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iBETcha Gives Fans a $50k ‘Second Chance’ at NCAA basketball glory with ‘Buzzer Beater’ iBet Challenge

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Astralis Capital among second round investors as Sports Gambling Guides receives an additional $2M in funding

 

iBETcha announced that the company will launch its new peer-to-peer betting app by awarding up to $50,000 in cash prizes if there is a ‘buzzer beater’ finish for either the 2021 NCAA Men’s or Women’s basketball finals.

Qualified entrants using the iBETCha app will be chosen at random for a chance to win the ‘Buzzer Beater iBet Challenge.’ Players in the entry pool must place an iBet on their chosen Men’s or Women’s NCAA Finals winner by correctly calling a ‘buzzer beater’ – or a winning shot in the final three seconds of the game.

The iBETcha app is a pioneering social wagering platform that enables users to enjoy the excitement of betting on anything, anywhere, at any time: between friends; with other users worldwide; or against iBETcha ‘The House.’

“March Madness is the most exciting three weeks of sporting activity in America. But millions of people suffered busted brackets almost immediately after the tournament started,” said iBETcha Founder John Ricci. “This was a banner year for major upsets, so a lot of people are wishing they had a second chance. That’s what the ‘Buzzer Beater iBet Challenge’ is all about.”

Users can enter the iBETcha ‘Buzzer Beater iBet Challenge’ via the iBETcha app – which is available in BETA version on the Apple app store. Or go to iBETcha.io to learn more about this game-changing breakthrough in social wagering. Entries are due no later than 6pm on Sunday, April 4th for the NCAA Women’s and 9pm April 5th for the Men’s.

From picking winners in major sports competitions to proposition in-game wagers, parlays and custom iBets – users enjoy all of the excitement and thrill of big-time betting in a non-cash environment that uses iBits as in-game currency.

iBETcha Inc. is a privately held corporation based in Boston, MA that has entered its first round of fundraising. It was founded in October 2020. The in-app ‘social betting’ experience merges the excitement of real-time wagering and daily fantasy sports with the viral appeal of popular smart-phone gaming and social media-based games, with localized rewards. The exclusive BETA version is available now on the Apple app store.

The total award pool for iBETcha’s ‘Buzzer Beater iBet Challenge’ is worth well over $50,000 with entrants that miss out on the big chances at $25,000 still eligible for other premiums, awards and prizes. Among more the prizes up for grabs in the iBETcha contest are:

  • A round trip ticket to Las Vegas on Greyhound from anywhere in the continental U.S. and a Starbucks gift card.
  • 8×10 original Chuck Norris signed photo (made out to ‘Sheila’); Birddogs Shorts; L.L. Bean socks; an ‘Ellen’ mug; a set of steak knives; and more.
  • A complete Mission Cooling ensemble for Athletes that need cooling

“Big-time wagering isn’t just about money. It’s about thrill-seeking, excitement and the high-roller lifestyle,” said Ricci. “We are delivering on all of that with the most dynamic and fast-paced wagering experience possible. It’s life, and we have gamified it.”

 

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SOURCE Ibetcha Inc.

Compliance Updates

QTech Games sharpens its LatAm focus with MINCETUR licence in Peru

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QTech Games sharpens its LatAm focus with MINCETUR licence in Peru

 

New certification for emerging-markets leader arrives ahead of key industry summit in Sao Paulo and awards recognition

QTech Games, the leading game aggregator for emerging markets, has had its platform and games successfully approved for the Peruvian market, demonstrating that its premier B2B platform and all-encompassing content conforms to the latest legislative updates to enhance and regulate Peru’s local gaming environment.

Peru’s Ministry of Foreign Commerce and Tourism (MINCETUR) has now issued an online gaming licence to QTech Games, whereby all its platform products and games are now deemed legally permitted. This includes its new software service for retail, QTech Hybrid, which allows land-based partners to scale their operations online. QTech Hybrid simplifies transactions by enabling deposits, withdrawals and gameplay while allowing access to players both in-shop and on personal devices.

This breakthrough hybrid solution has quickly won clients and awards in the comparably fragmented African market (most recently in March for Best Innovation at AGE Lagos), and now promises to do likewise across LatAm, where QTech Games has already signed several major clients for both its aggregation platform and its QTech Hybrid solution. This activity has seen it again nominated for Best Aggregator at the SiGMA Americas Awards, which kickstart the SiGMA Americas summit (7-10 April) next week, as the igaming world converges on Sao Paulo for a must-attend conference in another of QTech Games’ “focus markets” for 2025.

Philip Doftvik, QTech Games’ CEO, said: “It’s fantastic to have certified our aggregation platform in Peru via MINCETUR – and I’m pleased to say we have more such approvals pending across the continent. We attended fantastic events in Rio and, more recently, SAGSE 2025 in Buenos Aires – and anticipate more of the same at SiGMA Americas in Sao Paulo next week, where we’re also thrilled to have been shortlisted for Best Aggregator at their LatAm Awards. Given the venue, Brazil will be dominating the discussion for many at SiGMA Sao Paulo. However, we’ll also be looking beyond Brazilian borders this year, and are already active in Mexico, Chile, Colombia and Paraguay. We know our QTech Hybrid solution will work very well wherever we put a pin on the LatAm map.”

QTech Games delegates will be present at five more LatAm summits in 2025, with SiGMA Americas (7 April) the next port of call – followed by GAT Expo Cartagena (28 April), SBC Americas (13 May), Peru Gaming Show (18 June) and GAT Expo Mexico (28 Aug).

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BETBY STRENGTHENS LATAM PRESENCE THROUGH STRATEGIC PARTNERSHIP WITH CALÍMACO

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BETBY STRENGTHENS LATAM PRESENCE THROUGH STRATEGIC PARTNERSHIP WITH CALÍMACO

 

BETBY, an industry-leading sports betting provider, has announced a long-term partnership with Calímaco, a premium B2B sportsbook supplier with a strong foothold across Latin America. This collaboration aligns with BETBY’s expansion strategy in the LATAM market, reinforcing its commitment to delivering state-of-the-art sportsbook solutions in the region.

As part of the agreement, Calímaco will integrate BETBY’s award-winning sportsbook solution, including its proprietary esports feed BETBY Games, and comprehensive trading and risk management services. Additionally, by leveraging BETBY’s AI-driven technology, AI Labs, Calímaco’s partners will gain access to an unparalleled betting experience tailored to the needs of the LATAM market.

Known for its scalable and robust casino and lottery platform, Calímaco will significantly enhance its offering with an additional 300,000+ events, 8,000+ markets, 125+ sports, and 35+ esports provided by BETBY, cementing its position as a go-to supplier in the region’s competitive iGaming landscape.

Stefanos Karakidis, Head of Business Development at BETBY, commented: “We are excited to partner with Calímaco, a company that shares our vision for technological excellence and operator-focused innovation. Integrating our complete sportsbook solution into Calímaco’s platform will enable brands across LATAM to elevate their sports betting offerings and provide their users with an exceptional experience.”

Alejandro Serrano, Head of Business Development at Calímaco, added: “BETBY’s sportsbook technology is renowned for its flexibility, scalability, reliability, and comprehensive coverage. Incorporating their award-winning solution into our platform will empower our partners with world-class sports betting capabilities, further strengthening our presence in the Latin American market.”

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GLI® Names Sangeeta Reddy as Vice President, Innovation

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GLI® Names Sangeeta Reddy as Vice President, Innovation

 

To ensure the company keeps its global clients well ahead of the technology curve, Gaming Laboratories International (GLI®) has named Sangeeta Reddy as Vice President, Innovation. Previously, she served as Vice President of Engineering. Reddy will lead the company’s newly formed Innovation division.

“Technology is advancing at a breathtaking rate. Our mission at GLI is to advance with technology, while also constantly finding ways to do more to keep our clients informed and ahead of what’s next. In her new role, Sangeeta will continue to evolve our evaluation methodologies via her passion for R&D, her extensive experience both in and out of the gaming, and her strong academic background,” said President and CEO James R. Maida.

Reddy began her gaming industry career in 2001 as a PA Engineer at IGT, specializing in VLT, Slot games. She joined GLI in 2020. Prior to joining GLI, Reddy successfully managed Software QA and Development teams at Thomson Reuters and General Motors.

She holds a certificate from the Harvard Business Publishing’s Emerging Leaders program and a certificate in Associates Computer Information Systems. Her Postgraduate certification includes Chief Technology Officer Program, Business Analytics: From Data to Insights, and Driving Strategic Innovation: Leading Complex Initiatives for Impact from the Wharton School Aresty Institute of Executive Education and certifications in Cloud Computing, Artificial Intelligence and Machine Learning: Business Applications, Artificial Intelligence, and Data Science and Business Analytics from the Texas McCombs School of Business, Postgraduate Program.

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