The growth of Macau Gaming

According to data released by Macau Gaming Inspection and Coordination Bureau, Macau’s casino gross gaming revenue (GGR) increased in August 20.4% year-on-year basis.

The regulatory body has announced on Friday that casinos generated nearly MOP22.68bn (US$2.81bn) over the last month. With these figures, the Cotai District continues its 13-month streak of revenue increases.

Overall, Macau’s total GGR for the first eight months of 2017 reached MOP172.02bn, rising 19% from the same period last year.

However, Typhoon Hato on 23 August caused extensive damage and forced some hotels and casino resorts to temporarily suspend their operations, so it is not a direct comparison. Grant

Govertsen of brokerage Union Gaming Securities Asia Ltd said: “As we noted last week in our series of on-the-ground notes post-typhoon, we believed that trends were returning to normal quite quickly and still expected a growth rate of over 20% for the month,”

"We further expect September to be in the high teens. All-in, the third quarter 2017 the growth rate could shake out to be broadly in-line with the second quarter growth rate in the low 20% range.”

Gambling Act of Czech Republic

The government of Czech Republic has announced its plans to restrict online bonuses and free bets, citing concerns over alleged links between these promotions and problematic gambling.

Last week, the Czech Ministry of Finance issued a document detailing its fears over operators’ bonuses, which it says induces customers to new gambling problems, and thus should be strictly controlled. 

“The casinos, appealing to instant and seemingly easy winnings, have become typical not only of the suburbs of the Czech cities, but also of the centres of smaller municipalities, and all of the related socially harmful activities pose a threat to public order and peaceful coexistence,” read the government report.

The report published late August states that the application of the law will be within the jurisdiction of the authority responsible for issuing and implementing permits. It also claims that “given the fact that gambling is an area of business that carries a negative social cost, as it causes pathological gambling and associated undesirable manifestations in a particular part of the population, a new legal framework has been put in place to improve consumer protection, the conditions under which gambling can be run, and not only the conditions relating to the direct provision of gambling, but also related activities such as advertising and others.”

This new legislation fits into the Czech Republic’s overall strict Gaming Act. Earlier this summer, legislators passed this policy which aimed to defend consumers’ rights and protection by controlling players’ spending.

The Advantages & Disadvantages of Online Gambling

Recently online gambling has taken the important place among the popular entertainments over the Internet. However, it has the advantages and disadvantages. Have a chance to learn the interesting article about the pros and cons of the gambling over the Internet: http://www.nerdly.co.uk/2017/08/17/online-gambling-overview-of-pros-cons

New Sales Director of NYX

NYX Gaming Group Limited, suppliers of digital gaming content to casino, sportsbook, lottery and bingo operators, have appointed Steve Mayes as its new third-party Sales Director.

Mayes' last role was Commercial Director of Ash Gaming’s open platform and third-party game providers. Notably he also worked in various management positions at Bet365.

The job will see Mayes be responsible for NYX’s Gaming Group network, growing and developing new third party suppliers.

Mayes said: “I’m thrilled and excited to have joined NYX Gaming Group. They have a fantastic customer base and a growing partner network with many of the leading suppliers in the industry.”

“My focus will be to work closely with our internal product leads and partners across the business to implement a clear third-party strategy.

“It’s important that NYX continues to attract and build long-term relationships with best-of-breed suppliers across casino, sportsbook and our full portfolio of products to offer the best possible third-party network for our customers.”

NYX Gaming Group CEO Matt Davey said: “We are happy to welcome Steve to the NYX Gaming Group team where he will have an integral role within our strategy that will further improve the products we offer our customers.

“Steve has extensive experience in the betting and gaming industry following his time at bet365 and Playtech. He will be a valuable member of our third-party network and we look forward to working alongside him.”

The Growth of Online Casinos in New Jersey

July has been all smiles for online casinos in New Jersey, surpassing $20m in gross revenue for the fifth month in a row and with two new online casinos now becoming fully licensed.

Figures from last month show an increase of 18.5 % year-on-year basis in online gaming. They reported a gross revenue of $20.6m, compared to $17.4m in the same period last year. Additionally, playMGM and Scores have been granted new licenses to operate.

Despite these growing figures, land-based casino revenue decreased to $247m in July, a 4% decline on year-on-year basis. Overall, New Jersey reported a total of $247m in gross revenue for the month of July. This signifies a 2.7% decrease from the $275m posted in July 2016.

Although online casinos have been a controversial issue in the US in recent years, these outlets have proven to be a great success in terms of revenue and profits. Since the introduction in the state of New Jersey in 2013, online casinos continued to boost the gaming industry. In the first half of this year, internet gaming revenue was $142m, which represents a 26.6% jump compared to the same prior year period .

The New Office of Gluck Games

Berlin and Gibraltar based, IGaming Company, Glück Games has announced the appointment of a new Chief Technology Officer.

Glück Games design and engineer casual lottery style based games for online and casino providers.

Razim has a lot of experience in the industry having co-founded GimiGames, a multiplayer skill gaming platform in Berlin and real-money Poker Company in Malta. 

Following the news of his appointment, Rafael Razim said: “I have been seeking my next challenge for some time now but it didn’t take very long, after talking to Robert and meeting the team, to decide that I had found that, here, with Glück. 

What they have achieved in such a short space of time and with so little resources is very impressive. The technology products and platform enhancements that we have planned will surely propel us to an even higher level and I am very excited to be part of the journey that lies ahead of us.”

Glück games will be hoping that Razim can add to the recent success of the company; after just 12 months Glück accumulated over €45m in annualised sales through operators Lottoland and Lottohelden.

Lenzhofer CEO said: “Our Berlin development team has expanded from just four people at the start to over twenty now. From a standing start, that team produced over 40 new games and our own, unique, Remote Gaming & Commerce Server (RGCS) in 2016”.

Lenzhofer added: “Throughout 2017 we are producing a further 100 games, our own game development kit and further enhancing our RGCS both in terms of new features and ever-improved levels of reliability. That level of ambition required a heavyweight CTO and, in Rafael, we now have that.”

Moon Princess Slot by Fabulous Play'n Go company

Play free Play'n Go slots to learn more about this perfect casino software provider, taking part in profitable Bonuses. 

This time they decided to release exciting newcomer – Moon Princess slot machine, dedicated to the heroes of the gorgeous Sailor Moon cartoon. 

Moreover, you will be amazed by the absence of the prized paylines and unique mechanism of the combinations creation. Here gamblers are going to meet hot and sexy beauties that will help to get huge winnings by using their magical abilities. 

Symbols

The main set of the symbols is represented by the pictures of the princess’ portraits, stars, bell, hearts and golden horseshoes. Of course, developers added the only one special pattern – Wild that is represented as the full Moon picture. It appears at the gaming field in two ways that I will tell you later. The full Moon replaces other symbols and receives huge money prizes.

The Advantages

The mechanics of Moon Princess slot game is quite special: in order to get the wins you have to collect 3 or more similar symbols. The combination will be deleted from the gaming field and the new symbols are able to come. The expelled symbols turn into Wild.

Magical functions of Princesses

The game includes 3 heroes – Love, Storm and Star. Each of them provides the special magical opportunities that will activate Princess Trinity Bonus. So, the following princesses have:

· Love replaces any symbols on the gaming screen

· Star turns Wild into two random symbols

· Storm is going to delete any symbols

Gamblers can get Bonus Free Spins after the removal of all symbols from the gaming field. You have to choose 1 princess and get 4, 5 and 8 Free Games.