iGaming Industry
Riga Gaming Congress: speaker interview with Eman Pulis
Eman Pulis is an expert with fifteen years of experience in organizing exhibitions, summits and conferences. His projects include the largest international gambling forum SiGMA in Malta. The first SiGMA gathered several thousands of participants; with every year, their number increases. At Riga Gaming Congress, Eman Pulis will tell how the work on such a large-scale event is conducted, present the SiGMA-2017 announce and take part in the discussion session concerning gambling legal aspects. We asked the expert to answer some questions about his personality and activity.
– You often refer to yourself as a “startup-romantic”. What does it mean for you and how does it describe your business approach?
EP: I have been a start-up all my life, trying new things, often failing because I didn’t know better and also because I could have used a little more support and mentoring. I still consider my projects to be at the start-up level, but with a very solid proof of concept. The business, be it events (SiGMA, Affiliate Grand Slam), software development (SMSwarriors) or affiliation (BonusVikings), is growing healthily.
As a result, thanks to the SiGMA platform, I’m using this show as a launchpad for other start-ups to network, get the necessary mentoring and support, not only from us (our knowledge is limited), but especially from dedicated mentors and investors, who are attending the show for this purpose. We launched the SiGMA startup pitch last year and feedback this year is phenomenal with over 80 startups having applied already and some of the best gaming venture capitalists worldwide attending. We are giving startups around 20,000 Eur worth of goodies, from a booth at SiGMA to free office space in our Gaming Hub in Malta and much more. All of this is free!
– Tell us briefly about the results of the last SiGMA summit. How many participants, speakers, and presentations have been involved? What about the feedback? What was implemented for the first time?
EP: SiGMA is literally doubling in size every year for the past four years. What started as a humble show with 1,300 delegates is this year anticipating 250 sponsors and exhibitors, 150 speakers and 6-7,000 delegates – including affiliates, operators, vendors, startups, investors and regulators. The floor plan is sold out six months before the show – which is unprecedented in this industry.
– You are known as a founder and organizer of SiGMA, but you also have other gambling projects. Could you say a few words about them?
EP: I actually made it clear to myself that I would never do business in gambling outside SiGMA. I have been unofficially blessed with the privilege of putting the spotlight on Malta thanks to this event called SiGMA and I want to carry this project with no conflicting interests.
Imagine me, as the CEO of SiGMA, trying to sell a sponsorship to a games developer if I have vested interests in another games development company? Or trying to sell an operator a booth whilst at the same time competing for traffic with that casino with my own casino brand. Would these companies trust their brands with me and with SiGMA? No.
As a result of this line of thinking I have respectfully declined offers for shares in a number of companies, even when I saw that the profits were lucrative. I take the time to explain that my neutrality in the show is what made them approach me in the first place and, in all cases, they have their mind at rest that I would never have vested interests in any other gaming company.
This, I must say, is an intangible asset that I hold very dear.
– What could be considered as the most challenging in preparation to the event of such scale?
EP: Oh my! So many challenges! Thankfully I’m a bit of an OCD (ha!) so I strive for perfection in every little step we make as a team – be it content writing, manning of stands, customer service – the biggest challenge is managing a team of around 200 employees on the two days of the show – from securities, ticketing staff, cleaning, speakers, booth builders – it needs to run as smooth as an orchestra.
Thankfully, I’ve been in the business of organising events for fifteen long years – be it parties, concerts, conferences or expos.
The bigger the show gets the more I realize on the need to delegate and resist micro-managing everything. To this extent, surrounding yourself with the best talent is paramount.
– Who is involved in the team of SiGMA organizers? How many people are necessary to get the massive event ready in one year?
EP: WE are only around five people in total, working full time all year round. Closer to the show we beef up those numbers obviously.
– What is planned for SiGMA-2017 participants? Something special for the fourth congress?
EP: After three years, we felt the time was right to shift to a bigger venue that meets the needs of a growing show. This year SiGMA will be situated a stone-throw away from the old charming city of Mdina. The focus by day will be at the Malta Fairs and Convention Centre (MFCC), then once the sun sets down, the focus will shift back to the official hotel, Corinthia San Gorg, and the surrounding restaurants in the city that seldom sleeps, St. Julian’s.
This year there’s something new, quite literally, for everyone:
- IMGL are officially endorsing this show for the very first time with two regulatory panel discussions;
- The GPI European Poker Conference shifted to Malta within SiGMA;
- Gaming Malta partnered with SiGMA to launch the very first DFS conference;
- A new, dedicated conference on Blockchain and Cryptocurrencies;
- A new, dedicated conference on Bingo;
- A new top-tier SEO masterclass for the very advanced;
- KPMG strengthened their partnership with their e-Summits;
- New world-class investors have joined last year’s lot, including Mark Blandfort, Simon Collins, Walker Parker, Julie Meyer and many more;
- The line-up of start-ups shot up from a humble eight last year to over fifty this year;
- The number of delegates shot up from 3,800 to a staggering 7,000 delegates;
- The number of affiliates shot up from 1,200 to a staggering 2,600 (check graphs so I tally);
- The foot print of our expo as well as the number of exhibitors tripled;
- World class brands are gracing our floor plan for the first time – Bet365, William Hill, Ladbrokes, PokerStars, Processing.com, Kindred, iGaming Platform, NetRefer, MyAffiliates, Twin, Casino Cruise, White Hat Gaming, Ikibu, Viarsys, Authentic Gaming, Blexr, Booming Games, Gambling Affiliation, Af2Af and many more first time exhibitors;
- The Malta Gaming Awards have been upgraded to recognise emerging trends in the industry;
- Our careers convention will welcome over 1,000 recruits, all hoping to land the career of a lifetime;
- We kept in close contact with all stakeholders throughout the year with a series of lavish dinners called iGatherings;
- We launched Affiliate Grand Slam; Tallinn in April, then Bucharest in September, flying a whopping 200 affiliates to each destination on an all-inclusive treat, saving no shillings along the way;
- Our publications grew bigger, slicker and reached more corners around the world;
- We persuaded the industry to ditch the vodka red bull; and started a new whiskey & cigar culture!
- 1,000 top level delegates benefited from our VIP Program.
– Are you aiming to expand the event geography and organize it in Europe, Asia, America? Or perhaps Malta and SiGMA are together forever?
EP: Only time will tell whether we expand the show further – for the time being SiGMA belongs in Malta and there is little scope for us to relocate elsewhere. Malta has been very kind to us and we feel right at home with the show in this charming Mediterranean state.
…
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Source: EEGaming.
Alejandro Navarro
Betski Secures $345,000 in Pre-Seed Funding for First-ever Tokenized Casino Ownership Platform
Betski is set to launch its online casino ownership platform in Q1 of 2025, enabling users to earn casino profits through digital tokens. The system will allow anyone to receive a share of casino earnings without managing casino operations, marking a new chapter in the multi-billion-dollar iGaming industry. Supported by a $345,000 pre-seed funding round, the platform aims to democratize access to casino earnings and reshape the multi-billion-dollar gaming industry.
Opening Casino Ownership to Everyone
The platform’s tokenization system reshapes traditional casino business rules through an automatic profit-sharing program. Token holders receive a percentage of every bet placed on the platform.
This system eliminates steep entry costs, such as operational expenses, licensing fees, and administrative management. Users can start earning returns without previous casino experience or large capital investments.
“A small group have exclusively enjoyed casino industry profits until now. Our platform opens these earnings to everyone through our tokenized profit-sharing system, turning users into online casino owners,” said Alejandro Navarro, founder and CEO of Betski.
Direct Profit-Sharing Through Tokens
Through a verified digital system, the ownership program distributes Gross Gaming Revenue (GGR) among token holders. Investors have recognized this potential, contributing $345,000 in pre-seed funding that combines gaming entertainment with digital asset ownership. The platform maintains strict security protocols and automated distribution systems for reliable profit sharing.
“The platform distributes real money to token holders from every bet placed by players. This creates a steady income stream for online casino owners – something the traditional casino structure has never offered,” said Navarro.
Global Growth of Online Casino Ownership
The platform has attracted 2400 active Discord members and over 20,000 followers on X (formerly Twitter). These early adopters are expected to participate in test runs of the profit-sharing system once it goes live. Over the next 24 months, the platform will roll out first in Latin America, followed by expansion into European and select Asian markets.
Betski offers casino games, live casino experiences, eSports betting, global lotteries, fantasy sports, and traditional sportsbooks. This variety creates multiple revenue streams for online casino owners. Players can access all gaming options through a single interface, which streamlines the betting experience and maximizes potential returns for token holders.
The team has partnered with major payment processors and marketing agencies to support the platform’s global expansion. These collaborations will facilitate smooth transactions and user acquisition across different regions. The platform meets all regulatory requirements in its target markets, certifying long-term stability for token holders.
New Opportunities for Investment
Following the successful pre-seed round, Betski is now opening its seed funding round to welcome additional participants into its casino ownership platform. This investment opportunity enables individuals and entities to join the platform’s growth journey ahead of its official launch in Q1 2025.
Bradley Khoury
eCOGRA Approved to Operate in Arizona, Indiana and Panama
eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.
This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.
Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.
In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.
“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.
Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”
BetConstruct
BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
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