Daily News: casino growth in Denmark, new slot from Booongo and Gambling in the Netherlands
Casinos in Denmark grows
According to information from the gambling regulator of Denmark, Spillemyndigheden, in 2019, the online casino industry has shown significant growth. Thus, according to available information, licensed participants in the Danish market report a profitability of $952.3 million — this is 2% higher when compared with the amount reported in 2018.
The profitability level of online casino operators increased by 8.1%, up to 2.3 billion kroons. As for betting, it is losing money - in comparison with the previous period, financial results decreased by 1%, to the level of 2.5 billion kroons. Revenues from slots were also reduced by 2%, while in the land-based casino industry, indicators decreased by 1.6%.
According to the results of the 4th quarter of 2019, the dominant vertical is sports betting. The indicator reached the level of 621 million kroons - this is 6% lower than it was recorded in 2018. The second place in terms of income - online casino operators, 573 million kroons. Level of vertical income of slot machines showed a decline of 6.8%, to the level of 329 million kroons.
In 2019, mobile games dominate the gambling market. The revenue of 48% was recorded, first of all, thanks to mobile gambling but only 34.2% of the bets were received at land-based bets.
Presentation of a new slot - Tiger’s Gold: Hold and Win
Tiger's Gold: Hold and Win slot is a new development from Booongo that focuses on dominant motives of Chinese culture such as tiger and gold. In the new slot, these symbols are indivisible and complement each other perfectly.
So, Tiger’s Gold: Hold and Win gives an incredible opportunity to each player — throughout the slot, you will be accompanied by tigers — the main symbols of the new slot. The slot features a high-quality picture, great sound accompaniment — this is everything you need to enjoy a spinning reel and incredible functionality.
Additional symbols that are used in the slot are gold bars, letters, symbols of a turtle with a dragon's head, statuettes of tigers and fishes.
The famous Yin Yang symbol is used as a wild. As a scatter symbol, developers used a bowl filled with iambic. After 3 symbols appear on the reel, free spin function will be launched.
The developers don't forget about the bonus game. After 6 or more bonus symbols appear on the reel and the bonus game starts, the reel is filled with bonus symbols. Each of the bonuses has its own cost — only 3 spins are provided initially, however, their number will increase as new combinations appear.
Tiger’s Gold: Hold and Win slot is made according to the classic 5x3 scheme, with 25 paylines.
The Netherlands to fine for underground gambling
SA is the gambling regulator from the Netherlands, it is focused on the land-based segment of the gambling business. So, the fine for the using of unauthorized slot machines reaches almost 100k euros.
Not so long ago, Speelautomatenhal Schinveld B.V. was fined, as a result of which it turned out that the operator had placed the equipment in an entertainment center. Investigators visited the facility and found out the violation.
Additionally, the company was fined 86.5k euros and was deprived of equipment, which was subsequently sold to the operator which has the necessary license.
The regulator fined another company that placed slot machines in Amstendam with an expired license.
In total, 10 fines were imposed on operators in 2019, with a total amount of 3.5 million euros.