Gaming

FinTech Trends in the Online iGaming Industry – Bet B2B

Published

1 year ago

August 23, 2023

In the world of gambling and betting, financial technology is one of the main driving forces that determine the future of the industry. With the constant development of technology and changing user preferences, igaming platforms are striving to offer new and unique features that improve the iGaming experience and ensure the security of transactions.

“Cryptocurrencies have become a virtual currency used within the gambling world”, says an expert of the BetB2B iGaming platform. “Blockchain technology ensures transparency and security of transactions, as well as prevents fraud and falsification. Players can use digital wallets, payment systems and cryptocurrencies to conveniently conduct transactions and purchase in-game items.”

Blockchain technologies in gambling – BetB2B iGaming platform

First of all, blockchain provides transparency in iGaming. The technology allows you to create a chain of blocks, each of which contains information about transactions. These blocks are interconnected using cryptographic methods, which makes it almost impossible to change or falsify data.

According to the BetB2B expert, the blockchain provides transaction security, which is critical in iGaming: “Blockchain uses cryptographic methods to ensure the security of transactions and protect the personal data of players. Transactions carried out using the blockchain are immutable and non-reproducible, which reduces the risk of fraud and improves data protection.”

BetB2B casino platform: security, anonymity and other advantages of using cryptocurrency

The use of cryptocurrency in iGaming has a number of advantages that affect the security, anonymity and efficiency of financial transactions:

Cryptocurrency transactions are based on cryptography and use distributed systems such as blockchain for security. All cryptocurrency transactions are registered and it is impossible to change them. This reduces the risk of fraud, transaction forgery or unauthorized access to player funds.
Cryptocurrency transactions are carried out almost instantly, without the need to involve intermediaries or banking institutions. This significantly reduces the time required for financial transactions on iGaming websites. In addition, the fees for conducting cryptocurrency transactions are usually much lower than with traditional financial methods.
Cryptocurrencies provide global accessibility. Players can participate in gambling and betting from anywhere in the world where there is an Internet connection. There are no restrictions related to currency conversions or banking restrictions, which makes cryptocurrencies especially convenient for players from all over the world.
Technologies related to blockchain and cryptocurrencies make it possible to create new game formats, integrate smart contracts and develop decentralized platforms. This results in more interesting and innovative iGaming experiences for players.

“Many iGaming websites offer deposit and withdrawal options using cryptocurrencies such as Bitcoin, Ethereum and others. This provides players with the ability to quickly and conveniently manage their finances without having to provide personal information,” commented BetB2B.

Some more innovations in gambling and betting – BetB2B

FinTech trends in the iGaming industry open up new opportunities for players and developers. They contribute to the creation of more exciting and innovative iGaming solutions, as well as the development of the economic system within the games.

The new level of development of the industry has been the use of artificial intelligence (AI) and machine learning (ML) to increase personalization.

Another development vector is the use of virtual and augmented reality (VR and AR). iGaming websites are actively exploring the possibilities of creating an exciting iGaming experience using VR and AR technologies. For example, some betting websites are already using these technologies to allow players to compete in poker in a virtual environment, interacting with other players from around the world. This creates the atmosphere of a real casino.

BetB2B Reviews: development of the iGaming industry based on innovative solutions

BetB2B, a leader in the creation of iGaming platforms, offers a wide range of services for clients, helping them to take a leading position in the market.

Stake - Best Online Casino & Sports Betting Platform

Leading betting companies and online casinos need simple and functional platforms with an intuitive interface. BetB2B specializes in providing such services.

BetB2B offers a ready-made platform for betting companies and casinos. Cooperation can take three forms: Sportsbook API, Retail Solution, ready-made platform – turnkey solution.

“Offering our turnkey solutions, we are ready to guarantee the client ease of launch and support at all stages of work, ” notes a company representative, “We follow all modern trends and minimize technical risks by developing the necessary software for automating processes in accordance with the law.”

Turnkey solution contains additional modern tools, such as Back-office for monitoring financial flows and creating profiles, agent scheme software enables to create a transparent scheme of agents with a flexible commission system, multilingual support, BetB2B CMS for setting up the platform and creating advertising pages, as well as BetB2B CRM for analyzing user activity, setting up bonuses and reporting.

BetB2B are IT solutions for the iGaming industry that ensure the development and success of your business.

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10-15% Of Gamers In Florida Show Signs Of Gaming Addiction: Here Are 10 Signs Your Kid Is Suffering From It (And How You Can Help)

Published

5 days ago

December 20, 2024

Adrienn Sarkany

Recent studies indicate that 10-15% of young gamers in Florida exhibit signs of gaming addiction. These findings underscore the need for early identification of symptoms to prevent negative impacts on children’s mental and physical health. Gaming addiction, if not dealt with, can lead to poor academic performance, social withdrawal, and even health problems.

Marin Cristian-Ovidiu, CEO of FreezeNova, discusses key indicators of gaming addiction and offers practical advice for parents.

Recognizing Early Signs

“Early recognition of gaming addiction is crucial in preventing long-term negative outcomes,” Marin explains. The following signs can help parents identify if their child might be developing an addiction:

Exhaustion and Irritability

Constant tiredness and grumpiness during the day could indicate late-night gaming sessions interfering with sleep.

Gaming Obsession

If gaming dominates your child’s thoughts and conversations, and they plan their day around it while neglecting other responsibilities, it could be a sign of addiction.

Decline in Academic Performance and Lost Interests

A noticeable decline in academic performance or loss of interest in previously enjoyed activities may suggest your child is prioritizing gaming over more important tasks.

Emotional Volatility

Extreme emotional reactions to in-game outcomes, such as uncontrolled anger, known as ‘Gamer Rage’, or intense celebrations, could indicate an unhealthy attachment to gaming.

Physical Strain

Signs of repetitive strain injuries like ‘Gamer’s Thumb’ or ‘Nintendo Neck’ from prolonged screen time are warning signals.

Neglecting Basic Needs

If your child is neglecting basic needs like eating, sleeping, or hygiene to keep playing, gaming has likely taken an unhealthy control over their life.

Creating a Supportive Environment

While video games can be a great source of entertainment and connection, around 70% of people with signs of gaming addiction also experience social disorders. Marin recommends a few tips for building a supportive and open environment for your child.

Teamwork and Setting Boundaries

“Parents and children should work together to create a healthy gaming environment. Gaming addiction requires a holistic approach,” Marin advises. Start by setting clear boundaries on gaming time to ensure there’s room for schoolwork, chores, and quality family time.

Revisit activities your child once loved, like football practice or exploring new hobbies together. It’s vital for your child to take breaks from screens, so create a balanced daily routine that includes homework, chores, exercise and just some gaming time. This allows your child to enjoy their games without neglecting other aspects of their life.

Open Communication

Maintain open communication. Discuss the games your child enjoys and any concerns you might have. By understanding their world, you can work together to find solutions.

Remember, you’re not alone. If you feel overwhelmed, seek professional help from specialists in gaming addiction. Marin concludes, “By working as a team, setting clear boundaries, and fostering open communication, we can help your child develop a healthy relationship with gaming and thrive in all areas of life.”

Gaming

SPGA Announces Social Sweeps Game Sector Video Briefing

Published

3 months ago

October 9, 2024

Adrienn Sarkany

The Social and Promotional Gaming Association (SPGA) has released a video briefing designed to provide insight and information on the social sweeps gaming model. This briefing is designed to address the growing attention and interest in how the social casino with sweepstakes prizing functions and why millions of players across America enjoy this safe and legal form of entertainment.

This inaugural SPGA briefing features insights from Matt Kaufman, Managing Director, Digital & Interactive Gaming at Eilers & Krejcik Gaming, and Jon Kaplowitz, CEO and Co-Founder of Clubs Poker. The discussion is moderated by prominent sports betting industry founder and investor Chris Grove.

eSports

CS2 Intel Extreme Masters Rio 2024 SuperComputer: NaVi to bounce back after Blast Fall Final loss

Published

3 months ago

October 7, 2024

Adrienn Sarkany

Final: Natus Vincere (36.5%) to beat Team Vitality (28.1%)

Semifinal 1: Natus Vincere (52.6%) to beat MOUZ (16.3%)

Semifinal 2: Team Vitality (47.7%) to beat G2 Esports (18.7%)

Quarterfinal 1: G2 Esports (39.8%) to beat FaZe Clan (32.8%)

Quarterfinal 2: MOUZ (35.9%) to beat Eternal Fire (24.7%)

Group stage:

Natus Vincere – 48.7% to finish 1st; 17.0% to finish 2nd; 84.1% to make playoffs
Team Vitality – 40.8% to finish 1st; 17.4% to finish 2nd; 77.7% to make playoffs
G2 Esports – 19.3% to finish 1st; 20.4% to finish 2nd; 56.7% to make playoffs
MOUZ – 14.5% to finish 1st; 21.8% to finish 2nd; 53.0% to make playoffs
FaZe Clan – 13.9% to finish 1st; 21.0% to finish 2nd; 50.2% to make playoffs
Eternal Flame – 40.7% to finish 1st; 16.2% to finish 2nd; 40.7% to make playoffs
Liquid – 16.3% to finish 7-8th; 35.7% to make playoffs
Virtus.pro – 15.4% to finish 7-8th; 29.9% to make playoffs
Astralis – 28.9% to finish 9-12th; 31.5% to make playoffs
The MongolZ – 32.7% to finish 9-12th; 25.4% to make playoffs
Complexity – 34.3% to finish 9-12th; 21.2% to make playoffs
Heroic – 26.8% to finish 9-12th; 23.5% to make playoffs
paiN – 36.5% to finish 13-16th; 21.0% to make playoffs
FURIA – 36.4% to finish 13-16th; 20.9% to make playoffs
9z – 44.7% to finish 13-16th; 14.6% to make playoffs
Imperial – 49.1% to finish 13-16th; 13.9% to make playoffs

It has been quite the run for NaVi despite their loss with back to back grand finals in recent weeks but CSDB.gg’s predictive model suggests there will be no let up for the Ukrainian esports organisation.

G2 will also be looking to build more momentum in preparation for Majors season with NiKo on a quest to finally get over the line this year to win his first major title. Hopefully Rio won’t have to see a repeat of his reaction in the semifinals at BLAST Premier Fall Final 2024 where he punched a hole in a table after losing out to Team Vitality in a key moment.

However, the hosts of Intel Extreme Masters Rio 2024 may want to lockdown any nearby furniture and reinforce their desks if G2 are set for disappointment at the semifinals stage as predicted by the CSDB.gg SuperComputer.

A victory in Rio could be even more consequential for how the end of the year shapes up for the leading teams on the circuit. The Valve Global rankings have both teams close at the very top (NaVi at 1988 and G2 at 1953) meaning a win for either team could hand them a key advantage when it comes to who enters the Majors as top seed.

Back-to-back wins in T1 events for G2, should they prosper in Rio, would set the Berlin-based team on an incredible trajectory going into the winter months.

Meanwhile, Brazilian hopes for glory look slight according to the CSDB.gg SuperComputer with FURIA, the team co-owned by Neymar, having only been given a 20.9% chance of even making the playoffs.

They are the leading contenders to make an impact for the home crowd but there are other teams flying the flag for Brazil with paiN and Imperial also set to give it their best to give local fans something to cheer on.

In terms of forecasted matchups of note, G2 and FaZe Clan could offer up a fascinating encounter in the quarterfinals should both teams qualify, with each organisation rated as having a strong chance of making the semis with little to separate them should they meet.

How was the CSDB.gg CS2 Tournament SuperComputer created?

The CSDB.gg CS2 Tournament SuperComputer is a predictive model created using world ranking points, team quality ratings and performance trends. An element of randomness is also included in the model to avoid the best teams and players always winning, to reflect the fact that upsets can happen.

Every tournament is simulated 1,000 times with the results aggregated into a percentage rating of the chances teams or players have to achieve the predicted result.