Tag: iGaming

New gambling regulations in 2023 for Italy, Hungary, and Sweden - 1Stop Translations

New gambling regulations in 2023 for Italy, Hungary, and Sweden

Online gambling has always been strictly licensed all over the world. Global authorities have issued regulations for everything, from software development to marketing, so iGaming localisation can be a complicated task.

4 minutes – read

New gambling regulations in 2023 for Italy, Hungary, and Sweden - 1Stop Translations
New gambling regulations in 2023 for Italy, Hungary, and Sweden

Every iteration of your business must comply with the regulations of its location. Europe’s online gaming industry offers enormous promise, but that doesn’t make it easy to navigate. The continent might be considered a single state in economic terms, yet every EU nation has its own casino legislations.

Fortunately, the world is gradually developing a clearer and more accessible regulatory environment for gambling operators. Let’s take a look at three EU countries who are changing the law.

Italy extends online gambling licences in the iGaming sector

Gambling addiction is a serious problem amongst Italian players; therefore, the authorities are paring back the sector. Italy has always had strict regulations for sports wagers and online gambling, but the government is shaking up its approach to make room for the iGaming sector. Licenses will be extended until December 2023.

Parliament has also extended remote gaming, betting, and bingo licenses until the close of 2024, making this the perfect time for iGaming localisation. As you reassess the Italian leg of your casino, you’ll need to fit into the local licensing regime, which has only 40 licenses on offer. Still, Italians are enthusiastic gamers, so all those iGaming translations and licenses are well worth seeking out.

Italy extends online gambling licences in the iGaming sector - 1Stop Translations
Gambling addiction is a serious problem amongst Italian players; therefore, the authorities are paring back the sector

Online gambling law in Hungary

Hungary’s iGaming sector requires all online and land-based casinos to hold a concession licence. The government has cleared room for online sports betting operators to enter the market in the European Economic Area.

Its new 2022 gambling act relies on a multi-licensing model controlled by the Supervisory Authority of Regulatory Affairs. Applicants are required to have a minimum of five years’ experience in a different EEA nation, so you might have to wait a few years before launching your localisation project.

Hungary’s new regulation widens the market for iGaming content services. Casinos can now find provisions for a wider array of games, including horserace betting and online cards. Sports betting operators can at last find an audience on Hungarian soil. The new licence covers a five-year period, but the small print has yet to be finalised. Operators can expect a more comprehensive set of regulations in the coming months, but they can begin iterating their localisation strategy.

New gambling regulations in Sweden

In 2022 Sweden’s government proposed a robust new gambling regulation to protect gamers and create a more sustainable gaming industry. Online casino licences and software licences will be available from July 2023. Regulators will be issuing an initial batch of 70 licences as it bolsters the laws against advertising as an unlicensed operator.

The government has also removed the need for permits for entertainment games like LANs and pinball. If you’re in the midst of your iGaming translations, bear in mind that it’s against the law for foreign casinos to advertise to Swedish gamers. That adds a significant challenge to your localisation efforts, but you can overcome it by leaning into your global advertising campaign.

New gambling regulations in Sweden - 1Stop Translations
In 2022 Sweden’s government proposed a robust new gambling regulation to protect gamers and create a more sustainable gaming industry

How to localise your online casino by jurisdiction

Jurisdictions are some of the most important and far-reaching components of the localisation process. Handle them poorly, and you could end up with a hefty fine or even have your entire enterprise shut down. Online gaming environments are required to fit in with the licensing requirements and regulations of the country they’re operating in, which is no easy task. It requires an in-depth grasp of local laws, which are rarely static.

Your localisation process must reassess the market every time a regulation is added. This is an infinite process that should be handled by someone who is proficient in both the practice of law and the applications for licensing.

Every operator needs to study the market they’re about to enter. Fail to achieve that, and you might spend a fortune launching in a jurisdiction that’s too expensive to operate in. Before you even consider an offshore launch, you’ll need to assess all the costs involved in licensing. You can make the process easier by keeping a pack of frequently-required documents for licensing authorities. That way, you can scale faster and more efficiently.

Crypto Gambling Regulations in Europe
Credit: casinosblockchain.io

Choosing your localisation options

Some locations are easier to localise than others. The liberal laws of the UK, Gibraltar, and Costa Rica are primed for casino owners who have never localised before. They have regulatory bodies who can answer your questions and an easy tax environment to adapt to. If you’ve never launched on foreign soil before, it might be best to hire a professional company to handle your iGaming content services on your behalf.

Europe is home to several different gambling jurisdictions, and not all of them are EU members. Some countries operate independently, so your localisation needs to be handled one country at a time. 2022 was a significant year for digital casinos. Nations all across the EU created new legislative bills and regulations to open up the sector to foreign operators while still cutting down on addictive gaming.

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How Artificial Intelligence is revolutionising the iGaming sector- 1Stop Translations

How Artificial Intelligence is revolutionising the iGaming sector

2022 will be hailed as the year Artificial Intelligence revolutionised the world. When ChatGPT was launched in November, it forever changed the way the public works with machine learning. The industry is expected to be worth $1.5 trillion by the time 2023 draws to a close.

5 minutes – read

How Artificial Intelligence is revolutionising the iGaming sector- 1Stop Translations
How Artificial Intelligence is revolutionising the iGaming sector

Demand is skyrocketing thanks to AI’s ability to imitate humans more precisely than ever before. Tomorrow’s gambling sites will have an entire bot army to enhance every area of business management.

Machine learning is making online casinos safer for users and more efficient for iGaming leaders. It can perform several core human tasks, so almost every aspect of gaming can benefit.

AI and security in online casinos

Nearly 77% of all 2020 DDoS attacks were directed at online casinos and financial institutions, but bots can help. Machine learning systems work across massive data sets, even those that pertain to fraudulent activities. It can detect banned players with facial recognition technology or IP addresses, but it can also detect new fraudsters and money launderers according to their behaviour. It can pick up the habits of data-gathering gangs and prevent the phishing campaigns that follow. Bots can learn and evolve without human interaction, so it gets more effective every day.

Cheating players were the bugbear of casinos long before they ever moved online, but their days are numbered. Machine learning can leverage geolocation to keep illegal users out while identifying suspicious behaviour that might indicate cheating. Once it has detected unethical players, it can send out reports to site administrators or block the problematic user independently. AL-ML-based software can observe every user in minute detail, creating huge swathes of data to fuel better cheating detection in the future. Human supervision is no longer required to achieve safe gaming ecosystems, so staffing has never been more economical.

AI and Security in Online Casinos - 1Stop Translations
Computer vision has multiplied iGaming data a hundred-fold

Machine learning can harvest a veritable treasure trove of data, offering a level of analytics that has never been available before. Computer vision has multiplied iGaming data a hundred-fold. This means casinos can anticipate their users’ behaviour in any scenario, from the choices they make at slots to the trends that trigger their purchases.

Deep learning can even create models to interpret images and video clips. Player trajectories can be analysed to determine when users are likely to go offline, lay a bet, or recharge their accounts. Real-time technologies provide up-to-the-minute data, which means gaming sites can adjust the second a player changes their behaviour. This allows casinos to improve user engagement while pushing up profits. Esports technologies have just been patented as well, so bots will soon be creating their own odds models for betting tournaments.

Artificial Intelligence and gambling addiction

Machine learning plays a core role in developing safer gambling environments. It can establish risk by detecting unhealthy gaming patterns long before serious damage is suffered. In the coming months, machine learning will be able to develop safety nets for addictive players in online casinos, even if they haven’t self-excluded.

Today’s technologies can evaluate a range of risk factors. If a user starts to bet erratically or adopts a new iGaming schedule, the data can be added to a risk assessment profile that can ultimately identify a burgeoning addiction. Artificial Intelligence can assess a number of other variables on the Problem Gambling Severity Index.

Addictive gamers tend to lose more money per session and deposit more often. They deplete their accounts faster and experience more harm. While these data sets are still relevant, machine learning will eventually identify addictive habits that humans haven’t learned about yet. Studies have shown that machine learning can identify addictive gaming habits more accurately than the addicts themselves, so it can provide crucial support for self-reporting tools.

Can Artificial Intelligence Help You Win at Gambling? - 1Stop Translations
Machine learning plays a core role in developing safer gambling environments

Can AI help you win at gambling?

Not all machine learning is being harnessed for good. Online algorithms can prevent cheating, but they can also be used to help gamblers to increase the frequency and value of their winnings. Cheaters have the power to beat the house using the very technology that’s supposed to be keeping casinos safe from fraud. Fortunately, bots can prevent cheaters by detecting automated patterns and malicious play. Fraud detection is a crucial part of safe gambling practices. It can learn the behaviours of individual players and bots alike, protecting house odds automatically.

Online gambling generates an enormous amount of revenue, so it’s a natural target for all kinds of crooks. Users are constantly looking for new ways to beat the house, and fraudsters are always waiting in the wings in the hope that they can earn some revenue of their own through nefarious means. Artificial intelligence can overcome these challenges while simultaneously reducing casino overheads. It will also provide a constant stream of in-depth information about user behaviour. Any strategist worth their salt will treat that data as an opportunity to widen the gap between expenses and profits.

AI and Gambling Addiction - 1Stop Translations
Online algorithms can prevent cheating, but they can also be used to help gamblers to increase the frequency and value of their winnings

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The Importance of Genre-Specific iGaming Localization - 1Stop Translations

The importance of genre-specific iGaming localization

The iGaming industry has carved out a unique place for itself in the world. Every genre has its own passionate subculture, and it often exists on the periphery of mainstream culture. This makes iGaming localization as challenging as it is important.

4 minutes – read

The Importance of Genre-Specific iGaming Localization - 1Stop Translations
iGaming translations must incorporate the precise language of their iGaming niche

Every gaming niche comes with its own unique collection of habits, jargon, and values, so ordinary translation simply won’t do. iGaming translations must incorporate the precise language of their iGaming niche, not just from genre to genre, but country to country as well.

Working with genre-specific iGaming translations

iGaming enthusiasts are a passionate demographic with their own terms and strategies.

  • In blackjack, there are bust cards, double downs, and hard hands.
  • In poker, there are antes, rivers, and checks.
  • In eSports, there are AET odds and ante-posts.
  • In slot games, antes are more likely to be called bets.

The moment your iGaming translations use Blackjack jargon in Baccarat games or sports betting terms on slot pages, your brand loses its credibility. Your attempt to localize will fail as your captive audience moves on to a site that truly understands their gaming pursuits. In effect, you must translate both mainstream language and gambling culture, so your translation company must have a working knowledge of their demographic. In short, a native speaker can’t localize your site without comprehensive knowledge of every gaming niche.

iGaming translations can scale your business across national borders at a rapid pace, but every new territory must be thoroughly localized. Effective iGaming localization will drive your profit goals by connecting with gamers on a deeper level.

iGaming Localization - 1Stop Translations
iGaming translations can scale your business across national borders at a rapid pace

The benefits of iGaming localization

The online casino industry is soaring on a global scale. It’s become a US$63 billion market that’s expected to grow by almost 12% per year until 2030. The USA represents only the second- largest online casino industry in the world, so English can only take you so far. China, Japan, and South Korea occupy top spots in terms of online casino revenue, so if you localize to the top 10 nations on earth, you can access 80% of global iGaming revenue. That’s a massive chunk of the market.

As a remote industry, online casinos can cross any border and absorb any nation, so iGaming localization has become a key marker for success. Players are less likely to play a game if its language is unfamiliar, but substandard iGaming content services can do more harm than good.

Sloppy translations not only create distance between you and your users, but also destroy your brand integrity. They look unprofessional and can even breed distrust. If you want to gain a loyal, long-term user base, iGaming specialised translations are the only way to succeed . If you’re fully prepared when you scale into a new country, you’ll reap the benefits of early hype and add oomph to your audience retention numbers.

iGaming specialised translations are the only way to succeed - 1Stop Translations
iGaming specialised translations are the only way to succeed

Translation differences for iGaming sectors

iGaming genres like Baccarat and Hold’em are complex and challenging. They often take an hour to learn and a lifetime to master. As new players enter the market, they rely on your localized site to educate themselves. Game-specific terminology gives players a way to communicate, connect, and learn.

For example, you can’t understand Texas Hold’em unless you know the psychological effects of a “bad beat.” You can’t adjust your strategy unless you know what a blind is, and you can’t play at all unless you know what a flush or full house looks like. Baccarat and Texas Hold-em might both use the term “burn cards” but their betting terminologies are completely different.

These terms will need to be integrated into your design and user experience or the game will become completely unplayable. Your game mechanics will become impossible to understand, and your users will have negative gaming experiences. These principles apply to every niche in the industry from sportsbook translations to slots design. iGaming content services are thus highly specialized. Your language modification professionals must be fans with first-hand knowledge of their sector. As with all forms of translation, it’s best to hire native speakers who are experts in their niche.

Translation Differences for iGaming Sectors - 1Stop Translations
Find the right betting terminologies to increase your market share

Localization versus translation

Online casinos must adjust to their audience preferences before they even enter the market. If your user numbers drop below a particular threshold, your captive gamers won’t be able to find rivals and your ambitious attempt to scale will fail, so you only get one chance to succeed.

Mainstream translation cannot address the complexity of the gaming sector, but localization takes it a step further. It requires absolute immersion in the gaming industry so that terminology is up-to-date with local language trends. The best solutions for iGaming growth involve understanding the gamer as well as the game. If your casino translations are done by gamers who are passionate about gaming intricacies, you’ll have no trouble holding onto your user base. Speak with us about your iGaming translations today!

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How to use iGaming localization to increase your market share - 1Stop Translations

How to use iGaming localization to increase your market share

The global iGaming industry was valued at almost 60 billion USD in 2021. That number is expected to grow to $145 billion by 2030, but it becomes less impressive when you break the industry into localized chunks. The US iGaming market produced just $5 billion, so no developer can afford to approach their profits on a national level. It would cut your revenue in half as well as expose you to liability.

4 minutes – read

How to use iGaming localization to increase your market share - 1Stop Translations
iGaming localization entails adapting your games and terms of use to a specific state or country

Understanding iGaming localization

At its simplest, iGaming localization entails adapting your games and terms of use to a specific state or country. The process allows you to seamlessly move into a new region without losing your captive audience. iGaming translations are certainly a crucial part of this process, but a simple translation isn’t enough on its own. iGaming localization covers a far broader scope, including:

• Cultural adjustments
• Graphics and character design
• Local regulations and laws
• Technical compatibility
• Ethical standards

iGaming services will raise your revenue, increase player engagement, and improve your customer service standards. More importantly, it will keep you compliant with the regulations of each nation you operate in.

Localizing regulations

The iGaming industry is exposed to thousands of complicated regulations that vary across the globe. Every time you cross a border, you must adapt to an entirely new set of laws. In Ohio, gamers must be 21 years old, whereas many European countries have banned iGaming entirely. Online casinos are illegal in Australia (only sports betting and lotteries are allowed), while New Zealand permits casinos to operate as long as they follow the national gambling regulations.

If you’re going to offer your iGaming services to a new nation, your app or site will need to adapt to that region’s laws. Professional translations for iGaming might be integral to your success, but if you don’t comply with local regulations you r site will sink before your potential user base ever creates an account.

How to use iGaming localization to increase your market share - 1Stop Translations
If you’re going to offer your iGaming services to a new nation, your app or site will need to adapt to that region’s laws

Professional translations for iGaming localizations

iGaming translations are the first and most overt step in localization, but that doesn’t mean they’re easy to do. This isn’t something a simple automated translation service can handle. You’ll need to translate your terms of use, descriptions, keywords, and logos.

Your user interface and technical documentation will need just as much attention. You might even need to change the name of your casino, so a little marketing expertise will greatly enrich your professional translations for iGaming.

Culture and iGaming localization

Your players won’t stay if they can’t relate to your themes and characters. You only get one chance at a successful first impression, so your customer retention rates need to be at their highest the moment you launch. An iGaming localization service will assess your cultural references and character design to ensure that they meld seamlessly into the new landscape.

Every country has its own cultural sensitivities. Localization will ensure that your site doesn’t offend your new user base or break foreign laws. At the end of this stage, your iGaming services will maintain their tone and intent without distancing their users.

This stage of iGaming localization requires a profound understanding of your target market’s habits, dialects, and values. It also requires an entirely new definition of your target demographic. If your new users are avid slot machine players with little interest in poker, it doesn’t pay to make Texas Hold’em the most dominant game in your casino.

How to use iGaming localization to increase your market share - 1Stop Translations
An iGaming localization service will assess your cultural references and character design to ensure that they meld seamlessly into the new landscape

Technical compatibility

Mobile penetration is at an all-time high, but in countries like India and Nigeria, only 20 – 30% of residents own a smartphone. Localization will modify your code and graphics to your new biome so that you can grab a larger market share. You might need to develop a browser-based casino or adapt to a larger iOS user base. Your graphics might need to be simplified, and your code may need adjustment.

Using the wrong keyboard can mess up your commands, so your input problems will need to be assessed. This is a complex and challenging process, but every time you widen your technical compatibility, your foreign potential increases exponentially.

Linguistic quality assurance

Mobile game translations will refine your adjustments through linguistic quality assurance, which must be carried out by native human editors. During this stage, workers will perform linguistic testing and UX evaluation. They will also test platform compliance and overlong strings.

Corrupted or misleading codes will be smoothed away, and numeric formats will be checked. iGaming localization is an incremental process, but you can make it easier by:

• Creating a clear timeline and budget
• Writing your code strings in a way that’s easy to translate
• Hiring linguistic professionals
• Using culturally-sensitive themes and symbols
• Creating a content style guide to improve your consistency

iGaming is captivating audiences all over the world. Its immersive powers have turned it into a global revolution, but you’ll lose a player every time you expose your foreigner status. Localization allows you to introduce your product at its best, no matter the cultural differences.

How to use iGaming localization to increase your market share - 1Stop Translations
Mobile game translations will refine your adjustments through linguistic quality assurance, which must be carried out by native human editors

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NFTs Marketing - 1Stop Translations

The blockchain & NFTs: game-changing technologies

In recent years we have witnessed impressive technological acceleration, bringing to light two pioneering development tools, not only from the point of view of innovation, but also from a marketing and communication perspective. Let’s talk about the blockchain and the logical next step in its evolution: NFTs.

What’s the blockchain?

The blockchain can be defined as a shared and immutable data structure, a sort of digital register whose entries are grouped into “blocks” secured by cryptographic keys. The benefit of using this structure is strong security and immutability: nothing and no one can modify or delete the content of the data, unless they decide to break down the entire system completely (which is highly unlikely).

Therefore, the blockchain is considered a valid alternative – in terms of security, reliability, transparency and costs – to databases managed centrally by recognised authorities (public administrations, banks, insurance companies, payment intermediaries).

Any operation requiring official and verifiable validation can exploit the blockchain as a means of attestation (it could, for instance, completely replace the work performed by notaries).

The blockchain & NFTs – Ethereum

What are NFTs?

Interest in Non-Fungible Tokens, or NFTs, has greatly increased in recent years. We previously addressed NFTs in one of our earlier articles (click here to refresh your knowledge).

The NFT “bubble”

The data provided by the various exchange platforms such as OpenSea, or by eWallet sites such as Coinbase, is eloquent: the fever for NFTs for their own sake is officially over, and the bubble seems to have burst.

In fact, the NFT boom, fashion or trend seem to have started fading in February 2022, when the flow of investments in the sector decreased suddenly and dramatically, up to ten times less than in previous months.

The blockchain & NFTs - Bored Ape
The blockchain & NFTs – Bored Ape

Bored Ape and its peers – digital images with no ulterior motive and valued as works of art – seem to no longer interest the public as before, when a single item could cost around €60-70,000.

Now that the market has stabilised, the time has come to ask ourselves the fateful questions: what markets will leverage NFT technology beyond those closely related to the blockchain? What aspects of the blockchain are applied to existing, consolidated businesses?

Applications for NFTs and the blockchain in various markets

Currently, the industry most interested in these tools is iGaming. We’re witnessing the birth of entire gaming platforms based on the blockchain, where each bet is validated through the response of the network nodes, where it’s possible to deposit and withdraw various cryptocurrencies, and even convert NFTs to gaming credits.

If you have an online business and are looking for a new marketing tool to increase the size of your customer base, you may want to consider blockchain and NFTs. Contact us for a free quote today.

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