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Online Casino and Sportsbook BETZEST™ goes live with Payment Provider MuchBetter

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Online Sportbook and Casino Betzest™ announced a new partnership with the award-winning iGaming payments company MuchBetter.

MuchBetter is already available on Betzest cashier for both deposits and the withdrawal of winnings, offering real-time payments for players.

Online casino and sportsbook  Betzest continues increasing its operations since its launch in July 2018. Betzest is quickly becoming one of the world’s leading online gambling companies offering high-class sports betting and casino games.

Marius Filip, Founder/CMO at Betzest, said: After the launch of MGA license, we are delighted to conclude another partnership with award-winning payment provider MuchBetter™. We are always looking to improve the Betzest™ product for our players and we trust that this innovative global payment solutions provider will play an important part in helping Betzest™ to facilitate transactions in key European& international target markets. A big thank you to our Betzest team for this amazing accomplishment and to MuchBetter Team for their continuous support throughout the process. We’ve had an extremely pro-active start to 2020 with a remarkable collection of world-class payment and casino providers on the way. I’m certain the best is yet to come.”

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About Betzest

Betzest is your leading premier Online Sportsbook and Casino operator run by a team of experienced i-gaming experts.

Due to its unique product and marketing proposition, Betzest is rapidly establishing itself as one of the most trustworthy and reliable gaming company.

Betzest is offering unrivaled sports betting and casino games experience now under a reputable MGA license. The company operations continue to expand in a variety of markets and online gambling verticals such as Live Betting, Live Casino, Live Bingo and Virtual SportsBetzest boasts its robust and multi-functional online sports betting & Casino operating on the SportingTech platform. Today Betzest has more than 60 employees across four offices all committed to delivering amazing player experiences on each of their verticals, partnering with top gaming providers.

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ATG Releases its Channeling Report for the Third Quarter of 2024

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ATG has released its channeling report for the third quarter of 2024.

The report, which covers the time period from the first quarter of 2019 to the third quarter of 2024, highlights a worrying situation in the gaming industry. It shows that there is still a large proportion of gambling activities that take place outside the regulated system.

The purpose of the report is to increase knowledge about unlicensed gambling in Sweden. Through a better understanding of its scope and development, ATG wants to contribute to ensuring that the right measures are taken, so that the licensed gambling can out-compete the unlicensed and thus increase the channelisation rate.

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The channelisation rate for games in the third quarter of 2024 is estimated at 70–82%, which is to be compared with the government’s goal for games with licensed operators of 90%. The ratio has stabilised somewhat compared to the previous quarter, but the long-term trend is still downward.

The result is alarming because unlicensed gambling is more likely to be linked to problem gambling.

“Unlicensed gambling is estimated to have a gross turnover of up to SEK 150 billion – equivalent to the cost of the entire Swedish primary school. To simultaneously make such high demands on us licensed gambling companies, while these enormous sums escape regulation and control, is both unreasonable and counterproductive,” said ATG CEO Hasse Lord Skarplöth.

Other key findings in the report for the third quarter:

Visitor traffic from Sweden to unlicensed companies has increased tenfold since 2019.

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18 of the 20 unlicensed sites with the largest visitor traffic during the quarter had the same platform providers as the companies within the license system.

Only two of the 20 unlicensed sites were on the Spelinspektionen’s ban list.

The post ATG Releases its Channeling Report for the Third Quarter of 2024 appeared first on European Gaming Industry News.

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AI-Driven Business Intelligence Solutions for Women Engineers

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Jayashree Raja shares how women in engineering can find their place at the forefront of the AI revolution.

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1spin4win and mBitcasino introduce exclusive branded slot game mBit Diamonds

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1spin4win is proud to announce the launch of mBit Diamonds, a custom-branded slot game created in collaboration with mBitcasino, a global crypto online casino. 

Designed exclusively for mBitcasino, this release highlights 1spin4win’s expertise in crafting bespoke games that combine engaging gameplay with strong brand integration.

Available starting December 7, 2024, mBit Diamonds is tailored to reflect mBitcasino’s brand identity, featuring the casino’s mascot, Mr. Bitty, as a high-paying symbol. With 1,024 paylines, a sleek diamond theme, a 97.20% RTP, and the potential to win up to x4,500, the game delivers generous payouts.

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The creation of mBit Diamonds demonstrates the growing importance of branded slots in today’s competitive online casino market. Custom games provide operators with a distinctive edge, combining visually engaging designs with gameplay mechanics tailored to their players’ preferences. For mBitcasino, this collaboration strengthens its brand identity while offering its community a game that’s both entertaining and rewarding.

Olga Hlukhovskaya, Business Development Director at 1spin4win, commented, “It’s not easy to stand out in iGaming, but custom games like mBit Diamonds help online casinos do just that. With game customization, we at 1spin4win bring together our well-balanced gameplay and strong branding to keep players interested, build a strong connection to the operator, and help our partners stay ahead.”

Joseph Adkins, Casino Manager at mBitcasino, added, “We’re pleased to offer mBit Diamonds to our community. The game reflects the unique character of our brand and was thoughtfully designed to align with what our players value. Working with 1spin4win has been a smooth and professional process, and we’re confident this game will resonate with our audience.”

To learn more about custom games and other promotional tools from 1spin4win, visit the studio’s website.

The post 1spin4win and mBitcasino introduce exclusive branded slot game mBit Diamonds appeared first on European Gaming Industry News.

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