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IPI “Open to Idea” of Issuing License to Another Casino Operator

Published

3 years ago

May 6, 2022

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Imperial Pacific International is “open to the idea” of another casino operator on Saipan, IPI’s Acting Chief Executive Officer Tao Xing told the Commonwealth Casino Commission during a meeting Thursday.

It was Commissioner Mario Taitano who raised the matter, noting that Xing earlier said he was “okay” with a proposed amendment to the casino law that would end the exclusivity of the license issued to IPI.

“Are you working with the legislature or lobbying with them to do that?” Taitano asked.

Xing said since there was no attorney with him, he could not say much about it. But he added that removing the exclusivity of the casino license is part of the negotiation between IPI and the CNMI government. “We are open to that idea,” Xing said.

Minority bloc Sens. Paul A. Manglona and Edith Deleon Guerrero have introduced Senate Bill 22-23 which would authorise the Commonwealth Lottery Commission to issue a second casino license. The measure has been referred to the Senate Committee in Fiscal Affairs chaired by Sen. Victor Hocog.

In a letter to Senate Floor Leader Vinnie F. Sablan two weeks ago, Manglona and Deleon Guerrero noted that the Fiscal Affairs Committee was still sitting on the bill.

They cited Senate Rule 7, Section 8 (c) which states that a committee “shall report to the Senate all actions taken on any matter referred to it. The report is due within 60 days from the referral date and within 90 days from the referral date for legislative initiatives and referenda.

Manglona and Deleon Guerrero also included in their letter the concerns raised by former IPI CEO Ray Yumul about IPI’s mounting liabilities to the CNMI and federal governments.

“It has been identified for fiscal year 2023 [that] the 25% for the retirees’ pension will be entirely dependent on the casino’s gross revenue tax. This raises grave concern since IPI shut down its casino on March 17, 2020 as a result of the global pandemic caused by the Covid-19 virus,” the two senators said.

Manglona and Deleon Guerrero said the Fiscal Affairs Committee has also not acted on Senate Resolution 22-1 which requests Gov. Ralph DLG Torres to instruct the Development Plan Advisory Committee representative to immediately provide a report to the legislature on casino projects.

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Gainr Acquires JanusDeFi to Power AI Stablecoin Factory and Protocol Tokenomics

Published

3 days ago

October 24, 2025

Adrienn Sarkany

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Gainr.ai today announced the acquisition of JanusDeFi, a research-led institutional DeFi infrastructure company specialising in AI-powered stablecoin engineering and tokenomics design. The move brings the JanusDeFi team, led by Dr Stylianos Kampakis, one of the earliest academic researchers in tokenomics, into the Gainr ecosystem as part of its expanding decentralised finance architecture.

The acquisition strengthens Gainr’s technical and research capabilities, integrates JanusDeFi’s AI-driven Stablecoin Factory into the Gainr Protocol, and supports the Gainr token pre-sale in early 2026.

Theo Koumis, Founder and CEO of Gainr.ai, commented: “We’re delighted to welcome Dr Kampakis and the JanusDeFi team into Gainr. Their expertise in institutional tokenomics and AI-based stablecoin systems perfectly complements our mission to create a smarter, more transparent, and data-led financial ecosystem. This acquisition accelerates our ability to deliver innovative, compliant, and sustainable solutions for decentralised finance.”

Dr Stylianos Kampakis, CEO of JanusDeFi, added: “Joining Gainr allows us to scale our vision faster and with greater impact. We’ve spent years researching how AI can optimise financial systems, from stablecoin mechanisms to governance modelling. Within the Gainr ecosystem, those ideas can now move from lab to market. It’s a natural alignment of innovation, trust, and long-term purpose.”

Dr Kampakis is a PhD graduate from University College London, MSc from the University of Edinburgh, and advisor to the London Business School’s Data Science Department and will continue to lead on AI tokenomics strategy and institutional integration within Gainr’s expanded R&D division.

This acquisition advances Gainr’s roadmap to build a fully integrated decentralised ecosystem of combining AI, DeFi, and real-world asset infrastructure to deliver scalable, data-driven stability solutions.

The post Gainr Acquires JanusDeFi to Power AI Stablecoin Factory and Protocol Tokenomics appeared first on European Gaming Industry News.

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UniPin Empowers Korean Game Publishers to Expand into Southeast Asia and India

Published

3 days ago

October 24, 2025

Adrienn Sarkany

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UniPin, the leading digital entertainment enabler in Southeast Asia and India, hosted a seminar in Seoul titled “Expanding Beyond Borders: Real-Life Insights to Grow Your Business in SEA & India” on October 23 in Gangnam, South Korea. The event brought together over 50 professionals from Korea’s gaming and digital content industries, offering direct, data-backed insights into two of the fastest-growing gaming markets in the world.

As the market leader with over a decade of operational experience across 34+ countries, UniPin shared real-time market knowledge and actionable insights to help Korean game publishers understand the unique dynamics of Southeast Asia and India, from player behavior and cultural preferences to monetization and payment ecosystems.

The Market Trends & User Insights session highlighted the rapid rise of Southeast Asia’s mobile-first audience and India’s expanding gaming economy. Drawing from real market experience, UniPin shared practical strategies to help publishers localize, engage players, and drive sustainable growth across both regions.

In the Marketing & Payment Systems session, UniPin showcased its deep expertise in community-driven marketing and payment solutions, demonstrating how its integrated ecosystem and strong local presence enable global publishers to enter and scale effectively in these high-potential markets.

“Our goal is to help global partners expand with clarity and confidence,” stated by Ashadi, Group CEO of UniPin. “We’re here to share real-world insights, not just data, and empower our partners with the connections they need to grow beyond borders sustainably, authentically and cooperatively.”

The seminar concluded with an open networking session where attendees connected directly with UniPin’s regional experts. “Many participants praised the event as a valuable platform that bridged the gap between Korea’s creative gaming ecosystem and the opportunities in Southeast Asia and India,” explained by Poeti Fatima, GM of UniPin Business Group.

Through initiatives like this, UniPin reaffirms its commitment to empowering global game publishers with the tools, knowledge, and local partnerships needed to thrive in two of the world’s most dynamic gaming regions.

The post UniPin Empowers Korean Game Publishers to Expand into Southeast Asia and India appeared first on European Gaming Industry News.

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FBMDS expands Titan Series with Power Gacha: a slot title packed with magical engagement

Published

4 days ago

October 23, 2025

Adrienn Sarkany

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FBMDS proudly announces the launch of Power Gacha, the latest slot title joining its high-performing Titan Series collection. Designed to captivate players with cultural inspiration, engaging features, and massive win potential, Power Gacha is a new step forward in FBMDS’ mission to deliver slots that drive engagement and retention for online casino operators worldwide.

Power Gacha is a 6×5 tumble slot where each spin brings players closer to adventure. Featuring cascading wins, free spins, and multiplier drops ranging from 2x to 100x, this title keeps excitement high and loyalty growing. With a 96.54% RTP and up to 15,000x max win, operators can rely on a game that guarantees long-lasting engagement.

Key Features

Tumble Mechanics: Winning symbols disappear and new ones cascade for non-stop play.
Free Spins Mode: Triggered with 4+ Scatters, including retriggers and multiplier drops up to 100x.
Buy Bonus & Ante Bet: Players can access Free Spins instantly or increase chances of triggering them naturally.
Engagement Boosters: Scatter pays anywhere on the reels; all symbols count.
Cross-Platform Optimization: Smooth gameplay across desktop, tablet, and mobile devices.
Tournament Integration: Operators can set up competitions with global reach, multi-currency support, and tailored rewards.

“Power Gacha reinforces FBMDS’ strategy of reinventing the slot experience with feature-rich titles that boost both engagement and operator results. By blending immersive design with mechanics players love, we deliver reliable solutions for online casinos worldwide,” said Renato Almeida, Director at FBMDS.

With its cultural aesthetic, thrilling mechanics, and personalization options, Power Gacha strengthens the Titan Series’ positioning as a collection built for retention. Operators can leverage its proven features and tournament-ready tools to keep players entertained and loyal.

The post FBMDS expands Titan Series with Power Gacha: a slot title packed with magical engagement appeared first on European Gaming Industry News.