admiralbet-joins-playtech-ipoker-network

AdmiralBet Joins Playtech iPoker Network

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Gambling technology company Playtech has welcomed AdmiralBet to its iPoker network.

Focused on growth in regulated markets worldwide, in line with Playtech’s wider strategy, the iPoker network offers an excellent liquidity pool, backed by prime software and services developed to comply with regulatory requirements in multiple jurisdictions.

Joining the network earlier this month, Admiral is the latest in a series of recent additions, with the operator continuing to grow its share in the key Italian market.

“We are delighted to welcome AdmiralBet.it to the iPoker network. The past few years have seen great changes in the poker sector and while these have included undeniable challenges, Playtech has continued to invest in both enhancing our poker product and extending our network. AdmiralBet is one of Italy’s fastest-growing poker operators and we are very proud to be chosen as their partner to build on this success,” Marat Koss, VP of interactive gaming at Playtech, said.

“As a world leader in the gambling industry and an unrivalled track record of success in poker, Playtech was a natural choice as our new network provider. The company’s commitment to poker is clear and we look forward to a long and successful partnership as we build our market share in Italy,” Paolo Marchi, managing director at AdmiralBet, said.

brinc-unveils-new-accelerator-programs-for-spring-2023

Brinc Unveils New Accelerator Programs for Spring 2023

 

Brinc — a leading global venture accelerator that prioritizes sustainability, inclusivity and equitability — announces the launch of new accelerator programs focused on Climate TechEducational Technology (EdTech), and MedTech & Healthcare, that will commence in Spring 2023.

The new verticals will complement the recently announced ENTERPRISE NEXT program as well as Brinc’s successful FoodTech program and Web3 accelerators (ZK Advancer and The Sandbox Metaverse Accelerator, run in partnership with Animoca Brands and The Sandbox). Applications for the Spring 2023 cohort are now open at: https://www.brinc.io/accelerators/.

The three new global Brinc accelerator programs will focus on:

Climate Tech
Covering innovative, scalable approaches to carbon dioxide removal (CDR), this vertical will provide tailored support to a global network of climate tech founders. Brinc will source early-stage founders working on permanent removal approaches, utilization opportunities, and enabling technologies. Support includes connections to relevant mentors and subject matter experts to address challenges such as IP, supply chain, refining their business models and go-to-market strategies, techno-economic/financial/impact modeling, and pitch preparation. Subsequent to the program, startups will receive ongoing support from Brinc’s portfolio team and be connected to a global network of investors.
Investment ticket: US$150,000

EdTech
Targeting startups that wish to drive impact and tackle education-related problems with use of Web3 technology, this program aims to support the education industry’s game changers. From providing lessons to roadmap assistance, minimum viable product preparation, and offering skills and connections needed to thrive in the space, the focus is on education equitability — particularly if a startup’s goal is to digitalize enhancement of both old and young clients’ knowledge and skillsets.
Investment ticket: US$250,000

MedTech & Healthcare 
Focused on innovative medical and health technologies to improve all aspects of the health industry, especially those that utilize Web3, Brinc’s MedTech & Healthcare program – taught in conjunction with Prenetics – invites founders that are exploring the use of gamification, rewards, and other digital assets in the metaverse to promote healthy living of body and mind. The program also supports startups using Web2 tech, such as wearables and clinical devices, that work towards the goal of making health more accessible, universal, and equitable.
Investment ticket: US$250,000

Recently Launched and Current Programs

ENTERPRISE NEXT

New to Brinc’s accelerator program line-up, the ENTERPRISE NEXT program is aimed at accelerating the next generation of enterprise-ready business solutions in or looking to enter India, this program focuses on B2B companies. Targeting startups looking to enable new business models; enhance interactions (particularly with use of Web3); use the blockchain to facilitate faster, more secure transactions; and help others achieve carbon neutrality.

Investment ticket: US$100,000

FoodTech
Tech-driven solutions to solve deep-rooted inefficiencies in the food system and create a more sustainable food supply chain.
Investment ticket: US$130,000

The Sandbox Metaverse Accelerator
For startups contributing to the growth of The Sandbox ecosystem by building unique experiences and populating the platform with fresh creativity and new content.
Investment ticket: US$150,000 in USD equivalent

ZK Advancer
For global blockchain and non-fungible token (NFT) startups that are shaping the future of Web3 and driving digitalization; with potential new-partnership support from Fusang, Asia’s first fully licensed and regulated digital exchange for security tokens and assets.
Investment ticket: US$250,000

Brinc Commentary

Brinc has accelerated more than 150 companies, which boast an average post-program first raise of over US$2.35 million for those successful in subsequent rounds.

Brinc CEO and founder Manav Gupta said: “Spring 2023 will see the introduction of exciting new programs, each of which will contribute to the Brinc ecosystem by promoting inclusivity, sustainability, equitability, or a combination. The new programs have been developed based on timing, necessity, market demand, and the opportunities presented. By casting a wider net for the entrepreneurs we support, securing additional funding, and expanding our network partners, Brinc will spend 2023 and beyond accelerating even more game changers, ultimately helping more people and the planet.”

A maximum of 10 applicants will be accepted for each program, and submissions close on December 30, 2022. Startups looking to catalyze their success by knowing the right people, learning the right lessons, and getting the right funding should pick the accelerator that suits them and apply now.

mga-games-event-in-malta,-full-of-operators-from-the-online-sector

MGA Games event in Malta, full of operators from the online sector

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Last night MGA Games held an event within the framework of the SIGMA Europe fair attended by international operators in the online gaming sector, an action framed within the program designed by the company to strengthen the relationship with its current and potential clients.

“The response from the operators was overwhelming. During the meeting, they had the opportunity to learn about all our news and commercial proposals, in addition to verifying the experience and personalised attention we offer to each of our clients”, explains José Antonio Giacomelli, General Manager at MGA Games.

“The meeting has allowed us to sign new and promising agreements with operators from various countries, which will allow us to provide online casinos around the world with new content,” says Giacomelli.

The MGA Games team is at the SIGMA Europe fair, which takes place at the Malta Convention and Exhibition Center until Friday, November 18th. There they will continue to meet with their partners and operators to present the latest innovations developed by the company for the online sector.

t-systems-opens-delivery-centre-at-nagpur-in-partnership-with-tech-mahindra

T-Systems opens Delivery Centre at Nagpur in partnership with Tech Mahindra

 

T-Systems International is one of the leading European IT services providers, partnering with Tech Mahindra to expand its footprint in India by starting another Delivery Center in Nagpur. This is in addition to its delivery centers in Pune and Bengaluru to deliver intelligent digital solutions and efficient cloud services to T-Systems International’s global customers.

As part of the partnership, Tech Mahindra will enable the ramp-up of T-Systems’ workforce by building a dedicated team to deliver cutting-edge technology solutions in digital and Cloud. The company’s access to the market, talent from Tier II cities and competitive pricing would help build up the flexible capacity for T-Systems’ delivery needs.

The new centre will be the situated in Mihan SEZ Zone and equipped with a gymnasium, cafeteria, recreation centre for employee engagement, etc.

Following the rapid growth in India, T-Systems is looking to add more than 6000 people over the next 24 months and will be adding professionals with digital and cloud skills. The new hires will further expand & manage the cloud & digital capabilities for the customers of T Systems International.

Mr. Adel Al-Saleh, CEO of T-Systems International, said, “The partnership with Tech Mahindra and the expansion into Nagpur will benefit T-Systems’ strategy to scale in India to support our growth plans. With our strong software solutions and our global delivery centers, we will continue to push towards our target of being the leader in our select markets by building an integrated portfolio of scalable Digital & Cloud services.”

Mr. Anant Padmanabhan, Managing Director, T-Systems ICT India Pvt. Ltd. said, “After having successfully ramped up in Pune and Bengaluru, we wanted to tap into talent in other locations to further scale our operations and we chose Nagpur as our next location to expand, in partnership with Tech Mahindra.  This will help us exponentially scale our digital and cloud capabilities in India.”

CP Gurnani, Managing Director & Chief Executive Officer, Tech Mahindra, said, “Ease of Doing Business (EODB), availability of manpower, and access to infrastructure has accelerated Nagpur’s potential to become the next digital hub for cutting-edge innovation. The new Cloud and Digital Services Centre in Nagpur today marks another milestone in our long-standing partnership with T-Systems and will enable them to expand their digital foothold, unlock new business opportunities, and help enhance global customer experience & solution delivery. This will further help generate employment for local talent and provide them with opportunities to learn and grow with a global team.”

T-Systems generates annual revenues of circa 4 billion euros. The lion’s share is distributed between the two future-oriented business areas of cloud services and digital solutions, at around 85 percent. Advisory services are another key differentiating capability, supporting clients in the development of their digital strategies. Security is built into every offering. T-Systems is also set to place more focus on partnerships, with a particular focus on scaling near-shore and off-shore capabilities.

jagex-expands-growth-marketing-team-with-new-vp-of-marketing

Jagex expands growth marketing team with new VP of Marketing

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Leading UK game studio Jagex, publisher and developer of community-driven games, has announced it has hired Matt Saunders as its new Vice President of Marketing. He will oversee the marketing vision & strategy at Jagex linking data with creative thinking and Marketing technologies across Jagex’s portfolio of living games.

Matt Sanders is a marketing strategist with a strong background in analytics driven marketing. Vastly experienced in growing & managing high performing teams alongside running marketing for both new launches & live games, Matt is joining Jagex from Forte’s Games Business Unit. Prior to this, Matt has held director level positions in digital marketing at N3TWORK and Zynga.

In his new role at Jagex as Vice President of Marketing, Matt will oversee all aspects of marketing within Jagex, in particular those related to its world renowned RuneScape franchise. This will mean working with embedded Marketing Directors and their teams, studio leads, executive management and a core central marketing group covering Brand Ownership, Creative Services, Digital Marketing, CRM and marketing analytics. Implementing a new marketing vision for the company to see it grow to even greater heights.

Phil Mansell, Jagex CEO, said: “We are thrilled to have Matt join the team, where his extensive experience in marketing will help Jagex continue to grow. His expertise in marketing and user acquisition specifically means he will be playing a key role in the ongoing success of The RuneScape franchise, our third-party publishing arm Jagex Partners, and the recently acquired Pipeworks Studios. These are exciting times for Jagex and for every player who loves our games, and we look forward to spreading that message even further with Matt’s support”

Matt Saunders commented: “I am delighted to join Jagex as VP of Marketing. Pairing my data driven approach with the incredible creative talent at Jagex is an amazing opportunity and I look forward to making a significant impact in the continued growth and development of the company.

the9-limited-to-hold-annual-general-meeting-on-december-19,-2022

The9 Limited to Hold Annual General Meeting on December 19, 2022

 

The9 Limited (Nasdaq: NCTY) (the “Company”), an established Internet company, today announced that it will hold its annual general meeting of shareholders (“AGM”) at the Company’s business office, 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People’s Republic of China on December 19, 2022 at 2:00 p.m.Shanghai time, for the purpose of considering and, if thought fit, passing the proposed resolution sets forth in the notice of AGM. The board of directors of the Company fully supports the proposed resolution and recommends that shareholders and holders of the Company’s American Depositary Shares (“ADSs”) vote in favor of the resolution sets out in the notice of AGM.

The Board of Directors of the Company has fixed the close of business on November 18, 2022 as the record date (the “Record Date”) for determining the shareholders entitled to receive the notice of, and to attend and vote at the AGM, or any adjournment or postponement thereof.

Holders of record of the Company’s ordinary shares at the close of business on the Record Date (Shanghai time) are entitled to notice of, to attend and vote at the AGM, or any adjournment or postponement thereof. Beneficial owners of the Company’s ADSs who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company’s ADS program, The Bank of New York Mellon.

The notice and the form of proxy of the AGM are available on the Company’s website at http://www.the9.com/en/agms.html. The Company has filed its annual report (the “Annual Report”), which includes the Company’s audited financial statements for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s Annual Report can be accessed on the investor relations section of its website at http://www.the9.com, and on the SEC’s website at http://www.sec.gov. Holders of the Company’s ordinary shares or ADSs may obtain a copy of the Company’s Annual Report, free of charge, by email to [email protected] or by writing to:

The9 Limited
17 Floor,
No. 130, Wu Song Road,
Hong Kou District,
Shanghai 200080, PRC

valorant-india-invitational:-galaxy-racer-partners-with-amd-for-its-usd-100,000-prize-pool-event

Valorant India Invitational: Galaxy Racer partners with AMD for its USD 100,000-prize pool event

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Valorant India Invitational, organised by Galaxy Racer,  powered by Advanced Micro Devices (AMD), one of the world’s leading high-performance and adaptive computing providers, gears up for its first international Valorant tournament, scheduled to take place in Hyderabad from November 18 to 20.

Featuring a plethora of gaming talents from across the globe, Valorant India Invitational also boasts of a massive prize pool of USD 100,000. It is South Asia’s first-ever international valorant tournament and a partnership with AMD resonates with the magnitude of the event.

Built on natural synergy between two global brands, this association aligns perfectly with the ethos of Esports and will enhance the gaming experience of high-profile teams and gamers participating in the tournament.

“AMD is a brand well versed in the field of gaming and we are delighted to announce them as the title sponsor of the biggest valorant tournament in India. This partnership will ensure high-quality and fluid performance for the gamers competing against the best names in valorant and make Valorant India Invitational an immersive experience for everyone involved. We look forward to working together with AMD and witnessing the gripping action of the LAN finals,” said Siddharth Ravishankar, Chief Gaming Officer, Galaxy Racer.

AMD, a name rooted deeply within the gaming culture, has been innovating high-performance technologies to enrich the gaming ecosystem and transcend technical limitations. Being associated with various Esports organisations and prominent tournaments in the past, the brand has a strong portfolio of taking gaming to the next level.

Sharing his views on the association, Mukesh Bajpai, Marketing Head, AMD India saidGaming has always been a key segment for AMD. Over the years AMD has been designing products that deliver the ultimate, immersive gaming experiences to professional e-sports athletes and gamers. We are thrilled to partner with Galaxy Racer to organize South Asia’s first Valorant India Invitational tournament. This is an exciting opportunity for our brand to demonstrate AMD’s value proposition to India’s top e-sports athletes and enthusiasts. We are looking forward to this collaboration with Galaxy Racer and supporting India’s next generation of gamers.

Brand integration has become a vital part of the ever-growing Esports space as the ‘Tuning into Consumer’ report from FICCI-EY states that the number of brands investing in the industry is expected to reach 100 this year from 72 brands in 2021.

Besides AMD, Galaxy Racer has also partnered with Glance Gaming to live stream the event.

The action-packed LAN event of Valorant India Invitational will take place at the GMR Arena in Hyderabad with eight teams, namely, Team Heretics Paper Rex, Team Secret, Rex Regum Qeon, Boom Esports, Bleed Esports, Enigma Gaming and GodSquad, fighting for the grand prize.

the-information-names-shanghai-bangbang-robotics-as-one-of-the-top-50-most-promising-startups-2022

The Information Names Shanghai Bangbang Robotics as One of the Top 50 Most Promising Startups 2022

 

Shanghai Bangbang Robotics Co. Ltd (Bangbang Robotics), a world leading service provider of electric wheelchairs and mobility scooters, has been named no.1 in Asia in The Information‘s Top 50 (TI50) Most Promising Startups 2022.

As one of the most authoritative technology media publications in the Silicon Valley, The Information has tens of thousands of paid subscribers in 84 countries and regions around the world. The TI50 is an annual list that chooses 50 companies from around the world that have the potential to be the most valuable businesses in their respective fields.

BangBang Robotics has a current company valuation of approximately $83 million and is on track to triple its revenue in 2022. With its pioneering development of artificial intelligence (AI) enabled electric wheelchairs, the company has been included in TI50 2022 after analysis of its current revenue, business model, and growth prospects.

Here in some more detail is why Bangbang Robotics was included in TI50 2022:

1. Strong product competitiveness:
The commercial competitiveness of Bangbang Robotics stems from the advantages of the company’s self-developed software and hardware.

The Bangbang Robotics value chain incorporates R&D design, production and sales, and lays a solid foundation for the company to be competitive in the domestic and international market.

2. Wide market reach:
BangBang Robotics sells its electric wheelchairs not only in China, but also in more than 20 other countries in Europe, the Middle East and Asia. About 35% of sales come from overseas markets.

At the same time, China’s population aged 65 and over accounted for about 12% of China’s total population of 1.4 billion in 2021, up from 8% a decade ago. In the future, this demographic is expected to grow further.

With the strong market demand, as a leading company in the industry, Bangbang Robotics has huge potential to serve more users in the coming years.

Bangbang Robotics founded in 2016, is the world’s leading service provider and manufacturer of rehabilitation assistive devices and has won a flurry of awards for its innovation, including the Red Dot Award for its standing-up wheelchair XZ-Droid (This product series is not available for Germany market), and, the iF Design Award from Germany for its power wheelchair Robooter.

china-national-blockchain-xinghuo-bif-appoints-myeg-to-own-and-operate-xinghuo-international-supernode-to-connect-china-blockchain-to-global-markets

China national blockchain Xinghuo BIF appoints MyEG to own and operate Xinghuo International Supernode to connect China blockchain to global markets

 

China’s national blockchain, Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G. Services Bhd (MyEG) for MyEG to own and operate the Xinghuo International Supernode that will provide connectivity to the rest of the world at the 2022 China Internet Conference hosted by China’s Ministry of Industry and Information Technology (MIIT) and Shenzhen Municipal People’s Government. The agreement also entails the cross-border adoption and utilisation of the latest Decentralised Identifier standard (DID) to gradually create the Web3 of China and beyond.

Xinghuo BIF is a global blockchain infrastructure devoted to a trustworthy digital foundation for the world. Up till now, 7 Xinghuo BIF supernodes cover main areas in China and 29 backbone nodes provide services to a broader range of industries and cities. Xiamen and Liuzhou Supernodes, Jiaozhou (Shandong) and Hengqin (Guangzhou) backbone nodes empower cross-border trade and provide international service overseas. International enterprises including SAP and Siemens partnered with Xinghuo to promote global blockchain innovative applications. Presently, Xinghuo BIF resolves approximately 100 million blockchain identifiers daily, placing it as the most actively used blockchain platform globally.

The international supernode will connect to MyEG’s layer-1 permissioned public blockchain, Zetrix, which is fully compatible with Xinghuo. This enables Zetrix network’s on-chain assets and transactions to cross seamlessly into Xinghuo, connecting governments, businesses and their people to a global blockchain-based economy.

Commenting on the partnership, Xiaohui Yu, President of CAICT said,” We should cooperate more in building node network, seize the opportunity presented in the next generation of Internet and empower industries with blockchain and other technologies, thus providing solid infrastructure and advancing innovative development.”

The agreement marks a milestone achievement in Xinghuo BIF’s global expansion since the Memorandum of Understanding that was signed on 12th October, 2021. The international supernode will connect to MyEG and develop blockchain infrastructure applications, which will increase the interconnectivity of infrastructure in countries, and enhance the capability of cross-chain operation. With its technologies and public service capabilities, Xinghuo BIF will provide blockchain services to Malaysia and other ASEAN countries and assist in cross-border commodity-tracing, identity verification and supply-chain finance.

Wong Thean Soon, Group Managing Director of MyEG and co-founder of Zetrix said, “Xinghuo BIF is already the most advanced and heavily utilised chain for industrial and trade applications. Now with the commencement of the Xinghuo International Supernode, the rest of the world can connect and be part of the China Web 3 evolution that will promote the establishment of international communities and facilitate global trade and finance.”

Xinghuo BIF and MyEG’s layer-1 public blockchain, Zetrix, had previously announced the introduction of cross chain Blockchain Identifiers (BID), Verifiable Credentials (VC), and on Chain Agreement signing. BIDs and VCs are critical building blocks of more interconnected Web 3, as they are the foundational tools that decentralised apps can call upon to deliver a myriad of new services.

The agreement between the parties was befittingly signed on-chain on the Xinghuo-Zetrix blockchain ecosystem.

global-top-round-announces-2022-cohort

Global Top Round Announces 2022 Cohort

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Video game accelerator program Global Top Round (GTR), has announced its winners for the 2022 accelerator program. In partnership with the government of Lulea, Sweden, the annual conference brought together studios, publishers, investors, and influencers from throughout the gaming industry to network at one event. At the end of this conference, GTR selected 10 of the most promising studios to be inducted into its annual accelerator program.

The winning studios and their respective games include:

  1. Mastodonte – Beat the Clock
  2. Studio Chahut – Dog in the Machine
  3. CinderCat Games – Glum
  4. Melbot Studios – GodsTV
  5. Studio 85 – Magicards: The Elemental Kingdoms
  6. BLACKBOX Studios – Mecha Attack
  7. Enchanted Works – Nomori
  8. Digital Devotion Games – Project Tumble
  9. Sager Entertainment Group LLC – Spectrum: Tactical Stealth Action
  10. Pentakill Studios – The Occultist

The ten studios are eligible for grant funding starting at $40,000, with the potential to receive a follow-up investment of $60,000 as well as further fund-raising led by Global Top Round. Additionally, GTR will support the titles by advising on their game development and introducing them to the industry’s leading investors and publishers.

“This year’s studios really blew us away with their game-changing projects,” Pontus Mahler, Vice President of Business Development at Global Top Round. “We’re optimistic each of these titles have the chance to succeed and land major deals to help them scale their business.”