Games Global and Neon Valley Studios unveil a thrilling new release: Money Mayweather

Elsewhere

AGBrief Editorial

-

November 14, 2024

0

Games Global and Neon Valley Studios unveil a thrilling new release: Money Mayweather

Games Global, a leading supplier of unique and innovative iGaming content, in collaboration with their exclusive partner, Neon Valley Studios, has introduced Money Mayweather, a new pays-anywhere slot inspired by boxing legend Floyd Mayweather. This game features stunning visuals and dynamic elements, delivering an exhilarating experience filled with high-energy gameplay.

Money Mayweather invites players to step into the ring with a lineup of high-paying symbols, including luxury cars, dollar signs and dazzling jewels on a 6×5 grid. Mayweather himself appears as the highest-paying symbol, and players can score wins with eight or more matching symbols landing anywhere on the grid.

Returning fan-favorite mechanics like Rolling Reels™ activate after each win, removing winning combinations and allowing new symbols to cascade down, boosting the potential for successive payouts.

Additionally, every ring of fire multiplier symbol landing in a winning combination triggers the MultiChase™ Rolling Multiplier feature, awarding multipliers between 2x and 100x. These multiplier symbols remain sticky until all Rolling Reels™ complete the round, accumulating a final multiplier to enhance total winnings.

Golden boxing glove scatter symbols further amp up the action, with four or more triggering 10 free spins. Players can earn five extra spins by landing an additional three scatters during the bonus round. Each time three scatters appear in the base game, the Rising Rewards™ Free Spins Multiplier increases by 1x, up to a maximum of 20x. Any rolling multipliers collected in free spins are added to the final multiplier, maximizing win potential.

The combination of Mayweather’s iconic status, high-stakes gameplay and immersive graphics ensures Money Mayweather delivers an unforgettable experience for players around the world.

Sinead Benson, Business Development Manager at Neon Valley Studios, said: “We’ve poured our passion for high-quality game design into every aspect of Money Mayweather, from the vibrant ringside visuals to the innovative features that are sure to capture the attention of Floyd Mayweather fans around the world. Our team aimed to create a slot experience that captures the excitement of boxing and immerses players in the thrill of a championship match. With Rolling Reels™ and MultiChase™ Rolling Multipliers, Money Mayweather is built to deliver intense, sustained excitement that engages players from start to finish.”

Andy Booth, Chief Product Officer at Games Global, said: “We are thrilled to create a slot in partnership with Floyd Mayweather. Money Mayweather has been developed to deliver an intense, engaging experience for players, combining the thrill of high-energy gameplay with the powerful, world-renowned image of the championship boxer. This launch marks another milestone in Games Global’s recent series of high-profile partnerships, as we continue to deliver exceptional content and collaborate with entertainment industry leaders to enrich the diverse portfolio we offer our customers. We’re excited to see how this release will connect with our global audience.”

Australian gambling platforms spent $240K on US Election betting ads: Report

Australia

Viviana Chan

-

November 14, 2024

0

Australian gambling platforms spent $240K on US Election betting ads: Report

Australia’s top gambling operators spent at least $240,000 on Facebook ads promoting novelty bets for the US election last week, according to The Guardian.

This comes amid growing expectations that the Australian government will soon unveil its response to a parliamentary inquiry that recommended banning online gambling ads within three years.

The US election-related wagers included novelty bets such as whether Donald Trump’s speech would mention fraud or the color of his tie—just weeks before the government is expected to announce its long-awaited plans to restrict wagering advertisements.

Bookies again win prediction race of US election over pollsters

According to the same report, between 31st October and 6th November—the week of the US election—TAB, Ladbrokes, Sportsbet, and Neds were the top four Facebook advertisers in Australia, spending a combined $229,789 on politically related ads.

Meta’s ad library tool, which tracks companies advertising on political and social issues, revealed that TAB spent the most at $100,225. Palmerbet was the 12th-largest advertiser, spending $11,000. The tool only tracked gambling ads related to the US election, excluding broader betting promotions like those for the Melbourne Cup, which took place just a day before.

In recent months, TAB spent between $175,000 and $200,000 promoting a single US election wagering ad targeting primarily younger men under 35. Ladbrokes offered novelty market bets, including whether the losing candidate would concede on election night and whether Trump’s speech would mention fraud or legal challenges. Neds promoted bets such as an $18,000 market on whether Travis Kelce would endorse Kamala Harris before the election, and another on the color of Trump’s tie during his speech.

Sportsbet, meanwhile, spent between $25,000 and $30,000 on a computer-generated ad featuring Kamala Harris and Donald Trump.

Earlier this week, AGB covered research revealing Facebook’s targeting of vulnerable Australian users with alcohol and gambling ads.

The findings show that Facebook identified 10 Australian participants with 89 distinct interests related to alcohol and gambling. This targeting was made possible through data provided by 201 alcohol companies and 63 gambling companies, giving Facebook access to detailed information about the individuals involved in the study.

The company’s gross expenses also fell, totaling PHP181.69 million ($3.09 million) for the quarter, down 7.7 percent from PHP196.99 million ($3.35 million) in Q3 2023. Year-to-date expenses were reported at PHP569.33 million ($9.69 million), reflecting a decrease of 4.5 percent from PHP596.39 million ($10.14 million) in the previous year.

Despite the reduction in expenses, PhilWeb recorded a net loss of PHP12.62 million ($214,000) for the quarter, significantly worse than the loss of PHP2.93 million ($50,000), representing an increase in loss of 331.4 percent year-over-year.

The year-to-date net loss amounts to PHP10.09 million ($171,000), an improvement of 26.6 percent from a loss of PHP13.64 million ($232,000) during the same period last year. The earnings per share (EPS) for the third quarter remained at PHP-0.01 (approximately -$0.00017), consistent with the previous year’s figure.

On the balance sheet, as of September 30, 2024, PhilWeb’s total assets decreased to PHP1.21 billion ($20.60 million), down 1.6 percent from PHP1.23 billion ($20.93 million) at year-end 2023.

During the meeting, over 10 employees of Central One Bataan PH Inc. shared their experiences from the raid. One official with the company, Anne Dela Cruz clearly stated that the company was not a Philippine Offshore Gaming Operator (POGO).
“We have a gaming license which was never used. We are not a POGO. We did not begin under the previous administration. We only started in January 2023”.

Presidential Anti-Organized Crime Commission spokesperson fired over actions in POGO raid

Dela Cruz furthered that the facility complies with AFAB regulations and business process outsourcing (BPO) standards and that it did not engage in online gambling.

Bataan Governor Joet Garcia indicated that the testimonies clarified that the PAOCC raid lacked basis, noting “This is a great development because it addresses what the PAOCC mentioned as a requirement for Central One to operate”.

The Office of the Administrator Group Head of the AFAB had previously indicated to AGB in a statement that ‘Central One Bataan PH, Inc. is an enterprise registered with the Freeport Area of Bataan’.

It furthered ‘AFAB, by itself or jointly with other concerned regulatory bodies, regularly conducts inspections on our locators and registered enterprises to ensure they are compliant with the terms and conditions of the authority granted to them’.

The HKJC CEO opined that there would be a “racing and breeding industry in China, […] in five years, 10 years [or] 15 years,” furthering that the HKJC has “had visits from very senior people who looked at how we manage integrity. How we are able to manage what happens in illegal markets on our races and how we have integrity as a key value proposition in our apprentice training”.

Looking ahead, the HKJC CEO notes that there will be a quarantine facility ready in Conghua in 2027, “which will enable the export of horses from Hong Kong into China. He opines that later the “best horses” could utilize the quarantine station, allowing them to run in Conghua, Happy Valley and Sha Tin.

“With this, we could create a massive stimulus of a racing and breeding industry. You could have auctions on these horses. This is why we think long term”.

Conghua is currently set to start its horse racing program in April of 2026, with up to six race meetings per season, indicates Engelbrecht-Breges. This will be accompanied by equestrian programs every weekend and other entertainment. “It’s a destination,” he indicated to the SCMP.

The HKJC has invested some HK$8.5 billion ($1.09 billion) into the transformation of Conghua into a racecourse since 2015 in a bid to promote the sport and possibly open up betting options.

Through this partnership, Nubet will leverage DATA.BET’s Single Page Application with Data Feed that covers over 60 disciplines for both esports and classic sports. Advanced Risk Management that blends AI-driven analytics with expert oversight to optimize profitability while safeguarding against market volatility.

The company offers Nubet a fully customizable platform with greater flexibility and integration options. Optimized for SEO and supporting over 25 languages, it enables the betting brand to effectively reach diverse markets while providing a seamless, personalized experience that aligns with the specific needs of users from the North European region.

DATA.BET provides Nubet with an odds line built on official data that is expertly processed by its in-house trading team. This Data Feed offers unparalleled accuracy, with market delays reduced to as little as 1 second. Also, the partner will get a suite of interactive Widgets, such as Scoreboards and the Pitch Tracker, all supported by trusted data partners.

“We look forward to partnering with our new client to boost revenue through our progressive technologies and dedicated team,” stated Otto Bonning, Head of Sales at DATA.BET. “This collaboration not only enhances the user experience in esports betting but also represents a strategic entry into an exceptionally promising region for us.”

Niko Marttinen, Head of Trading, added, “We are delighted to collaborate with DATA.BET, whose technology and industry expertise align perfectly with our mission to deliver exceptional value to our users. Partnering with us as a premium provider, powered by licensed content from DATA.BET, marks a transformative step forward for our company.”

For context, in the entire year of 2023, Macau’s casino GGR amounted to MOP183.05 billion ($22.68 billion), reflecting a 333.8 percent surge compared to the previous year. This significant growth marked a strong rebound for Macau as the city emerged from the shadow of the pandemic and the strict regulations that effectively shut it down for three years.

Brokerage forecast

In mid-October, Bank of America revised its GGR projections for Macau, adjusting estimates for both 2024 and 2025 due to better-than-expected performance.

Macau, illicit money exchange, Mass Gaming

The bank raised its 2024 GGR forecast by 2 percent, bringing it to MOP227 billion ($28.1 billion), representing a 24 percent year-on-year increase and 78 percent of 2019 levels. This upward adjustment reflects stronger-than-anticipated third-quarter results and a robust Golden Week performance.

For 2025, Bank of America increased its GGR estimate by 7 percent, setting it at MOP230 billion ($28.5 billion), reflecting 2 percent year-on-year growth. This projection takes into account underlying growth of 4 to 5 percent, while also considering the potential impact of ongoing crackdowns on illegal currency exchange activities expected in the first half of 2025.

However, Bank of America’s projection remains below the Macau government’s forecast.

Additionally, the bank has revised its sector EBITDA estimates, raising projections by 2 percent for 2024 and 10 percent for 2025, demonstrating continued confidence in Macau’s recovery trajectory.

Tengco indicated his optimism for the continual growth of the eGames sector, noting “by year-end, we expect this sector to generate as much as PHP78 billion ($1.32 billion) in license fees alone substantially contributing to the realization of our PHP100 billion ($1.7 billion) revenue target for 2024”.

In results released on Thursday, the authority indicated that total gross gaming revenues (GGR) in the country grew by 37.25 percent yearly to a record PHP94.61 billion ($1.6 billion) in 3Q24, a 6 percent increase from the previous quarter.

Licensed casinos continued to be the strongest revenue driver (or 53.6 percent of the total GGR), despite seeing a yearly decline of 2.27 percent, to PHP50.72 billion ($862.1 million). The figure was a 2.5 percent increase from the second quarter.

Revenue generated by Casino Filipino gaming venues operated by PAGCOR in 3Q24 continued their downward trend, falling by 26.32 percent yearly and 13.33 percent sequentially, to PHP3.64 billion ($61.87 million). This also comes as many of the venues face remodeling ahead of their intended privatization.

Meanwhile, revenue from bingo operations also followed the downward trend, falling by 19.43 percent yearly and 3.62 percent sequentially, to PHP4.52 billion ($76.82 million).

PAGCOR’s Chairman continues his support of the eGames sector’s contributions to the nation’s revenue, noting that “this impressive performance is a strong indication that the use of modern technology and mobile gadgets in gaming and amusement will continue to play a pivotal role in shaping the future of gaming.”

Good morning. Thailand’s breakneck pace to push through gaming legislation has analysts excited about the potential for the country, predicting it could grow into the world’s third-largest gaming market once ramped up. Meanwhile, in the Philippines, Bloomberry saw its first full quarter of earnings from Solaire North but drops in VIP contributed to an overall loss in 3Q24. And in Macau, SJM saw improved performance in VIP at its flagship properties, helping boost its 3Q24 EBITDA.

What you need to know

Thailand’s gaming market, boosted by new casino licenses and tourism, is set to surpass Singapore, becoming the world’s third-largest gaming hub.
Bloomberry Resorts sees drops in VIP in 3Q24, Entertainment City compensates Solaire North earnings as the property continues to ramp up.
Better performance in the VIP segment at Grand Lisboa Palace and Grand Lisboa main driver of SJM’s 3Q24 improvement: Seaport.

On the radar

New rules could lead to hefty fines for unlicensed online casinos in NZ.
Goa is set to launch a fully online lottery on November 18th.
Light & Wonder targets new markets amid the Dragon Train challenge.
Philippine labor department organizes job fair for displaced POGO workers.
Macau hotel booking rate exceeds 90% during Grand Prix: MGTO.

AGB Intelligence

THAILAND

Thailand poised to become the world’s third-largest gaming market

Analysts at Citigroup have high expectations for Thailand’s potential as a gaming hub, predicting it could surpass Singapore and become the world’s third-largest gaming market. Estimates are that GGR could reach $9.1 billion once fully ramped up, assuming two gaming licenses in Bangkok and one each for Pattaya, Phuket and Chiang Mai. Legislation is being fast-tracked and the country’s first IR could even open before Japan’s is finished.

Corporate Spotlight

1xBet: Capitalize on Asian teams’ World Cup qualifier struggles

Profit from the challenges faced by top Asian teams in World Cup qualifiers

Asia is the most populated continent on the planet and Football is the No. 1 sport in most countries. The World Cup qualifying matches are traditionally watched by billions of fans in the region, but FIFA has decided to reward Asia with a significant representation at the tournament only now.

Altenar brings premium sportsbook solution to Asia

Altenar, a leading sportsbook provider is bringing its global expertise to Asia, looking to expand its operations. Since 2011, Altenar has powered hundreds of online sports betting sites worldwide and is a major B2B provider in Europe and Latin America licensed markets.

Industry Updates

MGM and DSEDJ collaborate to launch the “MGM Learning Festival“.
1xBet welcomes Chris Newsome as the new ambassador for Filipino Basketball fans.
Yggdrasil and Hungrybear launch Merlin’s Beard with a customizable bonus.
Nazara integrates with ONDC to launch in-game monetization “gCommerce”.

MEMBERSHIP | INTELLIGENCE | ASEAN | CAREERS

Chris Newsome began his professional career in 2015 as a member of Meralco Bolts and was named PBA Rookie of the Year in his first season. For almost 10 years with Bolts, the basketball player captivated thousands of fans with his performance, won the PBA Philippine Cup 2024, and was twice selected to the PBA All-Star team. Newsome can do literally everything on the court: he successfully plays the shooting guard and small forward positions, and shifts to the point guard position for Gilas Pilipinas. He is a great player who leads the offense, makes key blocks, and steals, and his high basketball intelligence turns any game into a real show.

1xBet welcomes Chris Newsome as new ambassador for Filipino Basketball fans — _{PBA Champion Chris Newsome}

1xBet shares Newsome’s values: the desire to win, perseverance, and team spirit. The betting brand provides players with the best sports gambling opportunities, including profitable promos, high odds, and favorable conditions for unforgettable victories.

Get closer to your favorite player!

1xBet will organize fan meetings with Chris Newsome, draw branded merchandise with the sportsman’s autograph on its social networks, and launch an exciting promo with a generous bonus for the first deposit.

“We are excited to have Chris Newsome join the 1xBet family. Our brand helps fans to be closer to their idols and we will soon launch a joint promo with our new ambassador. We are confident that basketball fans will be thrilled. Together with Chris Newsome, we will make the game more outstanding,” said a representative of 1xBet.

“I am glad to partner with 1xBet, a trusted international brand that has supported sports in Asia for many years and always strives to be at the top. I have been working hard to make the game easier accessible to fans and now I want to open up new ways of entertainment and leisure for them,” shared Chris Newsome.

Subscribe to 1xBet and Chris Newsome social networks to not miss the launch of a new promo, the draw of valuable prizes and to be updated on the most important news!

Australia’s top gambling operators spent at least $240,000 on Facebook ads promoting novelty bets for the US election last week, according to The Guardian.

Table of Contents

PhilWeb has released its third quarter report, showing a drop in gross revenue and a considerable expansion of its net losses.

Table of Contents

A regulatory officer of the Philippine Amusement and Gaming Corporation (PAGCOR) confirmed during a council meeting that the regulator did not have jurisdiction over a raided business process outsourcing (BPM) firm in Bataan in late October.

Table of Contents

The CEO of the Hong Kong Jockey Club (HKJC) has opined that mainland China could one day allow betting on horse racing, via a lottery.

Table of Contents

DATA.BET, a leading esports solution provider, announced a strategic partnership with Nubet, a prominent operator in North Europe. Known for its expertise in delivering data-driven and user-centric betting solutions, DATA.BET will empower the brand to elevate its offerings.

Table of Contents

The Macau government has submitted its 2025 Fiscal Year Budget Proposal to the Legislative Assembly, forecasting a continued recovery in the gaming and tourism sectors. Officials expect an increase in visitor arrivals next year, although travel and spending patterns may shift.

Brokerage forecast

Table of Contents

The eGames sector in the Philippines continued to see heady revenue growth in the third quarter of the year, topping PHP35.71 billion ($606.94 million), even as overall GGR hit a record PHP94.61 billion ($1.6 billion).

Table of Contents

What you need to know

On the radar

THAILAND

Corporate Spotlight

Industry Updates

Table of Contents

1xBet, an internationally renowned company with 17 years of experience in the betting and gambling industry, and the famous Filipino basketball player Chris Newsome have signed a one-year cooperation agreement. Fans can expect a great promo, various fascinating activities, more drive, and big wins!

Champions duo

Get closer to your favorite player!

Table of Contents

ENQUIRIES & SUBSCRIPTIONS

CONTACTS