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Rivalry Lists Shares on Frankfurt Stock Exchange

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TORONTO, Oct. 18, 2021 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally-regulated sports betting and media company, today announced that its subordinate voting shares (the “Shares”) have been accepted for listing on the Frankfurt Stock Exchange (“FSE”). The Shares began trading today under the symbol 9VK.

“We are pleased to be able to offer an additional platform to global investors to trade our shares,” said Steven Salz, Co-Founder and CEO of Rivalry. “We believe a meaningful overlap exists between our customers and our shareholders as excitement about our long-term potential grows among our user base. Our objective is to enable people to trade our stock wherever they use Rivalry.”

The Frankfurt Stock Exchange, operated by Deutsche Börse AG, is one of the world’s largest trading centres for securities and the largest of the seven stock exchanges in Germany. Rivalry’s FSE listing is expected to facilitate the process of trading in its Shares by investors in Europe and internationally. The Shares continue to be listed on the TSX Venture Exchange under the symbol RVLY.

The Company has been assigned a German Securities Identification Number (WKN: A3C4Y2).

About Rivalry
Rivalry Corp. wholly owns and operates Rivalry Limited, a leading sport betting and media property offering fully regulated online wagering on esports, traditional sports, and casino for the next generation of bettors. Rivalry Limited currently holds an Isle of Man license, considered one of the premier online gambling jurisdictions. Based in Toronto, Rivalry operates a global team in more than 18 countries and growing. Rivalry Limited was granted its Isle of Man license in early 2018, officially launching in August of that year, and the Company is currently in the process of obtaining additional country licenses. The Company also has a variety of originally developed products, including Quest, a gamified on-site betting experience, and an original casino game called Rushlane that offers both B2C and B2B opportunities.

Company Contact:
Steven Salz, Co-Founder & CEO
ss@pmmlcorp.com

Media Contact:
BRANDSTYLE COMMUNICATIONS
Kell Cholko | kell@brandstyle.com

Investor Contact:
Vincic Advisors
Jeff Codispodi | investors@rivalry.com  

Cautionary Note Regarding Forward-Looking Information and Statements

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions.

Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the e-sports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of e-sports and other betting products are not guaranteed; changes in public perception of the e-sports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations; operational risks; cybersecurity risks; the impact of the COVID-19 pandemic; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s prospectus dated September 17, 2021 available on the Company’s SEDAR profile at www.sedar.com.

No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Semper Fortis Esports enters Axie Infinity and Hearthstone with Dual Capacity Player

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Reading Time: 4 minutes

 

Semper Fortis will become one of the first professional esports companies to enter the play-to-earn market via its very own division of the SMPR team                                                                              

Semper Fortis Esports PLC, the esports company focused on establishing esports teams, forming brand and technology partnerships, and providing business to business advisory services, is pleased to announce its entry into the blockchain based, Non-fungible Token (NFT) video game, Axie Infinity and collectible card game, Hearthstone.                                                                             

The company’s esports team, SMPR has made an official signing of Aleksei Bakumenko (‘Iner’) to compete in both Axie Infinity and Hearthstone for the upcoming season. The player has signed a three-month contract with an option to renew for an additional six months thereafter. They will receive an annual salary and performance-based incentives.                                                                           

The new hire is the first competitive esports players competing in the play-to-earn division of Semper Fortis Esports, where players will be incentivised to compete on behalf of the company for cryptocurrency-based returns in the form of NFTs.                                                                           

Axie Infinity is a trading and battling game that allows players to collect, breed, raise, battle and trade creatures known as “axies” (characters based on axolotl), which are digitized as NFTs. The game uses a “play-to-earn” model (also called “pay-to-play-to-earn” model) where participants can earn a token which is traded on Binance as an Ethereum-based cryptocurrency. Players can also exchange in-game assets as NFTs. Axie Infinity allows users to cash-out these tokens for monetary gains every 14 days.                                                                              

In October 2021, Vietnamese studio Sky Mavis the developer of Axie infinity raised $150 million Series B at a $3 billion Valuation with highly renowned investors involved including Andreessen Horowitz and Mark Cuban. As of October 2021, the game nears 2 million Daily Active Users and has generated close to $2.3 billion in total sales volume since it was launched in 2018.                                                                              

With this appointment, the company will be one of the first professional esports companies to enter the play-to-earn market via its very own division of the SMPR team. The company will look to expand on this division through development and recruitment to earn NFT based rewards through games as a revenue model going forward. Axie tokens are currently trading at circa $120, a staggering 1,200x their initial offer price from 2020.                                     

In addition to Axie Infinity, the newly recruited Aleksei Bakumenko (‘Iner’) is a current ranked Hearthstone player and will also look to compete in the popular free-to-play online digital collectible card game developed and published by Blizzard Entertainment. The game is played as an esport, with high-level tournaments such as Blizzard’s official World Championship featuring a prize pool of up to $1 million.                                                                           

Iner’ is currently ranked in ninth place in the Hearthstone EMEA and comes with a digital footprint of almost 75,000 followers across social media channels comprising of 1,475 followers on Twitter, 68,200 followers on Twitch and 4,770 subscribers on YouTube.                                                                            

Iner’s addition takes the total number of active players on the SMPR roster across to nine and opens the brand up to two new competitive esports and audience types across a digital presence. The player comes with a distinguished digital footprint and a significant following from his competitive region of Russia, a market which the Company sees as a large opportunity to capture in the esports space.                                                                                                   

Kevin Soltani, CEO of Semper Fortis Esports, commented: “Our team is extremely proud to share the additions of Axie Infinity and Hearthstone to our esports games participation and to further strengthen our player roster. Semper Fortis is determined to revolutionise the play to earn space, in merging it with competitive esports play. Our latest signing will pioneer our strategy to build out the SMPR play-to-earn division, opening doors for a new pool of players entering the esports space and diversifying the company’s revenue model. Gaming and blockchain are two of the fastest growing industries and with our team being highly experienced in both, we are geared for an exciting season ahead.”                                                                        

Nolan Bushnell, a Non-Executive Director of Semper Fortis Esports, commented: “The play-to- earn movement is currently in rapid growth and we are very excited to see its evolving nature in the world of competitive esports.”

                                                                               

 

The Chess Super League organized by NODWIN Gaming, ChessBase India and Samay Raina concludes with a bang

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Reading Time: 3 minutes

 

Zakir Khan’s Pivotal Pawns bags a lion’s share of INR 40 lakh prize pool

NODWIN Gaming, South Asia’s leading esports company, in partnership with title sponsor CoinDCX. The week-long online league saw participation from elite men and women grandmasters, international masters and top junior boys and girls, from India and across the world. The league concluded on October 17, 2021 by awarding its top teams a whopping prize pool of INR 40 lacs and garnered a viewership of 10 Million.

In the 30+ hour long league, a total of 120+ rounds of chess were played. Each team was spearheaded by their owners – top professionals in their respective fields – including Tanmay Bhat (The Kingslayers), Biswa Kalyan Rath and Shreyas Shrinivasan (Krazy Knights), S8UL (Ruthless Rooks), Raftaar – Kalaamkaa (Brutal Bishops), Zakir Khan from Pivotal Pawns and Suhani Shah with Saina Nehwal from Quintessential Queens. The Pivotal Pawns (Abhijeet Gupta, Arjun Kalyan, Bhakti Kulkarni, Ding Liren, Savitha Shri, Zhansaya Abdumalik) and The Kingslayers (Anish Giri, Arpita Mukherjee, D Gukesh, Nana Dzagnidze, Soumya Swaminathan, S. P. Sethuraman) engaged viewers in an edge-of-the-seat finale that had the audience on tenterhooks before the Pivotal Pawns emerged winners after a tie-breaking armageddon game.

“The success of the Chess Super League (CSL) — our foray into the world of online chess, has reiterated our belief that various forms of gaming can come under the umbrella of gaming and esports entertainment. Chess is a fantastic game that teaches you strategy, deep thinking, patience and in the CSL format teamwork. It will do our country good if through tournaments like the Chess Super League, we can get more of India’s youth interested in this phenomenal game. Apart from the players themselves, the team owners along with the storytellers and Samay and Sagar did a splendid job in keeping up the fun and the serious element of the league in a great balance. We look forward to season 2 of CSL very soon!” said Akshat Rathee, Managing Director, NODWIN Gaming.

Sagar Shah, CEO and Co-founder ChessBase India added “Powering Chess in India is the vision of ChessBase India. I am glad that with the Chess Super League we were able to do just that. Immense benefit was received to Indian chess players as they got to compete with world class players. The juniors got a chance to interact with top players of the world which gives them new insights into the game. I am overwhelmed with the love and support for the league from all the players, community and audience members. It’s been wonderful working with Samay Raina and NODWIN Gaming and we hope to make this league bigger and better in the years to come.”

Samay Raina added “It’s difficult to believe that after only 18 months of starting to stream chess, I have been able to be a part of something this huge and exciting – with top players playing in our league. The whole league has been an emotional roller-coaster and we can’t wait to be back with the next edition. I want to specially thank the fans who have been incredibly supportive throughout this journey.”

The Chess Super League streamed live on Samay’s Youtube channel with lots of surround content including team anthems, highlights and analysis hosted on the ChessBase India channel and channels of the team owners. Overall, content from the Chess Super League has been watched over 10 million times in just a week.

The League was sponsored by CoinDCX (India’s safest crypto exchange) and supported by Red Bull, Mama Earth, Rage Fan NFT and Exploring Infinities founded by the man who holds the title for being ‘The Fastest Human Calculator’ — Neelakantha Bhanu.

“We are very excited to enter into the world of gaming and esports through our association with NODWIN Gaming. We are seeing increasing associations across the globe in the emerging and exciting areas of cryptocurrency and esports and look forward to several more collaborations where we get to associate ourselves with new experiential games and trends,” said Ramalingam Subramanian, Head of Brand, Marketing and Communications, CoinDCX.

Lottery.com Announces Effectiveness of S-4 Registration Statement

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Special Meeting of Trident Acquisitions Corp. Shareholders to Approve Business Combination Scheduled for October 28, 2021

Upon Closing, the Combined Company is Expected to Trade on Nasdaq Under the Ticker “LTRY”

AUSTIN, Texas, Oct. 18, 2021 (GLOBE NEWSWIRE) — AutoLotto, Inc., doing business as Lottery.com (“Lottery.com” or the “Company”), a leading technology company that is transforming how, where and when lottery is played, today announced that the Securities and Exchange Commission (“SEC”) declared effective the Registration Statement on Form S-4 (“Registration Statement”) in connection with its proposed business combination with Trident Acquisitions Corp. (“Trident”) (Nasdaq: TDAC, TDACW, TDACU), a publicly-traded special purpose acquisition company.

Trident will hold a special meeting of its stockholders via a live webcast at https://www.cstproxy.com/tridentacquisitions/2021 on October 28, 2021 at 10:00 a.m., Eastern standard time (“Special Meeting”) for its stockholders of record as the close of business on October 13, 2021 to vote on the proposed business combination, as well as other proposals. Trident has also filed with the SEC a definitive proxy statement/prospectus relating to the proposed business combination and has commenced mailing the definitive proxy statement/prospectus to its stockholders as of the record date. The business combination is expected to close shortly after the Special Meeting, subject to stockholder approvals and satisfaction of other customary closing conditions.

“We are extremely pleased to have reached another critical milestone and make additional progress toward becoming a public company,” said Tony DiMatteo, Chief Executive Officer of Lottery.com. “Through our strong brand and easy to use online gaming platform, we have been able to achieve excellent growth, and we believe the completion of our business combination will allow us to accelerate the execution of our growth strategy.”

Vadim Komissarov, Chief Executive Officer of Trident added, “Lottery.com has demonstrated its ability to capitalize on the transition to online gaming and we believe it has tremendous growth potential as this trend continues. We encourage our fellow Trident shareholders to support this business combination that is expected to help Lottery.com realize this potential.”

Following the closing of the business combination, the combined company’s shares of common stock and public warrants are expected to trade on The Nasdaq Global Market under the symbols “LTRY” and “LTRYW”, respectively.

About Lottery.com

Lottery.com is a leading technology company that is transforming how, where and when lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the United States and internationally to remotely purchase legally sanctioned lottery games. Fans and subscribers look to Lottery.com for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, Lottery.com is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving. In all that it does, Lottery.com’s mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives. For more information, visit http://www.lottery.com.

About Trident Acquisitions Corp.

Trident is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Trident’s securities are quoted on the Nasdaq Stock Exchange under the ticker symbols TDACU, TDAC and TDACW. For more information, visit www.tridentacquisitions.com/home.

Important Notice Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of present or historical fact included in this press release, regarding the proposed business combination, Trident and Lottery.com’s ability to consummate the proposed business combination, including the holding of the Special Meeting, the election of the director nominees to the combined company’s board of directors and the ability of the Company to attract and retain directors of its choosing in the future, the benefits of the proposed business combination and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Trident and Lottery.com disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Trident and Lottery.com caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either Trident or Lottery.com. In addition, Trident cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the business combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against Trident or Lottery.com following announcement of the business combination; (iii) the inability to complete the business combination due to the failure to obtain approval of the shareholders of Trident, or other conditions to closing in the merger agreement; (iv) the risk that the proposed business combination disrupts Lottery.com’s current plans and operations; (v) Lottery.com’s ability to realize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of Lottery.com to grow and manage growth profitably following the business combination; (vi) costs related to the business combination; (vii) risks related to the rollout of Lottery.com’s business and the timing of expected business milestones; (viii) Lottery.com’s dependence on obtaining and maintaining lottery retail licenses or consummating partnership agreements in various markets; (ix) Lottery.com’s ability to maintain effective internal controls over financial reporting, including the remediation of identified material weaknesses in internal control over financial reporting relating to segregation of duties with respect to, and access controls to, its financial record keeping system, and Lottery.com’s accounting staffing levels; (x) the effects of competition on Lottery.com’s future business; (xi) risks related to Lottery.com’s dependence on its intellectual property and the risk that Lottery.com’s technology could have undetected defects or errors; (xii) changes in applicable laws or regulations; (xiii) risks related to the COVID-19 pandemic and its effect directly on Lottery.com and the economy generally; (xiv) risks related to disruption of management time from ongoing business operations due to the proposed business combination; (xv) risks relating to privacy and data protection laws, privacy or data breaches, or the loss of data; (xvi) the possibility that Lottery.com may be adversely affected by other economic, business, and/or competitive factors; (xvii) the ability to have the director nominees elected to the combined company’s board of directors and to attract and retain directors of its choosing in the future, and (xviii) those factors discussed in the Registration Statement under the heading “Risk Factors,” and the other documents filed, or to be filed, by Trident with the SEC. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that Trident has filed and will file from time to time with the SEC, including its Registration Statement relating to the business combination. Trident’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

Important Information and Where to Find it

The proposed business combination will be submitted to shareholders of Trident for their consideration. Trident has filed a Registration Statement with the SEC which includes a definitive proxy statement to be distributed to Trident’s stockholders in connection with Trident’s solicitation for proxies for the vote by Trident’s stockholders in connection with the proposed business combination and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Lottery.com’s shareholders in connection with the completion of the proposed business combination. The Registration Statement was declared effective by the SEC on October 15, 2021 and Trident will mail the definitive proxy statement/prospectus and any other relevant documents to its shareholders as of the record date established for voting on the proposed business combination. Trident’s shareholders and other interested persons are advised to read the definitive proxy statement/prospectus, in connection with Trident’s solicitation of proxies for the Special Meeting to be held to approve, among other things, the proposed business combination, because these documents contain important information about Trident, Lottery.com and the proposed business combination. Stockholders may also obtain a copy of the definitive proxy statement/prospectus, as well as other documents filed with the SEC regarding the proposed business combination and other documents filed with the SEC by Trident, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Cody Slach, (949) 574-3860, TDAC@gatewayir.com. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Trident and its directors and officers may be deemed participants in the solicitation of proxies of Trident’s stockholders in connection with the proposed business combination. Lottery.com and its officers and directors may also be deemed participants in such solicitation. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Trident’s executive officers and directors in the solicitation by reading Trident’s Annual Report on Form 10-K/A for the fiscal year ended December 31, 2020, the Registration Statement (including the definitive proxy statement/prospectus) and other relevant materials filed with the SEC in connection with the business combination when they become available. Information concerning the interests of Trident’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, are set forth in the definitive proxy statement/prospectus relating to the business combination when it becomes available.

No Offer or Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

Lottery.com Contact:

Matthew Schlarb
VP, Investor Relations
(512) 585-7789
ir@lottery.com

Trident Contact:
Vadim Komissarov
CEO
(646) 229-7549
vkomissarov@tridentacquisitions.com

Exclusive Q&A with Kevin Gosschalk, CEO of Arkose Labs

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Reading Time: 6 minutes

 

Arkose Labs has carved a niche for itself in the online fraud-fighting front by launching something that nobody has done before: by offering financial guarantee against credential stuffing attacks for the users of its security system.

Kevin Gosschalk, CEO of Arkose Labs, talks here about this confident initiative. He says this move stems from his belief that “security vendors should stand behind their products and services in a real, tangible way.”

He also offers his insights about the impact of credential stuffing in general and specifically in gambling and gaming industry.

Read on for his forthright and succinct views on fighting online frauds and a host of related topics.

Q. Let’s start with a quick introduction of yourself. Could you tell us about your education, career and interests?

A. I am a native of Brisbane, Australia — born and raised –and graduated from the Queensland University of Technology (QUT) with a degree in Interactive Entertainment. Prior to founding Arkose Labs, I worked in biomedical research where I used machine vision technology for the early detection of diabetes. I later developed technology that assisted adults with intellectual differences in social settings. I believe my unique background brings a bit of a unique mindset to fighting fraud.

Q. How do you look back to the days of founding Arkose Labs? What was the vision when founding Arkose Labs?

A. The original vision was an ambitious one, but one I believe we can achieve: to make the internet safe for all good users. Online fraud is the biggest issue facing businesses and consumers today. I didn’t have a background in the fraud industry prior to starting Arkose Labs, but experienced these issues as a user of the internet. We want to be aggressive in fighting fraud and eliminate it rather than mitigate it. In the 5 years since the company started, we have made great strides in achieving our goal. We grew from a two-person startup in Brisbane to a company that now employs hundreds with offices in multiple continents. We also just closed our biggest quarter ever. The company has been on a great growth trajectory.

Q. Do you think credential stuffing is going to become one of the biggest financial threats for online businesses? Do share the reasons if you think so?

A. We believe it already is one of the biggest threats to online businesses today. This is because they are simple attacks to carry out, but the potential financial motivation is very high. There is an organised, underground cybercrime ecosystem that provides cheap and easy access to freshly stolen data and the latest automated tools, allowing fraudsters to attack enterprises at scale.

The low barrier to entry means that only a small percentage of these attempts have to be successful to turn a profit. Once they have compromised an account, attackers have many different ways to monetize it. They can steal money directly from the account, resell accounts or personal information, use the account to launder money, and much more.

Q. Are gambling and gaming industry particularly vulnerable to credential stuffing? Our readers would be eager to hear your insights into this.

A. Yes, the gambling and online gaming industry is a high target for credential stuffing attacks. One reason for this is that they are usually linked with a bank account or payment mechanism, so fraudsters look to compromise these accounts to gain access to that information. A compromised account can also be used to launder stolen money. Unlike bank accounts, these accounts are generally less protected; users may not have two-factor authentication enabled as they would on a financial account, for example. Online gambling is becoming more popular by the day, which means there is an ever-increasing amount of accounts for fraudsters to target.

Q. Arkose Labs is the first and perhaps the only company that offers a financial guarantee against credential stuffing attacks? Could you tell us the thought process behind such an unprecedented offer?

A. We believe security vendors should stand behind their products and services in a real, tangible way. Companies count on us to protect their most valuable data and keep their platforms safe from account compromises. We launched this warranty to show we are a true partner with our clients and we are putting our money where our mouth is. We feel offering such a warranty gives clients peace of mind that 24/7, we are there to help them defend against evolving attacks. This warranty provides commercial assurance that Arkose Labs will deliver the most robust protection against credential stuffing attacks available on the market today. It includes up to $1 million recoverable for covered losses and a 48-hour remediation SLA (service level guarantee). We do this in a user-centric way, without impacting good consumers’ experience.

Q. From the outside, the credential stuffing guarantee appears an incredibly brave move. How confident are you in your technology and processes?

A. We are incredibly confident. We would not have launched this warranty if we did not believe we could back what we say. We have years of experience protecting some of the largest, global enterprises from credential stuffing attacks.

Q. Have the credential stuffing attacks intensified on your systems after the warranty? How was the response from the hackers and ransomware attackers towards the announcement?

A. We have not seen any noticeable increase in attack intensity due to the warranty announcement. There is always a constant stream of attacks that we protect clients from. We do see a seasonality increase in attack intensity during Q4 and we anticipate heightened attacks during the holiday season.

Q. What are the systems and technologies Arkose Labs has developed to prevent the credential stuffing attacks? Could you talk about the journey through the technology development?

A. The Arkose Labs platform performs sophisticated real-time analysis of traffic to look for even the most subtle indicators of fraud. However, this is done without collecting large sets of personal information, as they can cause a privacy and compliance headache. Instead, the platform focuses on behavior, device, and network characteristics and how they are connected

Arkose Labs classifies and segments traffic based on the risk profile. Triaging traffic, based on whether it is likely to be legitimate, a bot, or human fraudster, provides actionable intelligence that can inform the system of any secondary screening required.

So the platform combines risk assessments with challenges, by leveraging a continuous feedback loop to improve fraud detection rates, while decreasing challenge rates for good users. Embedded machine learning will provide advanced anomaly detection and evolving protection, taking the burden away from in-house teams.

Q. Let’s shift the focus to the effect of the pandemic, lockdown and work-from-home on ransomware and credential stuffing attacks? What were the trends of online frauds during the Covid-19 days?

A. Not surprisingly, online fraud spiked during the height of the pandemic and related lockdowns.  Since so many more people were online, to buy everything from toilet paper to cars and everything in between, there were many more targets for fraudsters to take advantage of. Furthermore, with massively increased traffic levels, it was easier for fraudsters to “blend in” with food traffic. Even as we are slowly moving past the pandemic, consumer digital habits acquired during the time have become permanent, and as such we are seeing permanently higher levels of digital traffic as well as fraud attacks targeting digital accounts.

Q. Arkose Labs has been growing tremendously and winning laurels along the way. What are the developments and expansions in the pipeline for the near future for Arkose Labs?

A. At Arkose Labs we are always innovating. We take feedback from our clients and use that to continually improve the product. We plan to continue to grow our team, expand into new geographies, and innovate to defend against the latest evolving fraud trends.

Q. Finally, what are your advises and suggestions to businesses, especially those in the gaming and gambling sector, on how to tackle online frauds and threats like credential stuffing?

A. The key is to really understand how fraudsters attack you and how they make money. You almost have to think like a fraudster.  The way a fraudster will attack a gambling platform, and how they monetize such attacks, will differ from attacks against an online banking service, social media site, or streaming service. Work backward to figure out how they get money out of your platform and how to make that more difficult. It could be by making it more costly to buy proxies by utilizing robust IP intelligence. Or device fingerprint forcing them to invest in more software. You can trigger additional step-up measures for suspicious traffic. It’s important to not just rely on passive signals, as fraudsters can not only get around those, but it also can lead to false positives.

By making the ratio unbalanced on how much time and money fraudsters have to spend on attacks versus what they get out of them, ultimately they will move on and do something else. That’s the most effective way to stop fraud.

Galaxy Racer signs YouTube sensation Noor Stars as new content creator

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One of the biggest female content creators from the Arab speaking world with a following of over 40 Million, Noor Stars will be representing Galaxy Racer across her many channels and creating a variety of content

Galaxy Racer (GXR), the biggest esports, gaming and lifestyle organisation, headquartered in Dubai, with market presence in the Middle East, North Africa, South-East Asia, Europe and South Asia, has announced it has signed one of the most popular content creators in the Arab speaking world, Noor Stars, as its new content creator.

As the latest addition to Galaxy Racer’s constantly growing content creator team, Noor Stars will be representing the organisation across her many channels and creating a variety of exciting and compelling content – which includes everything from music, videos and films to comics and product launches – for her millions of fans around the world.

Galaxy Racer launched in 2019 and has already become one of the biggest esports, gaming, and lifestyle organisations globally. The organisation prides itself on having five separate business offerings; Esports Teams, Content Creators, Tournament Management, Merchandising and Lifestyle and GXR Records, a newly established record label that already carries two signed artists from the MENA region and are looking to expand globally.

Galaxy Racer’s content creator team has enjoyed startling success in just two years, and Noor Stars will join a roster that features some of the biggest content creators in the MENA and Southeast Asia regions, including Abo Flah, the biggest and fastest-growing gaming channel in the Arabic speaking world. The organisation now carries over 100 content creators, with a total reach of over 370 million followers across all platforms and more than two billion views.

The first person in the region to reach 10 million subscribers on a social platform and one of the most popular content creators in the Arab speaking world, Noor Stars began her career on YouTube in 2015. Paving the path for female content creators in the region, Noor Stars had to overcome serious challenges early in her career for simply being an Arab woman on YouTube. Her success on the platform, with passionate fans and a devoted family behind her, has seen Noor Stars become an inspiration to aspiring female content creators in the region, and globally.

Galaxy Racer’s Content Creator and YouTube sensation, Noor Stars commented: “I am excited to be joining Galaxy Racer as their newest content creator! I am always looking to grow as a person and felt I wanted to expand into different verticals and create many more exciting content for my audience such as movies, films and product launches. I am confident at Galaxy Racer I will be able to create and provide fresh and engaging content to my followers. I hope my journey inspires more female content creators to build confidence in themselves and believe that if you truly enjoy doing something, that is a good enough reason to keep going. Never take no for an answer – the most important story to tell is yourself!”

Paul Roy, CEO and Founder of Galaxy Racer, commented: “We are thrilled to announce that Noor Stars will be joining Galaxy Racer as one of our content creators! With an impressive social media following and inspiring the next generation positively, we are excited with the content she will be creating. We have already signed some of the biggest content creators in the region and I believe that Noor Stars will be a great addition to our ever-growing list of content creators. Welcome to our galaxy, Noor Stars!”

Cheers! Veloce launches official beer with partner 1936

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Gaming watch along event at prime Kings Road, London pub celebrates new launch

Veloce has revealed another exciting brand collaboration, this time with Swiss beer company 1936. The London-based pairing are set to launch Veloce’s very own branded beer that will be available at prestigious events around the world, for team members at the Veloce HQ in Fulham, London and across the UK for fans via The Drop Store.

1936 is the latest lifestyle brand to partner with Veloce’s sports and media entertainment platform, joining the likes of the Mercedes-AMG Petronas Esports Team, Codemasters, Bang & Olufsen, Regatta Professional and TW Steel that were announced earlier in the year.

The newly-revealed beverage will also be stocked on board Extreme E’s floating paddock, the St. Helena ship, providing the crew and championship personnel with refreshing beer at selected X Prix around the globe.

1936 lager has already established itself as a firm favourite at some of the country’s most prestigious venues including The Ivy London, Burger and Lobster, The Hut in The Isle of Wight and Beast Restaurant London among others.

To mark the occasion, Veloce hosted an F1 Esports watch along at The Cadogan Arms pub in Chelsea where the world’s largest virtual motorsport competition was streamed throughout the venue.

At the event, attendees tried out the F1 2021 video game on a state-of-the-art Motion Simulation set-up as well as meeting fan-favourite influencers from Veloce’s pool of online talent.

Rupert Svendsen-Cook, CEO, Veloce Esports added: “It’s funny how this partnership has come about after discovering the beer via 1936 supplying our Veloce HQ’s draft beer during lockdown! We couldn’t be prouder to be launching a Veloce beer in collaboration with our good friends at 1936. We’re also delighted that Extreme E will be welcoming our beer on board the St. Helena!”

GGPoker’s $7.25M-Guaranteed GGSOP To Launch October 23

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Ultra-affordable tournament series will include feature events with buy-ins from $2.50

GGPoker today announces that the next iteration of its ever-popular GGSOP online tournament series will run from October 23 through November 7, with certain Day 1 flights already underway.

GGSOP guarantees at least $7.25M in cash prizes across 54 events, with buy-ins ranging from $2.50 to $150. The GGSOP schedule closely mirrors that of the recently-hosted WSOP Online 2021, with buy-ins set at a fraction of those of that enormously popular series.

GGSOP headline events include:

  • $5 The Return NLH – $5 buy-in – October 23 [Final Day] – $100K guarantee

  • FLIP Ladies Championship – $25 buy-in – October 24 – $100K guarantee

  • $50 GGSOP MILLION$, $1M GTD – $50 buy-in – October 24, 31 & November 7 [Final Days] – Day 1s from Oct 17

  • $15 MILLIONAIRE MAKER Jr – $15 buy-in – October 30 [Final Day] – $250K guarantee (at least $50K for winner)

  • $50 GGSOP MAIN EVENT – $50 buy-in – November 6 – $200K guarantee

 

“GGSOP is a tournament series designed for every kind of poker player, with affordable buy-ins and lots of events to choose from,” said Paul Burke, Head of PR at GGPoker. “With millions in cash prizes up for grabs, we know GGPoker players will relish the chance to take down a GGSOP title!”

New GGPoker players are eligible to claim the poker room’s Welcome Bonus, earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.

Holland Casino live with Bragg Gaming Group’s ORYX Hub iGaming content

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Dutch state-owned casino live online with ORYX’s exclusive content as well as its casino gaming aggregator product in the newly regulated iGaming jurisdiction of the Netherlands

ORYX Gaming, a Bragg Gaming Group company, is live with Holland Casino in the Netherlands after the operator was awarded one of the first ten licences announced by the Dutch regulator.

Holland Casino has been operating land-based casinos in the Netherlands since 1976, and runs 14 properties across the country. An instantly recognisable brand in the region, it is fully owned by the Dutch state and employs around 3,500 people.

To supply Holland Casino’s brand-new online offering, ORYX completed an integration with the Playtech Marketplace Platform, the operator’s iGaming technology partner.

Holland Casino’s new online players will now be able to access ORYX-exclusive titles from GAMOMAT and Peter & Sons, as well as from ORYX’s in-house studio. Furthermore, ORYX will supply aggregated casino games from industry-leading suppliers to complete the full content offering.

All games supplied via the ORYX Hub, whether exclusive or aggregated, can be used with ORYX’s proprietary FUZE player engagement tools which include free rounds and gamification features such as tournaments, missions and quests; all with built-in, in-game messaging.

Chris Looney, Chief Commercial Officer at Bragg Gaming, said: “Holland Casino is an iconic brand in the Netherlands. It’s been 45 years since their first casino launch almost to the day, so we wish them a happy birthday and congratulate them on now being among the first group of operators to be granted an online licence for games of chance by the regulator.

“The Netherlands is an important part of our regulated market expansion strategy and we’re proud to be a major content partner to Holland Casino, and excited to bring our games to a brand new audience, while ensuring the highest standards of safer and responsible gambling.”

Jeroen Verkroost, Digital Transformation Director at Holland Casino, said: “The ORYX Hub iGaming content is proven in markets across Europe, and we are thrilled to bring it to our customers as they play online at Holland Casino for the first time. We’ve been impressed with ORYX’s commitment to the new Dutch market and our partnership, demonstrated by a rapid and efficient integration on our platform, early technical compliance approval, and of course, a superb range of games certified for the Netherlands. The legal market opening marks the start of a new era in Dutch casino gaming, and we look forward to providing the very best in casino entertainment to our players, together with our partner ORYX, for many years to come.”

Rush Street Launches Social Gaming Platform in Ontario

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Rush Street Interactive has announced that it is entering the Canadian market with the launch of its social gaming platform CASINO4FUN in Ontario.

The free-to-play online casino and sportsbook is available now on all mobile devices, tablets, desktop, and laptop computers for Ontarians aged 19 and older at BetRivers.net.

CASINO4FUN is powered by the same proprietary technology behind RSI’s real-money platform and offers players in Ontario the comprehensive range of gaming options for which RSI is known in the US and Latin America. The innovative online casino includes over 350 of the latest slot machines and table games as well as unique loyalty and bonusing features, while the online sportsbook gives sports fans the opportunity to experience single-game betting and parlays on numerous leagues worldwide.

“Our expansion into Canada represents an exciting new frontier for RSI and continues our growth across the Americas. CASINO4FUN offers our community of players the same high level of entertainment and customer service of RSI’s real-money gaming platform, delivered in a casual and free-to-play setting. We look forward to providing a truly differentiated gaming experience for players in Ontario that is focused on fostering player trust and enjoyment,” Richard Schwartz, Chief Executive Officer of RSI, said.

RSI expects to launch real-money online casino and sports betting in Ontario under its BetRivers brand in the coming months, subject to licensing and regulatory approvals. In the meantime, CASINO4FUN will enable the company to build its brand and player database and promptly provide these players access to complete the registration process for the BetRivers real-money platform upon launch.

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