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G2E Asia 2018 closes with a record breaking edition

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G2E Asia 2018 closes with a record breaking edition
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Global Gaming Expo (G2E) Asia, the marketplace for the Asian gaming and entertainment industry, officially came to a conclusion at The Venetian Macao. The Expo’s 12th edition was its largest to date, boasting a 33,000 square meters of the show floor and a globally renowned showcase of more than 220 exhibitors with cutting-edge products, services, and technologies. It additionally hosted 16,358 local and international trade visitors, at an annual increase of 17.2 percent.

Josephine Lee, Chief Operating Officer of Reed Exhibitions Greater China, notes, “We’re proud to have concluded our largest, most exciting and successful expo to date! G2E Asia truly gets bigger and better each year. We never rest on our laurels and always recognize the need for growth and improvement. Our dedicated teams, both on and off the show floor, work hard throughout the year to ensure the event’s continued growth.
Of course, G2E Asia also depends on the collaboration of our partners and participants. Our loyal exhibitors and thousands of visitors complete the show’s formula for success. We’d like to thank them for their contributions and their dedication to the industry, and to G2E Asia! Here’s to even more success in 2019!

G2E Asia 2018 event highlights included:

New Product Hot Hits
Returning as the most popular digital item at G2E Asia 2018, New Product Hot Hits presented real-time rankings of the most popular products and services showcased by G2E Asia exhibitors. This year’s grand champion and winning product were WeChat mini-games, presented by Rolling Bet Technology Company Limited.

Macau SAR Legislators Tour
As Macao’s Meetings, Incentives, Conferences and Exhibitions (MICE) industry increasingly elevates its status in the international arena, G2E Asia’s enriched and diversified non-gaming content continues to provide a vital platform for the region’s ongoing development. The aim of the inaugural Macau SAR Legislators Tour was to further enhance understanding of the long-term goal to develop and expand Macao SAR into a global tourism and leisure hub. This year, several members of the Legislative Council of Macao took part at the invitation of the Macau Convention & Exhibition Association and Reed Exhibitions.

Cotai Trek
The half-day G2E Asia 2018 Cotai Trek, exclusively reserved for G2E Asia Privileges members, included a customized tour to three integrated resorts located along Macau’s famed Cotai Strip, including MGM COTAI, Galaxy Macau and Wynn Palace. The “Trek” comprised a guided VIP tour of gaming and non-gaming amenities, together with each property’s unique highlights including a peek at MGM Cotai’s permanent art collection of Macau and Eight Views of Macau Series; the Galaxy Macau’s Fortune Diamond and Wave Pool; and Wynn Palace’s Penthouse Gaming Salon and eclectic Fontana Buffet.

“I was thoroughly impressed by the tour. Our guides, all members of top management, took the time out of their busy schedules to show us their amazing properties. With such a diverse selection of gaming and non-gaming options, all three were a truly defined the modern integrated resort.” Mr. Anton Ivanov, general manager of Grand Hotel Varna JSC.

“The trek gave us a unique and first-hand glimpse of both the front and back of the house. It was fascinating to see how these massive properties worked ‘behind the scenes’. Their design and features were so innovative and remarkable. Just when you thought they had thought of everything, these resorts are proof that creativity and innovation are alive and well in the industry!” Ms Michelle Elliott, senior cash operations and collections executive of Les Ambassadeurs Club UK Ltd.

G2E Asia 2019 returns to The Venetian Macao from May 21-23, 2019. Its expanded exhibition space aims to deliver a larger and more comprehensive event.

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Asia

SCCG Announces Strategic Partnership with Gridlogic

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SCCG Management, a premier advisory firm in the gaming industry with a global footprint and over 100 best-in-class client partners, announced a strategic partnership with Gridlogic, a leading Real Money Technology group and a pioneer in the iGaming industry. This partnership is set to enhance SCCG’s initiatives in the rapidly growing Indian gaming market, leveraging Gridlogic’s innovative technology solutions and artificial intelligence capabilities for player protection.

With Gridlogic’s reputation as one of India’s fastest-growing gaming technology companies, this collaboration marks a significant milestone in SCCG’s efforts to expand its global market entry and distribution of gaming products and platforms. Gridlogic, known for its next-generation technology and artificial intelligence applied to skill gaming, brings to the table a wealth of expertise and a robust portfolio of technology services that include gaming, data management and business transformation.

Stephen Crystal, Founder & CEO of SCCG Management, said: “Our alliance with Gridlogic represents a pivotal step forward in our mission to navigate the complexities of the global gaming landscape. Gridlogic’s innovative approach and technological prowess in the Indian market complement our strategic goals perfectly. Together, we are poised to unlock new opportunities and drive significant value for our stakeholders in one of the world’s most dynamic gaming markets.”

Pariekshit Maddishetty, Founder of Gridlogic, said: “Partnering with SCCG Management is a landmark moment for us at Gridlogic. Their global perspective and deep industry insights align seamlessly with our vision of revolutionizing the gaming sector through technology and artificial intelligence. This partnership not only strengthens our position in the Indian market but also accelerates our journey towards becoming a global leader in gaming technology solutions.”

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Asia

PAGCOR TURNS OVER PHP4.59-B CASH DIVIDENDS TO STATE TREASURY

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THE Philippine Amusement and Gaming Corporation (PAGCOR) today remitted a total of Php4.59 billion in cash dividends to the National Treasury to help fund the national government’s efforts in ensuring the country’s sustained economic growth and development.

The latest remittance represents 75% of PAGCOR’s net income in calendar year 2023. It is higher than the usual 50% remittance pursuant to the request of Finance Secretary Ralph Recto to PAGCOR to advance an additional 25% dividend to fund government expenditures.

PAGCOR Chairman and CEO Alejandro H. Tengco said the state gaming firm’s robust earnings from gaming operations enabled it to book Php79.37 billion in gross revenues and net earnings of Php6.13 billion in 2023 as dividend base, paving the way for a higher dividend rate declaration.

“Our remarkable income performance in 2023 set the stage for this higher dividend contribution to the national government, and this epitomizes not just financial success but our unwavering commitment to national development,” Chairman Tengco said.

The dividend declaration consists of Php3.06 billion or 50% of PAGCOR’s 2023 net earnings plus an advanced 25% or Php1.53 billion which may be applied to future dividend remittances.

The dividend check was received by Deputy National Treasurer Eduardo Anthony Mariño III during simple ceremonies at the new PAGCOR Executive Office in Pasay City.

Mariño said the higher remittance from PAGCOR would help set in motion the administration’s socioeconomic agenda as the country is coming from a challenging year where it found difficulty achieving growth targets due to inflation.

“Every peso of this latest remittance from PAGCOR is directly translatable to additional expenditure which can help accelerate growth. This would certainly empower the national government in initiating transformative change this year,” he explained.

The remittance by government owned and controlled corporations or GOCCs of at least 50 percent of their net earnings to the National Government is mandated under Republic Act (RA) No. 7656, otherwise known as the Dividends Law

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SOFTSWISS is Best Platform Solution in Asia

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SOFTSWISS is Best Platform Solution in Asia
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SOFTSWISS, an international tech company with over 15 years of experience in iGaming, celebrates its resounding success in Asia, triumphing in two categories at the Asia Gaming Awards. 

The Asia Gaming Awards convenes key stakeholders from the Asian gaming sector – operators, regulators, suppliers, and service providers – to celebrate achievements within the industry. In 2024, SOFTSWISS earned recognition in the categories of Best One-Stop Platform Solution and Best Affiliate Marketing Solution.

With over 15 years of experience in the iGaming industry, SOFTSWISS crafted a robust ecosystem of products that allows its clients to create an iGaming business from scratch. Having a complete range of products and solutions for online gaming and betting, SOFTSWISS also offers innovative tools for player engagement and a comprehensive system of services.

Over 860 brands employ SOFTSWISS’ software to provide an exceptional player experience to more than six million players from different regions all over the world. Notably, 80% of SOFTSWISS clients are satisfied with the company’s products and services, according to a survey conducted by the leading marketing agency Kantar.

Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, shares his delight: “SOFTSWISS is proud to acquire the esteemed Best One-Stop Platform Solution Award, which testifies to the outstanding contributions of our company to the development of the Asian gaming industry. We express our earnest gratitude to our dedicated team for their tireless efforts and our valued clients for their trust, pivotal to our success.”

Another well-deserved award belongs to Affilka by SOFTSWISS, a modular and feature-rich software platform which helps manage, track, and analyse affiliate performance. 

According to Kantar’s survey, held at the end of 2023, Affilka’s customer satisfaction rate was 8.1 out of 10. At the same time, 97% of respondents expressed satisfaction with Affilka’s service.

Boasting a client’s portfolio of more than 320 iGaming brands in 2023, the affiliate marketing platform shows almost two times YoY growth in affiliate GGR.  

Anastasia Borovaya, Head of Affilka by SOFTSWISS, comments on the recent victory: “We are proud to achieve this recognition in the Asian gaming market. Our team puts a lot of effort into constantly evolving product performance. Let this accolade fuel our unwavering commitment to innovation and excellence, driving us forward as we continue to serve our clients with the highest standards of quality and service.”

Since the beginning of the year SOFTSWISS has already gained such prestigious accolades as Responsible Gaming, Crypto Company, Platform Provider, Software Supplier, and others. The esteemed awards, namely IGA, GGA EMEA, SiGMA Eurasia, EGR Nordics, SiGMA Africa, Asia Gaming Awards stand as obvious recognition of SOFTSWISS’ significant contribution to the iGaming industry all over the world. 

 

About SOFTSWISS 

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

 

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