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Messi’s Missing Crypto Millions
Poor old Lionel Messi. It’s not exactly going to plan on the pitch for him yet at PSG. And off it – well let’s say he’s not cracked the crypto game either.
In the summer he agreed to be paid part of his signing-on fee in his new club Paris Saint-Germain’s own fan token. With cryptocurrencies at the start of a record-breaking run, it looked like a sure-fire way for the world’s best footballer to make more millions.
But it hasn’t worked out that way, according to analysis from Cloudbet.com the world’s oldest crypto sportsbook.
Messi’s unexpected transfer from cash-strapped Barcelona was announced on 10th August. He signed up for free, in a move designed to get his huge million-dollar weekly wage off Barca’s books. League bosses were penalising them for their abject failure to keep the club’s deficit within permitted parameters.
The vastly wealthy PSG were so delighted to land the world’s biggest football star that they paid him an interesting signing-on fee.
Part of his “welcome pack”, they said, would be paid in cash as normal, but in a first for football, part of the fee would be gifted to him in PSG fan tokens.
Messi could be forgiven for looking kindly on PSG’s offer. The club’s token had almost tripled in value from the start of August to a record on the day of the Messi announcement.
Traders at Cloudbet took a deeper dive into the deal to assess how the Argentinian maestro’s signing-on fee is looking now.
On 10th August, the PSG token was valued at $49.83.
Media speculation across the continent suggests Lionel Messi was gifted one million euros worth of tokens. On that day the Euro-USD exchange rate was 1.17. So let’s estimate that PSG’s wealthy Qatar owners gave him $1.17m worth of tokens.
Trading at $49.83, this means Messi would have received 23,480 PSG tokens.
So how much money has Lionel Messi made from this deal? Well, as of today things aren’t looking terribly good. The PSG token recently traded at…. $19.02
That defeat by Man City hasn’t helped PSG or it’s cryptocoin’s value.
If Messi had received what is speculated to be one million euros in fan tokens on 10th August, his estimated 23,480 tokens would now be worth… $453,436
Which means if he cashed it in now it would only be worth 40% of what it was worth on the day that he signed for PSG!
American football stars like Aaron Rogers might be in the news for all the wrong reasons right now, but they’ve made headlines for being early adopters of Bitcoin salaries. If Messi had embraced BTC he’d be a lot richer.
Back on 10th August 2021, BTC was trading around $45,600.
And now? It’s at $58,000, a +25% rise. That $1.17m signing-on gift would now be around $1,460,000 – more than a million dollars more than the fee is worth in PSG tokens.
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Arena Racing Company awarded United Arab Emirates Gaming-Related Vendor License
Arena Racing Company (ARC) has been granted a Gaming-Related Vendor license from the United Arab Emirates’ General Commercial Gaming Authority (GCGRA), an independent entity of the UAE Federal Government with exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities.
The license, operational with immediate effect, affords ARC the opportunity to provide its products and services to licensed operators in the region. Notably, the Racing1 Markets service, an all-in-one horse and greyhound racing solution delivered in conjunction with Racing1 alliance media rights partners at 1/ST CONTENT, Racecourse Media Group (RMG), and Tabcorp, alongside technical partner Pythia Sports. ARC has been added to the list of licensed vendors as per the GCGRA website.
Jack Whitaker, Commercial Manager at ARC, said: “Obtaining this license is a great achievement for ARC and its Racing1 partners. The emerging regulated UAE market is incredibly exciting, and we look forward to showcasing our innovative products and services in the region.”
The post Arena Racing Company awarded United Arab Emirates Gaming-Related Vendor License appeared first on Gaming and Gambling Industry Newsroom.
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Play’n GO games now live with Ivy Casino in the UK
Swedish gaming giant’s industry signals commitment to the UK regulated market by launching it leading portfolio of games with Ivy Casino
Play’n GO, the world’s leading casino entertainment provider, has today announced that its industry leading portfolio of games is now live with Ivy Casino in the UK.
Ivy Casino’s players in the United Kingdom can now access global smash hits from Play’n GO, including Book of Dead, Legacy of Dead, and Rise of Olympus 100 among many others.
Ivy Casino is a UK-facing online casino brand that launched in 2024 with a focus on delivering a premium, player-centric experience tailored specifically for the UK market.
The brand operates alongside two sister sites, Rose Casino and O’Reels, which also serve UK audiences and share the same commitment to high-quality entertainment, strong user experience and robust responsible gaming standards.
Play’n GO has been one of the leading game suppliers in the UK for many years and is steadfast in its commitment to regulated markets globally.
Magnus Olsson, Chief Commercial Officer of Play’n GO, said:
“We are delighted to launch with Ivy Casino in the UK who, like us, are focused on all the key elements of operating within a regulated market framework. I’m sure this is just the beginning of a long and fruitful partnership.”
Mark Good, representing Ivy Casino, said:
“This partnership with Play’n GO forms part of Ivy Casino’s ongoing strategy to enhance its content offering for UK players by collaborating with leading studios known for creative, engaging gameplay.”
Play’n GO is a proud sponsor of the Moneygram Haas Formula 1 team, and recently launched a fashion brand, Play’n GO Shop, to sit alongside its existing Play’n GO Music brand to give fans more ways to connect with Play’n GO.
In October, Play’n GO set a world record by launching everyone’s favourite slot character, Garga, into space reaching a height of over 35,500m as part of the launch campaign for Reactoonz 100 which instantly became one of the biggest game launches of the year for the company.
The post Play’n GO games now live with Ivy Casino in the UK appeared first on Gaming and Gambling Industry Newsroom.
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Esportes da Sorte strengthens brand presence during New Year’s Eve celebrations across four Brazilian capitals
Esportes da Sorte, one of Brazil’s leading online betting platforms, will be the official sponsor of New Year’s Eve celebrations in four Brazilian capitals: Salvador, Recife, Natal and Maceió. The initiative reinforces the brand’s growing presence in the national cultural calendar and its strategy to connect with large-scale public celebrations beyond the digital environment.
New Year’s Eve is one of Brazil’s most significant annual moments, marked by intense domestic travel, international tourism and mass public participation. By supporting celebrations in four key destinations, Esportes da Sorte aligns its brand with tradition, culture and shared experiences that resonate deeply with local communities.
“Sponsoring New Year’s Eve celebrations in four capitals reflects our commitment to being present in moments that bring people together,” said Marcela Campos, Vice President of the Esportes Gaming Brasil Group, owner of the Esportes da Sorte brand. “Supporting these cities means valuing their cultural identity, strengthening local ecosystems and celebrating the people who keep these traditions alive year after year.”
Across all four capitals, the brand will activate its presence through immersive experiences, public-facing activations and the distribution of branded giveaways — a hallmark of Esportes da Sorte’s engagement strategy at major events. The activations are designed to enhance the festive atmosphere while reinforcing the brand’s connection with culture, entertainment and responsible enjoyment.
The New Year’s Eve sponsorships build on Esportes da Sorte’s broader cultural engagement strategy, which includes long-standing support for large-scale events such as Carnatal, in Rio Grande do Norte — a key fixture in the state’s tourism and cultural calendar. Together, these initiatives reflect the company’s commitment to expanding its footprint in cultural sponsorships nationwide.
Esportes da Sorte’s participation also mirrors a wider trend within Brazil’s regulated betting market, as operators increasingly diversify their sponsorship portfolios beyond football. Music, festivals and cultural celebrations have become strategic platforms for brands seeking broader visibility, deeper community ties and more sustainable engagement with the public.
The post Esportes da Sorte strengthens brand presence during New Year’s Eve celebrations across four Brazilian capitals appeared first on Gaming and Gambling Industry Newsroom.
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