Philippines-listed gaming technology provider PhilWeb Corp reported a sharp year-on-year increase in revenue for the first quarter of 2026, driven by its eGaming services segment and supported by new regulatory accreditation and partnerships.
Revenue for the three months ended March 31 reached nearly PHP233.1 million ($3.9 million), up 30.4 percent from a year earlier, according to its quarterly filing. The growth helped the company return to profitability, posting net income of PHP13.9 million ($230,000), compared with a net loss of PHP25.5 million ($430,000) in the same period last year.
The company said revenue expansion was primarily supported by its e-Gaming Solutions business, which provides technology and operational services to licensed gaming operators.
Operating performance also improved. EBITDA reached PHP23.5 million ($390,000), reversing from negative PHP3.0 million ($0.05 million) a year earlier. Costs and expenses rose to PHP215.1 million ($3.6 million) from PHP176.9 million ($3 million), driven by ongoing business expansion, but were offset by stronger top-line growth.
PhilWeb highlighted that during the quarter it secured accreditation from the Philippine Amusement and Gaming Corp (PAGCOR) as a gaming affiliate and support service provider. The filing stated: ‘This accreditation enables the company to deliver technology and operational services to licensed gaming operators within PAGCOR’s regulated ecosystem.’
The company has recently expanded its partnerships, working with integrated resort operators such as Newport World Resorts and Okada Manila in Metro Manila, as well as Hann Resorts in Clark, and gaming equipment provider FBM Philippines. It also supplies electronic gaming systems to PAGCOR-accredited venues and operates within the electronic bingo segment.
The company also formed strategic partnerships with several casinos for the operation and management of regulated online gaming platforms. ‘Under these agreements, the group provides end-to-end operational and technology services, including systems integration and regulatory-compliant support,’ it said.
PhilWeb noted that its platform allows licensed operators to access a range of digital gaming content and infrastructure, reinforcing its role within the regulated gaming value chain.
The company said it will focus on expanding partnerships, enhancing platform capabilities, and leveraging its PAGCOR accreditation to grow within the regulated gaming market.
Kambi Group’s esports division Abios has signed a multi‑year data partnership with Google, under which it will supply its leading esports data coverage to power and enhance a range of Google products and user experiences.
Under the agreement, Abios’ comprehensive esports data will soon launch on Google across the four most popular global esports titles — League of Legends, Counter-Strike, Dota 2 and VALORANT. The data package spans scheduling, fixtures, competitive statistics, player and team data, and scoring information, enabling Google to bring richer esports features to millions of fans worldwide via products including Google Search and the Google App.
Werner Becher, CEO, Kambi Group
Abios delivers enterprise-scale esports solutions worldwide, including odds, widgets, and data feeds across all major esports titles. As a leading esports data provider, the Kambi esports division combines deep domain expertise with robust infrastructure to help partners engage with esports fans at scale with extensive, accurate, and title-specific data.
Commenting on the landmark collaboration, Werner Becher, CEO of Kambi Group, said: “Partnering with Google is a significant milestone for Kambi and Abios, and a strong endorsement of the advanced data infrastructure and expertise we have developed over many years. With Google’s global scale, this collaboration will help elevate the way esports data is accessed and experienced by audiences around the world.”
Marvin Brischke, EMEA Sports Partnerships Lead at Google, added: “Esports continues to grow in popularity globally, and we’re pleased to work with Kambi and Abios to improve the breadth of esports information available to our users.”
Bally’s Intralot S.A. has announced that its Canadian subsidiary, Intralot Canada Ltd., has signed a new contract with the British Columbia Lottery Corporation (BCLC) for the provision of Shared Services, an integrated model governed by BCLC, to accelerate the continued evolution of its lottery technology and strengthen lottery operations.
Under the agreement, Intralot Canada will deliver end-to-end operational and technical support across BCLC’s lottery technology, encompassing both lottery and tech operations.
The contract further includes structured roadmap delivery for the ongoing enhancement of lottery technology and the seamless integration of new capabilities — ensuring BCLC remains at the forefront of lottery innovation.
Pat Davis, President and CEO of BCLC, stated that the collaborative Shared Services model represents a significant advancement in BCLC’s digital transformation journey, adding that the corporation looks forward to continuing its partnership with Bally’s Intralot to build a more efficient, streamlined, and resilient operating framework that delivers an elevated experience for players across both retail and digital channels.
“This contract builds on the long-standing successful partnership between BCLC and Bally’s Intralot, and enhances our presence in the Canadian market,” said Robeson Reeves, CEO of the Bally’s Intralot group. “We are committed to delivering our best-in-class, fully integrated Shared Services model in support of the responsible growth of the Lottery and the good causes it serves across the Province. This is an exciting new chapter for both organizations, and we look forward to the journey ahead.”
Creedroomz has lifted the curtain on the most ambitious and visually stunning live casino production in its portfolio, Road to El Dorado. With its official launch, the legendary search for gold ends and a new era of entertainment begins.
What lies beyond the Road to El Dorado Wheel?
This isn’t just a new title, it is the biggest game show ever produced by Creedroomz. The Road to Eldorado is a powerhouse game show that mixes an epic story with four huge bonus rounds, making every spin feel like a new adventure for the player.
Players begin their quest in a cinematic, Aztec-themed environment before being transported into a breathtaking, gold-clad studio where a massive wheel of fortune dictates their destiny.
The wheel has 54 segments with numbers 1, 2, 5, 10, plus four bonus spots. Each segment has its own payout multiplier, while bonus spots offer extra winning opportunities.
Unprecedented Bonus Rounds
At the heart of this gold-rush experience are four industry-defining bonus games, each offering a unique visual and mechanical thrill:
Marble Race: A physical marble located right in the studio, where gravity determines the gold. Players choose one of four marbles and watch them race. The higher their marble finishes, the larger the payout with up to 6,250× multiplier.
Boom Blast: A fully immersive, high-definition 3D visual experience that pushes the boundaries of game-show graphics. Players choose one of three cannons with different volatility. Multipliers range up to x100 on low risk and up to x500 on high risk.
Dice Fight: A high-stakes clash played out on a massive, state-of-the-art LED screen, guided by our professional game presenters. Each diсe gets a random multiplier up to 10,000x, the highest wins. Ties double multipliers and trigger rerolls until a winner!
Eldorado: The crown jewel of the quest. A multi-tier multiplier climb where players must find hidden diamonds to Ascend & Multiply, unlocking a 5th level “Zenith” for legendary payouts. Players pick one box per level across four levels, each box holds a multiplier, all of them combine into the final payout. Find enough hidden diamonds to unlock the fifth stage and claim even bigger rewards.
After bets close, a random number or bonus segment may receive a multiplier up to x50. This multiplier boosts potential winnings and creates chances for big hits on any spin.
“With Road to El Dorado, we didn’t just want to build a wheel; we wanted to build a world,” said Arturs Fjodorovs, CPO at Creedroomz. “By combining physical studio elements with RNG-driven 3D visuals, we’ve created a multi-layered experience that offers something for every type of player. It is a true spectacle for operators and a goldmine for engagement.”
3 Oaks Gaming, an established distributor of iGaming content, has introduced Flexible Free Spins to its promotional tools kit, designed to enhance player choice and engagement within a structured reward framework.
Flexible Free Spins are awarded based on a total value, giving players the freedom to choose how they wish to use their spins from up to 20 available options. Unlike traditional fixed Free Spins, this solution allows players to select from multiple combinations of bet size and spin count, all within the same allocated budget.
Each option is mathematically pre-calculated to ensure it remains strictly within the defined value, offering a controlled and consistent experience while elevating the user experience.
When the award is granted, players are presented with a modal pop-up selection screen displaying the Free Spins options. The default state highlights the median choice, representing a balanced position between the minimum and maximum bet and spin combinations.
With the launch of Flexible Free Spins, 3 Oaks Gaming continues to expand its promotional toolkit with engaging features that deliver greater value for operators and increase the entertainment factor for their player base.
Anna Nozdran, Acting Product Owner at 3 Oaks Gaming, said: “Flexible Free Spins deliver a fresh take on the traditional bonus setup within an online slot, providing players with greater control over their gameplay experience that suits their preferences. Every option is pre-calculated within the same budget, ensuring consistency for operators while offering a more dynamic experience for players. We firmly believe this new addition will complement the existing 3 Oaks Gaming portfolio and deliver greater value for our partners.”
Galaxsys, an innovative games studio, has announced the launch of its latest slot game, Deep Sea Wild, an underwater adventure that brings players into a 5×5 grid world where dynamic Snake and Fish interactions create a unique gameplay experience.
With expanding Wilds, progressive multipliers, and a Bonus Game built around the Snake’s pursuit of Fish, Deep Sea Wild offers layered engagement and high win potential of up to 5000x.
Blending classic reel mechanics with modern feature-driven dynamics, the game delivers player-controlled multiplier progression, multiple bonus entry points, and a Buy Bonus option for added flexibility. Visually rich and strategically engaging, Deep Sea Wild captures the tension of underwater chases while offering unpredictable and rewarding outcomes.
Deep Sea Wild Features and Highlights
Dynamic Wild Interaction
Snake and Fish Wild symbols trigger interactive movement that transforms symbols into Wilds and refreshes the grid.
Snake Hunt Feature
When Snake and Fish land together, the Snake follows a defined path, converting symbols into Wilds before consuming the Fish and resetting the board.
Multiplier Progress System
Trident symbols unlock multipliers from 5x up to 1000x, activated independently by the player.
Bonus Game & Buy Bonus Option
Triggered via Scatter symbols or Buy Bonus, the Snake grows by consuming Fish, expanding Wild coverage and enabling multipliers up to 128x.
Deep Sea Wild is another example of Galaxsys’ commitment to delivering player-first innovation, combining visually stunning graphics, immersive audio, and interactive mechanics that encourage strategic thinking and engagement.
On May 25–27, the Affiliate Conference MAC will turn Yerevan into the world capital of traffic arbitrage. While thousands of MAC participants fill lounge areas and local bars, the industry’s real value will be measured elsewhere. At the center of events, at the closed giveaway final from 1xAffiliates, only those who managed to turn their experience into real numbers will gather.
The event goes beyond regular networking. It becomes a real proof of leadership, high status, and professional achievement, with the legendary Rolex GMT-Master II watch as the main prize.
This is the choice of global celebrities such as Roger Federer, Cristiano Ronaldo, Benjamin Affleck-Boldt, and others. The watch represents global thinking and the ability to stay in touch with events anywhere in the world. Its Oystersteel case and signature Cerachrom ceramic bezel make it almost timeless, just like high-quality traffic that delivers steady income.
The giveaway of iconic watches will take place among five shortlisted participants. The path to the season’s main trophy and participation in the closed 1xAffiliates event consists of three stages.
Stage 1. Qualification round (March 15 – April 14)
To enter the pool of candidates, the partner must bring in at least 200 new users (FTD) within one month.
Stage 2. X-Chance accumulation: scaling up the chances (from April 15)
Every additional 10 FTD is converted into a virtual ticket – X-Chance.
Stage 3. Grand final in Armenia (May 25–27)
The culmination of the marathon will take place in Yerevan at the MAC conference. Based on the final statistics, the top contenders will be selected, leaders in accumulated X-Chance. The winner’s name will be announced at the closed 1xAffiliates evening at the end of May. In addition to the award ceremony, the event will serve as a platform for sharing insights and analyzing key performance cases that helped participants reach finalist status.
Guaranteed profit: Game with no losers
We’re making the path to the final even more enjoyable! Every week, active partners take part in a 2,000 USDT giveaway. Stay sharp, performance has its own reward.
The organizers from 1xAffiliates built the event on a system where it is impossible to end up in a loss. Every finalist will be guaranteed a crypto wallet with a balance of 3,000 USDT.
In the iGaming niche, time is a resource that grows more valuable every minute. Only a short time remains until the final countdown. It is being decided who the participant in the Yerevan conference will be: a spectator in the hall watching colleagues’ success, or the main star of the evening on stage.
April 14 is the deadline. Those who manage to reach the required 200 FTD will secure their place in the history of our brand.
Your time is valuable, but the Rolex GMT-Master II is capital that can be passed down through generations. See you in Yerevan, where numbers turn into legends. Don’t delay registration: join today – we also give away an additional 2,000 USDT every week!
Kjerulf Ainsworth has raised governance concerns at Ainsworth Game Technology (AGT) while advancing proposals for board changes and dividend reform, as part of his ongoing takeover bid for a 5.5 percent stake.
In a second supplementary bidder’s statement released on Tuesday, Kjerulf Ainsworth outlined his position on upcoming shareholder resolutions and confirmed his offer will remain open until April 27th at 7pm Sydney time unless extended or withdrawn.
Kjerulf Ainsworth said he would support a proposed amendment to tighten director remuneration and disclosure requirements, describing it as a “positive” step for governance. However, he opposed a separate resolution to renew proportional takeover provisions, arguing it could “restrict the ability of other parties… to offer AGT shareholders an opportunity” to sell shares and may entrench existing control.
In parallel, he has nominated former AGT chief executive Lawrence Levy as an independent non-executive director, with the intention of later supporting his appointment as chairman.
Kjerulf Ainsworth said Levy would bring “valuable continuity and strategic insight” to the company’s next phase of development.
Kjerulf Ainsworth also signaled plans to push for a constitutional amendment to mandate dividend payments, noting that the company has not paid dividends since October 2018 despite reporting growth. He said the continued withholding of returns “raises a legitimate question” about whether the board has appropriately balanced reinvestment and shareholder returns.
The developments come amid a long-running control contest with Novomatic, AGT’s majority shareholder since 2018. Kjerulf Ainsworth, a significant minority investor and son of founder Len Ainsworth, has consistently opposed efforts to consolidate ownership, positioning his bid as a move to improve governance and protect shareholder value.
Hong Kong authorities have suspended plans to introduce regulated basketball betting, citing concerns that the move could encourage greater participation in illegal gambling linked to rapidly growing “prediction markets.”
The government said it would halt the initiative and conduct further study to safeguard public interest. The decision comes as the Home and Youth Affairs Bureau said on Monday night that, under current conditions, launching basketball betting would likely attract more attention to unregulated prediction market platforms. Officials warned that such platforms, particularly those involving sports wagering, could indirectly fuel illegal gambling activities.
Officials added that the rapid development of prediction markets has introduced significant uncertainty to the gambling landscape. Data cited by the government showed global trading volume reached $64 billion in 2025, up 300 percent from $16 billion in 2024, while monthly volumes surged from less than $100 million at the start of 2024 to more than $13 billion by the end of 2025.
In the coming years, monthly trading volumes are projected to increase fivefold by 2030, with more than 40 percent of activity expected to be linked to sports-related events. Authorities said that, given these trends, introducing basketball betting at this stage could draw more users toward illegal prediction market platforms and indirectly support unregulated activity.
“Given the latest developments, there is a need to further study the operation of prediction markets and related platforms,” a spokesperson said. “To protect public interest, new gambling initiatives should not proceed until the necessary conditions are in place.”
Legislative groundwork for basketball betting
Hong Kong had previously moved toward legalizing basketball betting through legislative changes aimed at channeling demand into a regulated framework. In September 2025, the Legislative Council passed the Betting Duty (Amendment) Bill 2025, introducing a 50 percent tax on net stake receipts, in line with the existing rate for soccer wagering.
The bill cleared its third reading with 77 votes in favor, two against, and two abstentions among 83 lawmakers present. The legislation empowers the Secretary for Home and Youth Affairs to issue licenses for basketball betting, with the Hong Kong Jockey Club widely expected to serve as the sole licensed operator under a model similar to horse racing and football betting.
Authorities said the proposal was not primarily intended to generate government revenue, but to establish a regulated channel to curb illegal gambling. Estimates cited during the legislative process suggested that unauthorized basketball betting turnover could reach as much as HK$90 billion ($11.47 billion) annually.
According to projections by the Hong Kong Jockey Club (HKJC), the introduction of legal basketball betting could generate annual turnover of around HK$28 billion ($3.57 billion) once fully implemented. This would translate into approximately HK$1.5 billion ($191 million) in annual betting duty for the government under the proposed tax structure.
In response to media inquiries, the Hong Kong Jockey Club said it acknowledged the government’s decision and would cooperate with the review. The operator added it would await further instructions regarding any future licensing arrangements.
How prediction markets work
Prediction markets are platforms that allow users to trade on the likelihood of future events, effectively turning forecasts into financial positions. Participants can bet on a wide range of outcomes, including political developments, economic indicators, and sports results such as match winners or championship outcomes.
Unlike traditional sports betting, where odds are set by an operator, prediction markets function more like exchanges. Prices are driven by supply and demand, reflecting the collective view of participants on the probability of an event. Contracts are typically priced from zero to 100, indicating the perceived percentage chance of an outcome.
For example, a contract on whether a team will win a major tournament may trade at 75, implying a 75 percent probability. If the outcome occurs, the contract settles at 100; if not, it falls to zero. Prices can shift rapidly in response to new information, such as injuries or match performance, allowing users to adjust positions in real time.
Most platforms enable continuous trading and often operate using blockchain technology, facilitating cross-border participation and, in some cases, anonymous transactions. Widely used platforms such as Polymarket and Kalshi have gained prominence in recent years, with similar structures increasingly applied to sports outcomes, raising regulatory concerns over potential unlicensed betting activity. The structure of such platforms has also raised concerns over regulatory gaps, particularly in jurisdictions where existing gambling laws may not fully apply.
