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Royale Finance Raises $1.45 Million to Bring Decentralized Finance to iGaming

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Royale Finance introduces liquidity pools to support iGaming companies that use provably fair algorithms that are by default verifiable and transparent

Royale Finance today announced it has raised $1.45 million to merge DeFi with iGaming, a multi-billion dollar market that includes online casinos, sports betting, poker, prediction markets, lotteries, and more. Royale Finance is a cross-chain DeFi solution that uses liquidity pools to provide funding for iGaming startups, supporting innovation and transparency in a fast-moving, competitive sector. Contributors to Royale’s funding round include Alphabit Fund, AU21 Capital, Fomocraft Ventures, Kyros Ventures, and Vendetta Capital.

The online gambling market is expected to reach $127.3 billion USD by 2027, a compound annual growth rate of 11.5 percent. Researchers say that the rise of digital assets and secure digital payments are contributing to the sector’s growth. However, many online games have little transparency in how they operate, leading to concerns over trustworthiness among both players and the platforms that feature them.

Royale Finance solves this by supporting iGaming platforms that use provably fair algorithms,  which randomize number generation ensuring that players cannot be cheated and are a verifiable source of truth. As a double layer of security, these random number generators (RNG) are also certified by an accredited testing lab for quality assurance. For any iGaming startup to access liquidity within the Royale Finance network, it must be licensed and have its provably fair RNG certified. Royale provides an incentive for developers to make their games fair, and provides online casinos with the confidence that any Royale-supported game has achieved this standard of trustworthiness.

“Centralized finance has stifled innovation in the iGaming sector. There is a lack of accountability and transparency, with too much control in the hands of few,” said Giorgio Andrews, CEO of Royale Finance. “Royale takes a hybrid approach that combines blockchain technology and DeFi to bring both fairness and accessibility to the sector, opening the door to the next wave of innovators. By doing this, not only will iGaming startups earn more, but every online casino operator will soon be able to attract provably fair games supported by our network and token holders.”

The Royale Finance ecosystem is powered by ROYA, a valueless governance token used to coordinate between DeFi liquidity providers within the Royale Finance stablecoin collateral pool, which disperses loans to iGaming startups. Token holders vote on which games to support, and developers keep their equity while they build and launch their games. This ‘optimized liquidity’ helps seamlessly power iGaming innovation, and is the first network-driven liquidity approach bridging DeFi with iGaming.

Along with this network-driven liquidity, Royale Finance optimizes liquidity pools within the ecosystem to provide sustainable yield. Following the completion of their Version 1 Web 3.0 App, Royale Finance will build a suite of provably fair games available to online casino operators. The project also aims to eventually transition to a complete Decentralized Autonomous Organization (DAO) as the technology develops.

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eSports

Martin Lycka Joins Oddin.gg as Vice President of Institutional Affairs

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Oddin.gg has named Martin Lycka as Vice President of Institutional Affairs, enhancing the firm’s knowledge in regulation and responsible gambling as esports wagering grows in regulated markets worldwide.

Lycka offers over 15 years of high-level regulatory and responsible gambling expertise in Europe, North America, and Latin America. Most recently, he held the position of Senior Vice President for American Regulatory Affairs and Responsible Gambling at Entain, where he directed regulatory strategy throughout the Americas and oversaw global esports regulatory issues. He additionally sits on the Board of Directors for the American Gaming Association.

Before joining Entain, Lycka had high-level regulatory positions at GVC Holdings and Paddy Power Betfair, overseeing licensing initiatives and regulatory strategy in various jurisdictions.

In his new position at Oddin.gg, Lycka will collaborate with regulators, policymakers, publishers, tournament organizers, and integrity bodies, making sure the company’s esports betting solutions keep up with changing compliance standards. Situated on the U.S. East Coast, Lycka will aid the company’s growth into more regulated markets worldwide, with this new role highlighting the increasing industry need for suppliers with substantial institutional trustworthiness.

Martin Lycka, VP Institutional Affairs at Oddin.gg, said: “Esports betting has experienced significant development within fully regulated environments. This has been the outcome of proactive engagement, education, transparency, and open dialogue with regulators. Oddin.gg, as an industry pioneer, has built its approach around those principles, and I’m looking forward to supporting the company as it scales across many more global markets.”

Marek Suchar, Co-Founder and Managing Director at Oddin.gg, added: “As esports betting continues to scale, institutional credibility becomes just as important as product quality. Martin brings deep regulatory experience and a practical understanding of what regulators seek to become comfortable with innovative betting products. His appointment strengthens our ability to engage constructively with regulators, addressing integrity, governance, and technological concerns, and to support partners operating in complex regulatory environments.”

The post Martin Lycka Joins Oddin.gg as Vice President of Institutional Affairs appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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IZI Finance

IZI Finance Delivers Impressive Growth Across Its Divisions

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IZI Finance plc, the financial subsidiary of IZIGROUP, today revealed impressive interim results for the six-month period ending 31st December 2025, highlighting exceptional growth in all its revenue-producing business sectors. The results showcase the Group’s disciplined financial approach, operational robustness, and the ongoing enhancement of its primary gaming endeavors.

Throughout the reviewed period, the Group maintained steady progress across its varied portfolio, supported by consistent cash flows, careful cost control, and a persistent commitment to long-term value generation for stakeholders. The favorable outcomes further illustrate the Group’s balance sheet robustness and its capability to implement strategic priorities.

The Group reported a turnover of €561 million, representing a 25% increase compared to the previous year, while Player Winnings rose by €104 million relative to the same timeframe last year. This endeavor led to unprecedented Gaming Revenues of €53.9 million, showing a rise of €8.6 million (a 19% enhancement compared to the same timeframe of the prior financial year). The Group additionally announced impressive profitability growth, concluding the 6-month timeframe with an EBITDA of €18.1 million, reflecting a 35% rise in comparison to the same period last year. Net profit before tax rose to €6.9 million, a gain of €4.2 million, signifying a 156% increase compared to the €2.7 million NPBT recorded in the same period last year. The Group is anticipated to exceed the FY2026 financial goals, with forecasted revenue expected to surpass the €1 billion level as Gross Gaming Revenues are projected to reach over €100 million.

These results underpin and support the Group’s international expansion strategy, reinforcing the rationale previously communicated to the market on January 19, 2026, wherein the Board of Directors of IZI Finance plc announced that it is actively seeking to return to the market with a second issuance of bonds on the Official List of the Malta Stock Exchange. Subject to the necessary regulatory approvals being obtained, the proceeds of the proposed €30 million bond issue would go towards supporting the next phase of IZIGROUP’s growth strategy via international expansion, building on the strong foundations established in recent years. The Group announced that it has already identified several feasible and well-advanced international growth opportunities, and this issuance would be designed to provide the financial latitude required to pursue them in a disciplined and sustainable manner.

Commenting on the outlook, the Board remains confident that the Group is well positioned to build on its current momentum and pursue sustainable growth in the medium to long term. The Board also highlighted that the Group will be leveraging its proven operational expertise, regulatory experience and management of large-scale, concession-based gaming environments, with a view to exporting its successful operating model to international gaming markets.

The post IZI Finance Delivers Impressive Growth Across Its Divisions appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Colombia

ZITRO INSTALLS OVER 70 MACHINES ACROSS GRUPO ALADDIN CASINOS IN COLOMBIA

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Zitro is expanding its presence in Colombia with the deployment of more than 70 machines across Grupo Aladdin venues in key cities, including Cali, Bogotá, Barranquilla, and Pereira. This rollout strengthens Zitro’s position in the Colombian market and its partnership with one of the country’s leading casino operators.

The lineup includes proven performers such as Fu Frog, Fu Pots, and King Fu Frog—titles that have delivered strong results in gaming floors nationwide.

“We are also introducing a Wide Area Progressive (WAP) as part of the gaming experience on our Altius Glare cabinets. Given its track record, we are confident this will be a significant success for the group,” says Iván Gómez, Sales Manager at Zitro Colombia.

Jorge E. Vélez, Director of Gaming Technology and IT at Grupo Aladdin, comments: “Expanding our portfolio alongside a leading supplier like Zitro is a significant milestone for us. The performance of these titles has exceeded our expectations, further reinforcing the long-standing trust we place in their products.”

Alejandra Burato, Zitro’s Regional Director for Latin America, adds: “We are very pleased to see our games featured across Grupo Aladdin’s venues. This partnership is a reflection of the success of our expansion strategy in Colombia and our commitment to delivering high-performing products to the market.”

The post ZITRO INSTALLS OVER 70 MACHINES ACROSS GRUPO ALADDIN CASINOS IN COLOMBIA appeared first on Americas iGaming & Sports Betting News.

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