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PAGCOR: 5,793 illegal online gaming sites blocked

Listen To Article At least 74.78%, or 5,793, of the 7,747 illegal online gaming sites in the Philippines have been detected and blocked, according to the Philippine Amusement and Gaming Corporation (PAGCOR).  The regulator’s SVP Security Monitoring Cluster Ret. Gen. Raul Villanueva made this claim to the Senate Committee during a public hearing on the […]

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Alliance Global: PHP75bn to sustain 2024 growth plans, election of Board of Directors

Listen To Article Philippines-listed Alliance Global (AGI) has announced its upcoming plans, as well as new directors, after its recent annual stockholders’ meeting. In regards to the company’s direction and goals, it will be allocating a capital expenditure (CAPEX) of PHP75bn (US$1.29bn) this year to “sustain its recent growth pace.” This was an increase of

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Evolution to acquire Galaxy Gaming in $85m deal

Listen To Article Evolution has entered into an agreement to acquire Galaxy Gaming for a total equity value of approximately $85m, payable in cash. Galaxy Gaming is known for its casino table games and gaming technology solutions and has established partnerships with casinos worldwide. The acquisition is part of Evolution’s strategy to supply its customers

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AGTech subsidiary wins bid for China sports lottery contracts

Listen To Article Hong Kong listed China-based AGTech has announced its winning bid for a contract supplying sports lottery terminals in China. AGTech says one of its wholly owned subsidiaries “has recently won the lottery terminals procurement tenders to supply lottery terminals to the Sports Lottery Administration Centres in Shaanxi province, Zhejiang province and Jiangsu

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Over four-year period, BGC members donate £172.5m to address problem gambling

Listen To Article The Betting and Gaming Council (BGC) has announced that its members have donated £172.5m ($222.73m) to combat problem gambling and gambling-related harm over a four-year period. This funding includes £122.5m contributed by major operators such as Flutter, Entain, bet365 and Evoke (888/William Hill) – surpassing their initial pledge of £100m between 2020

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Pronet Gaming partners with Betsolutions

Listen To Article Pronet Gaming has agreed a deal with software development company Betsolutions.  Supplier Pronet Gaming will look to utilise Betsolutions’ knowledge and experience surrounding software development and technology solutions.  This deal will also see the pair work together on “enhancing product development, integrating new features, and expanding market reach,” with the Betsolutions Zeppelin

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Stakelogic to be acquired by Sega Sammy for €130m

Listen To Article Dutch live casino supplier Stakelogic has announced an agreement to sell 100% of its equity shares to Japanese entertainment conglomerate Sega Sammy Holdings through its subsidiary Sega Sammy Creation. The acquisition is valued at €130m ($140.8m) up front, with additional earnout payments contingent on certain performance measures.  The deal will combine Stakelogic’s

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Donaco reports 57.1% increase in quarterly net revenue

Listen To Article Donaco International has released its financial results for the quarter ended 30 June 2024.  Net revenue was valued at AU$10.81m (US$7.09m) for the group during the June quarter, representing growth of 57.1% year-on-year. However, this p was down from the AU$12.66m recorded during the March quarter.  Looking at group EBITDA during the

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Revolut launches cash deposit feature for UK customers, with Paysafe

Listen To Article Revolut has announced the introduction of cash deposits for its UK user base. This new feature allows customers to directly deposit cash into their Revolut accounts at over 5,000 locations across the United Kingdom, with plans to expand to more than 12,000 locations in the coming months. The launch comes in response

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