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UltraPlay conquers LatAm and Asia in recent events

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UltraPlay conquers LatAm and Asia in recent events
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UltraPlay, a leading provider of eSports betting solutions, took the gaming industry by storm with its impressive presence in Sao Paolo, Brazil, and in Manila, The Philippines. Both events, held in the middle of June and July, respectively, served as a perfect platform for UltraPlay to showcase its cutting-edge products and engage with industry professionals from around the globe.

During these events, UltraPlay had the privilege of engaging in fruitful discussions with numerous industry professionals, exchanging ideas, and exploring potential collaboration opportunities. The team eagerly seized the chance to build relationships and strengthen existing partnerships, fostering an atmosphere of innovation and cooperation within the gaming industry.

One of the highlights of UltraPlay’s participation was its success in striking promising deals with several key industry players. While the deals still aren’t publicly announced, the company plans on sharing more detailed information in the near future. These collaborations promise to revolutionize the eSports betting landscape, delivering exceptional value to players and businesses alike.

The industry’s recognition of UltraPlay’s exceptional performance came to fruition during the Brazilian Awards night. Amidst fierce competition, UltraPlay proudly received the prestigious “Best eSports Provider of the Year” award. It serves as a testament of UltraPlay’s proven track record of success, dedication, and revolutionary iGaming solutions that shape the market to this day.

With both events being successful for the team, they eagerly await future exhibitions, the last one for this year being in Malta in November. These exhibitions present invaluable opportunities to showcase the latest advancements, engage with industry peers, and reinforce its status as a trailblazer in the gaming sector.

Next in the event lineup for UltraPlay is the Barcelona exhibition held this upcoming September in Spain. This eagerly awaited conference serves as another fantastic platform for UltraPlay to present its groundbreaking solutions and further explore the novelties of the market.

UltraPlay’s remarkable presence and accomplishments at the events underscore the company’s unwavering commitment to innovation and its dedication to providing top-notch eSports betting solutions. As it looks toward the future, UltraPlay is well-prepared to continue its journey of excellence, enhancing the gaming industry’s landscape and setting new benchmarks for unparalleled success.

Asia

PAGCOR Licensees Give PHP60-M for New VMMC Wing

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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.

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Asia

Dubai Racing Club Opts for TPD’s Horse Tracking Solution

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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 10th and concludes with the $30.5million Dubai World Cup meeting on Saturday, March 30th.

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

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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.
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