Press Releases
PayFuture Statement – Recent Events at ICE 2024
In response to recent events at ICE 2024 PayFuture Ltd, a UK owned and operated company, issues the following statement to clarify events leading up to the recent Disinformation as a Service attack (DaaS) against PayFuture, and to refute several potentially damaging accusations made against the UK business and Payfuture Technologies LLC based in Dubai.
The recent events at ICE 2024 combined with leaflets and published articles are evidence of a Disinformation as a Service Attack (DaaS) aimed at falsely accusing Zaki Farooq and PayFuture of nefarious activity. These are lies positioned as facts that PayFuture and Farooq refute in full.
DaaS attacks are characterised by distorting or skewing minimal factual information with multiple fictional elements to present an entirely false narrative and discredit a business and/or a person. The perpetrators of this DaaS attack have relied on applying facts and figures from other unconnected businesses. This deliberate strategy is intended to tarnish our organisation’s reputation and mislead the public.
Statements of fact:
PayFuture Ltd in the UK is owned, managed, and run by Manpreet Haer and is a different legal entity from the Dubai-based business of the same name.
Mr Farooq is the CTO and Co-Founder of the Dubai based business.
Mr Farooq is not involved in the running or management of PayFuture Ltd in the UK.
Zaki Farooq is not a director, nor is he acting as a director of any Limited company in the UK, in full compliance with UK law.
Mr Farooq, Mr Haer, or any business with the PayFuture name, have never broken the law and are not currently under investigation.
Zaki Farooq, CTO PayFuture (Dubai), comments: “Recent articles, social media, leaflets, and other materials have been put in the public domain containing malicious accusations that PayFuture is involved in nefarious activities. These accusations which include implicating members of my family are wholly untrue and without basis. I have initiated legal proceedings which are already underway in the UK and Cyprus to leave the truth in no doubt.”
Manpreet Haer, CEO at PayFuture, comments: “The allegations of stealing money against Farooq and PayFuture are entirely false. I have worked closely with Zaki for several years and can attest to his integrity and commitment to ethical business practices. Farooq has been an asset to the business where I am partnered with him and has contributed significantly to our success internationally.”
PayFuture enjoys a fantastic relationship with its hundreds of customers internationally (outside of the UK) and is renowned for being one of the most credible and trusted technology businesses as can be seen by its exponential growth over the past few years.
Casino Guru, the world’s premier independent online casino resource, proudly announces the launch of its new webinar series, “Safer Gambling Talks.” This innovative series aims to delve into the critical aspects of safer gambling within the industry, addressing jurisdictional nuances and universal consumer protection standards.
“Safer Gambling Talks” is dedicated to fostering a highly responsible gambling environment by engaging with experts and industry leaders. The series will explore various topics, focusing on creating a more sustainable and commercially viable gambling industry that prioritizes player protection.
In the premiere episode, Šimon Vincze, Casino Guru’s Head of Sustainable & Safer Gambling, engages in an insightful discussion with Dr. Margaret Carran, Associate Professor in Law and Associate Dean (Education) at The City Law School of City, University of London. The conversation centers on improving self-exclusion practices within the gambling industry, aiming to enhance player protection across different markets. The episode is available on Casino Guru News YouTube channel.
Šimon Vincze, a staunch advocate for responsible gambling, leads Casino Guru’s efforts in sustainable and safer gambling. He spearheads the Global Self-Exclusion Initiative, driving forward best practices in player protection and operator responsibility. Recognizing gaps in existing tools, Šimon is committed to ensuring a safer gambling environment for all.
The post Casino Guru Launches “Safer Gambling Talks” Webinar Series with Šimon Vincze appeared first on European Gaming Industry News.
Popular iGaming content provider BGaming has signed a multi-brand content deal with African licenced operator Premier Bet, marking another major market entry.
Through this new collaboration, BGaming has delivered a selection of its games to Premier Bet’s platform. Titles such as Fruit Million, Wild Cash X9990, Bonanza Billion, Aztec Clusters and Merge Up are all available to the operator’s registered players across several African markets.
Premier Bet dates back to 1997 and currently operates in 17 countries on the continent. It is one of Africa’s biggest betting companies, offering gaming and business opportunities to people across the west, east, centre and south of the continent.
Africa has always been an epicenter for innovation and resilience, and one industry exemplifying its dynamism in recent years is gambling. This latest market expansion demonstrates BGaming’s exponential global growth and lays the foundations for further success in the thriving region.
Olga Levshina, CCO at BGaming, said: “BGaming continues to penetrate international iGaming markets, with its fresh approach to online casino proving a hit with a wide demographic of players. With this partnership, we have added some of our most appealing titles to Premier Bet’s games line-up as it seeks to expand its player base.”
Karen Hope, Director of Casino at Premier Bet, added: “We are pleased to partner with BGaming to drive this next phase of Premier Bet’s development across several key African markets. The studio’s vibrant games add variety to our casino games collection.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,100+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 150+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
The post BGaming debuts in Africa with Premier Bet appeared first on European Gaming Industry News.
Playnetic, the new immersive B2B iGaming provider has announced that it has been granted a Swedish licence, following regulatory approval from the Swedish Gambling Authority, Spelinspektionen.
The licence allows Playnetic to launch its catalogue of innovative iGaming titles in Sweden, enabling the company to finalise partnerships with prominent operators across the country.
This significant milestone marks a major step forward in supporting Playnetic’s ambitious growth plans, which include increasing its foothold in other European markets, as well as continued expansion in regulated markets across the globe.
Dan Phillips, Playnetic CEO said: “Since launching in early 2023, Playnetic has been exploring expansion opportunities in Europe to penetrate new markets and we are thrilled with achieving this milestone.
“Thanks to our experienced compliance team, we were able to obtain this licence promptly, which is a huge positive as the market entry lines up perfectly with our regulatory roadmap for 2024. We are looking forward to launching our innovative suite of games which feature captivating themes and mechanics to players and operators in Sweden.”
The post Playnetic strengthens European presence with licence to operate in Sweden appeared first on European Gaming Industry News.
-
Latest News3 weeks agoThe Importance of Data Quality Review Checks in the Gaming Industry
-
Asia3 weeks agoOnlyplay Enters into Strategic Partnership with Ritchie Rabbit
-
Africa4 weeks agoNE Group powers 888bets launch in Angola
-
Balkans3 weeks agoWazdan marks Croatian market entry with PSK partnership
-
Central Europe4 weeks agoApparat Gaming and edict egaming announce partnership
-
Africa3 weeks agoHub88 partners with LiveGames to enhance content offering
-
Australia3 weeks ago
Tabcorp Partners with OpenBet’s Sportsbook Technology to Propel Growth and Enhance User Experience
-
Brazil3 weeks agoKiron Interactive expands Brazilian presence with EstrelaBet partnership
