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Technamin wraps up biggest year to date, sets sights on 2023
Looking back at the past 365 days, it becomes evident that Armenia-based iGaming provider Technamin has had a fruitful year, and the company is set to end it on a high note.
Shortly after hitting its 100th employee milestone in less than two years, the company made its first public appearance at ICE London 2022, where it showcased innovative spins on products such as a proprietary platform, a fully managed sportsbook, and a dynamic online casino to rave reviews.
Following ICE, Technamin celebrated its first anniversary of going live, and attended more than 10 prestigious industry events in nine countries spanning over three continents, such as PGS, SAGSE Miami, SBC Summit Barcelona, G2E Vegas, SBC Summit Latinoamérica, SiGMA Europe, and more. The company’s founder and CEO Suren Khachatryan, an industry veteran, was part of the judging panels in multiple reputable awards such as the SBC Awards and SiGMA European Gaming Awards. Alongside Suren, other Technamin C-level executives, such as Head of Operations Garen Mouradian, Head of Compliance Nora Galstyan, and CSO Matt Sahakian, have also contributed their insight and experience by appearing as guest panelists at expos and in more than 20 roundtables, interviews, and podcasts in numerous established publications.
Thanks to the efforts of Technamin’s professional team, the company has been shortlisted in six major industry awards, such as SiGMA CIS, International Gaming Awards, and SBC Latinoamérica. The team itself has grown steadily since the company’s inception in 2020 and is now more than 150 strong. Technamin is a prime example of a start-up success story – it has managed to ride out numerous obstacles, including COVID-19 lockdowns, with a bootstrap mentality, a tightly-knit workforce, and careful resource management strategies.
Thanks to its fully cloud-based setup, microservice architecture, and always-on database, Technamin has managed to scale beyond expectation and delivers its redundant and auto-scalable solutions, as well as its outstanding managed services, at lightning-fast rates. This has proven especially beneficial to operators in an ever-evolving marketplace that caters to an increasingly demanding audience.
Over the course of the past year, Technamin has struck partnerships with numerous top-tier suppliers such as BetGames, EvenBet Gaming, TV Bet, 3 Oaks, and Pragmatic Play, to name a few. This gives operators access to thousands of casino games and sports matches, which they can in turn offer their end users. The company’s products are constantly undergoing various upgrades, making them more fine-tuned both for operators’ specific needs, as well as the general market trends. Among the many latest improvements, Technamin’s sportsbook is now available via API integration, and its online casino has been revamped to allow end users to make deposits and withdrawals using their cryptocurrencies of choice.
Gearing up to enter 2023 on a major accord, Technamin’s team is busy tweaking its products even further, as well as introducing more services that operators can leverage to build their unique identities in the marketplace and achieve success in the online gaming sector.
All of the aforementioned milestones have been achieved thanks to a visionary CEO, a dedicated team where everyone is on the same wavelength, and an immaculate business plan, as well as a knack for overcoming challenges with an open mind.
The new year will see the company return to ICE London with an expansive custom-built stand (S2-120), a bigger team, and a more comprehensive set of solutions. Technamin would like to take this opportunity to wish a successful year ahead for its peers in the iGaming industry, one that is filled with equal amounts of joy, success, and professional growth. Onwards and upwards!
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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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