Daniele Cardoso Named Permanent Head of Brazil’s Gambling Regulator

(AsiaGameHub) - Following her interim appointment after Regis Dudena's departure, Brazil's Ministry of Finance has confirmed Daniele Cardoso as the permanent head of the country's gambling regulator. Cardoso had been the Acting Secretary of Prizes and Betting since the end of January. This role is now permanent. Dudena, the architect of Brazil's first online betting and gaming system, has moved to lead the Secretariat for Economic Reforms within the Ministry of Finance. Her confirmation was announced publicly on X by Brazil's Finance Minister, Dario Durigan, who stated: Nobody accomplishes anything alone. We are a serious, united, and technical Ministry. Women and men dedicated to making a difference daily, working for the prosperity of Brazilian families. During her interim tenure, Cardoso played a key role in shaping Brazil's emerging online gambling landscape. As the permanent head of the SPA, she will now guide the regulator through its next stage of development, focusing on regulatory and operational matters. A priority will be finalizing rules for B2B iGaming and sports betting suppliers. The SPA also continues to work on projects like launching a national self-exclusion system. A core objective remains combating illegal gambling to increase channelization rates. This includes collaborative efforts with the National Telecommunications Agency, Anatel, to implement blocks against unlicensed operators. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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DraftKings, FanDuel, and NFL sued over micro betting design

(AsiaGameHub) - A Pennsylvania lawsuit has been filed against DraftKings and FanDuel, alleging they used data from the NFL and Genius Sports to develop sportsbook platforms that "could contribute to addiction." The Public Health Advocacy Institute (PHAI) brought this legal action on behalf of Christopher Sage and Terry Thompson, who reportedly developed gambling addictions after using the betting apps. A central focus of the lawsuit is live, in-game micro betting, which it claims effectively turns sportsbooks into highly addictive products. The lawsuit asserts that the operators are "weaponizing mobile technology and AI" to drive nonstop betting. Micro betting allows wagers on nearly every game occurrence, thereby greatly reducing typical constraints related to time, location, and tempo. Plaintiffs note: Every half, quarter, minute, second, pitch, play, and shot becomes a fresh gambling chance, with repeated wagers placed as the game progresses. Whereas slower-paced games like casual poker typically take a long time to play, micro betting is undeniably akin to slot machines in terms of speed and repetition. Bets are placed within seconds, and there are no pauses or breaks, trapping users in ongoing cycles. The plaintiffs argue that such a design is intentionally crafted to maximize user engagement and encourage repeated wagers on the same events. Micro betting relies on real-time data, which is supplied by Genius Sports and the NFL—both of which financially benefit from micro betting. In 2025, Genius generated $126.1 million from in-game live micro betting, accounting for nearly 19% of its total revenue, in part because the NFL is a shareholder. Plaintiffs describe how casual betting escalated into addiction after switching to mobile apps, causing financial and personal ruin: Within just a few years… the plaintiffs nearly lost everything—their savings, homes, businesses, and families. VIP programs are alleged to entice consumers to keep gambling through gifts and trips. The lawsuit invokes Pennsylvania law and alleges: product defect, failure to provide proper warnings, negligence, unfair trade practices, and intentional infliction of emotional distress. The plaintiffs are seeking monetary damages, a new jury trial, and court orders restricting the scope of sportsbook offerings. Micro betting is under increased regulatory scrutiny in the U.S. New Jersey plans to ban microbets, while New York is considering a ban on live bets. Massachusetts, Colorado, Kentucky, Louisiana, and Minnesota have the issue on their agendas, and Ohio, Maryland, and Vermont have already outlawed prop bets on college athletes. PHAI has a track record of taking on sportsbooks, including: 2023: A class-action lawsuit in Massachusetts against DraftKings regarding deposit bonuses 2025: A Pennsylvania lawsuit against Caesars Palace Online Casino and Harrah’s Philadelphia Casino 2024: A lawsuit against the Massachusetts Gaming Commission over player data transparency This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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bet365 exits American Gaming Association over strategic disagreements iGame

bet365 exits American Gaming Association over strategic disagreements

(AsiaGameHub) - bet365 has officially withdrawn from the American Gaming Association, making bet365 one of several prominent online betting firms to leave the U.S. gambling organization. Both bet365 and the AGA have confirmed this development. bet365 cited a divergence in priorities as the reason for its departure. As a company that operates exclusively online, bet365's business model does not align with the AGA's focus on brick-and-mortar casinos. However, bet365 stressed its commitment to maintaining positive relationships with both regulators and industry collaborators. This move is indicative of a broader trend of operators exiting the Association. DraftKings, FanDuel, and Fanatics Betting and Gaming have recently departed, largely due to disagreements concerning the functionality and regulation of predictive markets within the industry. Despite its exit from the AGA, bet365 continues to expand its presence in the U.S. market. The company is actively growing its business, evidenced by the construction of a major headquarters in Denver and the commencement of operations in several new states. Furthermore, its online casino operations in markets like New Jersey and Pennsylvania have experienced approximately 50% year-over-year growth. bet365's decision further highlights the growing divide between digital and traditional land-based companies within the U.S. gaming sector. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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BetMGM Fined $100K by PGCB Over KYC Issues iGame

BetMGM Fined $100K by PGCB Over KYC Issues

(AsiaGameHub) - The Pennsylvania Gaming Control Board (PGCB) has imposed a $100,000 fine on BetMGM for violations linked to fraudulent activities that occurred between 2023 and 2024. BetMGM's verification processes were found to be inadequate, enabling individuals to create accounts using stolen identities and deposit funds via compromised payment methods. The fine was a result of BetMGM's failure to implement sufficient safeguards against fraudulent activity. Additionally, the PGCB issued prohibitions against 16 individuals from engaging in gambling, with some of these cases involving instances where minors were left unsupervised at physical casino locations. This incident marks another compliance issue for BetMGM in Pennsylvania. Earlier this year, the operator incurred a $260,905 fine for allowing self-excluded individuals to gamble. Furthermore, BetMGM has faced penalties in Massachusetts for offering unauthorized betting markets and for marketing to underage individuals. This latest fine underscores the ongoing regulatory pressure on operators to enhance their Know Your Customer (KYC) controls and mitigate fraudulent activities on their platforms. BetMGM declined to provide a statement regarding the findings. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Codere Seeking €2 Billion Deal iGame

Codere Seeking €2 Billion Deal

(AsiaGameHub) - Codere has engaged Jefferies and Macquarie Capital to facilitate the sale of the company. The divestment process is in its early stages, with insiders valuing Codere at over €2 billion. Preliminary non-binding bids are expected by mid-May, followed by a formal auction in July, with a final agreement potentially reached by August. Following a recent restructuring, Codere's ownership is distributed across roughly 84 investment funds. Key creditors injected €225 million in fresh capital, swapped more than €350 million of debt for equity, and pushed back debt maturities from 2026 to 2027. Management of the business has transitioned to Codere New Topco S.A., which is currently about 95% owned by bondholders. The company's financial health has seen significant improvement post-restructuring. According to a recent report, Codere recorded €1.34 billion in revenue and an adjusted EBITDA of €179 million for the fiscal year ending December 31, 2024. Recent performance suggests EBITDA will surpass €200 million. Furthermore, gross debt has been slashed from €1.4 billion to roughly €190 million, alongside bolstered liquidity. Although the strengthened balance sheet enhances Codere's appeal to buyers, the candidate pool might be restricted as many investors shy away from the gambling sector due to ESG (Environmental, Social, and Governance) considerations. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Brazil grants authorities the power to freeze accounts linked to illegal betting iGame

Brazil grants authorities the power to freeze accounts linked to illegal betting

(AsiaGameHub) - Brazil has implemented a strengthened approach to combat illegal betting with the enactment of Law No. 15,358/2025. This legislation grants the Central Bank and the Ministry of Finance the authority to freeze bank accounts and halt Pix transactions linked to operators of unlicensed betting activities. This new law mandates that all financial institutions freeze bank accounts and block transactions associated with illegal betting, while simultaneously ensuring due process and protecting player funds. The law also establishes mechanisms for information sharing among financial organizations to detect and prevent fraud within the financial system. Regulators will enhance their supervision of Pix payments through more rigorous transaction monitoring and the potential implementation of filters to block suspicious activities. Companies that do not adhere to the new regulations could face penalties such as fines, license suspension, and other sanctions. All these measures represent a significant advancement in increasing oversight of financial transactions and adopting a proactive strategy to eradicate all forms of illegal betting in Brazil. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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BC.Game appoints Kar Kheng Giam as new CEO to fuel global expansion

(AsiaGameHub) - BC.Game has publicly announced the appointment of Kar Kheng Giam, widely known as KK, as its Chief Executive Officer, signaling the company's clear intention to strengthen its leadership position in the global crypto gaming sector. The incoming CEO brings three decades of diverse senior-level experience across international markets, primarily within gaming, technology, and consumer industries. KK has held executive positions across Asia-Pacific, the United States, and Europe, giving him direct expertise in global market dynamics. Prior to BC.Game, he served as Vice President of International at Coyote Bioscience, focusing on worldwide growth initiatives. Additionally, he co-founded mobile gaming companies Topgame and Tinymobi, which launched numerous social and casino-style games that quickly established dedicated player communities. Earlier in his career, KK transitioned from the music industry to corporate leadership, serving as CEO of various organizations and holding regional leadership responsibilities at Nabisco Asia. In his new position, he will oversee BC.Game's long-term strategic direction, drive operational improvements, and collaborate with the team to expand global platform accessibility, elevate compliance standards, and advance innovation in crypto gaming. KK said: BC.Game has cultivated a robust global community through the integration of cutting-edge technology and compelling entertainment experiences. I am enthusiastic about assuming this role during a period of substantial growth potential for the company. As demand rises for transparent, user-centric platforms and cryptocurrency adoption increases in online gaming, we are strategically positioned for global expansion. My priorities will include reinforcing our footprint in regulated markets, improving the platform experience, and maintaining user trust. This leadership transition is part of BC.Game's broader strategy to deepen its involvement in regulated markets. The company currently maintains licenses in multiple jurisdictions including Anjouan, Nigeria, Kenya, Mexico, and Tanzania, leveraging these regulated frameworks to establish a sustainable worldwide presence. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Macau Legend projects $200 million loss following 2025 casino shutdown iGame

Macau Legend projects $200 million loss following 2025 casino shutdown

(AsiaGameHub) - Hong Kong-listed Macau Legend Development Ltd is preparing for an approximate HKD 1.57 billion (about $200 million) loss in 2025, a substantial rise from the HKD 623 million loss reported in 2024. Macau’s complete phase-out of its electronic and gaming operations has been a major factor in the company’s decline, following the closure of Legend Palace at Macau Fisherman’s Wharf on November 12, 2025—when its service agreement with SJM Holdings expired due to Macau’s broader phased elimination of satellite casinos. The company’s projected losses are primarily driven by an HKD 1.18 billion impairment charge recorded in 2025, which is markedly higher than the HKD 376 million in charges related to the casino and other assets in 2020. Beyond asset impairments, Macau Legend has also accounted for HKD 71 million in employee-related costs—including long-service payments tied to the closure and other employment-related payments associated with the casino shutdown—which have also had a significant impact on the company’s financial results. The Macau government’s move to eliminate satellite casinos by December 31, 2025, has greatly affected operators like Macau Legend in their efforts to restructure their business models. The closure of Legend Palace illustrates how regulatory changes directly impact asset values and the long-term business strategies of operators. Looking ahead, the company will rely on its non-gaming portfolio to stabilize its financial performance. Without casino operations, it will continue to face challenges in developing alternative revenue streams before 2026. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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British Horserace Betting Levy Remains Unchanged iGame

British Horserace Betting Levy Remains Unchanged

(AsiaGameHub) - The horseracing industry has criticized the government's decision to not maintain the Horserace Betting Levy at its current level following an extensive review. UK.- British horseracing received positive news in November when horse betting was excluded from the upcoming increase in UK betting duty set to take effect in April 2027, though not all developments have been favorable. Gambling Minister Baroness Twycross has let the industry down by confirming that the Horserace Betting Levy will stay unchanged. Horseracing stands as the sole sport in Britain backed by a statutory levy, first introduced in 1961 via the Betting Levy Act. Since its modernization in 2017, the levy has been set at 10 percent of bookmakers' gross profits from British racing once earnings exceed £500,000. In 2025, the levy generated £108m, up from £105m the prior year. The Horserace Betting Levy Board (HBLB) manages the collection and distribution of these funds, directing them toward investments in areas such as breeding, veterinary science, and horse welfare. Stakeholders in horseracing have long pushed for a review of this calculation, but Ian Murray, the Labour government's Minister of State for Media, Tourism, and Creative Industries, confirmed in the House of Commons that the levy will remain unaltered. Baroness Twycross cited reasons for keeping the levy steady, including gambling tax reforms announced in the 2025 Autumn Budget. These reforms included a hike in General Betting Duty from 15 to 25 percent in 2027, while the rate for horse racing will stay at 15 percent. The government also turned down requests to expand the levy to cover international racing, asserting that the existing framework already supports a robust connection between betting and British horseracing. Twycross referenced findings from the previous government's levy review, completed in April 2024, stating: “The Government remains firmly committed to supporting racing. We endorse efforts to enhance the sport's governance structure, modernize its fixture list, and improve horse welfare. We will continue to assist the BHA and broader racing stakeholders in achieving these goals.” Horseracing sector reaction The British Horseracing Authority (BHA), the sport's regulatory body, criticized the decision. CEO Brant Dunshea stated: “It is disheartening that it has taken nearly three years to conclude that no adjustment to the Levy rate is necessary. “Throughout lengthy negotiations, British horseracing engaged with the Government in good faith, providing clear evidence of a significant—and growing—gap between the costs of delivering the sport and the returns received from betting. “Following the BHA's advocacy campaign, the Government acknowledged the vital cultural, social, and economic significance of horseracing in its latest Budget by not raising betting duties on the sport. In its pre-Budget advice to the Treasury, the DCMS also warned that ‘without an increase in the Horserace Betting Levy to accompany the carve-out for racing… racing is unlikely to see any benefit.’ “Today's written ministerial statement fails to explain why, just months after the Budget, the DCMS now deems no change to the Levy rate necessary. British horseracing already receives a substantially lower return from the gambling industry compared to our closest competitor jurisdictions. While French and Irish horseracing secure 7.7 and 8.4 percent respectively, we receive less than 3 percent. “This issue is compounded by the failure to recognize that by refusing to extend the Levy to bets on overseas racing, British horseracing is effectively funding its international rivals, weakening our global position. There are concerns that this issue could exacerbate tensions between the racing and betting industries that emerged during the campaign against gambling tax hikes. The gambling sector responded to the BHA's decision to take a stand over the tax threat and support tax increases on igaming, provided horseracing received an exemption. Internally, divisions have also arisen among stakeholders such as the BHA, the Jockey Club, Arena Racing Company (ARC), and the Racecourse Association (RCA), each with differing visions for the sport's future. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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El Cortez Hotel & Casino undergoes leadership alterations iGame

El Cortez Hotel & Casino undergoes leadership alterations

(AsiaGameHub) - The Las Vegas establishment has revealed three leadership promotions along with a new hire. US.- El Cortez Hotel & Casino in Las Vegas has unveiled leadership promotions and new additions to its executive team. The property has elevated Adam Wiesberg to vice president and general manager, Patrick Lazarus to vice president and director of casino operations, and Nords Malilay to vice president of player development and casino marketing. Bart Mahoney has been named vice president of hospitality. Wiesberg became part of the resort in 2015 and has occupied multiple positions, such as table games shift manager, marketing director, and assistant general manager. Lazarus started in 2012 and has held roles including table games shift manager and casino manager. Malilay has been with the organization since 2005. Mahoney brings experience from Resorts World, Golden Entertainment, and Wynn Resorts. Kenny Epstein, CEO and chairman of El Cortez Hotel & Casino, stated: “As we near our 85th anniversary, it’s thrilling to have a leadership team with such deep roots in the Las Vegas gaming industry. These individuals each contribute extensive casino and hospitality expertise to our historic property.” In February, El Cortez Hotel & Casino marked the completion of its $20m property-wide expansion. The renovation project featured the addition of a new high-limit lounge, two bars, a new restaurant, and a Starbucks coffee shop. The initiative increased the casino's footprint by 10,000 square feet while renovating 4,000 square feet of the existing casino floor. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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N1 Partners Recognized with Top Affiliate Program Award at GamingTECH Awards 2026 iGame

N1 Partners Recognized with Top Affiliate Program Award at GamingTECH Awards 2026

(AsiaGameHub) - This accolade highlights N1 Partners’ robust growth trajectory in Central and Eastern Europe, acknowledging its results-focused affiliate network, high-converting brands, and innovative projects like the N1 SEO Traffic Cup—efforts that consistently aid partner expansion and revenue maximization across key markets. Press release.- N1 Partners claimed the Best Affiliate Program in Central and Eastern Europe title at the GamingTECH Awards 2026, held during the HIPTHER Prague Summit, representing another key achievement in its growth and industry acknowledgment. This success showcases the robustness of N1 Partners’ affiliate network and its ongoing commitment to providing results-oriented solutions for partners in key markets. Alexa Bond, head of Affiliates at N1 Partners, commented: “This award reflects the effort we’ve invested in developing more than just an affiliate program. We aim to build a resilient, dependable ecosystem where partners can expand with assurance, backed by transparent operations, top-performing products, and a team that grasps the market’s practical challenges. It’s rewarding to see this strategy gain industry recognition, and we view it as encouragement to keep advancing.” N1 Partners remains distinguished by its blend of high-converting brands, adaptable partnership structures, and a product-centric strategy for user retention and monetization. Boasting strong Reg2Dep performance in Tier-1 regions, customized offers, and an expanding lineup of casino and sportsbook brands, the firm equips partners with reliable resources to scale operations and boost revenue. A critical element contributing to this recognition is N1 Partners’ emphasis on results-focused initiatives that directly foster partner growth. A recent example is the N1 SEO Traffic Cup, a flagship affiliate competition centered on SEO traffic. The campaign encourages partners to compete by generating high-quality traffic, enhancing their N1 Cup Score, and ascending the leaderboard to access premium rewards. The company noted: “N1 Partners extends our heartfelt gratitude to HIPTHER for this acknowledgment and to all our partners, whose trust and collaboration remain the driving force behind our growth. This achievement would not have been possible without you.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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German onlinecasino association raises doubts about black-market gambling data iGame

German onlinecasino association raises doubts about black-market gambling data

(AsiaGameHub) - The DOCV maintains that the estimates provided by Germany’s gambling authority remain imprecise. Germany.- Simon Priglinger-Simader, vice president of the online casino trade body DOCV, has challenged the federal regulator’s most recent data regarding the nation's illegal gambling market. He characterized the channelisation statistics as “conservative” and lacking accuracy. The study commissioned by the GGL and performed by the Blockchain Research Lab calculated a channelisation rate of 77.03 per cent, suggesting that regulated gambling platforms comprised just over three-quarters of the German online market in 2025. Unlicensed gross gaming revenue (GGR) was projected at €547m for 2024, marking a 17 per cent rise from the €466m recorded in 2023. While the GGL stated the results aligned with their projections, Priglinger-Simader argues the research was compromised by “non-representative sampling,” asserting that it failed to reflect the actual extent of the black market and contradicted “observed tax figures.” He contended that turnover in the illegal sector is likely significantly higher, driven by enticing bonus schemes and the absence of constraints like spin or loss limits. He noted that licensed operators have reported feedback from users who migrated to unlicensed sites to bypass stringent regulatory requirements. Furthermore, he highlighted “recall bias,” stating: “When you ask individuals if they engage in illegal gambling, they are highly likely to deny it.” The DOCV asserts that its own 2023 research, conducted by economist Gunther Schnabl from the University of Leipzig, provides a more accurate assessment, indicating that roughly half of German players utilized illegal websites. A revised report from Schnabl is anticipated by mid-2025, which will integrate new Nielsen data and an updated registry of unlicensed operators. In other developments, a survey has sparked debate regarding the influence of gambling advertisements in Germany, while the third national report on gambling prevalence—authored by the Institute for Interdisciplinary Addiction and Drug Research (ISD) and the University of Bremen—has advocated for more rigorous oversight of the legal market. The Glücksspiel-Survey 2025 advises that the federal states and the GGL should prioritize “structural prevention over a reliance on individual accountability to reduce gambling-related risks.” Both of these recent reports may influence the GGL’s evaluation of the first five years of the Interstate Gambling Treaty, which is scheduled for submission to the Bundestag later this year. The regulator has committed to determining whether the current framework has successfully balanced market sustainability, player protection, enforcement of standards, and advertising regulations. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Allwyn Finalizes Merger with OPAP iGame

Allwyn Finalizes Merger with OPAP

(AsiaGameHub) - The merger establishes one of the world’s largest publicly traded gambling groups. Greece.- The merger between Allwyn and OPAP has concluded, forming what Allwyn describes as the world’s second-biggest publicly listed lottery operator, valued at €16bn. The Czech Republic-headquartered operator (previously known as Sazka) has raised its ownership stake in the Greek gambling firm from 51.78% to 78.5%, with the remaining 21.5% to be held by other OPAP shareholders. The transaction, agreed upon in October, builds upon a long-term partnership. Allwyn’s parent entity, KKCG , has held a significant stake in the Greek operator since 2013. Allwyn will now be listed on the Athens Stock Exchange and will maintain a dominant presence in the country, even after abandoning its plans to acquire Novibet due to monopoly-related concerns. OPAP operates the Greek national lottery in addition to a wide-ranging betting and gaming portfolio This step continues Allwyn’s diversification strategy, which commenced with its rebranding in 2022. The company has been expanding globally and into other sectors. It currently operates the UK National Lottery and holds majority stakes in PrizePicks and Instant Win Gaming. Allwyn anticipates that the OPAP transaction will result in greater geographic coverage, a broader product range, improved digital and technological capabilities, a more robust financial foundation, and a heightened focus on responsible gambling and contributions to charitable causes. “This represents a significant strategic milestone for Allwyn, and we embark on our journey as a publicly listed global leader with a strengthened platform, increased financial flexibility, and a world-class team,” said CEO Robert Chvátal. “We are highly confident that our leading market positions, high level of diversification, and strong cash generation put us in a strong position to drive sustainable growth and ongoing value creation as we invest in innovation and future opportunities across our markets. I would like to express gratitude to our shareholders, employees, and regulators for their support as we unite two best‑in‑class organizations to form the second‑largest listed lottery and gaming operator worldwide.” OPAP will streamline its operations into new Greek subsidiaries and relocate its legal headquarters to Luxembourg. KKCG will retain 78% of voting rights, while Allwyn has announced intentions to distribute €0.80 (£0.69) per share to investors. Karel Komárek, founder and chair of both KKCG and Allwyn, commented: “Today, Allwyn enters a new chapter—one that builds on the momentum already defining our business. “Over the past 13 years, we have demonstrated the significant and sustainable value we generate for shareholders, for society, and through the experiences we provide to players. This progress has been rooted in partnership, trust, and a sincere commitment to innovation. Allwyn possesses exceptional potential in the fast-evolving realm of consumer entertainment, and we have the strategic clarity, scale, capabilities, and ambition to shape the future of the industry.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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The boom of prediction markets leads to a new forum at SBC Summit Americas iGame

The boom of prediction markets leads to a new forum at SBC Summit Americas

(AsiaGameHub) - The forum, which is part of the Breakout Stage, will convene operators, legal specialists, and industry analysts. Press release.- A specialized Prediction Markets Forum will be introduced at the SBC Summit Americas to investigate one of the most rapidly expanding and contentious areas within US sports betting. Scheduled for Thursday, June 11 on the Breakout Stage, the event will gather operators, legal experts, and industry analysts to analyze the growth of prediction markets, the entry of sportsbooks into this sector, and the regulatory and integrity issues influencing its development. The four-part program will be led by Patrick Everson, a FOX Sports contributor and sports betting analyst. The recent uptick in prediction markets gained significant momentum from the 2024 presidential election, which brought event contracts to a wide audience. Following this, companies like DraftKings, FanDuel, and Fanatics have all taken steps to build a position in this arena, while platforms including Kalshi and Polymarket are increasing their visibility via sponsorships with prominent athletes and long-term league agreements. However, a rising number of legal actions and enforcement measures from state and gaming regulators, alongside inconsistent federal decisions, has resulted in ambiguous compliance requirements. Rasmus Sojmark, CEO and founder of SBC, stated: “Prediction markets are set to be a defining feature of the American market by 2026. However, operating in the ambiguous zone between financial trading and conventional betting is generating significant uncertainty for the industry. This forum will assemble the key figures shaping this field to assist the sector in anticipating future developments.” The forum will commence with the introductory session, Prediction Markets 101. Presenter Dan Zucker (president, Zucker Media Group) will outline the progression of event contracts from their origins in 19th-century economic hedging to their current status as a vertical with billion-dollar potential. He will also clarify the mechanics of prediction markets, the reasons for their rapid expansion, and the implications of their ascent for the contemporary gambling environment. Over the past year and a half, several major US operators have ventured into prediction markets. In the session titled How Sportsbooks Are Entering the World of Event Contracts, specialists Dr. Laila Mintas (CEO, Dr. Mintas Consulting), David Huffman (COO, Sporttrade), and Dustin Gouker (founder, The Closing Line) will explore the methods and motivations behind the expansion of the region's leading operators and assess the potential strategic importance of partnerships on a state-by-state basis. The discussion panel, A Question of Compliance and Integrity, will focus on the US regulatory and compliance hurdles for prediction markets. Legal expert Dan Wallach (Partner, Wallach Legal) will review the regulatory structure for event contracts and talk about the litigation initiated by states and land-based gaming organizations, as well as the compliance issues operators encounter. In a forward-looking session, What’s the Future of Futures?, the long-term effects of prediction markets on the betting industry will be considered. Panelists Ilya Beylin (associate professor, Seton Hall University School of Law), Robin D Hanson (associate professor, George Mason University), and Chris Gerlacher (senior political reporter and industry analyst, Prediction News) will talk about the possible outcomes of Supreme Court examination and the future prospects for land-based operators who oppose prediction markets versus online sportsbooks looking to adopt them. This subject will also be covered on the Leaders Stage in the panel The Current State of Prediction Markets in the US. Authorities Joshua B. Sterling (partner, Milbank) and Alex Kane (CEO, Sporttrade) will analyze the development of prediction markets throughout North America and the reactions of operators, regulators, and investors to the fast-paced changes. The Prediction Markets Forum is a component of the two-day conference schedule for SBC Summit Americas. In addition to the Breakout Stage, attendees have access to sessions on sports betting and casino, payments and technology, regulation and compliance, affiliation, leadership, and player protection throughout North and Latin America. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Vanderpump Hotel Las Vegas Now Accepting Reservations iGame

Vanderpump Hotel Las Vegas Now Accepting Reservations

(AsiaGameHub) - The property previously known as The Cromwell Hotel is set to launch in May. US.- Caesars Entertainment has revealed that booking is now available for The Vanderpump Hotel, situated on the Las Vegas Strip. The renovated venue, previously operating as The Cromwell Hotel, is scheduled to debut in May. Situated at the intersection of Las Vegas Boulevard and Flamingo Road, the property features 188 guest rooms and suites curated by television personality Lisa Vanderpump alongside her business associate Nick Alain. Amenities include a 40,000-square-foot casino, a lobby bar, a lounge within the casino, GIADA restaurant, a 65,000-square-foot resort-style pool, venues for events, and a Caesars Sportsbook. Vanderpump currently operates the Vanderpump Cocktail Garden at Caesars Palace, Vanderpump à Paris at Paris Las Vegas, and the newly launched Pinky’s by Vanderpump located at Flamingo Las Vegas. She stated: “Transitioning from a restaurateur to a hotelier and collaborating with Caesars Entertainment on yet another exceptional venture has been an incredibly thrilling journey for me. We aimed to design rooms that serve as a genuine sanctuary, offering a peaceful haven mere steps away from the vibrant energy of the casino. The accommodations are both stunning and tranquil.” In recent news, Caesars Entertainment marked the debut of the Caesars Race & Sportsbook at The Resort at Summerlin. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Caesars Entertainment commences pre-registration in Alberta iGame

Caesars Entertainment commences pre-registration in Alberta

(AsiaGameHub) - The Canadian province is preparing to launch a regulated online gaming market. Canada.- Caesars Entertainment has opened pre-registration in Alberta ahead of the anticipated launch of regulated online gaming in the Canadian province. Alberta began accepting igaming registrations from interested operators and service providers in January. Entering the market requires a two-step process: applicants must first register with the AGLC to obtain regulatory approval, then work with the Alberta iGaming Corporation (AiGC) to complete commercial contracts. The process also mandates integration with the AGLC’s centralised self-exclusion programme. The Alberta iGaming Corporation (AiGC) has revealed a partnership with the Responsible Gambling Council (RGC) that will require all online gaming sites entering the Canadian province’s regulated market to hold RG Check accreditation. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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MelBet is Saving Bees? Launch of the MELBET NECTAR Initiative in Côte d’Ivoire iGame

MelBet is Saving Bees? Launch of the MELBET NECTAR Initiative in Côte d’Ivoire

(AsiaGameHub) - MelBet has launched the NECTAR project in Côte d’Ivoire, a sustainable beekeeping effort created to back rural communities, protect biodiversity, and spur local economic growth. Press release.- It’s well-known that the igaming brand MelBet is steadily growing its footprint across African markets. This extends beyond its products and the MelBet Partners & Affiliates program, and also encompasses social initiatives. In 2026, MelBet is lending a hand to protect bees. That is precisely what this project focuses on. MelBet has rolled out the NECTAR project in Côte d’Ivoire. This corporate social responsibility effort is targeted at advancing sustainable beekeeping, backing rural communities, and safeguarding biodiversity across the region. At times, the most impactful ideas are rooted in straightforward logic, and this project is a perfect illustration of that. Instead of providing one-off support, the company has created a framework where participants get more than just financial aid. This project is meant to contribute to the region’s economic and social progress. The MELBET NECTAR program integrates education, infrastructure, technical support, and the establishment of a steady income stream. There was a deliberate choice to select Côte d’Ivoire and the beekeeping industry as the foundation for the NECTAR project. This is a nation where environmental and social hurdles are closely linked to agriculture and the welfare of local communities. Under these circumstances, beekeeping is not just a standalone agricultural activity. It also serves as a critical tool for bolstering the local economy. Bees play a vital role in pollination, which directly impacts crop yields, farmers’ earnings, and the long-term sustainability of entire regions. The NECTAR project is structured around several key focus areas, each targeting a distinct need: Training in beekeeping practices and fundamental business management. Setup of 50 modern beehives. Distribution of 10 sets of professional protective gear for the apiary. Continuous technical support and mentorship. Development of the apiary into a reliable, sustainable income source. A representative for the igaming brand shared: “We have discussed on multiple occasions the importance of our partners, the value of in-person communication, and genuine engagement with communities. This initiative is a natural extension of that strategy. With the launch of this project, we have not only grown closer to the local audience but are also making a lasting, meaningful impact that will be evident for years to come.” The project is placing special emphasis on including women. This is not just about creating jobs. It also centers on long-term impact and the growth of local communities. In Côte d’Ivoire, women are far more likely to reinvest their earnings into family necessities, education, and healthcare, while the structure of beekeeping allows them to balance this work with their daily responsibilities. This adds greater social depth to the project and positions it as part of a wider sustainable development framework. Targeted metrics for the NECTAR initiative are as follows: 50 modern beehives. 500 square meters of vegetated area to support pollination. Up to 2,000 kilograms of high-quality honey annually. A 125% boost to the apiary’s production capacity. Projected annual farm revenue of 3,125,000 FCFA. The official launch event for the project was held on February 26 in Abidjan. The gathering took place at a themed venue decorated in the company’s official brand colors. The presentation was attended by representatives from local government, business owners, agricultural sector members, community organizations, influencers, and media outlets. The launch of MELBET NECTAR garnered a strong reaction and quickly transcended its local scope, emerging as a prominent topic in both public and media circles. The project was featured by five of Côte d’Ivoire’s leading media outlets, including Abidjan.net. Total audience reach topped 500,000 web users and over 5,800,000 users across social media platforms, further underscoring the importance of MELBET NECTAR for communities across the continent. The NECTAR project has emerged as a key milestone in the expansion of social initiatives across Africa. It serves as a powerful example of how support for local communities can be built not on empty promises, but on simple, practical, and truly impactful actions for the region. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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GR8 Tech’s CEO Named CEO of the Year for Second Year in a Row iGame

GR8 Tech’s CEO Named CEO of the Year for Second Year in a Row

(AsiaGameHub) - Oleksandr Feshchenko, GR8 Tech's chief executive, has been recognized as Global CEO of the Year 2026 by European CEO magazine. This marks his second consecutive year receiving this esteemed award within the technology sector. In a unanimous decision by the judging panel, European CEO magazine has once again bestowed the title of Global CEO of the Year 2026 in the Technology Industry upon Oleksandr Feshchenko, GR8 Tech's chief executive officer, for the second year running. The award acknowledged Feshchenko's leadership, which the panel highlighted as exceptional across three key areas: His proven ability to translate technological strategies into commercially scalable results; His dedication to constructing an organization built for longevity, not merely short-term performance; And his continuous commitment to investing in people and culture, viewing them as fundamental business drivers rather than secondary considerations. According to the panel, what set Feshchenko apart from a strong field of competitors was the synergistic combination of these three attributes. While individual strengths are often found among CEOs, such consistent excellence across strategy, execution, and organizational well-being is uncommon. Under Oleksandr Feshchenko's guidance, GR8 Tech has evolved into a prominent supplier of technology solutions for the iGaming industry. The panel characterized their approach as forward-thinking, yet without compromising operational rigor. Oleksandr Feshchenko commented: “To receive this recognition for two consecutive years is profoundly meaningful. However, one lesson I've learned is that success poses the greatest risk when it leads to complacency. This accolade is as much for the GR8 Tech team as it is for me, and its true effect is to elevate our standards. The technology sector is constantly evolving, and so are we. We are working towards many significant goals, and that remains our unwavering focus.” European CEO magazine bestows the Global CEO of the Year award annually, following a comprehensive assessment of international nominees from diverse industries. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Caramelo Sortudo takes the lead as Amusnet brings story, spirit, and celebration to SiGMA South America iGame

Caramelo Sortudo takes the lead as Amusnet brings story, spirit, and celebration to SiGMA South America

(AsiaGameHub) - Amusnet is displaying its gaming lineup at SiGMA South America, highlighting the well-loved Caramelo Sortudo title and marking its 10th anniversary in Brazil under the “Winning Together” theme. Press release.- Amusnet arrives at SiGMA South America not just to participate, but also as a storyteller, bringing along a narrative that first gained traction at SBC Rio—where the hero Caramelo Sortudo first captured the spotlight. In Brazil, where football, fortune, and folklore are deeply intertwined, Caramelo Sortudo feels less like a game and more like a character straight from the streets. It symbolizes charm, resilience, and unexpected victories. After stealing the show in Rio, this beloved stray-turned-star takes centre stage once again in São Paulo, anchoring Amusnet’s presence with a familiar wink and a promise: luck can come from anywhere. Surrounding Caramelo is a vibrant portfolio that reflects Amusnet’s growing influence in the Latin American market. Titles like 20 Golden Coins, Crazy Red, and Candy Palace bring color and energy, while Coin Gobbler, Roman Coins, and Clover Super Pot add layers of excitement rooted in classic mechanics with modern twists. Adventures continue with 20 Pirate Bombs and 27 Eternal Hot, and Latin Heart and Hot Deco Super Pot echo the region’s unique rhythm and flair. Then there’s a bold evolution—Caramelo Sortudo, Crash Edition. The same beloved character, reimagined for a faster, more dynamic experience, proves that even icons can reinvent themselves. Beyond slots, Amusnet’s broader portfolio comes to life. The Golden Coins Link and Bonus Platform showcase the company’s technological backbone. These tools are designed not just to entertain, but to boost engagement and retention. Meanwhile, the live casino offering delivers a new level of immersion. From the glamour of Vegas Roulette 500x and Dynamic Roulette 120x to the high-stakes allure of Eye of Ra Roulette 2000x and the spectacle of Showtime Roulette 500, every spin feels like a performance. Innovation extends further into the virtual realm, where Virtual Monaco 72x, Virtual Space 120x, and Virtual Vegas 500x transport players into fast-paced, visually striking environments, bridging the gap between gaming and simulation. And then there’s football, the heartbeat of Brazil. Amusnet taps into this universal passion. The thrill of a last-minute goal is reflected in Golden Goal Roulette—unpredictability, tension, and celebration are all there, reimagined through gameplay that mirrors the sport’s emotional highs. Tying it all together is the powerful message of Amusnet’s 10th Anniversary, celebrated throughout the year: “Winning Together”. More than an anniversary, it’s a statement of trust and partnership, marking a decade of growth while reinforcing Amusnet’s commitment to the markets it enters. In São Paulo, this message resonates, supported by engaging activations like tablet-based prize experiences that turn visitors into participants in the story. The company said: “At SiGMA South America, Amusnet presents products but also creates a world where characters like Caramelo Sortudo lead the way, where technology and emotion intersect, and where every game contributes to a larger narrative.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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New US bill suggests a ban on sports prediction market contracts iGame

New US bill suggests a ban on sports prediction market contracts

(AsiaGameHub) - The Prediction Markets Are Gambling Act seeks to bar any entity registered with the CFTC from offering contracts that closely mimic sports bets or casino-style games. U.S. — A new bipartisan bill introduced in the U.S. Congress would prohibit any CFTC-registered entity from listing contracts that closely resemble sports bets or casino-style games. The legislation, titled the Prediction Markets Are Gambling Act, was put forward by Senators Adam Schiff (D-California) and John Curtis (R-Utah). Its sponsors describe the bill as “the first bipartisan measure aimed at regulating prediction markets.” It would amend the Commodity Exchange Act to include amateur, collegiate, and professional sports, and its text clarifies that it will not override any state laws or rules that regulate or ban such games. Schiff and Curtis argue that for 15 years, the CFTC enforced rules banning entities from listing gambling-related contracts—yet the agency has since “abruptly reversed course,” intervening in litigation and loosening its enforcement. The CFTC also took part in a memorandum of understanding with Major League Baseball, which named Polymarket its official prediction market exchange on March 19. Senator Schiff stated: “Sports prediction contracts are just sports bets with a different name. Yet these contracts have been offered in all 50 states, clearly violating state and federal law. Instead of enforcing the law, the CFTC is greenlighting these markets and even promoting their growth. It’s time for Congress to step in and close this loophole, which undermines state consumer protections, infringes on tribal sovereignty, and generates no public revenue. I’m proud to partner with Senator Curtis to end these illegal markets.” Curtis added: “Too many young people in Utah are being exposed to addictive sports betting and casino-style gaming contracts—products that belong under state control, not federal regulators. Our bipartisan legislation clarifies regulatory authority, ensuring states can keep their power over sports betting and casino gaming. The Prediction Markets Are Gambling Act is about respecting state authority, protecting families, and keeping speculative financial products out of places where they don’t belong.” The American Gaming Association (AGA) called the bill’s introduction “a critical step in reaffirming Congress’s intent that all gaming—including sports betting—is not a federal commodity and is governed by state and tribal law.” The AGA further noted it “strongly supports this bipartisan effort, led by Senators Schiff and Curtis, to uphold state and tribal sovereignty and protect consumers by ensuring sports and gambling-related contracts are prohibited.” A bill in the Vermont House of Representatives, sponsored by Rep. Thomas Stevens (House Bill 913), proposes banning certain event contracts—covering prediction markets tied to sports, contests, individuals, politics and campaigns, disasters, war, all-hazards, or death. In New Jersey, Senate President Pro Tempore Shirley K. Turner’s S-3692 seeks to ban unregulated prediction markets in the state, while Rep. Scot Matayoshi has introduced House Bill 2198 in Hawaii. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Estonian Official Fired Over Casino Tax Mistake to Sue iGame

Estonian Official Fired Over Casino Tax Mistake to Sue

(AsiaGameHub) - Piia Schults, a seasoned advisor at the Riigikogu Chancellery, intends to contest her termination due to a drafting mistake related to Estonia’s Gambling Tax Regulation. The drafting error took place when Parliament approved the regulation in December 2016, accidentally removing taxes on the online casino industry for the 2026 property tax year—an oversight expected to cause an estimated €4 million shortfall in state revenue. Piia Schults told ERR: I will definitely challenge this decision. Regrettably, this ultimately comes down to a matter of values. The mistake was truly terrible, and I’m deeply shaken by it, but it’s the first such incident in my entire career. In fact, this isn’t just a career for me—it’s a mission. With over 30 years of service in Parliament, Schults argues that her dismissal was unjustified and is working with her legal team to pursue legal action. The lawsuit will help clarify legal responsibility in similar situations. Riigikogu Chancellery Director Antero Habicht commented: Taking all circumstances into account, this step was unavoidable and necessary; a trust-based working relationship could no longer be maintained. Based on current information that the official will turn to the courts to defend her rights, we do not believe it’s appropriate to comment further publicly. As a rule, issues are discussed confidentially and handled verbally. We will not comment on any prior mistakes in this case. Schults acknowledges the seriousness of the mistake but notes it’s the first occurrence of its kind in her career. Describing the situation, she says it has been extremely difficult to endure; however, she has decided it’s her duty to take the matter to court to defend herself and to provide clarity on how similar cases can be adjudicated. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Soft2Bet Secures Finalist Spots in Three Categories at SBC Awards Europe

(AsiaGameHub) - Soft2Bet has been nominated as a finalist in three distinct categories at this year’s SBC Awards Europe. These nominations acknowledge various facets of the company, including its robust platform, innovative products, and gamification strategies, all of which have significantly contributed to its success in key European markets. This recognition follows a year of remarkable achievements and consistent growth for the company. Soft2Bet has been nominated in the Acquisition & Retention Partner category for its in-house Motivational Engineering Gaming Application (MEGA). Additionally, the company is a contender for Platform Provider of the Year. Furthermore, MEGA Clawee, a digitally enhanced claw machine game offering an online gaming experience and part of the MEGA family, has been shortlisted for Industry Innovation of the Year. Soft2Bet's performance data from Europe serves as evidence of its effective approach. Over the past year, the company has seen substantial growth in EBITDA, sportsbook revenues, and an overall expansion of its brand portfolio. These results underscore the strength of Soft2Bet’s performance-driven B2B model. The company utilizes gamification powered by MEGA, product innovation, compliance, and localization as its primary growth engines, enabling continued development even amidst intense competition and market saturation. The nomination for Platform Provider of the Year highlights the exceptional features of Soft2Bet’s platform. This platform is a seamlessly integrated suite of components, encompassing player account management, payment processing, CRM and segmentation, bonuses and loyalty programs, risk control, and gamification, all managed centrally. Designed with a mobile-first philosophy and a unified backend, the platform empowers operators to launch their businesses swiftly, adapt their offerings to local market preferences, and manage casinos and sportsbooks with enhanced control. Regarding gamification, MEGA Clawee provides an engaging online remote-controlled claw machine experience, skillfully blending elements of skill with immediate rewards, thereby fostering strong player retention. Harrison Barrett, VP of Business Development at Soft2Bet, stated, Being shortlisted in three categories at SBC Awards Europe is a significant validation of our efforts. Our focus is on providing operators with a high-performing platform, effective local execution, and product experiences that encourage player loyalty. MEGA plays a crucial role in this, helping to convert engagement into increased retention and long-term value. Soft2Bet’s shortlisting reflects its strong commercial performance, continuous product innovation, and industry recognition. It also emphasizes Soft2Bet’s commitment to its partners by equipping them with the platform technology and engagement tools necessary for sustained growth, enabling them to launch, localize, and scale their operator businesses effectively. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Sportradar Bolsters iGaming Approach by Introducing Playradar

(AsiaGameHub) - Sportradar is increasing its investment in the iGaming sector with the introduction of its new brand Playradar, which will merge sportsbook and casino content into a unified product for global operators. The new division seeks to provide a fully integrated gaming ecosystem by combining multiple verticals within a single session. Edo Haitin, former Playtech CEO and current EVP of iGaming, is leading the initiative. Playradar will concentrate exclusively on regulated markets, with its initial rollout including the UK, North America, and Latin America. Over the coming months, the brand plans to launch diverse content including classic table games, arcade-style games, slots, and virtual reality experiences. Additionally, all products will incorporate responsible gaming features and integrity measures. Carsten Koerl, Founder and CEO of Sportradar, commented: iGaming constitutes a natural and scalable expansion of our operations, representing a strategic acceleration of our long-term growth strategy. Playradar's content is engineered to optimize cross-selling between sports and casino verticals, enabling operators to enhance player value and extend session durations during a period when engagement and retention are critical for operational sustainability. With Edo at the helm, we have a seasoned and proven industry veteran to propel the business forward, supported by a committed and enthusiastic team. Haitin brings over two decades of gaming industry experience to his role as an iGaming specialist, positioning him to make substantial contributions to product development. The strategy involves merging live and archived sports data, audiovisual streaming, and casino content into a seamless, round-the-clock entertainment offering supported by a dedicated 24/7 operations center. Sportradar views Playradar as a logical progression that leverages the organization's existing expertise. The company plans to utilize its internal game development capabilities, sports data infrastructure, streaming technology, and worldwide distribution network to build visibility and draw in prospective clients. Furthermore, the company's marketing and player engagement solutions are expected to assist partners in boosting acquisition, retention, and overall player lifetime value. Recently, Sportradar has initiated its iGaming sector entry by establishing a presence in markets such as Brazil, using this as a launchpad for the major Playradar introduction. Haitin added: By leveraging our unparalleled expertise in sports data and live streaming, combined with a demonstrated history of product innovation, we intend to develop hybrid content and gaming experiences that tap into the growing trend of sports-casino convergence. Our unique position allows us to seamlessly integrate live and historical sporting events, cutting-edge gaming mechanics, and casino content, with the added benefit of distributing games to an existing network of licensed operators. I am tremendously enthusiastic about further bolstering our iGaming division through Playradar and establishing it as a premier iGaming content provider, capitalizing on Sportradar's current resources and our exceptionally talented and veteran team. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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IGT plans to reduce its global workforce by 10% through 700 layoffs iGame

IGT plans to reduce its global workforce by 10% through 700 layoffs

(AsiaGameHub) - Hector Fernandez, IGT’s Chief Executive Officer, said that about 700 employees will be let go, which is equivalent to roughly 10% of the firm’s overall global workforce. In his March 23 letter announcing the job cuts, Fernandez noted that the layoffs are not a result of subpar performance; rather, they “are necessary to align resources with business priorities and simplify operational procedures to better position us for future growth.” IGT CEO Hector Fernandez stated in the letter: When we gathered in December for our first company-wide town hall after I took on the role of incoming CEO, I mentioned we would act swiftly to assess our business and make choices to bolster it. Over the last few months, we’ve honored that promise. We looked into our areas of focus, our operational methods, and how our structure backs our strategy. As part of this assessment, we also had to make tough calls about how our organisation is structured, and this process has led to a hard but essential step. IGT has pledged to support employees facing job loss through several measures: offering severance pay, outplacement services, and help with transitioning to new roles. Those affected by the layoffs will get assistance from the company. It remains unclear which regions will have employees impacted, which of IGT’s business segments will be affected, and how much cost savings the company will realize from the job cuts. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Caesars initiates Alberta pre‑registration ahead of the regulated iGaming market

(AsiaGameHub) - Caesars is making its official debut in Alberta as the province moves toward establishing a regulated framework for online gaming. The Las Vegas-based company announced on Monday that Albertans interested in online gambling can now begin the pre-registration process. Furthermore, the operator has demonstrated its intent by submitting an application for an official license. This move positions the company as one of the early contenders ready to navigate a highly competitive landscape. Local residents aged 21 and older who enjoy betting or gaming can register ahead of the market's formal opening. Caesars intends to launch its complete digital suite in the province, featuring its primary Caesars Palace Online Casino brand along with Caesars Sportsbook & Casino and Horseshoe Online Casino. By utilizing multiple brands, the company aims to capture various market segments, a strategy it has already successfully implemented in Ontario and several U.S. jurisdictions. This approach allows the firm to address the specific preferences of different players simultaneously. While Caesars Palace and Horseshoe will serve as the primary casino platforms—offering a range of slots, table games, and live dealer options—Caesars Sportsbook will focus on sports betting while remaining integrated with casino offerings. The Alberta market is expected to be highly contested. Caesars is among more than 15 operators currently seeking licensure or preparing for entry as the province adopts a regulatory model similar to Ontario's. This transition represents a significant shift for the local industry. Regulators in Alberta have noted that a substantial portion of current online wagering occurs on offshore sites. Consequently, the shift to a regulated market is expected to favor licensed entities. Caesars' expansion comes at a time of record digital growth for the company, which recently reported an annual online turnover of nearly C$2 billion, driven largely by its North American iCasino operations. With the pre-registration phase now open and a full launch expected later this year, Caesars is working to secure a strong foothold in what is projected to become the second-largest regulated iGaming market in Canada. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Taiwan Indicts 10 People in Over $1 Billion Macau Casino Money Laundering Case iGame

Taiwan Indicts 10 People in Over $1 Billion Macau Casino Money Laundering Case

(AsiaGameHub) - Approximately ten individuals have been indicted in Taiwan for their involvement in a money-laundering operation linked to a Macau casino, involving nearly $1 billion. Filed by the Yunlin District Prosecutor’s Office under the Money Laundering Control Act, this case marks the first instance of a cross-border money-laundering operation utilizing casino chips. The operation involved transferring illicit gambling funds to individuals who then overpaid their credit card balances to artificially boost their spending limits. These cards were subsequently used in Macau to buy casino chips, which were converted into cash or foreign currency, frequently without any actual gambling taking place. Following an initial report by the Criminal Investigation Bureau in February, a March raid led to the arrest of roughly 20 suspects. Out of the total suspected laundered funds, officials have tracked approximately TWD 278 million (US $8.4 million) to specific persons and frozen TWD 230 million (US $7 million) in cash and bank accounts. Additionally, investigators identified around 85 credit cards linked to the scheme. This incident underscores the persistent risk associated with using casino chips and third-party intermediaries to obscure the origins of funds, which significantly complicates law enforcement efforts. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Polymarket Washington Event Halted by Technical Failures

(AsiaGameHub) - The promotional event for the prediction platform Polymarket in Washington, D.C. experienced significant disruption on Friday because of a technical malfunction that hindered the venue from operating as intended. The temporary venue, advertised as a state-of-the-art space featuring more than 80 screens, live tracking capabilities, and real-time prediction data visualization, was unable to deliver any of these amenities as the systems failed because of electrical and connectivity problems. Throughout the entire duration, the display screens remained off, preventing attendees from viewing social media streams, market information, or any live updates that normally constitute the experience. Nevertheless, the event drew a respectable turnout. The audience comprised journalists, investors, corporate executives, contractors, and general members of the public. Some participants were entirely new to the Polymarket platform and had hoped to familiarize themselves with it, but the technical breakdown deprived them of that opportunity. One attendee said: I came here because I'm fascinated by the concept. However, I believe the company is exploitative. This whole venture is destined to fail. Other participants discussed how having access to particular information can influence wagering tactics. Another attendee said: Occasionally, I make predictions about who will attend the Oscars. I have a contact who knows the attendees. The Washington event represented just one component of broader initiatives by Polymarket and rival Kalshi to translate their digital prediction platforms into physical experiences. Earlier this year, both firms collaboratively launched temporary public venues in New York City, where they engaged in various activities including distributing food through market-style kiosks. As prediction markets expand, they face increasing regulatory challenges. This week, Senator Chris Murphy and Representative Greg Casar proposed legislation that would, among other provisions, prohibit contracting on sensitive subjects such as warfare, terrorism, assassinations, and certain governmental decisions. This legislative move followed the appearance of extremely high-stakes trades connected to geopolitical developments, including forecasts of a U.S. military action before February 28. One individual reportedly profited over $500,000 from an accurate prediction, while another gained $123,317 from a separate outcome. Murphy said: It's undeniable that any prediction market where an individual has prior knowledge or control over the outcome is vulnerable to corruption. What's even more concerning is that prediction markets can become channels through which governmental decisions are swayed by those profiting from them, which should be intolerable to the American people. Other users didn't consider these concerns particularly grave. Some illustrated how casually they engage with the platform. For instance, Georgetown student EJ Jazzar mentioned that he frequently places small bets, and once even wagered on the weather, winning $50. Jazzar said: Last week, I placed a bet on the weather simply because I knew it would be cold. I suppose it's all about understanding your strengths and leveraging your knowledge. Having fun isn't against the law these days. The Washington event was built around the idea of "monitoring the situation," a term commonly used online to describe live event tracking. Even though the systems were nonfunctional, attendees continued arriving until the venue was forced to shut down early at 9 p.m. As attendees began to leave, one summed up the experience, saying: I just wanted to keep tabs on what was happening, man. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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NagaCorp reports $310 million profit in 2025 iGame

NagaCorp reports $310 million profit in 2025

(AsiaGameHub) - During the fiscal year ending 2025, NagaCorp Ltd achieved outstanding financial outcomes. The company‘s net profit soared to US$309.9 million when compared to a net profit of US$109.6 million in the fiscal year ending December 31, 2024. A major factor behind this profit growth was the absence of a non–cash impairment charge of US$89.1 million related to the firm‘s suspended Vladivostok project. Group revenue rose 26.2% year-over-year to US$709.7 million, while EBITDA jumped to US$404.4 million from US$202.8 million. Profitability metrics showed EBITDA margins reaching 57.0% and net profit margins climbing to 43.7%. NagaCorp will distribute an interim dividend of US$0.0109 per share, totaling US$48.3 million, which falls within the company’s 30% dividend policy for the second half of the year. This action reflects NagaCorp’s confidence in delivering returns to shareholders as it continues investing in growth and expansion projects, such as the proposed Naga 3 development, despite prior adjustments to its planned funding strategy. NagaWorld’s gross revenue increased by 27.4% to US$691.6 million in 2025. Mass-market table game revenues grew 27.2% to US$342.4 million, and electronic gaming machine revenues rose 13.5% to US$142.6 million. The growth in gross gaming revenue was attributed to a larger number of players and improved player win rates. The introduction of side bet features boosted NagaWorld’s gross gaming revenue, contributing approximately US$39 million in additional gross gaming revenue during 2025. Moreover, premium segments demonstrated strong momentum. High-limit mass gaming expanded its share of total mass table gaming revenue. NagaCorp’s VIP operations saw robust growth, with house-managed VIP revenues increasing from US$103.1 million in 2024 to US$136.2 million in 2025, marking a 32.1% rise. This growth in house-managed VIP revenues was primarily driven by higher rolling volumes among VIP players. Total referral VIP revenues surged 57.2% to US$70.4 million. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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New Jersey committee advances legislation to outlaw micro bets iGame

New Jersey committee advances legislation to outlaw micro bets

(AsiaGameHub) - Bill S-2160 aims to prevent sports wagering licensees from offering or accepting wagers on micro bets. US.- The New Jersey Senate’s Wagering, Tourism, and Historic Preservation Committee has approved a bill prohibiting sports wagering licensees from accepting micro bets. Sponsored by senators Paul Moriarty and Patrick Diegnan, with co-sponsorship from senators Turner and Burzichelli, S-2160 now advances to the Senate floor for a second reading. Following this, it may proceed to a third reading, undergo amendments, or be referred to a different committee. Under the bill, a micro bet is defined as a live proposition bet regarding the result of the immediate next play or action within a sporting event, such as predicting if the next baseball pitch will be a strike or if the upcoming football play will be a pass or run. Offenders could face penalties between $500 and $1,000. The legislation highlights that calls to New Jersey’s problem gambling helpline have surged by 277 per cent since the state legalised sports wagering in 2018. It references data suggesting that up to eight million individuals across the country are affected by problem gambling, and that 57 per cent of professional athletes engage in sports wagering. Senator Moriarty stated: “Micro betting presents various dangers to New Jersey and its citizens. These bets are more susceptible to manipulation than wagers on an entire game, particularly by insiders with foreknowledge of outcomes, which disadvantages ordinary players. Additionally, their addictive nature is heightened by short-term results and rapid payouts, allowing bettors to place many wagers quickly, fostering a cycle of impulsive and financially damaging gambling.” Diegnan remarked: “While gambling is inherently addictive, enticing players with endless betting chances during games makes micro bets far riskier. Micro bets allow gamblers to expend more time and money, a perilous path often resulting in addiction and severe financial hardship.” New Jersey bill on prediction markets In February, Senate President Pro Tempore Shirley K. Turner introduced S-3692, a proposal to prohibit unregulated prediction markets within the state. This bill also mandates that any markets related to athletic events must comply with the state’s current sports betting regulations. Furthermore, the legislation seeks to implement consumer protection standards, anti-fraud protocols, and transparency measures, while granting the Attorney General the authority to pursue injunctive relief and civil penalties against operators found in violation of the law. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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New Hampshire sports betting handle drops in February iGame

New Hampshire sports betting handle drops in February

(AsiaGameHub) - The handle fell by 22.6 percent from January’s figure. United States – New Hampshire’s sports betting handle amounted to $70.4 million in February, a 22.6 percent decrease from January’s $90.9 million. Gross gaming revenue (GGR) hit $10.5 million, nearly unchanged from January’s $10.6 million, while the hold rate rose to 14.9 percent. According to the New Hampshire Lottery, mobile sports betting generated a handle of $65.3 million and GGR of $9.2 million, while retail sports betting produced $5.1 million in handle and $1.2 million in GGR, with a hold rate of 24.4 percent. For the current fiscal year (July 2025 to February 2026), the total combined handle stood at $641.5 million, with GGR at $76.1 million. Approximately $33.4 million was remitted to the state as revenue share. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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