There’s never a dull moment for the iGaming industry! Take a look at our top hits that have created the most buzz this October.
There have been a lot of interesting developments in the online casino industry. If you’ve been out of the loop with the latest and hottest changes, don’t fear - CasinoWow has got you covered with a quick fix of all the latest buzz!
Take a look at the most important online gambling news for October 2020.
Fear of monopoly threatens Evolution and NetEnt merger
Earlier this year there was a lot of buzz in the industry after Evolution expressed their intention to acquire NetEnt.
NetEnt is considered one of the most innovative software developers in the industry. Evolution is known as the leader in Live Casino games realm but NetEnt is no stranger, having created a wide range of their own live dealer games.
The news of a possible merger between the two industry leaders was not applauded by all. Online casino regulators immediately showed concern. The United Kingdom’s Competition and Markets Authority (CMA) launched an official probe into the industry impact this merger would have.
The feedback will determine if an additional probe is required or if the merger can move forward in November.
Safety in Social Media
Social Media is one of the biggest players in the online industry with people gaining access to everything from social sites worldwide. Facebook is considered a leader in the industry and as such finds it necessary to lead the way in consumer protection.
After a hard knock regarding user safety recently, Facebook has partnered with the UK Gambling Commission (UKGC) to increase their safety features, especially when it comes to gambling ads.
Changes in country regulations
Countries across the globe are becoming more proactive about making the online gambling industry a safer space for gamblers. As such they are frequently looking at ways to update their regulations and increase the safety of players at online casinos.
Spain, Sweden, Norway, India and Greece have updated, added or changed gambling regulations recently.
The Swedish government has implemented more restrictions and limits, while Norway has realised an error in their ways and are focussing on addressing gambling in its current Acts. Gambling isn’t legal in Norway but there are no laws to enforce on those playing illegally.
Spain has implemented new regulations which prohibit online casinos from sponsoring teams or endorsing players in the country. The new regulatory changes focus on limiting advertising in all forms within the country.
Greece and India have claimed their spots in the iGaming industry. Just recently regulators in Greece started accepting applications for new licensees .
India is another rising star that has started gaining traction in the online casino industry. The main reason being a rollout of stable internet and mobile connectivity across the country.
Strong guidelines set to protect casino VIPs
VIPs are, as the title suggests, incredibly important to operators and their livelihood. These are the players that deposit large amounts and play regularly. Casinos spoil these big spenders with a range of exclusive rewards and perks for their loyalty.
That being said since the UKGC forced the industry to get its house in order , casino VIPs have declined in numbers. The objective being to keep players safe, advertise responsibly and manage VIP incentives carefully.
When it comes to VIP programs, casinos need to tread lightly and ensure they are not participating in irresponsible incentivisation.
All things new to spin and win
The best part of all the recent changes in the industry is the new games available at top online casinos.
Reactoonz 2 by Play‘n GO - This long-awaited sequel to Reactoonz (released 2017) is finally here. This game is played on a 7x7 grid with tons of wins possible from cascades and bonus features.Helloween by Play‘n GO - If you’re in the mood for something spooky, whether it’s Halloween or not, the latest release by Play‘n GO is for you. This slot is based on the German power metal band and is packed with thrilling features to trigger big wins.Мonopoly Big Spin by Shuffle Master & SG Digital - If you enjoy old classics with a modern twist then Monopoly Big Spin is the game for you. This monopoly inspired slot allows you to spin the roulette-like wheel for a chance to become an instant tycoon. The game comes with a superb range of features including free spins and a jackpot.Xploding Pumpkins by Gamomat & Merkur - Sometimes you need to combine the spooky and the classics for that ultimate Halloween feel. The new Xploding Pumpkins slot does exactly that and brings exciting wins to the front with Exploding Pumpkin Wilds.Chocolates by Big Time Gaming - If you’re a sweet tooth then the new Chocolates slot from Big Time Gaming is a must-play. The slot is packed with tasty treats including am ExtraWays Mechanic that unlock up to 65,536 ways to win.
Each of these is a brand new thrill to experience at your favourite online casino. With all of the latest changes in October 2020, we've witnessed many interesting developments in the industry.
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October 31, 2020
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