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Openbet signs content deal in Philippines

Tuesday July 3, 2012 : ONLINE GAMBLING SOFTWARE DEVELOPER IN PHILIPPINES DEAL
 
Ongame to supply fixed odds games content for internet terminals
 
The online gambling software developer OpenBet has signed a content deal that gives it entre to the internet terminal market in the Philippines, the company has announced.
 
The contract will see Openbet supply fixed odds games, known locally as Instawin, to PGI and its Philippine subsidiary, IEST for use on terminals to be deployed in PAGCOR’s authorised entertainment venues throughout the Philippines.
 
PAGCOR operates and regulates bingo, e-Games Cafes, poker rooms, casinos and VIP clubs nationwide.
 
Each terminal, provided by IEST, will be connected to the internet and will feature fixed odd (Instawin) games supplied by OpenBet, to complement its existing sports betting offering.
 
Over 60 games, including popular titles such as Cash Drop, Lucky Reactors and Caddy Scratch, have now gone live in existing PAGCOR‟s authorised outlets, with further titles expected in due course. PGI aims to have over 500 terminals containing OpenBet content go live by the end of 2012, with more planned thereafter to be deployed throughout the Philippines.
 
As recently highlighted in the PwC Gaming Report, the Asia Pacific region has a CAGR of 18.3 percent with the Philippines having the second largest at 20.3 percent. The region‟s total gaming revenues are expected to top US$67 billion by 2013.
 
David Loveday, chief executive officer at OpenBet, said: “The Asian market is a fast growing, important market with an ever-evolving regulatory environment. This supplier agreement gives us a first-mover advantage with one of the Philippines‟ early licence holders. As the gaming industry in this region develops and grows, so too will OpenBet through this key partnership with PGI”.
 
Carl Wahlin, director and business development manager at PGI, commented: “When undertaking any form of internet-based gaming in a market where regulation is at an early stage, it is imperative that you surround yourself with suppliers that understand the legal boundaries. When choosing a partner to supply our Instawin fixed odd games, OpenBet was the natural choice. They are a market leading software supplier with an unquestionable reputation for probity and we look forward to working with them going forward”.



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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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