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Astralis Capital lauds success of PlayAIO as its first incubation investment
PlayAIO announces its landmark partnership with Astralis Capital and an investment from Astralis Fund I LP (together “Astralis”). This marks a first for Astralis as PlayAIO becomes part of a newly created gaming incubation strategy.
“With Astralis Capital, it has been a truly synergistic partnership, I couldn’t think of a better way to start a business. With Astralis on board, we have continued to see rapid growth as we grow to be a market leader within the industry” said Josh Gibbs, CEO of PlayAIO.
“It’s been great working with both Evan and Tisno. They, along with PlayAIO, continue to see the untapped potential data brings to any organization.”
PlayAIO was founded in 2023 by Josh Gibbs, formerly of Kambi and Strive Gaming in customer data leadership roles. It has quickly grown an established contracted customer base and having gone live in May 2024. The launches have been smooth and well received by their customers.
Steven Farrugia, an iGaming data veteran who built models for ComeOn Group among others, recently joined PlayAIO as CTO, and the company has bolstered the team with staff members for their bases in the UK and Malta over the past months.
PlayAIO is a data and AI business that focuses on simplicity through understanding, aiming to aid businesses to unlock the power of their biggest asset: their data. This is all done through PlayAIO’s proprietary PlayAIO Engine. The PlayAIO Engine provides an always-on strategic insights and recommendations tool.
On a real-time basis, users are guided on where action is required and where focus should be placed, recommending AI models that will provide the highest impact to customers and their revenues, be it LTVs, game recommendations, responsible gaming, and a plethora of other models that are being leveraged by customers.
Astralis’ incubation strategy is incredibly helpful to new and experienced founders alike because, alongside investment, the firm provides dedicated strategic and operational support to founders including go to market and partnership guidance.
Astralis Capital, has invested in a number of iGaming and sports startups, including the leading daily fantasy operator PrizePicks, sports/betting micro-influencer aggregator SGG Media, sports social media platform Takes, Inc. and the leading US PAM startup Strive Gaming. Astralis has developed a reputation for astute iGaming investments supported by providing expert advice to founders to help accelerate company growth.
On PlayAIO, Evan Meyer, Co-Managing Partner, Astralis Capital, said:
“What Josh and Steven are driving at PlayAIO falls exactly within the scope of startup successes we’ve seen before. They have a clear vision, execution plan and technical product know-how in a developing iGaming and online sports betting market that is quickly becoming more sophisticated and understanding of the value of effective usage of Machine Learning and data analytics. We’ve been incredibly impressed by the pipeline of potential client discussions, new customer uptake and smooth launches thus far.”
Fellow Co-Managing Partner Tisno Onggara of Astralis Capital added: “The mission of PlayAIO is ultimately the reason we decided to partner and help incubate PlayAIO. We see growing trends within the industry surrounding AI, but very few companies have the internal technology and ability to act on this. We believe PlayAIO will be one of a select group of trusted partners to the industry and will continue to competitively strengthen over time given their models and a positive market outlook. The data market is an area within gaming that will change rapidly in the next few years, and we are excited to be on that journey with PlayAIO.”
PlayAIO Unlocks the Power of Your Data with AI-Driven Optimization.
The post Astralis Capital lauds success of PlayAIO as its first incubation investment appeared first on European Gaming Industry News.
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Infingame to unveil fastest-growing aggregation hub at ICE Barcelona
Leading aggregator to unlock unparalleled localisation opportunities across Latin America at Stand 2L50.
Infingame, one of the industry’s fastest-growing iGaming aggregators, is ready to redefine iGaming aggregation at ICE Barcelona 2025 with its industry-leading aggregation platform, designed to deliver unmatched scalability and localisation across the booming Latin American market.
Renowned as a disruptive force in the iGaming sector, Infingame’s newly revamped aggregation platform has been designed specifically to empower operators looking to tap into new markets across Latin America.
Boasting an unmatched portfolio of 16,000+ casino games from 200+ games providers, Infingame’s new platform is powered by state-of-the-art technology that enables operators to scale their business across new markets, all made available via a single API integration.
With 99.9% platform stability, coupled with the industry’s fastest spin times across its entire portfolio, Infingame has already established itself as one of the most popular go-to aggregators for online LatAm casinos.
The team’s local knowledge of Latin America has allowed Infingame to fully understand the dynamics of each market within the region and adapt its games portfolio accordingly to meet the shifting player preferences.
The platform will be complemented by an extensive range of gamification tools – such as tournaments, leaderboards and big win replays – offering casinos the tools they need to elevate their player engagement strategy.
During ICE, Infingame will also be spotlighting its sweepstakes solution, which is already favoured by two of the largest sweepstake operators in the world.
Delegates will also have the opportunity to win some exciting prizes at ICE Barcelona, including a Tag Heuer Formula 1 Watch, a Dyson Airwrap and a pair of Ray-Ban Meta Wayfairer glasses.
To be in with a chance of winning, make sure to visit Infingame’s Stand (2L50) during the conference to test out their player engagement tool. The tournament will take place at 10AM CET 20 January, and will run until 3PM CET 22 January.
Pavel Fedyushin, Chief Executive Officer at Infingame, looks forward to the conference: “This is the first time that ICE will be hosted in Barcelona, and we are so excited to be a part of that milestone! ICE has always been a staple in the iGaming calendar – this year’s conference will be the perfect way to start 2025 off with a bang.
“At Infingame, we are more than just an aggregator platform; we are a content and technology provider that is committed to driving success for our operators and game studios across Latin America. Our team’s extensive knowledge of the LatAm region, combined with our collective technological expertise, puts us in a strong position to continue delivering unparalleled gaming experiences for our partners.”
The post Infingame to unveil fastest-growing aggregation hub at ICE Barcelona appeared first on European Gaming Industry News.
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EGT Digital received a licence for operation in Sweden
EGT Digital is pleased to announce its authorization to operate in Sweden. The company was granted a license from the Swedish Gambling Authority (Spelinspektionen) to manufacture, provide, install, and modify software for the online gambling industry. Now, all main products of the Bulgarian provider – the X-Nave platform and the in-house developed games, are available to the local market.
Standing out with great versatility, EGT Digital’s “all-in-one” betting platform X-Nave enables operators to build and grow a successful business online. It includes 4 main modules: Sport Product, CRM Engine, Gaming Aggregator, and Payment Gateway, offering multiple tools for creating highly personalized content that is fully tailored according to players’ tastes and requirements. Еach of the platform’s modules can be part of the complete solution or function separately, as they can be integrated with developments of third-party providers.
EGT Digital’s portfolio of games covers over 120 casino titles, including 4 jackpots: Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot. Featuring a wide variety of themes, bonuses, and high winning chances, they provide rich gaming choices for different types of players and are currently among the favorites in more than 50 jurisdictions globally.
Tsvetomira Drumeva, Head of Sales at EGT Digital, commented: “Obtaining this licence is an important step for us. Thanks to it, we have the opportunity to enter the Swedish market, which is a top priority for us. This will allow us to continue our expansion into other European countries and consolidate our status as one of the preferred iGaming providers on the continent.”
The post EGT Digital received a licence for operation in Sweden appeared first on European Gaming Industry News.
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Shaping the Future: BETBY’s Strategic Focus on AI
Danil Emelyanov, Head of BETBY’s AI Labs, on how the provider is leveraging artificial intelligence to offer unique special markets, ever more bridging the worlds of sports betting and entertainment.
How transformative has AI been for the sports betting industry?
AI has revolutionized the sports betting industry by driving operational efficiency and user engagement to new heights. It’s no longer a luxury but a necessity for operators aiming to stay competitive. Sports betting thrives on data, and AI excels at processing vast datasets. This capability allows sportsbooks to enhance traditional models with previously unattainable insights, streamlining operations and delivering personalized betting experiences to users.
AI has also reduced the reliance on manual intervention by increasingly automating processes, enabling departments, such as trading teams, to focus on strategic objectives. However, AI doesn’t replace human oversight—it augments it. For example, traditional math models depend on static statistics, whereas AI incorporates dynamic information to improve accuracy. At BETBY, this understanding drove us to last year launch AI Labs—a comprehensive suite of cutting-edge tools designed to meet the evolving needs of operators and players alike. AI is not just a feature for us; it’s a cornerstone of our strategy.
What was the vision behind AI Labs?
AI Labs emerged from a clear gap in the market. Operators often rely on fragmented tools for churn and LTV prediction, risk management, personalization, and business intelligence, but BETBY saw an opportunity to create a unified solution addressing all these needs under one roof. Our vision was to build a comprehensive suite of tools that integrates seamlessly into our platform, empowering operators to achieve operational excellence while enhancing player engagement.
Since its inception, AI Labs has undergone continuous enhancements, reflecting our dedication to staying ahead of market demands. Nonetheless its core areas of focus have remained steadfast in enhancing aspects related to odds creation, risk management, the overall betting experience, and operational efficiency.
Among its standout and most recent features is the Betting Tips API, which provides data-driven, personalized betting advice to players, with the tips themselves delivered in as much as 18 languages thus greatly improving the usability of the feature from a geolocalised point of view. This tool not only enriches the player experience but also drives significant increases in conversion rates and engagement by enabling more informed betting decisions. Notably, 10% of soccer users on the BETBY partner network are already actively leveraging this feature.
Another example of AI Labs’ impact is its top-section recommendations, which have demonstrated remarkable results, driving a more than 60% growth in bets in markets such as Japan. By presenting players with highly relevant betting options based on their preferences and behavior, this feature keeps users engaged while streamlining their decision-making process, ultimately creating a more enjoyable and tailored betting experience.
Such innovations are reshaping sports betting into an engaging and dynamic form of entertainment, creating a more immersive experience—akin to the personalization seen on platforms like Netflix or Spotify. By tailoring offerings to a diverse spectrum of user preferences, AI Labs enriches the player journey while simultaneously delivering measurable success and competitive advantages for operators.
What differentiates BETBY’s AI tools from others in the market?
The most significant differentiator is real-time capability. Many AI solutions process data with delays, but BETBY’s technology analyzes and acts on information instantly. In a fast-paced industry like sports betting, this real-time responsiveness is a game-changer. For instance, if our model detects a potential churn risk or flags suspicious activity, we can act immediately—whether by offering a free bet to retain a player or limiting stakes to manage risk.
Besides that, being fully integrated within the BETBY ecosystem provides our clients with unparalleled advantages. Unlike third-party solutions that often require operators to share limited datasets with external providers—raising legitimate security concerns—our system leverages direct access to all BETBY data. This ensures comprehensive coverage and real-time updates, eliminating inefficiencies associated with external data processing. For instance, when users place bets, our system adapts instantaneously, refining models and delivering insights without delay.
This is particularly valuable for operators entering new and unfamiliar markets. If a sportsbook launches in a region like India, our AI already possesses the localized insights necessary to optimize recommendations and understand player behaviors. This seamless integration empowers operators to make data-driven decisions, ensuring their platforms resonate with local audiences while maintaining operational efficiency.
Apart from this, our extensive market expertise provides us with a significant competitive edge. Our risk management team, recognized as one of the best in the industry, brings deep, specialized knowledge that directly informs the development of our AI models. This level of expertise is exceptionally rare and difficult to replicate. For any company attempting to build an in-house risk management system from scratch, acquiring such domain knowledge would require immense effort and resources. At BETBY, we are fortunate to have direct access to this invaluable expertise, enabling us to deliver robust, reliable, and innovative solutions.
How does BETBY plan to continue innovating in AI?
Innovation drives everything we do at BETBY. At the upcoming ICE Barcelona, we’ll unveil an industry-first AI-based feed—a groundbreaking product that generates odds for unique markets which are directly linked to the entertainment landscape. This marks the next phase for AI Labs, transforming AI into a dynamic tool that bridges the gap between traditional sports bettors and casino-style players by offering unique content that transforms the sports betting industry into entertainment.
This shift to entertainment-focused betting reflects broader industry trends, with users demanding novel and engaging options. By introducing unconventional markets, we’re not just responding to trends—we’re setting them. AI Labs gives operators the flexibility to adapt to evolving market demands while pushing the boundaries of what’s possible in sports betting.
What can we expect from the future of AI in sports betting?
The future of AI in sports betting is twofold: increasing automation and personalized engagement. AI will become even more autonomous, reducing manual intervention and enabling operators to focus on strategic growth. For instance, we envision AI handling tasks like market settlement, with traders overseeing only high-stakes or complex cases.
Another area of focus is real-time personalization. By tailoring every aspect of the player journey—such as recommended bets, banners, and combo suggestions—AI can create deeply engaging experiences. This will not only enhance user satisfaction but also increase bet values and loyalty.
When it comes to risk management, dynamic player profiling will become the norm. Each bet will refine a player’s risk profile in real time, providing operators with actionable insights for better decision-making. Over time, AI’s capabilities will expand, offering growing automated assessments for specific segments of players.
Ultimately, BETBY’s vision for AI is to empower operators, enhance player experiences, and redefine sports betting as the new facet of entertainment. Through continuous innovation and a commitment to excellence, we’re not just keeping pace with the industry; we’re shaping its future.
The post Shaping the Future: BETBY’s Strategic Focus on AI appeared first on European Gaming Industry News.
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