Latest News
Alpha Esports Tech Announces the Closing of Heavy Chips Acquisition

Alpha Esports Tech Inc. announces the closing of 100% of Heavy Chips and Sports Betting, a fully operational online gaming site with over 800 popular casino games and over 5,000 sports betting opportunities every day on sports such as football, tennis, basketball, and more. Heavy Chips provides access to live dealer games, casino slots, arcade casino games, and sports betting.
Currently, Heavy Chips has over 250,000 registered users on its website and has seen consistent user growth every month of 2021. Heavy Chips has also recorded an average of approximately âŹ16,800 Euros in monthly unaudited revenue in 2021, including growth nearly every month. In October, Heavy Chips recorded unaudited revenue of approximately âŹ22,000 Euros.
The Company believes the online adult gaming/gambling sector is poised for continuous growth and that Heavy Chips key statistics show the growing potential in the sector and also illustrate how the Company is positioning itself for sustainable success.
The global online gambling market reached $66.7 Billion in 2020; is expected to more than double and reach $127.3 billion by 20271 Canada, the United States and Europe have the highest market share;2
Online gambling service providers/operators are allowed to enter into agreements with individual players or customers to provide betting services for real money, in turn attracting more gamers3
Recent studies show that 96% of online gamblers play at home; A large number of customers are using desktops for betting as downloading and installing casino software proves to be easier on desktops4.
The growth prediction comes from the rising popularity of online sportsbooks and the freemium business model of online casinos that lure players with no deposit bonuses. Also, it is believed among experts that smartphone adoption and cheap internet data plans are driving the market towards exponential growth. It is also believed more gambling experts are starting to realize that the transition to the digital environment is inevitable, that online casinos will take over the land-based market and bring advanced virtual environments similar to the in person experience5.
“Heavy Chips is the perfect acquisition for Alpha’s entry into the adult gaming sector,” said interim CEO, Matthew Schmidt. “Since we began our discussions with the Heavy Chips team, their user base has grown at a significant pace and they also have recorded increases in revenues nearly every month. We look forward to unlocking the full potential of this platform and are excited to deliver shareholder value through GamerzArena and now Heavy Chips.”
Compliance Updates
Zimpler Becomes Certified Payment Institution in Brazil, Strengthens Local Open Finance Ecosystem

Zimpler, a leading Swedish company in Pay-by-bank solutions, has become a certified Payment Institution (PI) in Brazil, authorized by the Central Bank. Now Zimpler is allowed to facilitate payments and other Open Finance ecosystem resources, streamlining the checkout process and reducing friction by allowing direct transactions without redirecting users to bank apps. This movement solidifies Zimplerâs plans and structure in Brazil.
âWe are thrilled to receive this authorization from the Brazilian Central Bank. The recognition of Zimpler as a payment initiator reinforces our commitment to this local market, which offers a great opportunity for growth and value in a very dynamic and competitive environment,â said Johan Strand, CEO of Zimpler.
The authorization, which also allows Zimpler to act as an electronic money institution, strengthens the Open Finance ecosystem in Brazil, one of the most advanced in the world and which now welcomes the leading payments fintech from Sweden. Businesses looking to thrive in the country can now benefit from the Zimplerâs seamless payment experience, giving them a competitive edge in a dynamic and fast-moving market.
âThis milestone showcases the strength of Swedish innovation and the mutual benefits that come from closer economic collaboration between Sweden and Brazil. Sweden has long been a leader in financial technology, and we are proud to see companies like Zimpler bring their experience and trusted solutions to contribute to Brazilâs dynamic digital economy,â said Andreas Rentner, Trade Commissioner and Country Manager of Business Sweden in Brazil.
âWith our experience powering over 80% of Swedenâs population through Swish, weâre bringing the same proven technology and approach to Brazil through Pix, one of the most successful real-time payment systems in the world. Weâre looking forward to helping businesses unlock the full potential of Open Finance in Brazil with seamless, secure payments that drive market growth,â Strand said.
The authorization by the Central Bank is another step in strengthening Zimplerâs foundation in Brazil, following the opening of its SĂŁo Paulo office in 2022. The company remains focused on expanding its footprint and deepening its partnerships across key verticals such as iGaming, where it sees strong growth potential.
Latest News
AGS Interactive Makes Market Debut in Connecticut

AGS Interactive has made its market debut in Connecticut, taking a selection of its best-performing games live in the Constitution State.
Local players in Connecticut can now enjoy three of AGSâ hit titles, with Capital Gains, Blazing Luck, and Dragon Fa initially available, all proven with both land-based and online players across North America.
AGS plans to roll out its full interactive portfolio, ensuring a steady cadence of new content for operators and players alike.
The launch represents AGSâ sixth regulated US market entry, further extending its footprint across the country and cementing its position as a supplier of beloved land-based classics with cunning interactive forward games.
Zoe Ebling, VP of Interactive at AGS, said: âEntering Connecticut is a huge milestone for us. Itâs not just another market, itâs a testament to the momentum our interactive division has built across the US.
âBy bringing Capital Gains, Blazing Luck, and Dragon Fa to Connecticut players, weâre giving them a taste of our best-in-class titles right out of the gate. Every new state launch is a fresh opportunity to show operators that AGS doesnât just deliver games, we deliver experiences that resonate. Weâve seen firsthand how our land-based hits translate online, and weâre excited to roll out even more content throughout the year.â
Latest News
NFL Announces Partnership with ICRG

The National Football League (NFL) announced a partnership with the International Center for Responsible Gaming (ICRG) to address growing concerns around gambling behaviors among college athletes and students. The NFL Foundation will contribute $600,000 over three years to support independent, peer-reviewed research being led by the ICRG that aims to explore the prevalence, risk factors, and impacts of gambling behaviors in these populations.
While initial studies have indicated that college athletes may be at higher risk for gambling problems, there remains a lack of comprehensive, current data on how college populations interact with online sports betting platforms. This NFL-ICRG initiative will empower independent researchers to explore a wide range of topics with the goal of informing data-driven prevention strategies, education, and policies aimed at reducing gambling-related harm. Grant applications will be peer-reviewed prior to the selection of the final recipient by the ICRG Independent Scientific Advisory Board.
Additionally, the NFL will fund an update to the ICRGâs âTalking with Children About Gamblingâ educational resources to equip parents, coaches, and educators with practical guidance to help prevent youth gambling exposure before college. Educational materials will be widely available online and distributed to schools, community sports organizations, and youth programs nationwide.
âWeâre proud to partner with the ICRG to advance research that can drive meaningful solutions and address a critical gap in the understanding of gambling behaviors among college athletes and students. This initiative reflects our ongoing commitment to promoting responsible gambling and fostering a safe and supportive environment for athletes, fans, and communities,â said Anna Isaacson, NFL senior vice president of social responsibility.
âThe NFL has once again demonstrated its commitment to player and fan protection by supporting this critical research targeting young adults. The NFL and ICRG together will make a meaningful contribution to understanding and implementing policies and programs that support a safer gambling environment,â said Arthur Paikowsky, president of ICRG.
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