BC.Game appoints Kar Kheng Giam as new CEO to fuel global expansion

(AsiaGameHub) - BC.Game has publicly announced the appointment of Kar Kheng Giam, widely known as KK, as its Chief Executive Officer, signaling the company's clear intention to strengthen its leadership position in the global crypto gaming sector. The incoming CEO brings three decades of diverse senior-level experience across international markets, primarily within gaming, technology, and consumer industries. KK has held executive positions across Asia-Pacific, the United States, and Europe, giving him direct expertise in global market dynamics. Prior to BC.Game, he served as Vice President of International at Coyote Bioscience, focusing on worldwide growth initiatives. Additionally, he co-founded mobile gaming companies Topgame and Tinymobi, which launched numerous social and casino-style games that quickly established dedicated player communities. Earlier in his career, KK transitioned from the music industry to corporate leadership, serving as CEO of various organizations and holding regional leadership responsibilities at Nabisco Asia. In his new position, he will oversee BC.Game's long-term strategic direction, drive operational improvements, and collaborate with the team to expand global platform accessibility, elevate compliance standards, and advance innovation in crypto gaming. KK said: BC.Game has cultivated a robust global community through the integration of cutting-edge technology and compelling entertainment experiences. I am enthusiastic about assuming this role during a period of substantial growth potential for the company. As demand rises for transparent, user-centric platforms and cryptocurrency adoption increases in online gaming, we are strategically positioned for global expansion. My priorities will include reinforcing our footprint in regulated markets, improving the platform experience, and maintaining user trust. This leadership transition is part of BC.Game's broader strategy to deepen its involvement in regulated markets. The company currently maintains licenses in multiple jurisdictions including Anjouan, Nigeria, Kenya, Mexico, and Tanzania, leveraging these regulated frameworks to establish a sustainable worldwide presence. 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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Macau Legend projects $200 million loss following 2025 casino shutdown iGame

Macau Legend projects $200 million loss following 2025 casino shutdown

(AsiaGameHub) - Hong Kong-listed Macau Legend Development Ltd is preparing for an approximate HKD 1.57 billion (about $200 million) loss in 2025, a substantial rise from the HKD 623 million loss reported in 2024. Macau’s complete phase-out of its electronic and gaming operations has been a major factor in the company’s decline, following the closure of Legend Palace at Macau Fisherman’s Wharf on November 12, 2025—when its service agreement with SJM Holdings expired due to Macau’s broader phased elimination of satellite casinos. The company’s projected losses are primarily driven by an HKD 1.18 billion impairment charge recorded in 2025, which is markedly higher than the HKD 376 million in charges related to the casino and other assets in 2020. Beyond asset impairments, Macau Legend has also accounted for HKD 71 million in employee-related costs—including long-service payments tied to the closure and other employment-related payments associated with the casino shutdown—which have also had a significant impact on the company’s financial results. The Macau government’s move to eliminate satellite casinos by December 31, 2025, has greatly affected operators like Macau Legend in their efforts to restructure their business models. The closure of Legend Palace illustrates how regulatory changes directly impact asset values and the long-term business strategies of operators. Looking ahead, the company will rely on its non-gaming portfolio to stabilize its financial performance. Without casino operations, it will continue to face challenges in developing alternative revenue streams before 2026. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Esports Nations Cup Names Partners in Over 100 Countries

(AsiaGameHub) - The Esports Foundation has appointed National Team Partners across over 100 countries and territories for the 2026 Esports Nations Cup. The tournament will make its debut in Riyadh between November 2 and November 29, 2026, with a format centered on national teams instead of club competitions. Good to Know Over 630 applications were submitted from 150 countries and territories. This event will take place every two years and run concurrently with the annual Esports World Cup. Nations without a designated partner will receive support through regional frameworks. Esports Nations Cup Establishes a National Team Framework A core pillar of this initiative is local autonomy. Rather than imposing a single standardized structure across all markets, the Esports Foundation noted that partners will oversee team formation, mobilize local communities, and establish the necessary systems for participation and sustained growth. This sets the project apart from traditional club-focused esports circuits. National teams will originate from local governing bodies, clubs, or combined alliances, tailored to the existing operational landscape of each market. In some regions, this will involve established groups such as the Korea Esports Association and the Saudi Esports Federation. In other areas, it will mean club-led coalitions in Brazil and the United States, or hybrid public-private models in Germany, Canada, and the United Arab Emirates. “The Esports Nations Cup brings something esports has never seen before: a global national team system at an unmatched scale,” said Ralf Reichert, CEO of the Esports Foundation. “The feedback we received from across the globe shows that communities are ready for this next phase. Together with our partners, we are building the frameworks that will allow players to represent their nations and compete on esports’ biggest stage. With over 100 nations now part of this system, the Esports Nations Cup has moved from concept to reality — cementing national esports as a lasting part of the global competitive gaming landscape.” The Esports Foundation explained that the partner roster mixes long-established esports groups with emerging forces driving competitive gaming forward. In markets including Malaysia, Turkey, and Thailand, partners include federations closely tied to grassroots gaming communities. In Indonesia and Mongolia, development support will help shape national team representation for the global stage. For fans, the most notable change may revolve around national identity. National teams add a layer that club-based esports does not always offer. South Korea can lean on its long-standing record in League of Legends, Brazil brings a robust Counter-Strike culture, Japan has deep roots in fighting game esports, and parts of Southeast Asia remain leading hubs for mobile gaming competition. India was also highlighted for its chess esports scene. Riyadh will host the inaugural edition in November 2026, after which the tournament will shift to a rotating host city model. This biennial setup is intended to complement the annual Esports World Cup and provide players and industry stakeholders with a more consistent pathway for national team investment. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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DigiPlus Participates in Discussions on Philippines Gaming Overhaul

(AsiaGameHub) - DigiPlus Interactive Corp has expressed its support for a comprehensive regulatory revamp of the Philippine online gaming industry as government legislators and Pagcor increase their supervision of the sector. Good to Know DigiPlus stated it is participating in a technical working group that is crafting new laws. The firm anticipates more stringent regulations, rather than a complete prohibition of online gaming. DigiPlus also mentioned that prediction markets are in preliminary discussions with Pagcor. DigiPlus Backs Tighter Rules as Philippines Gaming Debate Builds Although some market speculation has centered on the possibility of the Philippines shutting down certain online gaming activities, DigiPlus anticipates an alternative result. President Andy Tsui confirmed that enhanced regulation is a primary focus, but he also stated the company is confident that an outright ban is not probable. “We are involved in the working group and are actively contributing to those conversations,” Mr. Tsui remarked. “We are very confident that a total ban will not occur, and instead, the sector will face stricter regulations,” he continued. “This will be beneficial for building a sustainable, long-term industry.”DigiPlus endorsed a "new, all-encompassing regulatory framework" designed to elevate standards throughout the industry. The company reported that the technical group's efforts are concentrated on bolstering consumer safeguards, imposing stricter controls on payment channels, and increasing restrictions on marketing. Chairman Eusebio Tanco described the initiative as a method to maintain licensed operators in the market while simultaneously elevating compliance benchmarks. “As a licensed and prominent online gaming operator, we consistently welcome cooperation and active engagement in dialogues with the Philippine government to reach our mutual objective of improving industry standards.” He further stated: “By strengthening a market that permits only those operators who follow the highest compliance standards, we guarantee that the advantages of our industry—from employment generation to crucial tax income—are maintained for the benefit of the Filipino people.”DigiPlus currently operates multiple gaming brands in the Philippines, such as BingoPlus, ArenaPlus, and GameZone. Concurrently, the company highlighted its implementation of player protection measures, including a surety bond program and expanded over-the-counter payment choices via Bayad and Pay&Go. Prediction markets represent another topic being explored. Mr. Tsui mentioned that DigiPlus has initiated preliminary talks with Pagcor concerning this segment, although the work is in its nascent stages. “We are still in the testing phase… but this type of offering has not yet been launched in the Philippines,” the DigiPlus president observed. He added: “We aspire for it to become an additional service we can introduce in the future.” Legal uncertainties persist regarding this product category. A legal analysis by attorney Marie Antonette Quiogue indicated that Philippine law classifies wagering on outcomes that involve any element of chance as gambling, which implies that any local launch would require official legal approval and a license from Pagcor. 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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Tether Engages Big Four Accounting Firm for USDT Audit

(AsiaGameHub) - Tether announced it has engaged a Big Four accounting firm to conduct an independent financial audit related to USDT. The assessment is scheduled to encompass reserve support, financial management, reporting, and broader operations associated with the stablecoin business. Good to Know Tether stated that USDT holds a market value exceeding $184 billion. The firm noted that over 550 million users globally depend on the stablecoin. The audit will evaluate digital assets, conventional reserves, and tokenized liabilities. Instead of restricting the review to cash support alone, Tether indicated the audit will assess a wide range of reserves and systems connected to USDT. This includes digital assets, traditional reserve holdings, tokenized liabilities, internal processes, financial reporting, and general operations. The company characterized the process as among the largest inaugural audits in financial markets. Given USDT's size, the scope is significant. Tether reported that the stablecoin currently has a market capitalization surpassing $184 billion and serves over 550 million users globally. For years, the quality of reserves and transparency have been key concerns regarding stablecoins. Against this background, Tether is positioning the audit as a direct evaluation of how its systems perform under external scrutiny by one of the world's largest accounting networks.Paolo Ardoino said: “Tether’s mission has always been to establish trust through actions, not just words. Trust is fostered when institutions are ready to fully subject themselves to examination. This audit reflects years of effort to enhance our systems, enabling Tether to meet the highest standards used in global finance. For the hundreds of millions of individuals and businesses that depend on USDT daily, this audit is more than a compliance task; it is about accountability, robustness, and confidence in the infrastructure they rely on.” 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 Jersey Governor Calls for Legislative Vote on Atlantic City Casino Smoking

(AsiaGameHub) - New Jersey Gov. Mikie Sherrill wants Atlantic City casino smoking regulations resolved by the Legislature, rather than being left to the courts. Her remarks draw fresh focus to two bills that would either eliminate indoor smoking or allow it to continue with stricter restrictions. Good to Know One bill would prohibit smoking throughout Atlantic City casino floors. Another would permit smoking solely in enclosed, individually ventilated spaces. Casino workers continue to be divided over jobs, health, and the long-term impact on revenue. Casino Smoking Fight Returns to New Jersey Legislature Legal proceedings are ongoing, but Sherrill stated that lawmakers still must take action. In an interview with The Press of Atlantic City, she noted the issue belongs in the legislative process and that hearings are necessary to balance worker health against economic risk. Per current regulations, casinos may permit smoking on up to 25% of the gaming floor. However, smoke doesn’t remain confined and can waft into nonsmoking areas. Two bills are back under consideration. S212 would fully ban smoking in Atlantic City casinos. S698, sponsored by Sens. John Burzichelli and Michael Testa, would retain smoking but restrict it to enclosed, separately ventilated areas engineered to prevent air from flowing into nonsmoking spaces. This bill would also prohibit managers from mandating employees to work in smoking sections and establish a 15-foot buffer zone from live-dealer table games.Sherrill stated: “There’s ongoing litigation, but they truly need legislation,” She also mentioned she intends to discuss the timing of long-delayed proposals with legislative leaders. Pressure has been mounting for years. Casino workers have spent approximately five years demonstrating and lobbying for change, and ban supporters claim they have support from around two-thirds of the Legislature. Nevertheless, bills have repeatedly gotten stuck. One measure passed a Senate committee over two years ago but expired when the legislative session concluded. The debate among workers has split into two camps. CEASE has advocated for a complete ban, asserting that secondhand smoke poses long-term health risks to casino employees. Unite Here Local 54 has taken the opposing stance, cautioning that a ban could reduce revenue, lead to job losses, and even put some casino operations at risk. Atlantic City casino operators have echoed these concerns. Pete Naccarelli, a dealer at Borgata Hotel Casino & Spa and a CEASE representative, expressed approval of the governor’s remarks. He stated:“We’ve lost far too many colleagues because of the Legislature’s inaction over the past 20 years. “No worker wants to inhale toxins for eight hours a day. With majority backing in both chambers, we implore the Legislature to heed the governor’s call for action and at last close the two-decade-old casino smoking loophole before more of us perish.” Sherrill also highlighted external pressures on Atlantic City. She noted that three planned casinos in New York City are anticipated to impact customer traffic and revenue, so any decision must take into account jobs and the local economy alongside worker safety. Ban supporters dispute the claim that smoke-free casinos inevitably lose business. They cite studies they say demonstrate smoking bans no longer ensure revenue drops. Meanwhile, workers advocating for a ban have also turned to state court, creating a parallel process as legislation remains unresolved. Public health trends add another dimension to the debate. Data from the Centers for Disease Control and Prevention’s National Health Interview Study, cited by advocates, revealed that 9.9% of U.S. adults reported smoking cigarettes in 2024, a decrease from 20.1% roughly 20 years prior. FAQ What did Mikie Sherrill state about casino smoking? She said the issue should be addressed via legislation instead of being left to the courts.What would S212 accomplish? S212 would prohibit smoking in Atlantic City casinos. What would S698 do? S698 would permit smoking only in enclosed, separately ventilated spaces with additional worker safeguards. Why are workers split? Some workers want a complete ban for health purposes, while others are concerned about revenue losses, job cuts, and potential casino shutdowns. What is the existing smoking regulation for Atlantic City casinos? Smoking is permitted on up to 25% of casino floor space, though smoke can spread beyond those areas. What external factor did Sherrill reference? She highlighted three planned casinos in New York City as a competitive challenge to Atlantic City. 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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India Blocks Another 300 Illegal Betting Sites

(AsiaGameHub) - India has blocked around 300 additional illegal betting and gambling websites and apps as officials continue to tighten enforcement of online gaming regulations. Good to Know Authorities stated that the total number of blocked sites and apps has now reached approximately 8,400. Targeted platforms included sports betting sites, offshore casinos, betting exchanges, satta, matka, and real-money gaming apps. Current legislation prohibits online money games while still making room for esports and online social gaming. A new round of enforcement in India has taken down roughly 300 illegal betting and gambling platforms, expanding on a far larger national blocking campaign already in operation. Officials noted that many operators were reaching users through mobile apps and mirror sites while operating without authorization. Rather than focusing on a single market segment, authorities adopted a broad approach. The latest crackdown covered offshore casino sites offering games like slots and roulette, online sports betting platforms, peer-to-peer betting exchanges, and satta and matka networks. Real-money card and casino gaming apps were also part of the sweep. Authorities report that around 8,400 illegal gambling and betting sites and applications have been blocked so far. The latest action aligns with a broader enforcement push that accelerated after the Online Gaming Act was passed last year.Under this law, India imposed a sweeping ban on online money games. Games of chance are restricted, but so are games of skill and hybrid formats when money is involved. In practice, regulators are not distinguishing significantly between different formats if cash wagering is part of the activity. The regulations extend beyond the games themselves. Advertising, promotion, and facilitation are prohibited, and financial channels linked to the platforms face restrictions as well. Banks and payment systems are barred from processing related payments, giving regulators another avenue to pressure illegal operators out of the market. Meanwhile, the policy framework retains space for sectors the government aims to support. Esports and online social gaming remain part of this focus, with officials emphasizing innovation and growth in these categories over money-based gambling products. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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The NBA Commences the Formal Bidding Stage for Las Vegas and Seattle

(AsiaGameHub) - The NBA has initiated the official process for potential teams in Las Vegas and Seattle, following owners' approval of a market review on Wednesday. Key Details All 30 owners cast affirmative votes, despite only 23 being required. Individual franchises are estimated to fetch between $7 billion and $10 billion. This vote marks the commencement of the process; however, no team has been granted at this stage. NBA Starts Formal Expansion Review Discussions spanning several years have now transitioned into an official procedure. The league announced that PJT Partners will provide counsel on market viability, potential ownership consortia, proposed arena facilities, and the broader economic impact of expansion. “Today’s vote reflects our Board’s interest in exploring potential expansion to Las Vegas and Seattle – two markets with a long history of support for NBA basketball,” stated NBA Commissioner Adam Silver. “We look forward to taking this next step and engaging with interested parties.” Financial considerations are central to this initiative. Initial projections estimate each new franchise's value at $7 billion to $10 billion, with both cities anticipated to be among the league's highest-revenue markets. This prospect seems to have alleviated worries regarding the distribution of shared revenue among 32 teams rather than 30.Las Vegas previously encountered opposition due to Nevada being the sole state permitting legal sports betting. This situation evolved following the repeal of PASPA in 2018, with legal wagering now permissible in over three dozen states. Significant interest is anticipated for Las Vegas. Nevada Governor Joe Lombardo has reportedly engaged in discussions with Silver and also conferred with Magic Johnson regarding potential ownership, as per the Las Vegas Review-Journal. “I’m very excited to see the NBA advance this process toward a Las Vegas expansion team,” Lombardo remarked in a statement. “Today’s vote by the NBA Board of Governors is a testament to the incredible growth we’re seeing in Southern Nevada and our state’s business-friendly environment.” Additional potential bidders encompass Bill Foley and prominent ownership entities like Fenway Sports Group, Kroenke Sports & Entertainment, and Harris Blitzer Sports & Entertainment. Recent franchise transactions further elucidate the valuation prospects, with the Los Angeles Lakers achieving a $10 billion valuation and the Boston Celtics selling for $6.1 billion in 2025. 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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Isle of Man Considers Fines for Gambling Executives in AML Cases

(AsiaGameHub) - The Isle of Man Gambling Supervision Commission has launched a consultation on proposed legislation that would enable regulators to impose fines on senior gambling industry personnel for anti-money laundering shortcomings. The measure increases scrutiny on individuals rather than solely on licensed operators. Good to Know The consultation period ends on May 25. Potential sanctions may apply to directors, compliance officers, and other senior staff members. A recent enforcement action against Shelgeyr Limited has brought compliance deficiencies back into the spotlight. Isle of Man Considers Individual AML Penalties Proposed legislation in the Isle of Man would significantly expand gambling enforcement reach. Rather than restricting penalties to operators, regulators are seeking authority to levy civil penalties on individuals who contribute to compliance failures through "consent, connivance, or negligence." The draft Gambling Legislation (Amendment) Bill 2025 would expose directors, compliance officers, and other senior employees to potential financial sanctions. Essentially, the Gambling Supervision Commission aims to establish dual accountability—one layer for the corporate entity and another for individuals overseeing compliance frameworks. This move coincides with the jurisdiction's ongoing assessment of its financial crime risk exposure as "medium high," a classification maintained since 2020. Officials have also identified gambling as among the sectors most vulnerable to money laundering and terrorist financing threats.The timing reflects recent regulatory action. In the previous month, the Commission imposed a £200,000 penalty on Shelgeyr Limited following an examination that revealed deficiencies in customer due diligence, enhanced due diligence, and continuous monitoring. Regulators noted that certain accounts remained active or were reopened without adequate documentation. The examination also uncovered inadequate verification of fund sources, shortcomings in screening for politically exposed individuals, and documentation issues that compromised audit trails. Additionally, regulators highlighted substandard risk evaluations related to geographic risk and virtual currency exposure. Governance deficiencies also featured in the case. The Money Laundering Reporting Officer and Compliance Officer were deemed to possess insufficient expertise and authority, while training materials had not been refreshed for over a year. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Wealthsimple Targets Prediction Markets in Canada

(AsiaGameHub) - Wealthsimple is poised to enter Canada's prediction market sector, having secured regulatory clearance to provide specific event-based contracts. While the proposed platform will enable users to trade on real-world results, significant restrictions remain in place. Good to Know Wealthsimple obtained CIRO approval for contracts linked to economic indicators, financial markets, and climate patterns. Under the terms of the approval, contracts related to sports and elections are excluded. The company must still secure authorization from every province and territory prior to any localized launch. Wealthsimple Secures Entry into Canadian Prediction Markets Sports and elections will not be included. Nevertheless, Wealthsimple has advanced significantly towards introducing a prediction market trading platform in Canada, having already obtained regulatory approval for a more restricted range of event contracts. Rather than venturing into the most popular categories, the Ontario-based investment firm gained authorization from the Canadian Investment Regulatory Organization to offer contracts linked to economic factors, financial markets, and climate developments. This approval provides Wealthsimple access to a segment of the Canadian market that is still rigorously regulated.The timing is notable given that Canada has not historically been receptive to short-term event contracts. A 2017 ruling largely deemed short-term binary contracts unlawful within the nation. Despite this context, an exemption applies to firms regulated by CIRO, a category Wealthsimple now falls into. Matthew Burgoyne, a partner and chair of the digital assets and blockchain practice at Osler, Hoskin & Harcourt LLP in Calgary, commented: “(The limitations establish) a secure environment for Canadian residents to engage in trading these kinds of contracts,” Consequently, while numerous firms are still excluded, CIRO-regulated entities can still participate due to exceptions acknowledged by the Canadian Securities Administrators. Wealthsimple is now the second company to achieve this, after Interactive Brokers Canada, which secured CIRO approval last April. However, national industry-level approval does not imply immediate trading access for Canadians. Wealthsimple must still obtain distinct approval in every province and territory before local consumers can engage with these markets. The Ontario Securities Commission informed The Globe and Mail that it would not disclose specifics on individual situations.An additional perspective is also relevant. Interactive Brokers Canada primarily caters to seasoned traders and institutional clients. Wealthsimple, conversely, is anticipated to target a wider retail demographic, potentially expanding the consumer base for prediction markets in Canada should provincial approvals materialize. Currently, no live Wealthsimple prediction markets are available for Canadian users. Nevertheless, the approval provides the sector with an additional entry point and contributes to the momentum of a market framework that remains restricted, regulated, and confined to particular contract categories. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Estonian Official Fired Over Casino Tax Mistake to Sue iGame

Estonian Official Fired Over Casino Tax Mistake to Sue

(AsiaGameHub) - Piia Schults, a seasoned advisor at the Riigikogu Chancellery, intends to contest her termination due to a drafting mistake related to Estonia’s Gambling Tax Regulation. The drafting error took place when Parliament approved the regulation in December 2016, accidentally removing taxes on the online casino industry for the 2026 property tax year—an oversight expected to cause an estimated €4 million shortfall in state revenue. Piia Schults told ERR: I will definitely challenge this decision. Regrettably, this ultimately comes down to a matter of values. The mistake was truly terrible, and I’m deeply shaken by it, but it’s the first such incident in my entire career. In fact, this isn’t just a career for me—it’s a mission. With over 30 years of service in Parliament, Schults argues that her dismissal was unjustified and is working with her legal team to pursue legal action. The lawsuit will help clarify legal responsibility in similar situations. Riigikogu Chancellery Director Antero Habicht commented: Taking all circumstances into account, this step was unavoidable and necessary; a trust-based working relationship could no longer be maintained. Based on current information that the official will turn to the courts to defend her rights, we do not believe it’s appropriate to comment further publicly. As a rule, issues are discussed confidentially and handled verbally. We will not comment on any prior mistakes in this case. Schults acknowledges the seriousness of the mistake but notes it’s the first occurrence of its kind in her career. Describing the situation, she says it has been extremely difficult to endure; however, she has decided it’s her duty to take the matter to court to defend herself and to provide clarity on how similar cases can be adjudicated. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Soft2Bet Secures Finalist Spots in Three Categories at SBC Awards Europe

(AsiaGameHub) - Soft2Bet has been nominated as a finalist in three distinct categories at this year’s SBC Awards Europe. These nominations acknowledge various facets of the company, including its robust platform, innovative products, and gamification strategies, all of which have significantly contributed to its success in key European markets. This recognition follows a year of remarkable achievements and consistent growth for the company. Soft2Bet has been nominated in the Acquisition & Retention Partner category for its in-house Motivational Engineering Gaming Application (MEGA). Additionally, the company is a contender for Platform Provider of the Year. Furthermore, MEGA Clawee, a digitally enhanced claw machine game offering an online gaming experience and part of the MEGA family, has been shortlisted for Industry Innovation of the Year. Soft2Bet's performance data from Europe serves as evidence of its effective approach. Over the past year, the company has seen substantial growth in EBITDA, sportsbook revenues, and an overall expansion of its brand portfolio. These results underscore the strength of Soft2Bet’s performance-driven B2B model. The company utilizes gamification powered by MEGA, product innovation, compliance, and localization as its primary growth engines, enabling continued development even amidst intense competition and market saturation. The nomination for Platform Provider of the Year highlights the exceptional features of Soft2Bet’s platform. This platform is a seamlessly integrated suite of components, encompassing player account management, payment processing, CRM and segmentation, bonuses and loyalty programs, risk control, and gamification, all managed centrally. Designed with a mobile-first philosophy and a unified backend, the platform empowers operators to launch their businesses swiftly, adapt their offerings to local market preferences, and manage casinos and sportsbooks with enhanced control. Regarding gamification, MEGA Clawee provides an engaging online remote-controlled claw machine experience, skillfully blending elements of skill with immediate rewards, thereby fostering strong player retention. Harrison Barrett, VP of Business Development at Soft2Bet, stated, Being shortlisted in three categories at SBC Awards Europe is a significant validation of our efforts. Our focus is on providing operators with a high-performing platform, effective local execution, and product experiences that encourage player loyalty. MEGA plays a crucial role in this, helping to convert engagement into increased retention and long-term value. Soft2Bet’s shortlisting reflects its strong commercial performance, continuous product innovation, and industry recognition. It also emphasizes Soft2Bet’s commitment to its partners by equipping them with the platform technology and engagement tools necessary for sustained growth, enabling them to launch, localize, and scale their operator businesses effectively. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Sportradar Bolsters iGaming Approach by Introducing Playradar

(AsiaGameHub) - Sportradar is increasing its investment in the iGaming sector with the introduction of its new brand Playradar, which will merge sportsbook and casino content into a unified product for global operators. The new division seeks to provide a fully integrated gaming ecosystem by combining multiple verticals within a single session. Edo Haitin, former Playtech CEO and current EVP of iGaming, is leading the initiative. Playradar will concentrate exclusively on regulated markets, with its initial rollout including the UK, North America, and Latin America. Over the coming months, the brand plans to launch diverse content including classic table games, arcade-style games, slots, and virtual reality experiences. Additionally, all products will incorporate responsible gaming features and integrity measures. Carsten Koerl, Founder and CEO of Sportradar, commented: iGaming constitutes a natural and scalable expansion of our operations, representing a strategic acceleration of our long-term growth strategy. Playradar's content is engineered to optimize cross-selling between sports and casino verticals, enabling operators to enhance player value and extend session durations during a period when engagement and retention are critical for operational sustainability. With Edo at the helm, we have a seasoned and proven industry veteran to propel the business forward, supported by a committed and enthusiastic team. Haitin brings over two decades of gaming industry experience to his role as an iGaming specialist, positioning him to make substantial contributions to product development. The strategy involves merging live and archived sports data, audiovisual streaming, and casino content into a seamless, round-the-clock entertainment offering supported by a dedicated 24/7 operations center. Sportradar views Playradar as a logical progression that leverages the organization's existing expertise. The company plans to utilize its internal game development capabilities, sports data infrastructure, streaming technology, and worldwide distribution network to build visibility and draw in prospective clients. Furthermore, the company's marketing and player engagement solutions are expected to assist partners in boosting acquisition, retention, and overall player lifetime value. Recently, Sportradar has initiated its iGaming sector entry by establishing a presence in markets such as Brazil, using this as a launchpad for the major Playradar introduction. Haitin added: By leveraging our unparalleled expertise in sports data and live streaming, combined with a demonstrated history of product innovation, we intend to develop hybrid content and gaming experiences that tap into the growing trend of sports-casino convergence. Our unique position allows us to seamlessly integrate live and historical sporting events, cutting-edge gaming mechanics, and casino content, with the added benefit of distributing games to an existing network of licensed operators. I am tremendously enthusiastic about further bolstering our iGaming division through Playradar and establishing it as a premier iGaming content provider, capitalizing on Sportradar's current resources and our exceptionally talented and veteran team. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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IGT plans to reduce its global workforce by 10% through 700 layoffs iGame

IGT plans to reduce its global workforce by 10% through 700 layoffs

(AsiaGameHub) - Hector Fernandez, IGT’s Chief Executive Officer, said that about 700 employees will be let go, which is equivalent to roughly 10% of the firm’s overall global workforce. In his March 23 letter announcing the job cuts, Fernandez noted that the layoffs are not a result of subpar performance; rather, they “are necessary to align resources with business priorities and simplify operational procedures to better position us for future growth.” IGT CEO Hector Fernandez stated in the letter: When we gathered in December for our first company-wide town hall after I took on the role of incoming CEO, I mentioned we would act swiftly to assess our business and make choices to bolster it. Over the last few months, we’ve honored that promise. We looked into our areas of focus, our operational methods, and how our structure backs our strategy. As part of this assessment, we also had to make tough calls about how our organisation is structured, and this process has led to a hard but essential step. IGT has pledged to support employees facing job loss through several measures: offering severance pay, outplacement services, and help with transitioning to new roles. Those affected by the layoffs will get assistance from the company. It remains unclear which regions will have employees impacted, which of IGT’s business segments will be affected, and how much cost savings the company will realize from the job cuts. 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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Caesars initiates Alberta pre‑registration ahead of the regulated iGaming market

(AsiaGameHub) - Caesars is making its official debut in Alberta as the province moves toward establishing a regulated framework for online gaming. The Las Vegas-based company announced on Monday that Albertans interested in online gambling can now begin the pre-registration process. Furthermore, the operator has demonstrated its intent by submitting an application for an official license. This move positions the company as one of the early contenders ready to navigate a highly competitive landscape. Local residents aged 21 and older who enjoy betting or gaming can register ahead of the market's formal opening. Caesars intends to launch its complete digital suite in the province, featuring its primary Caesars Palace Online Casino brand along with Caesars Sportsbook & Casino and Horseshoe Online Casino. By utilizing multiple brands, the company aims to capture various market segments, a strategy it has already successfully implemented in Ontario and several U.S. jurisdictions. This approach allows the firm to address the specific preferences of different players simultaneously. While Caesars Palace and Horseshoe will serve as the primary casino platforms—offering a range of slots, table games, and live dealer options—Caesars Sportsbook will focus on sports betting while remaining integrated with casino offerings. The Alberta market is expected to be highly contested. Caesars is among more than 15 operators currently seeking licensure or preparing for entry as the province adopts a regulatory model similar to Ontario's. This transition represents a significant shift for the local industry. Regulators in Alberta have noted that a substantial portion of current online wagering occurs on offshore sites. Consequently, the shift to a regulated market is expected to favor licensed entities. Caesars' expansion comes at a time of record digital growth for the company, which recently reported an annual online turnover of nearly C$2 billion, driven largely by its North American iCasino operations. With the pre-registration phase now open and a full launch expected later this year, Caesars is working to secure a strong foothold in what is projected to become the second-largest regulated iGaming market in Canada. 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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Taiwan Indicts 10 People in Over $1 Billion Macau Casino Money Laundering Case iGame

Taiwan Indicts 10 People in Over $1 Billion Macau Casino Money Laundering Case

(AsiaGameHub) - Approximately ten individuals have been indicted in Taiwan for their involvement in a money-laundering operation linked to a Macau casino, involving nearly $1 billion. Filed by the Yunlin District Prosecutor’s Office under the Money Laundering Control Act, this case marks the first instance of a cross-border money-laundering operation utilizing casino chips. The operation involved transferring illicit gambling funds to individuals who then overpaid their credit card balances to artificially boost their spending limits. These cards were subsequently used in Macau to buy casino chips, which were converted into cash or foreign currency, frequently without any actual gambling taking place. Following an initial report by the Criminal Investigation Bureau in February, a March raid led to the arrest of roughly 20 suspects. Out of the total suspected laundered funds, officials have tracked approximately TWD 278 million (US $8.4 million) to specific persons and frozen TWD 230 million (US $7 million) in cash and bank accounts. Additionally, investigators identified around 85 credit cards linked to the scheme. This incident underscores the persistent risk associated with using casino chips and third-party intermediaries to obscure the origins of funds, which significantly complicates law enforcement efforts. 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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Polymarket Washington Event Halted by Technical Failures

(AsiaGameHub) - The promotional event for the prediction platform Polymarket in Washington, D.C. experienced significant disruption on Friday because of a technical malfunction that hindered the venue from operating as intended. The temporary venue, advertised as a state-of-the-art space featuring more than 80 screens, live tracking capabilities, and real-time prediction data visualization, was unable to deliver any of these amenities as the systems failed because of electrical and connectivity problems. Throughout the entire duration, the display screens remained off, preventing attendees from viewing social media streams, market information, or any live updates that normally constitute the experience. Nevertheless, the event drew a respectable turnout. The audience comprised journalists, investors, corporate executives, contractors, and general members of the public. Some participants were entirely new to the Polymarket platform and had hoped to familiarize themselves with it, but the technical breakdown deprived them of that opportunity. One attendee said: I came here because I'm fascinated by the concept. However, I believe the company is exploitative. This whole venture is destined to fail. Other participants discussed how having access to particular information can influence wagering tactics. Another attendee said: Occasionally, I make predictions about who will attend the Oscars. I have a contact who knows the attendees. The Washington event represented just one component of broader initiatives by Polymarket and rival Kalshi to translate their digital prediction platforms into physical experiences. Earlier this year, both firms collaboratively launched temporary public venues in New York City, where they engaged in various activities including distributing food through market-style kiosks. As prediction markets expand, they face increasing regulatory challenges. This week, Senator Chris Murphy and Representative Greg Casar proposed legislation that would, among other provisions, prohibit contracting on sensitive subjects such as warfare, terrorism, assassinations, and certain governmental decisions. This legislative move followed the appearance of extremely high-stakes trades connected to geopolitical developments, including forecasts of a U.S. military action before February 28. One individual reportedly profited over $500,000 from an accurate prediction, while another gained $123,317 from a separate outcome. Murphy said: It's undeniable that any prediction market where an individual has prior knowledge or control over the outcome is vulnerable to corruption. What's even more concerning is that prediction markets can become channels through which governmental decisions are swayed by those profiting from them, which should be intolerable to the American people. Other users didn't consider these concerns particularly grave. Some illustrated how casually they engage with the platform. For instance, Georgetown student EJ Jazzar mentioned that he frequently places small bets, and once even wagered on the weather, winning $50. Jazzar said: Last week, I placed a bet on the weather simply because I knew it would be cold. I suppose it's all about understanding your strengths and leveraging your knowledge. Having fun isn't against the law these days. The Washington event was built around the idea of "monitoring the situation," a term commonly used online to describe live event tracking. Even though the systems were nonfunctional, attendees continued arriving until the venue was forced to shut down early at 9 p.m. As attendees began to leave, one summed up the experience, saying: I just wanted to keep tabs on what was happening, man. 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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NagaCorp reports $310 million profit in 2025 iGame

NagaCorp reports $310 million profit in 2025

(AsiaGameHub) - During the fiscal year ending 2025, NagaCorp Ltd achieved outstanding financial outcomes. The company‘s net profit soared to US$309.9 million when compared to a net profit of US$109.6 million in the fiscal year ending December 31, 2024. A major factor behind this profit growth was the absence of a non–cash impairment charge of US$89.1 million related to the firm‘s suspended Vladivostok project. Group revenue rose 26.2% year-over-year to US$709.7 million, while EBITDA jumped to US$404.4 million from US$202.8 million. Profitability metrics showed EBITDA margins reaching 57.0% and net profit margins climbing to 43.7%. NagaCorp will distribute an interim dividend of US$0.0109 per share, totaling US$48.3 million, which falls within the company’s 30% dividend policy for the second half of the year. This action reflects NagaCorp’s confidence in delivering returns to shareholders as it continues investing in growth and expansion projects, such as the proposed Naga 3 development, despite prior adjustments to its planned funding strategy. NagaWorld’s gross revenue increased by 27.4% to US$691.6 million in 2025. Mass-market table game revenues grew 27.2% to US$342.4 million, and electronic gaming machine revenues rose 13.5% to US$142.6 million. The growth in gross gaming revenue was attributed to a larger number of players and improved player win rates. The introduction of side bet features boosted NagaWorld’s gross gaming revenue, contributing approximately US$39 million in additional gross gaming revenue during 2025. Moreover, premium segments demonstrated strong momentum. High-limit mass gaming expanded its share of total mass table gaming revenue. NagaCorp’s VIP operations saw robust growth, with house-managed VIP revenues increasing from US$103.1 million in 2024 to US$136.2 million in 2025, marking a 32.1% rise. This growth in house-managed VIP revenues was primarily driven by higher rolling volumes among VIP players. Total referral VIP revenues surged 57.2% to US$70.4 million. 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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WEMADE Schedules Legend of YMIR Launch on Steam for April 7

(AsiaGameHub) - WEMADE is set to roll out the global edition of Legend of YMIR on Steam at 10:00 AM KST on April 7, 2026. This launch expands the company’s PC distribution reach as it aims to grow the MMORPG’s global player base. Good to Know Legend of YMIR is scheduled to debut on Steam on April 7, 2026. A new class named Rune Fighter will be available alongside the launch. WEMADE is leveraging Steam to increase global accessibility and build a more sustainable long-term player base. WEMADE Aligns Steam Launch with Broader YMIR Expansion Strategy Instead of viewing Steam as merely another storefront, WEMADE is integrating it as a core component of Legend of YMIR’s global strategy. The company stated that the platform will help it reach more PC gamers, enhance accessibility, and foster a more resilient user base over time. The Steam edition will also include a major content update. WEMADE is introducing the Rune Fighter, a new combat class centered on rune abilities and a more adaptable fighting style. This addition is designed to offer new players an alternative entry point while providing existing users with fresh content. Put simply, WEMADE is combining distribution expansion with gameplay updates simultaneously. This makes the launch more impactful than a standard platform release and helps position Legend of YMIR as a more prominent global PC franchise.Michael Kim, Head of Game Business Division at WEMADE, commented: “Our goal is to provide a premium PC gaming experience that lives up to the standards of the Steam community. Launching on a new platform alongside the ‘Rune Fighter’ expansion marks the beginning of a new era for our players.” For WEMADE, the Steam launch is also significant because PC gaming platforms with large built-in audiences can help MMORPG publishers keep acquisition costs low while boosting long-term visibility. With Legend of YMIR, the company is clearly targeting broader reach, stronger player retention, and a more established presence in the global PC gaming 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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STS Becomes a Member of IBIA Betting Integrity Network

(AsiaGameHub) - STS has become a member of the International Betting Integrity Association, bringing one of Central Europe’s largest regulated sportsbook brands into the broader integrity network. The agreement connects STS to IBIA’s Global Monitoring and Alert Platform and expands coverage in Poland and neighboring markets. Good to Know STS is Poland’s leading sportsbook operator. IBIA’s monitoring network includes over 200 betting brands. The platform monitors more than $300 billion in annual betting turnover. IBIA has added another major European operator, as STS now contributes to its Global MAP system. This provides the integrity organization with greater visibility into regulated betting activity and gives STS an additional way to report suspicious betting patterns. Established in 1997, STS developed its business through both online and retail betting. It now ranks as Poland’s top sportsbook brand and one of Central Europe’s most prominent names. Due to this scale, the partnership enhances the IBIA network’s market coverage in a meaningful way. For STS, the agreement aligns with its broader emphasis on safer, more secure betting operations. The company stated that the partnership will assist in detecting and reporting unusual activity while fostering closer collaboration with other stakeholders in regulated betting.Radim Haluza, CEO of STS, said: “Collaborating with the International Betting Integrity Association reflects STS’s long-standing commitment to protecting the integrity of sport and ensuring a secure betting environment for our customers. We recognise the importance of proactive integrity monitoring and close cooperation with stakeholders across the regulated ecosystem. Through IBIA’s Global MAP, we are strengthening our ability to identify and report suspicious activity and contribute to the wider fight against betting-related corruption.” IBIA noted that STS brings both scale and market expertise to the platform. Global MAP already features over 200 betting brands and monitors more than $300 billion in annual sports betting turnover, so adding a major operator focused on Poland extends the system’s reach in Europe. Khalid Ali, CEO of IBIA, said:“We are delighted to welcome STS to IBIA. The operator brings significant scale and expertise to our Global MAP and reinforces IBIA’s position as the leading integrity body for the regulated betting industry. We look forward to working closely with STS to safeguard sport, protecting customers and support regulated betting markets.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Sportradar Unveils Playradar for Sports and Casino

(AsiaGameHub) - Sportradar Group AG has introduced Playradar, a fresh iGaming brand designed for operators seeking to integrate sports content and casino offerings into a unified platform. This launch marks a significant expansion of Sportradar's iGaming strategy, with a rollout planned through 2026 across the UK, North America, and Latin America. Key Highlights Playradar integrates sports data, audiovisual streams, virtual sports, and casino gaming. Edo Haitin has been appointed to head Sportradar’s iGaming division. Playradar will exclusively serve regulated markets. Sportradar Revamps iGaming Portfolio with Playradar Sportradar is moving to bridge the gap between sportsbook and casino offerings. By leveraging live and historical sports data, streaming capabilities, and casino mechanics, Playradar aims to provide operators with hybrid gaming products centered on sports engagement. A core feature is the 24/7 Experience Centre, which allows users to view live streams and engage with games simultaneously on one screen. Sportradar notes that this format is designed to foster both general engagement and real-money wagering, while enabling real-time interaction among players. Furthermore, Playradar will provide hybrid content that transforms live and historical sporting events into event-driven gameplay. The platform will also feature a live prediction tool powered by Sportradar’s real-time data, alongside a suite of virtual sports, slots, table games, arcade titles, and crash games.Sportradar has tapped Edo Haitin, the former CEO of Playtech Live, to lead its iGaming operations. Haitin brings over two decades of expertise in senior leadership, operations, and live casino management. Carsten Koerl, Founder and CEO of Sportradar, stated: “iGaming is a logical and scalable progression for our company and a strategic move to accelerate our long-term growth. Playradar’s content is crafted to optimize cross-selling between sports and casino environments, assisting operators in boosting player value and session duration during a period where retention and engagement are vital for operational success. In Edo, we have a seasoned industry leader to guide this business, backed by a dedicated and enthusiastic team.” With an existing infrastructure that includes a game studio, sports data tools, streaming technology, and a global distribution network, Sportradar is well-positioned to help its clients—many of whom already operate in both sportsbook and casino sectors—enhance player value and engagement through Playradar.Edo Haitin, EVP of iGaming, added: “By merging our extensive expertise in sports data and live streaming with our proven product development capabilities, we intend to build hybrid gaming experiences that tap into the growing demand for sports-themed casino content. We are uniquely equipped to integrate live and historical sports events with innovative mechanics and casino products, while benefiting from our ability to distribute these games to an existing network of licensed operators. I am thrilled to be expanding our iGaming footprint through Playradar and to establish it as a leader in the space, utilizing Sportradar’s robust resources and our highly skilled team.” 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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