Connect with us
Atlaslive is a robust, scalable, and reliable igaming platform that supports the growth of our partners’ business by ensuring 99.9 percent uptime, one of the best in the industry.

Asia

WazirX Co-Founder and SuperGaming Announce Launch of Tegro, a Web3 Games Ecosystem Marketplace

Published

on

Reading Time: 2 minutes

Tegro is a new initiative by Siddharth Menon, co-founder and COO of WazirX, one of the world’s largest cryptocurrency marketplaces and leading Indian game developer SuperGaming. Tegro is a complete Web3 games ecosystem empowering players, game developers, and investors to unlock the potential of Web3 in the best possible way — sustainable, transparent, and fair.

With games evolving in terms of visuals, technical complexity, and design, their economies and monetisation should evolve too instead of stagnating — which they largely have since the mid-2000s. And while sparks of this are seen with the first generation of Web3 games, these are made in a way that is unsustainable.

Siddharth Menon, co-founder of Tegro, brings deep expertise in Web3 ecosystems and scaling businesses, having built WazirX, one of the world’s largest cryptocurrency marketplaces with over eight million users and billions in monthly volume.

“Mobile games disrupted the games industry and Web3 games could be an even bigger disruption,” said Siddharth. “Web3 games will be the next paradigm shift in gaming, opening new economic and creative opportunities for players, and have the potential to unlock a 2 trillion dollar market.”

Advertisement

However, Web3 games need to be built in a way that respects players and keeps them engaged while still onboarding institutional investors and traders who would grow this economic opportunity. Most existing Web3 games and by extension their economies don’t put players at the center of this opportunity.

This is where SuperGaming’s expertise with over 300 million players and nearly 100 games developed comes into play. These include recent hits like MaskGun and Silly Royale as well as the upcoming battle royale game, Indus.

In addition to this, the company has its own gaming engine for running hyperscale, real-time multiplayer games used by third-party studios with the official PAC-MAN game being the most famous of these. Nonetheless, the company is deeply aware of the current issues with crypto games.

“At SuperGaming, we make games that people play for years,” said Roby John, co-founder of Tegro.  “We see Web3 technologies as complementary to our player-first ethos, allowing us to produce new creative and economic opportunities for them. With the potential of Web3 games and Tegro, we can do so in a way that’s sustainable, fair, and transparent for all.”

Tegro is founded on the idea that digital worlds will be investable asset classes in the coming decade. These digital worlds require a foundation which protects players and empowers investors in navigating this new paradigm of games. The company will solve for this with:

Advertisement
  • Tegro markets for players and institutional investors

  • Sustainable economy templates for game devs created by experts

  • Game asset stats to help you trade and invest better

Tegro’s Web3 games roadmap includes the Tegro marketplace, market SDKs, asset stats and APIs crafted by a founding team with deep experience in making games and designing economies for a global audience.

Continue Reading
Advertisement

Asia

BETBY Press Release for Publication

Published

on

betby-press-release-for-publication
Reading Time: < 1 minute

Betby, a premium sportsbook supplier, will be restoring its busy routine of travelling to international expos with its team of experts attending SiGMA Asia, in Manila, on June 3-5.

Considered as one of the biggest igaming gatherings in the Asian part of the world, Betby will be showcasing its premium sportsbook solution and products, including its proprietary Betby Games esports feed, and AI-based sportsbook tools under the umbrella of “AI Labs”.

Kirill Nekrasov, Head of Betby Games, will also be joining a panel of leading experts discussing in detail the growth of the eSports market. Together with his peers Nekrasov will also be discussing the inclusion of eSports in major sporting events, how it aids the diversification of revenue streams for operators and the potential implications for gambling sectors.

Betby will be showcasing its products alongside its ground-breaking solution for the Asian continent on June 3-5 welcoming all visitors at Stand B804.

Advertisement

The post BETBY Press Release for Publication appeared first on European Gaming Industry News.

Continue Reading

Asia

QTech Games hosts SiGMA Asia Invitational Charity Golf Day; support local orphanages in Philippines

Published

on

qtech-games-hosts-sigma-asia-invitational-charity-golf-day;-support-local-orphanages-in-philippines
Reading Time: 3 minutes

QTech Games and Song88, two powerhouses of the emerging markets and Asia-facing landscape, have renewed their support for the SiGMA Asia Invitational Golf Day, a popular charity event that kick-starts the influential iGaming summit which runs from 3-5 June in Manila.

Having hosted the inaugural event last year to universal acclaim, this golf day not only lifts the curtain on one of the sector’s best-attended C-Suite conferences, but also raises vital funds for a broad spectrum of good local causes throughout the Philippines at a challenging economic time.

In 2023, The event donated over $20,000 (1million PHP) through the SiGMA Foundation to help people in need – and could not have been done without the support of renowned suppliers like Aviatrix, Blueprint Gaming, Continent 8, Naga Games, Dragoon Soft and Habanero, who came together with QTech Games and Song88 to raise the much-needed monies. Now, QTech Games and Song88, alongside their partners, are aiming to match and surpass that total for the SiGMA Foundation at this year’s renewal, which will again be held on the opening morning of SiGMA Asia at the magnificent Club Intramuros Golf Course, where jaw-dropping cityscape views intersect with a stunning layout which is carved out around the historic ancient walls of Manila.

In recent months, QTech Games’ videography team has visited the Jose Depiro Formation Center, run by the inspirational missionary priest Joseph Cremona, who is doing such great work to deliver health, housing and education for local low or no-income families and their children. As chronicled in this short video, last year’s funds have already been put towards building two new houses as part of an effort to improve local accommodation and create a hub where its beneficiaries can find security, schooling and an environment in which they can thrive. As part of this ongoing charitable initiative, monies have also been donated to extend an existing concert hall and provide quality new instruments with which promising young musicians can help foster an inspirational and cohesive community for the future.

Advertisement

The golf day will again be organized and held in partnership with Song88, the rising-star sportsbook taking the Far East by storm with a wide variety of sports, exciting player-orientated markets and the latest betting features. Song88 has quickly become one of Asia’s most popular new sportsbooks, painstakingly designed for the demands of Asian customers.

For its part, QTech Games continues to lead the way across developing territories worldwide, thanks to its ever-expanding reach, proprietary gaming tools and services, 24/7 support, and advanced AI technology which combine to bolster its partners’ offerings and elevate the customer experience. QTech Games is setting the gold standard, redefining the future of the online casino industry, with effortless distribution from its definitive one-stop-shop approach for online casino operators, underscored by 80+ providers, over 5,000 casino games and 1,000+ live tables, and counting.

Priest Joseph Cremona said: “We initially set up a music school to help children who would otherwise be idle on the roads, helping to give them a direction in life and develop their talents. Now, though, with the help of the SiGMA Foundation, we are doing so much more in the local community and it’s fantastic to see QTech Games and Song88 taking a real interest beyond their helpful donation and pledging to do more again this year. I am of the mindset that you give the rod, not the fish. No-one here wants to live on handouts, they only want the tools and the chance to work their own way out of poverty and provide a better, more sustainable future for current and coming generations.”

The leadership team at QTech Games and Song88 commented: “We’re really looking forward to welcoming friends old and new back to our charity golf day which, of course, doubles as a fantastic networking event and an important platform for local children’s causes. It’s a fun and relaxed way to start the show for our partners and peers, and we plan to hold more of these clubbable get-togethers at forthcoming industry summits.”

“Priest Joseph has been an inspirational figure here over the past 20 years, and our shared vision is to establish a safe sanctuary that promotes health and education to define more promising pathways for local children’s futures. We will continue to work in lockstep with SiGMA and Song88 to create a closer connection around similar charitable efforts which combine business with the pleasure of giving. This industry Invitational always pays fitting testimony to the spirit and camaraderie of the iGaming sector.”

Advertisement

SiGMA Asia added: “Asia’s iGaming pulse beats fastest in Manila. And this June we’re gathering the best in business: from decision-making government officials to an impressive C-suite of industry heavyweights and even some celebrity influencers. SiGMA Asia is leading the charge for change – and charitable projects like this golf day are just the start of how we are returning value to the local communities in which we operate.”

The post QTech Games hosts SiGMA Asia Invitational Charity Golf Day; support local orphanages in Philippines appeared first on European Gaming Industry News.

Continue Reading

Asia

Key Market Entry at a floor price of $4.5 Million, Casino.jp is on the Market Amid Japan’s iGaming Expansion.

Published

on

key-market-entry-at-a-floor-price-of-$45-million,-casinojp-is-on-the-market-amid-japan’s-igaming-expansion.
Reading Time: 2 minutes

 

In an unprecedented move within the iGaming and domain sectors, the sought-after domain name Casino.jp is now open for acquisition for the first time. With a starting price of $4.5 million USD, this domain represents a rare entry point into Japan’s burgeoning gambling market, facilitated by an enterprise-oriented domain brokerage, Domainer.com.

Japan, with its complex gambling laws, is on the brink of a gaming revolution, highlighted by the 2023 approval of the $8.1 Billion casino-centred integrated resort in Osaka. Set to open in 2029, it is a collaboration between MGM Resorts and Orix, as reported by Reuters. This venture is rekindling interest among major operators and investors, eager to explore the untapped Japanese market.

The Catalyst Behind the Buzz

Advertisement

Why should the iGaming and domain communities take notice? For starters, the anticipated opening of the Osaka Resort in 2029 is set to shake up the Asian gambling landscape, currently dominated by Macau. With Macau generating over $22.7 billion USD in 2023 alone, the new resort poses a formidable challenge, promising to divert significant revenue streams with its projected annual earnings of $3.5 billion USD, almost half of that reported by Las Vegas entirely in 2023.

Domain Names: The Gateway to Industry Dominance

The value of premium gambling domain names cannot be overstated, having commanded staggering sums in the past. Icons like Slots.com and Casino.com were sold, in 2010 and 2003 respectively, for as much as $5.5 million USD each, underscoring the critical role of a powerful domain in establishing market presence. “Choosing the right domain is the first step in making a bold market entry,” states Ian Garner Chief Domain Officer of Domainer.com, emphasizing the importance of domains in branding and market visibility. Domainer.com’s recent $15 million USD brokerage of a deal for NFTS.com further illustrates the high stakes involved in domain trading.

Navigating Japan’s Gambling Regulations

While Japan’s gambling laws are currently restrictive, the government is progressively legalizing new forms of betting, including sports-related activities like horse races, boat races, and indoor cycling. However, the online gambling scene remains tightly controlled, with the anticipated legalization in some sectors sparking a significant potential for growth. As regulations evolve, early investment in a domain like Casino.jp could position an entity advantageously, ready to capitalize as the market opens further.

Advertisement

In Conclusion:

Casino.jp is more than a domain—it’s a key to unlocking Japan’s lucrative, yet tightly regulated gambling industry. This is a strategic call to entities poised to establish a foothold in a market on the cusp of substantial regulatory changes. Interested parties are encouraged to contact Ian Garner through Casino.jp’s contact page or directly via Domainer.com to explore this unparalleled investment opportunity.

 

The post Key Market Entry at a floor price of $4.5 Million, Casino.jp is on the Market Amid Japan’s iGaming Expansion. appeared first on European Gaming Industry News.

Advertisement
Continue Reading

Trending

Get it on Google Play

Offering comprehensive coverage on all aspects of the gaming sector, our daily posts include online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Gaming News Room is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania