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Altenar Among First to Offer Sportsbook Cash Out in Italy

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Altenar, the leading Malta-headquartered sportsbook provider, has become one of the first to introduce a sportsbook Cash Out product to the Italian market, following the recent introduction of new legislation by Italy’s regulator

Utilising Altenar’s Cash Out feature, users no longer have to wait for their bet to reach its natural conclusion. The product gives bettors the opportunity to follow selections and cash out at any point, at the touch of a button. Already widely used by players worldwide, the product also offers partial Cash Out and Auto Cash out features.

The landmark move follows the publishing of the new PSQF 4.0 protocol by Italian regulator ADM (Agenzia delle Dogane e dei Monopoli), valid from 28th October. With the legislation now setting the minimum stake per bet in multiples of €1 and the maximum payout at €50.000, Altenar’s sports betting offering is set to take the Italian market by storm.

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Francesco Papallo, Regional Director at Altenar, said: “The introduction of this regulation change has been a long time coming, and we are thrilled to finally be able to offer the Italian market our industry leading Cash Out product.

“This new legislation has opened the door for us to provide players in Italy a truly well-rounded sportsbook, and Altenar is now better placed than ever to compete at the highest level in this market.”

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EveryMatrix signals LatAm expansion plans with CIBELAE membership

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EveryMatrix has joined CIBELAE, the official branch of the World Lottery Association for 80 Hispanic American speaking countries, including Latin and Central America, Spain and Portugal, signalling its plans to expand its global reach across multiple regulated markets.

The application to join the Corporación Iberoamericana de Loterías y Apuestas de Estado as an Associate Member was approved at CIBELAE board level and is due to be formally ratified during the organisation’s Annual Ordinary Assembly later this year.

Membership positions the tier-1 technology provider alongside the most reputable lottery and iGaming institutions in 80 countries across six continents including Latin America, gaining valuable networking opportunities across events, working groups and industry discussions with major local operators.

It will also provide EveryMatrix with increased regional influence enabling its local and international commercial and product experts to contribute to shaping conversations around regulation, technology, and innovation within the lottery, betting and iGaming sectors.

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EveryMatrix has a long history of working closely with tier-1 customers in LatAm and Spanish and Portuguese speaking markets with products including its SlotMatrix aggregation and exclusive content licensed and/or certified in Brazil, Columbia, Peru, Portugal, Spain, and many more territories.

Ebbe Groes, Group CEO & Co-Founder EveryMatrix, said: “This is a great step forward in both solidifying and expanding our presence in Latin America, Spain, Portugal and many other key territories as a trusted technology partner for lotteries.

“We look forward to leveraging this membership to create new, long-lasting relationships and opportunities and contributing to the growth and sustainable success of many important regulated markets.”

Rodrigo Cigliutti, Executive Director, CIBELAE, said: “The incorporation of EveryMatrix as an Associate Member of CIBELAE brings to our network a world-class B2B technology partner, renowned for delivering scalable, compliant, and innovative solutions that empower national and state-owned lotteries to modernise, expand omnichannel operations, and enhance player protection in regulated markets worldwide.”

The post EveryMatrix signals LatAm expansion plans with CIBELAE membership appeared first on European Gaming Industry News.

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AD STANDARDS COUNCIL HONORS PAGCOR CHIEF

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The Ad Standards Council (ASC) today recognized Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco for his leadership in promoting responsible advertising in the gaming industry during the council’s Patas na Patalastas Summit in Makati City.

In accepting the Plaque of Appreciation from the ASC, Mr. Tengco said the honor was not only for him but also for the men and women of PAGCOR who remain committed to fairness, truth, and accountability in discharging their responsibilities.

He also commended the ASC for its role in upholding truth, decency, and accountability in Philippine advertising.

“Industries like ours carry an even greater responsibility to protect public trust,” Mr. Tengco said. “Our partnership with ASC ensures that gambling-related advertisements are not only creative and compelling but also ethical, truthful, and mindful of their impact on society.”

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The ASC and PAGCOR formalized their collaboration last July 16 through a Memorandum of Understanding requiring all gambling-related ads – whether on TV, radio, online, or outdoors – to undergo ASC review and approval before public release.

PAGCOR itself also ordered the removal of all outdoor gambling billboards as part of its stricter regulatory measures last month.

“These steps are proof that when it comes to protecting the public, we will always choose to do what is right,” the PAGCOR chief added.

The ASC summit brought together regulators, advertisers, and industry stakeholders to reinforce collaborative efforts in ensuring truthful, ethical, and accountable advertising practices in the Philippines.

The post AD STANDARDS COUNCIL HONORS PAGCOR CHIEF appeared first on European Gaming Industry News.

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BETBY ANNOUNCES PARTNERSHIP WITH SATOSHI GAMING GROUP TO EXPAND PRESENCE IN ASIA

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BETBY, an industry-leading sports betting provider, has announced a new partnership with Satoshi Gaming Group, a prominent crypto-first casino operator known for its high-roller user base and strong presence in the Asian market, particularly the Philippines. This collaboration marks a significant milestone in BETBY’s continued global expansion and its commitment to supporting innovative iGaming brands.

As part of the agreement, Satoshi Gaming Group will fully integrate BETBY’s cutting-edge sportsbook solution, including its proprietary esports feed Betby Games and comprehensive suite of AI sportsbook tools, AI Labs.

BETBY will deliver its complete sportsbook solution via iFrame integration, giving Satoshi Gaming Group users access to an enhanced betting experience across 125+ sports, 50+ esports titles, and 8,000+ markets with over 500,000 monthly events. Additionally, the offering also includes Betby Games’ proprietary e-sim portfolio, featuring 22 titles and more than 450,000 matches per month.

Chris Nikolopoulos, Chief Commercial Officer at BETBY, commented: “We are thrilled to welcome Satoshi Gaming Group to the BETBY ecosystem. Their unique position as a crypto-native operator with a strong base of high-value players aligns perfectly with our product strengths and future roadmap. This partnership reinforces our commitment to supporting the next generation of digital-first betting operators.”

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Rustam M., Head of Operations at Satoshi Gaming Group, added: “Partnering with BETBY gives us access to a world-class sportsbook offering that fits seamlessly into our crypto-first platform. With their cutting-edge technology and flexible integration, we’re confident we can provide our users with a next-level sports betting experience that complements our casino offering.”

The post BETBY ANNOUNCES PARTNERSHIP WITH SATOSHI GAMING GROUP TO EXPAND PRESENCE IN ASIA appeared first on European Gaming Industry News.

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