SBC Summit Americas to Host Forum on Growing Prediction Markets in US Sports Betting iGame

SBC Summit Americas to Host Forum on Growing Prediction Markets in US Sports Betting

(AsiaGameHub) - SBC Summit Americas is set to launch a dedicated Prediction Markets Forum, which will dive into one of the fastest-growing and most hotly debated verticals within U.S. sports betting. Scheduled for Thursday, 11 June as part of the Breakout Stage, this forum will gather operators, legal experts and industry analysts to look into the growth of prediction markets, the ways sportsbooks are entering this space, and the regulatory and integrity challenges that are defining its future. The four-session lineup will be chaired by Patrick Everson, a sports betting analyst and contributor for FOX Sports. The recent boom in prediction markets can be traced directly to the 2024 presidential election, which pushed event contracts into the mainstream. Since that election, DraftKings, FanDuel and Fanatics have all taken steps to build a presence in this space, while platforms including Kalshi and Polymarket continue to grow in prominence via high-profile athlete sponsorships and multi-year league partnerships. However, a rising tide of lawsuits and enforcement actions from state and gaming regulators, paired with conflicting federal court rulings, has left compliance requirements far from straightforward. “Prediction markets will shape the U.S. market in 2026. But navigating the gray area between financial trading and traditional sports betting is creating tangible uncertainty for this industry,” said Rasmus Sojmark, CEO and founder of SBC. “This forum will bring together the leaders who are building this space to help the sector understand what lies ahead.” The forum will open with the introductory session, Prediction Markets 101. Dan Zucker, President of Zucker Media Group, will walk through how event contracts evolved from 19th-century economic hedging into a potential billion-dollar vertical. Along the way, he will break down how prediction markets actually operate, why their growth has accelerated so rapidly, and what their rise means for today’s gambling landscape. Over the past 18 months, a number of major U.S. operators have expanded into the prediction markets space. During the session, How Sportsbooks Are Entering the World of Event Contracts, experts Dr. Laila Mintas (CEO, Dr. Mintas Consulting), David Huffman (COO, Sporttrade), and Dustin Gouker (Founder, The Closing Line) will analyze how and why the region’s biggest operators are making the move and whether state-by-state partnerships could prove essential in their strategy. The panel, A Question of Compliance and Integrity, will address the regulatory and compliance challenges facing prediction markets in the U.S. Legal specialist Dan Wallach (Partner, Wallach Legal) will examine the regulatory framework governing event contracts and discuss the lawsuits brought by states and land-based gaming groups and the compliance challenges facing operators. Looking ahead, What’s the Future of Futures?, will examine the long-term impact of prediction markets on the betting industry. Speakers 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 discuss the potential consequences of Supreme Court scrutiny and what the future may hold for land-based operators opposing prediction markets and online sportsbooks seeking to integrate them. The topic will also be covered on the Leaders Stage during the panel “The Current State of Prediction Markets in the US.” Experts Joshua B. Sterling (Partner, Milbank) and Alex Kane (CEO, Sporttrade) will examine how prediction markets are evolving across North America and how operators, regulators, and investors are responding to the rapidly changing landscape. The Prediction Markets Forum forms part of SBC Summit Americas’ two-day conference programme. Alongside the Breakout Stage, delegates can attend sessions covering sports betting and casino, payments and technology, regulation and compliance, affiliation, leadership, and player protection across North and Latin America. Secure Your Ticket to SBC Summit Americas: VIP Pass – Our VIP Passes are available for just $700. You’ll have access to the full conference agenda, show floor, complimentary food at our Food Festival and our evening networking events! Expo+ Pass: Includes access to the expo floor and all conference sessions (does not include access to evening networking events). Get Your Expo+ Pass at $95. Complimentary Operator & Affiliate Passes: Operators and affiliates can apply for free passes for SBC Summit Americas, subject to approval. Apply for Your Complimentary Operator Pass | Apply for Your Complimentary Affiliate Pass. 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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Global crypto betting company BC.Game confirms new CEO iGame

Global crypto betting company BC.Game confirms new CEO

(AsiaGameHub) - BC.Game has named Kar Kheng Giam as its new Chief Executive Officer, entrusting him with the significant responsibility of guiding the crypto betting brand's often-debated strategic direction. Giam, known as "KK," previously held a position at Coyote Bioscience, a biotechnology research firm based in Beijing that focuses on AI, big data, reagents, and system platforms. He served as Vice President – International at the company from 2021 to 2023, followed by a consultancy role from 2023 to 2025. His initial venture into the gaming and entertainment sector occurred in 2012 when he co-founded both Topgame and Tinymobi. These mobile game development firms, based in Beijing and San Francisco, created casino and social games, such as slots-style offerings. This background likely drew the interest of BC.Game, a company focused on crypto and technology. “BC.Game has cultivated a robust global community through the integration of innovative technology and captivating entertainment experiences,” Giam commented. “I am enthusiastic about assuming this position during a period of considerable opportunity for the company. Given the rising demand for transparent, user-centric platforms and the increasing embrace of crypto in online gaming, we are strategically positioned for global expansion. “My primary objective will be to reinforce our presence in regulated markets, improve the platform experience, and consistently foster trust among our users.” Numerous Factors to Address Giam assumes leadership at BC.Game during a pivotal moment for both the nascent and largely unregulated crypto betting sector, as well as for the broader betting and gaming industry. Increased taxation in Europe and Latin America is considerably impacting the conventional, fiat-based betting market. Regulatory landscapes are also evolving, with national bodies such as the UK Gambling Commission (UKGC) and the Dutch KSA showing heightened vigilance towards unlicensed activities. Within the UK, BC.Game is primarily recognized for its football sponsorships, notably serving as the official front-of-shirt sponsor for EFL Championship club and 2015/16 Premier League champions Leicester City FC. Nevertheless, the widespread presence of unlicensed betting firms in English football has generated controversy. Companies such as BC.Game pursue partnerships in English football because of its global appeal, supporting their marketing goals in regions like Asia, Africa, and other territories. The UK government, however, appears poised to prohibit unlicensed sponsors from British sports, with a consultation currently underway. This development could potentially conclude BC.Game’s collaboration with Leicester, although it remained uncertain whether the two parties planned to extend their agreement beyond the current season. Furthermore, uncertainties persist regarding BC.Game’s operational framework and long-term viability. The company held a Curaçao license for an extended period, but following a legal disagreement with the local regulator and reports of bankruptcy in 2024, it has since obtained a license from the Indian Ocean island of Anjouan. The appointment of a new CEO, particularly one with Giam's extensive experience in the technology sector, indicates BC.Game's strong confidence in having navigated these challenges successfully. Recently, the company has focused on expanding into Africa, exemplified by securing licenses and sponsorship agreements in Kenya last year. It is also presumably monitoring discussions concerning the potential for regulated crypto betting, for instance in Estonia, with considerable interest. 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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JOI Gaming Quickly Addresses Dutch Darts Promotion Violation iGame

JOI Gaming Quickly Addresses Dutch Darts Promotion Violation

(AsiaGameHub) - The Dutch gambling regulator has once again targeted JOI Gaming, which operates the Jack’s Casino brand. Kansspelautoriteit (KSA) disclosed that it reached out to the company regarding a marketing violation highlighted in an anonymous tip, which alerted the regulator to a Jack’s Casino advertisement appearing on the Professional Darts Corporation (PDC) website. According to the KSA, although the logo placement itself isn't the main problem, JOI Gaming violated regulations because clicking the logo redirected users to the Jack’s Casino online platform. This constitutes a direct breach of the Netherlands' domestic gambling regulations, which forbid both untargeted iGaming advertising and sports sponsorships by online gambling operators. These provisions were launched in July 2025 as part of a broader reform initiative to revise the Remote Gaming Act (KOA), a process that remains ongoing. The legislative changes also prohibit the use of influencers for gambling promotion—a restriction JOI Gaming has previously violated. In December, the company received a €400,000 penalty (£346,000) for an offense from 2023 that occurred during a major motorsports event. On this occasion, the KSA noted that JOI Gaming promptly adhered to the warning by removing the link from the PDC site, which may prevent further regulatory measures. The entire issue could have been prevented had JOI adopted the same approach it uses in unlicensed markets such as the UK. Customers in the UK can freely visit the PDC website, where the Jack’s Casino logo appears in the Partners section. However, since neither Jack’s nor JOI currently holds a license from the UK Gambling Commission (UKGC), clicking the logo simply returns users to the PDC website. 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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Opinion: Education Is Crucial as the Manosphere Threatens to Lure a New Audience Towards the Black Market iGame

Opinion: Education Is Crucial as the Manosphere Threatens to Lure a New Audience Towards the Black Market

(AsiaGameHub) - Louis Theroux’s in-depth investigation into the ‘manosphere’ and contemporary media consumption habits has highlighted a troubling strategy used by unregulated operators to attract a fresh audience to their sites. While the bulk of his new Netflix documentary examined the perspectives of four prominent influencers within this controversial movement, the film also featured several clips displaying the branding of gambling firms Stake and Rainbet. These clips and live streams are essential for maintaining engagement within the manosphere, attracting millions of views from a younger, more impressionable demographic across various social media channels. A significant aspect of this engagement is that these broadcasts often provide these viewers with their initial introduction to gambling. While the regulated industry implements safeguards to protect adolescent males, the unlicensed market aggressively targets their interest. HSTIKKYTOKKY just landed a massive 4x HUGE REDS win while ice fishing, taking home a significant sum... #stake #hstikkytokky pic.twitter.com/EJN94dBo96 — Soneclip (@soneclips) December 13, 2025 Both companies have gained a reputation for finding ways to ensure their logos are prominently displayed on social media, regardless of the nature of the associated content. Last year, Stake confirmed its departure from the UK market following a controversial promotional stunt involving adult film star Bonnie Blue at a British university. The manosphere has seen a surge in popularity in recent years, driven by figures such as Andrew and Tristan Tate, Jordan Peterson, and HSTikkyTokky—one of the central subjects of the documentary—who have collectively amassed millions of followers. At the heart of this movement are highly contentious views regarding the roles of men and women in society, which are regularly broadcast across social media platforms. This often manifests as misogynistic, racist, and homophobic rhetoric that is subsequently adopted by young, impressionable audiences. Louis Theroux: Inside The Manosphere arrives on March 11. For his debut feature-length documentary on Netflix, Louis visits Miami, New York, and Marbella to interview the influencers and creators driving the Manosphere movement.— netflix⁷ (@netflix) February 25, 2026 Despite these controversies, manosphere influencers are increasingly moving into influential circles, particularly in the United States. For instance, Donald Trump Jr, son of US President Donald Trump and a Strategic Adviser for Kalshi, has been seen in the company of Andrew Tate. The fact that even the most disreputable segments of the gambling industry are linked to these figures should be a major concern for the rest of the sector. Industry experts are aware that Stake and Rainbet operate within the black market, which carries significant implications for player safety and overall credibility. However, the typical viewer watching the documentary or encountering manosphere content on social media may simply view gambling as an inherent component of the movement. Studies across various regions have indicated that users of the black market are often unaware that they have moved away from the licensed sector. This highlights that the target demographic for unlicensed operators is no longer just the most vulnerable individuals; they are now aiming to ensure that many people's first experience with gambling occurs on unlicensed platforms. This represents a serious concern, as it suggests a potential shift in gambling culture for the next generation. As the regulated gambling industry faces ongoing pressure from activists and legislators regarding its reputation, it is now vital for the licensed sector to actively promote the advantages of the regulated market. The industry has frequently discussed the need to combat the black market, especially as the financial costs of operating legally continue to rise, yet there has been little concrete action so far. If consumers are unaware that a black market even exists, how can they be expected to remain within legal boundaries? Operating within a credible, licensed market should be considered a mark of integrity. As the distinction between legal and illegal sectors continues to fade, it is the responsibility of licensed operators to educate the public. 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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Report: Grupo Codere engages advisors for potential sale of over $2 billion iGame

Report: Grupo Codere engages advisors for potential sale of over $2 billion

(AsiaGameHub) - Grupo Codere has allegedly hired Jefferies and Macquarie Capital to provide advisory services for the company’s planned $2.3 billion sale. Spanish business publication Expansion, through Reuters, reported on Wednesday that though the sale remains in its early phases, non-binding indicative bids are due by mid-May, and binding offers are anticipated in early July. A finalized deal is expected to be targeted prior to August. iGaming Expert has contacted Codere seeking comment regarding the reported sale and the appointment of Jefferies and Macquarie Capital as advisors. Codere operates both land-based and iGaming services across Europe and Latin America in regulated markets including Spain, Italy, Argentina, Mexico, Panama, Colombia, and Uruguay. The report further noted that the transaction will encompass the group’s digital division, Codere Online. The gaming operator is owned by roughly 84 investment funds, with Davidson Kempner serving as its largest shareholder holding a 13.3% stake. This ownership setup has remained in place since 2024, when a debt-for-equity swap transferred control of Codere from the founding Martinez Sampedro family. Codere has faced a turbulent 12 months, as its online division was at risk of being delisted from the Nasdaq Stock Market in May of the previous year after it missed the deadline to file its Form 20-F for the fiscal year ending December 31, 2024. Within the following month, after fulfilling the stock exchange’s listing criteria, Codere Online successfully regained compliance with Nasdaq following the submission of the required form to the US Securities and Exchange Commission. For the fourth quarter of 2025, Codere Online announced a 15% rise in revenue, jumping from €52.7 million to €60.7 million, alongside quarterly and annual growth in active player counts: a 13% increase for the full 2025 year and a 20% uptick in Q4. Aviv Sher, Chief Executive Officer of Codere Online, stated: “In the fourth quarter of 2025, our net gaming revenue hit €60.7 million, which stands as the highest quarterly total in the company’s history. “This growth was primarily fueled by Mexico, where our net gaming revenue rose 31% following a 43% increase in our active customer base in the nation. In December, we reached a milestone of 100,000 active players in the country, putting us in a strong position for the upcoming summer World Cup.” Codere Online projects net gaming revenue of €235 million to €245 million and adjusted EBITDA ranging from €15 million to €20 million by the end of 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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Code Isn’t Sufficient: What Truly Defines iGaming SaaS Platforms iGame

Code Isn’t Sufficient: What Truly Defines iGaming SaaS Platforms

(AsiaGameHub) - As AI continues to transform the software landscape, some voices in the tech industry are now questioning whether SaaS platforms are growing increasingly interchangeable. The common reasoning goes: if code can be generated extremely quickly, platforms are just products that can be copied at will. But in iGaming, where systems operate in regulated real-money environments, platforms carry responsibilities that extend far beyond the underlying code itself. Daniel Heywood, CEO at NuxGame, shares his perspective on this topic. Drawing on NuxGame’s experience as an iGaming software provider, he explores what truly sets mature industry platforms apart – years of hands-on operational learning, deep in-depth industry expertise, and strong connections across the entire iGaming ecosystem. iGaming Expert: Most current debates around AI and software assume that SaaS platforms are nothing more than collections of easily reproduced code. Is it misleading to frame iGaming SaaS platforms as interchangeable software products? Daniel Heywood: Yes, it is misleading, because in iGaming code is only the visible top layer. The real strength of a SaaS platform comes from the operational architecture built behind it. A full-fledged serious iGaming platform holds thousands of business rules: how payments perform under high traffic load, how KYC escalations are managed mid-session, how fraud signals interact with bonus mechanics, and what structure regulators require for compliance reporting. At NuxGame, for example, payment systems, compliance checks, and player protection controls are tightly integrated. If unusual activity is detected, the platform can trigger additional verification, adjust risk parameters, and log all relevant compliance data. That level of cross-system coordination is not something you can recreate just by developing new software from scratch. We see this same pattern in fintech. Many companies can now build a working payment app with AI tools, but very few can operate compliant infrastructure that meets the requirements of regulators and banks. Think of SaaS in regulated industries as an airport air traffic control tower. Any organization can buy planes. The critical, hard-to-replicate part is the control system that keeps all planes landing safely. iGX: If core technology can be generated quickly, why is the proven performance of top-tier iGaming platforms so difficult to replicate? DH: iGaming platforms constantly handle payment delays, unusual player behavior, regulatory updates, and sudden traffic spikes. Each of these challenges forces the system to adapt. Over time, these small adaptations become embedded as the platform’s built-in operational knowledge. At NuxGame, for instance, features such as loyalty points, tier levels, leaderboards, PvP battles, and Spin Wheels are shaped by real player behavior in live active markets. Operators customize these tools to structure player progression, reward activity, and add competitive dynamics. When these systems run in live gaming environments, they collect continuous behavioral data. This ongoing feedback gradually reveals which engagement mechanics sustain longer play sessions and repeat visits – insights that only come from real-world platform operation. In short, software can be written in months; operational maturity is earned over years of successfully running real-money platforms. That is a far longer investment than just rolling out a new feature. iGX: Operating an iGaming platform requires constant coordination with payment providers, regulators, and technology partners. How important are strong relationships and industry expertise when it comes to keeping these operations stable? DH: Strong relationships and industry expertise are absolutely critical, because managing an iGaming platform is rarely a purely technical task. Even small mistakes can quickly turn into costly problems in regulated markets. A misunderstanding of regulatory rules can delay a market launch. A poorly managed payment integration can interrupt player deposits. Entering a new jurisdiction without local knowledge can easily create compliance pitfalls that slow an operator’s expansion rollout. This is where experienced platform providers step in as operational partners. We work closely with our operator clients to address these business challenges within the NuxGame platform ecosystem. This work can include, for example, coordinating integrations with payment providers and prepping platforms to meet regulatory requirements before entering new markets. Figuratively speaking, strong relationships are the oil in a complex iGaming machine. When the industry runs at full speed (as it almost always does), less friction means fewer breakdowns and far fewer costly unexpected surprises. Frankly, that is something no piece of code can achieve on its own. iGX: When operators evaluate platforms, discussions often focus on features and integrations. In practice, what operational challenges should a mature iGaming platform solve for operators? DH: A mature iGaming platform should solve the practical challenges operators deal with every day, rather than just providing a list of software features. Payments are a great example. Operators need deposits and withdrawals to run seamlessly across multiple providers and currencies. When a provider slows down or experiences an outage, the platform must redirect transaction traffic and keep payments flowing. Uptime is another top priority. The platform has to stay stable during major sporting events or large marketing campaigns so users can keep playing without interruption. Compliance and new market launches are just as critical. Entering a new jurisdiction often requires adjusting reporting formats, updating responsible gaming tools, and modifying regulatory settings before the first player ever logs in. At NuxGame, we regularly help iGaming brands prepare for these launches while maintaining day-to-day operational stability. We see this same principle in industries like telecommunications or logistics: beyond just delivering technology, the infrastructure provider keeps the entire system running. iGaming platform providers operate the same way – as hands-on operational partners. At the end of the day, success in B2B iGaming depends on solving real operational problems. And that is why the true value of SaaS platforms lies in business logic, expertise, and relationships – never in code alone. 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 hires Jefferies and Macquarie amid anticipated €2bn sale preparations iGame

Codere hires Jefferies and Macquarie amid anticipated €2bn sale preparations

(AsiaGameHub) - Spain-headquartered gambling giant Codere is reportedly poised for an impending sale that could value the company at more than €2bn (£1.73bn). Per Spanish publication EXPANSIÓN, the firm has engaged financial advisors Jefferies and Macquarie as it readies for a transaction in the coming weeks. Codere Online success may attract suitors The Codere deal, involving Spain’s second-largest industry player behind Cirsa, would encompass its expanding Codere Online division. Codere Online has been listed on the Nasdaq stock exchange since 2021 and has encountered notable setbacks, including delisting notices and suspension threats. However, these issues have now been resolved, with the company reporting a 6% year-on-year increase in total 2025 revenue, rising from €212m to €224m (£195.2m). Overall, Codere’s 2024 revenues reached €1.3bn, while adjusted EBITDA stood at €179bn. The business is currently owned by around 84 investment funds, with Davidson Kempner’s 13.3% stake being the only significant holding and the sole one exceeding 10%. It operates across Latin America and Southern Europe, with its home market of Spain, along with Italy, Mexico, and Uruguay, serving as key revenue-contributing markets. Spain to clamp down This development coincides with a period of change in Spain, where Andrés Barragán, Secretary General for Consumer Affairs and Gambling, stated last month that licensed companies in the country should prepare for a year of regulatory changes and new compliance mandates. The country already enforces some of Europe’s strictest regulations, yet gross gambling revenue (GGR) continues to grow, posting a year-on-year increase of over 18% in Q2 2025. A sale of Codere to another gambling group may see it overtake Cirsa and international Spanish operators such as Betway and Entain’s bwin as the market leader—though Cirsa has also made clear that Latin American M&As are a focus for 2026. Regardless, with the 2026 World Cup now on the horizon, a deal of this scale at this time could make a significant impact in Spain’s already affluent but tightly regulated market. SBC News has reached out to Codere for comment. 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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Latin America Requires Regulatory Consistency to Undermine the Black Market iGame

Latin America Requires Regulatory Consistency to Undermine the Black Market

(AsiaGameHub) - The fear of over-regulation and excessive interference is driving players toward the black market, where no responsible gambling safeguards or player protection measures exist. This was the primary conclusion drawn during SBC Media’s latest webinar, ‘Are Latin American Players Actually Safer Today?’, which gathered several industry experts to discuss the current state of player protection in the region. The panel featured: Luis Felipe Maia – Founding Partner, MAIA YOSHIYASU ADVAGADOS. Simon Westbury – Strategic Advisor, 1xBet. Simon Vincze – Head of Sustainable & Safer Gambling, Casino Guru. Alfredo Lazcano – Gaming Lawyer, Lazcano Samano. Is excessive regulation undermining player safety? Latin America finds itself at a crossroads regarding gambling regulation. The region is diverse, containing offshore-grey markets, provincially regulated markets, and fully federal or national regulatory frameworks. However, there are instances of regulatory shifts, such as proposals in Brazil to ban sponsorships and tax increase proposals in both Brazil and Mexico, which are raising concerns among operators. The panel unanimously supported regulated markets and the expansion of new markets across Latin America, yet they highlighted clear warning signs that excessive interference does more harm than good. Maia shared his expertise on Brazil’s framework, stating: “It’s a curve. You reach an optimal point of protection, but once regulation becomes excessive, players become less protected because channeling is damaged.” Vincze acknowledged that over-regulation can be detrimental to players but countered the idea that regulated markets are inherently unsafe. “It would be inappropriate to claim that regulation doesn't make them safer, because at least now they have an option that provides a sufficient safety framework and is overseen by an authority.” Player confusion in Latin America The webinar was hosted in partnership with 1xBet, which commissioned SBC Media to produce the International Player Safety Index series. The third part of the series was recently published, focusing on Latin America, and the webinar sessions provided a platform to debate some of its findings. Simon Westbury, Strategic Advisor at 1xBet, recently spoke in-depth with SBC News about the report's findings, reflecting on the lack of regulatory consistency across Latin America. This supports Westbury’s Three Cs theory: if a market lacks clarity, consistency, or communication, a Big C emerges—confusion. “I believe there is a consistency gap across Latin America. We are not suggesting a one-size-fits-all approach to player protection because every player is different, but player protection must be enshrined in every regulatory environment,” he noted. The theory is also supported by practice. Vincze reflected on research he conducted using Google search analysis in Brazil and Mexico to estimate channelization rates in those markets. Following his analysis over a 30-day period, Vincze cited that 74% of specific casino name keyword searches in Brazil were for offshore sites, while that figure stands at 56% in Mexico. For comparison, the UK is around 20%, Sweden 21%, and Spain 27%. Vincze noted: “I believe this is because there is increasingly more exposure on the internet and social media for unlicensed brands, which can advertise through influencers and strong accounts without real enforcement.” Areas for improvement The positive news is that operators have a variety of tools at their disposal to help keep players safe on-site. KYC measures are the primary step, but others like deposit limits, time limits, and cooling-off periods have also been cited as useful for players globally. However, the panel noted that these tools can create more confusion than benefit if not applied correctly. Lazcano stated: “Safer gambling tools can be difficult to use, and operators don't know how to properly explain their usage to players. In the worst-case scenario, these tools might simply be ignored by players.” Maia cited another Brazilian example where a national self-exclusion list was introduced. However, due to a lack of understanding regarding its purpose, it has resulted in fraud against operators rather than aiding players. He said: “We don’t see the regulator and the government supporting the regulated market. We had people with social benefits banned from playing, and then threats to increase taxation in Brazil. The message this portrays, and the result, is that Brazilian authorities are driving players to the illegal market.” Westbury noted that tools should focus on education and making the experience fun and engaging, rather than being limiting and, in his words, clinical. “I think sometimes we get it wrong as an industry. Some of these tools are intrusive. No one likes going to the doctor or the dentist because of the clinical environment; it’s generally not enjoyable. I think we actually need to focus on education. Players need to be educated about these tools.” Watch the entire session and hear the full range of insights and opinions from the panel here. 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: OPAP Merger to Shape the Future of iGaming iGame

Allwyn: OPAP Merger to Shape the Future of iGaming

(AsiaGameHub) - Allwyn AG has finalized the business merger of Allwyn International AG and OPAP to establish the second-largest listed lottery and gaming operator, a transaction it believes can shape the future of the iGaming industry. The deal was first unveiled in October last year, proposed as an all-share transaction valuing the combined entity at €16 billion in equity. Allwyn has now integrated its lottery and gaming business with the Greek firm’s operations in Greece and Cyprus, with OPAP rebranding its consumer-facing brand to Allwyn. This move also builds on a longstanding partnership between the two entities, which began in 2013 when KKCG Group first invested in OPAP. The company already held a 51.8% stake in OPAP prior to this latest transaction. Anticipated outcomes for the combined company in driving growth and shareholder returns include: Leading market positions across multiple geographies and product lines. Diversification by region, product, and channel. Advanced technological, content, digital, and innovation capabilities. A robust financial profile and resilient cash generation. A focus on responsible gaming and contributions to good causes. Karel Komarek, Founder and Chair of Allwyn and KKCG, stated: “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 genuine dedication 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.” OPAP’s shareholders approved the transaction during an extraordinary general meeting in January 2026, with more than 93% of OPAP’s share capital remaining invested in the combined company after limited exercise of shareholder exit rights. “Allwyn has exceptional potential in the rapidly evolving world of consumer entertainment, and we have the strategic clarity, scale, capabilities and ambition to define the future of the industry.” Karel Komarek, Founder and Chair of Allwyn and KKCG Allwyn is projected to have 770,799,070 shares outstanding—excluding treasury shares—once the company completes the purchase of shares from shareholders who exercised their cash exit rights. Of these shares, 22% will form the free float, with the remaining shares continuing to be held indirectly by KKCG. Allwyn retains its intention to pursue an additional listing on another international stock exchange. Robert Chvatal, Allwyn CEO, added: “This marks a major strategic milestone for Allwyn, and we begin our journey as a publicly listed global leader with a strengthened platform, enhanced financial flexibility, and a world-class team. “We are highly confident that our leading market positions, high level of diversification, and strong cash generation position us well to drive sustainable growth and ongoing value creation as we invest in innovation and future opportunities across our markets. “I would like to thank our shareholders, employees, and regulators for their support as we unite two best-in-class organizations to create the second-largest listed lottery and gaming operator globally.” Allwyn structure Allwyn intends to distribute €0.80 per share to shareholders following the completion of share purchases related to the cash exit right, with a scrip option available and further details to be released soon. The company also expects to relocate its domicile from Luxembourg to Switzerland by the end of Q2 2026. Komarek will chair Allwyn, with Chvatal and Kenneth Morton continuing in their respective roles as CEO and CFO. OPAP CEO Jan Karas and CFO Pavel Mucha will remain at the helm of OPAP’s operations in Greece and Cyprus. The eight-member board of directors will include six existing Allwyn directors—including Komarek—along with two newly appointed independent non-executive directors. Novibet exit The OPAP deal was not Allwyn’s only pending transaction, as the company has been seeking to acquire a 51% stake in Novibet since December 2024. However, the Hellenic Competition Commission opposed the deal, prompting the company to terminate the transaction with Novibet’s owner, Logflex MT Holding Limited. The company stated: “While Allwyn and Logflex MT Holding Limited put forward carefully considered proposals to the HCC, Allwyn is committed to pursuing only transactions that would deliver clear value to shareholders. “Allwyn and Logflex MT Holding Limited therefore no longer expect the previously announced transaction to proceed.” Allwyn also completed its majority acquisition of PrizePicks in the US earlier this year, securing a 62.3% majority stake in the company for approximately $1.6 billion. 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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Despite facing UK tax burdens, Super Group CEO Neal Menashe sees ‘a lot of uplifts’ iGame

Despite facing UK tax burdens, Super Group CEO Neal Menashe sees ‘a lot of uplifts’

(AsiaGameHub) - Super Group identifies potential amidst the turmoil as the UK gambling sector prepares for a significant financial impact from the upcoming tax changes scheduled for next week. Neal Menashe, the CEO of Super Group—the parent company of the major international brand Betway—shared his thoughts on the new 40% online gaming tax during a video episode of the iGaming Daily podcast. Menashe aligns with the general consensus among UK betting industry leaders that the tax increases starting in April will be detrimental to both the sector and the broader economy. He argued that excessive taxation prevents profitability, ultimately driving revenue away from regulated markets toward illegal, unlicensed operators. According to Menashe, a balanced tax rate on gross gaming revenues (GGR) should fall between 15% and 25%, which aligns with the current UK rates of 21% for remote gaming and 15% for general betting. While Super Group will be impacted by these changes, Menashe expressed strong confidence that the company will remain resilient and potentially emerge in a stronger competitive position. He noted that Q4 financial reports estimated a $50 million impact in the UK before any mitigation strategies were applied. Menashe expects marketing costs to decrease and operational efficiency to improve, noting that smaller competitors may be forced out of the UK market due to rising costs. He also highlighted that recent investments in their UK product have already resulted in positive performance gains. Africa – The Primary Growth Driver for Super Group Despite the focus on the UK, Africa represents the primary future for Super Group and its Betway brand, a strategy that was in place long before the UK tax adjustments. Betway maintains a dominant presence in South Africa, where the betting industry has become a significant contributor to the national economy according to government data. Menashe revealed that Africa accounts for roughly 40% of Super Group’s total revenue, with the total addressable market (TAM) for African iGaming projected to reach $11 billion by 2025 and $22 billion by 2030. He attributed this expansion to factors like population growth and increased smartphone and mobile money usage, noting that South Africa remains their most established and well-regulated market. While the company has seen strong results in Botswana since its February 2025 launch, it is currently refining its approach in Nigeria to better suit that specific market's mobile-first landscape. Prioritizing Brand and Product Excellence To address Africa's complex payment systems, Super Group has implemented innovative solutions like its own stablecoin and manages over 150 different payment integrations across the continent. Although competition is increasing from firms like Kaizen Gaming, bet365, and Betsson, Super Group remains confident in its market position. Menashe noted that the company has gained valuable insights from its past experiences, including its decision to exit the US market last year. He compared Super Group’s influence in Africa to the dominance of FanDuel and DraftKings in the United States. He concluded by emphasizing that long-term success depends on the combination of a powerful brand, a superior product, and an efficient back-office infrastructure. 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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Romanian regulator uncovers secretive affiliate channeling players to illegal gambling sites iGame

Romanian regulator uncovers secretive affiliate channeling players to illegal gambling sites

(AsiaGameHub) - Romania’s gambling regulatory body has requested a criminal probe into an affiliate found diverting consumers to unlicensed gambling platforms. A press statement disclosed that the National Office for Gambling (ONJN) has reached out to the Directorate for the Investigation of Organised Crime and Terrorism (DIICOT), seeking help with the case. The details showed that an affiliate licensed by the ONJN has been serving as a portal to illegal gambling sites, connecting players directly to offshore operators. “The affiliate’s website operates as a commercial middleman that, under specific technical circumstances, steers or redirects users (prospective players) to gambling operators lacking a Romanian license,” the ONJN stated. “These sites are accessible in Romanian, and any Romanian citizen can register an account and make deposits to engage in gambling activities.” A notable detail highlighted by the regulator is that the affiliate website featured a hidden front-end interface, meaning not all users viewed identical content; instead, there was a selective presentation of options promoting customized offers based on the user’s IP address location. The ONJN insists that this technology was deliberately put in place to repeatedly promote unlicensed gambling in Romania by intentionally bypassing regulations. “This practice is not an accidental redirection but a deliberate technical mechanism, crafted to gain improper advantages and evade Romanian laws, with the aim of promoting prohibited or restricted content.” One of the identified illegal websites was a company named NV Casino. An illegal operator with similar initials, Novatech Solutions N.V. Casino, was recently issued a record €24.9m (£21.6m) fine in the Netherlands for comparable violations. Vlad-Cristian Soare, President of the ONJN, remarked: “The ONJN’s mission is to uphold a responsible, legal, and transparent gaming framework, and any mechanism designed to evade the law and expose Romanian consumers to unlicensed platforms poses a direct threat to public interest. “We will continue to take strong action whenever we detect such practices and collaborate with relevant authorities to safeguard both players and market integrity. Those responsible will be held legally accountable.” In recent months, Romania has launched an effort to bolster its gambling market by reducing harm risks and enhancing oversight of licensed operators. Measures to restructure the domestic market that have garnered substantial political backing include increasing the minimum gambling age to 21, restricting gambling advertising, and developing new approaches to self-exclusion. Soare has consistently expressed his dedication to improving Romania’s gambling market since assuming the role of ONJN President in May last year, following a period when the regulator faced significant controversy over nearly a billion euros in uncollected taxes. 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 lists on Athens Stock Exchange following OPAP merger closure iGame

Allwyn lists on Athens Stock Exchange following OPAP merger closure

(AsiaGameHub) - Allwyn has concluded its integration with the Greek gaming company OPAP, cementing its status as one of the premier global publicly traded gambling entities in the process. The merger terms were originally established in October. **KKCG**, the Czech investment firm behind Allwyn, has maintained a significant stake in OPAP since 2013. Through this union, Allwyn will list on the Athens Stock Exchange, positioning itself as a dominant force in the Greek market. OPAP manages the Greek national lottery and holds a prominent role in the country's betting and gaming sectors. This move continues Allwyn’s strategic shift, which began with its transition from SAZKA Group in 2022. The firm is evolving into a lottery-focused entertainment provider with interests across various segments. Allwyn anticipates that the OPAP integration will provide market leadership, broader geographic and product reach, enhanced technological and digital assets, a more robust financial foundation, and a heightened commitment to social responsibility and charitable contributions. Robert Chvatal, CEO of Allwyn, remarked: “This represents a pivotal strategic achievement for Allwyn. We embark on our path as a listed global industry leader with a reinforced platform, greater financial agility, and an elite team. “We are confident that our top-tier market positions, extensive diversification, and solid cash flow will enable us to achieve sustainable growth and deliver value as we pursue innovation and new opportunities across our markets. “I want to express gratitude to our shareholders, staff, and regulators for their assistance in uniting these two premier organizations to form the world's second-largest listed lottery and gaming firm.” Allwyn’s path to the Athens exchange Lotteries remain the foundation of Allwyn’s business, with primary assets including the UK National Lottery, the Czech Lottery, the Greek lottery (via OPAP), and the Illinois State Lottery, among others. The company’s presence in sports wagering has grown through KKCG’s involvement with OPAP. It further broadened its sports entertainment footprint last year by acquiring a majority stake in PrizePicks, a US-based daily fantasy sports (DFS) provider that has since expanded into prediction markets. Not every initiative has succeeded. A plan to acquire a controlling interest in Novibet, a prominent Greek betting firm, was abandoned earlier this year following input from the Hellenic Competition Commission (HGC). Despite this, Allwyn remains on solid footing—and with the OPAP merger finalized, the company is unlikely to be impacted by the cancelled Novibet deal. The merged Allwyn-OPAP entity boasts an estimated market capitalization exceeding €11bn (£9.5bn), placing it in the same tier as Entain (owner of Ladbrokes Coral and bwin) and Flutter Entertainment. KKCG will retain 78% of the voting rights in the unified company. Allwyn also intends to issue a dividend of €0.80 (£0.69) per share to its investors. Karel Komarek, Founder and Chairman of both KKCG and Allwyn, stated: “Today marks the start of a new era for Allwyn, building on the momentum that already defines our business. “Over the last 13 years, we have demonstrated the lasting value we generate for stakeholders, society, and players. This success is rooted in collaboration, trust, and a dedication to innovation. “Allwyn possesses immense potential in the changing consumer entertainment landscape, and we have the vision, scale, and drive to shape the industry'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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Estonian tax adviser’s dismissal called ‘unavoidable’ as she plans appeal iGame

Estonian tax adviser’s dismissal called ‘unavoidable’ as she plans appeal

(AsiaGameHub) - The dismissal of the adviser responsible for an administrative mistake that will cost Estonia €4 million was described as 'unavoidable and necessary' by Chancellery Director Antero Habicht. An error in Estonia's Gambling Tax Act mistakenly exempted online casinos from taxation in 2026 before it was found in January. Despite this, the country is still poised to forfeit significant tax income due to the oversight. This week, the Estonian broadcaster Eesti Rahvusringhääling (ERR) stated the adviser behind the error was fired after disciplinary action. New reports now indicate that Piia Schults, previously unnamed, intends to appeal the decision legally. Responding in writing to the intended appeal, Habicht commented: "Considering all factors, this action was unavoidable and necessary; maintaining a trust-based working relationship was no longer feasible. "Current information suggests the official will seek judicial protection of her rights, and as a result, we deem further public commentary inappropriate." Habicht earlier informed ERR that Schults' dismissal was a consequence of a 'serious breach of official duties', noting the termination 'was not prompted by the error alone, but also by other case-related circumstances uncovered during the disciplinary process'. Estonia is currently phasing in a reduction of its gambling tax rate from 6% down to 4% by 2029, aiming to stimulate investment in its gambling industry and establish itself as a European iGaming center to rival jurisdictions such as Malta and the Isle of Man. ERR reports that a five-page directive from the Riigikogu Chancellery showed the official knew of the mistake on 5 January, yet superiors were not notified until 12 January, when ERR made the news public. In an interview with the outlet, Schults conceded the error was 'truly dreadful' and that it left her 'deeply shaken'. However, she highlighted her 32-year service as an adviser to the Economic Affairs Committee and that this was her first major mistake. Schults also denied Habicht's assertions, framing the situation as a 'question of principles'. She stated: "I must contest this. Maybe it will motivate other colleagues as well. You simply cannot treat someone like this. I will fight this for all of them, considering my colleagues and Estonian society. I believe the public has a right to know what occurs in the government sector. We are not isolated—we all coexist here in small Estonia, where everyone can see each other." Schults further mentioned she has consulted a lawyer and is inclined to pursue the dismissal case in court instead of through a labour dispute committee. 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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Sorare: Is There Nothing to Declare? iGame

Sorare: Is There Nothing to Declare?

(AsiaGameHub) - The decision by CyLimit, a cycling-focused web 3 startup, to become the first JONUM operator to submit its regulatory declaration to France’s Autorité Nationale des Jeux (ANJ) has highlighted a company that most industry observers would have anticipated being first in line. Naturally, when discussing web 3, NFTs and fantasy betting, that company is Sorare. However, to date, the former unicorn has yet to submit its own declaration to the nation's gambling regulator. With the JONUM legal framework finally launching in France, SBC-Gaming&Co sought to understand why the leading web 3 fantasy betting firm in the sector wasn't the first to file a regulatory declaration, enabling it to commence operations as swiftly as possible in full compliance with its 'home' country's regulations. A Sorare spokesperson stated that there was "no delay and we are in ongoing and constructive discussions with the ANJ at the moment". The company is also "taking the time to finalise the dossier properly and we will make the JONUM declaration promptly". "Our approach is to ensure that the submission is complete and robust from the outset," they added, "the application file is comprehensive and requires a significant amount of detailed information to be provided". Nevertheless, there are several factors that could be weighing on the minds of Sorare's leadership, and while they aren't directly connected to its French operations, it's inconceivable that the company wouldn't be conscious of them. UK court case The first is a case filed against the company by the UK Gambling Commission, scheduled to begin on 15 June. The commission is suing Sorare for providing what it deems to be illegal gambling products without a licence to UK consumers. A subsequent question for Sorare therefore is: if it declares that it operates as a JONUM company in France (where users purchase cards of football players as NFTs, with their value fluctuating based on the on-pitch performances of the players' teams), could it be concerned that this amounts to admitting it is a real money gambling company? Not at all, says the company: "The JONUM framework should not be interpreted, in any way, as an admission that Sorare operates as a real money gambling company. The JONUM framework is actually recognising the unique nature of our activity and explicitly confirms that it falls outside the scope of gambling regulations. "This clarification provides an essential level of legal certainty, strengthens the confidence of our partners, investors and community, and represents a key step for the sustainable development of our model." EU questions A second issue centres on European legal questions. Claire Pinson-Bessonet, a former ARJEL executive and now a public affairs and gaming lawyer, observed on LinkedIn that the European Commission has asked France how the JONUM framework aligns with the European eCommerce Directive of 2000, which permits the free movement of information services between EU Member States. French lawmakers responded that the legislation fell under "the exemption of 'real money gambling activities' provided for in the eCommerce Directive, which therefore does not apply to JONUM". In other words, the EU directive does not apply to JONUMs because those products fall under the real money gambling exemption, which the directive doesn't cover. "But in that case why did they (France) introduce specific legislation for JONUMs if the French authorities consider them to be games of chance?", added Pinson-Bessonet. Interestingly, that appears to be what the Gambling Commission will attempt to prove in its court case against Sorare in June. SBC-Gaming&Co asked Pinson-Bessonet if the EC enquiry about the eCommerce Directive suggests France considers that JONUMs are covered by the gambling exemption. "Yes it is," she said, "hence the line between JONUMs and gambling remains very thin. And when it launched the experimentation in February, the regulator stressed that it would be very attentive to any cross-over." Market realities Equally significant, however, have been Sorare's business decisions. From expending substantial sums on marketing and partnership agreements with top-tier football clubs in the English Premier League and France's Ligue 1, to occupying a space where the company fails to attract the high-spending VIPs that frequent many crypto sportsbooks while its own customers don't produce sufficient volumes to support its ambitions, Sorare has encountered difficulties and fallen short of the hype surrounding its early days, when it was valued at over $4bn. For the French authorities, the entire project has also proved disappointing and consumed legislative bandwidth that could have been deployed far more effectively on other crucial issues – online casino regulation being a clear example. Aside from the bespoke regulatory treatment it received, for now the JONUM vertical will have little impact on France's real money gambling stakeholders; the market will also determine whether the self-declared JONUM operators succeed or fail. Meanwhile, ANJ is embarking on a three-year regulatory experimentation period during which it will monitor companies like Sorare. How many will have entered or exited the market by 2029 remains to be seen. 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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iGP to Offer Speed, Control and Scalability Through Gamzix Partnership iGame

iGP to Offer Speed, Control and Scalability Through Gamzix Partnership

(AsiaGameHub) - iGP has expanded its content library with new iGaming titles after entering a fresh partnership with game provider Gamzix. Under the agreement, mobile-first titles from the studio will be added to the iGaming aggregator’s platform, with a rollout scheduled across multiple markets. Jovana Popovic Canaki, Chief Executive Officer at iGP, stated: “Operators are under continuous pressure to scale at a faster pace while retaining control over their brands, content, and player engagement. “Our iGaming Aggregator solves this pain point by combining high-speed distribution with in-built tools and real-time visibility. Integrating Gamzix’s content further expands the range of titles available to our partners.” iGP’s iGaming Aggregator provides partnered operators with access to over 12,000 titles from various game providers through a single API. The firm notes that the aggregator enables operators ‘to launch rapidly while maintaining control via multi-brand management, embedded promotional tools, an in-built reporting suite, and real-time data visibility’. James Davies, Head of Commercial at Gamzix, added: “iGP’s focus on speed, control, and scalability is perfectly aligned with our own approach to distribution and long-term performance. “We are excited to bring our mobile-first, engagement-focused titles to a wider network of partners through this collaboration.” Earlier this month, iGP’s Chief Marketing Officer, Michael Baker-Mosley, spoke to iGaming Expert about the significance of time and patience for iGaming integration work. Baker-Mosley explained: “If you want to deliver truly powerful gaming experiences, it requires time. We discuss this topic frequently in B2B spaces, but far less often in B2C. We are seeing growing product homogenisation, where operators now compete on experience rather than core product offerings. “If every operator carries the same top 10 slots globally, you are competing on brand and user experience. So getting that right, and successfully penetrating a new market, demands both time and investment.” 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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Digitain Advances in Bulgarian Expansion iGame

Digitain Advances in Bulgarian Expansion

(AsiaGameHub) - Digitain has expanded its footprint in the Balkans through securing two key licences in Bulgaria. The gaming technology provider now holds both a manufacturer licence and an importer licence, issued by Bulgaria’s national regulator, the National Revenue Agency. Both certifications will allow Digitain to grow its market share in Bulgaria further, by offering local partners a broader yet fully compliant suite of products and tools. The manufacturer licence permits the company to offer custom in-house developed products built specifically to match the needs of the Bulgarian market. Meanwhile, the importer licence paves the way for distributing third-party products that widen Digitain’s on-ground offering in the country. Digitain has prioritized active expansion across Eastern Europe, identifying the region as a major opportunity to diversify its partnership network through a range of prospective new collaborations. Speaking with SBC News at last year’s SBC Summit Lisbon, Hmayak Arakelyan, Digitain’s regional Head of Sales, said: “When we look at the region country by country, in Greece we partner with Betano, which brings extensive international experience. In Romania, we work with Superbet, who do an excellent job driving innovation across the market. “In every country, we work with one or two major operators that have the technological expertise and innovative teams that shape and influence the wider betting and gaming industry.” These new Bulgarian licences represent the next step in the Armenian tech firm’s pan-European expansion push. They come after the company secured supplier licences in the UK and Isle of Man in February, and signed a partnership deal with Serbian operator AdmiralBet in early March. Commenting on Digitain’s latest milestone, Arshak Muradyan, Group Chief Compliance Officer, added: “Securing both licences in Bulgaria is an important step in strengthening our presence across regulated European markets. “It allows us to deliver both our in-house solutions and a wide range of certified third-party products in full compliance with local regulatory requirements. This dual capability ensures our partners can confidently operate and scale their business in the Bulgarian market with a reliable, fully compliant product offering.” 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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Digitain reinforces Bulgarian expansion with dual licences iGame

Digitain reinforces Bulgarian expansion with dual licences

(AsiaGameHub) - Digitain is strengthening its position in the Bulgarian iGaming market after obtaining both manufacturer and importer licences from the nation's gambling regulator. The manufacturer licence enables the provider to distribute its internally developed products to Bulgarian-licensed operators, with solutions that are fully certified and customized for the local market. Concurrently, the importer licence authorizes Digitain to offer certified third-party products within the Bulgarian market. Digitain stated that the licences underscore "its dedication to regulatory excellence and partner-focused expansion, guaranteeing that operators targeting Bulgaria can access a full range of compliant, premium solutions". Arshak Muradyan, Group Chief Compliance Officer at Digitain, remarked: "Obtaining both licences in Bulgaria represents a significant milestone in reinforcing our footprint across regulated markets. "This enables us to provide both our proprietary solutions and an extensive array of certified third-party products while adhering completely to local regulations. This dual capacity ensures our partners can confidently conduct business and expand within the Bulgarian market, backed by a dependable, fully compliant product portfolio." European growth Digitain has been expanding its footprint across European markets over the past 12 months, finalizing a partnership with KingCasino in Romania to deliver its sportsbook solution and Centrivo iGaming platform to the operator. The company has also previously commended its Malta presence for propelling its European growth strategy, having established a new office there within the past year. Aida Vardanyan, Chief Executive Officer at Digitain Malta, stated: "Our Malta office serves as more than a mere location—it functions as a strategic hub for our European operations. "It enables us to maintain close connections with our European partners, gain deeper insights into local requirements, and deliver more timely support. Operating from this location allows us to cultivate stronger relationships and fulfill our long-term vision of fostering enhanced regional partnerships." 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’s Finance Ministry appoints head of betting regulatory body iGame

Brazil’s Finance Ministry appoints head of betting regulatory body

(AsiaGameHub) - Following earlier media speculation, Daniele Cardoso has been officially appointed as the new Secretary of Brazil's betting regulatory body, the Secretariat of Prizes and Bets (SPA). While no official announcement has appeared on the website of the SPA, which operates under the Brazilian Ministry of Finance, the confirmation came from Dario Durigan, the Minister of Finance, via X. Yesterday, Durigan posted on the social media platform, affirming that Cardoso would lead the SPA under his supervision. Her appointment occurs at a pivotal juncture for both the Brazilian betting industry and its regulatory framework. I am pleased to share news about the Ministry of Finance team. Rogério Ceron will be the new executive secretary. I trust in his ability to deliver, and I highlight that his work at the Treasury was fundamental for us to advance our agenda in recent years. — Dario Durigan (@DarioDurigan) March 23, 2026 Previously, Regis Dudana served as Secretary of the SPA from April 2024, where he oversaw the introduction of the regulated betting market, locally referred to as ‘Bets,’ in January 2025. He was subsequently promoted to Secretary of Economic Reforms in January of the current year. This month, a significant reshuffle within the Ministry led to Fernando Haddad, the Minister of Finance, stepping down from his position to pursue the governorship of Sao Paulo state. This move is a crucial goal for Brazil's governing Workers Party (PT), led by President Lula da Silva. Durigan was then promoted to Minister of Finance earlier this month, succeeding Haddad. He has now definitively confirmed Cardoso's appointment to lead the regulatory efforts for Brazil's nascent betting industry. Cardoso assumes this leadership position amidst an intense political discourse surrounding betting in Brazil, as numerous policymakers, including President Lula, adopt an increasingly adversarial stance towards the sector. President Lula, who initially approved the launch of the Bets market on January 1, 2025, in late December 2024, has since grown considerably more critical of the regulated industry and its broader societal effects. Furthermore, he has actively pursued increased tax revenues from the sector, ultimately achieving his objective with the approval of a tax rate hike on gross gaming revenue (GGR) from 12% to 18% by 2027. Concurrently, the domestic industry remains engaged in an arduous struggle against Brazil's persistent grey and black markets. The sector now confronts impending taxes, political examination concerning aspects such as marketing, and the evolving landscape of prediction markets. Kalshi, recognized as one of the two largest global prediction platforms alongside Polymarket, recently established operations in Brazil. Nevertheless, it remains uncertain which regulatory body—either the SPA or the Brazilian Securities and Exchange Commission—will oversee these platforms. 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 Launches Playradar to Revolutionize iGaming with Integrated Sportsbook and Casino Content

(AsiaGameHub) - Sportradar is transforming its iGaming services with the introduction of Playradar, a new brand created to unify sportsbook and casino offerings for global operators. Playradar will provide operators with a 'fully-integrated ecosystem of cross-vertical gaming experiences', under the leadership of former Playtech CEO Edo Haitin, who will serve as Executive Vice President of iGaming. The brand will function solely in regulated markets, beginning with an initial launch in the UK, North America, and Latin America. A schedule of game releases is planned for the year, covering classic table games, arcades, slots, and virtual reality, with responsible gaming and integrity built into every product. Carsten Koerl, Founder and CEO of Sportradar, stated: “iGaming is a logical and scalable expansion of our operations, representing a strategic boost to our long-term growth plan. “Playradar’s content is engineered to optimize cross-selling between sports and casinos, assisting operators in enhancing player value and session duration during a period where engagement and retention are vital for sustainability. “With Edo, we have a seasoned and demonstrated leader to advance the business, supported by a committed and enthusiastic team.” iGaming experience Haitin’s two decades of iGaming expertise will be applied to offer live and historical sports data, audio-visual streams, casino games, a 24/7 live experience centre, and premium iGaming content. Sportradar highlighted that Playradar is a natural progression for the firm, capitalizing on its current game studio, sports data, streaming infrastructure, worldwide distribution network, and its marketing and retention technologies to boost lifetime value for partners. The company piloted its iGaming services in Brazil the previous year, using the outcomes to inform the launch of Playradar. Haitin continued: “By merging our unparalleled knowledge in sports data and live streaming with a strong history of product development, we intend to produce hybrid content and gaming experiences to take advantage of the growing trend in sports casino consumption. “Our unique position allows us to effortlessly integrate live and historical sports events, innovative game mechanics, and casino content, and we benefit from the ability to distribute games to an already licensed operator network. “I am tremendously enthusiastic about reinforcing our iGaming division via Playradar and developing it into a leading provider of iGaming content, utilizing Sportradar’s established assets and the expert, skilled team that is already assembled.” 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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Czech Gambling Sector Warns of ‘Brand Spoofing’ iGame

Czech Gambling Sector Warns of ‘Brand Spoofing’

(AsiaGameHub) - Fortuna Entertainment and Endorphina are sounding the alarm over ‘Brand Spoofing’—the imitation of regulated brands and technologies that is spreading across CEE markets with no clear avenues for intervention. Compared to its neighboring countries, the Czech Republic has seen relatively few disruptions in the governance of its gambling sector and licensing processes. The home market panel at the HIPTHER Prague Summit 2026 even praised the oversight provided by the Czech Ministry of Finance (MoF) and Celní Správa, the Customs Authority, in implementing much-needed player protection measures introduced from 2024 onward. In the years since, Czech gambling licenses (both online and retail) have adapted to heightened requirements for public protection, with authorities and license holders working together to exclude up to 700,000 citizens from gambling through the RVO register. However, not all is tranquil along the banks of the Vltava, as Czech industry leaders are raising concerns about a new and growing threat: ‘brand spoofing’. No funny business Jan Holub: Fortuna Entertainment The term might conjure images of fake handbags or cheap counterfeit goods sold at beach resorts, but as criminal networks target online spaces using AI-driven tactics, brand spoofing is far from a trivial issue, according to Jan Holub, Compliance Lead and Member of the Supervisory Board at Fortuna Entertainment. Holub detailed how “bad actors replicate the digital identity of a gambling brand,” copying web assets, domains, user experience (UX) environments, and even customer communications to trick users into “disclosing sensitive information or downloading malicious software.” Aided by AI, Holub has observed the evolution of ‘spoofed environments’ that not only mimic front-end brands but also replicate backend systems. Capitalizing on the brand recognition and marketing efforts of regulated operators, these spoofed platforms can generate high engagement with unsuspecting audiences and rake in millions in illicit funds. “We’ve made progress in the Czech market. But I must highlight brand spoofing as a new danger. In my role at Fortuna, I see fake brands being promoted online via Google, Facebook, and app stores,” Holub stated. “We immediately ask these platforms to take them down, but the response is slow. These fake websites or apps can remain active for two or three weeks.” While cooperation with Czech authorities is strong, Holub questioned the lack of accountability among big tech and media platforms for protecting the intellectual property (IP) of online gambling brands—where enforcement is clearly lacking. A double jeopardy Jan Urbanec – Endorphina These concerns are shared by Jan Urbanec, CEO of Prague-based Endorphina, who noted that spoofing is spreading across markets and rapidly expanding into “the B2B infrastructure of online gambling.” “This poses a double threat to our industry, as the risks are not limited to B2C. These actors can replicate the UX of payment gateways, affiliate websites, CRM processes, and even supplier technologies,” Urbanec explained. As a digital threat, brand spoofing creates multi-layered risks to the stability of regulated markets. Reputational damage occurs quickly and is hard to contain, as consumers often cannot distinguish between a legitimate site and a cloned interface. Addressing this nuanced threat, Urbanec told delegates that Endorphina has tripled its resources to protect IP—emphasizing what he views as regulators’ limited capacity to intervene effectively. “For game developers, there is no meaningful IP protection. We have to monitor every environment, and tracking who is copying our brand, engines, and algorithms is very costly,” he said. Regulators soft on IP protection Gambling regulatory frameworks across Europe, including in the Czech Republic, have largely been designed to identify and block unlicensed operators as standalone entities. They are less equipped to address actors disguising themselves as licensed B2C or B2B incumbents, using brand trust as their primary entry point. Having observed the spread of ‘spoofing’ in the Czech Republic, Holub and Urbanec believe this new AI-driven threat will become a new “health check” for European gambling regulators—one that cannot be addressed through traditional IP blocking alone, as there is growing momentum to strengthen gambling IP protections. As Urbanec concluded: “It’s time to recognize that criminal gangs target gambling for quick profits, while our regulators are focused on rule-making. This must change—we need stronger action on IP and brand enforcement for licensed operators, before it’s too late.” 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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