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Zitro Digital enters new growth phase in Bulgaria via Efbet.com partnership

Zitro‘s online division, Zitro Digital, has announced a strategic agreement with efbet.com, one of the most established online gaming operators in Bulgaria.

The collaboration will see Zitro Digital’s acclaimed portfolio of slot titles go live across the efbet.com platform, giving players access to some of the industry’s most engaging and proven-performance content.

This deal marks a significant milestone for both companies, combining Zitro Digital’s proven track record in delivering high-quality gaming experiences with efbet.com’s expansive and loyal player base across regulated markets.

Players on efbet.com will now have access to a curated selection of Zitro Digital’s top-performing titles — including ‘King Fu Frog’, ‘Legendary Sword’, and ‘Link King’ — built on the same player-focused engagement mechanics that have made Zitro a leading name in land-based gaming worldwide.

Commenting on the landmark partnership, Lidiya Krasteva, Casino Manager at efbet.com said: “We are pleased to welcome Zitro Digital to our platform. Their titles are a good fit for our players in Bulgaria, and this collaboration reflects our ongoing commitment to offering the best content available in the market. We look forward to building on this partnership.”

“This partnership with efbet.com represents exactly the kind of strategic move that reinforces our growing digital footprint in Europe,” added José Javier Martí, CCO at Zitro Digital. efbet.com has built an outstanding reputation for quality and player trust, and we are confident that our content will resonate with their audience. We look forward to a long and successful collaboration.”

PhilWeb secures exclusive Pragmatic Play gaming services partnership

PhilWeb Corporation has secured exclusive rights to distribute Pragmatic Play‘s gaming content in the Philippines, making it the sole gateway for licensed local operators to reach the Gibraltar-based supplier’s slots and live casino products.

Under the agreement, licensed Philippine gaming operators will be able to access Pragmatic Play’s services only through PhilWeb, the company said in a disclosure filed with the Philippine Stock Exchange on July 9th. The tie-up remains subject to applicable regulatory approvals and contractual arrangements.

Pragmatic Play is described in the filing as a ‘leading multi-product software and service provider’ to the iGaming industry, with an ‘award-winning portfolio’ of slots, live casino and other products delivered through a single API integration across regulated markets, languages and currencies.

The supplier is licensed and regulated by several industry bodies, including the Gambling Commission of Great Britain, the Gibraltar Gambling Commissioner and the Malta Gaming Authority.

Headquartered in Gibraltar, Pragmatic Play is owned by a private group of investors led by Veridian (Gibraltar) Limited.

Marina Bay Sands appoints Angelita Teo as VP of Attractions

Marina Bay Sands is placing arts and heritage specialist Angelita Teo in charge of the strategic direction and growth of its attractions portfolio, including ArtScience Museum, after naming her Vice President of Attractions in a social media update.

The integrated resort said Teo brings more than three decades of experience in the arts, culture and heritage sector, with a career spanning cultural institutions in Singapore and international roles.

Teo returns to Singapore after seven years in Switzerland, where she served as Director of the Olympic Foundation for Culture and Heritage. In that role, Marina Bay Sands said she led a multinational team across global cultural initiatives, heritage collections and museum operations.

Before her international posting, Teo held leadership roles in Singapore’s arts and heritage sector, where she helped advance public engagement with museums and major festivals, according to the update.

Marina Bay Sands said her experience would further strengthen the property’s position as a leading cultural destination. The company added that Teo had played an ‘instrumental role in advancing Singapore’s vibrant arts and heritage landscape’, including in the presentation of local works and narratives to international audiences.

The resort said Teo’s leadership would be ‘invaluable in shaping the next chapter of experiences that inspire guests from Singapore and around the world’.

NetWin.it taps Fast Track to enhance CRM and player rewards capabilities

Italian operator NetWin.it has partnered with Fast Track, deploying its CRM, Rewards, and Greco platforms to enhance player engagement across its regulated operations.

The partnership deepens Fast Track’s reach in Italy through the combined deployment of its CRM, Rewards, and Greco products. NetWin.it, part of RB Holding, operates an ADM-licensed online casino and sportsbook offering slots, live dealer games, sports wagering, and Italian card games.

With CRM, Rewards, and Greco working from a single real-time customer model, NetWin’s team will be able to design and run player engagement, gamification, and loyalty mechanics, and gameplay-intelligent bonus strategy from one connected platform, alongside Fast Track AI, the platform’s natural-language and agentic-workflow capabilities that let operators interact with the platform conversationally and delegate end-to-end CRM tasks to AI agents. 

“Choosing Fast Track gives our team one platform to run engagement, gamification, and bonus strategies together, built for the Italian market and the way we want to grow. We are excited about what this lets us build for our players,” said Stefano Giancotti, Head of Product at NetWin

“There is real talent behind NetWin, with decades of gaming experience within the group and clear ambitions for its Italian players. With CRM, Rewards, and Greco now running together, we’re looking forward to helping them move into agentic workflows across the full Fast Track suite, and building something built to last in this market,” added Simon Lidzén, Co-Founder and CEO of Fast Track.

SOFTSWISS CSO Evgeniy Zaretskov earns place among the World’s Top 100 CISOs

SOFTSWISS Group Chief Security Officer Evgeniy Zaretskov has been included in the 2026 HotTopics Global CISO 100, a recognition of his contributions to cybersecurity leadership.

The annual award honours the world’s leading security executives for their strategic contribution to cyber resilience and business transformation.

According to HotTopics, the initiative, delivered in partnership with Thales Cybersecurity, recognises cybersecurity executives who are transforming the role of the modern CISO by safeguarding organisations, influencing business strategy, and fostering trust in an increasingly digital world.

The recognition comes shortly after SOFTSWISS unveiled a refreshed brand identity and strategic repositioning. With regulatory requirements becoming more stringent across multiple jurisdictions, operators are facing increasing expectations around security, compliance, and operational resilience. The acknowledgement reinforces SOFTSWISS’s commitment to supporting sustainable growth in regulated markets.

At SOFTSWISS, Evgeny Zaretskov leads the company’s global cybersecurity strategy, aligning security governance, risk management, and cyber resilience across a technology ecosystem that supports more than 1,500 brands worldwide. His work focuses on strengthening security whilst enabling secure innovation and long-term business growth across regulated markets.

Evgeny Zaretskov, Group Chief Security Officer at SOFTSWISS
Evgeny Zaretskov

Commenting on the recognition, Evgeny Zaretskov, Group Chief Security Officer at SOFTSWISS, said: “Cybersecurity is ultimately about trust. For our partners, that means being able to launch products, operate reliably, and grow in regulated markets with confidence. This recognition belongs to the entire security team and reflects the culture of resilience we’ve built together at SOFTSWISS.”

The acknowledgement also reinforces the direction recently announced by SOFTSWISS through its new positioning, where reliable technology, security, and trust form the foundation for long-term partnerships with operators in regulated markets.

Trust Built Worldwide: Stability as the betting industry’s core asset

Standing out in iGaming for a single quarter is easy; surviving with an intact reputation for two decades is not. The market is saturated with short-lived brands that chase acquisition through aggressive bonusing, only to falter at the first liquidity shock or regulatory pressure. 

Competitive positioning is shifting from «who offers the biggest bonus» to «who can guarantee uninterrupted,» and stability is emerging as the primary reputational filter B2B partners and institutional players now apply before signing any agreement.

This article examines the operational, regulatory, and partnership benchmarks that define genuine resilience in this industry and looks at how one of the sector’s longest-standing players has translated that resilience into a verifiable track record.

Operational and Infrastructure Resilience

Stability is not a marketing slogan; it is measurable technological readiness under stress. Global tournaments — most recently the ongoing World Cup 2026 — simultaneously place an unprecedented load on servers, payment gateways, and real-time trading systems. If a platform buckles during a tournament or a settlement is delayed due to thin liquidity or weak backend software, trust erodes within minutes, and it’s nearly impossible to rebuild trust in such a competitive business sphere.

Genuinely global operators invest tens of millions in proprietary infrastructure engineered to process millions of concurrent transactions without latency, and this capital commitment is precisely what separates durable brands from seasonal ones.

Tier-1 Validation Through Sports Partnerships

A partnership with a top-tier football club or global sports property functions as further proof of stability and transparency, not just a sponsorship deal. 

Clubs such as FC Barcelona and PSG or football leagues like La Liga, Serie A, or even the UFC organization, run rigorous legal, financial, and reputational due diligence before signing any commercial agreement.

These institutions will not risk their own brand equity for short-term sponsorship revenue, so when an operator secures such a deal, it functions as third-party proof of financial transparency and the ability to meet multimillion-dollar contractual obligations.

Regulatory Adaptation as a Longevity Test

Another big call is that stability cannot exist without legal compliance, and an operator that avoids regulation is, by definition, structurally fragile. 

Industry research, such as the International Player Safety Index — commissioned to benchmark player-protection standards across Western Europe, Africa, and Latin America — points to a broader market shift toward fully regulated, white markets. 

The capacity to adapt operational processes to dozens of distinct local regulatory regimes, from Curaçao‘s baseline standards to EU-level licensing in Ireland, represents the highest tier of business maturity in this sector.

The Affiliate Perspective: Ecosystems Built on Reliable Partners

For B2B affiliates, aligning with a stable brand is effectively a way of capitalizing on their own business model. When an affiliate commits budget to acquisition traffic, the priority is long-term LTV and predictable payout cycles, not short-term commission spikes.

The index highlights a critical disconnect: while technology is advanced, consumer education lags. Only 4.8% of operators strongly agree that players actually understand the term “positive play,” while a staggering 31% explicitly disagree. Furthermore, only 7.1% of industry leaders fully agree that players view gambling purely as entertainment rather than a source of income.

In a culture where users frequently confuse leisure with investing, unfiltered marketing by unlicensed platforms promises higher payouts because they bypass local taxes. This friction directly drives users toward the black market, proving that an affiliate’s long-term ROI is entirely dependent on a stable partner capable of driving educational, transparent onboarding.

Affiliate programs run by large, established operators — 1xPartners being a case in point — are valued less for headline rates and more for what sits behind them: a brand authoritative enough that acquired users stay in the system for years, and a payment infrastructure stable enough to guarantee commissions are settled on time regardless of market turbulence. 

That combination of strong player retention and consistent, on-schedule payouts is what materially reduces the affiliate’s own operating risk, turning a single acquisition event into a dependable, multi-year revenue stream.

Case Study: Two Decades of Global Stability

The market’s shift toward stability is visible in the trajectory of long-tenured operators. 1xBet has operated continuously since 2007, giving it nearly two decades of trading history in an industry where most brands do not survive their first five years.

As a global betting and gaming operator known for its scale, innovation, and adaptability across international markets, the company has built an infrastructure designed for shared success. By closely collaborating with affiliates, suppliers, regulators, and sports organizations, the operator ensures that its global expansion always prioritizes long-term sustainability alongside high performance.

Several concrete markers illustrate this pattern: 

  • Regulatory footprint: the operator holds licenses across more than 35 jurisdictions globally, offering a fully regulated and secure environment for players. This compliance framework is backed by a comprehensive platform across sports, esports, live betting, and casino, featuring seamless integrations, multilingual support, and one of the industry’s broadest selections of payment solutions. Furthermore, the brand enforces its commitment to fair play by embedding responsible-gaming measures and support tools throughout the entire customer journey.
  • Partner ecosystem: the 1xPartners affiliate program services a large international network of affiliates, with retention-driven economics designed to keep partner revenue predictable across market cycles.
  • Market research contribution: the company has commissioned the International Player Safety Index series with SBC Media, covering Western Europe, Africa, and Latin America, providing regulators and operators with comparative data on player-protection standards.
  • Sports partnership strategy: the operator has framed its sponsorship approach around long-term, market-specific development rather than short-term visibility campaigns.

Taken together, these elements illustrate how a long-tenured operator’s regulatory breadth, affiliate infrastructure, and research investment function as evidence of the exact stability criteria the wider industry is now prioritizing.

The Next Generation Standard

The next phase of betting-industry competition will favor operators built for decades, not news cycles, because temporary hype cannot substitute for verified operational resilience. 

In an environment where infrastructure failure, regulatory exposure, and affiliate churn each carry real financial cost, stability has become the only durable foundation for building trust that extends across borders and market conditions.

Genting Americas’ $2B facility eases Empire refinancing risk, but construction risks remain: S&P

Genting Americas’ new $2 billion bank facility has removed refinancing risks hanging over Empire Resorts and will fund the build-out of the group’s commercial casino in downstate New York, though S&P Global Ratings warned that high construction risks on the project persist.

Empire used proceeds from the facility to redeem its $300 million, 7.75 percent senior notes in full on July 2nd, four months ahead of their November 1st, 2026 maturity. The repayment also ended Genting Malaysia’s planned capital restructuring of the subsidiary, which had originally been designed to retire the debt through asset sales.

Following the redemption, S&P on July 8th raised its long-term issuer credit rating on Empire to ‘B+’ with a stable outlook, an upgrade that signals reduced default risk, though the rating remains in speculative territory. The agency then withdrew the rating at the company’s request, meaning it will no longer assess Empire’s creditworthiness.

Despite the upgrade, S&P pointed to Empire’s ‘fragile operating performance with minimal cash flow’, which leaves the company reliant on Genting Malaysia for financial support.

Genting Americas, a wholly-owned subsidiary of Malaysian casino group Genting Malaysia Bhd, secured the senior secured facility comprising delayed-draw term loans to repay an existing $775 million term loan and the Empire notes, plus a $150 million revolving credit facility for Genting New York.

Genting New York will use the remaining proceeds to fund the second phase of construction of its casino, scheduled to begin in 2027, following the award of a full gaming license.

‘We view Genting Americas’ new bank facility to be largely neutral to our rating on Genting New York,’ S&P said in its note, adding that the rating is driven by ‘the group’s highly strategic relationship with Genting Bhd’ and already factors in incremental debt to fund the New York construction.

S&P affirmed its ‘BB+’ issue rating on Genting New York’s existing $625 million senior unsecured notes, the highest tier of non-investment grade, with the recovery rating unchanged at ‘3’, indicating lenders could expect to recover between 50 percent and 70 percent of their money in a default.

The agency said subordination risks on the notes are manageable, as the $2 billion facility is jointly and severally guaranteed by all wholly owned restricted subsidiaries of Genting Americas, including Genting New York, Empire Resorts and Resorts World Omni, which operates the Miami Hilton Downtown Hotel. ‘Nonetheless, our recovery prospects recognize high construction risks on the New York casino,’ it said.

Macau’s new taxi licenses require operators to join approved ride-hailing platforms

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Macau’s newly approved taxi operators will be required to join a government-recognized ride-hailing platform, as the city links its latest taxi expansion to a broader shift toward app-based transport services.

The Transport Bureau opened bids on Thursday morning for 14 eight-year taxi licenses covering 700 standard taxis, receiving 47 tender submissions. The new vehicles are intended mainly to replenish supply, with around 303 existing taxi operating contracts due to expire by 2028.

Pang Man Kin, acting head of the bureau’s transport management division, said the eligibility requirements for bidding companies are broadly in line with those used in the 2023 tender. However, the latest round adds several new conditions, including participation in an authority-approved ride-hailing platform, an additional guarantee requirement, and adjusted deadlines for stamp duty payments.

According to Pang, the scoring criteria will focus mainly on the license premium offered, the vehicle rollout plan, and the proportion of local administrative management staff.

The tender follows a December 2025 policy direction to expand Macau’s taxi fleet and advance legislation for ride-hailing services.

Authorities expect to complete the tender evaluation and aim to announce the award results in the fourth quarter. Successful bidders will then need to prepare for operations, with the new taxis expected to enter service in batches in the second or third quarter of 2027.

DigiPlus revives $87M share buyback days after investor appeal

DigiPlus Interactive has revived its share buyback program with an authorized budget of approximately PHP5.36 billion ($87 million), just three days after investment foundations linked to Poland’s Juroszek family publicly urged the board to prioritize repurchases over new land-based investments.

The program is valid for another 12-month period effective July 9th, the Philippine digital gaming operator said in a filing with the Securities and Exchange Commission. At the same board meeting, the company appointed Wilfredo M. Pielago as Chief Risk Officer.

The move comes after the company’s previous repurchase authorization, approved a year ago, expired on July 4th. In an open letter to the board dated July 6th, Betplay Capital Foundation, ZJ Foundation and MJ Foundation, which together hold approximately 1.4 percent of DigiPlus, urged directors to renew the authorization and launch a substantial buyback.

The letter, signed by Tomasz Juroszek, argued that DigiPlus is the lowest-valued B2C gaming company among global listed peers, trading at around 2.4x estimated 2026 EV/EBITDA, roughly one-third of the peer median, while offering a free cash flow yield of around 32 percent. Applying peer median multiples implies a valuation of roughly PHP30 ($0.49) per share, more than 150 percent above the recent market price, according to the letter.

The foundations said the company’s balance sheet ‘remains a fortress’, with more than PHP20 billion ($325 million) in cash and virtually no debt, and argued that ‘further land-based investments are not optimal at this stage and can be deferred’.

That recommendation touches directly on DigiPlus’ push into Manila’s casino sector through Hong Kong-listed International Entertainment Corp, owner of New Coast Hotel Manila. DigiPlus completed its subscription to HK$1.6 billion ($204 million) of IEC convertible notes in two tranches in March and June; full conversion would hand it a 53.89 percent controlling stake, although no notes have yet been converted into shares.

Despite a difficult twelve months, marked by the delinking of e-wallet access from licensed online gaming platforms through 2025, the operator of BingoPlus, ArenaPlus and GameZone posted first quarter 2026 revenue of around PHP17.2 billion ($280 million), about 27 percent above the same period in 2024, the letter noted.

‘Shares repurchased and canceled in the meantime will prove to have been bought at once-in-a-cycle prices,’ the letter said.

IMF lifts China 2026 growth forecast to 4.6% while Asia-Pacific outlook diverges

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China is one of the few major economies to receive a growth upgrade this year, with its 2026 forecast raised by 0.2 percentage points to 4.6 percent, even as the outlook for the world economy was trimmed amid the fallout from the war in the Middle East.

The revision came in the International Monetary Fund’s (IMF) July update to its World Economic Outlook, which projects global growth of 3 percent in 2026, down 0.1 percentage point from April, before a recovery to 3.4 percent in 2027.

The Fund said the global slowdown reflects the war’s negative supply shock, partly offset by ‘accelerated demand-driven momentum in the global technology cycle’ linked to artificial intelligence. China’s first quarter expansion beat expectations at 8.1 percent on the IMF staff’s seasonally adjusted estimates, driven by front-loaded infrastructure investment and high-tech manufacturing and exports, even as domestic consumption remained soft.

Despite the upgrade, the 4.6 percent projection still marks a slowdown from 5 percent growth in 2025, with higher oil prices, protracted uncertainty and structural headwinds expected to weigh on activity. Growth is forecast to ease to 4.1 percent in 2027.

The picture across the Asia-Pacific is mixed. South Korea’s 2026 forecast was raised by 0.7 percentage points to 2.6 percent, buoyed by strong external demand for semiconductors. 

Malaysia is projected to grow 4.7 percent, benefiting from data center activity, while Thailand was revised up by 0.4 percentage points to 1.9 percent on emergency fiscal measures and technology-related exports.

Conversely, the Philippines was cut by 0.2 percentage points to 3.9 percent for 2026, though growth is seen rebounding to 5.5 percent in 2027. Australia was trimmed by 0.1 percentage point to 1.9 percent, easing to 1.7 percent in 2027. Singapore was not broken out individually; the ASEAN-5 group, which includes the city-state alongside Indonesia, Malaysia, the Philippines and Thailand, is projected to grow 4.1 percent.

Looking ahead, the IMF said risks are more balanced than in April but still tilted to the downside, warning that renewed Middle East conflict could extend commodity price volatility.