The global betting company 1xBet participated in SiGMA Americas 2025, a major iGaming forum in Latin America, and secured the Best Sportsbook Operator 2025 title at the SiGMA Americas Awards – the continent’s key industry prize.
The SiGMA Americas 2025 summit took place from April 7 to 10 at the Transamerica Expo Center in São Paulo, Brazil. The event brought together over 18,000 delegates who attended talks and visited booths from more than 300 exhibitors.
As usual for 1xBet, visitors could participate in a giveaway of branded merchandise. In addition, brand representatives held daily draws for top prizes: an iPhone 16 Pro, an Apple MacBook, and a Louis Vuitton cosmetic bag.
Visitors to the booth connected with 1xBet representatives in a cozy setting styled as an improvised bar, offering coffee, cocktails, and soft drinks. The 1xBet team presented the benefits of 1xPartners – an affiliate program that guarantees high commissions for every referred player, detailed statistical reports, and support from a personal manager. Thanks to this all-round approach and assistance, partners have a real opportunity to grow their business.
The brand expresses gratitude to the organizers of SiGMA Americas 2025 for creating ideal conditions for business communication, productive networking, and finding new partnership opportunities. 1xBet shared its experience and exchanged fresh ideas with other industry representatives, creating new opportunities for the growth of the iGaming industry and partners’ earnings.
Altenar has achieved a significant milestone in its LatAm market expansion by securing a new certification to offer sportsbook and RGS, including virtual sports in Brazil.
This development underscores Altenar’s commitment to providing cutting-edge and engaging sportsbook solutions in regulated markets, and follows a string of landmark deals with industry leaders, such as Inspired, Kiron, Leap and Sportradar.
To achieve the certification, Altenar underwent a thorough evaluation process, demonstrating the provider’s dedication to compliance and its ability to meet the stringent requirements of the Brazilian market.
The integration of virtual sports from renowned providers will further enhance Altenar’s comprehensive platform, offering a dynamic and exciting vertical for Brazilian players that can be enjoyed 24/7.
Dinos Doxiadis, Director of Product – Sportsbook and Data at Altenar, said: “We are thrilled to achieve certification for virtual sports in Brazil. This marks another significant step in our growth across Latin America and reinforces our commitment to the burgeoning region. By joining forces with some of the industry’s most renowned providers, we are confident in our ability to deliver an unparalleled virtual sports experience to operators and players in Brazil. This offering will complement our existing sportsbook solutions and provide further opportunities for engagement and growth in this key market.”
FBM brings back the Cash Panalo promotion with live draws and exciting prizes in the Philippines. Starting this week, the promotion features a series of live offerings that provide rewarding opportunities for Filipino players.
The campaign is active on over 300 bingo halls across the country and will distribute a total of P30,000,000 in prizes during six draws scheduled from April 21st to May 30th.
The Cash Panalo campaign streak continues for FBM, as the brand is holding its third promotion of 2025 in the Philippines. After the summer splash of prizes delivered by the Bingo Milyonaryo promotion, the global gaming brand runs the third edition of the Cash Panalo campaign with six live draws streamed live on FBM Philippines’ Facebook page.
The five weekly draws will happen on April 25, May 2, 9, 16, and 23 and include an attractive prize pool: 30 players get ₱5,000, 20 players get ₱10,000, 10 players get ₱20,000, five players get ₱50,000, and two lucky winners take home ₱100,000.
The Grand Draw closes the Cash Panalo calendar on May 30, consecrating 30 winners of ₱10,000, 20 winners of ₱20,000, 10 winners of ₱30,000, eight winners of ₱50,000, four winners of ₱100,000 and a lucky Champion of ₱500,000.
Besides these prizes, Cash Panalo will award two lucky players of each participating site with a guaranteed prize of ₱3,000 and an additional reward of ₱6,000 in cash for the first active player achieving a coverall after the clock strikes 9:30 pm every week.
Cash Panalo: A prize festival with national expression!
During FBM’s Cash Panalo live draws, a tambiolo will be utilized to randomly select the name of the winning bingo hall. Once the winning site is announced, the manager of the bingo hall will conduct an on-site draw to determine the winner from that location.
The third season of Cash Panalo will spread prizes in over 300 bingo venues across various regions of the Philippines: Aklan, Albay, Baguio City, Bataan, Batangas, Bohol, Bukidnon, Cagayan de Oro City, Caloocan City, Camarines Norte, Camarines Sur, Capiz, Cavite, Cebu, Davao City, Davao Del Norte, Davao Del Sur, General Santos City, Iligan City, Iloilo City, La Union, Laguna, Las Pinas City, Leyte, Malabon City, Mandaue, Manila City, Marikina City, Misamis Oriental, Muntinlupa City, Negros Occidental, Nueva Ecija, Nueva Viscaya, Olongapo, Oriental Mindoro, Pampanga, Pangasinan, Paranaque City, Pasay City, Province of Rizal, Quezon City, Quezon Province, Tacloban, Tarlac, Tuguegarao City, Valenzuela City, Zambales and Zamboanga Del Norte.
All rules and mechanics for the Cash Panalo promotion are available for at FBM’s website.
GR8 Tech, a high-performance Sportsbook and iGaming platform provider, has announced the release of its latest innovation, ULTIM8 Sportsbook iFrame. This easy-to-launch solution is designed specifically for the needs of experienced businesses: casino brands aiming to dominate sports betting without hiring an army of sportsbook specialists, or operators fed up with tech bottlenecks stunting their growth.
“We dedicate a lot of time to talking to the market, and one thing kept coming up: too many products are built for entry-level needs. That’s fine… until it is not. Operators that grow beyond the basics often hit a wall. Their current platform needs improvement and differentiation that comes slowly, if at all; simultaneously, switching to something new means discovering another set of limitations down the line,” shares Yevhen Krazhan, CSO at GR8 Tech. “There was a gap—a well-formed demand for a solution tailored to mature operators who know what their players want and are done settling for tech that slows them down or boxes them in.”
ULTIM8 Sportsbook iFrame was created to tackle these advanced challenges, enabling operators to differentiate with market-leading content and a customizable front-end while maintaining full control over crucial areas like player engagement and risk management. Feature-rich right out of the box, the solution drives the ultimate revenue boost with its AI-driven toolset.
“ULTIM8 is built for results. Operators using our iFrame solution see up to 50% GGR uplift through features that come ready to deploy—odds personalization, parlay tools, and dynamic cashout,” comments Sergey Ghazaryan, CRO at GR8 Tech. “Coupled with the geo-tailored layouts and widget-based frontend flexibility, these things give operators the ability to shape the ultimate experience for their audiences, while keeping full control over performance and profitability.”
With all these advanced features, GR8 Tech’s ULTIM8 Sportsbook iFrame still maintains one of the key decisive factors of all iFrame solutions—quick launch time. As long as operators provide everything necessary for the launch from their end in time, the business can go live within just one week.
Sergey Ghazaryan adds: “GR8 Tech aims to become the first choice for operators looking for high-performance sportsbook-driven solutions. ULTIM8 Sportsbook iFrame is a very important step towards this goal—an ultimate showcase of our sportsbook expertise, packed in a convenient, easy-to-integrate form, tailored to the demands of the mature operators that have been unanswered up until now. Well—not anymore.”
Contact GR8 Tech for an in-depth guide through the ultimate sportsbook solution.
Good Morning. Put some skin in the game. That’s what executives at M Plus (in Macau) are facilitating, by providing sports broadcasts, noting that some 90 percent of their viewership is also betting on the outcome of the matches they watch. And Hong Kong is keen to horn in on part of that market, looking to start basketball betting, a competitive action that could change Macau’s sports betting landscape. Meanwhile, hopes are high for Golden Week in the gambling hub, bolstered by a strong turnout over Easter.
Indian casino operator Delta Corp experienced a 2.14 percent yearly drop in revenue during the first quarter of 2025, given a slight drop in casino revenue.
According to the group’s most recent financials, total gaming income totaled Rs1.66 billion ($19.52 million)– a quarterly increase of 2.4 percent.
Total revenue in 1Q25 totaled Rs1.96 billion ($23.08 million), a quarterly decrease of 1.07 percent.
Profit for the period totaled Rs164.56 million ($1.93 million), up by an impressive 127.26 percent yearly, and a staggering 360 percent sequentially.
Currently the group notes that it has not provided any provisions for impairment in its recent results regarding the ongoing feud over the Goods and Services Tax (GST) on gaming companies, which multiple enterprises are now disputing.
Delta Corp Limited operates some of the largest offshore casinos in India, including Deltin Royale, Deltin JAQK, and Kings Casino. The company also owns and operates Deltin Suites, a 106-room all-suite hotel with a casino in Goa, as well as Casino Deltin Denzong at the Denzong Regency Hotel in Gangtok, Sikkim.
In addition, Delta Corp owns and operates The Deltin, a 176-room five-star hotel in Daman that is an integrated resort with a proposed casino. The company also owns and operates the online poker site Adda52.com and the online rummy site Adda52rummy.com.
In September, the company announced a strategic move to separate its gaming business from its hospitality and real estate divisions.
M Plus, a Macau-based online sports broadcasting platform, sees approximately 90 percent of its users engaged in sports betting, according to Alan Yung, vice-president of strategic partnerships at the company.
Alan Yung, Vice President of Strategic Partnerships at M Plus Sports Media Company Limited
In an interview with AGB, the executive acknowledged this fact, highlighting how online sports broadcasting has become an indispensable component of sports betting not only in Macau, but also in the rest of the world.
Established in 2017, M Plus Sports primarily focuses on broadcasting and livestreaming football and basketball events, covering popular global competitions like the English Premier League, Italian Serie A, and NBA.
Since multiple football matches often take place simultaneously, people limited to watching television broadcasts might not have access to certain events they’re interested in.
This limitation could indirectly hinder the betting interest of Macau’s sports gambling participants. M Plus’s app addresses this pain point precisely. Yung explained that M Plus collaborates with Macau’s lottery operator – Macau SLOT, allowing users to choose between paying MOP15 ($1.87) per match or an annual fee of MOP2,980 ($371.37) to watch all events through their app.
Regarding the relationship between sports broadcasting and betting, Yung observed, “Generally speaking, users interested in placing bets pay more attention to matches.” He further analyzed, “Without betting behavior, some people, even if interested, might not spend time watching. But with money invested, they’re likely to be more attentive and might even put aside other matters to watch games.” Despite their users’ strong association with gambling, M Plus itself isn’t involved in betting operations.
In Macau, legal sports betting operates through Macau SLOT, which is the only operator for lottery and sports betting in the region. It held an exclusive contract for such business until June 2021, when the government removed its exclusivity. However, no competitors have emerged so far.
Macau SLOT is a subsidiary of Sociedade de Turismo e Diversões de Macau (STDM), which is also the parent company of SJM, one of Macau’s six gaming concessionaires.
Macau residents and tourists can place bets at numerous betting stations throughout the city, as well as through telephone and online platforms. According to 2024 data from Macau’s Gaming Inspection and Coordination Bureau (DICJ), football betting continues to dominate the sports betting market, accounting for nearly 66 percent of total wagers, while basketball represents about 33 percent.
In 2024, Macau’s games of fortune and lottery betting reached MOP57.66 billion ($7.2 billion), with most coming from basketball and football betting, and smaller amounts from horse racing (which closed in April 2024), Chinese lottery, and instant lottery.
Hong Kong’s sports betting push and lessons for Macau
Compared to Macau’s thriving casino industry, sports betting revenue seems insignificant. However, Hong Kong’s active efforts to legalize basketball betting could provide an important reference for Macau to enhance the appeal of its sports betting offerings, potentially intensifying competition between the two regions.
In February’s budget announcement, Hong Kong’s Financial Secretary Paul Chan revealed that the government would actively explore regulating basketball betting activities and had invited the Hong Kong Jockey Club to submit proposals.
The Jockey Club reportedly plans to design a system similar to the existing football betting model, with a proposed 50 percent tax rate, potentially implemented as early as 2026. The government preliminarily estimates this will generate approximately Hk$1.5 billion ($193 million) in tax revenue annually by the fourth year of implementation.
Regarding this trend, Yung believes Hong Kong has certain advantages in creating an atmosphere for sports betting. He noted: “If there’s a large venue showing different types of matches on multiple screens, it creates a better atmosphere.” He explained that sports betting is closely tied to personal interests, “Some people might enjoy watching certain types of events and will bet if they support a particular team or player.”
Hong Kong Jockey Club betting hall
He further pointed out that in Europe, “You can find betting points even at train stations,” while the Hong Kong Jockey Club is actively renovating its betting stations to incorporate dining and leisure facilities, creating a richer experience. He considers this approach highly effective for increasing overall participation, adding: “More comprehensive facilities and a stronger atmosphere help enhance the appeal of sports betting.”
In contrast, while Macau boasts world-renowned casinos and integrated entertainment venues, it still needs to strengthen its diversification in sports betting. Especially after the closure of the Macau Jockey Club, the market is seeking new growth drivers, which might be an opportunity to revisit sports betting strategies.
“I believe market development primarily depends on the government’s attitude,” Yung stated. He pointed out that the gambling industry thrives in Europe and America “because many businesses and enterprises participate in gambling-related projects,” and such openness and diversity stem from government guidance and regulation.
Hong Kong’s openness to basketball betting will inevitably attract more sports fans to participate in betting and might prompt the Macau government to reassess its current gambling policies. Although Macau still operates under a concession system, if it can learn from international experiences and explore the potential of sports betting within the existing framework, it could inject new vitality into Macau’s gambling industry.
Yung concluded that M Plus has secured its position in the competitive market by “capturing the high interest of Macau lottery users in sports events.” Meanwhile, Hong Kong’s latest developments have “added more room for imagination” regarding the future of sports betting in Macau.
In a bid to revitalize the Barra District, Macau gaming operator MGM has teamed up with Coloane Day to launch Barra Mart, a weekend pop-up market set to run for four consecutive weekends starting April 19.
Designed to offer Macau residents and tourists a refreshing leisure destination, Barra Mart features a mix of shopping and dining experiences, making weekends more vibrant and engaging.
Barra Mart features 21 local SMEs, presenting a diverse lineup of daily necessities, including fresh produce, home decor, pet supplies, flowers and plants, handmade crafts, and more. Adding to the experiences are some popular local F&B brands that serve up brunch, coffee, and an array of ready-to-eat options. Visitors can enjoy shopping and savoring light bites while immersing themselves in the cozy weekend ambiance of the Barra District.
William Koi from the Coloane Day said: “The Barra District boasts a rich heritage of East-meets-West culture. It’s a place that’s open, inclusive, and daringly innovative. Hosting a lifestyle market here brings out the unique cultural characteristics of Macau and creates an exceptional street market experience that helps enrich the lifestyle of residents and tourists.”
Set against the backdrop of the Barra District’s iconic Barra Kitchen, Barra Mart introduces the venue’s first daytime market. Seamlessly transitioning into the district’s popular night market, the event blends day and night activities, adding vibrant community vibes to the area.
Embracing the pet-friendly philosophy of the district, Barra Mart welcomes furry companions, making it Macau’s new weekend hotspot for food, shopping, and play altogether under one roof.
Travellers International Hotel Group, the operator of Newport World Resorts, reported a 6% decline in gross gaming revenue (GGR) for 2024, totaling PHP32 billion ($566 million), according to financial results released on Tuesday.
The company, which operates Manila’s Integrated Resort, is the gaming and leisure subsidiary of the Philippines conglomerate Alliance Global Group (AGI).
The company recorded total gross revenues of PHP39.9 billion ($705 million), slightly down by 3 percent compared to 2023.
The mass market segment showed strong performance with gaming revenue increasing by 9 percent from 2023, reaching PHP17.4 billion ($308 million). However, VIP revenue declined by 20 percent to PHP14.6 billion ($258 million).
For the full year of 2024, Travellers International reported net revenue of PHP31.3 billion ($553 million), down 1 percent from the previous year. The company noted that net revenues remained relatively steady as promotional expenses were effectively managed despite the decline in gross gaming revenue.
The company’s financial stability was supported by continued strength in the non-gaming segment. The mass market gaming segment expansion was attributed to increases in volume and steady hold rates, which helped offset weaker VIP performance that suffered from lower rolling volume and reduced VIP win rates.
Non-gaming revenue showed sustained expansion, driven by higher hotel occupancy, improved revenue per available room (RevPAR), and increased MICE (Meetings, Incentives, Conferences, and Exhibitions) activities, all supported by record foot traffic at the complex.
The company’s EBITDA margin improved from 26 percent in 2023 to 30 percent in 2024, which the company attributes to an optimized cost structure resulting in improved operational efficiency.
Travellers International Hotel Group operates five hotel brands with a total of 2,742 hotel room keys. In 2024, the hotels recorded an 86 percent occupancy rate. The company’s gaming operations include 495 VIP and mass gaming tables along with 2,383 slot machines.
Indian authorities have reported that up to seven individuals have died in connection with online betting within just a month.
This alarming statistic follows the announcement by Chief Minister A Revanth Reddy regarding the formation of a Special Investigation Team (SIT) aimed at tackling digital gambling, which remains banned in the state of Telangana, The Times of India reported.
Six of the deceased reportedly died by suicide, while one was murdered by a fellow betting addict.
The most recent case involved a student, who took his own life after losing over ₹2.65 lakh ($3,110). His brother-in-law noted that the deceased began betting during the IPL season, primarily using apps like Slice, Lucky Kismat, and JDB Gaming.
Another victim, a 25-year-old, ended his life after failing to recover investments intended for his sister’s wedding.
In a separate incident, a 22-year-old also died by suicide following significant gambling losses.
Many of the deceased resorted to taking loans from friends or lending apps, often pledging personal belongings to continue betting, which has compounded their financial woes.
Despite a state ban on online betting, users have been circumventing restrictions by utilizing VPNs to access these platforms.
An SIT officer noted that, while registered Indian betting companies have geo-fenced their services to block access from Telangana, many individuals are still able to place bets through unregulated channels, including those operated by foreign entities.
Currently, 70 online betting-related cases are under investigation, with several high-profile cases involving celebrities.
