Playtech targets World Cup expansion following robust 2026 start iGame

Playtech targets World Cup expansion following robust 2026 start

(AsiaGameHub) - Playtech aims to sustain the strong start to the year, identifying new growth opportunities during the upcoming FIFA World Cup. The gaming software provider characterized the tournament, which will take place in the US, Canada, and Mexico, as a ‘major opportunity,’ particularly for the Mexican operator Caliente Interactive, a company in which Playtech owns a 30.8% share. Around $35 billion was bet during the 2022 FIFA World Cup, a sum expected to be exceeded in the coming two months. This is due to the current tournament being the first to include 48 participating nations, expanding the match count from 64 to 104. Mor Weizer, Playtech’s Chief Executive Officer, stated: “Our collaboration with Caliente Interactive in Mexico continues to show robust performance, and the forthcoming World Cup presents a substantial chance to further solidify Caliente’s dominant market position.” Americas Division Maintains Strength In a trading update issued today (20 May), Playtech expressed particular optimism regarding the sustained strength of its broader Americas division. Following a ‘better-than-anticipated’ performance in 2025, which featured expansion across the US and Latin America despite a general revenue decrease, Playtech reported that this positive trend persisted into the first quarter of 2026. Weizer further commented: “We’ve had an outstanding start to 2026, with vigorous trading during the initial four months of the year, indicating sustained progress in regulated markets, particularly in the Americas and specific European regions. “Performance in the US, specifically, has been promising, as the returns from our investments in recent years continue to grow rapidly and significantly boost profitability.” Playtech also observed robust results in ‘some European markets.’ Nevertheless, Weizer warned about the effect of ‘persistent industry challenges,’ suggesting these might have tempered overall performance. While no particular concerns were specified, tax increases in various European nations, such as the UK, where remote gaming duty has nearly doubled to 40%, have been a primary focus for the gambling sector. Despite these factors, Weizer assured investors that Playtech is ‘optimally positioned to seize the substantial market opportunities ahead.’ Boardroom Changes Announced Playtech additionally confirmed that veteran board member Ian Penrose will resign from his position as Senior Independent Director after the company's financial results are released at year-end. Penrose has served on the Board since 2018. Playtech’s Non-Executive Chair, John Gleasure, praised his ‘priceless contribution’ during a time of considerable transformation for Playtech. Gleasure stated: “Ian has provided Playtech with extensive global industry expertise and has consistently demonstrated complete commitment and dedication throughout what will amount to nearly nine years of service to Playtech. We extend our best wishes for his future undertakings. “We are thankful that he has consented to stay with us until Spring 2027 to facilitate a seamless handover of his responsibilities.” 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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Five startups revealed as finalists for First Pitch 2026 Americas at SBC Summit iGame

Five startups revealed as finalists for First Pitch 2026 Americas at SBC Summit

(AsiaGameHub) - SBC has unveiled the five start-ups competing for the 2026 edition of First Pitch 2026 Americas, in partnership with BettingStartups, during SBC Summit Americas. The competition will feature the most innovative sports betting and gaming start-ups presenting their products to a distinguished panel of industry experts, with the champion receiving a prize package worth more than $100,000 to aid their expansion. The finalists will compete on the Leaders Stage on Thursday, 11 June, delivering a three-minute presentation followed by a Q&A session before a live audience and an expert judging panel. This year’s finalists are: Insight Play AI, Inc. – InsightPlay utilizes AI agents as customer service representatives for operators, offering both text and voice support. Operators utilizing this service have already begun reactivating dormant players across Latin America. Odditt – A platform assisting sportsbooks, prediction markets, and DFS operators in offering ready-made combo and parlay bets, complete with simple explanations for the rationale behind each grouping. OddsBlaze – A real-time sports betting data platform providing operators, traders, and product teams with rapid access to odds, market movements, arbitrage alerts, and betting APIs. ParlayX – A prediction market aggregator designed to assist sports betting syndicates in comparing opportunities and acting on market insights more efficiently. The Sharps – A bankroll tournament platform that merges the strategy and competitive structure of poker with sports handicapping, utilizing traditional sportsbook wagers instead of cards. To decide this year's winner, SBC has assembled a panel of judges with extensive backgrounds in sports betting, iGaming, investment, start-up development, and venture capital. The panel includes Paris Smith (Founder and CEO, DefytheOdds), Javier Altamirano, Global Head of Startup, Sportradar), Evan Meyer (Managing Partner, Astralus Capital Management), Scott Secord (Partner, Cardinal Sports Capital), Meredith McPherson (CEO & Managing Partner, DRIVE by DraftKings), with Jesse Learmonth, of The Betting Startups Podcast, returning to host this year’s competition. Paul Mills, Event Director at SBC, stated: “This year's First Pitch highlights the abundance of start-up talent emerging across the Americas, with finalists introducing fresh concepts across AI, prediction markets, fantasy, data, and betting infrastructure. “SBC is honored to provide these companies with a stage to pitch their products, network with investors, and establish the connections necessary to foster their next phase of growth.” The winning start-up will receive a prize package valued at over $100,000, comprising a mix of promotional, technical, legal, and business development services to support their growth. The package includes: MetaBet & Are You Watching This?: One year of API access to sports data from Are You Watching This? and gambling data from MetaBet, valued at $48,000. AWS: $10,000 of AWS Credits for eligible AWS services and support from infrastructure technologies like compute, storage, and databases, as well as emerging technologies such as generative AI, machine learning and artificial intelligence. GameOn: Press releases, an interview, and a video interview shared to GameOn social media, worth $3,500. Royer Cooper Cohen Braunfeld LLC: $5,000 worth of gaming-related legal services. Square in the Air: Video package, social media audit, and competitor analysis worth $5,000. Vegas Kings: A web design package worth $3,000. SBC Media: Promotional advertising and PR package worth $11,000. SBC Events: A 3x3m booth and four complimentary tickets worth $15,000. CertilQ: 12 months of access to CertilQ’s Technical Compliance Management Platform, worth $4,000. Attendees holding a Conference, Business, or VIP Pass can all watch the live First Pitch final on the Leaders Stage on Thursday, 11 June at 2:20 pm. Get your tickets: Conference Pass ($399) – Includes access to the show floor, all conference and workshop sessions, and basic access to SBC Connect. Pass holders can also join the Inner Circle, offering exclusive speaker chats and deeper discussions on key panel topics. Business Pass ($549) – Includes everything in the Conference Pass, plus full access to SBC Connections networking sessions and enhanced SBC Connect features for messaging and meeting requests. VIP Pass ($799) – Full event access, including the show floor, conference sessions, daytime networking (SBC Connections), evening parties, and advanced access to SBC Connect features. VIP attendees also receive a pre-loaded card for the Food Festival. 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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JP Morgan Chase reduces Entain stake to below 3% within two weeks of reaching 7% iGame

JP Morgan Chase reduces Entain stake to below 3% within two weeks of reaching 7%

(AsiaGameHub) - JP Morgan Chase has reduced its holding in Entain to under 3% less than two weeks after raising it to 7%. A Notification of Major Holdings released this morning indicates that the banking giant has cut its position in the Ladbrokes and Coral parent company to beneath the mandatory disclosure threshold of 3%. This threshold was passed on Monday, 18 May—just 10 days after it was disclosed that JP Morgan had boosted its total interest in the firm to 7%, comprising 5.6% in direct voting rights and 1.4% via financial instruments. This rise came after the shutdown of Ricky Sandler’s New York hedge fund, Eminence Capital. Sandler, a former Non-Executive Director at Entain until his firm liquidated last month, offloaded his remaining 5.8% stake in Entain on 7 May. At what price might JP Morgan Chase have sold its Entain shares? It remains unclear whether a private, off-market transaction took place between Eminence and JP Morgan Chase. However, JP Morgan Chase has been steadily offloading its Entain shares since acquiring them, aside from a minor uptick where it raised its stake from 7.05% to 7.09% on 11 May. Subsequently, filings with the London Stock Exchange have shown that JP Morgan Chase sold shares on 12, 13, 14, and 15 May, resulting in a remaining position in the company that is below 3%. Entain’s stock price stayed relatively steady between 8 May and 15 May, opening at 532.28p on 8 May and finishing around 532.4p on 15 May. Throughout this timeframe, the shares hit a low of 501.92p (on 12 May at roughly 10:25am UK time) and a high of 550.8p (on 8 May at approximately 1:35pm). Typical for a public limited company, Entain has faced significant speculation in recent months, including rumors of a potential takeover, although management has indicated no likelihood of such a transaction. For the FTSE 100 member, group revenue for FY25 exceeded £5.2bn, but the company recorded a loss of £681m, marking its third straight year of losses. Although JP Morgan provided no explanation for either increasing or decreasing its position in the UK-based gambling operator, observers might reasonably assume an off-market arrangement was involved. Furthermore, despite the divestment of a substantial portion of shares, Entain’s stock price appears largely unscathed over the last fortnight, currently trading at 537p as of 1:00pm today. 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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Chile’s Gambling Crisis Escalates, Forcing Presidential Action iGame

Chile’s Gambling Crisis Escalates, Forcing Presidential Action

(AsiaGameHub) - As Chile's online gambling sector remains unregulated, the advertising industry has become the newest arena caught up in the ongoing legal disputes. SBC Noticias' Pedro Occhiuzzi examines how President Kast must step in with a decisive resolution to clear the regulatory impasse for the benefit of all parties involved. The protracted dispute over the legality of online betting in Chile has now spread to the marketing and advertising sectors. Polla Chilena, the state-authorized operator of local lotteries and sports pools, has initiated fresh legal action by lodging complaints against creative studios and advertising firms for assisting in the promotion of unauthorized betting platforms targeting local players. Pedro Occhiuzzi – SBC Noticias These complaints have been lodged with the Council for Advertising Self-Regulation (CONAR) in Chile, with Polla Chilena targeting production firms and agencies that have allegedly violated the Chilean Code of Advertising Ethics. The legal challenge specifically targets businesses that continue to develop marketing campaigns for offshore online betting brands operating outside the country's regulatory system. Among the accused is the production firm Enelblanco.TV, which reportedly created promotional material for several Coolbet campaigns starring Claudio Bravo, the former captain of Chile's national football team. Furthermore, Polla Chilena raised objections regarding the appearance of a minor in a promotional clip, highlighting issues related to youth protection and advertising standards. The agency Ampfy has also been implicated due to its advertising campaigns for Betano on sports TV networks. Polla Chilena criticized these ads for "presenting online betting as standard entertainment while failing to properly warn viewers of the potential financial dangers." Similarly, creative studio Draff.tv was called out for its promotional content for Jugabet. Polla Chilena argued that the gamified graphics and mobile-app style design could make gambling appealing to minors, while also lacking clear and visible responsible gaming disclaimers. Rounding out the list of targeted companies is production house PartnerProd.cl, which developed TV commercials for Rojabet that blended football footage with live betting odds and gambling imagery. Polla Chilena intensifies its legal campaign This legal escalation represents a broadening of Polla Chilena's offensive against unlicensed gambling, shifting pressure from the operators themselves to the broader commercial network that enables online betting. Earlier in the year, the state lottery operator initiated legal proceedings against payment processors, accusing them of handling financial transactions for offshore betting sites catering to Chilean users. The state-owned company maintained that payment processors are crucial in allowing unauthorized operators to penetrate the domestic market. Nevertheless, enforcement actions are hindered by structural barriers. Chile's telecommunications regulator, SubTel, turned down Polla Chilena's requests to implement widespread IP-blocking and network restrictions to block illegal betting sites. The regulator pointed out the limitations of using purely technical measures to combat the black market. Calls grow for President Kast to intervene The responsibility now falls on President José Antonio Kast, whose government has indicated that resolving the country's long-standing online betting conflict is a key regulatory goal. Industry players are waiting to see if Kast will revive earlier legislative proposals that introduced tax and criminal penalties but failed to resolve critical matters like marketing restrictions, licensing frameworks, and the special rights of municipal operators. With local courts overwhelmed by numerous lawsuits involving betting operators, payment processors, and traditional market players, pressure is mounting. This surge in litigation has created a legal bottleneck, further delaying a resolution to a regulatory dispute that has dragged on for years. As Chile shapes its future gambling laws, regulators must look beyond just licensing operators. The focus is shifting toward accountability across the entire supply chain, including payment processors, marketing agencies, telecom networks, and affiliate systems that help offshore platforms reach local players. With Polla Chilena widening its legal battle, all eyes are on whether President Kast can resolve the regulatory impasse and establish a stable framework for online gambling after years of political and legal gridlock. 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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KSA intensifies oversight of advertising and sports betting ahead of World Cup iGame

KSA intensifies oversight of advertising and sports betting ahead of World Cup

(AsiaGameHub) - The Netherlands’ gambling authority, the Kansspelautoriteit (KSA), has intensified its oversight of advertising and sports betting in anticipation of this summer’s World Cup, issuing a warning to operators. In a communication to Dutch license holders, the KSA reiterated the country’s strict regulations concerning advertising and sponsorships. The authority has cautioned that any breaches of these rules will result in “immediate enforcement action.” It is important to note that not all forms of online betting are permissible in the Netherlands. For instance, certain football betting markets, such as those related to the first corner kick and player bookings, are prohibited. The KSA will also be focusing on initiatives to increase awareness of gambling risks among young people. Michel Groothuizen, Chairman of the Board at the KSA, stated: “We observed an increase in gambling during the 2022 World Cup and the 2024 European Championship. “This period presents an attractive opportunity for companies to acquire new players. While I acknowledge this, I strongly urge providers to remain vigilant in protecting young adults and other vulnerable groups, and to comply with the applicable rules. “Should we detect non-compliance, we will take immediate action.” KSA champions regulatory enforcement The increased scrutiny on gambling firms in the Netherlands contributed to a significant drop in online gaming revenues for 2025, which fell by 18.5% year-on-year. This decline followed a tax increase from 30.5% to 34.2% in January 2025, with the rate rising further this year to 37.8%. The KSA has been among the most proactive regulatory bodies globally in addressing violations by gambling companies. This is evidenced by its imposition of a record €25 million (£22 million) fine on illegal operator Novatech, and warnings issued to TonyBet, Kansino, and Betcity for marketing regulation breaches. The “Share your bet” feature, which enabled users to share their wagers on social media, has also been banned this year. Furthermore, European clubs were contacted regarding non-compliance with advertising rules in UEFA Champions League and Europa League matches involving Dutch teams. This additional warning ahead of the World Cup, which is anticipated to attract a substantial number of both new and returning bettors, indicates the regulator’s commitment to intensifying its stringent crackdown on the Netherlands’ gambling market. 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 extends partnership with St8 to Ontario market iGame

Wazdan extends partnership with St8 to Ontario market

(AsiaGameHub) - Wazdan has expanded its North American footprint by taking its existing partnership with St8 into the Ontario market. Under this expanded agreement, the aggregator will gain access to a selection of games from Wazdan's portfolio, featuring popular titles like Mighty Fish: Blue Marlin, 36 Coins, Mighty Wild: Panther Grand Diamond Edition, and Mighty Wild: Gorilla. David Fall, Business Development Manager at St8, commented: “Our alliance with Wazdan has already yielded strong outcomes, and bringing this partnership to Ontario represents a thrilling next phase for both of our businesses. “Wazdan is known for creating top-tier content integrated with creative engagement tools, and we are delighted to enhance our portfolio for operators in one of the key regulated jurisdictions in North America.” Wazdan has prioritized growing its footprint within Ontario and the broader North American region. The studio originally received authorization to operate in Ontario from the Alcohol and Gaming Commission of Ontario (AGCO) in May 2022, later securing distribution agreements with Reevo and Play North. Recently, Wazdan rolled out two of its games on FanDuel in Ontario and Michigan through Light & Wonder’s aggregation network. Beyond Canada, the provider has established key distribution alliances with Caesars Digital in New Jersey, Michigan, and Pennsylvania, as well as Fanatics Casino in New Jersey, Michigan, Pennsylvania, and West Virginia. Discussing the expanded deal with St8, Andrzej Hyla, Chief Commercial Officer at Wazdan, stated: “Entering Ontario alongside St8 marks another significant milestone for Wazdan as we continue to grow our footprint in regulated North American jurisdictions. “Wazdan strives to exceed expectations for our partners by providing user-friendly products that prioritize player experience, and St8’s platform offers a fantastic channel to deliver our games to more operators and players. This has been a highly successful partnership so far, and we are eager to maintain this momentum moving forward.” 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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Playtech Strengthens Americas Position Amid New Tax Pressures iGame

Playtech Strengthens Americas Position Amid New Tax Pressures

(AsiaGameHub) - Playtech identifies Mexico and other North American markets as the primary drivers of growth for its FTSE250 midcap portfolio. In a corporate announcement preceding its Annual General Meeting, Playtech highlighted the ongoing “stronger-than-expected performance in the Americas.” While overall group figures were not disclosed, the company's leadership noted that the momentum from FY2025 has been sustained. Playtech's Americas division generated €209.9 million in regional revenue, driven by a 61% increase in the US and Canada to €48 million (up from €29.8 million in FY2024), and an 8% underlying growth in Latin America, excluding the updated Caliente agreement. US gaming contracts almost doubled compared to the previous year. Consequently, management commends a new growth trajectory in the Americas, spearheaded by its B2B client base, which includes DraftKings (casino and live gaming), bet365 (live gaming in New Jersey and Pennsylvania), Hard Rock Digital (live gaming in Michigan and New Jersey), and FanDuel (live gaming in New Jersey, Pennsylvania, and Michigan). The prospects for the Americas are further strengthened by the revised Caliente joint venture agreement, which became effective in March 2025. This agreement transitions Playtech's services in Mexico from B2B service fees to equity participation, expected to contribute €54.5 million in associate income and €45.7 million in dividends under the 2025 contract. Shareholders were notified that “Playtech has delivered an outstanding trading performance for the initial four months of 2026, propelled by sustained strength in the US, Mexico, and specific European markets, alongside robust performance in Live, as the returns on the Company's recent investments have accelerated.” Mor Weizer, Playtech’s Chief Executive Officer, stated: “We have experienced an excellent start to 2026, with robust trading during the first four months of the year, indicative of sustained momentum in regulated markets, particularly in the Americas and certain European regions.” Focus on Mexico The Playtech partnership with Caliente Interactive in Mexico continues to demonstrate strong performance, with the forthcoming FIFA World Cup offering a substantial opportunity to further solidify Caliente’s market leadership. Further details regarding Playtech’s susceptibility to new gambling tax regulations in crucial markets will be provided in interim accounts. These include the UK’s Remote Gaming Duty rising to 40% and Mexico’s introduction of a new 50% IEPS gambling tax on operator income, enacted as part of President Claudia Sheinbaum’s Fiscal Budget 2026 reforms. Weizer concluded by saying: “Despite persistent industry challenges, Playtech’s robust expansion in regulated markets, diversified strategic placement, highly scalable technology, and strong partner relationships collectively position the Group favorably to capitalize on the substantial market opportunities ahead.” Departure of NED Penrose Prior to its AGM, Playtech disclosed that Independent Director Ian Penrose would be resigning from the Board. Penrose, previously CEO of Sportech, had served as an Independent Non-Executive Director since 2018, contributing to the leadership's North American goals and the company's strategic shift back to a B2B focus after divesting SNAI Italia. John Gleasure, Non-Executive Chairman, stated: “On behalf of the Board, I wish to extend our gratitude to Ian for his invaluable contributions during a period of substantial shareholder value creation and strategic transformation since his appointment in 2018. “Ian has provided extensive global industry experience to Playtech and has consistently demonstrated unwavering commitment and dedication throughout his nearly nine years of service to the company. We extend our best wishes for his future undertakings.” 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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World Cup: top operators will blend player emotions with analytical approach iGame

World Cup: top operators will blend player emotions with analytical approach

(AsiaGameHub) - Individuals who place sports bets operate with a mindset structure comparable to that of elite professional athletes, according to 1xBet Strategic Consultant Chris Bird. In a conversation with SBC News, Bird stated that bettors strike a balance between emotional impulses and unvarnished hard data, in the same way that players and coaching staff at leading football clubs approach matches and top-tier competitive tournaments. In the lead-up to the World Cup 2026, Bird noted that operators need to find a middle ground to ensure they cater to the passion and enjoyment associated with football, while also reserving space for bettors who take an analytical approach to wagering. “Catering to the emotional side means delivering the content fans want to see surrounding games, both before and after play, in a controlled, regulated way,” Bird pointed out. “No matter what approach you take, present them with accurate facts, but frame the content to be engaging. “Across the globe, millions of people in different time zones will tune in to the entire tournament, and different audiences will experience a wide range of emotions at different points. Truly responsible operators will recognize this pattern and understand how to address it appropriately.” Even as Pep Guardiola is set to leave Manchester City this summer, bringing an end to a 10-year run of historic, unprecedented success, Bird explained that the manager remains a stand-out phenomenon thanks to his ability to combine emotional awareness with a structured analytical framework. “Guardiola has a one-of-a-kind intuitive gift,” he added. “He can relate to what players are experiencing, and he understands the sentiment of the fanbase. But his support team provides him with all the data and insights he needs to blend that emotional awareness with evidence-based strategy. Any brand activating around this World Cup has to grasp this principle. You have access to all the user intelligence you could require, you understand how audiences behave at specific moments, and you should lean into that shared emotion. What you must never do is exploit that emotional connection for unfair gain.” This method of pairing emotion and data-driven strategy mirrors the range of betting approaches fans use during the World Cup. While some bettors only place wagers on their home country for casual fun, others take a highly analytical approach to their betting habits. Bird emphasized that sportsbooks must be aware of these distinct user segments and cater to both groups in a responsible manner. “You have users who closely track expected goals (xG) and all the other advanced match metrics that are widely available now, and then you have groups of fans who will head to their local pub at 10 o’clock on a Saturday night to catch one of these World Cup matches alongside a group of friends. “You can gather as much analytical data as you like to understand user spending patterns, how different groups will react to specific promotional offers… that’s all very useful. But that data belongs behind the scenes. For the user-facing experience, everything should be centered on the shared emotional experience of the tournament.” The 2026 World Cup is being billed as one of the largest betting events in history, as the edition expands to an unprecedented scale. Featuring 48 national teams and 104 fixtures played across a 39-day window, total betting volumes are projected to hit new all-time records. In his closing remarks, Bird noted that operators should focus on hitting those record volume targets in a responsible way. By delivering an engaging product and upholding responsible gambling practices, operators can secure long-term benefits from what is set to be a critical period for new customer acquisition. “This is the largest global entertainment event on the planet, running for four weeks, and people will be fully absorbed in the action no matter what time of day they are tuning in. For brands operating in this space, the priority should be delivering all the information audiences want in a fun, engaging format, acting responsibly and making sure they support their customers well, all while never losing sight of the fact that this is first and foremost an entertainment space.” 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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Maksym Shtun from Slotegrator discusses AI: strengths, limits, and future possibilities iGame

Maksym Shtun from Slotegrator discusses AI: strengths, limits, and future possibilities

(AsiaGameHub) - Maksym Shtun, Slotegrator Product Owner. In a discussion with iGamingExpert, Slotegrator Product Owner, Maksym Shtun, examines the current status of AI adoption within the iGaming industry, highlighting the risks of improper use and detailing the company's strategies for integrating AI into its operations. How would you describe the overall usage of AI within the industry at the moment? Is its full potential being realised? The industry's approach to AI is currently transitioning from observation to active integration. The sector has certainly become more daring and proactive in experimenting with these technologies compared to previous years. However, we are still a long way from realizing its full potential. Currently, there is a significant disparity between technical capability and practical application. This is primarily due to ongoing concerns regarding data security, the necessity for robust human oversight, and a deeper comprehension of the technology’s long-term consequences. The industry is advancing rapidly, but it is doing so with a necessary degree of caution to ensure stability and trust. Is there a danger of leaning into AI too much in a way that could potentially be detrimental to the overall product? The danger lies not in using AI, but in misunderstanding its nature. Some individuals perceive it as a deterministic system, akin to a calculator that consistently yields the same result for identical inputs. However, AI does not operate in this manner. There is inherent variability in its responses, and this deviation intensifies when decisions are made sequentially. The moment a team delegates 100% of critical decisions to AI—whether it involves content generation, logic handling, or user-facing outputs—they forfeit the ability to guarantee a consistent experience. And consistency is what users rely on. The appropriate approach is to regard AI as a capable collaborator, not an autonomous operator. Humans must still establish the parameters, verify the outputs, and assume responsibility for the outcomes. If an issue arises and you cannot explain the AI's decision-making process, you have already lost control of your product. This is not an AI issue, but a process issue. How does Slotegrator currently utilise this technology, and do you plan to step this up? If so, in what way? Our current methodology is highly pragmatic. We recognize significant value in employing LLMs in conjunction with RAG (Retrieval-Augmented Generation) architectures. This enables us to implement effective, streamlined solutions for processing complex documentation and transforming static knowledge bases into interactive, highly accurate resources. In addition to data processing, we are integrating AI into our creative workflows. It has become an indispensable tool for rapid prototyping, generating mockups, and exploring visual concepts, thereby significantly accelerating the 'ideation-to-execution' cycle without supplanting human oversight. Looking ahead, we acknowledge the potential of MCP (Model Context Protocol) solutions for fostering more interconnected environments. However, our interest in this area is highly specific: we view it as a means to enable tightly defined, isolated functionalities for particular tasks. For us, the focus is on maintaining complete transparency and ensuring that any AI integration operates within a strictly defined perimeter. It is not about broad accessibility, but about precision and control over how the technology interacts with our internal tools. What role does client feedback play in shaping how you utilise not just new tech like AI, but your overall roadmap? Client feedback serves as a crucial indicator for potential optimization. When we observe recurring inquiries or similar requests for specific functionalities, it suggests that there may be a broader opportunity to enhance the user experience. However, we approach this with an emphasis on suitability. First, we assess whether a process genuinely benefits from automation and if it aligns with how our partners interact with the system. If automation is the appropriate course of action, we then determine the most effective tool for the task. AI is a potent option for managing complex or unstructured data, but we only apply it where it offers a distinct advantage over traditional methods. Our roadmap is shaped by this pragmatic approach: identifying the correct solution for each specific scenario, whether that involves AI or a more conventional technical enhancement. Following on from the previous question, what else can we expect from Slotegrator as the company keeps driving forward? What you can anticipate from us is a continuous effort to provide operators with superior tools for making more informed, quicker decisions. This is the underlying theme of all our current development efforts. With Casino Builder, the objective is to shorten the timeframe between conceptualization and implementation. We are incorporating AI-driven features that assist operators in configuring, adjusting, and refining their platforms with significantly greater precision—enabling decisions that previously required days of back-and-forth to be made confidently in a fraction of the time. Beyond the builder itself, we are making substantial investments in how operators access information and guidance. Static documentation has its limitations. We aim to replace it with intelligent, context-aware support that delivers the correct answer at the opportune moment—so operators are not guessing, but acting on accurate, timely insights. The overarching direction is as follows: every feature we release should either reduce friction in an operator's workflow or enhance the quality of the decisions they make. Speed is important, but speed without accuracy leads to downstream problems. Our objective is to achieve both: empower operators with the confidence to act swiftly because the tools they utilize are dependable and designed around their actual operational methods. 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 estimates its iGaming market at over $1.3bn annually iGame

New Zealand estimates its iGaming market at over $1.3bn annually

(AsiaGameHub) - The New Zealand Department of Internal Affairs (DIA) has disclosed historical figures regarding the nation's online gambling sector, estimating the total annual market value to exceed NZD$1.3bn. This data was released in anticipation of the country’s transition to a regulated iGaming framework. Trina Lowry, the DIA’s Programme Director for Online Gambling Implementation, observed that the findings indicate the market is growing in both scale and intensity. She believes the upcoming regulations will enhance player protections and “ensure harm minimisation standards are met.” The Online Casino Gambling Act 2026 took effect at the start of May, establishing the regulatory structure and initiating a three-phase licensing process. This includes an auction for up to 15 online casino licences ahead of the official market launch on 1 December 2026. Starting 1 June 2027, only licensed operators will be authorized to provide online casino services within New Zealand. New Zealanders wagering more online The DIA engaged DOT Loves Data to evaluate the country’s existing online gambling landscape, covering the two-year period from October 2023 to September 2025. The report’s methodology included: Using consumer card transaction data from a single bank, which was then upweighted to project the total market size. Focusing on deposit spending rather than total wagered amounts, excluding any winnings. Excluding New Zealand’s statutory providers, specifically Lotto NZ and the TAB. Notably, the report estimates the New Zealand online gambling market at NZ$1.36bn annually (roughly €685.2m). The 15 largest merchants account for 82.5% of total market expenditure, with 96.3% of spending directed toward operators based in four countries: Cyprus, Gibraltar, Great Britain, and Malta. Monthly spending has consistently surpassed $100m since March 2024, with an estimated 360,000 unique users recorded as of September 2025. As of September last year, market spending had increased by more than $129.6m, representing a 10.5% year-on-year (YoY) rise. Transaction volume grew by 8.8%, while the number of unique users increased by 2.7% to approximately 360,000, suggesting that existing players are increasing their spending. Vertical splits For dedicated online casino operators, spending rose by 38% YoY, with transaction counts and unique user numbers climbing by 21% and 5%, respectively. Hybrid operators, which provide a variety of gaming options, saw a 22% YoY increase in spending, alongside a 23% rise in transactions and an 11% increase in unique users. Conversely, the sports betting sector experienced a 37% YoY decline in spending, with transactions falling by 36% and unique users decreasing by 14%. The report also highlighted that individuals from the most deprived areas are the most frequent online gamblers. The 40% of the population in the most deprived quintiles accounted for over 50% of total gambling expenditure (28.4% from Quintile 5 and 21.9% from Quintile 4), whereas the wealthiest 20% (Quintile 1) contributed only 14.9%. “The market is expanding both in breadth and depth.” Trina Lowry, Programme Director – Online Gambling Implementation for the Department of Internal Affairs Regarding specific verticals, casino spending among high-deprivation demographics grew at a faster rate of 41% compared to the 22% growth seen in the broader hybrid market. In a communication from the DIA, Lowry noted: “The data indicates that the market is growing in both breadth (an increase in the number of gamblers) and depth (a rise in transactions per person and higher spending per transaction).” “Regulating this industry will improve safety for those choosing to use licensed online casino platforms in New Zealand. It will ensure that harm minimisation standards are upheld, preventing criminal activity and dishonesty, and ensuring that all operators in New Zealand comply with our regulations.” Next steps While online casino licences are slated for issuance from early 2027, there are currently no changes for New Zealand-based online casino players. Online casinos that were active in the country prior to 1 May 2026 may continue operations until 1 December 2026, though they are forbidden from advertising to local players. Furthermore, several operators are currently facing coordinated legal proceedings in the Auckland High Court, with claims filed against bet365, SkyCity Entertainment Group, and Super Group regarding past gambling activities. 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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Tory peer adds to growing pressure on Gambling Commission over affordability checks iGame

Tory peer adds to growing pressure on Gambling Commission over affordability checks

(AsiaGameHub) - Conservative Party peer Nick Herbert has joined a growing number of prominent figures in criticizing the UK's Gambling Commission's affordability checks. Speaking in the House of Lords, the former MP for Arundel and South Downs, now Baron of South Downs, urged Culture Secretary Lisa Nandy to reconsider the "ill-targeted policy, which, after all, was not the government’s in the first place." Herbert's intervention adds to a chorus of opposition aiming to prevent the implementation of these checks, which includes gambling reformist James Noyes and Reform UK leader Nigel Farage. The Gambling Commission is scheduled to meet tomorrow to discuss the implementation of Financial Risk Assessments (FRAs), the most stringent level of its affordability check system. However, Herbert has called for a halt to this process. "On Thursday, the Gambling Commission will decide whether to approve the roll out of affordability checks on online betting," he stated. "When the previous government announced these checks three years ago, ministers said they should be totally frictionless. The pilots have not been. Immense damage has been done to horse racing already, and to what effect? “Bettors resent intrusive checks and are driven to the black market, racing loses revenue an estimated £250m over five years, and so in turn does the Treasury, and while I appreciate the potential harm of other forms of gambling, betting on racing is simply not in the same league.” Nick Herbert. Credit: X Last year, the Gambling Commission launched a six-month pilot of its affordability solution, testing both the less intrusive Financial Vulnerability Checks and the more comprehensive FRAs. Despite this, criticism from both the industry and political spheres has persisted. “The risks are akin to that of playing National Lottery scratch cards. Should these be restricted too?” Herbert questioned in the Lords this week. “There has been no proper evaluation of the affordability pilots, and it appears that the checks will be green lit with no parliamentary debate or scrutiny. “Affordability checks are directly contrary to the government’s declared support for racing, so I urge the Culture Secretary to step in now and revisit an ill-targeted policy which, after all, was not the government’s in the first place.” Herbert adds to growing list of affordability checks’ critics Herbert is not the first, even this week, to appeal to the Commission for a delay in the rollout, but there is a sentiment that this backlash from influential figures may have come too late. However, some individuals and organizations within the industry have long opposed these checks. The Betting and Gaming Council (BGC), a vocal critic of the measures since the early stages of the Gambling Act review in 2021, confirmed this week to SBC News that it is exploring legal action to prevent their implementation. A spokesperson for the BGC commented: “The evidence so far suggests these proposals are not fit for purpose and risk driving people away from the regulated market towards the growing illegal online black market, where there are no protections and no safeguards. “Given the serious concerns raised by operators there is a real risk the industry could ultimately be left with little choice but to consider legal challenge if these proposals proceed without further scrutiny.” Despite widespread opposition, the Commission maintains that only 3% of active accounts will be subject to checks, with the majority remaining frictionless. FRAs have been trialled on bettors who stake £1,000 within 24 hours or £2,000 within 90 days, equating to approximately £22 per day. However, these thresholds have continued to draw criticism, most recently from Farage, who argued that they are "killing traditional bookmakers" and "driving the industry underground." Last week, James Noyes, who resigned from the Gambling Act Review Evaluation Advisory Group due to concerns over the checks and a belief that his feedback was being ignored, also voiced his opposition. While Noyes still supports affordability checks in principle, he wrote to Nandy last month expressing "deep concern over recent reports highlighting the pilot’s apparent lack of transparency and efficacy." The Commission appears poised to proceed with its decision-making process tomorrow, despite the significant opposition from various figures. Thursday, May 21st, is shaping up to be a pivotal day in the history of UK gambling, regardless of the outcome. 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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Gauteng Gambling Board CEO Fired for ‘Gross Misconduct’ iGame

Gauteng Gambling Board CEO Fired for ‘Gross Misconduct’

(AsiaGameHub) - The leader of the gambling regulatory body in South Africa’s Gauteng province has been dismissed following findings of ‘gross misconduct’ and the ‘misuse of public funds’. According to the South African Government News Agency, Vuyiswa Ramokgopa, the Gauteng MEC for Economic Development, Agriculture and Rural Development, stated that she was compelled to fire Dr Karabo Mbele, the Chief Executive Officer of the Gauteng Gambling Board, in the wake of the investigation. The findings linked Mbele to ‘significant governance lapses,’ including meddling in funding approval procedures, authorizing funds before official protocols were finalized, approving payments lacking necessary documentation, and failing to meet oversight and compliance duties. Oscar Maripane, the board’s Chief Financial Officer, has also been placed on suspension while an internal disciplinary review takes place, following evidence connecting him to procurement irregularities, violations of Gauteng’s Public Finance Management Act, and failures in internal controls and statutory reporting requirements. ‘Widespread institutional decline’ Ramokgopa characterized the situation as a ‘widespread institutional decline’ within the Gauteng Gambling Board, warning that if left unaddressed, it would ‘undermine public confidence and damage the entity’s integrity.’ Specific concerns were raised regarding the distribution of roughly R73m (£3.28m) from a Social Development Fund and Corporate Social Investment (CSI) budget prior to the completion of the board’s approval process. Further scrutiny has been directed at Mbele’s decision to authorize an additional R23m (£1.03m) in Social and Economic Development (SED) funding in April 2025 without adhering to established governance and authorization procedures. Commenting on the forensic report, which was prepared by an independent legal team headed by Advocate William Mokhare SC, Ramokgopa stated: “It is highly troubling that since taking office six weeks ago, I have been flooded with reports from whistleblowers—many seeking anonymity—detailing various acts of misconduct, corruption, and poor administration at the gambling board. “It is evident that the current state of affairs at the Gauteng Gambling Board is unsustainable.” Several members of the Gauteng Gambling Board stepped down in December 2025, and an administrator will be installed while a new board is formed. A pivotal moment for South Africa These serious allegations emerge at a critical juncture for the South African gambling industry, which is experiencing growth alongside broader trends across the African continent. Online betting, in particular, has seen a significant rise in activity, prompting the South African Treasury to launch a consultation on the potential introduction of a new iGaming tax to supplement existing provincial gaming levies. Initially disclosed in November, the National Treasury has suggested a 20% tax on online gaming operations, aiming to generate revenue to ensure that ‘the external costs linked to gambling are covered by those who provide and engage in it.’ The proposal noted: “Technological advancements have increased the accessibility of online gambling, altering betting habits and expanding the range of available products, which users can now access from any location at any time. This crosses provincial lines and cannot be effectively or fully managed at a provincial level.” When combined with provincial tax rates—which range from 6% to 9% depending on the region and sector—the nation’s effective tax burden would reach between 26% and 29% if the proposal is enacted. 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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Ending the spreadsheet era: ReferOn’s crypto automation to revolutionize iGaming payments iGame

Ending the spreadsheet era: ReferOn’s crypto automation to revolutionize iGaming payments

(AsiaGameHub) - While trust is the foundation of operator-affiliate partnerships, it is often undermined by human error and payment lags caused by manual spreadsheet use. With nearly 20% of affiliate interactions revolving around commission disagreements, there is a pressing need for robust financial systems. ReferOn has addressed this by introducing an integrated crypto finance layer that facilitates payments through its licensed gateway partners. This tool is designed to streamline the payment process for both operators and affiliates by removing the need for manual entries and spreadsheet tracking. To discuss the industry's evolution, SBC News interviewed ReferOn’s COO, David Harris, and Senior Account Manager, Hristiana Stefanova. They explain how spreadsheet-heavy workflows have hindered progress and how ReferOn’s latest innovation revitalizes the industry. How prevalent are crypto payments in the current iGaming affiliate landscape, and what has been the growth trajectory recently? Hristiana Stefanova: By 2026, crypto has evolved from a niche option to a fundamental component of iGaming finance. It offers a much more efficient and direct method for paying affiliates. David Harris: Indeed. We have observed consistent growth over the last decade as crypto becomes more reachable. While major corporations often prefer traditional banking, small and medium enterprises are the primary drivers of crypto adoption. What are the main difficulties the industry encounters with manual payment processing? Stefanova: Manual tasks often mask mistakes, leading to significant delays. Operators report that over 20% of their affiliate dialogue concerns commission errors. When managers are forced to reconcile spreadsheets with finance departments, affiliates can wait weeks for their money. Harris: Manual systems inevitably lead to delays. Industry forums are full of complaints regarding invoice discrepancies. Automation is the answer, though implementing it requires a thorough understanding of an operator's specific payment architecture and careful integration with existing funds. In what ways does ReferOn’s automation simplify tasks and stop "operational firefighting"? Stefanova: We’ve developed an integrated crypto finance module that shifts payment management from spreadsheets to a centralized 'Command Center.' Once an affiliate's details are configured, the system automates calculations, allowing for one-click payments at month-end. Harris: This effectively removes the risk of human error, such as copy-pasting mistakes or faulty reconciliations. By consolidating payouts and fund management, ReferOn ensures that affiliate data, exchange rates, and payment histories remain perfectly synchronized. Can automation resolve the trust issues that sometimes affect the relationship between operators and affiliates? Stefanova: Definitely. Timely payments are the top priority for affiliates. Throughout my eight years in the field, commission delays have been a constant source of friction. By streamlining these workflows, both sides can move past data disputes and focus on their partnership. Given strict financial regulations, how does ReferOn ensure its crypto layer remains compliant? Harris: Managing finances is a serious responsibility. Our system utilizes various payment branches, each of which must pass stringent KYC and background checks before being integrated into our platform. These protocols are a mandatory part of our rollout. How does this feature align with the broader ReferOn platform and the company's core goals? Harris: This feature reflects our commitment to innovation and transparency. We prioritize market feedback to guide our development of new tools.Stefanova: Our objective is to automate and centralize the entire affiliate management workflow. This update represents another milestone in our effort to provide the iGaming sector with greater efficiency and transparency. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Turkey to launch new offensive in crackdown on illegal gambling iGame

Turkey to launch new offensive in crackdown on illegal gambling

(AsiaGameHub) - Turkey's ruling AKP administration is gearing up to initiate a fresh stage in its crackdown on unauthorized gambling operators, expanding its enforcement efforts past domestic borders and digital platforms. This objective was communicated by Turkish Vice President Cevdet Yılmaz during a briefing to state agency heads, where he declared: "The AKP remains steadfast in its determination to dismantle the criminal networks behind illegal gambling." Starting in October 2025, all state bodies in Turkey have been ordered to collaborate on the AKP's 'Action Plan' aimed at wiping out illicit betting, fulfilling a campaign promise made by President Recep Tayyip Erdoğan during the previous election cycle. A recent joint operation targeting unauthorized betting, led by Justice Minister Akın Gürlek, resulted in the detention of 233 individuals across the cities of Mersin and Antalya. Those detained are accused of assisting illicit syndicates that allegedly handled approximately TL18 billion (€340 million) in unauthorized gambling transactions. This campaign has prompted Turkey to overhaul its financial oversight mechanisms under direct instructions from President Erdoğan, who appointed the Financial Crimes Investigation Board (MASAK) in February to oversee transaction monitoring. With its expanded powers, MASAK is now tasked with cracking down on digital money mules, dummy accounts, and shell companies integrated into the Turkish financial sector to facilitate transactions for black-market operators. While MASAK has significantly boosted its detection capabilities, Yılmaz pointed out that the struggle is ongoing, with the AKP estimating Turkey's financial exposure to illicit gambling to be between $20 billion and $60 billion. "Following our President's directives, we have formulated a broad and multi-dimensional strategy," Yılmaz emphasized, noting that the eradication of illegal gambling relies on three core pillars: law enforcement, financial surveillance, and raising public awareness about the criminal nature of illicit betting. However, the AKP's upcoming phase will shift focus toward digital surveillance and global law enforcement targeting entities that deliberately facilitate unauthorized gambling operations. Yılmaz re-emphasized that unauthorized betting is not merely a financial hazard but also a wider social and security issue, connecting illegal gambling networks to dangers such as money laundering, funding for organized crime, and unprotected access for vulnerable demographics. A key element of the strategy targets digital and social media channels. Turkish officials are indicating that major tech companies like Google and Facebook will face closer scrutiny to ensure they prevent unauthorized operators from targeting Turkish users online. Yılmaz observed that "there is a complete lack of regulatory oversight. No age restrictions, financial checks, or protective measures exist" to shield Turkish citizens from interacting with illicit gambling advertisements and platforms. He added that additional measures must target affiliate marketing networks, influencer endorsements, unlicensed advertising, and social media marketing funnels, which serve as vital pipelines for offshore betting sites targeting the domestic market. The administration is also prioritizing international enforcement, pointing out that a significant portion of illicit gambling operations are run by foreign-based entities outside domestic legal reach. The most challenging front The initiative is set to transition into its most intense stage with the introduction of international enforcement actions aimed at foreign-based betting networks catering to Turkish players. President Erdoğan has previously identified regions such as Georgia, Armenia, Northern Cyprus, and North Macedonia as key operational bases for illicit gambling networks actively targeting the Turkish market. Yılmaz highlighted that unauthorized betting has transformed from a local regulatory matter into a national security threat, warning: "These networks are frequently linked to various high-risk activities, including money laundering, terrorist financing, and organized crime." The strategy will expand past conventional methods like IP blocking and restricting web access to unlicensed sites. Instead, Turkish officials are indicating a shift toward holding those who facilitate illegal gambling infrastructure criminally liable, irrespective of their location or business type. Consequently, enforcement efforts will target payment processors, digital distribution networks, affiliate marketing channels, and international operations catering to Turkish users. Recognizing the global scale of the issue, Yılmaz stated that "most illicit betting operations take place online via networks with international ties," noting that "certain nations and territories serve as hubs for these activities." Consequently, he stressed that "global collaboration is a cornerstone of our strategy," with Turkey's Ministry of Foreign Affairs, headed by Hakan Fidan, set to ramp up diplomatic pressure on foreign jurisdictions as a new enforcement measure. Turkish officials have also stressed the need for flexible enforcement, with Yılmaz pointing out: "As soon as one platform is blocked, alternative networks quickly emerge to take its place." By taking the fight abroad, geopolitical friction could extend beyond gambling regulation if Turkish officials decide that foreign governments are not cooperating with efforts to stop illicit betting aimed at Turkish citizens. As international operations become the primary focus, the AKP and the Turkish government seem prepared to take their biggest risk yet to fulfill Erdoğan's campaign promise to eradicate illegal gambling. 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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Are Sportradar investigations legitimate or just an ambulance chase? iGame

Are Sportradar investigations legitimate or just an ambulance chase?

(AsiaGameHub) - A Sportradar investor has brought a lawsuit against the company after two short-selling investment research firms made illegal activity allegations against it last month. James Anthony Smale has submitted his claim to the US District Court of the Southern District of New York, naming Sportradar itself, along with the company’s Chief Executive Officer Carsten Koerl and Chief Financial Officer Craig Felenstein, as defendants. Smale alleges that Sportradar leadership made ‘false and misleading statements’ to investors regarding the business’ commercial relationships with the black market during quarterly earnings calls, citing 2025 investor conferences as part of his claim. As last month’s allegations triggered a sharp drop in Sportradar’s stock price, investors like Smale have suffered tangible financial losses. Smale is seeking damages from the short sellers, while also claiming that Sportradar violated the Exchange Act and regulations set by the US Securities and Exchange Commission (SEC). From the moment the short sellers’ allegations were released, Sportradar has strongly denied that the improper commercial relationships it is accused of engaging in actually exist. Muddy Waters and Callisto On 22 April, Muddy Waters Research and Callisto Research jointly published reports claiming that Sportradar has been supplying its sportstech and data services to black market betting firms that target unregulated Asian markets The accusations have placed the Nasdaq-listed technology group under intense scrutiny, given its status as the leading provider of integrity services and intelligence for global sports leagues and governing bodies including FIFA, UEFA, NBA, NHL and CONMEBOL. As cited in Smale’s suit, the allegations include claims that Sportradar has been working with Asian organised criminal groups such as China’s ‘infamous Yabo Group’ and illegal gambling operations in ‘Russia, Turkey and several Asian markets’. In the wake of the reports, Sportradar’s share price fell 22.75% — dropping from a five-day high of $18 per share to $13 at the close of trading on 22 April. It has traded at an average of between $12-$14 ever since. Since both Muddy Waters and Callisto had openly shorted Sportradar stock ahead of the reports, the pair likely profited heavily when Sportradar’s stock tumbled on the New York Nasdaq. As expected, Sportradar was quick to push back against the allegations. Koerl labelled the claims a ‘personal attack’, while a Sportradar statement issued shortly after the allegations went public stated that the company would “unequivocally challenge these assertions”. In Sportradar’s Q1 earnings call held toward the end of April, Koerl clarified what he and Fellenstein believe is the extent of Sportradar’s exposure to black and grey betting markets. Koerl told investors that the firm’s exposure to the grey market was likely ‘between low-to-mid single digit numbers’ – estimating 5% at the lower end and about 12%-13% on the higher end of the range. “We do not work with black market operators,” he asserted. “For the grey market, we have a solid compliance structure in place, and we only work with licensed operators. The measurements we apply here are a risk assessment, and irrespective of licensing and jurisdictions, we only support businesses which hold a valid licence.” Is everyone piling on Sportradar? The fallout from the allegations against Sportradar and the subsequent drop in the value of its shares has undoubtedly drawn widespread attention. Smale’s lawsuit is just the latest in a string of follow-ups to the original allegations, with several securities-focused law firms quick to prepare their cases once Muddy Waters and Callisto’s reports were published. As soon as the allegations were made public on 22 April, multiple law firms began releasing statements. A statement was published by the Los Angeles-based Law Offices of Frank R Kutz on 22 April, the same day the allegations dropped, for example. Several more followed in late April and early May. Kessler Topaz Meltzer & Check LLP, the law firm representing Smale in his lawsuit against Sportradar, published a statement on 8 May saying it was investigating potential violations of securities laws by the company and encouraged affected investors to reach out. Another New York law firm, Kirby McInerney LLP, has issued a similar statement, reminding investors that they have until 17 July to join the lawsuit. This is the deadline for investors to sign up as lead plaintiffs in the claim. Amid all this talk of ‘official investigations’, however, there is a very important factor to remember – firstly, investor complaints against companies facing new allegations, such as in the aftermath of short sellers’ reports, are hardly uncommon. Secondly, and most importantly, these ‘official investigations’ are being conducted by private law firms that specialize in securities law, not by any government agency. As of yet, no government agency or regulator has officially launched an investigation into Sportradar. In short, the investigations could lead to meaningful action, or they could just be cases of ambulance chasing… a common reality for all US PLCs operating in the litigious landscape of sports, media and betting markets. Whether the claims have merit is now for the courts to decide, and for regulators like the SEC – if regulators decide there is actually enough weight behind the allegations to warrant an investigation in the first place. Whatever the final outcome, Sportradar will be harmed by proceedings that have already derailed its core ambition to become the highest valued sports tech and data intelligence firm in the sector. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Racing and Sports eyes strong finish to fiscal year amid growing confidence from new deals iGame

Racing and Sports eyes strong finish to fiscal year amid growing confidence from new deals

(AsiaGameHub) - Australian betting technology company Racing and Sports (RAS) anticipates securing an additional AU$2m (£1m) from the partnerships it has finalized this year. The firm established a new partnership with Altenar, a fellow B2B sports betting technology provider, in April, and simultaneously renewed its contract with TABTouch, the digital betting platform of Racing and Wagering Western Australia (RWWA). The renewal with TABTouch extends for a further five years. The agreement includes data and content for Australian thoroughbred, harness, and greyhound racing, featuring racing previews, runner comments, and content enhancements. Meanwhile, UK-based Altenar has completed a technical integration of RAS software, incorporating pre-race data, race day data, and its oddsline service. This arrangement covers Altenar’s UK and international operations, with three B2C brands already utilizing the solutions. “These agreements reflect the depth and quality of what RAS delivers to racing and wagering operators around the world,” stated Stephen Crispe, Chief Executive Officer and Managing Director of RAS Technology Holdings, the entity behind Racing and Sports. The Altenar agreement is notably significant for RAS, as the Canberra-based and ASX-listed organization has been pursuing international expansion over the past year. The UK horse racing market has been a key target for the company. Despite recent obstacles, such as challenges with racecourse attendance post-COVID-19, racing remains a favored betting sport in the region—ranking as the second most wagered-on sport after football. The alliance with Altenar follows agreements with other UK horse racing stakeholders, including software provider Metric Gaming. Beyond the UK, the firm is also concentrating on elevating its profile in Asia, while a collaboration with LeoVegas targets the Swedish market. “Extending our relationship with TABtouch, welcoming Altenar as a new platform partner, and going live with LeoVegas are all important milestones,” commented Crispe. “We are also seeing strong momentum in our Asian business, which is performing ahead of expectations since the team joined last year. “With further deals expected to close before the end of FY26, the pipeline continues to build, and we approach the beginning of FY27 with confidence.” 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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Balancing iGaming sustainability in Puerto Rico iGame

Balancing iGaming sustainability in Puerto Rico

(AsiaGameHub) - As iGaming begins to flourish in Puerto Rico, ensuring the sustainability of its operations will be crucial, not only for the online sector but also for the market’s established land-based casinos. Juan Carlos Santaella Marchán, Executive Director of the Puerto Rico Gaming Commission, recently spoke with SBC Noticias about the country’s expanding online gaming sector and the primary challenges the Commission faces in ensuring this vertical can achieve long-term balance with its brick-and-mortar counterparts. While Marchán acknowledged the Puerto Rican government’s success in integrating gaming under a unified regulatory framework, he identified the biggest challenge as preventing digital growth from undermining the land-based gaming sector. The Executive Director explained: “Physical casinos not only generate tax revenue that benefits tourism and the University of Puerto Rico, but also create jobs and support the hotel, entertainment, and broader economic sectors. “The digital environment, by nature, operates with leaner structures and more aggressive commercial strategies. Without proper balance, there could be a rapid migration of consumers toward online platforms with less local economic impact.” “Our regulatory market has an important advantage: we are not starting from scratch.” Puerto Rico Gaming Commission Executive Director Juan Carlos Santaella Marchán Marchán stated that the sustainability of the country’s gaming model will depend on continuous and effective real-time technological oversight, promoting legality through incentives, protecting land-based casinos as key tourism and economic drivers, strengthening responsible gaming and problem gambling prevention programs, and rapidly adapting regulations to new technologies, payment methods, and digital products. “Our regulatory market has an important advantage: we are not starting from scratch,” Marchán further noted. “We have over 75 years of casino tradition, a century-old horse racing industry, a modern legal framework, and regulatory proximity to the Anglo-Saxon model. However, the next level of maturity will be proving that the hybrid system can grow without one side destroying the other. That is where the true success of our jurisdiction’s regulatory model will be defined.” At SBC Summit Americas, Marchán is scheduled to participate in the ‘Regulator Rumble: The Future of LatAm’ panel, where he will discuss why a ‘land-based anchor’ model, in a continent rapidly embracing digitalization, can shield markets from volatility. Marchán elaborated on how this particular gaming model has helped safeguard Puerto Rico against market fluctuations. The Executive Director commented: “Market size and regulatory quality do not necessarily advance at the same pace. Some jurisdictions achieve massive digital volumes very quickly, but later face integrity problems, tax evasion, illegal operators, and political pressure to tighten regulations after the market has already experienced explosive growth. Image: Nancy Pauwels/Shutterstock “Our position is that regulatory stability has economic value in itself. An ecosystem where operators must maintain a physical presence, local infrastructure, and real ties to the jurisdiction creates a less speculative and more trustworthy market against aggressive expansion cycles. “That may result in slower growth, but it also reduces volatility and strengthens credibility. During the panel, we will argue that regulatory success should not be measured solely by projected market size, but by how much of that growth remains formalized, supervised, and protected against recurring risks.” 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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Hub88 Enhances Global-Local Strategy Through TaDa Gaming Partnership iGame

Hub88 Enhances Global-Local Strategy Through TaDa Gaming Partnership

(AsiaGameHub) - Hub88 has signed a new content distribution agreement with TaDa Gaming, reinforcing its commitment to boosting player engagement for its operator partners. This partnership will see Hub88 integrate TaDa Gaming's game portfolio alongside its player engagement tools, such as the GiftCode and WIN CARD solutions. Jessica Inglott, Head of Supplier Relations at Hub88, stated: "We consistently seek suppliers that offer a blend of scale, quality, and a deep insight into diverse player tastes. "TaDa Gaming's robust localisation expertise and compelling game library are a significant asset to our platform." As a component of its 'glocalisation strategy', TaDa Gaming will provide its range of localised casino games to Hub88's worldwide partner network. Key titles include Fortune Gems 500, Gold Mine Express, Chicken Dash and Fortune Zombie Lightning. TaDa Gaming noted that this offering will be supported by over 240 additional titles spanning video slots, fish-shooting games, table games, cards, bingo, and crash games. Ray Lee, Director of Business Development at TaDa Gaming, commented: "Aligning with a leading platform like Hub88 marks a key achievement in our worldwide distribution plan. Our focus on player-centric content is strengthened by our specialised localisation. "This enables us to provide premium, customised entertainment that connects with international audiences. We are excited to collaborate on creating outstanding gaming experiences." A strengthened profile Hub88 has maintained its strong growth trajectory in 2026, further expanding its content portfolio with additional game developers. Games Inc recently joined Hub88's platform as the newest developer. Fiona Hickey, Managing Director at Games Inc, remarked that the agreement closely matches Games Inc's core principles. 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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EveryMatrix Advances North American Strategy via Alberta Licence iGame

EveryMatrix Advances North American Strategy via Alberta Licence

(AsiaGameHub) - EveryMatrix has received approval to expand its operations in Alberta, positioning it for entry into the province’s upcoming regulated betting market. The Malta-based gaming technology company has been growing its presence across various gaming markets in the Americas over recent years, following a strong foundation built in Europe. Its North American footprint currently includes the U.S. states of Connecticut, Pennsylvania, Michigan, New Jersey, and West Virginia, as well as Ontario—Canada’s sole licensed gambling market since 2022. Since Ontario established its regulated online betting sector, the province has become one of North America’s most significant gaming markets, with CA$9.6 billion (£5.2 billion) in wagers placed through licensed sportsbooks and casinos reported in March. Starting from 1 July 2026, Alberta will launch a highly anticipated multi-licence market, joining Ontario in the east, attracting numerous European operators and suppliers such as EveryMatrix. EveryMatrix’s expansion into Alberta has been facilitated by conditional licensing approval granted by the Alberta Gaming, Liquor and Cannabis Commission (AGLC). Rani Axon, Market Manager for North America at EveryMatrix, commented: “Entering Alberta represents an exciting milestone for the Group as we continue our growth in one of North America’s most promising regulated markets.” “This approval reflects the strength of our compliance team and our ability to meet regulatory requirements across diverse jurisdictions.” EveryMatrix’s move into Alberta is part of a broader push into the North American market, highlighted earlier this year when the London-founded, Malta-headquartered firm joined the North American Association of State and Provincial Lotteries (NASPL). While focusing on North America, the company remains active in other regions, having recently signed agreements with Merkur and Fitzbet to serve Denmark and the UK respectively, along with partnerships in South Africa and Angola. 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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ELA Games enhances content exposure through Gamblizard spotlight iGame

ELA Games enhances content exposure through Gamblizard spotlight

(AsiaGameHub) - ELA Games is enhancing the visibility of its content through a strategic partnership with online casino resource platform Gamblizard. A dedicated ELA Games directory has been developed and launched on Gamblizard, giving iGaming professionals access to explore the studio’s full game portfolio. Gamblizard is positioned as an online casino encyclopedia and resource platform founded on principles of transparency, safety, and user-centered content—including casino reviews, bonus details, and responsible gambling guidance. Ethan Silberstein, Senior Content Expert at Gamblizard, remarked: “This collaboration enables us to present ELA Games in a clear and organized manner. Our objective is to deliver accurate and valuable insights into each title, helping users understand how the games function before playing them.” Gamblizard will offer comprehensive analyses of ELA Games’ titles, highlighting gameplay mechanics, storylines, and visual design to provide a thorough overview of the studio’s content library. Yaroslav Soloshenko of ELA Games stated: “Our partnership with Gamblizard marks a significant advancement in boosting our brand visibility. A custom-tailored directory on their reputable platform allows us to showcase the full depth and richness of our portfolio in one accessible location. We are excited to move beyond a simple list of games and instead present players and partners with an in-depth look at the immersive mechanics, distinctive art styles, and engaging gamification features embedded in every release.” In recent discussions, ELA Games shared insights with iGaming Expert on the benefits of diversified slot portfolios and session-based curation over relying solely on “hero games” in mature markets such as Denmark. 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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