Asia

Betinvest offers transparency and control with new Agent Management System for the Asian market

Published

5 years ago

July 11, 2019

Betinvest offers transparency and control with new Agent Management System for the Asian market

Reading Time: 3 minutes

After detailed conversations and constructive feedback from its partners in Asia, Betinvest has launched an Agent Management System to empower bookmakers with the tools to easily manage and monitor the performance of its agents.

Betinvest has launched an Agent Management System for the Asian market and other markets which use the same operational model, providing transparency and control to bookmakers and enabling them to better manage and monitor agent performance.

Indeed, after long conversations with local operators in Macau at G2E Asia, Betinvest has incorporated innovative improvements into the traditional betting agent management model, supported by the solutions provider’s strong IT team to ensure the system remains flexible and up-to-date with clients’ needs.

“This system will bring transparency and control to bookmakers – both to those with an existing agent network and to those who are interested in running a betting business with the help of an agent scheme,” explained VP of business development, Valentyn Kyrylenko. “The solution will enable our clients to manage the activity of every participant at each level in the hierarchy, and to monitor their performance in real time. It offers multi-level commercial structure, profit and loss sharing algorithms, on-spot agent creation functionality and an easy to use settlement process. Each agent has a lot of flexibility in the manner in which they can work with customers. Through consistent communication with our partners from around the world, we’ve discovered that a solution such as this is in high demand.”

A key strength of Betinvest’s system is that it’s entirely up to their client to decide who can work as an agent for their business. Furthermore, once an agent is incorporated into the management system, the client can monitor them closely to ensure the entire structure is operating smoothly.

“It’s easy to incorporate new people into the Agent Management System’s hierarchy. It’s also really easy to control and manage all the people involved thanks to a set of comprehensive reports that show all the agents, their credit, balance, efficiency and player behaviour. We provide the software and updates to our partners who require only this system. Everything else is under the client’s control. It goes without saying that an agent-to-be should have a number of players and be well-informed about the nature of the industry,” continued Kyrylenko. “All the risk can be monitored by our clients and they can access reports about every Agent or Master Agent’s activity and credit status, see an overview of total bets and stakes, etc. They’ll be able to check all of this, to change limits, and even block an Agent if they urgently need to do so. Operators can view players’ accounts, calculate risk and even adjust odds before accepting bets.”

This high level of control and transparency for clients is a result of Betinvest’s carefully organised hierarchical structure. The solutions provider’s Agent Management System is a sophisticated network consisting of various levels – each their own rights and structures, which, along with the scheme’s credit-style system, allows clients to monitor the entirety of its agent system without the need for micromanagement.

“Imagine you’re a shareholder: you can invite one or more Senior Master Agents. They will work with Master Agents, who will work with Agents who, in turn, will manage the players. There is no limit to how many agents you can have at any level,” detailed Kyrylenko. “We’ve based the scheme on a credit-style system, meaning that the total risk an upline can set for its downline is limited. The system is designed for agent networks of all sizes, and can be easily managed and customised.”

To perfect the system, Betinvest has worked closely with its partners in Asia who share their on-the-ground experience and help the solutions provider develop relevant and efficient products. These partners were the first to test Betinvest’s new solution, providing feedback to ensure the agent system is perfectly fit-for-purpose across the entire continent. However, while bookmakers in Asia will be the largest beneficiaries to Betinvest’s latest innovation, Kyrylenko emphasised that the company’s Agent Management System will suit operators with agent networks in any market – allowing clients across the globe to benefit from increased transparency and control of their sports betting operation.

Asia

Indonesian Govt to Form Task Force to Tackle Online Gambling

Published

41 mins ago

April 23, 2024

Niji Narayan

Reading Time: 2 minutes

Indonesian President Joko Widodo has chaired a limited meeting which discussed the efforts taken to eradicate online gambling in the country on Thursday 18 April, at Merdeka Palace in Jakarta. Minister for Communication and Information Technology Budi Arie Setiadi, in his press statement after the limited meeting, said that the Government will form a task force to counter online gambling.

“It has been decided that within a week, we will formulate measures to form an integrated task force in order to eradicate online gambling,” Budi said.

Minister for Communication and Information Technology mentioned that forming a cross-ministries/institutions task force is aimed to handle online gambling more thoroughly, collaboratively and efficiently.

“Gambling is an illegal act based on regulations. So, we need to impose measures effectively to settle it,” Budi stated, adding that his ministry will focus on handling online gambling websites and contents, while the law enforcement officers will enforce the law.

“Our authority is only to take down the websites, while the Financial Services Authority (OJK) blocks their financial accounts, and then followed by law enforcement officers, police officers, and the public prosecution service officers,” he remarked.

Similarly, OJK’s Chairperson of Commissioner Board Mahendra Siregar also highlighted the importance of holistic measures in eradicating online gambling in Indonesia.

“Some online gambling activities are not conducted in Indonesia, some are cross-borders, some do not use bank accounts, some needs to be tracked and traced through bank accounts, including transfers and so on. So, the next layers must also be addressed, and that way it leaves no empty rooms,” Mahendra explained.

Mahendra said that according to the institution’s authority, from the end of 2023 to March 2024, OJK has blocked around 5000 bank accounts that indicate its relation to online gambling.

“So far, we have cooperated closely with Communications and Information Technology Ministry. So, if we receive a list of bank accounts suspected to be used or are being used in online gambling activities, we immediately block them, and it has reached up to 5000 bank accounts,” Mahendra mentioned.

Asia

Team ATK Oshun excels at 2024 Online Championships held on 13 April 2024

Published

5 days ago

April 18, 2024

Adrienn Sarkany

Reading Time: 2 minutes

Mind Sports South Africa’s (MSSA) 2024 Online Championships held on 13 April 2024 showed sterling results.
The championship was yet another chance for many esports athletes to qualify for MSSA’s National Team Trials to be held on 25 May 2024 at which the team will be selected to officially represent South Africa at the African Qualifiers which lead up to IESF’s 16th World Esports Championships to be held in Riyadh, Saudi Arabia in October and November 2024..

All Registered Players who have finished in the top three places, or the top 20% – whichever is greater, are entitled to enter trials.

However, it must be remembered that all players must have a valid passport to participate in the National Team Trials.

It was indeed exciting to watch just how much all the female teams have improved.

Team ATK Oshun (ATK Club Sport) being a female team astounded all with their skill and sportsmanship. The team demolished all ATK Club Sport opposition to ultimately won the premier event overall and qualify for the National Team trials to be held on 25 May 2025.

IESF’s 15th World Championships will be played to the following titles:

Counter-Strike 2
Counter-Strike 2 – Female division
DotA 2
eFootball
Mobile Legends, Bang Bang
Mobile Legends, Bang Bang – Female division
PUBGM

The high standard of play saw 37 Registered Players from six provinces being awarded Provincial Colours. Only Limpopo, Free State, and Northern Cape did not have Registered Players who did not earn provincial colours.

Title	Name of player/team	Club	Provincial Colours awarded
Clash Royale – Premier	Johan Coetzee	Middies	Mpumalanga
Clash Royale – High School	Aryan Maharaj	PR0NHS
Counter Strike: 2	ATK Oshun
	Kaylee Ludick	ATK Club Sport	Gauteng
	Jessica Eleez Greeff	ATK Club Sport	Gauteng
	Christin Brazier	ATK Club Sport	Gauteng
	Megan van der Westhuizen	ATK Club Sport	Gauteng
	Kayhla Rose Calder	ATK Club Sport	Gauteng
DotA – Premier	ZAG DOTA 1
	Suhail Khan	ZAG Academy	Gauteng
	Travis John Waters	ZAG Academy	Western Cape
	Mark Kilian Lehle	ZAG Academy	Gauteng
	Mohammad Dhooma	ZAG Academy	Eastern Cape
	Nicholas Dammert	ZAG Academy	Gauteng
eFootball – Premier	Aslam Parker	PES Society	Gauteng
FIFA 24 – High School	Daiyaan Hendricks	PES Society	Western Cape
Mobile Legends – Premier	Mavericks
	Matthew Tatalias	Mavericks	Gauteng
	Damian Bransby	Mavericks	Western Cape
	Preshan Pillay	Mavericks	Gauteng
	Mohammad Azhar Ansari	Mavericks	KwaZulu Natal
	Taygan Gabriel	Mavericks	KwaZulu Natal
	Luke Green	Mavericks	Western Cape
Mobile Legends – Premier – Female	AHG
	Je’nielle Cavanagh	PES Society	Western Cape
	Inez Pringle	PES Society	Western Cape
	Salma Parker	PES Society	Western Cape
	Ra’isha Prout	PES Society	Western Cape
	Fatimah Prout	PES Society	Western Cape
	Mia Anthony	PES Society	Western Cape
PUBGM	Team uEnvy
	Richard Henry	ZAG Academy	Eastern Cape
	La-eeq Arendse	ZAG Academy	Western Cape
	Kyle Dudley	ZAG Academy	Western Cape
	Clayton Leak	ZAG Academy	Western Cape
Rocket League – Premier – 1 v 1 – Premier	Nathan Strange	Hoërskool Klerksdorp
Rocket League – Premier – 1 v 1 – High School	Luther Peens	Hoërskool Klerksdorp
Street Fightter V – Premier	Marnus van der Merwe	Hoërskool Klerksdorp	North West
Tekken 8	Stasch Cloeta	Team PlayBell	Western Cape
Valorant – Premier	TuksValorant
	Tapiwanashe Keith Matema	TuksEsports	Gauteng
	Kyle Halvorsen	TuksEsports	Gauteng
	Jaden Connor Swarts	TuksEsports	Gauteng
	Ronald James Tyler Wheeldon	TuksEsports	Gauteng
	Alejandro Luca Sartini-Kruger	TuksEsports	Gauteng
	Armand Pierre van der Colf	TuksEsports	Gauteng
Sportsmanship Award	Je’nielle Cavanagh	PES Society

Asia

PAGCor Welcomes Lawyer Wilma Eisma as New President and Chief Operating Officer

Published

5 days ago

April 18, 2024

Alan Campbell

Reading Time: < 1 minute

The Philippine Amusement and Gaming Corporation (PAGCor) today welcomed its new President and Chief Operating Officer, lawyer Wilma Eisma, who took her oath of office before Executive Secretary Lucas Bersamin in Malacanang this morning.

“We are happy to welcome Atty. Wilma Eisma as PAGCor’s new President and Chief Operating Officer,” PAGCor Chairman Alejandro Tengco said. “We know she will be a great asset and her vast experience in both the government and private sectors will surely be put to good use here.”

Tengco said he witnessed Eisma’s oath-taking in Malacanang this morning. She then immediately joined her first PAGCor board meeting in the afternoon as the agency’s first ever woman President and Chief Operating Officer.

A lawyer by profession, Eisma earned her law degree from the Ateneo de Manila University and was a member of the Board of Directors of the Development Bank of the Philippines before joining the state gaming firm.

Prior to that, she also served as the first woman Administrator and Chairman of the Subic Bay Metropolitan Authority (SBMA).

Her private sector stints include leadership roles in PMFTC Incorporated, the Philippine affiliate of Philip Morris International.

She also held key positions at the Department of Trade and Industry where she worked at the Office of the Secretary and in the Office of the Majority Leader in the House of Representatives, among others.

Eisma succeeded Atty Juanito Sanosa Jr who resigned as PAGCor President and Chief Operating Officer last January.