Gambling experience is safer with two new online services

The online gaming industry has enriched itself with two new services that will make the gambling experience safer and more secure.

Let’s first talk about the “Safe Gaming System” (SGS). This is a new service designed to protect players against excessive gaming. It is based on the principle of external control corroborated with player’s will power. In fact, SGS is conceived on a dual approach. It assists players on gaming sites, establishing affordable spending limits. These are established in advance and “away from the atmosphere of a gambling venue”, which will allow players to think rationally.

In the second stage, SGS also provides a mechanism for financing accounts at online casinos. Players charge their SGS account in the limit of their budget and on a pre-established period. Then, they will deposit money at online casinos using a debit card issued by SGS. Once players run out their “affordable limits,” SGS will not accept any more money from them during the “current budget period”.

The other service was created by ImpulsePay and its role is to verify the player’s age. That’s how it works: once an online casino uses this service, it displays a “Buy Now” button on its website. The player has to click on the image and enter his mobile number. He then receives a secure PIN by SMS and after introducing the code on the site, the casino is informed if the phone number is assigned to an adult user. If it results that the player is minor, he will be redirected to a help page. Otherwise, the process is completed and the casino allows player to register.

Both services have just been advertised and are not yet integrated into the online casino industry.

Playtech shares go down

In a tough economic context, Playtech, the leading developer of online casino has not been spared the financial storm that shook all economic fields. The online gambling environment is also suffering from the slump and this is obvious in the stock market prices. Thus, Teddy Sagi group saw its shares falter. The software designer annual stock profit will be lower than estimated. Playtech shares have fallen by 25% of its value.

This disturbing findings are partly explained by the unfavorable environment for gaming, either live or online. In addition, the stock price collapse comes from the Playtech joint venture with the bookmaker William Hill Online. Despite the latest figures, Playtech has seen its shares price growing during the first half of 2009. However, the forecast for the end of the year are not so optimistic. Analysts say the results should be between 49 and 52 million euros instead of 55 million euros expected.

These gloomy financial expectations are unprecedented for Playetch. The company is a leader on its market and develops software for online casinos, poker rooms and sporting bet sites. It provides the software of online casinos and poker sites as that of Euro Partners Group – Casino Tropez, Casino Bellini, Vegas Red, Titan Poker, Affiliates United, with Prestige Casino and 32 Vegas, Party Gaming, Las Vegas Casino, Swiss Casino, Casino MagicBox, Poker770.