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Prague Gaming & TECH Summit 2025 (25-26 March)

iGaming Industry

Exclusive Interview with Sue Schneider, global iGaming expert

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Another exclusive interview by Szaló Réka, with global iGaming expert Sue Schneider.

 

Sue Schneider is one of the world’s leading experts on the internet gaming industry which she began monitoring in 1995. Starting as an owner of leading gaming consumer portal from ’95-‘99, she then launched River City Group, which produced the largest i-gaming events in the world as well as key industry trade publications, such as iGamingNews.com and the Internet Gambling Report.

She is a frequent speaker at international gaming conferences and has testified to both the US Senate, the US House of Representatives as well as the National Gambling Impact Study Commission in that country.

We are very grateful for your generosity to answer our questions. First I would like to ask you to shortly introduce yourself and tell us when and why you started working in this industry.

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Schneider: My name is Sue Schneider. I started in the gaming industry in the early 90s assisting several gaming operators who were exploring developing facilities in Missouri. In ’93, I began editing a print riverboat gambling publication for the St. Louis area. We brought that publication online in ’95.

What are your roles in the gaming industry today?

Schneider: I serve as Editor-in-Chief of Gaming Law Review and assist several conferences with developing their i-gaming content.

You are the Former Editor of RGT-Online and before that you had also edited the print version of Rolling Good Times for two years. Why did you stop editing RGT-Online?

Schneider: I’ve always like the business side of publications over consumer publications which Rolling Good Times was.

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Currently you are the CEO of the River City Group LLC. Will you please tell us more about this company?

Schneider: I sold River City Group to Clarion Gaming in 2006.

What is your opinion about the state of the gaming industry in general, and the online casino industry in the USA?

Schneider: It’s been very slow going. I was pleased to see that we added another state (Pennsylvania) to the ranks of legalized states this year. On the other hand, I used to think that sportsbetting would never be legal in my lifetime but I’m much more optimistic about that now.

What are your future plans on professional level?

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Schneider: I’ve hit semi-retirement at this point and enjoying it thoroughly.

Which were the most difficult periods in your career so far and what do you consider your greatest success?

Schneider: I think the most difficult period was after the UIGEA was passed in the US Congress in the fall of ’06. It seriously impacted our lead event, GIGSE, which was in Montreal (but people didn’t want to fly anywhere near the US at that point.)

My greatest success, in my mind, was organizing the nascent industry into the Interactive Gaming Council. I chaired it between ’96-’04. It was often like herding cats but it truly did give the industry a single voice during that timeframe.

You are a frequent speaker at international gaming conferences. What is your experience and personal opinion about the present state of gaming industry in Europe and what do you think is the biggest challenge of this industry today?

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Schneider: I think the biggest challenge in Europe is having to be licensed in every jurisdiction. The same is a major issue in the US. It drives up compliance costs with few systems that allow for a way to cut down on that bureaucracy. It’s a very expensive gesture for operators and suppliers.

Who is your favorite actor or actress?

Schneider: Meryl Streep.

Where would you travel the most in Central Europe?

Schneider: It’s hard to pick out one country. I love river cruises and a cruise up the Danube through several countries was one of my most pleasant trips there.

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Source: EEGaming.

Alejandro Navarro

Betski Secures $345,000 in Pre-Seed Funding for First-ever Tokenized Casino Ownership Platform

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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.

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“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

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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.

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Bradley Khoury

eCOGRA Approved to Operate in Arizona, Indiana and Panama

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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.

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“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.”

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BetConstruct

BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024

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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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