Macau Junket Count Rises to 31, Remains Below Limit iGame

Macau Junket Count Rises to 31, Remains Below Limit

(AsiaGameHub) - Macau's Gaming Inspection and Coordination Bureau (DICJ) has confirmed the licensing of two new junket operators in the world's premier gaming hub. Xin Wei Lda and Pok Lok Promoção de Jogos Lda have received authorization to cater to VIP gamblers at the city's casinos. This increases the total number of licensed junkets to 31, a rise from 29 last year, yet remains significantly under the sector's maximum allowance of 50. Junkets act as intermediaries for wealthy casino clients, most of whom come from mainland China. Historically, they provided credit and payment services, allowing VIPs to circumvent China's currency controls that restricted daily overseas transfers to 20,000 renminbi ($3,200). At their zenith in 2014, 235 junket operators dominated Macau's casino sector, accounting for up to 70% of all gaming revenue. Sector marked by scandal The junket system began to collapse under the oversight of Chinese President Xi Jinping, who assumed leadership in 2013. His administration initiated a robust anti-corruption campaign. One key focus was halting the illegal outflow of capital from the mainland, which included money moved by VIP gamblers. The initial collapse occurred in 2014 when Macau junket operator Huang Shan left the region, defaulting on HK$10 billion ($1.3 billion) in debt. That year, a Chinese court also designated Hengsheng Group's Ji Xiaobo as a major crime figure. He was accused of establishing illicit casinos abroad, employing violence to recover gambling debts, and laundering the proceeds. In 2015, a cage cashier stole HK$700 million from Dore Entertainment, a junket running VIP rooms at Wynn Macau. In 2023, Suncity Group chief Alvin Chau was convicted of illegal gambling and organized crime in a case that accelerated the downturn for Macau's junket operators. The critical strike followed with the arrest and prosecution of two prominent junket leaders. In 2023, a Chinese court convicted Suncity's "junket king," Alvin Chau, of illegal gambling and organized crime. His scheme, involving HK$823.7 billion in unreported bets, deprived the Macau government of HK$8.26 billion in tax income. Chau received an 18-year prison sentence. Tak Chun junket head Levo Chan was sentenced to 14 years for comparable offenses. He enabled clandestine betting operations that cost casinos HK$35 billion and the government around HK$8.6 billion. Macau junkets: Down but not out By 2024, a mere 18 junkets were operating in Macau, leading to predictions of the sector's demise. Those obituaries were premature, but the regulatory landscape has been fundamentally reshaped. Under Macau's 2023 gaming law, junkets can no longer extend credit or operate VIP rooms. They are restricted to partnering with a single one of Macau's six casino concessionaires, though a concessionaire may work with multiple junkets. Junkets now earn a fixed 1.25% commission on rolling chip turnover, rather than a share of casino revenues. While 31 junkets are officially registered, perhaps only 20 are actively in business. Nonetheless, the local government anticipates collecting MOP150 million ($18.6 million) in tax this year from commissions casinos pay to junkets. This represents a 50% increase over the MOP100 million projected for the 2025 fiscal year. Marjorie PrestonMarjorie started her career in gaming in 2007 and has specialized in Asian markets since 2020. In her personal time, she writes on travel and cinema and is a drummer. 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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Balkan Gaming Federation Established as Western Balkans Industry Body iGame

Balkan Gaming Federation Established as Western Balkans Industry Body

(AsiaGameHub) - Seven national gaming associations across the Western Balkans have established a unified Balkan Gaming Federation (BGF) to advance regional cooperation within the gaming sector. This week, the organizations signed a Memorandum of Cooperation in Belgrade at a meeting hosted by Serbia’s Association of Gaming Operators (AGOS). Bulgaria’s Association of Online Gaming and Gambling Operators (AOGGOB) co-led the initiative. Enhancing Enforcement Against Illegal Gambling The agreement aims to unify the voice of the region’s gambling industry by bringing together seven national associations representing operators, suppliers, and tech providers. These associations hail from Serbia, Bulgaria, Croatia, Romania, Montenegro, Bosnia and Herzegovina, and North Macedonia. The federation was created as a platform to coordinate policy, compliance, and commercial activities throughout the region without replacing existing national organizations. In a Monday statement, the federation noted it intends to leverage combined expertise and resources to boost enforcement efforts against illegal gambling. It will also work to combat unfair competition, facilitate the exchange of regulatory best practices, and conduct joint lobbying on legislative issues. Additionally, it plans to foster business partnerships, organize regional events, and roll out shared marketing initiatives aimed at raising the Western Balkans’ profile within Europe’s gaming sector. At the Belgrade meeting, attendees presented market analyses and discussed initial contributions. The federation agreed on a provisional brand identity and established internal communication channels to coordinate upcoming initiatives. The Nations Backing the Federation Launched by Serbian and Bulgarian industry associations and held in Serbia’s capital, the memorandum aligned with ongoing regulatory reforms across the region. The participating countries have a diverse range of regulated gambling markets. Serbia and Romania are recognized for their large online gambling sectors that attract international operators like Bet365, Evoke, and most recently, Superbet via its acquisition of Maxbet. Croatia and Bulgaria have substantial land-based casino industries alongside expanding online operations. Bosnia and Herzegovina has a more fragmented regulatory landscape, a challenge the federation aims to address. Bulgaria recently tightened sports betting regulations to impose an absolute ban on betting by its national football players and team staff. This follows an increase in the self-exclusion period to one year. As of March 2025, 54,000 individuals had opted into Bulgaria’s self-exclusion programme. Croatia is currently rolling out a national self-exclusion scheme for gamblers. Meanwhile, Montenegro is facing disputes over planned tax reforms. Relations with European Entities A major discussion topic was the federation’s ties with EUROMAT, the leading European amusement and gaming association. Several BGF member bodies already hold memberships with EUROMAT. The meeting’s consensus was to position the BGF as a distinct Balkan cluster that maintains connections with existing European frameworks while asserting its own regional identity. The associations scheduled a follow-up gathering on May 26, coinciding with the Belgrade Future Gaming exhibition. Organizers expect to finalize the federation’s governance structure and elect its president by autumn 2026. Kathryn EvansKathryn reports on concise breaking news with a primary focus on EMEA and US legislative matters. A proud North Walian, fluent Welsh speaker, and lifelong Wrexham FC supporter — long before Hollywood came calling. 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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Gamban Excluded from Gambling Harms Funding by OHID iGame

Gamban Excluded from Gambling Harms Funding by OHID

(AsiaGameHub) - The ongoing dispute concerning the implementation of the new statutory levy for gambling harms has intensified, following confirmation from Gamban that it will not receive funding. Gamban, formerly supported by GambleAware, expressed disapproval of OHID's choice to exclude it from the new funding mechanism because of its status as a limited company. Gamban is widely acknowledged as the most effective software for blocking access to gambling platforms and content on all devices. When the shift to the new levy system was confirmed last year, GambleAware declared its intention to stop operating, highlighting the profound nature of this change, given that GambleAware had previously overseen gambling harm treatment programs. Gamban announced that OHID's decision means it can no longer offer its service for free; it will now cost £4.99 monthly or £29.99 annually. Before this, Gamban was available at no cost following a referral from TalkBanStop or certain other referral pathways. The organization criticized OHID's process, asserting that its status as a limited company “was not a justifiable reason to exclude the most effective gambling blocking software from the commissioning process,” and disclosed that it has had to take measures to uphold the service quality its users depend on. Matt Zarb-Cousin, co-founder of Gamban, who had previously advocated for the new levy system expecting it to boost funding for high-quality services, characterized the criteria OHID adopted as ‘perplexing’ and expressed doubts about whether the new system would lead to service improvements. ‘An inevitable outcome’ Mark Conway of Consultancy for Gambling Harms echoed the criticism of the OHID process, calling it a ‘sad inevitable outcome’ stemming from the commissioning approach used for dividing VCSE and LA/NHS Levy funding. He further noted his belief that Gamban's commercial nature would have presented challenges for commissioners even under the previous RET system, and he lamented the insufficient adaptations made during the process, considering Gamban's significance to the industry. Conway, commenting on LinkedIn, attributed the core problem to inadequate preparation or a thorough grasp of the prior gambling harms sector during the shift to Levy funding. Conway characterized it as ‘a rushed transition lacking a genuine continuity plan – merely competitive bidding divided across different service provision categories.’ The Gambling Lived Experience Network (GLEN) also condemned the restrictive nature of the approach and the ‘mismanagement of the levy process,’ labeling it ‘a stark illustration of the consequences when established system experts and stakeholders are left out of strategic planning and decision-making.’ GLEN explained that Gamban finds itself in a predicament similar to when over 10,000 users of the GambleAware App abruptly lost support because OHID opted not to continue backing that particular tool. GLEN further stated: “Our current predicament stems from inadequate planning… and ill-timed circumstances where the most crucial transformation in addressing Gambling Harms in this nation was unexpectedly assigned to State bodies that neither requested, desired, nor possessed the necessary expertise or capability to manage them.” OHID's lack of collaborative effort also drew criticism from other segments of the industry. Jordan Lea, founder of Deal Me Out, disclosed that his group withdrew from the OHID process early on, and he denounced the new process, voicing concerns about the rapid move towards a more assertive and uncompromising public health approach. During his address at the Illegal Gambling Prevention Summit earlier this month, he expressed regret that his initial apprehensions regarding the new process were materializing, leading to substantial job losses and the closure of numerous vital charities. This encompassed GambleAware's exit, which Lea believed was a primary objective for many advocates at the start of the process, driven by a desire to eliminate entities with any past industry funding. Escalating concerns Organizations, including GambleAware, have consistently cautioned that the new funding structure could jeopardize the standard of care for users as treatment becomes fragmented across the UK – a situation highlighted by Gamban's free availability in Wales versus its status in England and Scotland. GambleAware's legacy report, published prior to its cessation of operations today (March 31), declared: “As the system undergoes transition, worries are mounting regarding the potential loss of institutional expertise and advancements within the sector. Concurrently, there is apprehension that disparities in local capabilities might lead to variations in service quality across different areas. Without intentional intervention, these hazards could undermine progress achieved in prevention, early intervention, and fairness of response.” Acknowledging the growing difficulties associated with the new levy's implementation, the UK Government last week introduced the Gambling Levy Transition Fund (GLTF), offering an additional three months of funding to organizations that did not secure initial funding. The Department for Culture, Media and Sport recognized the 'transformative change' ushered in by the funding shift and stated that the GLTF was established to 'guarantee the uninterrupted provision of gambling harm prevention and treatment services in England.' 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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NICC Prolongs Licence Suspension of The Star Sydney iGame

NICC Prolongs Licence Suspension of The Star Sydney

(AsiaGameHub) - The New South Wales Independent Casino Commission (NICC) has once more extended the license suspension for The Star Entertainment Group’s Sydney-based casino. On March 12, the NICC received a pathway-to-suitability submission from The Star Sydney, where the operator restated its January communication indicating it would not pursue a license determination during this month. The Star Sydney has been under suspension for more than three years, as the operator was deemed no longer fit to hold a casino license following two NICC-ordered reviews by Adam Bell SC (in October 2022 and August 2024) that uncovered multiple regulatory breaches. In deciding on the initial suspension, the NICC considered the potential for the casino to meet the commission’s requirements through proper corrective measures, so it did not revoke the property’s license entirely. Nicolas Weeks was named manager of The Star Sydney to enable gaming activities to keep running at the venue. This latest extension ensures the casino’s license suspension stays in effect, and Weeks’ role has been prolonged until September 30, 2026—unless the appointment is ended before that time. In a regulatory update to its investors, The Star mentioned that the suspension extension pertains to ‘the current term of the appointments of the Special Manager to The Star Gold Coast and the External Advisor for The Star Brisbane’. NICC Chief Commissioner Philip Crawford has commended The Star’s new leadership team, saying: “The new owners are implementing major changes to the way the business operates, and these are being closely monitored by the NICC. “This includes efforts to enhance the business’s long-term financial sustainability, which will help them prove their suitability. We will keep collaborating with The Star on their key remediation tasks so the casino can address the critical issues highlighted in the two Bell investigations.” WhiteHawk swoops in Earlier this week, The Star advanced its debt refinancing process with WhiteHawk Capital Partners by submitting its commitment letter on schedule, progressing toward refinancing its current debt “in full and securing incremental liquidity to maintain enough cash flow for day-to-day operations”. To prevent default, The Star must finalize the refinancing by May 15, 2026. However, the operator has had a tentative agreement with WhiteHawk since February and has been evaluating its resource structure and strategic direction. This agreement comes after The Star released its H1 FY26 results earlier this month, where it expressed positivity despite a turbulent end to 2025—ending with normalized net revenue of A$585 million (compared to A$650 million in H1 FY25) and a substantial net loss of over A$75 million.This was also the first reporting period under the new management team, which followed the completion of a A$300 million strategic investment by Bally’s Corporation and Investment Holdings late last year. 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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Swedish Gambling Data Challenges Liberalization Assumptions iGame

Swedish Gambling Data Challenges Liberalization Assumptions

(AsiaGameHub) - Swedish gambling industry stakeholders are being encouraged to adopt more evidence-based strategies to address problem gambling, as recent analysis underscores the intricate risk profiles that influence player habits. Collaboration between regulators, operators, and public health authorities is deemed essential to safeguard Sweden’s stable problem gambling statistics against both existing and emerging challenges. These insights stem from a report commissioned by BOS, the Swedish Online Gambling Trade Association, and authored by economist Ola Nevander of Makrologik. Spanning 25 years of data, Nevander’s study, titled “The Development of Problem Gambling in Sweden,” offers a long-term perspective on the evolution of gambling addiction while questioning common beliefs regarding how market growth, regulatory shifts, and increased accessibility influence these rates. Regarding prevalence, the study reveals that problem gambling in Sweden has decreased and leveled off over the last two decades, despite market liberalization and total gambling expenditure reaching approximately SEK 28bn (€2.8bn) by 2024. The percentage of problem gamblers has dropped from over 2% in the late 2000s to roughly 1.3% today—a statistically significant decline at the population level. Notably, the transition to a licensed online framework post-2018, which currently supports about 60 B2C operators, has been a key development. Despite these structural changes, Sweden has maintained a problem gambling rate of about 1.3%, keeping it below that of comparable Nordic nations, though international comparisons are often complicated by differing methodologies. Economist Nevander remarked on the findings: “The result is a consistent downward trend. This outcome may be unexpected, given the dynamic evolution of the gambling sector during this timeframe. Gambling marketing is more widespread than before, the variety of products is significantly larger, and games are accessible 24/7 via mobile devices. Nevertheless, gambling addiction is on the decline.” Crucially, the report disputes the idea that increased availability, advertising, and product innovation are the primary drivers of problem gambling. During the same period that digital access became nearly universal, product offerings grew substantially, and marketing reached record levels, yet the prevalence of problem gambling fell rather than rose. Instead, the research points to a more complex interplay of societal and behavioral risk factors. Problem gambling is more closely associated with individual vulnerabilities—such as mental health issues like depression and impulsivity, risky alcohol use, significant life stressors, and behaviors like chasing losses. These factors suggest that harm is concentrated within specific high-risk groups rather than spread evenly across the general population. The report further notes an ‘absolute decline’ in the number of Swedish problem gamblers, which has dropped by 57,000 since 2008, while the broader category of ‘at-risk’ players has decreased by 200,000 since 2018. Emphasis is instead placed on the structural importance of regulation. Sweden’s 2019 licensing system facilitates duty-of-care requirements, self-exclusion tools, and data-driven monitoring of player behavior within the regulated sector—mechanisms considered vital for early risk detection and intervention. However, these protections are only effective within the licensed sphere. Channeling players toward regulated operators remains vital, as migration to unlicensed or offshore platforms undermines oversight and eliminates access to support tools. Evidence indicates that a notable number of self-excluded individuals continue to gamble on unregulated sites, representing a significant vulnerability in the current system. BOS Secretary General Gustaf Hoffstedt stated that the findings highlight the potential for technology and regulation to further mitigate harm: “With the shift from traditional, anonymous kiosk gambling to today’s digital products, we haven't completely solved the issue of gambling addiction, but we appear to be on the right path.” “When utilized correctly and responsibly, online gambling and AI provide us with new tools to reduce problem gambling to levels likely lower than ever before. We are heading in the right direction, but there is still much to be done.” Ultimately, the report reinforces a core conclusion: problem gambling is not merely a byproduct of market size or accessibility, but the result of an interaction between individual vulnerability, behavioral patterns, and institutional frameworks. For Swedish stakeholders, the goal is not to impose total market restrictions, but to ensure that regulation promotes high channelization, effective oversight, and targeted interventions for those most at risk. In this light, Sweden serves as a case study in regulatory balance—where market liberalization has occurred alongside stable or decreasing harm—though maintaining this equilibrium will require ongoing cooperation as new risks arise. 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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Banijay upbeat on ‘resilient’ markets offering ‘regulatory stability’ iGame

Banijay upbeat on ‘resilient’ markets offering ‘regulatory stability’

(AsiaGameHub) - During an investor presentation on March 26, Banijay Entertainment—parent company of Tipico and Betclic—reaffirmed its confidence in the strictly regulated European markets where it currently operates. In its investor deck, the operator stated that Betclic maintains the top position for online betting in France, while Tipico holds the leading spot across Germany’s betting sector. The group added that Tipico’s Admiral betting business also holds a strong leading position in Austria. Banijay noted that its acquisition of Tipico—first announced in October 2023—“strengthened its leadership in sports betting and gaming by adding two new countries with leading positions.” Group CEO François Riahi commented that Europe remains “the largest and one of the most attractive regions globally for the business.” According to Riahi, Europe represents “half of the global [gaming] market, which importantly, and unlike the US, was characterised by greater regulatory visibility and stability.” The CEO pointed out that operating in highly regulated markets enhances the predictability of their business model. Notably, France, Germany, and Austria are considered among Europe’s more restrictive markets. France does not legally permit iGaming, while Germany has been grappling with strict player restrictions—including stake and deposit limits—and a large black market. Currently, only one licence is available in Austria for lotteries and online gaming products. This 15-year permit is held by Win2day, a brand of Austrian Lotteries (a subsidiary of Casinos Austria, which also owns all 12 land-based casino licences). Top-tier operators consolidating in strictly regulated markets However, this push by leading European gaming groups to prioritise heavily regulated markets appears to be part of a broader trend. FDJ United, which acquired Kindred last year, has made similar moves to consolidate the sector in these markets. This strategy supports the trend of tier-one players consolidating the sector as smaller operators struggle to navigate tax hikes amid tightening restrictions across the continent. Speaking to iGB on this topic last November, veteran gambling strategist Vaughan Lewis said: “This shows that significant value creation is driven by regulated markets. Regulatory challenges create entry barriers, which tend to increase the value and sustainability of leading operators.” Addressing investors, Banijay’s Riahi stated that the operator’s current markets are underpinned by robust frameworks to protect established players. This, he said, creates meaningful entry barriers and reduces the risk of disruptions. Excluding the black market, he estimated Europe’s gambling sector accounts for 44% of the global €97 billion in GGR in 2024. He noted that France, Germany, Austria, Poland, and Portugal are currently underserved markets. For France, he expects a 5-7x growth opportunity—from a market of three million players to up to twenty million. Banijay is targeting €100 million in synergies between Tipico and Betclic over the mid-term, split into €70 million in opex and approximately €30 million in capex synergies. Germany’s regulation deemed “too strict” Despite his confidence in European growth, the Banijay CEO expressed frustration with Germany’s challenging regulatory landscape while answering analysts’ questions. “Germany is a country where regulation is too tough, and a portion of the market still consists of an unprotected black market,” he said. But Riahi added that it is the sector’s role to work with policymakers to tackle growing black market threats. “The same applies to iGaming in France, so we believe that with our expanded European presence, it will be our job to convince governments that it is in no one’s interest to let a black market develop when regulation is too stringent and intended to protect,” he noted. Germany’s regulator recently reported that its black market accounts for only 23% of the total market size. However, stakeholders warned this was an overly “conservative” estimate, with the actual figure closer to 50%. On prediction markets, Riahi said Banijay’s brands have not experienced any leakage in European sports betting. He noted that European regulation is heavily restrictive of novelty and non-sports markets, leaving no room for prediction markets to develop in the region. Nicole MacedoNicole got her start in local newsrooms in her native Gibraltar and helped establish the peninsula’s first online-only broadcaster. 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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Illicit UK assets linked to a Chinese fugitive facing international scrutiny iGame

Illicit UK assets linked to a Chinese fugitive facing international scrutiny

(AsiaGameHub) - The UK Crown Prosecution Service (CPS) has utilized Unexplained Wealth Orders and Interim Freezing Orders to freeze the assets of a wanted Chinese national, who allegedly has connections to an illegal gambling network operating across China. Previously identified only as Mr X, the fugitive at the center of the asset freeze has been revealed by the OCRP and The Times as Su Jiangbo, a Chinese national facing significant allegations regarding his involvement with illegal casinos. While UK authorities have not yet confirmed any charges, 85 luxury London properties associated with Jiangbo have been frozen. To acquire these London properties, Jiangbo used a golden passport from St Kitts and Nevis, highlighting a potential vulnerability in the UK's anti-money laundering defenses. However, the UK has implemented an Unexplained Wealth Order (UWO), requiring Jiangbo to account for the source of funds that facilitated extensive spending, including the purchase of numerous properties in the UK capital. Jiangbo's alleged ties to an illegal casino network are a significant concern, with Chinese officials accusing him of conducting illegal cross-border online operations targeting the country's citizens. Furthermore, the extent of Jiangbo's spending underscores the scale of the global unlicensed market that allegedly enabled him to amass such wealth. The substantial demand for gambling in Mainland China, where it remains largely prohibited, has fueled the growth of the illicit market, often operating from bases in Cambodia, the Philippines, or Singapore. The consultancy firm IMARC Group estimated that China's online gambling market was valued at $11.4 billion in 2024, with projections indicating a rise to $19.8 billion by 2033. Efforts to curb casino centers in Cambodia have continued this year, with enforcement actions in the country highlighting the widespread operations that continue to affect Southeast Asia. Crackdowns in Cambodia According to reports earlier this year, approximately 190 scam centers were shut down following a series of actions by Cambodian officials, leading to the arrest of 173 senior crime figures. Cambodia also recently revoked the citizenship of and extradited Chen Zhi, a Chinese-born business tycoon accused of operating a major illegal gambling network. Zhi's methods, in some respects, are similar to the accusations against Jiangbo, as Zhi also acquired property in London. However, Zhi's portfolio appeared to be more diversified, as he was the Founder of Prince Holding Group, a multi-billion-pound conglomerate based in Cambodia. The group was accused by UK and US authorities of establishing casinos and compounds to facilitate lucrative scams. A statement from Cambodia’s Interior Ministry stated: “Within the scope of cooperation in combating transnational crime and pursuant to a request from the relevant authorities of the People’s Republic of China, the authorities of the Kingdom of Cambodia have arrested three Chinese nationals – Chen Zhi, Xu Ji Liang and Shao Ji Hui and extradited to the People’s Republic of China.” It was also alleged that Zhi used offshore companies to secure property investments in the UK's capital. While Jiangbo was directly linked to London property, Zhi, through his network of companies, also faced significant asset freezes from the UK government. UK and US authorities jointly accused Zhi of engaging in "industrial scale" fraud, seizing 127,271 bitcoins, valued at approximately $15 billion, and freezing assets connected to the Prince group. UK Foreign Secretary Yvette Cooper stated when the sanctions were announced: “Together with our US allies, we are taking decisive action to combat the growing transnational threat posed by this network – upholding human rights, protecting British nationals and keeping dirty money off our streets.” Ensuring Macau's Prosperity With Chinese nationals being the target for many unlicensed operators in Southeast Asia, securing a thriving market in Macau is still considered a strategy to counter illicit actors. In recent times, the Chinese government has also supported efforts to maintain the stability of Macau’s gambling sector and encourage the retention of VIP players in the region. A notable development saw Macau adopt a more relaxed approach to currency exchange within its venues, moving away from stringent regulations. Now, Galaxy Entertainment Group, Melco Resorts & Entertainment, and SJM Holdings can all offer currency exchanges as a result of the recently implemented changes. This is part of a broader governmental initiative to centralize control and ensure compliance within the casino sector, thereby increasing the industry's regulatory stability. iGaming Expert Analysis: This story should have significant implications across various sectors, as London's property market appears to continue being a target for individuals acquiring illicit funds through gambling. The concerns regarding the Southeast Asian market should also be considerable, given the undeniable scale of these operations and the wealth generated from them. 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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Who Will Finance Codere’s $2bn Acquisition? iGame

Who Will Finance Codere’s $2bn Acquisition?

(AsiaGameHub) - Rumors have been swirling throughout Spain and Latin America ever since news broke last week that Grupo Codere has brought on advisors to oversee a $2.3bn (£1.7bn) sale process. While the asset is appealing thanks to the company’s presence across markets including Spain, Mexico and Argentina, plus its fast-growing online segment, recent financial struggles and broader global uncertainty have sparked questions over who has the capital on hand to meet the steep asking price. Codere is currently owned by roughly 84 investment funds, after a 2024 debt-for-equity agreement cut the company’s net debt from €1.4bn (£1.2bn) down to €190m (£165m), and Ted Menmuir, SBC’s Editor-at-Large, suggested the $2bn figure is a way to ‘primarily reward bondholders’. During an appearance on the iGaming Daily podcast, he said: ‘It seems clear that the narrative being pushed here is that whoever buys this company will secure the second largest gambling brand in Spain with both retail and online operations. They will also gain a foothold in the markets of Mexico, Uruguay, Argentina and Colombia. ‘However, I believe it is important to take Codere’s track record into account. This is a company that carried €2bn of debt for the last decade. It only just recently completed its capital renegotiation with bondholders, which reduced that debt by 95%, so there is still no clear consensus on what Codere has actually proven it can deliver.’ Lucia Gando, Editor of SBC Noticias, pointed to the 2018 purchase of CIRSA by Blackstone, the world’s largest private equity fund, as a template for the path the sale may take. Blackstone already holds a substantial gambling industry portfolio, and still retains a stake in CIRSA even after the company was listed on the Bolsa Madrid stock exchange in January 2025. The fund also acquired Crown Resorts in June 2022 and is the primary owner of casino properties in Las Vegas. Blackstone, or a comparable private equity fund, may view Codere as an attractive investment prospect and have the required capital to complete the purchase at the asking price set out by Codere. The other leading potential buyers are top multinational gambling groups in the sector, such as Flutter or Entain. However, Menmuir acknowledged that taking a chance on the Spanish and Latin American markets is a ‘risky bet to take on’ given ongoing uncertainty over the future regulatory trajectory of the respective regions. In Codere Online’s latest financial report, the operator posted year-on-year growth of 6% from €212m to €224m, but tempered any optimism around these results with a warning of higher tax costs in the coming years, with knock-on effects expected to hit Mexico and Colombia in particular. Meanwhile, similar planned tax increases across markets such as the UK and the Netherlands, alongside broader geopolitical tensions that are weighing on foreign currency values, are placing significant strain on the finances of the entire sector. For firms like Flutter and Entain, the opportunity to expand across Latin America and Spain is no doubt enticing; however, it remains unclear how much appetite such companies have for pursuing acquisition opportunities right now. Flutter’s recent M&A activity has focused on geographic expansion and cementing its market leadership, as demonstrated by its €2.3bn acquisition of Snaitech in Italy and its move to take full control of FanDuel – both deals completed in 2024. A potential deal for Codere would follow a similar formula to the strategy that has worked for Flutter in its recent expansions, as the group may be drawn to the Latin American growth opportunity. Entain has been far less active on the M&A front, making only low-profile investments in Polish firm STS Holding and US-based Angstrom Sports. ‘If you look at this from a high-level perspective, it is very obvious that you will need some form of private equity fund to step in. On the European side, Lottomatica is a company that has spoken of leading global expansion efforts, but I do not think they will have the appetite to take on a company that carries so many liabilities,’ concluded Menmuir, who added that any deal is likely to have a tiered structure, with stock-based compensation included as part of the payout terms. 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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Survey: Problem gambling rate in Sweden drops, but there’s still ‘room for improvement’ iGame

Survey: Problem gambling rate in Sweden drops, but there’s still ‘room for improvement’

(AsiaGameHub) - A new report commissioned by the Swedish Trade Association for Online Gambling (BOS) and written by economist Ola Nevander indicates that problem gambling rates in Sweden have decreased significantly since the late 2000s. This downward trend occurred even as the online gambling sector saw rapid expansion, higher advertising spend, and improved digital access. The study utilized the Problem Gambling Severity Index (PGSI) as a screening mechanism to quantify these figures. A decrease in problem gambling The frequency of problem gambling among adults in Sweden has seen a major reduction. The percentage of the adult population identified as problem gamblers (with a PGSI score of 3 or higher) fell from 2.2% in 2008-09 to 1.3% by 2021. This represents a decrease of approximately 57,000 individuals, marking a 35% drop over the period. Furthermore, the number of people classified as at-risk gamblers (PGSI 1+) decreased by an estimated 200,000 during the same timeframe. Despite this overall decline, the rate of severe problem gambling (PGSI 8+ or equivalent) has remained largely constant over the decades, staying between 0.3% and 0.6% of the population. Among those who participated in online gambling over the past year, the rate of problem gambling fell sharply from 12% in 2008-09 to roughly 4% between 2018 and 2021. While problem gambling is on the decline, Swedes remain active participants in the market. A recent study by Casinofeber found that nearly 18% of Swedes played online casino games in 2025, while 24% engaged in online sports betting during that same year. These developments occurred during a transformative two decades for the Swedish market. Real-term marketing spending by the industry grew nearly ninefold between 2000 and 2024, reaching a peak in 2018 before falling after the 2019 licensing reforms. Online casino options grew more than ten times between the mid-2000s and 2019. Furthermore, smartphone and internet usage reached almost total saturation by 2020. Market channelisation and self-exclusion A significant institutional factor mentioned is the movement of players toward licensed platforms. Higher channelisation allows for the consistent enforcement of consumer safety measures, such as duty-of-care requirements, self-exclusion options, and data-led monitoring. BOS reported an overall channelisation rate of roughly 85%, though rates are slightly lower for online casinos. Norway and Denmark have achieved higher rates of 91.5% and 91% respectively, while Finland’s rate sits much lower at 48% as it prepares for its own licensing changes. Sweden’s national self-exclusion registry, Spelpaus, recorded approximately 136,000 users by March 2026, representing 1.6% of the adult population. However, data from helplines and surveys suggest that about half of those who self-exclude continue to gamble via unlicensed providers. The effectiveness of CBT The report examines both domestic and international research regarding treatment and prevention strategies. While machine-learning systems that monitor transaction data show potential for identifying problem gambling, long-term studies are still needed. Cognitive behavioural therapy (CBT) has shown strong results in mitigating gambling harm. The survey noted that meta-analyses indicate CBT can effectively reduce gambling frequency, spending, and addiction symptoms compared to control groups. Jakob Jonsson, a psychologist with extensive experience in treating gambling disorders, advocated for centralized systems to combat the sense of anonymity in online gambling. He noted that many players feel invisible, as if their actions are unobserved. Sweden overhauled its online gambling regulations in 2019, establishing a licensing system with specific requirements for operators. The country has recently engaged in further regulatory discussions. Hasse Lord Skarplöth, the outgoing CEO of ATG, suggested that Sweden should adopt a tiered tax system to protect horse racing from tax increases, similar to models used in the UK. David Sundén, an expert in regulatory policy and taxation, noted that while the Swedish system is generally effective, there is still room for progress. He suggested that Sweden should look to its neighbors to learn what pitfalls to avoid, noting that no single country has a perfect system. Kathryn EvansKathryn provides concise coverage of breaking news, focusing on legislative developments in the US and EMEA. Originally from North Wales, she is a fluent Welsh speaker and a devoted supporter of Wrexham FC. 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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PAGCOR relaxes license fee timeline by delaying implementation iGame

PAGCOR relaxes license fee timeline by delaying implementation

(AsiaGameHub) - The Philippine Amusement and Gaming Corporation (PAGCOR) has issued a memorandum delaying the rollout of the new monthly minimum guaranteed fee (MGF) for licensed online operators by two months, according to reports. As reported by Inside Asian Gaming, the Electronic Gaming Licensing Department at PAGCOR likely initiated this postponement due to the "current economic crisis." Consequently, the first tranche has been pushed from 1 April 2026 to 1 June 2026, while the second tranche has been moved from 1 October 2026 to 1 January 2027. Upon the implementation of the first tranche, operators providing electronic casino games to the Philippine iGaming sector will be required to pay a monthly MGF of Php 9m (roughly €129,200) if their monthly gross gaming revenue (GGR) reaches at least Php 30m (roughly €430,800). For those not offering online casino titles, a monthly MGF of Php 3m (roughly €43,080) will apply, provided they generate a minimum monthly GGR of Php 15m (roughly €215,400). Regarding the second tranche, suppliers of online casino games will face a monthly MGF of Php 10.5m (roughly €150,800) if their monthly GGR is at least Php 35m (roughly €502,600). Operators who do not provide online casino games will be subject to a monthly MGF of Php 4m (roughly €57,400) if their monthly GGR hits a minimum of Php 20m (roughly €287,300). Any operator found offering online casino games without proper declaration to PAGCOR will face administrative sanctions, which could include the suspension or revocation of their accreditation. Inside Asian Gaming also noted that the memorandum indicates PAGCOR will perform a thorough assessment of industry conditions to determine if further adjustments to the MGF are necessary to ensure the long-term viability of the sector. PAGCOR tightens regulatory screws While extending the MGF timeline, PAGCOR has recently intensified its regulatory oversight of the gambling industry, securing agreements with the Department of Justice (DOJ) and Gaming Laboratories International (GLI). A newly signed memorandum of agreement with the DOJ incorporates its personnel into PAGCOR’s list of individuals prohibited from entering casinos. According to the state-run Philippine News Agency, this marks the first such agreement between the regulatory body and the government agency. Justice Secretary Fredderick Vida stated: “This data-sharing initiative is both timely and necessary. By enabling a more efficient and accurate identification system, we strengthen enforcement mechanisms and ensure that policies are not only written but meaningfully implemented. “It allows PAGCOR to better regulate access to gaming revenues and empowers the DOJ to reinforce discipline within its ranks.” In other developments, GLI has become the first gaming testing firm to receive certification from PAGCOR, tasked with the testing and verification of iGaming platforms within the Philippine market. Alejandro Tengco, Chair and CEO of PAGCOR, remarked: “We are pleased to acknowledge GLI as the first testing and game certification provider to be accredited in the Philippines under this new framework. GLI is a global leader in regulatory advisory, iGaming and EGM testing/certification, and data security. “PAGCOR now requires all iGaming B2B suppliers operating in the Philippines to be accredited to ensure they comply with the rigorous requirements needed to protect iGaming players.” 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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Flexifai’s AI Routing Engine Drives Conversion Gains in Ghana iGame

Flexifai’s AI Routing Engine Drives Conversion Gains in Ghana

(AsiaGameHub) - Flexifai, a payment tech firm focused on high-friction markets, has rolled out an AI-powered routing engine designed to boost transaction approval rates in emerging economies. The firm states that a digital operator in Ghana saw its conversion rate jump from 43% to 73% within a month of the system going live, achieving this without altering the product design or checkout process. This outcome was achieved through three linked features: intelligent routing, which chooses payment paths using real-time performance metrics like authorization rates and processing latency; cascading logic, which sends transactions to backup providers if they fail; and automated retry mechanisms that try again on declined transactions before the user session ends. Ghana posed a distinct infrastructure challenge that influenced the rollout. Mobile money systems in the region do not have the anti-fraud monitoring tools that card-based environments usually possess. This created a situation where fraudulent activity—such as one user cycling through many phone numbers or email addresses—was hard to spot at the provider level. Flexifai solved this issue by creating alert systems linked to specific data fields that show the strongest link to fraud signals: customer phone numbers, email addresses, and the transmission sequence of that data. This method allowed for large-scale pattern recognition and generated structured reports, enabling the operator to spot potential high-risk users and act accordingly. “Ghana is a market with a growing digital economy and genuinely unpredictable payment infrastructure,” said Sofiia, head of sales at Flexifai. “Routing technology that adapts to those conditions in real time is not a secondary feature – it is the core of what makes conversion possible in markets like this.” This identical strategy has since been utilized in Kenya and Zambia, where the lack of antifraud infrastructure in mobile money ecosystems creates similar hurdles. In both nations, Flexifai implemented data-driven pattern recognition to set up pre-emptive fraud analysis in settings where standard PSP tools offered little visibility. The routing engine analyzes signals such as user device type, IP address, and geo-risk indicators, as well as time-of-day bank behaviour, issuing bank traits linked to the BIN level, and real-time gateway load. Flexifai presently facilitates over 80 local payment methods throughout Africa, Europe, Latin America, Australia, Canada and New Zealand. Its African reach encompasses mobile wallets like OPay, PalmPay, MTN MoMo and Airtel, alongside USSD rails, agent networks, instant bank transfers and open banking infrastructure. The firm keeps on-the-ground teams in Lagos and various parts of Latin America. The routing engine is currently active and keeps adding new data signals and providers as the platform grows. 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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Nepal Closes Down the Online Gaming Industry iGame

Nepal Closes Down the Online Gaming Industry

(AsiaGameHub) - On Sunday, Nepal’s Ministry of Communications and Information Technology (MoCIT) ordered the Nepal Telecommunications Authority (NTA) to carry out the directive: “immediately close [all] betting apps and websites, including any electronic betting” within a 24-hour window. In response, the NTA collaborated with internet service providers to block access to these platforms. This ban is part of a 100-point policy reform agenda under Prime Minister Balendra Shah, who was elected on March 5. The 35-year-old rapper and former Kathmandu mayor—who built his following via social media and pledged greater governance transparency—secured nearly a two-thirds majority, easily defeating his controversial rival KP Sharma Oli. Shah was sworn into office on March 27. The next day, Oli was arrested on allegations of authorizing deadly force during public demonstrations in Nepal last September. During the so-called “Gen-Z uprising,” police killed at least 19 people who took to the streets to protest government corruption. They also opposed a ban on social media platforms including Facebook, Instagram, YouTube, and X, which Oli claimed had failed to comply with government regulations. Those bans have since been lifted. Curbing the Surge in Online Gambling All forms of gambling are illegal in Nepal, and participation is considered a criminal offense. Penalties include fines of Rs30,000 (about US$300), device forfeiture, and jail terms ranging from three months to one year. Despite the prohibition, the government has grown increasingly concerned about the rise in online betting—with its potential financial and social harms, especially for young users. Citing similar risks, India, Nepal’s South Asian neighbor, also banned online gambling last year. MoCIT has promised “strict action … against anyone who uses or operates betting apps and websites unauthorisedly”. Marjorie PrestonMarjorie started her gaming career in 2007 and has focused on Asian gaming markets since 2020. Outside work, she writes about travel and film and plays the drums. 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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PAGCOR Agrees with DOJ to Implement Enhanced Casino Restrictions iGame

PAGCOR Agrees with DOJ to Implement Enhanced Casino Restrictions

(AsiaGameHub) - The Philippine Amusement and Gaming Corporation (PAGCOR) has bolstered the nation's gambling integrity through a new memorandum of agreement with the government’s Department of Justice (DOJ). DOJ personnel will now be included on PAGCOR’s roster of individuals prohibited from entering casinos, marking the first such accord between the government agency and the state gaming regulatory body, as reported by the state-run Philippine News Agency. Out of an estimated 4.5 million government officials and employees, 600,000 are currently on the list of restricted individuals. PAGCOR Chair and Chief Executive Officer Alejandro Tengco formalized the agreement alongside Justice Secretary Fredderick Vida. Vida commented: “The presence of government officials and employees in gaming establishments, in contravention of existing laws and regulations, erodes the ethical standards we are committed to upholding.” Presidential Decree 1869 prohibits government officials and employees from engaging in gambling. The DOJ comprises approximately 60,000 employees across its central offices and affiliated agencies. PAGCOR has invalidated PHP310 million in winnings after verifying the identities and eligibility of players in regulated gaming venues, including Casino Filipino. Vida stated: “This data-sharing initiative is both opportune and essential. By facilitating a more efficient and accurate identification system, we enhance enforcement capabilities and ensure that policies are not merely documented but effectively implemented. “It enables PAGCOR to better manage access to gaming revenues and empowers the DOJ to enforce discipline within its ranks.” PAGCOR recently granted accreditation to Gaming Laboratories International (GLI) for iGaming testing and certification, preceding the mandate for industry suppliers to secure official accreditation to offer their products to operators nationwide, with a deadline of March 31. Upon announcing the agreement with GLI, Tengco underscored the necessity of a robustly regulated market to foster a ‘safer and more sustainable gaming industry for all participants’. He further elaborated: “Regulated gaming markets ensure a safer and more sustainable gaming industry for everyone to engage in. A regulated market facilitates adherence to responsible gaming standards and the generation of tax revenue for community reinvestment.” As the Philippine market continues its development under Tengco's leadership, addressing the grey market has been identified as crucial for the sustained stability and growth of the gaming sector. Keith McDonnell, Director of the KMI Group, recently shared with iGaming Expert: “I have been involved with the Philippines market since 2008, and since then, it has consistently been a hub for gaming in Southeast Asia. Regulations and the landscape have evolved.” Reflecting on the tightening regulations, he added: “Recent measures are intended to reinforce its long-standing position as a regional hub and ensure longevity, which would be more challenging under an unregulated framework, given the international obstacles that would entail.” 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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Public Agency Officials Accused of Casino Gambling Violations in Chile iGame

Public Agency Officials Accused of Casino Gambling Violations in Chile

(AsiaGameHub) - A major investigation in Chile, utilizing cross-referenced data from public agencies, has indicated that hundreds of officials responsible for managing or securing public funds may have breached rules forbidding casino gambling. The situation was uncovered in a recent report by the Comptroller General of the Republic (CGR), published on March 23 within the Twentieth Consolidated Circularised Information Report. Records showed a match between officials required to post bonds due to their control over state resources and casino client data supplied by the Superintendence of Casinos of Gambling (SCJ). This identified 910 individuals who placed bets between January 2024 and June 2025, with total wagers exceeding 11.49 billion pesos. However, Law 19.995, specifically Article 10(b), mandates that “those who, by virtue of their position, are responsible for the administration or custody of public funds may not, either directly or through a third party, under any circumstances, engage in any form of gambling in casino games.” Local media reported: “The reason for this prohibition is to safeguard collective resources and prevent those with such responsibilities from being exposed to environments that could compromise their duties.” The report outlined systematic breaches of this rule. Out of the 910 officials, 181 represent 96.8 percent of the total wagers—totaling more than 11.118 billion pesos. Notably, 20 individuals account for 5.392 billion pesos, and a single Chilean Air Force member wagered 1.04 billion pesos. In these instances, the betting amounts are disproportionate to the individuals' salaries. Based on these numbers, the oversight body warns this may exceed administrative concerns. “The magnitude of the bets placed by those who account for the highest amounts raises the possibility that crimes may have been committed,” the CGR stated, confirming the launch of a probe. “These entities must clarify any doubts regarding the conduct of those under investigation and apply the corresponding sanctions, which may include dismissal,” authorities noted. Additionally, the CGR will transfer the list of the 910 involved parties to the SCJ to “exercise its supervisory and sanctioning powers over 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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Soft2Bet MEGA Islands Allows Players to Build Their Own Island iGame

Soft2Bet MEGA Islands Allows Players to Build Their Own Island

(AsiaGameHub) - Soft2Bet has introduced a new retention system called MEGA Islands that enables players to create their own island. This newest component of the MEGA suite introduces a cross-session progression mechanism, allowing players to gradually develop their island by gathering resources during play to construct, enhance, and access new levels. Users of the MEGA Islands platform can also raid other islands to acquire resources and advance their own islands, with the feature offering an open-ended experience. According to Soft2Bet, MEGA Islands can help operators ‘create stronger player journeys, longer engagement cycles and more consistent value in competitive markets’. Yoel Zuckerberg, Chief Product Officer at Soft2Bet, noted: “MEGA Islands is crafted to create a natural retention experience by offering players a progressive path they wish to revisit. “When users can construct their personal island, gather resources, and unlock enhancements via raiding, every session contributes to an extended adventure. This provides players with a compelling incentive to come back while supplying operators with a retention solution that integrates seamlessly across both casino and sportsbook offerings.” Soft2Bet has already revealed that it will introduce MEGA Islands to Sweden through the debut of its Lodur iGaming platform. Lodur seeks to deliver Swedish online casino and sports wagering enthusiasts with a customized experience featuring regional payment options, sporting events, live slot games, and live dealer content. Regarding Lodur's launch, Zuckerberg remarked: “Lodur demonstrates the capabilities of our product suite when Soft2Bet's MEGA is utilized for social dynamics and player-versus-player advancement. “We have created an adventure that encourages continuous construction, competition, and return visits to Lodur, all while maintaining a smooth core experience.” Soft2Bet might be planning to expand MEGA Islands to an additional market it has lately shown interest in – Alberta. 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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Austria Extends Director Liability in Gambling Loss Disputes iGame

Austria Extends Director Liability in Gambling Loss Disputes

(AsiaGameHub) - Austria's Supreme Court has determined that executive directors may be held personally liable and accountable for online gambling disputes that breach tort law. Oberster Gerichtshof (OGH) issued its ruling following the recent opinion by CJEU Advocate General Nicholas Emiliou regarding the prolonged Wunner Case dispute. In late January, AG Emiliou from Cyprus ruled that liability for online gambling losses can be pursued under member states' tort laws. Tort law is acknowledged as a civil law area concerning harm to individuals, whether physical, personal, or financial. The AG's opinion has been applied to a ten-year dispute involving Austrian courts seeking compensation for player losses from online gambling operators lacking domestic licenses. This state enforcement has been challenged by Malta's government, which invoked Bill 55 to question the ruling's validity. Supported by the AG's opinion, the OGH holds that responsibility in these disputes can transcend "structural limitations" and extend to those managing online gambling licenses. Consequently, Austrian courts may utilize "protective orders and laws" provided under the 1989 Austria Gambling Act. The ruling is seen as a novel mechanism from the OGH enabling Austrian courts to hold online gambling operator management responsible, whereas loss accountability has previously been considered a corporate matter. Austrian media observed that "The OGH's decision represents a move away from corporate protection toward personal risk, as Austrian courts attempt to surmount cross-border enforcement obstacles." By expanding liability to directors, the Supreme Court has effectively pierced the corporate veil, allowing claimants to target individuals instead of depending exclusively on the legal entity. The OGH's latest move could substantially transform gambling litigation in Austrian courts, especially in cases where corporate claims are challenging to enforce across different jurisdictions. Malta stands by Bill-55 protections Austria's position remains at odds with Malta's protection of its licensing framework. In 2025, Malta passed Bill 55, adding Article 56A to the Malta Gaming Act. This measure aims to bar Maltese courts from recognizing or enforcing foreign judgments against Malta-licensed operators when such decisions are considered incompatible with national public policy. Malta contends that Bill 55 constitutes a legitimate legislative protection, safeguarding the Malta Gaming Authority's authority and its regulatory system's integrity. Officials assert that numerous claims from Austria and Germany pertain to eras of regulatory change. Regarding Germany, disputes primarily involve the pre-2021 period before the Fourth Interstate Treaty on Gambling (GlüStV 2021) took effect. Concerning Austria, Malta highlights incomplete regulatory structures, since online gambling stays limited under a state monopoly system operated by Austrian Lotteries' Win2Day. Maltese courts believe that Austria and Germany's inconsistent frameworks weaken the validity of cross-border claims. In 2026, Malta reaffirmed its long-held position that operators have faced retroactive and excessive enforcement measures that erode the Malta Gambling Authority's (MGA) governance. Notwithstanding Malta's opposition, the OGH has indicated that domestic courts should be capable of strictly enforcing tort laws and, when required, extending liability to the "individuals behind corporate structures." Austria… Accountability by any means necessary The decision does not establish new laws but rather reinterprets current liability principles to bolster enforcement of Austria's Gambling Act, regardless of whether regulatory updates are needed. As the supreme court of an EU member state, the OGH declares it must offer any reasonable avenues for recovering damages when corporate enforcement fails. For the broader industry, the consequences are substantial. Expanding liability to managing directors creates a new tier of risk for operators functioning in grey or unlicensed markets. Although cross-border enforcement difficulties persist, the trend is evident: European courts are progressively prepared to explore alternative accountability pathways, with legal exposure no longer limited to corporate entities but reaching those who manage them. However, any enforcement action or settlement stays uncertain, as Malta demonstrates no willingness to yield. After twenty years of legal deadlock, this conflict appears destined to persist into 2026 and beyond. 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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Virgin Bet Commences Operations in South Africa: First Expansion Outside UK iGame

Virgin Bet Commences Operations in South Africa: First Expansion Outside UK

(AsiaGameHub) - LiveScore Group has officially introduced Virgin Bet to South Africa, marking the brand's first international expansion outside of the United Kingdom. The new online platform, found at Virginbet.co.za, aligns with LiveScore Group’s strategic objective to increase its footprint across Africa, according to a company statement on Monday. Operations for the new site will be managed from the group’s established betting hub in Nigeria, which also handles the LiveScore Bet brand. The continent's premier regulated gambling landscape South Africa is recognized as the largest regulated gambling market in Africa, with oversight provided by both national and provincial regulators. According to the National Gambling Board (NGB), the country saw 1.5 trillion South African Rand ($89 billion) in total wagers during the 2024/2025 fiscal year, representing a 31.3% rise from the previous year. The sports betting sector made up 75% of these wagers, while casinos accounted for 19.5%. Bingo and limited payout machines (LPMs) contributed 1.8% and 3.6%, respectively. As of 2024, the gambling industry supported approximately 34,316 jobs, per NGB data. Meanwhile, South Africa’s National Treasury has proposed a 20% tax levy for digital gambling, suggesting a transition toward a more regulated and higher-tax environment for online betting—a move that has faced opposition from the industry. A focus on player safety and responsibility The operator stated that the new platform features various player protection tools, such as self-exclusion, time-out periods, and deposit limits. To ensure regulatory compliance and user assistance, the site will utilize age verification and a dedicated local support staff. Gail Odgers, the head of marketing for Virgin Bet South Africa, commented on the launch, stating that the company is dedicated to establishing a trustworthy brand that South African players can rely on. Additionally, the firm has committed to launching local corporate social responsibility (CSR) programs focused on advocating for safer gambling within the community. The South African site is designed to cater to the nation's large and growing sports betting audience, with a particular emphasis on major sports like rugby, cricket, and football. Odgers further noted that the local passion for sports, which are a staple of daily life, makes South Africa a highly attractive market for the company. 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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Superbet Debuts in Greece with Betting and iGaming iGame

Superbet Debuts in Greece with Betting and iGaming

(AsiaGameHub) - Super Technologies has introduced its Superbet brand to the Greek market, featuring its sportsbook and iGaming services, all managed by a dedicated local team. The company confirmed its market entry on Monday, marking Greece as a key strategic region for its growth in Central and Southern Europe. This step is consistent with Superbet's wider international expansion plan and comes after recent growth moves, such as its purchase of MaxBet, which extended its presence in Romania, Serbia, and Malta. Greece’s blooming market H2 Gambling Capital's Ed Birkin notes that Greece is a compelling market, expanding at approximately 15% annually. Its gross win is valued at €1.2 billion, with projections suggesting it will grow to €1.5 billion within the next few years. “Since under 60% of the licensed betting and gaming market is currently online, there is additional potential for migration from retail to digital,” Birkin recently stated to iGB. Approximately 20 brands are active in the market at present. OPAP's Stoiximan continues to hold the leading position, commanding about half of the licensed online sports betting sector. The market has seen an increasing operational presence, especially in Athens, where companies have set up technology and trading centers. This concentration has aided in establishing Greece as a rising hub for iGaming infrastructure in Southern Europe. Even with steady double-digit growth in online gambling revenue, digital adoption is somewhat lower than in more established European markets. This indicates potential for further growth as consumers increasingly move their activities online. ‘Mature and thriving market’ Superbet has assembled a local team headquartered in Athens that will focus on Greek sports events and community engagement. Adam Lamentowicz, Super's Chief Commercial Officer for Central and Eastern Europe, described Greece as a "mature and thriving market." “This launch is more than just a standard market entry,” Lamentowicz commented. “It represents a sustained pledge to develop the nation's most captivating entertainment ecosystem and unite people through thrilling experiences and a common enthusiasm for sports.” John Kalamvokis, General Manager of Superbet Greece, pointed to "a skilled team of professionals" recruited to run the local operations. He mentioned the rollout of a new social feature named Supersocial as a novel development designed to boost user interaction. “We are merely beginning a future success story that will progress through significant partnerships and community initiatives.” Propositions and product focus Superbet's offering in Greece will center on a comprehensive sportsbook that includes football, basketball, and tennis. It will provide both pre-match and in-play betting options with attractive odds. The operator stressed its commitment to adhering to regulations and delivering a tailored product, complete with native desktop and mobile user interfaces. 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 Star Finalizes Refinancing Agreement with WhiteHawk iGame

The Star Finalizes Refinancing Agreement with WhiteHawk

(AsiaGameHub) - The Star Entertainment Group has advanced its debt refinancing efforts with WhiteHawk Capital Partners following the timely delivery of its commitment letter. The Australian casino operator has outlined the terms of the agreement as it proceeds with refinancing its current debt completely while securing additional liquidity to maintain adequate funds for regular business operations. The three-year refinancing package comprises: A principal amount of US$390m (approximately AUS$550m at current exchange rates). An annual interest rate based on Term SOFR plus a margin materially consistent with the company's recent facility agreements. Quarterly amortisation beginning on 31 March 2027. A minimum liquidity covenant of A$50m for the first 12 months following financial close. Increasing to A$75m between 12 and 18 months, and to A$100m thereafter. A minimum asset coverage ratio commencing from 31 December 2026. A minimum EBITDA covenant commencing from 31 March 2027. An interest reserve account funded with the first 12 months of interest. Customary covenants, representations, events of default, and review events, including customary financial covenants and reporting obligations. The Star must finalize the refinancing by 15 May 2026 to prevent default, though the operator has maintained a preliminary agreement with WhiteHawk since February while assessing its organizational structure and strategic direction. The deal's execution is contingent upon meeting various conditions precedent, such as executing comprehensive finance documentation, obtaining necessary regulatory clearances, finalizing the sale of The Star's interest in the Destination Brisbane Consortium (DBC), and fulfilling other standard closing requirements. This agreement comes after The Star reported its H1 FY26 results in early March, with the operator showing optimism despite a volatile end to 2025 that resulted in normalized net revenue of A$585m (H1 FY25: $650m), along with a significant net loss of over A$75m. The period also marked the first financial reporting under new leadership, following the completion of the A$300m strategic investment by Bally's Corporation and Investment Holdings late last year. With Bruce Mathieson Jnr as Group Chief Executive Officer, The Star has implemented changes to its operational and marketing approach, launched customer-centric initiatives, and introduced additional cost-reduction measures. Mathieson Jnr stated: "We are streamlining our corporate headquarters, with key support functions to be handled at the property level in Sydney, Gold Coast, and Brisbane. These modifications will bolster our financial standing to ensure sustainable long-term success. "We remain focused on executing suitable cost-reduction programs while developing and rolling out strategies to draw customers to our venues. We are dedicated to following a transparent, pragmatic, and sustainable approach that guarantees our remediation plan meets the required standards, fostering consistency, integration, and verifiable maturity throughout the organization. "Our properties hold tremendous potential, and we are determined to evolve The Star into leading entertainment destinations." 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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Betsson: AI Has Altered the Security Defence Landscape iGame

Betsson: AI Has Altered the Security Defence Landscape

(AsiaGameHub) - Donald Tabone, Chief Information Security Officer at Betsson, has cautioned that human oversight is essential during the integration of Artificial Intelligence (AI), particularly as high-risk sectors confront an entirely new spectrum of threats. To what extent do you believe AI has amplified the significance of adaptability in cybersecurity? AI has introduced a completely new dimension to threats. While it has always been understood that people and technical systems represent some of the weakest links in security, AI has accelerated the exploitation of technical vulnerabilities and refined social engineering tactics. Consequently, there has been a substantial surge in attacks that are exceedingly difficult for either systems or humans to detect, compelling security teams to rapidly implement AI-driven countermeasures. AI has so profoundly reshaped the security defense landscape that the importance of flexibility has become paramount. How can we ensure that the increasing adoption of AI and automation does not introduce more vulnerabilities than it resolves? It is imperative for humans to maintain control over the implementation of AI and automation. This necessitates the establishment of clear guidelines. Over-reliance on and excessive trust in AI could inadvertently expose us to greater vulnerabilities rather than solving existing problems. Human verification remains critical, as AI systems are still far from perfect and not yet fully dependable. What measures can be taken to ensure efficiency in reporting potential threats and incidents? AI excels at identifying potential threat patterns, pathways, and incidents, often surpassing human capabilities in complex environments. While it sometimes lacks context, AI systems are continuously improving in this regard. As their contextual understanding advances, they should also assist humans in prioritizing threat remediation efforts. Has it become increasingly vital to dismantle internal barriers to enable rapid responses to potential cybersecurity threats? Yes, this is absolutely crucial. Just as AI tools are being widely utilized for offensive purposes, the expanded adoption of AI tools to aid in detection and mitigation becomes indispensable. Phishing, DDoS, and data breaches have been prominent in broader discussions about fraud; how are these attacks evolving specifically within the gambling sector? These types of attacks have always existed, but they have evolved with AI enabling perpetrators to conduct impersonation attacks by cloning voices and signatures, with the aim of targeting employees through spear-phishing campaigns. We recognize that these attacks are now significantly more sophisticated, leveraging emotion and timing to maximize their impact. When combined with AI, the opportunities to deceive individuals in a fast-paced environment like the gaming sector become particularly appealing to attackers. As profit margins tighten, to what extent has cybersecurity become a competitive advantage for gambling operators? Security has consistently been important for gambling operators as it safeguards the sources of value and protects player interests. Trust is a fundamental element of player retention; if a player feels secure, they will continue to engage in gaming. Irrespective of profit margins, protecting the sources of value enables businesses to achieve their strategic objectives without unintended human interference or disruption. Therefore, yes, indirectly, the absence of security issues allows businesses to flourish, creating a subtle yet increasingly significant competitive edge. What will be the most significant cyber threat to gambling operators in the next three years? It is challenging to predict definitively, as three years is a considerable timeframe. However, at the current trajectory, several factors could emerge as primary concerns. These include: Widespread adoption of AI systems for malicious purposes, Challenges related to post-quantum cryptography, Geopolitical tensions, Increasingly fragmented cybersecurity legislation, Fragmented jurisdictional requirements, Weak governance structures concerning the adoption of AI and automation tools. The era of taking security for granted has ended. Unless security is prioritized and becomes a quality characteristic of any product or service, vulnerabilities will be exploited at an unprecedented rate. This underscores the critical need for organizations to maintain firm control over how AI is adopted and governed. Tabone is scheduled to speak at the SBC Summit in Malta regarding the evolving dynamics of cybersecurity. For further details about the event and to secure your attendance in Malta, please click 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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Evidence of Recovery? Nevada Gaming Revenue and Las Vegas Tourism Show Growth in February iGame

Evidence of Recovery? Nevada Gaming Revenue and Las Vegas Tourism Show Growth in February

(AsiaGameHub) - In the first occurrence of its kind since 2024, both Nevada's gaming statistics and Las Vegas tourism figures recorded increases during the same month. The Nevada Gaming Control Board reported that the state generated $1.24 billion in gross gaming revenue in February, a 1.5% rise year-over-year. The Las Vegas Strip remained relatively flat year-over-year at $696.2 million, with the market virtually unchanged (-0.9%) for the fiscal year to date. Consistent with this trend, Clark County and the state as a whole are also within 1% of last year's figures. Las Vegas's first monthly tourism rise in at least 15 months supported Nevada's stable gaming performance. The Las Vegas Convention and Visitors Authority reported 3.03 million visitors in February, a 2% year-over-year increase. On the Strip, revenue per available room and average daily rates rose by 6% and 4%, respectively. Stakeholders found these results encouraging, although air traffic saw a slight decline. Total passenger volume at Harry Reid International Airport dropped by 3% last month, influenced by a 10% decrease in international travel. Budget carrier Spirit's bankruptcy caused its traffic to plummet 72% year-over-year, while leading Canadian airlines WestJet and Air Canada experienced drops of over 20%. Regarding employment, Nevada's Department of Employment, Training and Rehabilitation has not issued any monthly reports this year. An agency spokesperson informed iGB that the January report is set to be released in April. Baccarat surges as Super Bowl betting falters in February A deeper dive into the gaming numbers shows the Strip was supported by a spike in baccarat, a game that often dictates its monthly success. In February, the Strip won $119.9 million from baccarat, up 37% from the previous year. Favored by high-rollers, baccarat typically commands the highest average bets, creating significant volatility. While the Strip is down 21% on the game over the last three months, the 12-month result (-3%) is much more favorable. Taking a wider view, nearly all other markets monitored by the NGCB posted gains for the month. Reno reported a 7% year-over-year increase to $60.6 million and is having a strong fiscal year so far (+4.5%). Both Boulder City ($77 million, +3.5%) and the Las Vegas locals market ($148 million, +3%) saw positive results, while downtown Las Vegas ($69.8 million, -4%) lagged noticeably. On the sports betting front, Super Bowl LX was tough on Nevada sportsbooks. The state reported total sports betting GGR of $35.3 million, a 14% decline from last year. Football betting GGR fell nearly 70% year-over-year to just $4.3 million. The Strip accounted for $15.3 million of that GGR and $2.9 million from football. The total Super Bowl handle was $133.8 million, the lowest in at least a decade. These drops may be partly linked to sports event contracts on prediction markets. Nevada failed to stop Kalshi from offering Super Bowl contracts initially but has since obtained a temporary restraining order against the platform. Kalshi has been compelled to block Nevada users from trading sports, entertainment, and election contracts until its next hearing on April 3 in federal appeals court. First-quarter earnings season approaching As the first quarter of 2026 winds down, Las Vegas operators will soon face analyst scrutiny again after a largely difficult 2025. The Strip's "Big 3"—Wynn, MGM, and Caesars—all faced pressure on their Las Vegas operations last year to varying extents. Caesars has struggled in particular, and rumors of a potential sale are growing. Meanwhile, locals-focused operators like Boyd and Red Rock have thrived as value-seeking customers gravitate toward lower prices. In a Friday note to investors, Macquarie analyst Chad Beynon noted that the positive data has turned Q1 earnings estimates "to the upside for Vegas segments". “We still expect luxury properties to lead, preferring WYNN over MGM/CZR,” Beynon stated. “While the long-term Vegas story remains valid, we are concerned that softness in leisure and international travel will continue this year following three years of post-Covid gains (which led us to rank Vegas as our least preferred Gaming sector in our '26 Gaming Primer).” However, the robust performance off the Strip led Beynon to “believe [Red Rock] and [Boyd] are set to beat current 1Q26E consensus for their retail segments”. Jess MarquezJess has reported on the global gaming industry since 2022. A Reno, Nevada native, he wants to emphasize that it’s pronounced Ne-va-da, not Ne-VAH-da. 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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Why affiliates must prioritize push over pull in the age of social media iGame

Why affiliates must prioritize push over pull in the age of social media

(AsiaGameHub) - A new workout plan, a recent book suggestion, or even an unknown album—billions of users turn to social media daily to pose the everyday questions that used to be only for search engines. Because of this, affiliates across all industries—gambling included—are having to adopt new ways to connect with audiences. As digital interaction evolves, we’re in ‘a moment when someone scrolling Instagram [will see] a follower say, “I found this new online casino” or “I found this promo,”’ noted Keith Geary, VP of Global Operations at Game Lounge, during a panel at the recent SBC Affiliate Digital Day. He added: “So it’s a push to you, not a pull. Understanding how many users come from Instagram scrolling is key—it’s a total change in how users are gained.” He shared that the company’s internal research showed a more than 50% year-over-year rise in casino-focused streamers and a over 100% jump in influencers open to promoting gambling products. While this shows strong demand for gambling content on social media, panelists cautioned marketers against a one-size-fits-all strategy and stressed that campaigns should be tailored to the specific influencer. “There’s long been a mindset that if a creator has a big audience, you can post a free bet offer and people will convert,” said James Prosser, Growth Director at Checkd. “It has to be something the creator is part of that excites them—something that piques their interest and their audience’s too. That’s the line between a regular ad and a creator-driven engagement piece that also converts. The results are way different when you do it right versus using something generic.” But working with creators requires care, as global regulators keep tightening restrictions on these tactics and enforcing strict marketing oversight. Because of this, operators and affiliates must give creators clear brand guidelines and a detailed list of regulatory do’s and don’ts. In addition to the right content shared the right way, Geary stressed that brands need to choose creators whose audiences might be interested in gambling. He explained: “I’ve seen campaigns where influencers or streamers were excited to work with us at first, but soon their followers pushed back hard—they hated gambling. They lost followers really fast. “So make sure the creators you work with have an audience that shares this interest. It can go south fast and backfire completely if you don’t.” While platforms like X and Instagram are best for user acquisition, Telegram and WhatsApp were highlighted for their ability to send direct messages to players—especially in regions like Latin America. Prosser said: “X and Facebook have more curated algorithms—they don’t want to show much of the affiliate content we want users to see. But in a Telegram group, every user gets a notification for everything you send.” 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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Wazdan Enters Austrian Market Through win2day Partnership iGame

Wazdan Enters Austrian Market Through win2day Partnership

(AsiaGameHub) - Wazdan has expanded its footprint in Europe through a new partnership with win2day. Per the terms of the agreement, Wazdan will integrate its full collection of game titles into the platform of win2day – Austria’s only online casino operator. Among the first titles set to launch for players in Austria are 9 Coins, Hot Slot: 777 Cash Out and Might Wild: Panther. Georg Wawer, Managing Director of win2day, shared: “As Austria’s only licensed online gaming operator, win2day is dedicated to providing players with a carefully curated selection of high-quality, fully compliant games. “With Wazdan, we have partnered with an experienced developer recognized for its innovative game mechanics and solid technical expertise. This collaboration will let us combine immersive, engaging gameplay with the highest standards of safety and responsible gaming, further boosting the variety and quality of entertainment offered on win2day.” As confirmed by Wazdan, one additional new title will be added to win2day’s platform every month. The game developer already holds a strong established presence across Europe, and is licensed to operate in major regulated markets including the UK, Sweden and Greece. By securing a foothold in Austria, Wazdan has expanded into one of the last remaining European markets that operates under a single-operator framework. Andrzej Hyla, Chief Commercial Officer at Wazdan, commented: “Entering the Austrian market alongside win2day is a major milestone for Wazdan and a meaningful step forward in our ongoing European expansion. Partnering with a trusted, long-standing operator lets us deliver the premium user experience we are known for to an entirely new audience. “We go above and beyond to support our partners, and we are confident our innovative mechanics and engaging features will deliver a memorable experience for players in Austria.” Why simplicity still comes out on top for Wazdan Earlier this month, Hyla spoke with iGaming Expert to discuss why, despite the ongoing demand for new content, classic slot formats continue to gain traction in regulated markets. “This is not a rejection of innovation. It is an acknowledgement that clarity and familiarity remain among the most powerful drivers of long-term player engagement. Especially in regulated markets, the highest-performing games are often those that players understand from their very first spin,” Hyla explained. “Players naturally lean toward games that are easy to pick up, predictable in structure, and well-suited for longer play sessions. When game mechanics become overly layered, session lengths shrink rather than grow. Complexity does not deepen engagement; it more often than not disrupts it.” The core challenge for developers, he added, is to find ways to design new elements that add extra value to time-tested player favourites. 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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Is a conflict over OHID levy funding about to erupt? iGame

Is a conflict over OHID levy funding about to erupt?

(AsiaGameHub) - As the destiny of the funds from the UK’s new Statutory Gambling Levy is finalized, disagreements over the new funding structure and its results are bound to grow more intense. Charities must now submit formal requests for funds from the Levy, yet many are dissatisfied with how the government’s Office for Health Improvement and Disparities (OHID) has managed its key role in the process and its seeming stance on gambling operators. “Treatment providers must be able to collaborate with the industry fairly, without bias,” stressed Jordan Lea, founder of DealMeOut, at the recent Illegal Gambling Prevention Summit in Manchester. He also cautioned that the push for funding could overshadow the real goal: aiding individuals in need of gambling prevention, education, and treatment services. The possible absence of industry collaboration is a major worry, especially as the growing black market threat in the UK makes stronger player protection and support more critical than ever. Yet doubts persist about whether an effective harm reduction strategy can exist without meaningful industry input, particularly since some groups are pushing to move safeguards in that direction. Independence or ideological purity? Duncan Garvie, founder of BetBlocker, recently shared on LinkedIn that he’s been questioned by The Guardian regarding OHID’s decision to fund BetBlocker. While scrutiny is healthy, the questions seemed to criticize any industry involvement in developing the best player protection approaches. Garvie said Rob Davies from The Guardian queried if OHID’s conflict of interest policy was at risk because two of BetBlocker’s trustees—Garvie and John Wright—have gambling industry backgrounds. He replied, “Independence from industry influence was a key OHID requirement, and we fully addressed it in our application.” Garvie then highlighted Wright’s essential role in developing BetBlocker: as an experienced web/app developer, Wright provided “crucial insight to tackle many of the technical challenges in building the vital service BetBlocker offers”. He also shared, “As part of the OHID application, John agreed to leave the charity’s Board of Trustees to demonstrate our impartiality to OHID. This is a loss of a key asset, but necessary to maintain public trust in our service. “Regarding my role at Blexr, I’ve worked as an Alternative Dispute Resolution (ADR) Official. This role needs formal approval from the UK Gambling Commission and Malta Competition and Consumer Affairs Authority—processes that demand proven independence and impartiality. My role has built-in regulatory checks for industry influence that predate the UK’s harm prevention funding requirements.” Winners, perhaps. Losers, definitely At the Illegal Gambling Prevention Summit, many called on OHID to boost collaboration, warning that a coherent harm reduction education program can’t exist without industry support and expertise. Garvie voiced his strong concern that OHID shows no signs of effectively engaging with the industry—a fear that, it’s worth noting, was shared by many at Tuesday’s Manchester conference. Yet he was one of the few at the event to offer a more positive view of future funding for the safer gambling sector. Stressing the need for caution and patience, Garvie noted the next two years are a transitional phase, with major disruption inevitable as the system undergoes such a complete overhaul. He commended OHID for softening its stance over the past 18 months and expressed hope this trend can continue from both sides. Ultimately, the hope is to reach a point where all stakeholders join the conversation, united in improving player protection. Also at the summit, Graham England, CEO of Ara Recovery For All, highlighted the urgent need for OHID to further soften its industry stance—something he feels hasn’t happened enough yet. He warned this could lead to long-standing, effective organizations shutting down in the coming weeks. Garvie shared his view that as the process enters a new era, “there were always going to be winners and losers”. Amid widespread warnings about funding gaps during the transition, the government launched a Gambling Levy Transition Fund (GLTF) to support charities that didn’t get Statutory Levy funds. But many have already withdrawn from the process. Lea even said he’s been “a huge opponent of the levy” since the start. Lea disclosed that Deal Me Out chose not to apply for new levy funding through OHID. He sharply criticized the process, expressing concern about the rapid shift from a small, powerful group to a far more aggressive and militant public health narrative. He mourned that his early fears about the process are now reality, leading to significant job losses and the closure of many vital charities. This includes GambleAware’s exit—something Lea said was a top priority for many campaigners at the start, along with a push to remove anyone with industry funding ties. Despite many efforts, the OHID funding dispute will likely grow more intense in the coming weeks. While unity is currently a distant goal, breaking down silos and fostering collaboration is key to effective player safety—especially as threats are more severe than ever. 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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Norway unveils four-year action plan to combat youth gambling iGame

Norway unveils four-year action plan to combat youth gambling

(AsiaGameHub) - The Norwegian government has introduced a detailed four-year strategy designed to prevent and address problem gambling. Launched on Friday and spanning from 2026 to 2029, the plan brings together coordinated prevention efforts, improved treatment options, and a broader research initiative. These measures are distinctly non-regulatory. Their focus will be on improving public awareness, boosting treatment availability, and establishing a stronger evidence foundation, instead of changing laws related to gambling access, age limits, or betting caps. According to the government, the primary objective of the action plan is to reduce the number of people who develop gambling-related issues. Officials emphasized that safeguarding at-risk individuals must be prioritized ahead of commercial concerns. Children and young adults between the ages of 9 and 25 were designated as the main target group. Research has connected individuals aged 12 to 17, in particular, to gambling-like activities such as using loot boxes and skins in video games. Additional groups were also highlighted. The programme will also focus on athletes, incarcerated individuals, people with neurodevelopmental conditions, those not in education or employment, and individuals with a history of gambling problems. Preventions for child gambling Central prevention strategies in the programme involve outreach to schools and clubs for young people, alongside digital campaigns and advice for adults. The action plan assigned specific roles to key agencies: Lotteritilsynet (Gambling Authority), Medietilsynet (Media Authority), and Helsedirektoratet (Directorate of Health). The Norwegian Film Institute and various volunteer organizations will collaborate on initiatives related to gaming culture and support services. Educational initiatives for schools, youth clubs, and sports clubs will be implemented to help young people recognize gambling-like features in digital games. Prevention materials will be disseminated through popular youth-oriented online portals like ung.no and snakkomspill.no, as well as social media. This includes specific campaigns for 16 to 25-year-olds about the risks and legalities of gambling. Resources and training for spotting early indicators of gambling harm will be provided to parents, educators, coaches, healthcare workers, probation and prison officers, employers, and bank staff. The plan also gave priority to upgrading existing easily accessible services. This involves expanding Hjelpelinjen, Norway's gambling helpline, with better access features such as chat functions designed for younger users. It will also maintain the provision of free, remote, usually 12-week telephone treatment programmes that can be accessed without a referral from a general practitioner. The strategy will be aligned with Norway's wider digital youth policies, which include recent screen-time advice and plans targeting addiction and suicide prevention. This reinforces the government's approach to gambling harm as a key public health and consumer protection issue. Prison system focus The government announced it would pursue better national coordination by incorporating gambling harm more significantly into broader public health structures. Communication between the Directorate of Health and regional competence centres (KORUS) will be strengthened to improve access to municipal and local services. The plan pledged to increase awareness among crucial public service personnel, including prison staff and healthcare providers, to equip them with the skills to recognize and address gambling problems among inmates, who often build up debts while in custody. Continuous data collection will persist, featuring regular surveys on gambling and gaming participation conducted by Lotteritilsynet and Medietilsynet, as well as a new nationwide survey dedicated specifically to gambling and gaming issues. Furthermore, the plan promoted cooperation with licensed gambling operators through an annual forum to strengthen responsible gaming commitments. Significantly, collaboration with banks and financial institutions will be enhanced to restrict financial transactions to unlicensed foreign gambling operators. Front-line bank employees may get training to recognize customers showing potential signs of gambling-related harm. The monopoly problem This increased emphasis on prevention and public health occurs as state-owned operator Norsk Tipping, which holds a monopoly on regulated online gambling in Norway, faces greater examination. Recent events have cast doubt on the strength of its systems and player protection measures. These include a technical fault that resulted in wrong lottery payouts and a separate Eurojackpot incident that revealed flaws in internal controls, leading to regulatory scrutiny and fines. Furthermore, worries have been expressed regarding development and operational standards, with reports pointing out deficiencies in the performance and user experience of Norsk Tipping's platform. These events have fueled the discussion about whether Norway's monopoly system is robust enough to achieve its consumer protection goals. 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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Prediction markets draw divided opinions in Brazil after Kalshi’s launch iGame

Prediction markets draw divided opinions in Brazil after Kalshi’s launch

(AsiaGameHub) - Kalshi's entry into Brazil has ignited discussion about how prediction markets specifically fit within the nation's developing market landscape and its significant political influence. Industry professionals have raised questions about whether regulation would fall under the SPA's financial market jurisdictions. Others are asking if regulatory action is urgent or if more time is needed for careful implementation. Earlier this month, Kalshi revealed the launch of its prediction market services in Brazil, facilitated by a partnership with Brazilian brokerage firm XP International. Brazil marks Kalshi's first market outside the US, where prediction markets have generated substantial controversy, with ongoing legal challenges from state gambling regulators. The overlap between financial trading and gambling has created uncertainty within Brazil's emerging fixed-odds betting sector, which is already under significant pressure from politicians aiming to strengthen regulations and increase taxes. Brazil's betting regulator, the Secretariat of Prizes and Bets (SPA), stated it is "monitoring the situation" following Kalshi's launch. It also noted that no Brazilian companies are currently authorized to provide prediction markets. Fragmented regulatory outlook It remains unclear which entity will ultimately regulate prediction markets, with many speculating it could fall under either the SPA or the Brazilian Securities Commission (CVM). However, Udo Seckelmann, partner and head of gambling & crypto at Bichara e Motta Advogados, suggests regulation might be divided among three entities based on the type of contract being traded. He believes this could be detrimental to the market. "There are multiple potential resolutions to this legal puzzle," Seckelmann tells iGB. "It's reasonable to anticipate that sports-related contracts would generally fall under the SPA's jurisdiction, while those tied to economic and financial variables would come under the CVM's regulatory purview. "Electoral contracts would likely be banned by the Superior Electoral Court (TSE), while geopolitical, social, cultural, or entertainment events would stay in a legal gray area—at least until further regulatory clarity is achieved," he adds. Regulation of prediction markets is complex While there is widespread agreement that prediction markets will eventually need regulation, there is less alignment on when this should happen. From the perspective of Fellipe Fraga, CBO of licensed Brazilian operator EstrelaBet, it's crucial that regulation isn't hurried without first gaining a genuine understanding of prediction markets. He hopes policymakers will first develop a clear grasp of operators like Kalshi and how their offerings differ from fixed-odds betting. "Hasty or ill-aligned regulation could result in overlaps, inconsistencies, or even unintended restrictions," Fraga states. "The focus should be on a well-informed, collaborative process that involves regulators, operators, and experts to create a framework that is both effective and balanced." The Brazilian Institute of Responsible Gaming (IBJR) has argued that prediction markets should comply with fixed-odds betting laws. While Seckelmann notes that addressing the regulatory issue sooner is better, he also advocates for a cautious, deliberate approach to avoid forcing prediction markets into existing frameworks. "It may be better to introduce regulation later if it is properly tailored to the socioeconomic nature of prediction markets, rather than automatically and rigidly classifying them under traditional regulatory frameworks that don't adequately account for their unique features," he explains. Are prediction markets direct competition to betting? A critical question for the industry is whether prediction markets directly compete with licensed betting operators. Fraga clarifies that fixed-odds betting and prediction markets are "structurally distinct," with the former mainly involving a direct relationship between the operator and the customer, while the latter's pricing and liquidity are market-driven. However, he believes there could be convergence leading to "competitive overlap." Fraga again emphasizes the need for carefully considered regulation to clearly distinguish between the two products. Another source of frustration for operators is taxation, as fixed-odds betting licensees face significant tax burdens and a BRL30 million license fee. But Fraga believes the inherent differences between betting and prediction markets make direct tax comparisons difficult. "The economic rationale is distinct, so fiscal treatment can't be directly mirrored," Fraga continues. "However, other key factors must be considered, especially regarding responsible gaming, consumer protection, and market integrity. "If there's a significant shift of users from regulated operators to alternative platforms not bound by the same obligations, this could create an imbalance. Moreover, less regulated environments often have more marketing flexibility, which can further skew competition." Despite the controversy and uncertainty, Fraga maintains a positive outlook, noting that a rapidly growing company like Kalshi is expanding beyond the US with Brazil as its first market. "Whenever a new technological or financial product enters Brazil, it's always a positive sign," Fraga concludes. "It underscores the country's appeal and the potential of our market across various industries." Kyle GoldsmithKyle has been with Clarion since December 2023, joining from the world of sports journalism, subsequently becoming a LatAm-facing senior reporter with iGB. 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 Zealand’s Online Casino Gambling Bill Enters Final Parliamentary Stage iGame

New Zealand’s Online Casino Gambling Bill Enters Final Parliamentary Stage

(AsiaGameHub) - New Zealand’s Online Casino Gambling Bill is approaching the final phase of parliamentary review following its successful passage through the Committee of the Whole House. Lawmakers deliberated on proposed adjustments to the bill, resulting in a single modification concerning the management of community returns funding. The legislation has now advanced to its third reading, during which the House will determine whether to approve the bill in its final version for Royal Assent. A specific date for the third reading has not been determined, as it remains dependent on the parliamentary calendar. Should the bill be approved at this stage, it will proceed to Royal Assent and subsequently be enacted into law. In a communication to stakeholders, Trina Lowry, Programme Director for Online Gambling Implementation at the Department of Internal Affairs, noted that efforts are ongoing to prepare for the bill's rollout, including the creation of regulatory frameworks, guidance materials, and future outreach strategies. Lowry previously indicated earlier this month that the final regulations are anticipated to be released in early June 2026. Under the three-phase licensing framework, a maximum of 15 online casino licences will be auctioned in New Zealand, with the market set to open on 1 December of this year. By 1 June 2027, only licensed operators will be permitted to provide online casino services within the country. Entain Australia & New Zealand and SkyCity Entertainment Group have both signaled their intent to participate in the regulated market. Stella David, CEO of Entain, confirmed during the firm’s 2025 full-year earnings report that the company intends to pursue three licences for the New Zealand market. SkyCity CEO Jason Walbridge commented: “Gaming is advancing in compelling ways, merging the best elements of physical and digital play. “While we intend to be at the forefront of this transition, our primary focus is the protection of our customers and communities. Any entry into a regulated online space would be founded on robust consumer protections and SkyCity’s steadfast dedication to responsible gambling, ensuring the experience remains safe and enjoyable for all.” 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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UK Government Creates Temporary Fund to Address Gambling Funding Shortfall iGame

UK Government Creates Temporary Fund to Address Gambling Funding Shortfall

(AsiaGameHub) - The UK Government has launched the Gambling Levy Transition Fund (GLTF) to support charitable organizations that failed to secure funding through the new Statutory Levy. According to the Department for Culture, Media and Sport, the initiative aims to maintain gambling harm prevention and treatment services across England as the sector undergoes a "generational change" during the move to a mandatory operator levy. The DCMS noted that "tight time frames for commissioning processes and decisions created the risk of a funding gap." "This may have put vulnerable service users or beneficiary groups of organisations previously funded under the voluntary system at risk," the DCMS stated. "Recognising this, the GLTF has been rapidly established by DCMS to provide immediate, targeted, time-limited financial support to ensure no such gap exists." While the government hasn't officially confirmed which groups were successful, some charities have reportedly received notifications regarding their share of the £120 million generated during the levy's inaugural year. Organizations that were not selected have until April 30 to seek up to three months of financial assistance from the GLTF. DCMS eligibility criteria for the GLTF require applicants to demonstrate they utilized funding from the GambleAware-led voluntary system between April 1, 2024, and March 31, 2026, and that they applied for the new gambling levy. GLTF grants will cover the period from April 1 to June 30 and are restricted to staffing and service delivery expenses. Funding is limited to a pro rata amount of no more than three months of previous voluntary system support. For instance, a charity previously receiving £120,000 annually could qualify for a maximum of £30,000. The DCMS confirmed that all eligible organizations will have access to this funding. While the fund offers temporary relief to struggling charities, its short duration suggests it is a "stay of execution" rather than a permanent fix, leaving long-term concerns about problem gambling treatment unresolved. With GambleAware set to close on March 31, several groups have cautioned the government that transitioning to an NHS-led funding structure could compromise the quality of user care. Following a review of 14 National Gambling Support Network charities, the Care Quality Commission stated: “We would urge commissioners to review the findings of this report to make sure services continue to provide care in a similar way so that people experiencing gambling harms still receive the care and support they need, and that there is ongoing oversight and assessment of the quality of services.” There is a hope that this interim funding might stabilize the safer gambling sector, though many experts warn that the sudden transition to the new model could negatively impact player safety. Speaking at the Illegal Gambling Prevention Summit in Manchester, gambling harms consultant Mark Potter noted that while no one wants to see an increase in harm, that is the current "reality of the trajectory." Charities in the sector are now waiting for final word on their financial status before attempting to navigate the uncertainty and secure long-term operational viability. 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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Marlin Media: Why marvn is wagering on vertical AI as a future necessity for iGaming

(AsiaGameHub) - Ionut Constantinescu, CEO of Marlin Media. As conversational AI gains traction over traditional search methods, Marlin Media’s marvn.ai emerges as the iGaming sector’s inaugural purpose-built solution, according to CEO Ionut Constantinescu. For B2B stakeholders, the critical question is not if AI will transform iGaming, but rather how prepared operators are to adapt to evolving player behaviors. In an article for iGaming Expert, Ionut Constantinescu argues that delaying this adaptation is not an option. The subtle, ongoing transformation While the iGaming industry discusses the theoretical impacts of AI, player behavior is already shifting. ChatGPT saw over 5.19 billion visits in February 2026, and projections indicate that more than 1.1 billion individuals will utilize AI by 2031. Even a small percentage of these AI users engaging in iGaming-related searches is sufficient to begin altering how players discover online casinos. Individuals are already integrating AI into their daily routines for various tasks, making it inevitable that they will soon pose casino-related questions to AI. Currently, general-purpose AI tools are providing inaccurate answers to these queries. This issue presents a dual challenge. General-purpose AI tools often generate fabricated casino recommendations, lack up-to-date bonus information, and are unable to verify licensing or regulatory compliance. Concurrently, SEO-driven affiliate websites, which previously dominated discovery channels, are experiencing a decline in trust as players become more aware of commercially motivated rankings. For operators, this represents not a future concern, but a present vulnerability. The rationale behind a lead-generation company developing an AI answer engine Marlin Media's decision to launch marvn.ai in November 2025 was not a mere adoption of a trending technology. It was a strategic response informed by years of direct experience regarding effective and ineffective methods in casino discovery. We have operated as a [traditional] affiliate. Our deep understanding of what operators and players require stems from years of cultivating extensive domain expertise through our publishing brands. This foundation provides us with an advantage that general-purpose AI companies lack: direct access to operator data, bonus structures, licensing details, and, crucially, an insight into what players genuinely need to make informed decisions. The outcome is an AI chat assistant that queries a proprietary database containing thousands of data points per brand across hundreds of casinos and slot games, with daily verification by in-house specialists. Unlike systems that rely on scraped or outdated information, marvn’s knowledge base is meticulously curated, structured for conversational retrieval, and updated in real time to reflect changes in regulations, bonus terms, and market conditions. Since its inception, marvn has undergone rapid iteration. The product’s database and functional capabilities are continuously expanding. New information is incorporated daily, and product enhancements are deployed every few weeks. As of January this year, the tool’s performance has improved by 60%, and our Discover feed now serves as an initial point for new searches. The significance of ‘Being On’ marvn While marvn assists players in discovering casinos, bonuses, and games that align with their specific preferences, its underlying database also empowers operators to validate and ensure the accuracy of their own information, thereby supporting both the platform’s long-term reliability and operators’ visibility. The transition from general to vertical AI extends beyond how players find casinos; it fundamentally impacts how businesses communicate information about themselves to potential customers. For operators considering engagement with marvn, the proposition is less about advertising expenditure and more about strategic infrastructure positioning. To be ‘on’ marvn means a brand is integrated into the verified database that powers the answer engine. When players pose industry-specific questions, such as ‘which casinos accept Skrill?’ or ‘show me high-RTP slots with free spins,’ operators within the system are surfaced based on relevance, not through SEO manipulation or paid placements. However, the more profound value lies in influencing how the product represents brands. Early collaborators have the opportunity to ensure their licensing, payment options, unique product offerings, bonus terms, and other critical details are accurately portrayed as the platform scales. This is not about purchasing an advertisement; it is about positioning your brand in the manner that casino players will utilize for searches in the future. The broader shift: from rankings to validated data Trust in iGaming discovery is moving away from commercially driven rankings towards verified, impartial data sources. Traditional affiliate ecosystems are losing credibility as players recognize the underlying business model of ‘top 10’ lists across various industries. General-purpose AI is partially addressing this gap, with varying degrees of success. While its capabilities will continue to advance, it will not possess the depth of data required for an industry as specialized as iGaming. Vertical AI resolves this by embedding domain expertise and verified data directly into the system. marvn does more than just comprehend language. It possesses contextual intelligence that is achievable only through specialization, rather than by training a general model on vast amounts of information and hoping it accurately addresses the nuances of iGaming. General-purpose AI offers breadth. Vertical AI provides depth. And in complex sectors like iGaming, depth is the decisive factor. The trend towards AI-driven discovery is no longer hypothetical. Players are already altering their search behaviors, and platforms like marvn are beginning to structure how iGaming data is organized and how answers are delivered. In this evolving landscape, visibility is no longer solely about presence; it is about accurate representation within the data that drives the answers. As conversational discovery expands, operators who engage early will not only appear but will also help shape how their brand is perceived within platforms like marvn, where this new discovery model is actively taking form. 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 Joins Gaming Sector Layoffs Amid Escalating Macro‑Economic Uncertainty iGame

IGT Joins Gaming Sector Layoffs Amid Escalating Macro‑Economic Uncertainty

(AsiaGameHub) - The recently restructured IGT announced layoffs on Monday, impacting approximately 700 employees, which represents about 10% of its global workforce. The gaming company has become the latest to implement job cuts amidst prevailing macroeconomic challenges. Specific details regarding the affected roles and locations were not disclosed. According to an internal memo reported by the Las Vegas Review-Journal, IGT CEO Hector Fernandez informed staff that the layoffs were not performance-related. Instead, he stated they were "part of an initiative to streamline our organizational framework, eliminate redundancies, and enable us to operate with enhanced clarity and speed." "Our current focus must be on how we collectively advance: by mutually supporting each other, concentrating on our key objectives, and persisting with the efforts that will shape our company's future," Fernandez continued. "We united to establish a company capable of leading in a swiftly changing industry, and I maintain my belief in that prospect and in the capabilities of our team." IGT recently finalized its $6.3 billion merger with Everi Holdings, with the resulting combined enterprise now operating as a private entity under Apollo Global Management. The two providers had initially consented to an autonomous merger before Apollo intervened to acquire both. Under the terms of the agreement, IGT’s gaming operations were integrated with Everi’s financial technology division, while IGT’s former lottery segment was divested into an independent public company named Brightstar Lottery. These layoffs were not entirely unexpected, given that the intricate merger was anticipated to bring about more transformations beyond just the lottery spin-off. However, they serve as the most recent evidence that gaming firms are experiencing financial pressure as the initial quarter of 2026 concludes. Widespread Market Instability Since US President Donald Trump commenced his second term last January, the American economy has experienced significant fluctuations, driven by factors such as elevated tariffs, government closures, persistent inflation, and, most recently, the escalating conflict with Iran. In a consumer discretionary sector such as gaming, these repercussions affect almost every facet. Tariffs lead to higher construction expenses for operators and increased production costs for suppliers; government shutdowns and geopolitical events influence consumer travel and expenditure for operators; and persistent inflation maintains high interest rates, thereby hindering mergers and acquisitions and debt refinancing across the industry. Presently, gaming companies exhibit lower enterprise multiples and elevated debt-to-EBITDA ratios compared to the market average, as per data from New York University. For suppliers such as IGT, predicting future performance or achieving strong results becomes progressively challenging when material and trade costs are subject to constant unpredictability. While reducing staff is one response to this uncertainty, it also carries the risk of being a short-term solution. Daron Dorsey, CEO of the Association of Gaming Equipment Manufacturers, informed iGB last October, "The difficulty lies in our inability to plan six, nine, or twelve months ahead. The long-range consequences [of tariffs and economic instability] remain undefined." He continued, "No one can definitively say when conditions will stabilize and become more predictable. Consequently, long-term strategic choices are not being made, as circumstances could shift again in just a few months. Such changes could then nullify actions taken today. This is the reality they are currently navigating." Job Reductions Across Several Companies This Year Beyond IGT, several other prominent companies within the industry have also declared layoffs this year. Underdog's decision to cut 20% of its staff in late February was arguably the most substantial in scale. The emerging fantasy sports company is shifting its focus to prediction markets, which, being national offerings, necessitate fewer personnel compared to state-specific operational models. Underdog CEO Jeremy Levine stated, "It is simply a distinct operational approach, and the adjustments we implemented are integral to that transformation." Similarly, DraftKings also announced job cuts in February, though the exact numbers were not revealed. In a press release, the company indicated it had "opted to restructure certain teams to more effectively align their personnel with the company's paramount priorities and investment areas." Citizens analyst Jordan Bender, in his research note, estimated that 5% of DraftKings’ workforce was affected, potentially saving the company approximately $30 million. Bender communicated to investors, "We believe this current phase of restructuring might have been more extensive or had a greater impact on the business model, had it not been for the company's move into prediction markets, influenced by the CEO's drive to integrate AI across the organization for both internal and external operations." Within the iGaming sector, supplier Bragg Gaming reduced its staff by 12% in January. This action was aimed at "realigning" the company for subsequent expansion, simultaneously generating cost efficiencies of roughly €4.5 million. Bragg CEO Matevz Mazij stated, "Our strategic reorganization is intended to leverage our robust groundwork. It will place us in an exceptionally strong position for organic expansion and simultaneous market consolidation prospects." Casino Sector Stable, Yet Obstacles Persist While the brick-and-mortar casino industry has largely sidestepped widespread job cuts to date, the future remains unclear, particularly in Las Vegas. During the fourth quarter of last year, UNLV’s Southern Nevada Business Confidence Index reached its lowest point since the Great Recession, influenced by subdued hiring confidence and diminished future projections. Although no significant operators have declared extensive layoffs this year, southern Nevada has experienced an overall decline in employment. Data from the Nevada Department of Employment, Training and Rehabilitation indicates that the Las Vegas metropolitan area concluded 2025 with almost 10,000 fewer jobs compared to December 2024. The state's seasonally adjusted unemployment rate stood at 5.2%, marginally surpassing the national average of 4.4%. Several Las Vegas casinos confirmed job reductions between mid-2024 and mid-2025. Among these were the Rio Hotel and Casino, the Venetian and Palazzo, and Resorts World Las Vegas. Furthermore, MGM Resorts discontinued concierge services at six of its nine Strip properties last April. MGM CFO Jonathan Halkyard stated during the company’s Q1 2025 earnings call, "The reality is that we consistently manage our labor expenditures, and what you're observing is a manifestation of that." Jess MarquezJess has reported on the international gaming sector since 2022. Hailing from Reno, Nevada, he wishes to emphasize the pronunciation as Ne-va-da, not Ne-VAH-da. 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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