iSoftBet, a leading online casino content supplier and aggregator, is pleased to announce that it has entered into a distribution deal with sports betting and igaming operator OlyBet that will see it boost its reach across a trio of premier jurisdictions.

In terms of the distribution deal, OlyBet, which is one of the leading brands in the Baltic, will gain access to iSoftBet’s complete portfolio of proprietary slot content available across a number of emerging regulated markets which include Latvia, Estonia and Lithuania.

The operator will now have the opportunity to offer its customer base a range of iSoftBet slots including top performing content Mighty Stallion Hold & Win, Aztec Gold Extra Gold Megaways and Gold Digger.

The supplier has revealed that since the launch of Aztec Gold Extra Gold Megaways, the game has generated an average of 25 per cent more bets across all licensees than its original highly successful game.

iSoftBet will also supply OlyBet with its selection of player engagement tools headlined by iNgame, which has been designed to boost retention and increase player lifetime value through a range of products such as real-time leaderboards.

Federica Faggiano, the Chief Commercial Officer at iSoftBet, commented on the deal by saying that OlyBet is recognized as one of the biggest brands in Europe with leading market share in several emerging territories such as Latvia, Estonia and Lithuania.

Faggiano went on to say that they are constantly striving to grow their regulated market presence and therefore, extending their reach in these key strategic jurisdictions will give even more players the opportunity to enjoy their compelling content.

Super Group, a British company and owner of a sports betting and online casino company, is endeavoring to enter the rapidly-growing U.S. market and has revealed that it is joining with Sports Entertainment Acquisition Corp in a deal that they anticipate will close in the second half of this year and would take the company public in the U.S. stock markets.

Although not currently licensed in the U.S., Super Group is endeavoring to remedy that through a deal that it has reached to acquire Digital Gaming Corporation. Should regulators approve the deal it would enable it to gain access to as many as 10 U.S. states, including New Jersey, Pennsylvania, Indiana, Iowa and Colorado.

The planned consolidation with Delaware-based Sports Entertainment Acquisition is the latest example of how appealing the U.S. market has become to sports betting and gambling companies from other nations. Leading European gambling companies such as Flutter, William Hill, Entain and others have all staked claims to the fast-growing American market.

Neal Menashe, Chief Executive Officer of Super Group, commented that they have established their group as a truly global, scaled and profitable digital gaming business, delivering on their vision to bring first-class entertainment to the worldwide betting and gaming community.

Menashe went on to say that this listing will position them strongly to capitalize on the significant global growth opportunities ahead, including the U.S. market.

Eric Grubman, former Executive Vice President of the NFL, is due to become chairman of the Super Group while John Collins, who held executive roles with the NFL and NHL and was President of the Cleveland Browns, will serve on the company’s Board of Directors.
Both the above are part of Sports Entertainment Acquisition’s management team.

Philippines gaming regulator PAGCOR has approved Tiger Resort, Leisure & Entertainment, Inc (TRLEI) to conduct online gaming operations out of its unified resort Okada Manila.

Parent company Universal Entertainment Corp, TRLEI has revealed that it has received a letter from PAGCOR dated 19th April ‘approving entry into online gaming for table games and electric gaming machines as the first among the four integrated resorts comprising Entertainment City in Metro Manila.

According to Universal it also plans to launch online operations once it has completed test simulations and clears all necessary conditions, including confirmation of compliance with casino and AML regulations and payment of license fees.

PAGCOR also stipulates that the system must be capable of being audited and of preventing minors and banned persons from playing.

Universal commented that the group considers this online gaming as the first stop, and they will continue to develop online sports betting gaming using its proprietary technology.

It is not yet exactly known what online operations TREI intends providing but it presumably refers to the Philippine Inland Gaming Operator (PIGO) scheme introduced by PAGCOR last year as a means of enhancing revenues during the Covid-19 pandemic.

Casino and integrated resort operators can be licensed under the PIGO scheme to offer online gambling to existing registered members only, allowing these members to log in and play from anywhere within the country.

The Philippine Offshore Gaming Operators (POGO) scheme, by comparison, allows licensed online operators to offer online gaming services outside of the Philippines only.

Douglas based online gaming company Microgaming is celebrating 20 years of operations in the Isle of Man this month.

The leading aggregator of online gaming content moved to the island in April 2001 and has since then invested heavily in growing its talented workforce, in innovative new headquarters, and in the community.

The last two decades has seen Microgaming place great importance on corporate social responsibility and on giving something back to the island that it calls home. The company has contributed over £3.5 million to local community initiatives, including an amount of £875,000 towards healthcare products.

Microgaming launched its overarching CSR program, Microgaming PlayItForward in 2014, which has since supported hundreds of worthy causes and events under the three pillars of People, Place and Planet.

The local community has supported and attended Microgaming-sponsored events over the years, with the Microgaming Lighthouses Challenge and the Microgaming Douglas Soapbox Race attracting hundreds of entries and spectators respectively each year.

Microgaming PlayItForward has helped to fund living costs for 24 gifted Isle of Man students attending university through its Education Bursary. There are currently 10 young people receiving financial assistance.

Microgaming’s Isle of Man team has grown from a mere 5 to 180+ strong and is now made up of industry professionals across a number of functions.

The company moved to purpose-built offices adjacent to its former headquarters in 2017 in order to accommodate its expanding workforce. The five-story building is the island’s only privately owned premises with an ‘excellent rating’
from BREEM, the world’s leading sustainability assessment method for buildings.

John Coleman, CEO at Microgaming, commented that they have come a long way since putting down roots in 2001. He added that what began as a handful of people all those years ago has flourished into a diverse, talented and passionate team and he is proud of the success and growth they have achieved together.

Governor Ron DeSantis recently announced a historic gaming compact between the State of Florida and the Seminole Tribe of Florida. It is anticipated that the agreement will generate a minimum of $2.5 billion in new revenue for the state over the next five years and an estimated $6 billion through 2030.

Governor DeSantis commented that this historic compact expands economic opportunity, tourism and recreation and bolsters the fiscal success of their state in one fell swoop for the benefit of all Floridians and Seminoles alike.

DeSatis went on to say that their agreement establishes the framework to generate billions in new revenue and untold waves of positive economic impact. He thanked Seminole Tribe of Florida Chairman Marcellus Osceala Jr., Senate President Wilton Simpson and House Speaker Chris Sprowls for their collective commitment to modernizing the gaming industry in the state of Florida and setting the bar for the rest of the nation.

Marcellus Osceola Jr., Chairman of the Seminole Tribe of Florida said that they are committed to a mutually-beneficial gaming compact with the State of Florida and look forward to its approval by the Florida Legislator, the Seminole Tribal Council and the U.S. Department of the Interior.

He added that the Tribe wants to express their sincere thanks to all those who have worked hard to negotiate a historic agreement that cements their partnership with the state for decades to come.

The agreement will increase the projected revenue to the State of Revenue from the Seminole Tribe from no revenue to more than six billion dollars over the next decade, with a guaranteed minimum of two and a half billion dollars during the first five years.

The compact will modernize the gaming industry with the authorization of Sports Betting in Florida through the Tribe at its+ gaming venues in Tampa and South Florida, including the Seminole Hard Rock Hotel & Casino Tampa. In addition, the agreement provides protection for pari-mutuel operations and a chance to participate in sports betting offered by the Tribe.

It is estimated that sports betting will create more than 2,200 jobs for Floridians.