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The Flutter Foundation launches in Ceuta, Spain with a mission to promote inclusion and wellbeing

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  • The foundation, supported by Flutter Entertainment Plc, has been launched today with its headquarters in Ceuta, Spain
  • Flutter’s first foundation anywhere in the world seeks to contribute to the company’s global goal of improving the lives of 10 million people by 2030
  • Activity will focus on addressing inequality and social challenge by supporting projects in education, entrepreneurship and technological development, promoting sports and improving employability

The Flutter Foundation, a new non-profit organization dedicated to improving the quality of life of the most disadvantaged people and groups in Spanish society, has been officially launched today in Ceuta. The Foundation, based in Ceuta, has been established to improve the quality of life of those who need it most. Supported by Flutter Entertainment Plc, the Foundation is committed to promoting initiatives to support social action, with the aim of generating positive impact. Its activity will focus on key areas, including education, supporting entrepreneurship and technological development, promoting sport and improving employability.

The Foundation, which is Flutter’s first foundation anywhere in the world, has established as part of the company’s global sustainability strategy, the Positive Impact Plan. Launched in 2022, this strategy includes the ambitious goal of improving the lives of 10 million people by 2030. By the end of 2023, Flutter had reported progress in improving the lives of 1.5 million people, measured and supported by data from the organizations with which it collaborates.

The Foundation has formalized two agreements today to benefit the community in Ceuta.

  1. Working with the Ministry of Education, Culture and Youth, the Foundation will support disadvantaged families and promote gender equality in scientific careers. The foundation is allocating 80,000 euros in scholarships for studies in STEM areas (Science, Technology, Engineering and Mathematics).
  2. In partnership with the Government of Ceuta, the Foundation is establishing a cooperation framework to develop initiatives that benefit the city, guaranteeing transparency and mutual benefit. In this way, the Flutter Foundation is committed to improving inclusion and quality of life in Ceuta.

Political and business leaders from Ceuta attended the launch event to welcome the foundation and show their support for this initiative including:

  • the Hon. President of the Autonomous City, Juan Jesús Vivas Lara;
  • the delegate of the Government of Spain in Ceuta, Cristina Pérez Valero;
  • and the Minister of Finance, Economic Transition and Digital Transformation of the Government of Ceuta, Kissy Chandiramani;
  • as well as representatives of the social and economic fabric of the city.

The launch event was also attended by Dan Taylor, CEO of Flutter International, who highlighted the importance of the Foundation within Flutter’s global commitment to positive community impact. “We are excited to see the start of the Flutter Foundation in Ceuta, and we aim today for this initiative to make a significant difference in communities, starting with Ceuta,” commented Taylor.

The Hon. President of the Autonomous City of Ceuta, Juan Jesús Vivas Lara, expressed the city’s commitment to the work of the Foundation, highlighting its role as a strategic ally for community development. “Ceuta is proud to be the headquarters of this important initiative and to have a company like Flutter as an ally. The Flutter Foundation will be an engine of positive change for many people. We are committed to supporting its mission and collaborating closely in its work for the social, economic, educational and technological development of the city,” concluded the president.

During her intervention, Cristina Pérez Valero, Delegate of the Government of Spain in Ceuta, highlighted the relevance of community support in the implementation of social programs and pointed out that “the Flutter Foundation is presented as an opportunity to strengthen social cohesion and provide support to those they need it more. Their work will be very valuable to improve the quality of life in our community.”

Elisa Miguel Fonseca, President of the Flutter Foundation, expressed the vision and values that drive the entity’s mission. “We are very serious about launching the world’s first Flutter foundation. Our mission is clear: to work in close collaboration with the communities most in need to promote positive and lasting change in Ceuta society and, in a second phase, in all of Spanish society,” said Fonseca.

With an initial focus on Ceuta, the Flutter Foundation is committed to progressively expanding its geographic reach to positively impact a greater number of lives.

 

The post The Flutter Foundation launches in Ceuta, Spain with a mission to promote inclusion and wellbeing appeared first on European Gaming Industry News.

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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PLAY VENOM FEVER SATELLITES AND UNLOCK THE VENOM VAULT TO WIN YOUR SEAT TO ACR POKER’S $12 MILLION GTD VENOM EVENTS

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ACR Poker is launching two massive Venom tournaments this spring, featuring $12 million in total guarantees. And now, through the Venom Fever Satellites and the Venom Vault, players have multiple opportunities to lock in their $2,650 Venom seats for less, or even free.

“Whether you’re looking to become our latest millionaire in the NLH Venom or want to play in one of the biggest PLO tourneys around, our Venom Vault and Venom Fever promotions offer every player a real shot at securing a $2,650 Venom ticket to compete for life-changing prizes,” said ACR Pro Chris Moneymaker.

From Monday, March 24th to Sunday, April 27th, the Venom Fever Satellites are awarding over 1,000 total seats to the $10 million GTD NLH and $2 million GTD PLO Venom events, both beginning on Sunday, April 13th.

Players can qualify through various satellite options, with buy-ins starting as low as $0, making entry to the Dual Venoms even more accessible. ACR Poker’s $95 buy-in Beast Tournament takes place on Sunday, March 30th and April 6th, 13th and 20th at 5:05pm ET—with 120 total NLH Venom seats up for grabs. Players who climb the weekly Beast leaderboard can even qualify for free.

Through Venom Madness Satellites, starting on Tuesday, April 1st, players can win their $2,650 ticket for just $16.50, with 20 total NLH Venom seats guaranteed. In addition, Mega Satellites will guarantee 372 NLH Venom Seats and 30 PLO Venom seats, with pathways starting as low as $0. Daily direct satellites will also award 445 seats to the NLH Venom, with buy-ins starting at $33, and 48 seats for the PLO Venom with buy-ins starting at $207.50.

Along with Venom Fever Satellites, players can unlock a coveted $2,650 Venom seat for free, plus Survivor Flips Step tickets, through ACR Poker’s Venom Vault. Every player has already received a free key to unlock their first Venom Vault, and additional keys can be earned by completing fun challenges or by purchasing for just $2.99 or 300 Combat Points each. Each unlocked Venom Vault could lead to a free entry into one of online poker’s biggest tournaments.

Moneymaker also added that players can easily access the Venom Vault directly from the ACR Poker client to track their prizes, manage and redeem keys, and purchase extra keys.

For full details on the Venom Fever Satellites, the Venom Vault promotion, and the full Venom schedule, visit ACRPoker.eu.

 

The post PLAY VENOM FEVER SATELLITES AND UNLOCK THE VENOM VAULT TO WIN YOUR SEAT TO ACR POKER’S $12 MILLION GTD VENOM EVENTS appeared first on European Gaming Industry News.

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FLAMINGO CASINO IN MEXICO ADDS CONCEPT TO ITS ENTERTAINMENT OFFERING

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Casino Flamingo, owned by Grupo Euromex in Culiacán, has enhanced its gaming floor with Zitro’s CONCEPT cabinet line and new games such as Legendary Sword and Triple Charm Journey.

CONCEPT, now featured in this important Mexican group’s casino, stands out for its Magic Lighting system, which provides a spectacle of lights synchronized with the game, and for its impressive Screen Deck giant, designed to improve the experience for both players and the operations team, among other features that are making it a worldwide success.

Among the new titles players can enjoy is Legendary Sword, a medieval-themed multi-game that offers an immersive experience with its 6×5 reel. This game includes innovative features such as “Honor,” which multiplies prizes; “Glory,” which grants additional spins; and “Magic Sword,” which doubles the prizes in its column. In addition, Triple Charm Journey is presented with exciting mechanics such as “Rise,” which increases winnings with each spin; “Collect,” which accumulates the values of the Link symbols; and “Enigma,” which multiplies its value along with some Link symbols on the screen.

Alberto Charlan, Grupo Euromex’s CFO, highlighted: “The incorporation of CONCEPT reinforces our commitment to innovation in entertainment, offering our clients a unique and quality experience that only Zitro can offer. We are very happy with this new addition and are confident that it will be a resounding success.”

For his part, Johnny Viveiros Ortiz, founder of Zitro, added: “We are proud to see how CONCEPT continues to transform the player experience in Grupo Euromex casinos, and we appreciate their commitment to Zitro once again to bring a new gaming concept, this time to Casino Flamingo.”

 

The post FLAMINGO CASINO IN MEXICO ADDS CONCEPT TO ITS ENTERTAINMENT OFFERING appeared first on European Gaming Industry News.

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Gaming industry earns Php410 B despite POGO ban – PAGCOR

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Despite the implemented ban on Philippine Offshore Gaming Operations (POGO), the gaming industry in the country continues to boom, according to Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco.

In his keynote address at the ASEAN Gaming Summit in Manila, Tengco said the country’s Gross Gaming Revenue (GGR) will rise to Php410 billion in 2024, up 25% from the Php329 billion GGR in 2023.

“As offshore gaming exits, PAGCOR recognizes that the future of Philippine gaming will continue to become more technology-driven,” he said. “This is why PAGCOR will continue to closely regulate electronic gaming while ensuring strict oversight to combat illegal operators.”

The PAGCOR chairman emphasized that while land-based casinos contributed Php201 billion—almost half of the total GGR in 2024—revenue from the E-Games and E-Bingo sector grew significantly, grossing Php154.51 billion, 165% higher than in 2023.

“We partly attribute the strong performance of the local gaming industry to the strategic policy adjustments that we have implemented, such as the gradual reduction of fee rates for E-Games since 2023,” Tengco’s explanation.

He said that in 2023, PAGCOR was charging 50% to 55% license fees which was an obstacle to the increase in operators. “But effective January 1, 2025, our fee rates for E-Games stand at only 30% of GGR,” he added.

As a result, more operators have come under regulation, voluntary closures of businesses have been avoided, and the profits of licensed companies have been maintained. Also as a result of the said reforms, the E-Games sector reached its target of Php100 billion in GGR revenue as early as September 2024. Tengco also mentioned PAGCOR’s focus on more intensified “responsible gaming programs” to promote a “more sustainable and ethical gaming industry.”

“We wish to assure our industry stakeholders that even as we strive for greater success, responsible gaming and market integrity will continue to be at the heart of our efforts,” Tengco said.

The PAGCOR chief is also fully confident in the direction of the industry.

“The best days of Philippine gaming are still ahead of us, and we look forward to working with all of you to shape what comes next,” he said.

The ASEAN Gaming Summit, organized by Asian Gaming Brief, serves as a platform for industry leaders to discuss trends, challenges and new opportunities in the region’s gaming landscape.

Translated article.

 

The post Gaming industry earns Php410 B despite POGO ban – PAGCOR appeared first on European Gaming Industry News.

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