will demonstrate its products at stand B1, along with distributing judgments and processes best suitable for the present scenario of the online gambling business. It is also feasible to book a business consultation for the purpose of acquiring responses to any questions concerning the products of the respective corporation by visiting the developer CASEXE’s certified site.

CEO of CASEXE to make a Speech at the Russian Gaming Week

Ivan Kondilenko, CEO of CASEXE will be a participant in Russian Gaming Week which will take place in Moscow. He will give a speech at a forum labeled as “The format of white label operation in online gambling, including benefits and risks for operators.”

As the segment of his demonstration, the specialist will address the following problems:

  • The white label layout in the online gaming market
  • Positive as well as negative attributes of exercising this solution
  • Covered constraints and drawbacks of a white label
  • White label distinctions among numerous kinds of gambling
  • When to utilise white label

About the CASEXE Company

The products of CASEXE are CASEXE Configurator, Online Casino Platform, Bitcoin Casino and VR Casino.

The Online Casino Platform

CASEXE online casino platform is a productive, multi-functional and powerful means for building a gambling market online from the start. The potentials are unlimited of CASEXE platform, and permits to enforce the most demanding and unique projects.

CASEXE Configurator

CASEXE Configurator is an exclusive product in the globe of gambling; admitting to building your individual online casino positioned on somewhat formerly developed templates. Using the configurator, you can formulate a casino and start a business project online straight away.

Bitcoin Casino

Presently, Bitcoin Casino is the first and the most recognized cryptocurrency in the world. It offers several advantages and specifics and hence has succeeded to gain faith and courtesy of the casino players. This is the reason why CASEXE has built likelihood to incorporate this payment system in all the web casinos powered by CASEXE platform. CASEXE is all prepared to build a specific casino functioning particularly with Bitcoin or incorporate the Bitcoin service as one of the probable payment methods.

The VR Casino

The corporation CASEXE provides its customer services of VR/AR casino accession, executing singular projects that would contain all the desires and necessities of a probable casino operator. CASEXE has handled to build an exclusive department liable for project illustration containing augmented actuality and virtual reality technologies.

A New Aerosmith-Themed Slot Launched by Zynga Called Hit It Rich! Slot! Have You Played it Yet?

Aerosmith fans, it is time to get excited because free to play slots experience has created Hit It Rich! slot just for you so that you can engage with your favourite band.

Online slot lovers and fans of one of the most popular rock bands ever, Aerosmith, will now be able to see the band in a whole new avatar with the launch of Zynga’s new free to play slot game based on Aerosmith, called Hit It Rich slot. The game is available for all the slot lovers on Google Play for people with Android devices and also the App Store for iPhone and iPad users.

Hit It Rich! Slot Gameplay

This brand-new slot perfectly mixes the gameplay of a nicely designed online slot with some of the greatest tunes of all time by Aerosmith. A partnership between one of the leading slot developers Zynga and Epic Rights, which is Aerosmith’s global brand management company, made this possible.

“Zynga has taken the personality and attitude of Aerosmith the band and translated it to a mobile game experience,” said Joe Perry of Aerosmith. “The social aspect is very cool. I’m sure we’ll be seeing high-score challenges waged in-game amongst all of our fans around the globe.”

“Zynga is a leader in the mobile social game development, which is why the Band chose to develop with them this unique extension of the Aerosmith brand,” said Dell Furano, who is the CEO of Epic Rights. “The release of the new slot game based on Aerosmith slot comes right in time with the band’s Aero-Vederci Baby! Tour and delivers on the brand’s promise to share unique and exciting experiences with their fans across all media platforms.”

This slot is a perfect combination of popular Vegas styled slot gameplay and Aerosmith’s fan image along with the band’s music. The game also features extra wilds, bonus games, and free spins, to ensure that the fans get a new way to engage with their favourite band, along with winning some cash rewards.

After getting tremendous response from sold out shows in South America, Aerosmith is now heading to the Middle-East and Europe, with their Aero-Vederci Baby! Tour. The tour is set to cover countries like Russia, Germany, Sweden, Denmark, Poland, France, Portugal, Spain, Italy etc.

More About Aersomith – The Inspiration Behind Hit It Rich! Slot

Aerosmith has been one of the most popular and loved Rock & Roll bands in the past 45 years, that has influenced millions of people from all over the world, mainly because of their groundbreaking music, live concerts, and mass appeal.

The band has sold over 150 million albums till date and won a countless number of awards that include Grammy’s, American Music Awards, MTV Awards, and Billboard Awards. Apart from being inductees in the Rock & Roll Hall of Fame, the members of the band – Steven Tyler, Tom Hamilton, Joey Kramer, Joe Perry and Brad Whitford, have also earned the valuable gold, platinum as well as multi-platinum certifications from RIAA, for their record-breaking music in the form of songs, albums and videos. For all the Rock & Roll lovers, Aerosmith is one of the must-see bands of all time.

More About Epic Rights

Epic Rights is an international branding, licensing and rights management company, dealing with some of the most famous celebrities from across the globe and various entertainment brands. They have a huge list of retailers, lincensees and agents working for them globally. The various list of services provided by Epic Rights include, branding/licensing, social media management, music merchandising, fan clubs and VIP ticketing. The headquarters of Epic Rights is located in Los Angeles, California. More information about Epic Rights can be found at www.epicrights.com.

Strategic Tactics Employed by Online Casinos to Raise Their Profits and Customers

In 1962, a book written by Professor Ed Thorp named Beat the Dealers, providing methods to beat blackjack, scared casinos and the casino holders held a discussion and consequently modified the rules of the game which wiped out their business as the players thought that the casinos were partial. Few weeks after the alteration, the casinos were compelled to revive the previous rules to attempt to get their customers back. This process worked fine and the casino revenues exceeded those which were gained before the release of the book and persisted in rising over time.

Changes in Casinos and Strategic Tactics Used

Many experienced players are well-known with the functions of casinos and also how particular modifications can influence the playability of games with time. The most dominant change in table games has been the addition of the 6:5 payout on natural blackjacks which elevated the casino’s edge to roughly 2%.

For slot games, the shift from the classic three-coin, three-reel machines to the multi-line, multi-credit slot machines with a range of observable themes are the fresh models that manage casinos. The capability of multi-line, multi-credit varies from the three-coin version. For instance, Wink Slots is a chief online slots site which offers both kinds with the capability of the slot being mentioned so a player can view accurately how they function.

These become the two modifications seen in last 20 years while other changes contain numerous side bets proposed on casino table games as well as diminished payout schedules.

Revenue Affected by These Strategic Tactics and Changes

Casinos viewed an initial rise in profit with these changes but as the tech bubble burst in 2000 with the housing industry disintegrated in 2008, the low-level players for whom these changes were majorly made, did not possess the expendable earnings.

The casino market wasted tens of billions of dollars from 2008 to 2016. The Las Vegas casino market lately gained revenue after 8 years of enormous losses by taking huge amounts of debt and reorganizing them. Additionally, the comps were cut severely, the casino resorts commenced resort fees with the hotel costs, casino administrators took critical pay cuts and casinos initiated charging for parking.

Value for Gambling Dollars of Players Using Strategic Tactics

The gamblers desire value for their gambling dollars which are explained below:

Time of Play

When the rules of a table game are fine then the gambler drops money at a passive rate as compared to the game having poor rules. For example, the 3:2 blackjack game has roughly 1.4% higher benefit for the player compared to 6:5 blackjack game. Also, the three-reel slots possess a 99.7% payback; while the multi-line, multi-credit machines possess a payback between 95 -96%.The casinos are wearing out gamers at a faster rate with these greater held ratios. The value has decreased by roughly half which compels players to be converted into customers.

Game Theory

It is a branch of mathematics that relates with trade-offs.

Tit for Tat

It is the most outstanding proposal which signifies that you gain something when you submit something.

Nothing For Something

This tactic points to a non-returning customer base which is distinct from standard customer base 80/20 rule and is switched to 80/15 or 80/10 rule.

The motive of a casino is to entertain the players and compel them to stay for long. Even when they are not winning, casinos would offer freebies like food, free rooms, and free shows. This together with games with fine rules would make players gamble for long. Improved comps and games and high value will entice players with expendable income for casino gaming.