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Nazara Technologies partners with Government of Telangana to launch Nazara AI Center of Excellence

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Nazara Technologies partners with Government of Telangana to launch Nazara AI Center of Excellence

Nazara Technologies, India’s leading and only listed diversified gaming and esports company, has signed a landmark Memorandum of Understanding (MoU) with the Government of Telangana.

With this strategic partnership, Nazara aims to establish a pioneering AI Center of Excellence (AI CoE) focusing on gaming and digital entertainment, positioning Nazara as a leader in AI-driven gaming and digital entertainment space and Telangana as a global hub for AI innovation.

The Nazara AI CoE will drive research, development, and innovation in areas like gaming, interactive media, gamified learning, and other digital content, leveraging cutting-edge technologies like AI, VR/AR, blockchain, and Web 3.0. By fostering policy development, supporting startups, enhancing skills, and engaging global expertise, the Nazara AI Center of Excellence aims to empower a dynamic and inclusive community

Nitish Mittersain, Jt. MD & CEO, Nazara Technologies
Nitish Mittersain, MD & CEO, Nazara Technologies

Nitish Mittersain, Jt. MD & CEO, Nazara Technologies, said: “Telangana’s proactive approach in fostering industry growth through public-private partnerships and policy development has created the ideal ecosystem for this initiative. This collaboration will enable Nazara to further our mission of integrating AI and emerging technologies across our diverse portfolio, positioning us as a leader in AI-driven innovations in gaming and digital entertainment.”

Hon’ble Minister for Information Technology and Industries, Mr. D. Sridhar Babu, said: “This partnership with Nazara Technologies, a leader in Indian gaming, marks a significant step in positioning Telangana as a global leader in AI-driven digital innovation. The Nazara AI CoE will empower startups, enhance skills, and attract cutting-edge technology investments, creating a diverse and dynamic ecosystem. By joining forces with Nazara, we are committed to driving economic growth and setting new standards in responsible AI applications in gaming and beyond.”

Telangana, India

According to reports, Nazara Technologies’ share price surged up to 4.3 percent at Rs 987.95 per share on the BSE in Thursday’s intraday deals after the company joined hands with the Telangana state government to open an artificial intelligence (AI) Center of Excellence (CoE). 

Altenar releases new Ganagol tool, a game-changer for LatAm markets

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Altenar releases new Ganagol tool, a game-changer for LatAm markets

Altenar, the leading sportsbook and iGaming software supplier, has upgraded its compelling betting tools offering with the new Ganagol game.

The latest addition to Altenar’s software is an alternative form of sports betting that boosts engagement and brand loyalty for operators. Rather than betting on individual events, Ganagol allows players to pay an entry fee for the chance to predict the outcome of a series of events for prizes.

By using the new tool, also known as Toto in some parts of the world, players can predict the result of a series of football fixtures, with a clean sweep of correct outcomes winning a large prize, while a specific number of results lands them smaller rewards.

Altenar’s operator partners will also be able to choose the game format, including match results or correct scores, to meet their needs, as well as customising the payout structure to allow for weekly prizes or rollover jackpots.

A percentage of the entry fee can be added to the category payments, meaning the prize pot increases in line with the number of participants, adding a sense of anticipation as the potential winnings rise. To add further interest, players can also predict the range of goals scored in the same set of fixtures.

This new release serves as a significant differentiator for operators with an eye on global expansion, with the product particularly popular in LatAm.

Dinos Doxiadis, Sportsbook Product Development Manager at Altenar, said: “This is an uplift of a product that has had great adoption in LatAm. “The new functionalities give our operators more options to increase user engagement, retention and acquisition. We believe that it is by far the most sophisticated tool of its kind across the industry.”

Pronet Gaming partners with PHOENIX 7 to elevate online gaming experience

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Pronet Gaming partners with PHOENIX 7 to elevate online gaming experience

Pronet Gaming has forged a new dynamic partnership with PHOENIX 7, a renowned international online casino games provider. This collaboration marks a significant expansion of Pronet Gaming’s award-winning entertainment platform, bringing a fresh wave of innovative gaming experiences to their operators and customers. 

PHOENIX 7 games are uniquely inspired by traditional Japanese pachinko machines, similar to a pinball machine, blending these with popular Western slot themes to create a distinctive and engaging gaming experience. 

Pronet Gaming, Alex Leese, Philipinnes, ASEAN gaming Summit

“We are excited to have joined forces with PHOENIX 7,” said Alex Leese, CEO of Pronet Gaming. “Their innovative approach and variety of game offerings will significantly enrich our platform, providing operators with more exciting options and players with a new range of captivating gaming experiences.” 

Phoenix 7

“From the outset, Pronet Gaming demonstrated exceptional professionalism,” said Ondela Vundisa, Account Manager of PHOENIX 7. “Their team is well-versed in achieving set objectives, making our collaboration both smooth and rewarding.”

The integration of PHOENIX 7 content into the Pronet Gaming platform will allow for an even richer selection of games. Operators within the Pronet Gaming network can now deliver PHOENIX 7’s innovative titles to their customers, enhancing player engagement and satisfaction. This new partnership underscores Pronet Gaming’s commitment to delivering top-notch entertainment and staying at the forefront of the iGaming industry.

Games Global and OROS Gaming unveil ‘Magnificent Power Bastet’ in iconic series expansion

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Games Global and OROS Gaming unveil ‘Magnificent Power Bastet’ in iconic series expansion

Games Global’s exclusive studio, OROS Gaming, released the latest installment in its Magnificent Power series—Magnificent Power Bastet—featuring mythological themes, free spin multipliers, and the much-loved Magnificent Power mechanic.

Adorned with pyramid, necklace and different coloured jewel symbols, this Ancient Egypt inspired slot immerses players across its base five reels, with plenty of hidden riches to discover when three or more adjacent symbols land awarding a win.

The free spins multiplier is displayed in a meter above the reels, and for every beetle symbol that lands, the multiplier is increased by 0.5x, up to a maximum of 10x. Free spins bonus also offers the opportunity for instant wins, with gold symbols paying in any position. Landing six gold symbols anywhere on the reels awards players 10x their bet.

The replace feature offers an extra chance for players to win big. After a losing spin that includes a wild, all symbols are removed from the grid and replaced with high-paying symbols, securing a chance to win.

OROS Gaming is committed to understanding player preferences, staying ahead of industry trends, and delivering the content that resonates most with users, as seen throughout its highly successful Magnificent Power series. This dedication drives the company to create high-quality slot games that consistently meets and exceeds player expectations.

Ryan Cuddy, CEO at OROS Gaming, said: “Magnificent Power Bastet™ transports players to ancient Egypt in this timeless slot, packed with innovative features and mechanics that offer numerous chances for big wins. “The return of the beloved Magnificent Power™ mechanic combined with this beautiful theme is bound to resonate with players across the globe.”

Andy Booth, Chief Product Officer at Games Global, said: “With the release of Magnificent Power Bastet, we continue to push the boundaries of innovation and deliver on our commitment to provide premium gaming experiences that captivate players across the globe. “This latest installment in the Magnificent Power™ series blends mythological themes with thrilling mechanics, offering players an immersive adventure and the potential for significant rewards, and we’re excited to see how fans embrace the ancient treasures waiting to be uncovered.”

3 Oaks Gaming introduces ‘Amazonia Spirit: Hold and Win’ with six exciting jackpots

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3 Oaks Gaming introduces ‘Amazonia Spirit: Hold and Win’ with six exciting jackpots

3 Oaks Gaming, an iGaming content distributor, has launched its newest Hold & Win title, Amazonia Spirit, a captivating slot introducing six fixed jackpots, including the Royal Jackpot, which awards players x10,000 their stake.

In the Hold & Win Bonus round, butterfly-themed Bonus symbols land with Mini, Minor, Midi, Major, and Grand Jackpot values. Filling the entire grid awards the coveted Royal Jackpot, the highest reward in the game.

To trigger the Bonus round players must collect six or more Bonus, Boost or Mystery symbols during the main game. Adding an extra layer to the gameplay, the Mystery Symbol can reveal any Jackpot, Bonus symbol, or the Boost symbol.

An alternative route to the Bonus round is offered by the Lotus Meter, which collects all Bonus Symbols, activating the Hold & Win feature when filled.

The Free Spins round, triggered by landing three or more Scatter symbols in the main game, awards players with eight Free Spins and additional opportunities to land Boost, Mystery, and Bonus symbols.

Sebastian Damian, Managing Director of 3 Oaks Gaming, said: “The combination of captivating visuals, engaging features, alongside six-fixed jackpots will ensure Amazonia Spirit stands out in any operator’s offering. “This slot is set to keep players engaged with every spin and we believe it will resonate deeply with both our partners and their audiences.”

Daily Asia Gaming eBrief: Public hearing approval boosts Thai move towards casinos

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Daily Asia Gaming eBrief: Public hearing approval boosts Thai move towards casinos
Good morning. Little by little, step by step. Thailand is inching closer towards its goals to open an entertainment complex with a casino before Japan does so. A recent public hearing saw very solid approval ratings towards the government’s plans. However, multiple hurdles still need to be cleared. Meanwhile, the Hong Kong Jockey Club is facing significant challenges, after slowdowns in multiple segments, including illegal betting and, surprisingly, competition from Macau’s casinos.

What you need to know

On the radar

AGB Intelligence

THAILAND

Thailand, Casino, Entertainment., IR legislation, What will be the impact of Paetongtarn "Ung Ing" Shinawatra becoming Prime Minister of Thailand, particularly her aim to legalize casinos, a vision rooted in her father Thaksin Shinawatra's legacy.

Public hearing supports advancement with entertainment complexes

A public hearing on Thailand’s plan to move ahead with entertainment complexes featuring casinos saw massive support, with an 80 percent approval rating. This bodes very well for the next steps towards legislation and implementation, after a tumultuous period mixing politics and public sentiment, clouding clarity for investors. Multiple steps are still necessary for full authorization, however the sky is looking brighter for interested operators.

Corporate Spotlight

Altenar brings premium sportsbook solution to Asia

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.

1xBet, The most popular gambling games and slots in Asia

For global betting company 1xBet, Asia is a key market for several reasons. This is why 1xBet pays special attention to the Asian market and actively promotes its sports betting platform and the most popular gambling games on the continent.

Industry Updates

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Creditors of IPI continue to oppose sale price of casino property

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Creditors of IPI continue to oppose sale price of casino property

The unsecured creditors of Imperial Pacific International continue opposed to the bid price for the sale of the casino property, filing an opposition to IPI’s motion to approve the bid price of $10 million.

According to the Saipan Tribune, the committee of IPI creditors feel that the bid is too low and works in favor of proposed purchaser Loi Lam Sit.

Earlier this month, the CNMI government indicated its similar opposition to the asset sale, citing creditors’ interests.

This prompted IPI to bring its bankruptcy agreement to the district court to approve the bid procedure for the sale.

This was partially due to Loi Lam Sit initially proposing a $7 million loan to finance the bankruptcy proceedings, while only providing around $1.5 million for the liquidation. Loi Lam Sit is defined as a “friend of the debtor”.

The committee of creditors, via its attorneys have claimed that Sit has “dubious connections to the debtor and its principals”.

They further that “the proposed bid procedures unfairly favor Mr. Sit, without ever requiring him to demonstrate his ability to satisfy the leasehold obligations, his wherewithal to operate a hotel, or his connections to the debtor”.

One of the creditors’ attorneys furthered that “The only viable outcome, therefore, is the sale of the debtor’s assets through a strategic marketing process to bring it to an operating casino and hotel, ensuring not only the highest possible recovery for the creditors but also securing the tax revenue, tourism, and job creation that it would bring to Saipan”.

In particular focus is the casino license itself, which the Commonwealth Casino Committee (CCC) has indicated would not be reinstated to the debtor or connected parties. The CCC has, however, indicated that it could grant a casino license to disinterested bidders.

“By excluding the casino license from the scope of ‘acquired assets,’ the proposed bid procedures fail to capture the cumulative value of the assets as a casino hotel and dissuades potential buyers in the gaming/gambling industry from ever submitting a bid. Instead, the debtor proposes bid procedures which have been narrowly tailored to serve the interests of Mr. Sit, who does not qualify to operate a casino,” indicated the creditors’ attorney.

The Northern Mariana Islands bankruptcy court is set to hear oppositions on September 19th.

No report yet on displaced POGO workers: Labor Secretary

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No report yet on displaced POGO workers: Labor Secretary

No report on displaced Philippine Offshore Gaming Operator (POGO) workers has yet been received by the nation’s Department of Labor and Employment, according to the Labor Secretary.

Secretary Bienvenido Laguesma
Secretary Bienvenido Laguesma

Speaking to media, Secretary Bienvenido Laguesma noted that authorities were monitoring the National Capital Region (NGR) as “that is where the majority of IGLs are”.

Internet Gaming Licensees (IGLs) was how POGOs were rebranded.

The official also indicated that some 20,000 POGO workers had been profiled, with most able to transition into admin, finance, HR or encoding-related jobs. Previously, the head of the Philippine gaming regulator, PAGCOR, had indicated up to 40,000 workers could be affected.

“We are happy. Their company is cooperative. They are providing the list of workers that might be affected by the closure of IGLs by the last month of the year. This is ongoing and we would like to see that we are able to provide proper assistance,” noted the official, as cited by the nation’s news agency.

Affected workers are also suggested to utilize an online job application matching system, PhiJobNet, while a job fair for affected IGL workers is expected “within the month”.

The nation’s president in July announced a ban on POGO operations, ordered to close up shop by the end of the year.

Sands China and Agoda join hands to promote tourism diversification in Macau

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Sands China and Agoda join hands to promote tourism diversification in Macau

Macau’s premier integrated resort operator, Sands China Ltd. has entered into a partnership with digital travel platform Agoda to proactively promote Macau to an international audience, with multiple marketing campaigns planned for a Q4 launch. The arrangement is in line with Sands China’s active support of Macau as a World Centre of Tourism and Leisure.

Kris Kaminsky, Senior Vice President of Hotel Operations, Sands China Ltd. said, “We are thrilled to have cemented this meaningful agreement with Agoda. As visionary companies in our respective industries we believe that we can make a positive impact on Macau’s tourism economy, and is further demonstration of Sands China’s commitment to supporting the various tourism+ initiatives and increasing diversification of visitor source markets.”

Andrew Smith, SVP of Supply at Agoda said, “At Agoda, our goal is to simplify travel booking and enhance convenience for our users. With just a click of a button, travelers can access everything they need, from accommodations and flights to food and beverage options, and activities. We are excited that, through this partnership, we can provide visitors to Sands China’s properties the opportunity to experience the unique attractions of Macau and see the world for less.”

Sands China and Agoda intend to leverage their respective resources and strengths for mutually beneficial cooperation and to promote the comprehensive development of the Macau tourism market.

DATA.BET introduces Pitch Tracker

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DATA.BET introduces Pitch Tracker

DATA.BET, a leading esports betting solution provider, has launched the brand new feature Pitch Tracker. It allows bettors to interact and analyze data, providing real-time insights into player performance and game dynamics.

Being a part of Odds Feed, Pitch Tracker is a unique 2D map visualization in a top-down view that allows bettors to see every action unfold live, giving them the insights to make well-considered decisions. The Pitch Tracker has already been launched for LoL, and soon will be presented for other disciplines such as Dota 2, CS2, and Volarant will soon be introduced. This personalized content ensures every user sees relevant information, boosting confidence in betting decisions.

For operators, the Pitch Tracker offers competitive advantages, such as increased user engagement and time spent on the page. Users don’t need to switch to external sites for additional information, which is especially important in regions with unreliable internet connections.

“We understand that clients need real-time updates and comprehensive game overviews to make informed betting decisions,” said Rostyslav Likhtin, Product Manager at DATA.BET. “Another component of our widget offerings is the Scoreboard, launched in July this year and has already been implemented across all major esports disciplines. Together with Pitch Tracker, these tools provide an extensive solution that enhances the user experience and drives operators’ revenue.”

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