Tag Archives: Cyprus
Cyprus – City of Dreams Mediterranean generating revenue as Macau drains profits for Melco
Set to open in the summer of 2023, City of Dreams Mediterranean was a bright note in the overall gloom of Melco Resorts and Entertainment’s Second Quarter Earnings Call. Total operating revenues at Cyprus Casinos for the quarter ended June 30, 2022 were US$21.7m, compared to US$10.0m in the second quarter of 2021. Cyprus Casinos…
Cyprus – Parimatch Tech scraps CMO role as part of business decentralisation push
Parimatch Tech‘s CMO position is now absent as a result of a business strategy renewal that prioritises business diversification and expansion into new markets. The marketing department will branch out into two key streams with individual leaders: Brand and Marketing Performance. The Brand Performance department will continue developing the Parimatch brand worldwide with all the…
Cyprus – Rainmaker chooses GiG Comply tool
Gaming Innovation Group has signed an agreement with Cyprus based affiliate programme Rainmaker for its automated marketing compliance tool, GiG Comply. Nataliia from Rainmaker explained the rationale behind the decision: ‘Compliance is one of our top priorities when it comes to advertising our brands and we are conscious of the great effort we should dedicate…
Cyprus – Melco Cyprus receives accreditation for Responsible Gaming — RG Check
Melco Cyprus, operator of Cyprus Casinos (C2) and the upcoming integrated resort, City of Dreams Mediterranean, announces C2 has been accredited with the esteemed third-party accreditation for Responsible Gaming — RG Check, establishing C2 as the first in Europe to receive the endorsement. The achievement further establishes Melco as the first and only integrated resort…
Cyprus – Match-fixers exploit lack of regulation in non-competitive football matches
Football friendly matches are wide open for match-fixing due to a lack of regulation according to new research, with more than 250 friendlies involving European clubs showing signs of suspicious activity during 2016-20. The results come from a three-year study funded by the European Commission’s Erasmus+ programme and led by the University of Nicosia Research…
Cyprus – BF Games content goes live with Parimatch
BF Games has taken its games portfolio live with Parimatch through a direct integration, enhancing the development studio’s reach in the CIS region. Parimatch customers now have access to BF Games’ library of 64 titles, including Book of Gods, Stunning Hot, Crystal Mania and Hot Classic, Cave of Fortune, Star Settler, and Stunning Cube. The…
Cyprus – Melco back to making a profit in Cyprus
Melco Resorts & Entertainment’s temporary casino and four satellite casinos in Cyprus are back to making a profit again following their recent reopenings. For the quarter ended June 30, 2021, total operating revenues at Cyprus Casinos were US$10m, compared to US$3.5m in the second quarter of 2020. Cyprus Casinos generated negative Adjusted EBITDA of US$0.8m…
Cyprus – Soft2Bet partners with Onfido to power trusted identity verification for its gaming platform
Cyprus – Casino and sportsbook platform provider Soft2Bet has partnered with global identity verification and authentication leader, Onfido, to provide secure and simplified identity verification for user onboarding. Onfido’s award-winning technology uses artificial intelligence (AI) and facial biometrics to verify users’ identities, providing a more convenient user experience for Soft2Bet customers while reducing fraud. The…
Cyprus – Parimatch integrates OKTO.CASH solution
OKTO has launched its OKTO.CASH in-app payment method in Cyprus with Parimatch. The fintech firm offers Parimatch players a new physical-to-digital payment method, allowing them to top-up their online gaming account with cash through any point of sale of OKTO’s partnering POS network in a safe, secure and fast way. OKTO.CASH is designed to deliver…
