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How Saudi Arabia intends to Become a Global Hub for Gaming and Esports
Qatar is hosting the FIFA World Cup, but Saudi Arabia is making sure it is not left behind. The Kingdom has made a whopping investment worth $37.8 billion which is designed to serve a single purpose – elevating Saudi Arabia’s status as a global hub for gaming and esports. Much of this is owed to the forward-thinking Mohammed bin Salman, the Crown prince, who has seen competitive video gaming as a way to appeal to young voters and beckon to international youth that Saudi Arabia is more progressive than previously thought.
Building the Esports and Gaming Future of Saudi Arabia
All of the recent events seem to help the Saudis on their way to becoming a major force in the world of competitive video gaming. According to reports, Shily, Electronic Arts, Valve, and Riot Games are considering holding events in Saudi Arabia. Qatar will be a test site to see if the country can use esports and gaming to bring in tourists.
Prince bin Salman is very perceptive, as he realizes that competitive video gaming alone is not the solution. The prince is adamant about creating jobs in the region and ensuring everyone has opportunities. In the meantime, esports has taken off in the Kingdom and viewers of digital eSports content from Saudi Arabia have drastically increased during 2022. eSports betting is no exception and accounts for most visitors to www.arabwinners.com. Saudi Arabian viewers also account for the majority of subscribers to their YouTube channel where they live stream local and international eSports events in Arabic.
But Prince Bin Salman himself is making a gamble on eSports. He similarly wants to create more employment opportunities for young Saudis, having encouraged investments from overseas developers, such as Ubisoft and Electronic Arts who are exploring the idea of setting up more permanent offices in the Kingdom. By 2030, bin Salman wants to see as many as 39,000 jobs linked to video gaming created in the Kingdom.
As the west strongly shifts towards battery-powered means of transportation and renewable energy, this should give the Saudi Arabian economy yet another outlet to make it more adaptable and nimble as fuel revenue is beginning to slowly but noticeably dry up. Additionally, investing in video games makes a lot of sense. The multi-billion dollar esports business is continually growing.
Even while there are some worries that China would ban esports and reduce their total value, the rest of the world appears to be catching on. Saudi Arabia and the Middle East joining is a good thing for video games all over the world, especially since eSports in China are on the decline because of their strict rules. But only time will tell whether the Saudis’ bid is successful.
All the Tell-Tale Signs of Success Are Already There
Even though Saudi Arabia is a relatively new destination for eSports betting, the country is already exhibiting clear signs of sustainability and long-term success. The officials tasked with changing Saudi Arabia’s reputation as an esports and gaming-friendly nation are doing a good job of building the local ecosystem.
People don’t usually play video games in public, but attendance at FIFA and PlayerUnknown’s Battlegrounds tournaments has stayed the same. In a report released earlier this year, Boston Consulting Group observed that the country’s move toward more eSports and gaming is unquestionably a beneficial move and that it reflects well for both its image and future investment potential.
According to the group, the nation already has more than 23.5 million gamers living there, so there is unquestionably the grassroots power to move things along quickly. But it seems that Saudis may still be a little cautious to seek a career in professional video gaming, unlike gamers from Asia, Europe, and North America. It will be clear that Saudi Arabia’s eSports market is expanding once we start to see more professional players there as well.
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Xpoint Launches Groundbreaking New Product to Reduce Geolocation Costs for Operators
Trust Mode feature reduces unnecessary location checks by over 20%
Xpoint, a leader in geolocation security solutions, has unveiled its proprietary Trust Mode feature, a patent-pending product that allows online gaming operators to realize previously unattainable efficiencies while remaining compliant with all state regulations and enhancing player satisfaction.
Trust Mode is a product feature that decreases geolocation checks while complying with state-mandated check frequencies by minimizing location checks when a player is connected to a residential or office WiFi, even if they are near the border. Results have shown that Trust Mode reduces geolocation service checks by over 20%, allowing Xpoint customers to realize significant cost savings compared to legacy industry technologies.
“Trust Mode is a clear example of how competition fosters innovation,” the Chief Executive Officer for Xpoint, Manu Gambhir, said. “There is no need to frequently re-check the location of a bettor connected to Wi-Fi at their home despite being located near a state border.
“As well as benefiting operators, end users also benefit from Trust Mode as their battery usage will decrease due to the operator’s ability to reduce the number of location checks for players without accuracy being sacrificed. This technology will serve as a game-changer for operators looking to get the most out of their geolocation service provider.”
Xpoint is licensed and authorized in 20 states and the District of Columbia across its current customer portfolio including names such as Bet365 and PrizePicks. Trust Mode delivers efficiencies to an industry that has remained largely static due to previously low levels of competition. Trust Mode saves iGaming operators money while enhancing user experience. Roll-out for the service is expected later this year.
The company’s flagship geolocation platform for iGaming, Xpoint Verify, is an advanced toolset for geo-compliance. The service is focused on being the most accurate, allowing players in permitted locations and denying all others including those attempting to spoof their location. Xpoint Verify detects and prevents fraud while providing valuable marketing insights to operator customers.
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SBC Summit North America: Stages, Sessions, and Speakers Highlights
The 2024 SBC Summit North America is set to bring a diverse array of stages, sessions, and esteemed speakers, in an event that promises to deliver numerous opportunities for learning, networking, and collaboration. Let’s delve into the highlights from each day of this groundbreaking summit:
Day 1: The Prelude to Insight
As the curtains rise on the inaugural day of the summit, attendees are greeted with a plethora of engaging sessions spanning regulatory compliance, responsible gambling initiatives, and the latest technological innovations. The stage is set for dynamic discussions and thought-provoking insights as industry leaders converge to explore the intersection of regulation and commercial growth.
Day 2: Navigating the Regulatory Maze
Against the backdrop of New York’s iconic Tribeca 360, day two of the summit takes center stage with a focus on regulatory compliance and responsible gaming practices. Attendees can anticipate deep dives into the complexities of mergers and acquisitions, the role of AI and big data in betting, and the imperative of responsible gambling technology. With expert speakers offering guidance and expertise, participants are empowered to navigate the regulatory maze with confidence and clarity.
Day 3: Charting the Course for Growth
As the summit enters its penultimate day, the spotlight shines on strategies for sustainable growth and innovation in the gaming industry. From exploring the symbiotic relationship between responsible gambling initiatives and long-term profitability to harnessing the power of emerging technologies, attendees are treated to a wealth of insights designed to drive commercial success while upholding the highest standards of integrity and compliance.
Day 4: The Grand Finale
As the final day dawns, anticipation mounts for the grand finale of the SBC Summit North America. Attendees can look forward to a culmination of key insights, actionable strategies, and memorable moments as the industry’s brightest minds come together for one last day of inspiration and collaboration. From live editions of the Safe Bet Show to dedicated conference tracks covering sports betting, iGaming, and leadership, the summit concludes on a high note, leaving attendees energized and empowered to chart the course for the future of gaming.
In summary, the SBC Summit North America emerges as a transformative event, offering a platform for dialogue, innovation, and progress in the gaming industry. With stages brimming with thought-provoking sessions and speakers at the forefront of their fields, the summit sets the stage for a future defined by compliance, responsibility, and sustainable growth.
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Augustine Casino Ups Their Game with QCI Slots: A New Era of Data-Driven Gaming Innovation Begins
Augustine Casino, a prominent name in the Coachella Valley gaming scene, is taking its commitment to guest satisfaction to new heights with the adoption of QCI Slots, the latest innovation from Quick Custom Intelligence (QCI). Building on the success of its partnership with QCI Host, Augustine Casino is poised to revolutionize the gaming experience for its patrons.
Elizabeth Wilberts, Assistant General Manager of Augustine Casino, said: “We are thrilled to expand our collaboration with QCI by incorporating their cutting-edge Slots solution. The reporting functionality, recommendation engine, Artificial Intelligence, and advanced heat mapping capabilities of QCI Slots will empower us to deliver unparalleled personalized experiences to our guests.”
This strategic move follows Augustine Casino’s successful implementation of the QCI Platform, including the QCI Host solution, which has already enhanced the casino’s ability to connect with its clientele on a deeper level. Now, with the addition of QCI Slots, Augustine Casino is poised to set new standards for excellence in the industry.
“We are proud to deepen our partnership with Augustine Casino and support their mission to provide exceptional service and value to their guests. The decision to integrate QCI Slots underscores Augustine Casino’s commitment to leveraging innovative technology to elevate the gaming experience,” Andrew Cardno, Chief Technology Officer of QCI, said.
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