News
THE HISTORY OF ONLINE GAMBLING – INFOGRAPHIC
Since the beginning of time people have been engaging in one form of gambling or another. From our days all the way to ancient Egyptians, Greeks or Chinese, where money’s been available, gambling was right there too! It’s well known nowadays that card games and paper money originated from ancient China. Historians believe that earliest form of cards first appeared in the old continent in the 14th century, probably via North Africa, and the first land-based casino appeared in 17th century in Italy thus providing a controlled gambling environment.
Online gambling or it’s first form to hit the internet was online casinos. In the same year that the company called Microgaming was established, 1994, the island’s Antigua and Barbuda passed their Free Trade and Process act. Antigua became the first country which made it possible for operators to apply for licenses. Microgaming claims to have been the very first company to provide a fully functional real money online casino: The Gaming Club.
Online gambling, with it’s humble beginnings in the Caribbean, has already transformed into a billion dollar industry. In the year 2010, online gambling generated revenues in excess of $29 billion. In 2017, online gambling is expected to generate $50.65 billion dollars and the experts predict that this will jump to $56.05 billion in 2018. Just so that you really understand and for comparison’s sake, Disney generated $52.47 billion in 2016.
The history of online gambling is very captivating, full of all sorts of twists and turns.
Have a look at the infographic below, from Casinosonline.com which highlights this billion-dollar industry from its humble beginning to its current state.
Affiliate Success
Slotsjudge Awarded Best Affiliate in CEE at Prague Gaming & Tech Summit 2024
It has been announced that iGaming entertainment and comparison site Slotsjudge has been awarded Best Affiliate in Central and Eastern Europe (CEE) at the Prague Gaming & Tech Summit. This prestigious accolade marks a significant milestone in the Slotsjudge roadmap and is a recognition of the company’s services to the iGaming industry.
The Prague Gaming & Tech Summit brings together organisations and projects from a multitude of sectors including iGaming, eSports, Blockchain, AI, Fintech and VR. It is a highly regarded event that recognises and celebrates the works that make up and shape, the future of gaming and technology.
The Achievement and Its Significance
Winning the award for Best Affiliate in CEE is a huge achievement for Slotsjudge as it recognises the services and experiences created by the company within the iGaming industry. It is a reflection of the growth of the brand, innovation, relationships and adaptation in the wider market.
By winning the category for Best Affiliate in Central and Eastern Europe (CEE), Slotsjudge had to rise above some tough competition. The highly competitive shortlist featured big players in the industry, including AskGamblers, Casino Guru, and Gamblers Connect among others.
Slotsjudge is a project that stands out from others on the market due to its player-centric ethos, trustworthy guidance and unique, community-led SJ Shop. It is a specialist adviser and comparison guide in the region that aims to connect experts with operators and consumers in the industry.
Importance of the Award
The award for Best Affiliate is a testament to Slotsjudge excellence and credibility in the industry. It elevates their status and positions them as a leading player in Central and Eastern Europe and beyond.
The GamingTECH Awards is a remarkable celebration that honours industry excellence, embracing the latest advancements and trends. Not only do they recognise outstanding accomplishments in the CEE region, but also celebrate exceptional achievements across a wide range of sectors, showcasing the diverse talent and innovation within the industry.
Future Outlook
The award demonstrates Slotsjudge’s exceptional framework for performance and credibility to continue on its path to success, centred around core pillars, including gamification, community engagement and consumer personalisation. It holds immense significance as it not only boosts confidence but also opens doors for further future growth. As well as providing increased opportunities and industry-wide recognition within the iGaming affiliate market.
Editor in Chief of Slotsjudge and Product Owner of parent company SEOBROTHERS Aleksandra Andrishaka commented on the award:
“I am incredibly grateful to accept the award for Best Affiliate in CEE at the Prague Gaming & Tech Summit. It is a true honour and a validation of our hard work, dedication, and commitment to excellence in this competitive market. Thank you to everyone who voted for us, and thank you to our wonderful Slotsjudge team.”
Affiliate Announcements
CasinoBeats Summit Set to Offer a Laser Focus on Marketing and Affiliate Strategies
Amidst the whirlwind of Google’s relentless updates and the intricate web of affiliate marketing, the upcoming CasinoBeats Summit, with a laser focus on SEO, AI content, and innovative traffic monetisation strategies, will offer marketers and affiliates a platform to tackle pressing inquiries head-on.
The ‘Marketing & Affiliation’ track will occur across both core days of the CasinoBeats Summit, 22nd – 23rd May, at the InterContinental Malta. The track will provide 4500 attendees with an in-depth exploration of key talking points shaping the worlds of marketing and affiliation.
Discussions will encompass leveraging innovative technology such as artificial intelligence (AI) and immersive video content to engage new audiences, the power of alternative marketing channels, and gaining a competitive edge through SEO strategies.
The panel titled ‘Finding CRM harmony: Automation vs Experience’ will delve into the growing influence of customer relationship management (CRM) and the most effective strategies for its utilisation. Industry experts Matthias S. Kaiser (Head of CRM at Tipico), Alexandru Ababei (CRM Global Promotions Manager, Betsson) and Zurab Magalashvili (CMO, Adjarabet), will explore how CRM implementation can align with existing processes for player experiences and how CRM data can aid in proactive responsible gambling initiatives.
The conference session ‘Future-Proofing Marketing: Unveiling Trends Beyond the Hype’ will discuss the latest marketing trends and assess their long-term potential. Marketing experts Calvin Samut (Head of Brand, Socios), Cecilia López Boronat (Marketing Content Manager, Clobet Limited) and panel moderator Dennis Algreen (Marketing Director, SBC Events), will explore the longevity of these emerging trends, the danger of chasing trends and whether businesses should prioritise long-term brand stability over fleeting marketing fads.
The conference on the second day will commence with the panel ‘Monetizing Traffic Beyond Traditional Models’ focusing on the significance of alternative marketing channels such as Whatsapp and Telegram. Experts Silvia Almeida (Chief Media Officer, Clever Advertising), Leanne Muleba (Chief Operations Officer, Matching Visions), Eleonora Norbiato (Head of Acquisition, SKS365) and panel moderator Maria Tsnompilantze (Content Marketing Manager, SBC), will deliberate over how useful these alternative channels are, what metrics are particularly relevant for monetization purposes and whether the quality or quantity debate is over in the age of SEO.
The panel titled ‘The Uncharted Territory of Grey Hat SEO – Traffic, Cloaking, PBNs, Parasite SEO and More’ will delve into the nuances of SEO and PPC tactics, exploring the benefits of both Google-approved and grey hat strategies. Led by experts Vadim Aidlin (Chief Executive Officer, PushnotiAds) and Julia Logan (CEO & Founder, Zangoose Digital), discussions will encompass the use of PBNs, the impact of bot traffic, successful partnership SEO strategies and best practices regarding cloaking.
The first core day of the event will also feature a dedicated ‘SEO Trilogy’, hosted by Ivana Flynn alongside a host of industry experts as they tackle the continuously evolving SEO landscape.
The conference will also provide delegates with dedicated tracks covering key industry verticals such as casino, leadership, industry, and regulation and dedicated sessions for women in gaming. Moreover, attendees will be able to participate in innovative session formats such as hackathons, roundtables, and workshops.
News
Why Crash Casino Games are Legal in Brazil
In a recent ENV Media’s insight piece, the mechanics and legal standing of crash games within Brazil’s regulated gaming environment are analysed. Explaining Aviator’s fixed-odds betting system and cash-out feature, it showcases the game’s adherence to transparency and fairness standards, and why it is regulated under the fixed-odds betting law.
The very essence of crash games falls under the current legal definitions of the Brazilian law, justifying their place in the online betting landscape. The “provably fair” game mechanics are taken to an exciting player-centric level, with strategic live decisions which align even better with legal requirements.
The legality of crash games in Brazil stems from their compliance with the country’s regulatory framework, particularly Law No. 14,790/2023. This law categorizes online games like Aviator under fixed odds betting lotteries, with their outcomes determined by future random events. The legal provisions ensure that as long as games offer fixed odds at a given point in time, and allow timely cash-outs, they remain within the legal ambit. This concrete definition encapsulates crash games, highlighting their lawful existence in the Brazilian iGaming landscape, as confirmed by legal experts consulted in the study.
The future of crash games in Brazil looks promising, with a call for more explicit guidelines and oversight to ensure responsible gambling standards. The comparison between Aviator and traditional sports betting illustrates the strategic decision-making inherent in these casino games, underscoring their similarity and the need for regulatory attention.
Notably, some further steps could be taken to certify testing laboratories for new games on the market but the executive cannot limit the application of the law as it is currently worded. As Brazil refines its regulations, the integration of games like Aviator into the legal framework is crucial for the industry’s growth, ensuring a dynamic and responsible gaming market.
Drawing parallels between Aviator and sports betting clarifies the decision-making and fixed-odds nature of both. Whether betting on a series of football games or the multiplier increase in Aviator, players make real-time choices with the option to cash out early. This similarity lies in the common gambling mechanics, reinforcing why crash games like Aviator align with traditional sports betting principles and thus, their legality and inclusion in Brazil’s gaming regulations.
Crash games represent a increasing segment in Brazil’s online gambling scene, blending real-time betting excitement with strategic gameplay. Their legal standing, rooted in Brazil’s regulatory framework, sets a precedent for a regulated, transparent, and responsible gaming environment. As the industry evolves, understanding and integrating games like Aviator will be pivotal in fostering innovation, ensuring integrity, and contributing to the economic landscape, heralding a new era in paid online entertainment in Brazil.