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Tier One Entertainment raises Pre-Series A financing to expand presence across Asia

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Tier One Entertainment, the gaming and esports entertainment pioneer and leader in Southeast Asia, has raised an undisclosed amount of financing on its recent Pre-series A round.

The Pre-series A round was led by Gobi Partners through its Gobi-Core Philippine Fund, a joint-venture fund with Core Capital. In addition, Warner Music Group joins the round as part of their strategic investments in the region. Warner Music Group Corp. is an American multinational entertainment and record label conglomerate that is considered is one of the “big three” recording companies worldwide. Meanwhile, Gobi Partners is one of the longest-standing venture capital firms with a Pan-Asian presence across North Asia, South Asia, and ASEAN, with over US$1.2 billion in assets under management (AUM).

Octava, a Singapore-based family office, KAYAC Inc, a Japan-based internet company, and Tier One Entertainment’s early stage investor, Atlas Ventures have contributed to this round.

Started as a professional talent agency, Singapore-registered Tier One Entertainment is now the largest gaming and esports entertainment provider in Southeast Asia, housing 420 talents with a cumulative reach of 100.9 Million on Facebook, 23.5 Million on Youtube, 11.8 Million on Instagram, and 9.1 Million on Tiktok.

The infusion of finance will power Tier One Entertainment, currently operational in Malaysia, Myanmar and the Philippines, to set up local operations in other Asian countries.

The proceeds of the financing will be specifically utilized to hire back-end teams that will further support their talents, expand their esports operations in Blacklist International, Tier One’s Esports team, and set-up their first content creation hub in the Philippines.

“The gaming industry is going through a golden age and this funding will help accelerate our growth by allowing us to replicate our success in other markets. In just a few years of operations, we’ve found a winning formula in esports and gaming by developing a robust business model around top tier content creation and authentic distribution. We firmly believe that we are an Asian behemoth in the making and now that we have more support from established venture capital firms around the globe, Tier One Entertainment is now poised for explosive growth,” Tryke Gutierrez, Founder, and CEO, Tier One Entertainment, said.

Tier One Entertainment was founded in 2017 by esports veteran Tryke Gutierrez, cosplay and gaming superstar Alodia Gosiengfiao and seasoned entrepreneur Brian Lim. Together, they sought to revolutionize Southeast Asia’s esports landscape, bringing their expertise in creating winning formulas to turn their talents into gaming superstars.

“We have come a long way since our first business meeting at my home in 2017. With the growth of mobile gaming, streaming and esports as an avenue for youth entertainment, we came up with the foresight to develop and house these talents by building our very own YG Entertainment of gaming. We are truly grateful for our new backers for believing in our vision that we can take this company to the next level,” Alodia Gosiengfiao, Co-founder, Tier One Entertainment, said

The company has locked in top talents in the Philippines, Myanmar, and Malaysia to date. As COVID-19 accelerated gaming and esports’ interest, they plan to take advantage of this growth by acquiring more up-and-coming talents in other markets.

“Tier One showed their resilience and agility through their meteoric rise in the industry. Not only did the team understand the complex space of esports and entertainment, Tier One continues to thrive by expanding its footprint across the region. We’re excited to have Tier One join our portfolio of startups under the Gobi-Core Philippine Fund”, Carlo Delantar, Partner, Core Capital, noted.

The esports company is also backed up by Bitkraft Ventures and Atlas Ventures during its seeding round and has clients such as Foodpanda, Unilever, Riot games, Samsung, Smart communications among others under its business portfolio. The company positions itself as capital efficient and generating multimillion in annual revenues.

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Kazakhstan Orders Telecom Providers to Block Illegal Online Casino Payments via Mobile Balances

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Kazakhstan authorities have moved to tighten controls on illegal online gambling payments after uncovering schemes that use mobile phone balances to fund unlicensed casino activity.

The Financial Monitoring Agency (FMA) issued instructions to telecom providers to strengthen monitoring and introduce systems to detect and block suspicious transactions.

According to the FMA, mobile operators including Tele2, Altel, Beeline, Kcell and Activ were called to a working meeting where regulators demonstrated how illicit payment flows to online casinos are being processed.

To verify the issue, the FMA carried out test purchases across 10 illegal online casino websites using services from all major mobile operators. The tests confirmed that payments via mobile balances were possible.

The agency stated that the goal is to cut off financial access to illegal operators and reduce public exposure to unregulated platforms. Further enforcement actions are expected as monitoring continues.

Meanwhile, Kazakhstan is preparing to significantly tighten rules on the promotion of illegal gambling. A group of senators is advancing an initiative to introduce criminal penalties for influencers who advertise online casinos and organise “giveaways.”

In related developments, a Kazakhstani influencer has recently been arrested in Vietnam on suspicion of running an illegal gambling operation.

Furthermore, the country is also restricting citizens’ access to legal gambling options, indicating a broader anti-gambling stance towards locals while still pursuing gambling tourism.

Lawmakers introduced rules restricting access to casinos, slot machine halls and betting venues in several regions to foreign nationals only. The changes will take effect on 17 May.

In March, President Tokayev signed a law establishing four new gambling zones for foreigners in the country.

The post Kazakhstan Orders Telecom Providers to Block Illegal Online Casino Payments via Mobile Balances appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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IGT Presents Powerful Combination of Gaming and FinTech Solutions at G2E Asia 2026

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IGT has announced that it will present a dynamic portfolio of market-attuned gaming and financial technology (FinTech) solutions at G2E Asia 2026, May 12-14 at The Venetian Macao. Under the theme “TOGETHER – Built to Win,” IGT will showcase its momentum in multi-level progressive (MLP) linked content and its unique position to drive operator value through the combination of Everi,s FinTech product and the widely adopted IGT ADVANTAGE casino management system (CMS).

“As the region’s largest gaming technology showcase, G2E Asia 2026 is an opportunity for IGT to demonstrate how combining IGT systems product and Everi’s FinTech product can introduce incremental value to our customers in Asia and enhance the player journey. We will also present a localized portfolio of proven IGT games such as Rising Rockets, Money Gong and Cash Cove that reflect our focus on delivering high-performing content and helping our customers in the region diversify their gaming floors,” said Hector Fernandez, CEO of IGT.

Highlights within IGT’s G2E Asia showcase in stand #A801 will include:

Market-attuned linked MLP games: G2E Asia will be a showcase for IGT’s global MLP sensations Money Gong Link and new Rising Rockets base-game themes, Prince and Princess. Both titles will be demonstrated on the PeakCurve49 cabinet, along with the brand extension Cash Cove Lucky Catch Trio and the Asia-targeted three-pot game, San Xing Gao Zhao Link. G2E Asia will also be the global debut for the Firework Link game on the PeakDual27 cabinet. This explosively fun linked MLP includes two base game themes with distinctive math models, inventive mechanics and multiple, scalable bonuses.

Versatile cash-handling and promotional technologies: Everi cash-handling technologies and jackpot processing tools that are designed to seamlessly integrate with multiple CMSs will be a centerpiece of IGT’s G2E Asia showcase. The award-winning Everi Premium Cash Redemption Terminal (CRT) and the Everi Mini CRT bring friction-free transactions to the gaming floor and introduce convenient tap functionality. IGT will also exhibit Everi QuickDraw, a groundbreaking cloud-based promotional drawing tool, and Everi Jackpot Xpress, a module for tracking and efficiently paying out jackpot winnings that is customizable to meet individual property processes and procedures.

Next-generation systems architecture with IGT ADVANTAGE X: the Company will demonstrate how the IGT ADVANTAGE X CMS can drive operator value and player convenience throughout Asia. IGT’s Systems team will highlight IGT ADVANTAGE X’s new bus-based system architecture that helps improve network speed, stability, connectivity and uptime. This CMS enhancement allows data to quickly transfer to or from the gaming floor, enabling seamless system-wide upgrades, content downloads, service window content and more.

The post IGT Presents Powerful Combination of Gaming and FinTech Solutions at G2E Asia 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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NOVOMATIC to Debut New Linked Progressive Innovations and Expanded Portfolio at G2E Asia 2026

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NOVOMATIC is going to showcase a comprehensive portfolio of next-generation gaming solutions at G2E Asia 2026, highlighting its strong commitment to the Asian market and reinforcing its role as a trusted technology partner across the region. At booth A518B, the company will showcase a powerful mix of linked progressive innovations, advanced ETG solutions, new game content and region-specific offerings – supported by the presence of its extensive network of Asian distribution partners.

In line with its commitment to product excellence, NOVOMATIC will also present a selection of its latest award-winning innovations, recently recognised at the prestigious European Casino Awards. Taking center stage is the DIAMOND X QUATTRO 1.55J, awarded Best Slot Machine. This flagship cabinet combines a striking 55-inch J-curved display with a refined glass touch deck and a powerful high-performance sound system, delivering an immersive and premium player experience.

A key highlight of this year’s exhibition is the first-ever presentation of VISION LINK in Asia. NOVOMATIC’s latest multi-feature linked progressive concept combines five-pot mechanics, modern gameplay design and the popular LOCK&SPIN feature to deliver a highly engaging player experience. Its compatibility with the proven XTENSION LINK series enables scalable configurations and strong performance across premium gaming floors.

Further strengthening the progressive portfolio, XTENSION LINK Volume 5 will be introduced as the newest addition to one of the industry’s most successful linked progressive families. Featuring 12 games inspired by classic fruit themes and iconic NOVOMATIC titles, it blends nostalgic appeal with modern presentation and proven features such as Golden Spins.

Also on display, Impera PROLINK 2 delivers a high-impact jackpot experience, combining well-known classics with new game content and advanced mechanics such as Chain Reaction, Super Collect and Extended Reels within a dynamic three-pot setup.

A major focus will also be placed on the award-winning Novo Unity Pro ETG platform, which will be showcased with its latest feature upgrades, further expanding its flexibility, performance and player engagement capabilities. In addition, NOVOMATIC will present Novo Unity Pro as a stand-alone solution, offering operators even greater versatility in deploying high-quality ETG experiences tailored to individual floor requirements.

Complementing the core portfolio, visitors can explore new live-game solutions as well as the latest game highlights from APEX, further enriching the overall product mix. The showcase will also include dedicated solutions for the Philippine E-Gaming segment, underlining NOVOMATIC’s targeted approach to regional market requirements.

“G2E Asia is a key platform for us to demonstrate the strength and depth of our portfolio in one of the most dynamic gaming regions worldwide. With the Asian debut of VISION LINK, major enhancements to Novo Unity Pro and a broad range of tailored solutions, we are delivering exactly what our partners are looking for: innovation, flexibility and strong performance,” said Kenan Bajram, Deputy Director of Global Sales at NOVOMATIC AG.

The post NOVOMATIC to Debut New Linked Progressive Innovations and Expanded Portfolio at G2E Asia 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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