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Altenar Strikes Sports Betting Deal With Lottoland

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Altenar has struck a new deal to provide a fully managed sports betting platform for leading lottery betting site Lottoland.

It will be the first sportsbook for Lottoland, which launched the platform in select markets in 2019, and plans to expand globally throughout 2020.

Lottoland customers will now be able to access lottery betting, gaming and sports all in one place.

The sportsbook provider confirmed that the integration process is already complete and it is now live.

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“We are very happy to be working with Lottoland on their first sportsbook,” said Altenar Commercial Director Domenico Mazzola on the deal, “The whole team is very proud that the product is now live.”

Mazzola added that Lottoland had chosen Altenar for its “flexible approach and customisation of the software”, which has been tailor-made to fit the needs of the online lotto provider.

“The deal with Lottoland is important to Altenar, and we appreciate the trust placed in our product and company to deliver such an important vertical for Lottoland’s global expansion strategy”, said Altenar Chief Executive Officer Stanislav Silin, when asked to provide his comments on the new partnership. “We are looking forward to a long-term cooperation together, and are going to do our best to ensure our sports betting solution provides the necessary technological edge and flexibility for Lottoland”

The feature-rich sports betting platform from Altenar includes extensive in-play betting, flexible configuration options and a modern adaptive player-centric user experience.

Nigel Birrell, CEO of Lottoland, said: “We are thrilled to be incorporating a sportsbook platform into our product offering for Lottoland players. Our customers are at the heart of what we do, and for that reason we are very pleased to be providing a one stop shop for lottery betting, gaming and sports.

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“Having Altenar at the helm of its development means that we can truly focus on customer experience, with competitive pricing, ease of use, market variety and a frictionless user journeys all being incorporated into the design. We are very excited to see the finished product live on our site.”

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GGPoker Launches Exclusive WSOP Circuit UK Satellites Press Release

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GGPoker, the World’s Biggest Poker Room, is proud to launch exclusive online satellite tournaments to the upcoming WSOP Circuit UK £1,100 Main Event, which will be hosted at Nottingham’s Dusk Till Dawn Poker Club from March 15 through March 24.

The winner of the WSOP Circuit UK Main Event, which boasts a £500,000 guarantee, will claim a prestigious WSOP-C Gold Ring and the lion’s share of the massive prize pool.

Phased WSOP-C UK satellite tournaments are currently running at GGPoker, with buy-in to Centroll satellite tournaments set at £0.01, Phase 1 at £1,10, Phase 2 at £11 and the Final Phase at £110. At least five WSOP-C UK £1,100 Main Event tickets will be won in each Final Phase satellite.

Players that win £1,100 Main Event tickets will be registered into the exclusive OnLive Day 1 hosted by GGPoker on March 19, with all Day 1 survivors making it through to the live Day 2 on March 24.

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“We’re delighted to partner once more with World Series of Poker and Dusk Till Dawn, with UK and Irish players promised a super event in Nottingham next month,” said Angela Martin, UK & Ireland Head of Marketing at GGPoker. “Players can win their way to the WSOP-C £1,100 Main Event for just a single penny and take aim at a guaranteed £500,000 and WSOP Gold Ring!”

New GGPoker players can also 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.

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PAGCOR SEEKS GCG APPROVAL TO IMPLEMENT SALARY STEP INCREMENT

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The Philippine Amusement and Gaming Corporation said it has asked the Governance Commission for GOCCs (GCG) for approval of salary step increments based on employees’ length of service to correct distortions caused by its new Compensation and Position Classification System (CPCS).

In a letter to GCG Chairperson Atty. Marius Corpus dated February 22, 2024, PAGCOR Chairman and CEO Alejandro H. Tengco said the PAGCOR Board of Directors has approved the implementation of step increments but it needs GCG approval.

“Parallel to the thrust of the PAGCOR Board of Directors to prioritize the welfare of the employees, the PAGCOR Board approved the Implementation of Step Increment based on Length of Service, subject to GCG’s review and approval,” he said in the letter.

The PAGCOR chief said the step increment is only the first of many appeals that the agency plans to lodge with the GCG so that PAGCOR employees may enjoy competitive salaries and benefits comparable to other revenue-generating GOCCs.

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PAGCOR received its Authority to Implement the CPCS on January 31 this year. However, majority of the employees were dismayed to see that their take-home pay decreased when they received their salaries on the first payday under CPCS on February 15, 2024.

The CPCS also caused distortions in pay scale since all employees were reverted to Pay Step 1 regardless of their years of service. This means that a new employee in a certain position gets the same salary as someone who has been in the same position for 15 years or more.

Chairman Tengco said the Step Increment appeal is only the first of many which the agency plans to lodge with the GCG to remedy the overall decrease in employees’ take home pay, especially for those who occupy the lowest rungs in the organization.

“We hope that the GCG will positively respond to our appeal so that all tenured PAGCOR employees will not feel shortchanged, and instead receive the compensation that they deserve under the bounds of the law,” he added.

A provision under the CPCS implementing guidelines states that “one step increment shall be granted to qualified personnel for every three years of continuous satisfactory service in the present position.”

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Records show that as of December 31, 2023, a total of 7,057 PAGCOR personnel or 72.60% of the agency’s workforce have been in service for more than three years in their respective positions.

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ClearStake secures seven-figure funding round to drive further growth

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ClearStake, a leading solution for smart financial data requests, has completed a seven-figure funding round that will allow the company to scale its business and further its mission to reduce the number of players lost by operators when asked to share financial information, a huge problem for the gambling industry.

The technology solution, built on Open Banking and designed specifically for the gambling sector, helps operators lower the costs of compliance by doing in minutes what can take hours and increases the number of players who opt-in to share their data to become eligible for approval. Early adopters have already reported up to a 6x increase in player retention when data is required.

ClearStake is already backed by industry stalwarts and its latest round has attracted more investors, including former and current senior executives from major brands such as Flutter, Paddy Power, PointsBet, Stats Perform and EML Payments.

Affordability and AML checks are a focus in numerous jurisdictions and the ClearStake platform is a simple, easy-to-implement solution that makes these checks fast and easy for players. Demand for a tool like ClearStake has never been greater, as both mid-sized and larger operators look to make checks as frictionless as possible.

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The technology has proven to deliver results and the company is now preparing for a significant period of growth, with further product development in the pipeline. ClearStake also now has its sights on international opportunities, as it continues to establish itself as the go-to provider for financial data requests for the gambling industry.

Martin Burt, CEO at ClearStake, said: “We are delighted to have secured additional funding for our journey, which will enable us to deliver our solution to a greater number of operators.

“We are lucky to have an investor group consisting of prominent industry experts who understand the potential of our technology globally and are on board with our vision of solving the challenge of requesting financial data from players.”

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