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INTEGRATED RESORTS FUEL ECONOMY, LOCAL TOURISM – PAGCOR

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The country’s integrated resorts and casinos remain as one of the main growth drivers of local tourism, in the process creating a multiplier effect across various industries, according to the Philippine Amusement and Gaming Corporation.

This was emphasized by Ma. Vina Claudette Oca, PAGCOR Assistant Vice President for Gaming Licensing and Development Department, during a panel discussion at the 1st Philippine Tourism and Hotel Investment Summit held over the weekend.

Oca, one of the panelists on the topic, “Navigating Challenges and Opportunities for Casino Hotels in the Philippines”, said casinos are just a small component of the many attractions offered by integrated resorts in the country.

She said that this is because PAGCOR mandates all integrated resorts to offer more non-gaming attractions and resort facilities, including dining and shopping destinations.

“In fact, they are only allowed to allocate 7.5% of their facility’s total floor area to gaming,” she said. “The rest of the floor area is allocated for non-gaming facilities such as hotel rooms, retail areas, dining and other attractions.”

Ms. Oca added that currently, integrated casinos employ over 20,000 Filipinos, helping provide livelihood opportunities to locals.

Meanwhile, close to 80% of PAGCOR’s revenues from regulated gaming are remitted to the government to fund significant socio-civic projects, she said.

Tourism Secretary Christina Garcia Frasco also graced the 1st Philippine Tourism and Hotel Investment Summit as keynote speaker. The event was held at the New World Makati Hotel last June 21.

The event was co-presented by the Department of Tourism’s attached agency, Tourism Infrastructure and Enterprise Zone Authority along with PAGCOR and the Tourism Promotions Board as government agency sponsors.

The post INTEGRATED RESORTS FUEL ECONOMY, LOCAL TOURISM – PAGCOR 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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Driffle selects Mangopay to level-up digital gaming product platform

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Customised payment infrastructure and fraud prevention solutions to streamline and secure global transactions

Driffle, a digital goods marketplace specialising in gaming products, has announced a new partnership with Mangopay, a modular and flexible payment infrastructure provider, to transform the user experience.

Mangopay will provide a customised end-to-end payment flow, including pay-in, e-wallet management, seller payout, and KYC/KYB. This will enable Driffle to offer a seamless, safe, and compliant experience for its users. Mangopay’s e-wallet solution will allow buyers to store and re-spend money within the platform, improving user experience and unlocking additional potential revenue for Driffle. Additionally, Driffle will leverage Mangopay’s AI-driven Fraud Prevention solution to safeguard against transactional fraud and promotion abuse.

With offices in London, Vilnius, and Delhi, Driffle connects buyers with merchants selling digital gaming products, including games, gift cards, and downloadable content. Driffle has scaled rapidly and now has more than one million users in 190 countries.

Mangopay specialises in providing modular, embeddable payment and fintech infrastructure for leading platforms worldwide. The company has processed over €100 billion in transactions and supports over 250 million users. Mangopay’s award-winning payment solutions enable platforms to build customised payment systems, facilitating business growth, enhancing user experiences, and preventing fraud.

Driffle CEO and founder Chetan Bhardwaj said: “Mangopay’s solution supports our business model perfectly by meeting our complex pay-in and payout needs. With users in more than 190 countries and various KYC requirements, we needed a flexible partner. The Mangopay team has shown exceptional attention to detail, providing us with a solution that will increase retention and streamline our product pipeline.”

Alex Taylor, Head of Sales at Mangopay, said: “Driffle’s journey has been remarkable, and we are proud to support the next phase of their growth. Our technology improves the experience for buyers and sellers on the platform and is designed to increase conversion and retention, unlocking additional revenue for Driffle. With buyers and sellers worldwide preferring different payment methods, our tailored solution for Driffle exemplifies how Mangopay drives growth through customised technology and solutions.”

The post Driffle selects Mangopay to level-up digital gaming product platform appeared first on European Gaming Industry News.

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BetMGM UK strikes enhanced partnership deal with Newcastle United

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LeoVegas Group is excited to announce a new agreement with Premier League side Newcastle United, which will see the sports betting brand BetMGM become an Official Betting Partner of the club. Building on the success of the initial year in partnership, an extended agreement will ensure that BetMGM remains top of mind with football fans globally.

LeoVegas Group and Premier League side Newcastle United have today announced an enhanced partnership deal that will see the betting brand BetMGM become an Official Betting Partner of the club. As an Official Betting Partner, the BetMGM brand will be regularly highlighted on LEDs, big screens, and static boards at St James’ Park, the club’s home stadium. Customers and fans can expect to be included in many exciting partnership activations, such as unique experiences and giveaways.

Sam Behar, UK Director BetMGM, said “Our BetMGM partnership with Newcastle United has been a success, and we are delighted to continue building on this fruitful collaboration. The club is incredibly ambitious, and their drive perfectly aligns with our Group’s core values. I can’t wait to get this season started and see Newcastle United continue on their journey.”  
 
Peter Silverstone, Newcastle United’s Chief Commercial Officer, said “Newcastle United and BetMGM have had an exceptional first year together. We have helped BetMGM to drive brand awareness and engagement in key markets, supporting its aim to create the world’s greatest igaming experience.
 
“This new agreement is testament to how effective the club’s profile and support have been to BetMGM, and we are delighted to enhance our support of one another on the next step of our exciting journeys.

The post BetMGM UK strikes enhanced partnership deal with Newcastle United appeared first on European Gaming Industry News.

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Crystal Announces Exclusive Collaboration with Casino De Montecarlo

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Crystal, renowned for its exceptional voyages and outstanding entertainment, has announced that it has secured a collaboration with Monte-Carlo Société des Bains de Mer (SBM), a leader in the world of entertainment and gaming to host the first and only Casino de Monte-Carlo at sea. This marks an exciting new chapter for the brand promising guests an elevated level of entertainment and gaming experiences debuting onboard Crystal Symphony during the Chairmen’s Cruise departing from Venice on Nov. 14, and on Crystal Serenity this December. The casino will also be featured on the two future oceangoing vessels and in all the new vessels of Crystal, with the exclusion of Expedition vessels.

The alliance between Crystal and Monte-Carlo SBM brings forth a fusion of expertise and innovation, aiming to redefine onboard entertainment for cruisers worldwide. Guests can now anticipate an array of gaming activities including slot machines, blackjack, roulette and more, that will elevate their experience to unprecedented heights.

“We are delighted to welcome Casino de Monte-Carlo into the Crystal family as our newest collaborator. This affiliation symbolizes our commitment to offering our guests the finest entertainment and gaming experiences available at sea. Together, we aim to create unforgettable moments and continue to set new standards of excellence in the cruise industry,” said Executive Chairman of A&K Travel Group Manfredi Lefebvre.

Stephane Valeri, Chairman of the Board and CEO of Monte-Carlo SBM, said: “We are excited to join forces with Crystal to deliver the unique Casino de Monte-Carlo experience at sea. With our combined expertise, we are confident that we will provide a gaming moment unlike any other in the cruise industry.”

The 1000+ square-foot Casino de Monte-Carlo will be positioned where the current Bridge Lounges are located on both Crystal Serenity and Crystal Symphony. The Bridge Lounge will then move to the Library on Crystal Serenity and The Lounge (location of the previous casino) on Crystal Symphony.

“We have listened attentively to the feedback from our loyal guests regarding their desire to have casinos back onboard, and we are proud to announce that we will deliver on our promise. At Crystal, like at Monte-Carlo SBM, guest satisfaction and enjoyment are paramount, and this alliance with Casino de Monte-Carlo underscores our dedication to fulfilling their wishes and exceeding their expectations. We are confident the reintroduction of casinos will further enhance the overall cruise experience, providing our guests with the entertainment options they crave while sailing with us,” said Cristina Levis, CEO of A&K Travel Group.

The post Crystal Announces Exclusive Collaboration with Casino De Montecarlo appeared first on European Gaming Industry News.

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