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Gaming

AS STATES ACROSS NORTH AMERICA INSIST ON MULTI-FACTOR AUTHENTICATION, WHAT DOES THIS MEAN FOR GAMING PROVIDERS?

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On April 4th, 2022, Ontario became the first province in Canada to regulate online gaming. It also became the first North-American gaming regulator to insist on the use of Multi-Factor Authentication (MFA) for all logins, with the understanding this would significantly enhance security for both gaming operators and users

 

A few months later, New Jersey introduced new legislation mandating all of its operators also switch to MFA for player logins. As one of the oldest regulated online gaming markets, this change had a significant impact on established operators within the region. .

 

Traditional multi-step multi-factor authentication, such as the use of SMS and authenticator apps will stop 10% or more of your players logging in, multiply your support costs and reduce player conversion….a triple hit against revenues and profit, not to mention a significant impact on the user experience.

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Now the Pennsylvania Gaming Control Board is the latest to follow suit, with new legislation to come into effect on New Years Eve. One thing is certain, multi-factor authentication will continue to be legislated across the gaming world. In order to avoid disruption to sales and the user experience, operators must analyse the impact their choice of MFA  will have on their business. If necessary, early action needs to be taken to ensure the best possible outcome.

 

MIRACL, is the fastest, single-step, passwordless multi-factor authentication (MFA) on the market – avoiding all of the pitfalls of alternative solutions, making them a strong contender and a game-changer in this vital space.

 

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Unlike other multi-factor authenticators it only requires one step for the user to authenticate, thus play is seamless and chance of loss of revenue due to login is reduced. It is therefore no surprise that MIRACL is already in talks with major gaming operators for immediate integration and roll out within the sector. MIRACL has the necessary authorisiation to provide its MFA service, MIRACL Trust ID, in both New Jersey and Ontario.

 

Rob Griffin, CEO at MIRACL comments. “Legislation for multi-factor authentication is cascading fast in gaming, and it is critical businesses seek out the best solution for them to optimise user experience, whilst meeting the new legislative needs. By using MIRACL as the MFA of choice, players will benefit enormously from the reassurance that MFA is protecting their gaming accounts, while enjoying a super-simple login experience that doesn’t get in the way of their entertainment, or bets. Most gaming companies defaulted to SMS usage when the requirements were first announced in New Jersey, but that has catastrophically resulted in loss of revenues, added friction and customer frustration. MIRACL puts an instant stop to all this aggravation and we look forward to serving the operators and players to meet requirements in relevant states whilst providing the easiest MFA available.”

 

MIRACL is a single-step MFA which, with its passwordless verification, allows online customers an ultra smooth login process. No magic links or a second device is required to authenticate. Its unique technology enables authentication by pairing the users’ device with their chosen PIN.  For further information visit www.miracl.com

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Gaming

SCCG Management Partners with AmplePool

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SCCG Management, the leading global advisory firm in the gambling industry, announced a groundbreaking partnership with AmplePool, a leading B2B online white-label universal loyalty rewards platform. This collaboration aims to transform loyalty rewards for gaming operators and online betting partners, combining the innovative rewards platform of AmplePool with the extensive industry expertise of SCCG Management to deliver unparalleled benefits to gaming operators worldwide.

Stephen Crystal, Founder and CEO of SCCG Management, said: “We are thrilled to partner with AmplePool to transform loyalty rewards in the gaming and betting industry. Their innovative platform integrates seamlessly with existing systems, boosting user engagement and driving revenue growth.”

AmplePool’s innovative loyalty rewards platform seamlessly integrates into existing apps and websites through easy-to-use APIs, ensuring a quick and hassle-free implementation process with full customization and ongoing support from the AmplePool tech team. By encouraging user actions such as betting, referring friends, watching ads, sharing on social media, and shopping, AmplePool boosts user engagement and fosters customer loyalty. Users get instant rewards that can be spent instantly. Modeled after the success of travel miles and credit card points, AmplePool’s rewards program not only enhances customer loyalty but also significantly increases revenue for its partners.

Users can redeem their accumulated rewards for free shopping and choose from thousands of products, brands, and services within the AmplePoints online marketplace.

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This collaboration is set to provide gaming operators with a powerful tool to maximize their revenue streams and enhance user engagement. Gaming partners that integrate AmplePool’s platform will benefit from an increased revenue stream, more user engagement, transparency, a larger customer base, and be part of a broader marketplace.

Tony Singh, CEO of AmplePool, said: “Partnering with SCCG Management is a significant milestone for AmplePool. Their industry expertise perfectly complements our innovative approach to loyalty rewards. Together, we are excited to revolutionize how gaming operators approach customer engagement and revenue growth.”

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Blockchain

Traderland.io Launches a Fusion of Gaming and Investment Training

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Traderland.io, an innovative interactive trading simulator gaming universe, has officially launched. The dynamic trading platform offers users the chance to immerse themselves in a socially-driven game landscape while honing their investment and asset-trading skills. Since its initial release, Traderland.io has rapidly gained popularity, attracting over 15,000 users.

Traderland.io stands out by utilizing real-time market data, allowing users to experience an immersive and realistic trading environment. Players can engage in trading activities that reflect live market conditions, providing a true-to-life simulation that enhances their learning experience.

In the Traderland.io universe, players are represented by customizable animated avatars. These avatars enable users to explore various cities within the platform, each offering unique challenges and opportunities. A significant feature is the ability to invest in virtual real estate across eight distinct regions, each with varying price points.

A core element of the Traderland.io experience is its tutorials, which are grounded in real-life trading scenarios. Users can choose to navigate these lessons with the guidance of a coach who is available to answer questions and provide step-by-step assistance.

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Traderland.io offers a broad selection of virtual assets for users to trade, including forex, stocks, cryptocurrencies, and futures. By trading these assets, players can gain practical experience and understand the intricacies of different investment vehicles.

The asset prices within the platform mirror actual market fluctuations, allowing traders to observe the impact of their decisions and adapt their strategies accordingly. Players can monitor their gains and losses through a comprehensive dashboard, providing a snapshot of their portfolio’s performance.

One of the platform’s most exciting features is the opportunity for players to engage in trading battles and tournaments against traders from around the world. These competitions not only elevate the excitement but also offer the chance to win real money, adding a tangible reward to the virtual trading experience.

The investment landscape is expanding rapidly, with the cryptocurrency market alone projected to grow to $13.18 billion by 2031. As more investors enter the market, Traderland.io aims to bridge the knowledge gap by educating users about various assets through an engaging, gamified approach. By participating in real-time trading and completing the tutorials, players can enter the investment space with confidence and competence.

Traderland.io is available exclusively through its website, offering a unique and comprehensive trading simulator that combines education, competition, and community engagement.

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eSports

Midnight Gaming Corporation Enters into Venue Event Booking Services Agreement with Compass Arena

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Midnight Gaming Corporation announced that it has entered into a Venue Event Booking Services Agreement dated May 31st, 2024 with Compass Arena LLC (Compass). The agreement gives Midnight a five year exclusive service period to provide esports and gaming events, conventions, and tournaments to Compass.

Compass is a state of the art multi-purpose venue located just outside of Chicago in the city of Willowbrook, Illinois. The venue contains two full size indoor soccer fields, the Compass Café, Fair Play Sports Bar, The Whiskey Bar and a Premiere Lounge. Compass has held major marquee events including Thunder from Down Under and will be hosting both Jump Van Halen Tribute and Queen Nation concerts in the coming weeks. The venue has a capacity of over 3000 and, with internal Audio Visual, Staging, Lighting and Seating, is truly an optimal venue for esports and gaming events.

“This agreement really allows Midnight to bring our network of gaming communities to Compass. Compass truly is a World class venue and with everything included it truly is a paradise for any gaming, concert, or convention event. Not only are the venue and assets top of the line but with multiple food and beverage options we have a truly unique offering for anyone looking to host events in the Chicago area,” Ken McGraw, CEO of Midnight Gaming, said.

As part of the Agreement, Midnight is able to offer use of the venue at rates never before seen in the esports and gaming industry. This includes a no money up front agreement with a focus on revenue sharing to ensure a win for all involved.

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Ken added: “We know how hard it is for event operators to make money with the large up front costs associated with events. By removing this hurdle and risk we not only make Compass more enticing for potential partners but we share in the events success financially giving us more incentive to ensure everything is perfect.”

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GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

Disclaimer: All the information provided is for educational and entertainment purposes only. Always check your local laws before participating in any gaming activities.

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