EDIT - one week after i posted this, Britain's most successful hedge fund manager Michael Platt has taken a 6.5% stake
tl;dr
At-NAV new SPAC with world-leading expertise in online gambling. Worth a bet on potential to be next DKNG on the hype train
   
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Hi all - have had a lot of great tips from this sub. Hopefully this pays some of you back. I have been watching and researching this since 23 December when it first filed S1, awaiting the units to be listed - they are available today trading as ADERU
Positions - 500 units @ 10.42 to start. Will be monitoring and building position below $15, especially if attention starts to build ahead of units and warrants splitting and shares coming available to Robinhood.
(My other SPAC positions are OPEN, IPO-E-F, PSTH, FUSE, PIPP, ACTC, CCIV and DMYD, 100 to 1000 shares each mostly around NAV and numerous warrants and options around these.)
As ever, this is not investment advice and do your own research
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26 Capital Acquisition Corp or ADER
is a 240m SPAC with usual terms - 10$ units, 1/2 warrants. Seeking a merger in "gaming and gaming technology, branded consumer, lodging and entertainment, and Internet commerce sectors".
I think this is highly worth a play on the online gambling hype if you can get in at near NAV, based entirely on the management which is unbeatable in its knowledge of the gambling industry
   
CEO Jason Ader
has held director level positions at Las Vegas Sands Corp. ($42bn one of biggest casino groups in world), IGT (£3.72bn multinational gambling firm specialised in software and slot machines) and Playtech (£1.4bn multinational gambling software firm)
Before starting his own fund in 2013 he was regularly ranked Wall Street's top analyst on the gambling and leisure sector
His fund, Spring Owl Capital, is a small activist fund focused on gambling and leisure. They are probably most famous for ousting the CEO of Viacom in 2016 and a crusade against Yahoo CEO Marissa Meyer in 2015.
Ader knows the gambling - and online gambling - industry inside out. He drove bWin to a £1.1bn takeover by gambling giant GVC (now Entain) in 2016, and has been driving similar change and demands for improvement at board level at Playtech
The fund mostly manages money for a select group of wealthy families, which could be a positive sign for the SPAC (although I don't know how much skin in the SPAC the fund has, if any)
Here is a video of Ader from November talking about how he's excited about SPACs. He talks about how he has been advising certain States about legalising sports betting and how to maximise value and liquidity by linking up with European companies in the space (Playtech e.g.??).
Ader is extremely bullish on US legalising online casino and more sports betting options, accelerated by need for revenue because of pandemic
   
Rafi Ashkenazi
One of the most highly respected names in the online gambling world, including COO and CEO positions at major online gambling firms such as Playtech and Stars Group (a world leader in online poker and casino). At Stars he led the $4.7bn takeover of Sky Betting to create the world's largest publicly listed online betting firm in 2018. Most recently he led the £10bn merger between Flutter (biggest gambling company in world by revenue, market cap £26bn), and Stars Group (Ader also involved). Also has connections into the booming Israel tech space which is interesting
   
Joseph Kaminkow
Special Advisor to the Chief Product Officer at Aristocrat, a leading gambling software provider and games publisher, previously Vice President of Game Design at Zynga Inc. This guy is a former video game / pinball designer who is credited with revolutionising the slots industry after moving into gambling software from video games in 1999. Regarded as a "legend" and "hall of famer" in this niche. At Zynga he designed so-called 'social casino games' which don't involve real-money gambling but are otherwise basically gambling apps (revenue from microtransactions etc). 130 patents on gambling/gaming design inventions
   
Greg Lyss
This is a very interesting but extremely low profile person. He was Bill Ackman a.k.a SPACman's right hand man at Gotham Capital. Ackman respected him so much that when Ackman set up a personal hedge fund to invest the Ackman family's money, he put Lyss in charge of it. To repeat - Bill Ackman thinks this guy is such a good investor and trustworthy that he put him in charge of investing his family's money. Don't know anything more about him, but I like this association with Ackman, which suggests to me some integrity around management of this SPAC, especially as the gambling world can be very murky.
The other member of the team is the CFO of SpringOwl with 20+ years' hedge fund experience and not notable (although clearly competent)
   
Thesis / potential targets
Based on the above experience and many public comments by Ader over the past year, I would be very surprised if ADER is not looking to merge with an online gambling technology provider / existing online betting website / social casino app / possibly a supporting technology provider
They are activist inventors, and specifically say in the IPO prospectus that they could look for businesses that can benefit from turnaround or are not being run well. I speculate that their deep knowledge of the European / global online gambling industry means they have a target in mind that they think would benefit from their expertise and US liberalisation of gambling legislation.
   
1) Ader believes the listing of UK-listed gambling companies in US is immediately big in terms of market cap because of the premium on online gambling stocks in US. He has pitched DraftKings to takeover Playtech and called on Playtech to spin off non-core business. This makes me wonder if he would spin off some element of Playtech to list in US to cash in on gambling hype.
This might be Finalto.com / TradeTech which is an online financial platform owned by Playtech. Playtech has been trying to sell this for 200 - 240m since August so it fits. This company provides liquidity and trading to brokerages and runs markets.com a trading site. I wouldn't be that excited although apparently the business has been booming during COVID and there could be a decent pop just on fintech hype.
   
2) This could be a 'picks and shovel' type data/B2B betting software play a la DMYD, or something like e.g. Israel based CRM software Optimove which works with some of biggest online gambling cos and has links to Ashkenazi. This would be interesting but probably not a huge pop
   
3) Possibly - given Ader's links to Sands - an online gambling tie-up with one of the big Vegas casinos who are desperate to get into the online betting space (see MGM's attempt to buy Entain for $8bn last week). Interestingly, Sands' owner Sheldon Adelson, previously a major opponent of online betting, has just died. Ader predicted a few months ago that Sands would be moving in this direction.

“There’s no stopping online gaming,” Ader said [before Adelson's death]. “(Las Vegas Sands’) initiatives to stop online gaming, at this stage, are largely historic. There hasn’t been a lot of spending recently to do that, especially post-pandemic.”
“I think the company will see the value created by DraftKings and FanDuel and Penn (National) Gaming and others. They’re not foolish,” Ader added. source

   
4) Ader is very confident that Macau will legalise online gambling in next year or two. Sands is big in Macau, the biggest gambling market in the world. A SaaS-type product positioned to capitalise on Asian gambling would be MASSIVE - at present however, China's attitude to gambling and local regulations mean this is unlikely
   
5) I also wonder if they might try to take legitimate one of the offshore bookmakers with big customer databases and brand recognition but which have been grey-area/illegal under US gaming legislation. For example, Five Dimes recently announced a settlement with the FBI to attempt to transition into newly legalised US markets. This might have the most hype potential
   
Potential upside
This is entirely a play on management experience and the meme factor / hype around online gambling in the US. I think if they pick a good target - which given their experience and connections seems likely - and get the right publicity and attention from retail investors looking for the next DKNG this could easily 3x and maybe 5-6x if on DKNG-type hype levels.
There is currently little spotlight on this and it is a good time to get in at NAV
   
Potential Downside

• Ader has been vocal that he thinks US online betting is overvalued and in a bubble - why is he starting his own SPAC in the space then? Does he just want to cash in while the hype is at all-time high or does he have a legitimate business goal?
  
• If he just wants to dump a part of Playtech which he does not like onto retail investors, this is a bad deal.
  
• Other targets could be e.g. hotel industry or other leisure sector which would be zero sexiness to retail. Given Ashkenazi and Kaminkow's background this seems unlikely though
  
• Usual SPAC caveats apply about potential difficulty finding a target, locking up your money for unspecified period of time, and the fact I may have completely misread the potential and my above thesis might be totally wrong
  

-Golden Matrix, a B2B gaming and sports betting software platform provider with a turn key solution to all customer needs for successfully operating and maintaining an online gaming/sports betting website.
-Golden Matrix has recently filed an application for a Nasdaq Capital Markets Uplist with approval pending.
-Golden Matrix and Playtech announced a collaboration agreement that has just kicked off this month including GMGI's all new Esports & Peer2P apps.
-Golden Matrix reached an agreement with Amelco Gaming to distribute Amelco's leading international sports betting software white labeled in the APAC Region.
-Knutsson Holdings Invests $5M with GMGI purchasing 1 Million shares at $5.00 each.
What is Golden Matrix?
Golden Matrix Group GMGI is a very unique part of the online gambling industry that doesn't get much recognition compared to the actual sports betting companies and casinos, such as Draftkings DKNG or BetMGM. Draftkings for an example is a front-end operator Business to Consumer (B2C), they are what the consumer sees on the app. Where on the other hand, GMGI is the back-end white labeled software platform, Business to Business (B2B). GMGI has everything provided to convert a land based brick and mortar casino to an online casino, including everything from data analytics, games, game management, payment gateways, currencies, languages, 24/7 tech support and more. So what I'm trying to say is Golden Matrix has everything required to setup an online casino or sports betting application. With what's going on in the world today, an online presence is a must. So this is how GMGI and GAN type companies differ from the rest of the online gaming world, as their work is mainly behind the curtains, but are needed in order to run an online casino or sport betting platform.
Seeing Golden Matrix is not a front-end B2C retail casino, they do not have to pay hundreds of thousands or even millions to advertise. As a matter of fact they don't have to pay anything, which in turn keeps the operating expenses nice and low. They make their money by setting up operators at no cost and make their money licensing the front-end casinos, usage, and providing services. It's much more low key, and they don't have to be the bank like all the front end companies such as Draftkings, BetMGM, Bet365, etc...
Continuous Revenue Growth
Here's a brief summary on Golden Matrix's more recent growth. Just since last January (2020) they have grown their operators (Casinos) from 150 to 457 of them today, a 205% Increase, and Registered End Users from 1.5M to 3.9M today, a 160% Increase in the same time frame. Those numbers to me show solid company growth, and the quarterly financials reflected from this growth as Q1 Revenues were $882K, Q2 $1.04M, Q3 $1.49M, and Q4 is expected to exceed $1.7M as quoted by Golden Matrix. Those quarterlies show me that they have grown their revenues by nearly double in the year 2020. I'm expecting these revenues for last year will total approximately $5.1M+ and can do another easy double in 2021 if not more $10.2M+ On top of all this solid core growth GMGI has also been able to maintain profitability for the past nine consecutive quarters, while growing out their top end numbers. The gross profit last quarter (Q3) was 58% and the net income was only roughly $40K. In my opinion this is a good thing considering the competition GAN who trades in the Nasdaq, lost $4.1M during that same third quarter. Profit is profit, which is an complete rarity in this sector. I'm looking forward to seeing the Q4 numbers on or before the March 15th 2021 deadline.
Nasdaq Capital Markets
Golden Matrix filed an application to uplist onto the Nasdaq Capital Markets on August 27th 2020, and are still currently pending approval as it seems to be a very complicated and tedious task jumping all the way from OTC Pink Sheets to Nasdaq. Us GMGI long shareholders have seen many tasks from the company performed over the past 5+ months that come out in 8K filings, such as amending financial reports to Nasdaq formatting, and even creating a audit committee to meet qualifications just as of last week (01-26-21). As for now Golden Matrix is still a hidden gem as much of Wall Street doesn't know about GMGI or can't trade GMGI due to many buying restrictions. I think soon this will change and no longer be hidden with the arrival of up list.
Playtech and Golden Matrix Deals
Playtech and Golden Matrix went began a collaboration agreement around the end of November 2020 that is set to kickoff sometime this month (February). You can find this easily under recent GMGI news right on the company website. What the deal consists of is beneficial to both of them, as Golden Matrix newly designed and built a Esports betting app, Peer2P Betting Games, and a new Artificial Intelligence System (AI-X). Golden Matrix is letting Playtech PTEC.L use and distribute these applications and software exclusively to all of their new and future customers. Playtech is a market leader when it comes to gaming software and technology. Playtech granted non exclusive rights to distribute their most popular games including live dealer games, slots, table games, bingo, and poker to Golden Matrix's 450+ current operators throughout their APAC Region territories. This deal will be very beneficial for Golden Matrix as their foot print will reach the U.S. and European territories through Playtech, who is all over the world, and some states in the U.S. including very popular New Jersey. I expect we may see a significant increase in the top and bottom line growth for Golden Matrix through this significant collaboration deal.
Amelco Sports Betting Distribution Deal
One more recent larger deal was made with Amelco who's out of England U.K. and basically it gives Golden Matrix distribution rights of their premium sports betting software platform where they will offer it throughout their territories in the APAC Region to their 450+ Operators and future ones as well. I think this is a major deal because they will now become a stronger company by providing both Igaming and Sports Betting software vs just having igaming alone. I think this will not only attract more usage from the current 457+ operators and 3.9M end users, but will also have more future operators wanting to do new business with Golden Matrix being a dual distributor of both Igaming and Sports Betting. More customers equals more revenues, which is what we all want to see from any good growing company.
GMGI Obtained a European Gaming License
Golden Matrix recently acquired a Alderney Gaming License in which their CEO Brian Goodman sold to the company though another privately owned company that was holding this license. He sold this license at cost to Golden Matrix. From my understanding there's many benefits to owning this license, and it's not easy to obtain. Playtech their newly partner also holds this same gaming license, along with many other big name casinos. It seems as if GMGI will be expanding from just the APAC Region alone, and now into the European Region as well. Us shareholders didn't receive a lot info on the exact game plan, but it sounds like some expansion into the European Region. I'm looking forward to hearing more about their game plan hopefully in the near future. Europe is the largest gambling market in the whole world, and right under it is the Asia Pacific Region. Let's see what this European Alderney Gaming License has in store for us in the near future.
$5 Million Equity Investment
Just last week Golden Matrix announced they received a $5M equity investment from a strategic Swedish based gaming investor Knutsson Holdings AB. They purchased one million units which consists of 1M restricted shares at $5.00 USD each, and a warrant with a exercise price of $6.00 a share. They only can exercise the warrants once the GMGI share price exceeds $10 a share for a minimum of 10 consecutive trading days. This was all announced when we were trading around $5.50 a share and will only only dilute the outstanding share count from 21.7M shares to 22.7M shares (4.4%) which is minor. This deal brought me that much more confidence in GMGI, because not only did this investment firm valuate the company currently over $5 a share, but they know its worth more as they have been around the block dealing with gaming companies since 1963 (50+ years). They are also the largest shareholder of popular company NETENT who was recently acquired by Evolution Gaming, and are invested in many other gaming companies. Check them out. This deal puts GMGI outstanding shares to 22.7M with a super low share float that's under 12M shares and a low market cap around $116M USD while currently trading in the low $5 a share price range. Ask yourself this one question, if Knutsson Holdings doesn't even get to purchase their other 1M shares for $6M until the price exceeds $10 a share, don't you think they have good confidence GMGI will surpass this price in the near future? I very well believe so, as they have solid growth, and many new business deals into play for this Quarter (Q1) and beyond.
Possible Acquisitions On The Horizon
I personally have very high expectations for Golden Matrix this year including a up list approval onto the Nasdaq Capital Markets Exchange, major new revenue growth from the partnerships mentioned earlier, and of course building their core business stronger then ever. Also if you checkout all the last dozen press releases from the company, the CEO has mentioned several soon to be announced partnerships and possible synergistic acquisitions many times. Now with Golden Matrix sitting on a pile of cash on hand ($10M+) and staying profitable for the past nine consecutive quarters and counting, they could be in a great position to acquire something beneficial for the companies overall top and bottom line growth. I'm keeping my eyes peeled open short term to see what they do on their next move with $10M+ cash, no debt, and being cashflow positive, which is a rarity in this sector as most are bleeding millions of dollars in losses quarter after quarter! I believe with the current $116M Market Cap, 22.7M Outstanding shares, Low <12M share float and the anticipated future growth, this share price around $5.00 is undervalued and a true bargain BUY.
My Position
I hold a long position of GMGI here, and plan to continue holding for the next 3-5 years as the online gambling industry is expected to grow exponentially for quite some time with more and more legalization throughout the U.S. and many other locations. Online gambling will only continue to grow larger and larger yearly. Do some DD on GMGI and you may become a long shareholder like myself.
Note: All of the info provided above including financials can be found on the Golden Matrix website in the investors section.
WWW. GOLDENMATRIX .COM

I have been testing some Live Casino games and trying to stick with betting on odds that are above 50%. Like close to 70-80%. However, i still end up losing, particularly in the long run. Is there a way to explain this? I mean i could be falling to the low chances constantly (the 20-30%), but i am looking for scientific explanations of this phenomenon and also the idea that Casino games are designed so that the house always wins, particularly in the long term.
The games i am talking about are "Spin a Win", "Quantum Roulette Live", "Hi Lo", "Sicbo", and BlackJack mostly. Offered by Playtech software.

Team has been involved in a substantial number of the digital media, sports, entertainment, leisure and gaming industries’ most significant merger and acquisition transactions, holding key positions at, and transacting with Scientific Games Corp, Inspired Gaming Group, FOX Bets, Ocean Casino Resort, Resorts International Holdings, PokerStars, DraftKings, Mohegan Sun, Caesars Entertainment Corporation, Harrah’s Entertainment, Tropicana Entertainment, Inc., TSG/Sky Betting & Gaming, Facebook, Inc, Wynn Resorts, Dubai World/MGM Resorts
Here's all the Bios. These guys are stellar! TEKK closed at $10.30 today. Still cheap!
If you don't like to read... you don't like to make money!!!!
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Matthew Davey — Chief Executive Officer and Director
Mr. Davey has over 25 years of experience within the digital media, sports, entertainment, leisure and gaming ecosystems, as well as experience in the public sector. He is an experienced public company executive officer and board member. He has served in executive management positions across the gaming technology arena. Over the course of Mr. Davey’s career, he oversaw more than ten mergers and acquisitions and over $1.2 billion in debt and equity capital raised to support the companies he has led.
Most recently, Mr. Davey was Chief Executive Officer of SG Digital, the Digital Division of Scientific Games Corp. (“Scientific Games”) (Nasdaq: SGMS). SG Digital was established following the purchase by Scientific Games of NYX Gaming Group Limited (“NYX”) (formerly TSXV: NYX), where Mr. Davey served as Chief Executive Officer and Director. The NYX acquisition provided Scientific Games with a vehicle to significantly accelerate the scale and breadth of its existing digital gaming business, including the strategic expansion into sports betting. In his capacity as Chief Executive Officer of NYX, Mr. Davey developed and implemented a corporate strategy that generated strong revenue growth. Mr. Davey shaped company strategy to focus on digital gaming supplier platforms and content that provided various gaming operators with the underlying gaming and sports betting systems for their online gaming business. In 2014, Mr. Davey oversaw the initial public offering of NYX, and his experience in the digital media, sports, entertainment, leisure and gaming industries helped NYX recognize momentum as a public company. After the public offering, from 2014 to 2018, Mr. Davey oversaw seven acquisitions which helped establish NYX as one of the fastest growing global B2B real-money digital gaming and sports betting platforms. These acquisitions included:
• OpenBet: In 2016, NYX completed the $385 million acquisition of OpenBet. This was one of the more complex and transformative acquisitions that Mr. Davey oversaw at NYX. Through securing co-investments from William Hill (LSE: WMH), Sky Betting & Gaming and The Stars Group (formerly Nasdaq: TSG, TSX: TSGI), Mr. Davey was able to get the acquisition from Vitruvian Partners completed successfully, winning the deal against much larger and well capitalized competitors. By combining two established and proven B2B betting and gaming suppliers, NYX was well positioned to provide customers with exciting player-driven solutions across all major product verticals and distribution channels. This allowed NYX to become the leading B2B omni-channel sportsbook platform in the market and the supplier to over 300 gaming operators globally with an extensive library of desktop and mobile game titles, including more than 700 on NYX platforms and more than 2,000 on the OpenBet platform.
• Cryptologic/Chartwell: In 2015, NYX completed the $119 million acquisition of Cryptologic and Chartwell. The acquisition provided NYX with more than 400 titles of additional leading gaming content, a broader customer base, and direct exposure to PokerStars and Intercasino, part of the Gamesys Group (LSE: GYS) — two of the world’s largest online casino offerings.
• OnGame: In 2014, NYX completed the distressed acquisition of OnGame, a premier poker content, platform and service provider. This acquisition provided NYX with one of the best poker products in the industry, access to several regulated jurisdictions, and a valuable talent pool that was instrumental in the growth of NYX. The addition of OnGame further established a path for NYX to continue its growth in both European and U.S. markets.
These acquisitions, together with meaningful organic growth, increased NYX’s revenue from $24 million in 2014 to $184 million annualized in 2017. During that time, Mr. Davey helped build NYX to have over 200 customers in the global gaming industry and a team of 1,000 employees. Mr. Davey’s success at NYX ultimately led to its sale to Scientific Games for $631 million in 2018.
Mr. Davey joined Next Gen Gaming, the predecessor to NYX, in 2000 as the Vice President of Technology, was appointed as Executive Director in 2003 and named Chief Executive Officer in 2005. Prior to that, he was the Senior Consultant for Access Systems, a company that specializes in the provision of back-end software for licensed online casinos. Prior to joining Access, Mr. Davey worked for the Northern Territory Government specializing in matters pertaining to the internet and e-commerce along with roles in the Department of Racing and Gaming. Mr. Davey received a Bachelor of Electrical & Electronic Engineering from Northern Territory University, Australia (also known as Charles Darwin University).
Robin Chhabra — President
Mr. Chhabra has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His prior experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group (“TSG”) and William Hill, and a leading supplier, Inspired Gaming Group (Nasdaq: INSE). Mr. Chhabra served on the Group Executive Committees of each of these companies. From 2017 to May 2020, Mr. Chhabra served as Chief Corporate Development Officer at TSG and, from 2019 to August 2020, he also served as the Chief Executive Officer of Fox Bet, a leading U.S. online gaming business which is the product of a landmark partnership between TSG and FOX Sports, a transaction which he led. During that period, Mr. Chhabra led several transactions which transformed TSG into the largest publicly listed online gambling operator in the world by both revenue and market capitalization and one of the most diversified from a product and geographic perspective with revenues of over $2.5 billion. Mr. Chhabra’s M&A experience is extensive and covers multiple global geographies across the digital gaming value chain and includes the following:
• TSG/Flutter Entertainment Merger: In 2019, Mr. Chhabra led the TSG M&A team that was responsible for TSG’s $12.2 billion merger with Flutter Entertainment (LSE: FLTR). The merger between TSG and Flutter Entertainment is the largest transaction in the digital gaming industry to date. The combination created the largest publicly listed online gaming company with approximately 13 million active customers and leading product offerings, which include sports betting, online casino, fantasy sports and poker. The combined entity includes some of the world’s most iconic digital gaming brands such as Fanduel, Fox Bet, Sky Bet, PaddyPower, Betfair, PokerStars and SportsBet. TSG/Flutter Entertainment is one of the most geographically diverse digital gaming and media companies with leading positions in the United States, United Kingdom, Australia, Ireland, Italy, Spain, Germany and Georgia.
• TSG/Sky Betting and Gaming (“SBG”): In 2018, Mr. Chhabra led the acquisition of SBG from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion. At the time of the acquisition SBG was the largest mobile gambling operator in the United Kingdom and one of the fastest growing of the major operators having doubled its online market share in three years. The acquisition of SBG provided TSG with (a) greater revenue diversification, significantly enhanced expertise and exposure to sports betting just ahead of the judicial overturn of The Professional and Amateur Sports Protection Act of 1992 (PASPA) by the U.S. Supreme Court, (b) a leading position within the United Kingdom, the world’s largest regulated online gaming market, (c) improved products and technology as a result of the addition of SBG’s innovative casino and sports book offerings and a portfolio of popular mobile apps, and (d) expertise in deeply integrating sports betting with leading sports media companies, positioning TSG to create more engaging content, deliver faster growth and decrease customer acquisition costs.
• William Hill (LSE: WMH): At William Hill, from 2010 to 2017, Mr. Chhabra served as Group Director of Strategy and Corporate Development where he led several transactions which contributed to William Hill’s transformation from a land-based gambling operator in the United Kingdom to a leading online-led international business. Mr. Chhabra led William Hill’s entry into the U.S. sports betting and online lottery markets with the acquisition of four businesses, including the simultaneous acquisitions of three U.S. sportsbooks, Cal Neva, American Wagering and Brandywine Bookmaking, in 2011 for an aggregate purchase price of $55 million. These businesses ultimately led William Hill to achieve a leading position in the U.S. sports betting market with a market share of 24% in 2019. Additionally, Mr. Chhabra played a key role in structuring William Hill’s successful joint venture with PlayTech Plc (LSE: PTEC) in 2008. The combined entity created one of the largest online gambling businesses in Europe at the time of its formation and led to William Hill’s buyout of Playtech’s interest for $637 million in 2013. Prior to the transaction, William Hill had struggled in its attempt to establish a strong online gaming platform and a meaningful presence outside the United Kingdom.
Mr. Chhabra has also successfully completed four transactions worth over $1.2 billion in Australia, the world’s second largest regulated online gambling market, and various partnerships in Asia. Additionally, he completed several technology and media related transactions, including William Hill’s investment in NYX, where he worked with Mr. Davey on NYX’s transformational acquisition of OpenBet.
Prior to working in the gaming sector, Mr. Chhabra was an equities analyst and a management consultant. Mr. Chhabra received a Bachelor of Science in Economics from the London School of Economics and Political Science.
Eric Matejevich — Chief Financial Officer
Mr. Matejevich is a seasoned gaming executive with extensive experience in both the online gaming and traditional casino industries. From February to August 2019, he served as Trustee and Interim-Chief Executive Officer of Ocean Casino Resort (“Ocean”) (formerly Revel Casino, which had a construction cost of $2.4 billion) in Atlantic City, where he successfully led the management team through an ownership change and operational turnaround effort. Over the course of seven months, Mr. Matejevich managed to reduce the property’s weekly cash burn of $1.5 million to an annualized cash flow run rate in excess of $20 million.
Prior to Ocean, from 2016 to 2018, Mr. Matejevich served as the Chief Financial Officer of NYX. At NYX, he focused his efforts on integrating the company’s many acquisitions and multiple debt refinancings to simplify its capital structure and provided liquidity for growth initiatives. Additionally, Mr. Matejevich was instrumental to the executive team that sold NYX to Scientific Games for $631 million.
Prior to NYX, from 2004 to 2014, Mr. Matejevich was the Chief Financial Officer of Resorts International Holdings and later, from 2011, also the Chief Operating Officer of the Atlantic Club Casino, a property under the Resorts International Holdings umbrella — a Colony Capital (NYSE: CLNY) entity. As Chief Financial Officer, he provided managerial oversight for all finance functions for a six-property casino company with annual gaming revenue exceeding $1.3 billion, 10,000 gaming positions, 7,000 hotel rooms and over 11,000 staff members during his tenure. Mr. Matejevich led the transition effort to integrate a four-casino, $1.3 billion acquisition from Harrah’s Entertainment and Caesars Entertainment (Nasdaq: CZR). As Chief Operating Officer of Atlantic Club, he lobbied for and was successful in obtaining the first internet gaming legislation passed in the United States. The Atlantic Club was the sole New Jersey casino proponent of the legislation.
Prior to serving in various gaming positions, Mr. Matejevich was a Vice President of High Yield Research for Merrill Lynch, where he managed the corporate bond research effort for the gaming and leisure sectors and marketed high yield and other debt transactions totaling $4.8 billion. Mr. Matejevich received a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from The College of Arts and Sciences at the University of Pennsylvania.
Our Board of Directors
Morris Bailey — Chairman
Over the past 10 years, Mr. Bailey has been a leader in turning around Atlantic City, as well as being among the first gaming executives to embrace online gaming and sports betting in the United States. In his efforts, Mr. Bailey partnered with two of the largest digital gaming companies in the world, PokerStars, part of the Stars Group, and DraftKings (Nasdaq: DKNG). In 2010, Mr. Bailey bought Resorts Atlantic City (“Resorts”) and initiated a comprehensive renovation which allowed for the property to be rebranded and repositioned. In 2012, Mr. Bailey signed an agreement with Mohegan Sun to manage the day-to-day operations of the casino. In addition to Mohegan Sun’s operational expertise and ability to reduce costs via economies of scale, Resorts gained access to their robust customer database. Soon thereafter, Mr. Bailey and his team focused on bringing online gaming to the property. In 2015, Resorts established a platform to engage in online gaming by partnering with PokerStars, now part of the $24 billion Flutter Entertainment, PLC (LSE: FLTR), to operate an online poker room in Atlantic City. In 2018, Resorts announced deals with DraftKings and SBTech to open a sportsbook on-property and online. For 2020 year-to-date, Resorts has performed in the top quartile in internet gross gaming revenue in New Jersey. Mr. Bailey’s efforts in New Jersey helped set the framework for expansion of online sports and gaming throughout the United States.
In addition to his gaming interests, Mr. Bailey has over 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, Chief Executive Officer and Principal of JEMB Realty, a leading real estate development, investment and management organization. Mr. Bailey has notable investment experience within the energy, finance and telecommunications sectors through investments in the Astoria Energy Plant, Basis Investment Group and Xentris Wireless.
Tony Rodio — Director Nominee
Mr. Rodio has nearly four decades of experience in the gaming industry. Most recently, Mr. Rodio served as the Chief Executive Officer and director of Caesars Entertainment Corporation (“Caesars”) (Nasdaq: CZR), one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company, from April 2019 until its acquisition by Eldorado Resorts, Inc. in July 2020. Mr. Rodio led Caesars through its $17.3 billion merger with Eldorado Resorts, one of the largest transactions in the gaming industry to date. Additionally, Mr. Rodio was instrumental to Caesars’ expansion into the digital gaming industry and oversaw the implementation of new digital segments such as its Scientific Games powered retail sportsbook solution that now operates in various states throughout the U.S. From October 2018 to May 2019, Mr. Rodio served as Chief Executive Officer of Affinity Gaming. Prior to Affinity Gaming, he served as President, Chief Executive Officer and a director of Tropicana Entertainment, Inc. (“Tropicana”) for over seven years, where he was responsible for the operation of eight casino properties in seven different jurisdictions. During his time at Tropicana, Mr. Rodio oversaw a period of unprecedented growth at the company, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets. Mr. Rodio led major capital projects, including the complete renovation of Tropicana Atlantic City and Tropicana’s move to land-based operations in Evansville, Indiana. Each of these initiatives, among others, generated substantial value for Tropicana. Ultimately, Mr. Rodio’s efforts at Tropicana led to its sale to Eldorado Resorts in 2018 for $1.85 billion. Prior to Tropicana, Mr. Rodio held a succession of executive positions in Atlantic City for casino brands, including Trump Marina Hotel Casino, Harrah’s Entertainment (predecessor to Caesars), the Atlantic City Hilton Casino Resort and Penn National Gaming. He has also served as a director of several professional and charitable organizations, including Atlantic City Alliance, United Way of Atlantic County, the Casino Associations of New Jersey and Indiana, AtlantiCare Charitable Foundation and the Lloyd D. Levenson Institute of Gaming Hospitality & Tourism. Mr. Rodio brings extensive knowledge of and experience in the gaming industry, operational expertise, and a demonstrated ability to effectively design and implement company strategy. Mr. Rodio received a Bachelor of Science from Rider University and a Master of Business Administration from Monmouth University.
Marlon Goldstein — Director Nominee
Mr. Goldstein is a licensed attorney with nearly 20 years of experience in the gaming space. He joined The Stars Group (Nasdaq: TSG)(TSX: TSGI) in January 2014 as its Executive Vice-President, Chief Legal Officer and Secretary until his retirement from the company in July 2020 following the merger of TSG with Flutter Entertainment, PLC (LSE: FLTR). Mr. Goldstein also previously served as the Executive Vice-President, Corporate Development and General Counsel of TSG. Mr. Goldstein was also the senior TSG executive based in the United States and was one of the primary architects of TSG’s strategic vision for its U.S.-facing business. During his tenure, TSG grew from an approximately $500 million market-cap company to an approximately $7 billion market-cap company through a combination of organic growth and strategic mergers and acquisitions. Mr. Goldstein participated in numerous M&A transactions and capital markets offerings at TSG, including several transformational transactions in the digital gaming industry. Notable transactions in which Mr. Goldstein was involved include:
• TSG/Flutter Merger: In 2019, TSG merged with Flutter for a $12.2 billion transaction value, the largest transaction in the digital gaming industry to date.
• TSG/Fox Bet Partnership: In 2019, TSG entered into a partnership with FOX Sports to create FOX Bet in the U.S., a leading U.S. online gaming business. Wall Street Research estimates an approximate $1.1 billion valuation for Fox Bet post-partnership with The Stars Group.
• TSG/Sky Betting & Gaming: In 2018, TSG acquired Sky Betting & Gaming, the largest mobile gambling operator in the United Kingdom at the time, for $4.7 billion.
• TSG/CrownBet and William Hill: In 2018, TSG simultaneously acquired CrownBet and William Hill, two Australian operators, for a total of $621 million in a multi-part transaction.
• TSG/PokerStars and Full Tilt Poker: In 2014, TSG acquired The Rational Group, which operated PokerStars and Full Tilt and was the world’s largest poker business, for $4.9 billion.
Through his ability to legally structure large and complex transactions, Mr. Goldstein was integral to TSG’s vision of becoming a full-service online gaming company. Additionally, he assisted in structuring TSG’s capital markets activity, which generated liquidity for acquisitions and strengthened its balance sheet.
Prior to joining TSG, Mr. Goldstein was a principal shareholder in the corporate and securities practice at the international law firm of Greenberg Traurig P.A., where he practiced for almost 13 years. Mr. Goldstein’s practice focused on corporate and securities matters, including mergers and acquisitions, securities offerings, and financing transactions. Additionally, Mr. Goldstein was the founder and co-chair of the firm’s Gaming Practice, a multi-disciplinary team of attorneys representing owners, operators and developers of gaming facilities, manufacturers and suppliers of gaming devices, investment banks and lenders in financing transactions, and Indian tribes in the development and financing of gaming facilities.
Mr. Goldstein brings experience and insight that we believe will be valuable to a potential initial business combination target business. Mr. Goldstein received a Bachelor of Business Administration with a concentration in accounting from Emory University and a Juris Doctorate with highest honors from the University of Florida, College of Law.
Sean Ryan — Director Nominee
Mr. Ryan is a digital media and technology operator with extensive global experience in online payments, e-commerce, marketplaces, mobile ad networks, digital games, enterprise collaboration platforms, blockchain, real money gaming and online music. Since 2014, Mr. Ryan has been serving as Vice President of Business Platform Partnerships at Facebook, Inc. (“Facebook”) (Nasdaq: FB), where he leads a more than 500 person global organization that manages the Payments, Commerce, Novi/Blockhain, Workplace and Audience Network businesses. Prior to his current role, Mr. Ryan was hired in 2011 as the Director of Games Partnerships to lead and grow the global Games business at Facebook. While the Director of Games Partnerships, Mr. Ryan focused on re-shaping Facebook’s games and monetization strategies to derive more value for Facebook, its users and its partners, including the addition of a Real Money Gaming offering in regulated markets. Mr. Ryan’s team helped accelerate a major trend in engagement through cross-platform games and therefore the opportunity to increase users through establishing games on multiple platforms. Prior to joining Facebook, Mr. Ryan created the new social and mobile games division at News Corp, an American multinational mass media corporation controlled by Rupert Murdoch. While at News Corp, Mr. Ryan led the acquisition of Making Fun, a San Francisco social-game start-up, that created News Corp’s games publishing division.
Before joining News Corp., Mr. Ryan founded multiple digital businesses such as Twofish, Meez, Open Wager and SingShot Media. Mr. Ryan co-founded Twofish in 2009, a virtual goods and services platform that provided developers with data analytics and insights for individual application’s digital economies. Twofish was later sold to online payments provider Live Gamer, where Mr. Ryan served on the board of directors. From 2005 to 2008, Mr. Ryan founded and led Meez.com, a social entertainment service combining avatars, web games and virtual worlds. The white label social casino gaming company Open Wager was spun out of Meez and was later sold to VGW Holdings, Mr. Ryan also co-founded SingShot Media, an online karaoke community, which was sold to Electronic Arts (Nasdaq: EA) and merged into its Sims division.
We believe Mr. Ryan’s experience will be valuable to a potential initial business combination target and would provide an expanded perspective on the digital gaming landscape. Mr. Ryan received a Bachelor of Arts from Columbia University and a Master of Business Administration from the University of California, Los Angeles.
Tom Roche — Director Nominee
Mr. Roche has more than 40 years of experience in the gaming industry as a regulator, advisor and independent auditor. Mr. Roche joined Ernst & Young (“EY”) as a partner in 2003 and opened its Las Vegas office. He was subsequently appointed as the Office Managing Partner and Global Gaming Industry Market Leader. In 2016, Mr. Roche relocated to the EY Hong Kong office to supervise the expansion of the EY Global Gaming Industry practice in the Asia Pacific region. Mr. Roche has been integral to numerous transactions that have shaped the current gaming landscape, including:
• Wynn Resorts (Nasdaq: WYNN) initial public offering: Mr. Roche was the lead partner on Wynn Resort’s initial public offering, which raised $450 million in 2002.
• Harrah’s Entertainment/Apollo Management Group & Texas Pacific Group: Mr. Roche headed the regulatory advisory services on the buyout of Harrah’s Entertainment, the world’s largest casino company at the time, for $17.1 billion.
• Dubai World/MGM Resorts: Mr. Roche headed the regulatory and due diligence advisory services to Dubai World in its approximately $5.1 billion investment in MGM. Dubai World bought 28.4 million MGM shares, or 9.5 percent of the casino operator, for $2.4 billion. It then invested $2.7 billion to acquire a 50% stake in MGM’s CityCenter Project, a $7.4 billion 76-acre Las Vegas development of hotels, condos and retail outlets.
• MGM Growth Properties (NYSE: MGP) initial public offering: Mr. Roche provided tax and structural transaction services to MGM Resorts in the creation of MGM Growth Properties, a publicly traded REIT engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. MGM Growth Properties raised $1.05 billion in its 2016 initial public offering.
Mr. Roche also directed EY advisory services to boards and management teams for profit improvement and technology related initiatives. In addition, Mr. Roche provided advisory support to the American Gaming Association on several research projects, including those specifically related to sports betting, the revocation of The Professional and Amateur Sports Protection Act of 1992 (PASPA) and anti-money laundering best practices in the gaming industry. Equally, he has assisted government agencies in numerous international locations with enhancing their regulatory approach to governing the industry especially in the online gambling sector.
Prior to joining Ernst & Young, Mr. Roche served as Deloitte’s National Gaming Industry Leader and as the co-head of Andersen’s Gaming Industry Practice in Las Vegas. In 1989, Mr. Roche was appointed by then Governor of the State of Nevada, Robert Miller, to serve as one of three members of the Nevada State Gaming Control Board for a four-year term, where he was directly responsible for the Audit and New Games Lab Divisions. As a board member, he spent a substantial amount of time assisting global jurisdiction regulators enact gaming legislation in the design of their regulatory structure. During his career, Roche has been involved in numerous public and private offerings of equity and debt securities. His background includes providing casino regulatory consulting services to casino licensees and to federal and state agencies including the National Indian Gaming Commission and the Nevada State Gaming Control Board, and industry associations such as the Nevada Resort Association and the American Gaming Association.
We believe Mr. Roche’s highly regarded reputation as a gaming auditor and advisor in the gaming industry will be valuable for us and a potential business combination target. Mr. Roche is a member of the American Institute of Certified Public Accountants and is licensed by the Nevada State Board of Accountancy and Mississippi State Board of Public Accountancy. He received his Bachelor of Science degree in Accounting from the University of Southern California.

It's known that there are thousands of gambling sites on the internet available to choose from. Unfortunately, there are also a large number of them that are just scam, unfair websites. So, how would you be sure you are choosing the right 우리카지노 for you?
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To help you make your online gambling experience as fun and enjoyable as it should be, we wrote this small and concise article with a few and key issues you should always take into consideration before you decide to sign up and deposit money on any online casino.
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Casino Information and License:
First of all, transparency is a key issue for any business. So, a reputable online casino will provide visitors with clear information on its website, and the absence of this information is a bad sign of an unreliable casino. A reputable online or land-based casino is located where it is regulated and a permit is required to operate. Meets this criterion is a good sign of whether it is a trustworthy casino.
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Quality of Customer Support:
Although the players usually overlook the customer support issue, you definitely should pay attention to provided casino's customer support. You may hope that you don't have any problems, but if any issue comes up, especially if it is financially related, you wouldn't want to wait 24 hours or more for a response. If an online gambling site really wants to assist customers it should offer a 24 hours quality support with a wide range of contact options like e-mail, tool-free telephone number, online chat, and more. I really recommend you to make a kind of test. Try to contact the casino's customer support service before start playing, asking them a few questions about the software platform, games, and bonuses, and rate how long it takes to receive a good response.
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Casino Software Platform:
There are many different casino software providers available. Most reputable gambling sites often use software from the top providers like Microgaming, Real Time Gaming, Rival Gaming, Playtech, and Boss Media. Sometimes a gambling site may use its proprietary software, which doesn't mean it's not good, but you should pay extra attention to its characteristics and reputation.
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Casino Payout:
While you analyze an online casino you should look for information about payout percentages. Many online casinos publish monthly results of their payout rates. When considering a higher payout percentage, as a casino advantage, you should be aware of how independent is the audit of this information.
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Money Transfer:
Before begin playing at any online casino you should be aware of the available financial options. The top-rated online casinos usually offer a large variety of withdrawing and deposit options. You should also check your transfer limits that may be applicable in some cases, which may be a negative issue against this casino.
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Bonuses and Promotions:
Almost every online casino offers a wide range of bonuses and promotions to attract player's attention. So you should keep in mind that these bonuses and promotions are a good incentive, but you need to completely understand the regulations and rules related to these promotions. If the promotions weren't completely comprehensive you should consider playing at another casino.
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In this article, you were presented with a set of key issues for you to keep in mind, as guidelines, while choosing an online casino to play at. I cannot guarantee that, following this guideline, you will be completely safe, however, they are, for sure, a set of common-sense key points to be considered while choosing a casino to play at.

The Unlawful Internet Gambling Enforcement Act of 2006, or the UIGEA, had, the bottom line is, prohibited banks and payment processors from processing transactions that will correlate to online gambling. It has not just complicated loading accounts, but additionally withdrawing. While USA online casinos have continued to work, they've had to utilize payment processors that will circumvent these restrictions. Sadly, the UIGEA wasn't even set to go into effect until December of 2009, thought the implications of the legislation had drop out that could be nothing short of catastrophic for several online gambling companies, especially those who relied heavily on the United States market.
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The UIGEA had hamstrung lots of the operations around the globe that utilized the American market to be able to stay ahead in profits, whilst keeping losses to a low. The implications ran deep, damaging many companies operating these casinos. Not merely had some of the larger, publicly traded online casinos taken a significant hit to the purchase price per share, which in turn hurt the shareholders of the companies, but additionally cost the businesses profits from the United States Market. PartyGaming comes in your thoughts specifically, though other large gambling firms had taken a hit. Additionally, many executives in charge 카지노커뮤니티 카지노검증 온카 of several of the online casinos, including Anurag Dikshit, one of many early founders of PartyGaming, have been indicted and fined because of their involvement in online gambling - despite the fact these companies have been based outside of the United States. Payment processors had also been significantly impacted, as many of these financial companies had taken a blow from federal persecution, which, in some cases, amounted to countless countless dollars in seizures. Sadly, the UIGEA had not even been invoked in many of these seizures. Rather, the Wire Act of 1961, a law that were passed years before the Internet was even beginning to develop into what we see today.
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Regardless of the laws that had begun to inhibit online casino gambling, many online casinos continued to just accept USA players. While several of the bigger brands of online casino have been stripped from the United States market, numerous others had remained steadfast inside their dedication to delivering casino gaming to the American market. Though there are online casinos still operating in the USA, the choice has become limited. To be able to concentrate on a limited market, online casinos accepting American players had to offer a service of higher quality. That having been said, those online casinos have had to outclass the older kinds of casino software that had removed themselves from the American market.
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There are three major brands of casino software which have yet to cease operating within the United States. These brands have no intention on leaving the American market, and still out perform those who have left USA players high and dry. Real Time Gaming, or RTG, Rival Gaming, or just Rival, and Odds On, also called Vegas Technology, are the three kinds of casino software still accepting Americans. Each carries its own unique features, though they universally out perform those individuals who have left the United states behind, including Microgaming, Playtech, and others. While some of the individual casinos operating under these brands have do not quite happy with the contention of the United States government, nearly all of them continue to provide USA players with high quality casino gaming.
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Casinos powered by RTG are one of many superior three. Real Time gaming has brought high quality gaming to players through the entire United States. Their superiority comes through the digital eloquence of the games. Rather than delivering tired, bland tables games and slots, they've taken steps to ensure each player will relish the smooth graphics and action of the casino. Real Time Gaming casinos supply their players with enough diversity to keep entertaining, as well as huge bonuses because of their players. Casinos outside of the United States, particularly Microgaming casinos, will more often than not flunk when it comes to bonuses. Through integrated security, these casinos beneath the RTG brand also remain the absolute most secure.
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The 2nd brand of casino gaming comes through Rival Gaming. Rival Gaming has generated and subsequently distributed a unique number of games. These games, the Interactive Slots, have brought a complete new amount of entertainment to slot games. As opposed to the standard spinning of the reels, Rival has raised the bar to the pinnacle of casino gaming. Their table games have also been a big success, bringing in players who seek simply to play cards, dice, and other table based casino games. Though players outside of the United States may take pleasure in the Interactive Slot, there is no international online casino that blocks American IP addresses that offers anything remotely similar to the power and selection of the I-Slot.
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Finally we come to Odds On. With Odds On Casinos, players are entitled to utilize one of many original kinds of online casino software. Odds On has revolutionized the way in which games are played, particularly slots. The Odds On bonus slots have brought countless thousands of dollars to their winners. Additionally, these bonus slots are backed by the large, multiplayer slot tournaments which have become a selection for several gamers across the world. The size and popularity of those tournaments are almost exclusive to Odds On. Slot tournaments provide players with the ability to enjoy slot gaming without an overwhelming financial risk, while providing easier usage of large winnings. Though other kinds of casino software will periodically provide players with the chance to enjoy slot tournaments, none is going to be as versatile or commonplace as those found through Odds On - proving once more online casinos accepting USA players are superior to those found open and then European players.

Brazilian punters can enjoy a wide range of casino games when playing at online casinos, with games at our recommended casino sites available from the best software developers in the business, like Net Entertainment, Microgaming, BetSoft, Play’n Go, Playtech, Quickspin, Evolution Gaming and many more. 배트맨토토구매가능게임 Whether you enjoy luck based games or games of skill, are a newbie or an experienced high roller, online casinos cater to players of all tastes and all experience levels. Choose from hundreds of different online slot games, or hit the tables for variants of roulette, blackjack, baccarat, poker, scratch cards, bingo, lotto, and more.

Scratch cards, also known as scratches, are one of the simplest games of chance around . With them everything is a matter of luck. It is a very easy game of chance and with which you can win big prizes playing with very little money . Everyone has ever played these types of cards: they are usually given as promotional material for some brands and often they also serve to raise charity funds. The mechanism of these is very simple, it consists of scratching with a coin the indicated areas of a card. Scratching them will reveal certain images. To win you will have to get 3 or more images of the same type or a special combination of these. Its operation is very simple but in this guide we will explain step by step how to play.
With the advent of the Internet, scratch cards have also jumped into the digital sphere . With this change, the currency has stopped being physical and has been replaced by a virtual currency or a simple mouse click, in addition the game has become somewhat more sophisticated. Today, it is common to find this type of game in online casinos and online gaming platforms. In fact, there are portals that have specialized in scratch cards . This is the case of Scratchmania, where you can find a great variety of scratches of different formats and themes. For example, scratch cards related to animals are very popular.
However, one of the disadvantages for Spanish players is that the offer of scratch cards available in secure casinos (those licensed by the DGOJ) is quite limited.
Scratch Cards Online - Types and How to Play
Scratch cards are a very simple game, although depending on the software provider that developed them there may be some variations between them. In this article in the form of a guide we wanted to classify them by type to later explain in a practical way and with examples how to play the different types of slot machines that we can find.
Depending on their design, we can classify online scratch cards into two main types :

• Online scratch cards similar to traditional ones
• Online scratch cards similar to slots

Depending on how to get the prizes, we can classify the scratch cards into two other large groups :

• Scratch cards with prizes associated with rows
• Scratch cards with prizes associated with symbols

We will build on this classification to explain with real examples how to play the different types of scratch cards online.
1. Scratch cards similar to the traditional ones
Scratch Cards Guide - Crazy Fruits
These types of games are the ones that most resemble traditional scratch cards , that is, cardboard. A good example to explain them is the game Crazy Fruits, developed by the provider Gamesys.
As in the traditional game, you will have to go to a store to buy your cards. In this case it will not be a physical store (don't worry), but you will only have to go to the 'scratch card store' of the online casino . In this store you will find the different cards available and their prices.
You can purchase the same number of cards as you need! Its operation is very simple. You will only have to get 3 icons of the same type to win.
2. Scratch Cards similar to slot machines
Scratch Cards Guide - Star Raiders
Not all scracht cards are that simple. The proof of this is the scratch cards of this second group. These differ from the rest by their similarity to online slots . They have a much more elaborate design and graphics and can sometimes also include videos and animations. In addition, some of them also have wild symbols and scatter symbols , which will allow you to increase your winnings.
The example we have chosen to represent this second type is the Star Raiders card, developed by the provider Pariplay. However, many software companies have similar creations. Among the best known we can highlight Microgaming, Playtech or NextGen.
The operation of this game is very similar to the previous one. However, this time you will not have to go to a store to buy your card and the price of this card will not be fixed either. In this case, you can choose the amount of money you want to play each time and the prizes will vary depending on the bet made. Of course, as in the previous example, to win you will need to obtain 3 icons of the same type anywhere on the card.
3. Scratch Cards with prizes associated with the number of symbols
The two examples that we have seen above belong to the group of scratch cards where the prizes are associated with a number of symbols of the same type, without these having to occupy a certain position. To win, you only need X symbols of the same type to appear on the screen, no matter where . Another good example of this type of card is The Godfather game, developed by the provider GextGen.
In The Godfather scratch card you will have to choose how much money you want to play each time and the prizes will vary depending on the amount wagered. As we can see, the position of the symbols does not influence the prize at all , since in this type of cards only the number matters.
4. Scratch Cards with prizes associated with the ranks
In this type of Scratch Cards, each row will be associated with a prize or win . Next we will focus on the Scratch King slot to make a brief explanation of its operation.
The Scratch King Game is made up of 4 rows: the first 3 hide 5 different images and the last row is made up of 3 treasure chests. Each of the rows is associated with a prize, which will change with each spin. The award will be visible in each of the boxes to the right of the rows.
Wild symbols may appear in this game that will be replaced by other icons to help you complete the winning combination. If you get 4 equal symbols, your prize will be multiplied x3 and if you get 5 equal icons the prize will be multiplied x5. In addition to wilds, you can also enjoy scatter symbols. In this game the scatter symbols are represented by keys. These keys will be used to open the chests located at the bottom of the screen. You will need to get 3 keys in the same roll to open the treasure chests and win the prize associated with this last row.
5. Scratch Cards with progressive jackpots or jackpots
Finally, we couldn't finish this article without first mentioning jackpot scratch cards . As in slots, there are some scratch cards that are associated with a large jackpot or progressive jackpot , it grows as users play and only stops when a player wins the prize. Then you start over from scratch. These types of scratch cards have an added thrill, because you never know who will be the lucky one to take home the grand prize.

Haven't you tried playing at an online casino for real money yet? We guarantee you that it is an exceptional encounter. All you need is a trustworthy casino that you can deposit and play with while enjoying the experience. From GuiaCasino we show you the best real money casinos of 2020.
What are you waiting for to try them?
We bring you the best online casinos where you can play without having to download the casino program, that is, the best casinos without downloading. So you just have to open your browser and enjoy your favorite casino games.
How to locate the best online casinos for genuine cash?
This is a complex task and that is why from GuiaCasino we offer you a list of what we consider to be the best online casinos with real money for 2020.
Surely now you are wondering how we have made that list, well, very simple, previously we have analyzed a series of basic elements to identify the best casinos.
These are:
License
The first thing to check before opting for a certain online casino is if it has a license that allows it to offer its services as an online casino. If we are in Spain, they must have the license granted by the DGOJ, Directorate General for the Regulation of gambling. In the case of Colombia, this must be granted by Coljuegos, in Mexico by the DGJS and in Argentina this will depend on the province in which you are. In the case of Chile, it is the (SCJ) Superintendency of Gaming Casinos, the body in charge of the operation of the casinos. And if you are in Venezuela, it is the National Commission of Casino, Bingo Rooms and Slot Machines (CNC), which is in charge of legislating physical casinos, but online ones are in a kind of legal vacuum. Therefore, as you can see, the licenses depend on the specific country where you want to play.
Security
Another element that we check is the security of said casino, that is, that they carry out protocols at all times that ensure the protection of user data. That is why all the casinos that we recommend from GuiaCasino have an SSL encryption system, which guarantees both the privacy of your account, the protection of 100% of your banking and personal data.
All these casinos, apart from their security, also demonstrate their transparency through the use of the RGN system, generation of random numbers, which ensures the transparency and randomness of the games that they make available to the user. In addition to having an admitted percentage of RTP, return to the player, that is, it has an indicator that shows that the return to the player is regularized.
They also promote a form of responsible gambling, offering all the necessary help to users who experience gambling problems. In addition, all of them have a seal of "Responsible Gambling", " Safe Gambling " or another of the accreditations that prove this.
Payment methods
One of the most important elements, and of course we cannot forget to check, is the variety of payment methods they offer. Here depending on the country and the real money online casino you want to play in, the payment methods will vary a lot. Of course, there are some payment methods that most online casinos have from experience, these are:
- Credit and charge cards : Visa , Mastercard and Maestro
- Electronic wallets: PayPal , Payoneer, Neteller and Skrill .
- Bank moves , among some others.
Apart from the various forms of payment, another element that we also take into account is the time of both deposit and withdrawal of money. Where it must be said that they are 100% linked both to the selected form of payment, and to the real money online casino in which we are playing.
Real money online casino bonuses
In addition, we cannot forget the games or casino bonuses offered by online casinos with money, with the aim of attracting and retaining users. Here in particular we have to highlight bonuses such as the welcome, the no deposit bonus, the one you receive for bringing a friend, the loyalty bonus, among a great list more. All the real money casinos that we recommend from GuiaCasino, have a wide variety of them.
Do you actually need to know more advantages?
Online casino games for real money
Another of the most important elements is the variety of casino games that they make available to the user to play. As a general rule, these usually have a wide variety of games, among which we highlight:
Traditional card games like online blackjack, online poker, and baccarat.
Other traditional casino games such as online roulette , bingo or keno.
The new range of online slots .
The modalities of live games.
To the latter, it must be emphasized that live games in this type of casino is one of the modalities that is currently being received the most. Since it has all the advantages of face-to-face casinos, plus those of online casinos.
Customer Service
This is one of the basic elements of review, because when a user has problems, what they value the most is good customer service. So this is one of the key items on our checklist and we need to know the information about. Most of the online casinos with money that we recommend from GuiaCasino, have a customer service 24 hours a day, 7 days a week and 365 days a year, via chat, telephone and mail.
Real money online casino software and graphics
Another element to take into account in this type of online casino is its software providers, since these are responsible for the range of online games that each casino has. Some of the most popular are casinos like Microgaming , Merkur Gaming, Playtech, Pragmatic Play and NetEnt.
And we cannot forget the design and graphics of dischos casinos, since they have to be 100% oriented to offer a pleasant user experience. That is to say, make the navigation of these simple and intuitive, always ensuring that they enjoy the experience to the fullest and do not encounter any kind of difficulty.
Advantages of playing in a real money casino
Next, we are going to show you all the advantages of this game mode:
The experience and excitement you experience when betting real money.
The economic benefits you get from playing
The comfort of being able to play wherever and whenever you want
The multiple modalities of payment methods that they offer.
Enjoy its wide gallery of games, both traditional and the latest modalities on the market.
But how can I play for real money?
The procedure is very simple, below, we are going to show you all the steps you must follow to play in these online casinos:
The first and most important thing is to choose the online casino where you want to play
Later you will have to register and create your casino account
Make your first deposit through the selected payment method
Choose the game (s) you want to play at the online casino
And, start playing and enjoy the experience!