Asia

BetGames Widens QTech Games’ Remit to Distribute its Live-Dealer Offering Across Rest of the World

Published

5 months ago

May 9, 2023

Reading Time: 3 minutes

After Asia success, leading distributor for emerging markets is entrusted with enlarged Rest of the World rights distribution deal for BetGames’ live-casino content

QTech Games, the number-one games distributor for Asia and all emerging markets, has expanded an ongoing partnership agreement with BetGames, the leading live-dealer betting games supplier, as it bids to broaden its global audience across new territories.

Already distributing BetGames’ content to good effect across Asia, this expansive deal now widens QTech Games’ remit to Rest of the World (RoW) distribution. BetGames already has its entire portfolio incorporated into the QTech Games platform, from its latest titles to timeless classics such as Wheel of Fortune and Bet on Baccarat, which have already proven their reach across a number of demographics and geographies.

A unique approach has established BetGames as one of the industry’s most exciting, innovative live-dealer and betting-games suppliers, thanks to its uniquely immersive betting experience, ease of use and high bet rates. Headquartered in Vilnius, Lithuania, with an additional Malta-based hub, its team consists of more than 250 dedicated professionals.

Accordingly, this announcement now sees QTech Games consolidate its place as a key partner in propelling the BetGames brand across QTech Games’ global markets, with the leading distributor holding a significant footprint across Asia and various emerging markets from Eastern Europe to Africa and Latin America.

The thriving live-dealer domain continues to go from strength to strength with its worldwide fanbase and BetGames’ innovative and authentic live-betting games provide yet another eloquent example, now riding on the back of the fastest-growing distributor across emerging markets. QTech Games’ platform boasts the widest gaming portfolio around, localized for each region, with native mobile apps, powerful reporting and marketing tools and 24/7 local-language support.

“QTech Games is a renowned and respected distributor with an impressive client base and we’ve been taken with the work they’ve already done for us in Asia,” the Europe, Asia and the Americas Vice-President for BetGames, John-Paul Rowland, said. “Which is why we’ve now widened the scope of the agreement to include RoW. We look forward to taking further advantage of their progressive platform to showcase our live-dealer content to a truly global audience.

“The enlarged deal with QTech Games can build on our ongoing success together, given that this aggregator and platform provider has routinely demonstrated its credentials as a great judge of online casino content to both established and emerging markets.

“At BetGames, we bridge the gap between sports betting and casinos. Whether it’s top titles like Wheel of Fortune or Bet on Poker, our unique in-house developed products are tailored to drive engagement and long-term retention. We are confident that this partnership will allow us to continue our drive into new markets and benefit from the opportunities they bring.”

“We’re delighted to have grown our partnership with BetGames outside Asia and it’s an honor to be entrusted with exploiting their RoW distribution rights across markets that we know like the back of our hand,” the Chief Commercial Officer for QTech Games, Daniel Long, said. “BetGames is a constant force and source of vibrant, varied and visually stunning games, which raise the bar for live-dealer content.

“This integration marks another welcome expansion for QTech Games’ premium platform, which is leading the way across Asia and other key emerging markets, many of which represent new ground for BetGames. As a result, we look forward to seeing how these games perform across regions where presenting the correct localized mix is imperative.

“Delivering the finest and most engaging iGaming experiences is a hallmark of our platform and live-dealer is an essential gaming vertical to get right in this regard. After all, with its heavy reliance on personnel and infrastructure when it comes to dealers and studio requirements, only the best product will connect with existing and unfamiliar audiences in untapped markets. Therefore, we’re thrilled to have BetGames as a key component in our live-casino arsenal.”

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Asia

PAGCOR Licensees Give PHP60-M for New VMMC Wing

Published

1 day ago

September 26, 2023

Niji Narayan

Reading Time: 2 minutes

The Veterans Memorial Medical Center will soon have more patient rooms with the start of construction for the Magiting Veterans Wing on Friday, September 22, through a Php60 million grant from two licensees of the Philippine Amusement and Gaming Corporation.

The Magiting Veterans Wing is a project initiated by the Philippine Military Academy Magiting Class of 1970 with funding support from Bloomberry Cultural Foundation Inc. (BCFI) and Newport World Resorts Foundation, Inc. (NWRFI), among others.

The two foundations, representing Solaire Resort and Newport World Resorts, respectively, each released Php30 million with PAGCOR’s approval.

The project will be carried out in two phases. The first will be sponsored by BCFI and covers civil, structural, mechanical, electrical, masonry works and roof deck waterproofing while the second phase will be funded by NWRFI and consists of works, fixtures and devices.

The Magiting Wing will have a total floor area of 1379.84 square meters and will house 12 new private rooms inclusive of four suites, a nurse station, lounge area, hallway, storage, access ramp and connecting bridge to the main hospital building.

PAGCOR Chairman and CEO Alejandro H. Tengco said the agency approved the grant from the casino foundations because of the project’s noble objective.

“PAGCOR recognizes the patriotism and sacrifice of Filipino veterans who dedicated their youth, vigor, strength and even lives for our country. By supporting this noble project, we show our gratitude to our modern-day heroes and their families,” he said.

Tengco said all integrated resort casino licensees in the country are required to put up a foundation to fund Corporate Social Responsibility programs on education infrastructure, health facilities, environmental preservation and cultural heritage restoration.

Two percent of the licensees’ gross gaming revenues from non-junket tables automatically go to such foundations.

Defense Secretary Gilberto C. Teodoro, who graced the ceremonial concrete pouring for the project, expressed gratitude to the project supporters.

“As donee, we will provide the necessary maintenance and other operating expenditures to see to it that your donations will not go to waste,” he said.

Teodoro said other plans to improve the welfare of Filipino veterans include decentralising the VMMC’s services and the upskilling of hospital personnel so that doctors and specialists can focus more on caring for patients.

“No soldier ever retires. They are always a part of the system. They provide guidance and support to our active personnel hence their job as a soldier is never done,” he said.

Aside from BCFI and NWRFI, other major sponsors of the Magiting Veterans Wing project are DMCI, San Miguel Corporation and some retired military personnel.

Asia

Dubai Racing Club Opts for TPD’s Horse Tracking Solution

Published

6 days ago

September 21, 2023

Hunor Pal

Reading Time: < 1 minutes

Total Performance Data, the world’s leading horse racing live data provider, has announced today that Dubai Racing Club is a new client.

Following successful live trials at last Spring’s Super Saturday and Dubai World Cup meetings, Dubai Racing Club has signed a multi-year deal to use TPD’s services beginning with the new season at Meydan Racecourse on Friday 10 November. This extends TPD’s content footprint in the fast-growing Middle Eastern horseracing scene where both of Saudi Arabia’s racecourses are already live.

TPD will produce live and post-race timing stats for every horse as well as live running order graphics for the world’s biggest set of on course screens, including the new 4k big screen.

Will Duff Gordon, CEO of TPD, commented: “We are very excited to be further enriching the wonderful racing that takes place at Meydan and look forward to a successful partnership. I’d like to thank our engineering partners at Gmax for so rapidly delivering the live service back in March.”

Mohammed Riaz, Head of IT for Dubai Racing Club, said: “When Trakus ceased trading we were impressed with the speed of set up and quality of output when Gmax and TPD met our needs for the climax of last season. We are excited to use this content on our new 4k big screen as well as for our international audience.”

The new season at Meydan Racecourse begins on Friday, November 10^th and concludes with the $30.5million Dubai World Cup meeting on Saturday, March 30^th.

Asia

Niko Partners ‘India Games Market’ Report – India retains title as Asia’s fastest-growing video games market in 2023

Published

6 days ago

September 21, 2023

Hunor Pal

Reading Time: < 1 minutes

The recently published “India Games Market Report 2023” report by Niko Partners, states that India retained its title as the fastest-growing video games market in Asia. The total gamers in India are forecasted to have surged a remarkable 343% in the 10 years between 2017 and 2027, climbing to 641.2 million in 2027.

Video games revenue is also on the rise, forecast to increase 21% YoY in 2023 to $868 million. Factors such as higher disposable income, the growth of internet connectivity, and low-cost smartphones are propelling India’s video games market forward.

Below are the key findings of the report:

Meteoric rise in revenue: Niko Partners projects India video games revenue across all platforms to reach $868 million in 2023, up 21.2% YoY. India’s video game market is the fastest growing by gamers and revenue, which is forecast to reach $1.6 billion by 2027, growing at a 5-year CAGR of 17.2%. The report excludes revenue generated from Real Money Games.

Player base keeps on expanding: The number of gamers in India across all platforms is forecast to reach 444 million in 2023, up 12.1% YoY, and reach 641.2 million in 2027, growing at a 5-year CAGR of 10.1%.

Dominance of mobile gaming: India is a mobile-first market with 96.8% of total gamers playing on a smartphone or tablet.

Game-spending is on an upward trajectory: 31% of the 444.4 million gamers will spend on video games in 2023, with annual ARPPU reaching $6.38.

Esports continues to gain momentum: 71.8% of the total gamers have engaged with Esports by either playing an Esports game, watching or participating in an Esports tournament.

Encouraging factors in terms of revenue growth and brand investment: The return of BGMI and Free Fire are positive signs for the industry and foreign game companies looking to enter the market.