Industry News
COVID-19, Magellan Robotech (Stanleybet Group) Robotics Division: “Mathematical model and AI techniques predict contagion zero from 7 May and peak attained 27 March. Italy sets worldwide precedent”
The findings of a study commissioned by the Stanley Board to the Robotics Division of the Liverpool Group on the likely trends of the Covid-19 pandemic in the coming weeks, were disclosed and released to all Stanley affiliates in Europe. The Robotics Division is the same that created humanoid robot Alicia, which utilizes the most advanced techniques in giving life to virtual products. The virus is dealt with by a mathematical model that interprets the pandemic as if were spread by a swarm of hostile robots. Each individual virus is looked at as if it were a single nano-robot, and its effects are analyzed in relation to its movements, by the same techniques of logistic prediction that are applied to gauge the simultaneous movement of millions of very low cooperation level software drones (swarms). It is an approach that was fine-tuned for the first time in the world at Magellan Robotech with respect to specialized software simulating the movements of virtual entities, in that case characterized by a high cooperation level. An ad hoc mathematical model enabled the creators to overcome the difficulty of identifying the correct level of cooperation within the swarm applied to the pandemic scenario.
We uploaded into the model the data of the Civil Protection and Health Authoritites of several countries, as well as those of the World Health Organization, de-seasonalized by econometric techniques comparable to those utilized to stabilize the sets of data employed in the predictive models of economic research.
We moroever uploaded into the model the most reliable forecasts that could be obtained on citizens’ behaviours in the countries concerned in complying with the prescriptions of the health authorities. More particularly, we developed separate forecast models for China, and the eight jurisdictions where Stanley is currently operative: England, Denmark, Belgium, Italy, Romania, Croatia, Malta and Cyprus. China, which is now showing considerably stabilized data, was utilized as “control patient”, and compliance rankings were assigned to the other jurisdictions against the Chinese benchmark.
China was thus assigned compliance ranking “100”, and degressively lower rankings were assigned to other countries. The actual rankings assigned will not be made public. We, though, like to think that Italy, which was in its history always capable to summon its best resources in the hardest times, gained the third ranking, hence, a surprisingly “high” compliance level. And we like to think that, albeit in a tragic context, Italy did set the standard for the rest of the world, amongst others, for the spirit of self-sacrifice of its medical personnel, public and private alike, and the exemplary behaviour of its citizens.
In order to assess the damage suffered as a result of the forced closure of its betting premises in the eight countries it is active in, the Stanlely Board had requested an estimate of two key-parameters in each such country: 1) the point in time of the pandemic peak, and 2) the point in time when the number of daily contagions would go down to zero units. Let us recall two concepts that are helpful to understand our assessments. First, peak means the point in time when the contagion curve changes from an exponential increase (concavity facing upwards) to a logarithmic increase (concavity facing downwards). Second, the number of zero contagions is the point in time when the curve reaches its top in terms of infected individuals. Our model supplies both parameters, which are very different from country to country. The Italian data, according to the Magellan model, are as follows: a) the peak in Italy was reached 4 days ago, on 27 March, and b) the number of new infected individuals commenced to decrease after 27 March with an increasing logarithmic trend, bound to reach the minimum (zero contagions) on 7 May 2020. The error margin according to the model is plus or minus 4 days. The overall probability that the model effectively delivers correct data is 88%. Hence, always according to Magellan Robotech, the number of new contagions could reach zero level at any time between 3 and 11 May, although the most likely date derived from the assumptions underlying the model is 7 May. From that date onwards, it is though recommended, and will be necessary, to maintain standards of extremely high prudence for at least another 14 days.
The green light of the Government for resuming ordinary activities in Italy may, thus, be predicted for the last week of May.
At present, Stanley is operating in online mode only, with all physical premises in Europe being shut down awaiting the prescriptions of the national authorities. We seize this opportunity for encouraging all Stanley agents anywhere in Europe to strictly comply with such prescriptions and, above all, to stay at home. Stanley has asked that all its employees and commercial partners do the same. Strict compliance only will take us all to the end of the pandemic.
Dr Garrisi, the Stanley CEO and creator of the Magellan mathematical model, in a phone interview from Malta launched a warning: “I am confident that the predictions developed by us will prove substantially correct. However, there is a risk. In fact, our model shows that the contagion trend in the coming days should collapse exponentially. In other words, we will see the number of new infected individuals decrease by the day with astonishing speed, but the curve will thereafter slow down and tend to become flat with an enervating “swing behaviour” equally changing by the day, to reach the zero contagion point at the beginning of May. It is, therefore, to be expected that in the coming days between 7 and 15 April a mood of euphoria will prevail, as if the problem was eventually overcome. Mind you, this is not the case. A relaxation of the strictest compliance with the prescriptions of the authorities could result in a fresh uptake of the pandemic instead. All of us must absolutely stay at home, not only until the day when the absence of new contagions is declared, but safely well beyond that point in time. Provided all of us remain compliant and strict in observing the prescriptions of the authorities, the gambling sector may start to think of a re-opening of physical operations within the end of May”.
About us
Magellan Robotech Ltd was founded in 2014 by the Stanleybet Group, international bookmaker with over 60 years of experience in the Gaming business, with the aim of exploring new frontiers in Gaming and Entertainment.
Since its foundation, a team of more than 100 professionals has been dedicated to create bespoke products and services. Magellan highly custom-made solutions are entirely pinpointed to our customers needs and, furthermore, compatible with the rules set forth by the Gambling Commissions of several Countries.
Our mission is to improve the productivity and the efficiency of operators and to further enhance the gaming experience for customers, making it increasingly intense and exciting
The Company’s range of products, already licensed in several European Union Countries and certified ISO/IEC 27001, includes a complete Gaming Platform, compatible with gaming products by all major global providers; V-Sports (3D virtual games including football matches, horse and greyhound racing); _Trident _ (a full championship with a multi-screen layout, from 1 to 4 screens); V-Numbers (two different types of Lotteries); Apache (a Pre-Match and Live Betting system for retail market); Midas (a Self-service betting software for retail market).
In June 2018, ¬Magellan Robotech obtained the international certification ISO/IEC 27001, which defines the global requirements for an Information Security Management System (ISMS) and is designed to ensure the selection of adequate and proportionate security controls. The standard also requires periodic checks, thus guaranteeing constant and extreme protection of the certified companies’ customers’ information.
Esteemed financial analysts at IPO Edge recognize the merged Golden Matrix and MeridianBet Group entity as a burgeoning global gaming leader with a promising financial outlook and innovation
Golden Matrix Group Incorporated (NASDAQ:GMGI) (Golden Matrix) and MeridianBet Group, the newly-consolidated entity in the online gaming world, are honored to receive positive analysis from IPO Edge, a leading portal known for its insightful and credible financial analyses.
The distinguished coverage highlighted the Golden Matrix acquisition of MeridianBet Group as having a significant potential to reshape the gaming landscape, focusing on the combined entity’s strategic positioning for expansive growth and technological innovation.
The entire analysis can be found at: https:/ /IPO-Edge. com/strike-gold-with-gmgi-and-meridianbets-global-gaming-powerhouse/
IPO Edge Insights
The recent article by IPO Edge analysts casts a spotlight on the strategic merits of the $300 million acquisition of MeridianBet Group by Golden Matrix. According to the portal, this bold move is poised to establish a global gaming juggernaut with projected sales reaching $182 million by 2025. The merger not only signifies a monumental leap in market expansion, spanning over 15 markets including Serbia, Montenegro and Bosnia but also underscores the entity’s prowess in emerging markets such as Mexico, Tanzania and Peru.
A Story of Strategic Growth and Innovation
At the heart of the Golden Matrix acquisition of MeridianBet Group lies a shared commitment to innovation and customer satisfaction as the combined group owns a scalable tech platform that leverages machine learning for continuous improvement, alongside unique betting features like Empty Bet, which empowers players to craft their own bets. This synergy of technological advancement and market intelligence sets the stage for an unprecedented growth trajectory in the online gaming sector.
Financial Prudence and Future Prospects
Underscoring the merger’s financial strategy, IPO Edge commends the conservative financing approach, with an anticipated 2x leverage post-merger. This prudent fiscal management, coupled with the leadership of Chief Executive Officer Brian Goodman, enhances the company’s capacity for further strategic mergers and acquisitions.
The CSR Segment
The merger’s dedication to corporate social responsibility, with initiatives aimed at converting players into patrons of meaningful CSR programs, distinguishes it beyond financials and market expansion. This commitment reflects a broader vision of achieving profitability while fostering a positive social impact.
The Market Potential Not Yet Anticipated
As pointed out by this analysis, the market may not fully recognize Golden Matrix’s potential yet. The company’s enterprise value is close to $400 million. That compares with multiples of eight times for Caesar’s Entertainment and a whopping 22 times for DraftKings, according to Sentieo, an AI-enabled research platform.
For more information about the Golden Matrix, please visit https:/ /GoldenMatrix. com/company/ or https:/ /ir.MeridianBet. com/.
The post Golden Matrix Acquisition of MeridianBet Group Receives High Praise from IPO Edge appeared first on European Gaming Industry News.
Shane Cotter at Real Dealer Studios walks us through the groundbreaking new release, Volcano Roulette, and discusses whether classic table games need a makeover for today’s online audience.
Roulette is probably the most timeless casino game out there. Here’s what happened when we gave it a couple more balls. And a volcano.
The game we’re now launching is Volcano Roulette, and it’s fair to say that it’s a huge departure from what the industry is used to. The first thing players will see is the sleek, steampunk environment and a roulette wheel with that smoking volcano right in the middle. The game’s visuals, compared with typical RNG games, are several steps ahead thanks to the Cinematic RNG technology that Real Dealer invented. Essentially, this means the game was built on video that was produced the same way Hollywood films are made.
As cool as this game looks, it’s really the mechanics that set it apart. In every round, once the spin starts, one or two glowing lava balls can randomly shoot out of the volcano to become part of the action. These extra balls increase the chance of hitting a straight-up bet. If the player does land any straight-up bet, a special sequence starts where the numbers on the wheel shift, steampunk style, into multipliers. Then another lava ball erupts out to pick the multiplier for the straight-up bet win. These multipliers can be as much as 333x and apply to all straight up bets that land in the round. That means the player could win up to 999x their bet.
An eruption of innovation
What sparked this game’s theme is once again related to Cinematic RNG. We’ve got this amazing technology that gives us a huge amount of flexibility. It lets us make hyper-realistic looking games with any kind of action and put them in any setting we choose.
So one of our designers got the idea to have a roulette wheel where the numbers could drop down, shift, flip over and pop back up with different numbers, all of which would happen in an old-fashioned, mechanical looking way.
We were also having ongoing discussions about how to revamp the process of releasing the ball onto the table. And after a few sessions at the drawing board, we had the great idea of including a volcano.
Between the steaming volcano and the mechanical action of the changing numbers, the steampunk theme basically chose itself. Our 3D designers then set to work creating all the mechanical lightbulbs, cogs turning and all these different dials that give the game its character.
A degree of familiarity
Volcano Roulette is obviously a huge departure from what long-time players are used to. The challenge with revamping a classic is ensuring that when you innovate, you retain those elements of the game that the players love. That’s a balance that I believe Real Dealer Studios has managed to achieve.
That brings us to the question of whether online roulette needs a makeover. And the answer is both yes and no. As you can imagine, different players are after different experiences from the games that they play. Some prefer the classics while others want something completely new.
When this table game first moved into the digital space, it started off as a computer animation. It later improved, but still has that animated RNG feel. Later live games came in and have gained their own following. But for existing table game players used to that classic bricks-and-mortar casino feel or just looking for something higher quality, there was nothing out there.
Seeing this, we developed cinematic RNG to deliver a much better online experience, with enhanced audio-visual quality and heightened gameplay compared to other table games you find online. I wouldn’t call this a makeover – it’s getting back to what this game is all about and doing a better job of it in the online environment.
Of course, there are other players who are expecting new twists to the game. The key to catering to these different demands from players is to have an extensive portfolio that spans multiple themes and includes a range of features. Some might be done in classic style and include a dealer, others might be automatic and have multipliers.
Attracting new audiences
Where a full-fledged makeover becomes useful is when you’re trying to cross-sell table games to the larger pools of players coming from sportsbook and slots. The challenge here, however, is that each of these two demographics requires a completely unique approach.
To reach sports bettors, for example, we have created games that tie into real-world sporting events. Just last year, we had Hockey Fever Roulette which was launched for the Ice Hockey World Championship in May. The game was set in a man cave loaded with fan memorabilia and had rock music playing in the background. It was everything you would want in a hockey-themed game.
That was then followed by Rugby Fever Roulette, which was launched ahead of the Rugby World Cup. We wanted to make this game more personalised for each player, so we built a feature where players could choose between dealers and switch the visuals and thematics to match their favourite team.
Obviously, attracting new audiences was a major focus for these two games. But creating sports-themed titles also provided our operator partners with an opportunity to work our games into their event promotions. So, it had marketing benefits too.
Engaging with slots players is a completely different ballgame, however. Traditionally, there isn’t much cross-over between slots and table games. We therefore had to find a common ground between the two verticals. This is where slots-type features like multipliers, collect features and unique designs came into play. Cinematic RNG has really helped us here, letting us create some fantastic mechanics and immersive designs catering to the slots crowd.
Recently we took an even bolder step into the slots realm by partnering with the producers of an enormously popular slots title, 9 Masks of Fire. Our roulette version of the legendary game became an instant hit.
As 2024 progresses, we have plenty more titles in the pipeline which we are confident will offer a new spin on the classics and continue to drive engagement with players. Stay tuned!
The post Real Dealer Studios: Offering a fresh spin on classic roulette appeared first on European Gaming Industry News.
The madness of Cheltenham and Grand National has been and gone. Congratulations on surviving; you’ve made it through and live to fight another day. So, what’s top of the agenda for today? Preparation for the 2025 edition’s of the Cheltenham Festival and the Grand National, of course!
Here are the six key planning and strategy points to consider in order to give yourself the best possible chance of success next spring.
The work begins now
Yes, Cheltenham 2025 is a long time away. But everything is fresh in your mind as of this moment. Many of the changes you may end up acting on could take a long time to execute, and there’s undoubtedly going to be countless foreseen and unforeseen priorities between now and the end of the year. Start now whilst 2024 performance is fresh in your mind and fresh within the wider business psyche. Keep the festival mindset running for as long as possible to maintain momentum and get flying out the stalls.
Involve all parts of the business
This is not just an exercise for the IT department. Every relevant stakeholder from around the business should be represented. What were customers saying to Customer Services? How did Trading cope when their bet tickers slowed down? What offers and promotions did Marketing take note of that they would like to offer next time? Bring in stakeholders from all business arms to create a holistic view of where the opportunities lie and what challenges need to be overcome.
Look at the data
Get hold of all of your performance metrics from every component of your systems and take the time to do a deep-dive analysis on those numbers. If you haven’t got all the metrics that you’d like to have to hand? Well, there’s your starting point for the list of ‘things to fix immediately’.
Be honest with yourselves
Getting business involvement, analysing all the data, and prompt planning is all well and good. But if you’re not going to be brutally honest with yourselves as an organisation, it may be all for nothing. Yes, it’s important to acknowledge everyone’s hard work and remember all the things that you did right. But you also have to be your own harshest critics about what didn’t go so well and what could be improved on. There’s really no point in doing all this if you’re not going to seriously challenge yourselves to do better.
Next year won’t be the same as this year
You’re going to be delivering a various new features and functionalities, as well as making many changes to your internal systems over the next twelve months. So the technical landscape that 2025’s Cheltenham Festival and Grand National inhabited will be very different to the one just gone. How will that fancy new bet builder widget in development hold up under the unique stresses of Grand National day? What will your new AI recommendations engine do when everyone’s betting on just one event? You don’t need to answer these questions right now, and it’s highly likely that you won’t be able to answer all of these questions now. But you need to bake in consideration of Cheltenham and Grand National to your non-functional requirements for every change you make in the coming months.
Get a high-level plan diarised
You need to start now but you can’t finish now. This is something you’re going to need to come back to periodically until those Cheltenham gates open. It’s a simple but powerful scheduling task: put the key staging posts in relevant team’s diaries now. You don’t want wake up in a cold sweat one morning in January realising that you’re two months out from the Greatest Show on Turf and haven’t made notable progress on the fixes required from this year’s festivals.
By: Graham Cassell, Partner at Circle Squared
The post Cheltenham and Grand National 2025 start now appeared first on European Gaming Industry News.
-
Eastern Europe4 weeks agoEveryMatrix opens new eco-friendly HQ in Bucharest as it announces 1,000th employee
-
Baltics4 weeks agoThunderkick bolsters presence in Lithuania with 7bet deal
-
Africa4 weeks agoA Comparative Analysis Of Land-Casinos and Online Casinos in South Africa 2024
-
Latin America4 weeks agoPeru Gaming Show Announces Expansion
-
GAT Expo Colombia4 weeks ago
R. Franco and R. Franco Digital to present latest products at 25th anniversary of GAT Expo Colombia
-
Australia3 weeks agoCrown Approved to Retain its Melbourne Licence
-
GAT Expo3 weeks agoPragmatic Play Prepares for GAT Cartagena Gaming Week 2024
-
Australia3 weeks agoRabbitohs and Bulldogs Pledge Three More Years to Tackle Sports Betting Advertising
