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SOFTSWISS LinkedIn Live Panel: What stops casino operators from launching a sportsbook?

SOFTSWISS will host its second LinkedIn Live Panel on 29 April 2026, bringing together experts in data analytics, esports betting, media, and sportsbook product development.

The session explores why many casino operators remain hesitant to launch a sportsbook and whether those concerns are justified. Industry professionals can submit questions in advance, with selected topics addressed live.

Real Barriers or Myths?

Sports betting is one of the fastest-growing verticals in iGaming, yet many casino operators still have not launched a sportsbook. The same concerns surface repeatedly. This panel will put each one to the test.

Topics the Panel Will Tackle
  1. Operational complexity
  2. Audience overlap
  3. Bettor value
  4. Margin volatility
  5. Integration risks

Live on LinkedIn: 29 April 2026

The session, What Stops Casino Operators from Launching the Sportsbook: Myths vs. Reality,will be held on 29 April 2026 at 14:00-15:00 CET on LinkedIn Live. The Live Panel is open to all iGaming professionals with free registration available on the LinkedIn event page.

Industry Challenges Through Expert Eyes

SOFTSWISS has created a space where experts from Oddin.gg, Bambi Data, Revpanda, and SOFTSWISS Sportsbook give operators a clear path forward on these concerns from multiple perspectives – including data analytics, esports betting, industry media, and sportsbook product development.

SOFTSWISS

Speaking about the initiative, Olga Resiga, Chief Business Development Officer at SOFTSWISS, shared: “ We bring together unique experts who each add value to this conversation from a different angle. We want operators to concrete, experience-led perspectives they can apply to their own evaluation process. Our goal is to help operators reach their goals in regulated markets, and hosting this kind of open industry dialogue is part of how we support operators beyond the technology itself.”

Ahead of the session, industry professionals can submit their most pressing sportsbook-related questions for consideration by the panel. Selected questions will be addressed live during the session.

Behind The Gloves creates Advisory Board to drive its next phase of expansion

Behind The Gloves, the purpose-driven fitness and wellness initiative, has formed an official Advisory Board, kickstarting its transition from event-led activations to a scalable, long-term business and community.

The organisation seeks to build stronger communities through boxing, fitness and wellness-inspired training and discipline, hosting popular early-morning sessions at industry events that energise teams and make a measurable social impact.

The creation of the Advisory Board represents the next major step in Behind The Gloves’ growth strategy, with the industry leaders bringing deep expertise to drive the organisation’s expansion into new verticals, such as corporate wellness programmes, brand partnerships and future digital products.

Behind The Gloves Advisory Board Members

  • Michael Brady, Founder and Chairman of Bede Gaming and Chairman of Connexus Group, brings extensive experience in building and scaling successful businesses.
  • Rob Fell, CEO of RiskCherry, who offers strong expertise in regulatory strategy, commercial growth, operations, product and market positioning,
  • Katie Byers, former SVP of People and Capability at Light & Wonder, has supported organisations through periods of significant change, talent strategies, and by building purpose-led, high-performing teams.

The next step in its development will allow Behind The Gloves to continue as a ‘business for good’ with a commitment to reinvesting a portion of its profits into community initiatives and charitable causes.

Lee McFarland, Founder of Behind The Gloves, said: “The foundation of our Advisory Board reflects Behind The Gloves’ commitment to building a strong business that can expand globally and reach more people than ever. We’re thrilled to welcome Katie, Rob and Michael to the Board and look forward to leveraging our industry’s unmistakable energy to support good causes and deliver accessible activities for all fitness levels on a larger scale.”

Online gaming overtakes casinos as Philippine GGR rises 6.39% to $6.61B in 2025

The Philippine gaming industry recorded gross gaming revenues (GGR) of PHP396.14 billion ($6.61 billion) in 2025, marking a 6.39 percent increase from PHP372.33 billion ($6.21 billion) in 2024, according to a press release from the Philippine Amusement and Gaming Corporation (PAGCOR)

Growth in the online and electronic gaming segment offset declines in revenues from traditional brick-and-mortar casinos, with the segment emerging as the industry’s largest contributor.

SOFTSWISS

The electronic and online gaming segment — including E-Bingo, E-Games, Bingo Grantees, and onsite and offsite poker — generated PHP201.12 billion ($3.35 billion) in revenues, up 30.04 percent from PHP154.66 billion ($2.58 billion) in the previous year.

“The E-Games and online gaming segment accounted for 50.77 percent of total industry GGR,” said PAGCOR Chairman and CEO Alejandro H. Tengco. “It has overtaken licensed casinos as the largest GGR contributor.”

In contrast, revenues from licensed casinos declined by 9.58 percent to PHP182.50 billion ($3.04 billion) from PHP201.84 billion ($3.37 billion) in 2024. PAGCOR-operated casinos also reported a drop in revenues, totaling PHP12.52 billion ($209 million), reflecting a 20.95 percent year-on-year decrease.

Tengco said the 2025 GGR results highlight the increasing importance of online gaming to the industry’s overall performance.

SOFTSWISS

“The increase in electronic gaming revenues shows how the industry has evolved,” he said. “Online gaming is no longer a supplementary segment but has now become the leading driver of overall GGR growth.”

He added that the growth in electronic gaming revenues came despite a temporary slowdown in the third quarter of 2025 following the de-linking of e-wallets, which disrupted player access and payment channels.

According to Tengco, adjustments to digital payment systems were implemented to improve transaction traceability, enhance player protection, and strengthen confidence in regulated online gaming.

“The 2025 GGR performance underscores the importance of regulatory balance as the industry evolves,” he said.

“Our objective is not simply to grow revenues, but to ensure that growth is sustainable, transparent, and compliant because of a stronger regulatory environment that supports the long-term stability of the gaming industry.”

Hard Rock Bet Casino Michigan player hits $224,944 Mega Jackpot

Hard Rock Bet has announced that a Michigan casino player won a $224,944 Mega Jackpot, marking the latest landmark payout on the platform and continuing a remarkable run of six‑figure wins for players in the state.

The win comes just weeks after another Michigan player claimed a $223,889 Mega Jackpot — the largest in-app jackpot win on Hard Rock Bet thus far.

The winning spin occurred on the evening of April 8 on 5 Star Coins Hold & Win, a high-energy slot title from Octoplay. Kimberley D., a resident of Au Gres, Michigan, was playing at $3.20 per spin and contributing just $0.10 per spin to the jackpot pool when her spin triggered the Mega tier.

Kimberley registered on Hard Rock Bet in December and has been a consistent player across a wide variety of titles at varied bet levels. She remained opted into Hard Rock Bet Jackpots throughout the jackpot cycle and was in the game when it mattered most.

“Kimberley represents exactly the kind of player Hard Rock Bet Jackpots was designed for,” said Rich Criado, VP of Casino at Hard Rock Digital. “Since joining us in December, she’s been a consistent player—and on an otherwise ordinary Tuesday night, one spin changed everything. We couldn’t be happier for her.”

Hard Rock Bet’s proprietary jackpot system features four progressive tiers (Mini, Minor, Major, and Mega) available across thousands of eligible slot titles. Players opt in by adding $0.10 to each spin, with contributions pooled across all participating players to grow jackpot prizes.

Unlike traditional bonus-triggered jackpots, every eligible spin carries a random chance to win — no special symbols or bonus rounds required — creating an accessible system where any player, on any spin, can win.

Hard Rock Bet launched in Michigan in late 2025 and has expanded its offering to more than 3,700 casino game titles alongside a full-featured sportsbook, establishing itself as a leading mobile gaming destination in the state.

Manavia launches Data Asset Foundation services for gaming operators

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The proposed regime, set out in the Foundations (Amendment) Bill 2025, is designed to establish a statutory structure through which data can be formally defined, governed, and utilized as an asset. The framework which is due to come into force in the summer represents one of the most advanced attempts globally to address how data is recognized and deployed within legal and commercial systems.

Manavia’s new offering provides end-to-end support for organizations seeking to explore and implement DAF structures, including legal design, governance frameworks, and ongoing administration. The service is aimed at both early-stage participants in the Isle of Man’s pilot program and operators positioning themselves ahead of wider market adoption.

Manavia-Corporate-Trust-Services, Isle Of Man

At its core, the DAF model is intended to allow organizations to move beyond treating data as an operational by-product and instead structure it within a defined legal environment. Through formal dedication and registration processes, datasets can be organized into clearly defined data assets, with their scope, permitted uses, and access rights explicitly set out and governed.

How Data Asset Foundations Shape Organizational Outcomes

For the gaming sector, the implications could be significant. Operators generate large volumes of high-value data, including player behavior, transaction histories, fraud detection models, and loyalty program analytics, but have historically lacked a consistent legal framework through which to structure, control, and derive value from those datasets.

Under the proposed DAF approach, such datasets could be placed within a dedicated legal structure designed to enforce governance, auditability, and controlled utilization. Rather than transferring or exposing raw data, the framework is intended to enable controlled access and use within defined parameters, supporting more structured and secure data-sharing models.

Isle-of-man

This, in turn, may open the door to new forms of commercial activity. Subject to applicable accounting, regulatory, and market developments, operators could explore structured licensing arrangements with technology partners, analytics providers, and research institutions, allowing data to be deployed more actively while maintaining oversight and protection of sensitive proprietary information.

Miles Benham, Managing Director of MannBenham, said: “Gaming businesses have spent years building data estates that are genuinely valuable, but have not had a clear legal framework to structure and recognise that value. The Data Asset Foundation initiative is designed to address that gap. While the regime is still in its implementation phase, we are already seeing strong interest from operators who want to be early movers and position themselves ahead of wider adoption.”

As global regulatory and commercial frameworks continue to develop around data governance, valuation, and cross-border use, the Isle of Man’s approach is positioning itself at the forefront of efforts to establish a structured, legally grounded data economy. For data-intensive sectors such as gaming, the ability to define, control, and utilize data within a formal legal framework may become an increasingly important strategic differentiator.

Macau finance secretary Tai Kin Ip resigns unexpectedly

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Macau’s Secretary for Economy and Finance, Tai Kin Ip, has resigned from his post for personal reasons. He oversaw the city’s gaming industry, with the regulator, the Gaming Inspection and Coordination Bureau (DICJ), falling under his portfolio.

The move comes just ahead of the chief executive’s planned visit to Portugal with a Macau business delegation, which will mark his first overseas trip since taking office.

In a statement released by the Office of the Secretary for Economy and Finance, Tai said he had earlier formally requested to step down, expressing gratitude to the central government and the chief executive for their trust and support during his tenure.

He added that he will continue to support the administration and the city’s development efforts.

Chief Executive Sam Hou Fai acknowledged Tai’s contributions since taking office, noting that he had led the economic and financial policy portfolio in line with the government’s agenda and helped advance related initiatives.

Tai assumed the role in December 2024 after previously serving as director of the Economic Bureau. His tenure coincided with ongoing efforts to steer Macau’s economic diversification and manage developments in the gaming sector.

The government said it has begun the process of nominating a successor. Until a new appointment is confirmed by the central authorities, the chief executive will temporarily assume the responsibilities of the position.

Daily Asia Gaming eBrief: PAGCOR flags oil price drag on gaming

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Good morning. Challenges seldom come alone. Fuel cost pressures are starting to ripple through the Philippine gaming sector, with PAGCOR noting that rising oil prices are affecting demand, operations, and the broader industry ecosystem. The regulator also signaled that structural changes, including potential privatization, remain under review. Meanwhile, Hong Kong’s Jockey Club has reportedly invested about $128 million in basketball betting preparations, including $51 million already spent on systems, before the government paused the rollout ahead of a planned September launch.

What you need to know

On the radar


AGB Intelligence

Manila, Philippines, Asia, PAGCOR flags oil price drag on gaming

PAGCOR warns fuel cost surge pressuring Philippine gaming demand

The Philippine Amusement and Gaming Corporation (PAGCOR) said higher oil prices are beginning to drag on the Philippine gaming industry, influencing operations and player spending. Chairman Alejandro H. Tengco noted similar pressures in global markets, including Singapore and Macau. The cost surge is also affecting suppliers and partners. Despite challenges, PAGCOR stressed the need for industry cooperation and said it remains prepared to adjust, while a potential privatization is still under consideration.

Industry Updates


INTELLIGENCEASEAN | AWARDSCAREERS | EVENTS

Aristocrat Gaming debuts MONOPOLY Big Board Bucks at Yaamava’ Resort & Casino

Aristocrat Gaming has brought MONOPOLY Big Board Bucks to North America, and Yaamava’ Resort & Casino at San Manuel kicked off the debut with an unveiling that matched the excitement of the iconic brand—now reimagined for today’s casino floors.

MONOPOLY Big Board Bucks is the first game title released by Aristocrat Gaming, under its newly awarded multiyear licensing partnership with Hasbro. Powered by the company’s industry-leading innovation, this first title brings nostalgia, iconic iconography and dynamic gameplay to the forefront.

“We are incredibly proud to see our introductory MONOPOLY title, Big Board Bucks, make its debut on casino floors. The journey to this moment has been filled with energy, excitement, and a deep appreciation for the opportunity to innovate with one of the world’s most iconic brands,” said Craig Toner, CEO of Aristocrat Gaming. “Yaamava’ Resort & Casino truly embraced the significance of being the first to launch, and we’re kicking things off with tremendous momentum. We look forward to the continued excitement from players as the game rolls out nationwide.”

With this landmark game launch, Yaamava’ is hosting its largest promotion to date, culminating on May 29 when one Club Serrano member will receive the biggest single prize in the property’s history — the “Own It All” package valued at more than $1.6 million, including $500,000 toward a mortgage, $500,000 in travel credit, and a Ferrari 296GTS worth over $640,000.

“Launching the World Premiere for MONOPOLY Big Board Bucks gives us the opportunity to do what we do best—deliver next-level entertainment paired with meaningful rewards for our players,” shared Kenji Hall, General Manager, Yaamava’ Resort & Casino at San Manuel. “From the immersive reveal to our largest promotion ever, this launch reflects our commitment to creating moments that feel big, celebratory, and uniquely Yaamava’.”

MONOPOLY Big Board

Aristocrat Gaming debuts MONOPOLY Big Board Bucks at Yaamava’ Resort & Casino

MONOPOLY Big Board Bucks delivers a nostalgic, board‑game‑come‑to‑life experience, complete with classic tokens, Mr. Monopoly, Free Parking, houses, hotels, and the iconic game board. Players engage with three metamorphic features—Extra Spins, Extra Properties, and Extra Houses—that can trigger individually or together, all leading into the Big Board Bucks Bonus.

In this bonus, players move around the board to collect rewards including money bags, properties, houses, hotels, Free Parking, and the GO Jackpot Wheel. A fourth metamorphic, Free Games, activates once its meter is filled, adding another layer of excitement to the gameplay.

MONOPOLY Big Board Bucks by Aristocrat Gaming is available on The Baron Portrait cabinet and is available in a never-before-seen signage package, the Skyline, featuring LED-lit themed panel dividers and dual-tier LED toppers adorned with lit Monopoly signature property game pieces crowning the top.

UAE lottery opens first retail outlet in Abu Dhabi, expanding beyond digital model

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The UAE Lottery has opened its first physical retail outlet in Musaffah, Abu Dhabi, marking a shift toward a hybrid distribution model that combines digital access with in-person participation.

The new outlet, located in the M40 area, allows customers aged 18 and above to purchase tickets on-site for games including Lucky Day Draw and Pick 3. The retail location also offers flexible payment options, alongside staff support to assist both new and existing players with game selection and general inquiries.

The launch represents the first time the UAE Lottery has enabled over-the-counter ticket sales, moving beyond its initial online-only model. The operator said the expansion is intended to broaden access to its products and cater to a wider range of player preferences across the country.

According to the company, participation levels have grown since launch, with the addition of a physical retail presence expected to further increase engagement. The hybrid approach mirrors broader industry trends, where operators seek to integrate digital convenience with traditional retail touchpoints.

All UAE Lottery products fall under the oversight of the General Commercial Gaming Regulatory Authority, which is responsible for ensuring compliance with regulatory standards and maintaining a secure and transparent operating environment. The operator also emphasized its continued focus on responsible gaming, highlighting the availability of player protection tools and resources aimed at promoting informed participation.

Hong Kong Jockey Club reportedly spends $128M on basketball betting ahead of halt

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The Hong Kong Jockey Club (HKJC) has reportedly invested around HK$1 billion ($127.7 million) in preparations for basketball betting, including system development and infrastructure, even as the Hong Kong government has suspended the rollout, according to Hong Kong media HK01. 

The betting service had been projected to launch as early as September this year before the sudden policy shift.

The investment includes HK$400 million ($51.1 million) already spent on building a dedicated basketball betting system, designed to match the sophistication of the Hong Kong stock exchange’s trading platform, with a further HK$600 million ($76.6 million) set to be deployed next month for supporting infrastructure.

Despite the progress, the Home and Youth Affairs Bureau announced on April 13th that it would suspend the implementation of basketball betting. The move aims to allow further study of “prediction markets,” particularly those driven by cryptocurrency, and their potential impact on gambling activities. The timeline for any potential restart remains unclear.

Hong Kong Jockey Club tax betting

The Jockey Club had also recruited about 180 employees to support the initiative, many of them specialists in areas such as odds-making, with around half sourced from overseas. Sources indicated that the operator intends to retain as many of these staff as possible while awaiting the outcome of the government’s review.

If approval is eventually granted, the Jockey Club could be in a position to launch basketball betting within three to six months, with the earliest possible timeline estimated at around three months. This would still allow sufficient preparation time ahead of the new National Basketball Association (NBA) season, which begins in October.

The project had been supported by earlier policy developments. In February last year, Financial Secretary Paul Chan Mo-po signaled support for legalizing basketball betting, followed by a public consultation. The Legislative Council subsequently passed the Betting Duty (Amendment) Bill 2025 in September, laying the groundwork for a licensing framework modeled on existing horse racing and football betting operations.

The Jockey Club previously estimated that legal basketball betting could capture 30 to 40 percent of the illegal market, which is believed to involve nearly HK$100 billion ($12.8 billion) annually. This would translate into around HK$30 billion ($3.8 billion) in turnover and generate approximately HK$1.5 billion ($191.6 million) in tax revenue for the government each year.

Separately, for the 2024/25 fiscal year ending June 30th, 2025, the Jockey Club paid a total of HK$28.8 billion ($3.7 billion) in betting duties and profits tax, including an additional HK$2.4 billion ($306.5 million) annual football betting tax introduced in the prior fiscal year.