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Interview with ProgressPlay on their Groundbreaking Standalone Product and Asian Expansion

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Interview with ProgressPlay on their Groundbreaking Standalone Product and Asian Expansion
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Interviewer (Edwin Ward, WX2): Welcome, Itai Loewenstein and Marina Nahhas from ProgressPlay! We’re thrilled to discuss your latest advancements and your presence at SIGMA Asia 2024 in Manila. Let’s start with you, Itai. ProgressPlay has been named one of Europe’s Top 10 Casino Tech Solutions Providers in 2024. How does it feel to receive such recognition?

Itai Loewenstein: Thank you! It’s an honour to be recognised among Europe’s top casino tech providers. This accolade reflects the hard work and innovation our team has put into developing cutting-edge solutions that meet the evolving needs of the iGaming industry.

Absolutely. Now, you’re set to make waves in the Asian iGaming sector with your standalone product. Can you tell us more about it?

Itai Loewenstein: Our standalone product is truly revolutionary. It allows our partners to target all markets, offering them unprecedented control and flexibility. This platform was designed to empower operators by giving them the ability to manage their own operations while we provide the robust technological backbone.

That sounds impressive. Marina, how important is the SIGMA Asia 2024 event for ProgressPlay, and what do you hope to achieve there?

Marina Nahhas: SIGMA Asia is incredibly important for us. It’s our debut at this prestigious event, and we’re super excited to showcase our latest products. The exhibition is the perfect opportunity to present our standalone product to a large number of potential new customers, especially those looking to tap into the rapidly growing Asian iGaming market.

With the event expected to attract over 20,000 delegates, it’s sure to be a bustling hub of activity. Can you shed some light on the current trends driving the growth of the Asian iGaming industry?

Marina Nahhas: Certainly. The Asian iGaming industry is booming due to several factors, including technological advancements, the widespread adoption of mobile devices, and the increasing popularity of online gaming. Digital payment methods have also played a crucial role, making it easier for users to engage with online platforms. This creates lucrative opportunities for gaming entrepreneurs.

Itai, your standalone licensee offering debuted at ICE in January. How has the response been so far, and what makes this offering unique especially for the Asian market?

Itai Loewenstein: The response has been overwhelmingly positive. Our standalone offering is unique because it allows operators to fully control their operations, from branding to regulatory compliance, while we handle the technological aspects. This arrangement provides immense flexibility and scalability, making it ideal for operators looking to expand into new markets. ProgressPlay’s unique platform capability allows operators to open many multi-brands in a matter of hours, as the latest-generation platform supports the white-label offering. This new proprietary multi-brand platform allows operators to streamline their casino brands fast thanks to ProgressPlay’s flexible high-performance technical platform.

That’s great to hear. Can you elaborate on the technological aspects of your platform and the team behind its development?

Itai Loewenstein: Our platform has been meticulously developed over the years by a team of top-notch professionals dedicated to serving regulated markets, including the UK. We’ve incorporated many proprietary services developed in-house, ensuring that our platform meets all diverse requirements. This includes our proprietary AI capabilities for safer gambling, which have been shortlisted for the EGR Awards again.

Marina, how does ProgressPlay ensure that its platform remains flexible and adaptable to various regional and regulatory requirements?

Marina Nahhas: Our platform’s flexibility is one of its key strengths. We enable operators to tailor their offerings to specific regions and regulatory requirements. This is achieved through a strategic joint venture with a reputable cashier, facilitating seamless integration of various payment methods. This approach ensures that we cater to the diverse needs of our partners.

Itai, what are the main advantages of the standalone platform for operators, particularly in the Asian market?

Itai Loewenstein: The biggest advantage is the wider selection of countries and regulatory territories operators can choose from based on their licenses. As Marina said, our built-in proprietary cashier can be easily adapted to relevant markets and payment processors. Additionally, the ability to create brands under the standalone platform is especially beneficial for generating healthy ROI in Asian markets. We’ll be showcasing all these features at stand BR917 at SiGMA Asia.

Thank you, Itai and Marina, for sharing these insights. We look forward to seeing ProgressPlay’s innovations at SIGMA Asia 2024!

Itai Loewenstein and Marina Nahhas: Thank you! We can’t wait to connect with everyone at the event.

Interviewer: Remember to visit ProgressPlay at stand BR917 at SIGMA Asia 2024 in Manila from June 3rd to 5th.

Asia

PAGCOR BRAVES FLOODS TO HELP DISASTER-HIT COMMUNITIES

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At the height of the downpour and massive flooding in Metro Manila and nearby provinces Wednesday, volunteer teams from the Philippine Amusement and Gaming Corporation (PAGCOR) started bringing relief packs to affected communities.

Classes and government work were suspended on Wednesday and Thursday due to the widespread flooding, but PAGCOR volunteers went into action nevertheless.

“Even at the height of the flooding, and even before the President ordered government agencies to provide assistance to affected communities, PAGCOR employees already went to action to help those in need,” PAGCOR Chairman and CEO Alejandro H. Tengco said.

The PAGCOR chief said that since July 24, the agency has delivered more than 21,000 food and non-food relief packs for thousands of affected families.

“After the heavy rains subsided and it was safe to do so, we started bringing immediate aid to flooded communities in Caloocan City on Wednesday, followed by relief operations in Valenzuela, Malabon and Malolos, Bulacan the next day,” he said.

Mr. Tengco added that PAGCOR was scheduled to distribute relief goods to the cities of Marikina and Navotas on Friday as well as to affected towns in Bulacan like Calumpit and Bulakan which were all submerged in floodwater.

“It has been second nature to PAGCOR to immediately respond to the needs of affected communities in times of disasters,” he said.

“We understand that while it is part of our mandate to contribute to nation-building, it is also our moral obligation to help ease the plight of Filipinos in times when they need help the most,” the PAGCOR chief added.

He said PAGCOR’s relief operations are ongoing, with more employees volunteering to help repack relief goods Saturday and Sunday in the agency’s warehouse in Imus, Cavite to support distribution efforts in the coming days in Bataan, Batangas and Cavite.

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Asia

AGTech Wins Lottery Terminal Supply Tenders for Shaanxi, Zhejiang and Jiangsu Provinces

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Lottery and integrated technology and services company AGTech Holdings Limited (AGTech) has announced that one of its wholly-owned subsidiaries has successfully won procurement tenders to supply lottery terminals to Sports Lottery Administration Centres in Shaanxi province, Zhejiang province and Jiangsu province of the People’s Republic of China.

AGTech already has previous success in the China market, having won a bid in 2018 for supplying its new dual, touchscreen lottery terminals to the Chinese provinces of Guizhou, Shanghai and Hebei.

Even before this, AGTech introduced new instant win games, launched in partnership with Chinese logistics firm SF Holdings across Shenzen, Nanchang, Changsha and Nanjing.

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Asia

Philippine President Marcos Announces Ban on POGOs

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Philippine President Ferdinand Marcos Jr has banned the establishment of any new Philippine Offshore Gaming Operators (POGOs), also known as Internet Gaming Licensees (IGLs), with immediate effect. Existing POGO operators will have until the end of the year to wind down their operations.

The verdict, not entirely unexpected, was delivered during his State of the Nation Address in Manila on Monday following widespread pressure from a Senate investigation into illegal POGO-linked activities.

“Effective today, all POGOs are banned. I hereby instruct [gaming regulator] PAGCOR to wind down and cease the operations of POGOs by the end of the year,” Marcos said in his SONA.

The decision to shut down POGOs follows a series of recent raids on illegal POGO compounds in Pampanga and Tarlac amid allegations they had been engaging in human trafficking and scam activities.

A full ban, proposed by multiple senators, had also gained the support of the Department of Finance (DOF) and the National Economic and Development Authority.

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