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Elray Gaming has ambitious deployment plans

Monday August 26,2013 : BETTEK SIGNS UP ELRAY FOR VIRTUAL HORSE RACING
 
Elray Gaming has ambitious deployment plans
 
Elray Gaming has inked a deal for the provision of virtual horse racing facilities with BetTek SIMTV.
 
Elray will deploy the server-based product direct to consumers, and will also use it in building white label networked products for companies that already own and operate online gaming products, casinos and sports betting facilities.
 
The SIMTV betting engine has three options which include fixed odds, sliding fixed odds and pari-mutuel, enabling worldwide deployment with regional preferences.
 
Betting can be accepted as soon as the race is posted, up to 7 days in advance. All betting is closed 10 seconds prior to race start at which time the system calculates the result rendering files and sends the animation file to the viewer for the virtual race action, thus eliminating the risk of tampering with odds or pay-outs.
 
Special security measures are incorporated in the system to give maximum safety and prevent the use of bots, and the system tracks every bet transaction for each user in "cash" or "play for fun" mode that can be viewed by the player from the web page, or by the operators from the call centre module.
 
Brian Goodman, the CEO of Elray Gaming said Monday:
 
"This is a valuable and unique product and there is no doubt that the product will be embraced by social gamers, online casino players, kiosk operators and sports betting operators.
 
"SIMTV has created a real-time virtual world strictly focused on a horse racing betting platform. For either cash bets in areas where available, or as 'play for fun' mode, we feel this product could become very popular among horse racing enthusiasts. In addition to development, we will seek out current holders of land-based horse track racing licenses to partner with, and if possible this could be a virtual racing game in betting parlours, or bars."

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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