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AIPoker made its debut in South Korea to overturn the traditional business model for online poker games

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AIPoker made its debut in South KoreaReading Time: 4 minutes

 

AlGame Foundation, located in Singapore, launched its first public project called AIPoker on December 4th in Seoul, South Korea. AIPoker will be the first online poker game platform worldwide that integrates AI, big data, and blockchain technologies.

The project was revealed at “99EX Global Launching Conference & Initial Project Launching Introduction”. 99EX trading platform is one of the first exchanges launched by the “Open and Win-Win Exchange Plan” under the leadership of the world’s leading digital currency exchange OKEX. AIPoker is one of the quality projects around the world that were selected by 99EX.

The AIPoker team has over 10 years of experience in the online poker games industry in Greater China. The team created the business model of a united operation with online game platforms as well as offline large-scale events, poker clubs, industrial media, TV programs, and related training based on Texas Hold’em, establishing the preliminary form of the Texas Hold’em game industry in China.

In the meantime, the team also launched the offline event “CPC China Poker Game Carnival” in Hainan, China, one of the few major sports events officially certified by China. The CPC event has been held five times so far, attracting over 10,000 players from all over the world. In particular, the bonus for the 2017 CPC main event alone exceeded $1.6 million.

The AIPoker’s technical team also developed its management system Match Manager to manage thousands of competitors in large-scale offline games.

With its in-depth understanding of the online poker industry, the team proactively embraces cutting-edge science and technology. AIPoker is their first hit to overturn traditional “online poker games”.

The team stated that the core gameplay launched in AIPoker is based on AIGame Foundation’s technological patents. The AI automatic strategy system that can perform human-created strategies is going to utterly change the gameplay of the traditional online poker games. The crux of this set of technological patents lies in the practice of letting users edit and create “strategies”. Then the machine will precisely apply the strategies made by the player in dozens or even hundreds of games.

This means that players can take part in a dramatically larger number of games than usual. New players, can participate in the game by selecting a high-win-rate strategy on the ranking list. Once a player wins a game, the player who composed the strategy will get a revenue share.

AIPoker’s big data system will present various statistics to players in the form of the visual chart, so that players can summarize and improve their strategies and take steps to enhance their tactics in offline games. AIPoker can also use more in-depth methods such as comparison data mining and simulating machine learning to provide players with highly professional strategy optimization advice.

The AIPoker team believes that the open, transparent, and traceable features of the blockchain technology will help the online poker industry solve a series of difficult problems such as the difficulty in payment and exchange, and player or platform cheating. The blockchain technology will provide a convenient payment channel for legitimate poker players worldwide.

In AIPoker, players can not only use the AIPoker Token AIG to participate in the game but also can use Bitcoin, Ethereum, and other mainstream currencies to exchange for AIG.

The multiple hashes carried out with the block ID will act as the random seeds to ensure the randomness of the card shuffling and card dealing of every game. Strategies used by players and the results of every decision-making step will be recorded, and the link of the record and the hash value will be written into the blockchain forever, so that they will never be changed and can be traced back at any time to guarantee fairness.

Dong Wang, chairman of the AIGame Foundation said that the blockchain technology and games are naturally matched. AIPoker, the first project launched by the foundation, ambitiously aims to overturn the entire industry with the blockchain technology, rather than simply using tokens to replace the chips of the game.

“AIPoker hopes that the players’ wisdom and contributions can be converted to value. We understand the poker game players in the world of traditional currencies, and AIPoker can settle the ubiquitous problems faced with existing blockchain game projects, promote the size of existing digital currency users to a higher level, and transform users of traditional currency system to owners of digital currency assets.”

“AIPoker’s determination will be reflected in the business model of the entire project community. We created the GRANDJACKPOT business model. AIPoker does not gain profits from the operating income. Instead, 100% of the revenue will be returned to the community.”

“It is the players who are the master of AIPoker. Only by deciding all affairs of the community via collective discussions and democratic autonomy can we create a decentralized community-based business ecology,” Wang added.

AIPoker online poker game platform is undergoing intense development, and the community version targeting community users will be launched in early 2019.

AIPoker is the first AI poker game released by AIGame. In the near future, AIGame Foundation will continue to extend to other types of AI games such as AI strategy games and AI board and card games.

AIGame Foundation will also develop open source AI technologies in the community to encourage community members to create more AI puzzle games following the spirit of and comply with AIPoker’s technical purpose. In the meantime, AIGame will cooperate and share achievements with multiple valuable parent chains and game projects to create a bigger and wider AIG business space.

AIPoker official website: www.aipoker.io

AIPoker’s platform Token AIG will be released on the 99EX trading platform soon.

 

Source: AlGame Foundation


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George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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PH 3RD QUARTER GGR FLAT AT PHP94.51B AMID ONLINE GAMING REFORMS

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The Philippine gaming industry posted Php94.51 billion in gross gaming revenues (GGR) in the third quarter of 2025, a slight dip from the Php94.61 billion a year earlier as the industry adjusts to online reforms and tighter rules on digital payments.

The Philippine Amusement and Gaming Corporation (PAGCOR) said the Electronic Games (E-Games) segment remained the strongest performer, rising 17.4% to Php41.95 billion from Php35.71 billion year-on-year.

PAGCOR Chairman and CEO Alejandro H. Tengco noted, however, that the E-Games growth was mainly due to strong July 2025 numbers as revenues in August and September declined following the mandatory delinking of e-wallets from legitimate gaming platforms.

“The figures reflect an industry that is adjusting to necessary safeguards,” he said. “The delinking of e-wallets resulted in a short-term decline in activity toward the latter part of the quarter,” he said. “However, these measures are vital to protect players and ensure secure, transparent transactions.”

He also cautioned that while legitimate operators strictly comply with the new rules, illegal online gaming sites continue to expand aggressively, putting players at risk.

“These unauthorized platforms do not follow responsible gaming standards, do not pay taxes, and put players at risk of data theft and fraud,” Mr. Tengco said. “We urge the public to avoid illegal sites and to engage only with PAGCOR-licensed platforms.”

Outside of E-Games, all other gaming segments registered lower earnings during the third quarter.

PAGCOR-operated casinos recorded an 11.6% decline from Php3.64 billion to Php3.22 billion, while licensed casinos fell 10.2% from Php50.72 billion to Php45.56 billion. Bingo revenues likewise slid 16.2% from Php4.52 billion to Php3.79 billion.

In terms of GGR share, PAGCOR-operated gaming venues generated 3.4% of the GGR pie while licensed casinos brought in 48.2%. E-Games contributed 44.4% and bingo operations accounted for 4% of GGR during the quarter in review.

Despite the downward trend in some gaming segments and adjustments in the online digital payment ecosystem, Mr. Tengco expressed confidence that the industry would regain momentum as players adapt to new e-wallet protocols while authorities strengthen enforcement measures against illegal gambling portals.

 

The post PH 3RD QUARTER GGR FLAT AT PHP94.51B AMID ONLINE GAMING REFORMS appeared first on European Gaming Industry News.

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Kambi Group plc’s CEO Werner Becher acquires shares in Kambi

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Kambi today announces that CEO Werner Becher acquired 28,360 shares in Kambi on 7 November 2025.

Werner Becher has on 7 November 2025, through his associated company WBCH Invest Ltd, acquired 28,360 shares in Kambi. The average price for the transaction was SEK 114.24 and the total value was SEK 3,239,846.

Following the transaction, Werner Becher holds a total of 98,360 shares, equal to 0.33% of the total share capital, and 279,724 options in the company.

The transaction was reported to the Malta Financial Services Authority on 10 November.

The post Kambi Group plc’s CEO Werner Becher acquires shares in Kambi appeared first on European Gaming Industry News.

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xpate Automates Fraud and Chargeback Management for Regulated Industries

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New tools help merchants in regulated industries react faster to fraud, reduce losses, and streamline dispute resolution through the xpate merchant portal.

Fraud and chargebacks continue to weigh heavily on high-risk sectors, with fraudulent chargebacks making up more than half of all disputes worldwide. In this context, xpate, the all-in-one payments and banking hub, has launched new fraud and dispute management automation features to help merchants in regulated industries manage risk in real time, minimize financial losses, and simplify dispute handling.

With regulated industries facing fast-moving fraud patterns and complex dispute environments, xpate’s automation tools give merchants operational control, enabling them to identify, manage, and resolve potential fraud and chargebacks directly within the xpate merchant portal. Automated notifications ensure timely responses and consistent adherence to acquirer and network requirements.

“xpate’s mission is to simplify every part of the payment process, including the moments that require extra protection,” said Mike Shafro, CEO of xpate. “By automating fraud alerts and dispute processes, we’re removing friction and giving merchants back valuable time to focus on growth.”

The launch comes at a time when chargeback values in these industries average nearly $100 per case, underscoring the need for faster, automated solutions to protect revenue and maintain compliance. xpate’s real-time fraud notifications from card schemes and issuers give merchants an early chance to act before a chargeback occurs, for example, by issuing a refund to avoid penalties and protect their dispute ratios. Automated alerts ensure merchants respond within strict timeframes, helping them stay ahead of acquirer and card network requirements.

xpate has also introduced a fully integrated dispute workflow within its merchant portal. Merchants can now manage every stage of a dispute in one place, from reviewing new chargebacks and collaboration requests to submitting evidence or accepting liability. Larger operators can feed xpate’s notifications directly into their internal automation systems to streamline processing at scale.

“Every minute counts when it comes to collaborations, disputes, and fraud. Automation means our merchants can react in minutes, not days,” said Alex Fedorov, Senior Product Manager at xpate. “Whether they prefer to manage disputes manually or let xpate handle them, they now have full visibility and control.”

The new automation capabilities reflect xpate’s broader goal of simplifying payments and back-office operations for businesses of all sizes. xpate focuses on removing complexity rather than adding to it, a principle that continues to set the company apart as it develops solutions shaped by real merchant needs. In fast-moving, highly regulated industries where compliance requirements change quickly, xpate takes a practical, forward-looking approach to risk management and regulation, adapting to new standards instead of outdated industry barriers.

xpate is reshaping how businesses move money across borders. Founded in Riga and operating across Europe, xpate provides a single payments platform that connects banks, cards, and alternative payment rails, allowing merchants, marketplaces, and financial institutions to manage transactions and compliance in one place. With built-in orchestration and account management, it enables merchants to route, reconcile, and manage payments across multiple banks and payment rails. The company is among the first non-bank institutions with direct access to the Single Euro Payments Area (SEPA), giving clients faster and more transparent settlements.

 

The post xpate Automates Fraud and Chargeback Management for Regulated Industries appeared first on European Gaming Industry News.

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