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IGB: Dennis Uy Announces New Partner in Stalled Philippines Resort Project

Posted on by tuxn

Davao City tycoon Dennis Uy and EEI Corporation have reached an agreement to complete the long-delayed Emerald Bay integrated resort in Cebu. PH Resorts (PHR) signed a memorandum of understanding (MoU) with EEI on December 9, aiming to finish the resort that was originally planned to open in 2021. EEI will finance and complete the PHP17.5 billion project.

This is Dennis Uy’s third attempt to complete the resort, with previous deals with Bloomberry Resorts and Okada Manila falling through. The delayed project has caused financial strain for PHR, which posted a net loss of PHP4.21 billion in 2023. However, the new partnership with EEI brings renewed hope for the project’s completion.

Key Points:

1️⃣ Dennis Uy partners with EEI to complete the stalled Emerald Bay integrated resort in Cebu.

2️⃣ The resort was originally planned to open in 2021, with a total investment of PHP17.5 billion.

3️⃣ This is Uy’s third attempt to complete the project, with previous partnerships failing.

4️⃣ PHR is recovering from significant financial losses, posting PHP4.21 billion in net losses in 2023.

5️⃣ EEI is jointly owned by the Yuchengco family and Speaker of the House Martin Romualdez, a relative of President Marcos.

6️⃣ If completed, Emerald Bay will join Cebu’s Nustar Resort and compete with Mactan World Resorts.

News Reference: iGamingBussiness

IGB: Indonesia’s New Government Using AI to Combat Online Gambling

Posted on by tuxn

Indonesia blocked 380,000 online gambling sites in October as part of the new government’s effort to eliminate illegal gambling. Lawmakers are utilizing artificial intelligence to detect and block gambling providers.

Under President Pabrowo Subianto, Indonesia has renewed its commitment to eradicating online gambling, which is strictly prohibited in the world’s largest Muslim country.

Minister Meutya Hafid promptly introduced a 100-day agenda with four key goals: protecting personal data, digitizing government services, eradicating online gambling, and creating a more child-friendly internet.

The ministry is employing artificial intelligence to detect and block illegal gambling content. As of October 20, around 380,000 sites have been shut down, including 300,000 illegal IP addresses and thousands of ads on platforms like Meta, Google, and Twitter.

The government has also launched special cyber patrols to detect sites and applications with gambling content. Juda Agung, deputy governor of Bank Indonesia, added that payment service providers, both banks and non-banks, must implement fraud detection systems to identify accounts used for online gambling.

Despite gambling being illegal, Indonesia’s passion for gambling remains strong. Figures from ABC Asia show that gamblers lost RP327 trillion (£16.2 billion/€19.5 billion/$20.5 billion) in 2023, about 1.5% of the country’s GDP.

The government is using a two-pronged approach to combat online gambling: digital scrutiny of internet traffic and financial transactions, and increasing digital literacy and awareness among Indonesians.

Key Points:

1️⃣ Indonesia has blocked 380,000 online gambling sites as part of efforts to eliminate the activity.

2️⃣ Artificial intelligence is being used to detect and block gambling providers.

3️⃣ A 100-day agenda has been introduced with goals of data protection, government digitization, eradicating gambling, and creating a child-friendly internet.

4️⃣ Special cyber patrols and fraud detection systems for payment providers are also part of the strategy.

5️⃣ Despite gambling being illegal, Indonesians lost RP327 trillion to gambling in 2023.

6️⃣ The government is employing both digital monitoring and public education to tackle online gambling.

News Reference: iGamingBusiness

IGB: Online Games Propel Philippines to Record-breaking Revenue

Posted on by tuxn

The Philippine gaming industry is set to reach a record-breaking PHP350 billion in 2024, driven by a surge in online games. In Q3 alone, electronic gaming revenue grew 464.38% year-on-year to PHP35.71 billion. Pagcor(Philippine Amusement and Gaming Corporation) Chairman Alejandro Tengco credits this to technological advancements and increased mobile gaming adoption.

However, Morgan Stanley warns the growth may be temporary, as over 1,000 new licenses were issued in 2023 following reduced licensing fees. Despite the ban on POGOs(Philippine Offshore Gaming Operations), domestic gaming remains resilient.

Pagcor is also preparing to relocate to a new 40,000 sqm headquarters in Pasay City, signaling its commitment to supporting the gaming sector’s sustainable development.

  • Record-breaking Growth in Philippine Gaming Industry

    1️⃣ 2024 GGR projected to reach PHP350 billion ($6 billion), surpassing government targets and last year’s PHP285 billion.
    2️⃣ Online games are the primary growth driver.

  • Explosive Growth in Online Games

    1️⃣ Q3 GGR increased by 37.52% to PHP94.61 billion.
    2️⃣ Electronic gaming revenue surged 464.38% year-on-year.

  • Policies and Challenges

    1️⃣ Pagcor’s increased licenses and reduced fees contributed to growth.
    2️⃣ Morgan Stanley warns this growth might be short-lived.

  • Impact of POGO Ban

    1️⃣ Despite the POGO ban, domestic gaming has sustained robust growth.
    2️⃣ Pagcor confirms remaining POGOs will exit by year-end.

  • Pagcor’s New Headquarters

    A 40,000 sqm facility in Pasay City reflects Pagcor’s commitment to modernization and professionalism.

New Reference: iGamingBussiness

IGB: BGaming Delivers on Unique Casino Games

Posted on by tuxn

The era of dominance by a few igaming platform providers is over. Today, hundreds of gaming studios release games monthly, offering thousands of titles to players at their fingertips. Standing out in this crowded market requires innovation and personalization, a challenge BGaming has embraced with remarkable success.

Founded in 2018, BGaming focuses on creativity and quality. With over 150 games, the company prioritizes player needs, developing customized and branded games that resonate deeply with audiences. Alexandr Shavel, BGaming’s Product Owner, emphasizes the importance of delivering “something special” to players, moving beyond mass-produced games.

BGaming’s innovative approach includes crypto-integrated games, catering to the growing crypto gambling market. Its partnerships with operators and streamers ensure player preferences are at the forefront, enhancing engagement and loyalty. Notably, a collaboration with Blaze Casino saw an 80% growth in GGR, demonstrating the impact of customized gaming experiences.

Taking innovation further, BGaming recently launched Snoop Dogg Dollars, the first-ever celebrity-branded slot. This groundbreaking game combines proven mechanics with the allure of a global icon, targeting Tier-1 and Tier-2 markets.

As the igaming market heads towards $46 billion in revenue by 2029, BGaming’s player-centric approach sets it apart in an increasingly competitive landscape, showcasing how innovation and collaboration drive success.

  • Market Trends and Demand:

    1️⃣Over 5,000 companies serve the igaming industry, with 3.6% growth expected in 2024.
    2️⃣Players increasingly seek personalized and innovative gaming experiences.

  • BGaming’s Approach and Positioning:

    1️⃣Founded in 2018, BGaming focuses on creativity and quality, with a portfolio of 150+ games.
    2️⃣Prioritizes meeting individual player needs and creating customized, branded games.

  • Innovation and Differentiation:

    1️⃣Embraces crypto gambling by offering crypto-integrated games.
    2️⃣Customized games strengthen player-brand connections and boost loyalty.

  • Collaboration and Knowledge Sharing:

    1️⃣Works closely with players, streamers, and operators for game optimization.
    2️⃣Partnerships with operators ensure games align with brand identity and audience preferences.

  • Case Study: Blaze Casino

    1️⃣Customized games drove an 80% GGR growth for Blaze Casino.
    Strategic integration of customized games enhances player engagement and retention.

  • Branded Game Innovation:

    1️⃣Launched the first-ever celebrity-branded slot, Snoop Dogg Dollars.
    2️⃣Combines proven game mechanics with new features and iconic celebrity appeal.

  • Conclusion:

    1️⃣The igaming market is projected to reach $46 billion by 2029, but growth is slowing.
    2️⃣To thrive, companies must adopt a player-centric, innovative approach, creating unique gaming paradigms.

News Reference: igamingbussiness

EXPERIENCE THE SHOCKING THRILL OF LIGHTNING BALL!

Posted on by masteradmin

Get ready to light up your gaming sessions with Lightning Ball, the newest addition to the renowned Lightning series! This game reinvents the traditional ball-drawing format with exciting innovations:

Lower winning threshold: Match just two numbers to win!
Enhanced multiplier system: Feel the suspense with expanded multiplier values.
Electrifying gameplay: Dual ball machines and lucky Lightning numbers bring thrilling energy to every round.

How to Play
Lightning Ball combines strategy and luck in a fast-paced, electrifying format:

Each ticket features five numbers (1–30) and a Powerball (1–10).
Win by matching at least two numbers, including the Powerball.
The game uses two ball machines:
Main drum: 30 balls (1–30)
Powerball drum: 10 balls (1–10)
In each game round, six balls are drawn: five from the main drum and one Powerball. Matching the Powerball boosts your chances of bigger wins!

LIGHTNING MULTIPLIERS: SUPERCHARGE YOUR WINNINGS
Take your gameplay to the next level by purchasing up to 200 tickets per game, increasing your odds of winning.

After the five main balls are drawn, the host activates the Lightning Multiplier, generating a random multiplier between 2x and 50x.

If your ticket matches the Powerball and at least one other number, the Lightning Multiplier is applied to your payout.
Already have a multiplier on your ticket? The winnings are supercharged by that value!

A Stunning Visual Experience
Play in our dazzling studio, where a high-energy atmosphere and state-of-the-art design create an unforgettable gaming experience.

Don’t miss your chance to join the action! Try Lightning Ball now and electrify your wins!

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Game Release: Trick of the Dead Wild Candies Megaways™

Posted on by masteradmin

Get ready to embark on a spine-chilling journey this Halloween with Trick of the Dead Wild Candies Megaways™! On the eeriest night of the year, the spirits rise—not to scare, but to reveal bountiful treasures hidden under the glow of a full moon. As you stroll through haunted streets, it’s not just candy on the line—it’s your chance to strike it big!

In this Halloween-themed Megaways™ slot, wins are awarded when matching symbols line up on the reels. Look out for the Ghostly Skeleton Hand Wilds, which help create winning combinations, and Candy Bag Free Spin symbols, which trigger a thrilling Free Spin feature when you land three or more. During Free Spins, the stakes get even higher, and so do the rewards, with increased chances to uncover massive hidden treasures.
Feeling daring? When you win 60x your stake or more, you can exchange 60x your stake for 10 FREE SPINS, keeping any extra winnings. For smaller wins between 20x and 60x your stake, you can gamble the entire amount for a shot at triggering the Free Spins. The bubbling witch’s cauldron reveals your chances of success, with glowing green segments indicating your odds.

With every spin, Trick of the Dead Wild Candies Megaways™ offers a hair-raising, candy-filled adventure where fortune awaits the bold. Dare to uncover the secrets of the night—this is one trick-or-treat you won’t want to miss!

Release Date: Just in time for Halloween thrills—coming soon to your favorite online casinos!

 

🌩️ Red Tiger Presents: Zeus Lightning Megaways™ 🌩️

Posted on by masteradmin

Unleash the power of the Thunder God in Zeus Lightning Megaways™, the electrifying new slot game!

⚡ Mighty Zeus Wilds strike the reels, cloning symbols for colossal wins.
⚡ Free Spins: Land 3 or 4 scatters to unlock 8 or 12 free spins, enhanced with Zeus Wilds that upgrade symbols for divine rewards.
⚡ Feature Buy: Take control—summon a Zeus Wild or dive straight into Free Spins for instant action!

Get ready for chain reactions, lightning strikes, and endless opportunities for fortune. Will you harness the power of Zeus?

🎰 Play Zeus Lightning Megaways™ today and feel the shockwave of big wins! 🎰

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Bounce Your Way to Riches in Plinko!

Posted on by masteradmin

🎯 Get ready for the thrill of precision and luck!

Welcome to Plinko — a Plinko-inspired adventure where every drop counts. Watch as the ball zigzags through pegs, building excitement with every bounce! Will it land on the jackpot or keep you on the edge of your seat? Spin, drop, and WIN big!

Plinko by Buffalo Game is a mini game of skill and chance with a solid 97% RTP. Play the free demo today and see if you can master the art of the drop!

How to play Plinko?
1. Press “Bet”
2. Wait for the ball to drop
3. “Shake” to have the chance to control where the ball drops at
4. Claim your winnings

Demo Game
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What is a Crash Game? The Thrill of Risk and Reward!

Posted on by masteradmin

A crash game is a fast-paced online gambling experience that keeps players on the edge of their seats. Popular in cryptocurrency casinos, it’s a game of strategy, timing, and nerve where players bet on a rapidly increasing multiplier—but beware! The multiplier can “crash” at any moment.
How Does It Work?
1. Place Your Bet: Enter the amount you’re willing to risk.
2. Watch the Multiplier Rise: The game starts, and the multiplier begins to climb. Will it reach 1.50x? 2.00x? Maybe even 10.00x!
3. Cash Out Before It Crashes: Decide when to cash out and lock in your winnings. But wait too long, and the multiplier might crash, causing you to lose it all!
Why Is It So Popular?
• Adrenaline-Packed Action: Every second feels like a gamble as you weigh the risk of holding out for a higher multiplier.
• Big Wins in a Flash: A well-timed cash-out can turn small bets into massive payouts.
• Social Excitement: Many platforms let you see other players’ bets and cash-outs, fueling the competitive spirit.
Example of the Thrill:
Imagine betting $10 and watching the multiplier climb past 1.50x, 2.00x, and 3.00x. Your heart races as you decide whether to cash out or push your luck. If you cash out at 3.00x, you win $30—but if the multiplier crashes at 2.90x, you walk away with nothing!
Crash games are simple to play but thrillingly unpredictable, making them a favorite in online gaming and crypto communities.

Aviatrix Website
Interview – What makes crash games so appealing to players and why is simplicity the ultimate key?

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Evolution acquires new company – Arcadia

Posted on by masteradmin

Evolution today announced that it has signed an agreement to acquire Arcadia Gaming Solutions. Arcadia’s innovative proprietary technology enables players to engage real-time with a physical arcade machine virtually through their desktop or mobile devices, offering a unique and engaging online experience.

The acquisition includes an up-front cash consideration of EUR 2.5 million. In addition, Evolution will pay an earn-out based on Arcadia games’ performance in 2027. Completion of the transaction is planned for H2 2024 and is subject to certain closing conditions.

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