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BOTS, Inc. Announces Strategic Investment In Metaverse-Ready XR Casino

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BOTS, Inc. (OTC: BTZI), (“BOTS” or “The Company”), a global technology conglomerate specialized in Blockchain-based solutions including decentralized finance applications, cybersecurity, crypto generation, mining equipment repair, extended warranty contracts, and its upcoming proprietary Metaverse based on the terrestrial Las Vegas, VEGAS.MV, announced today strategic investment in XR Casino, Inc.

XR Casino is the first technology company specialized in Extended Reality (XR) cross-technology casino gaming, XR game development solutions, and NFTs for the iGaming and sports betting industries. Its patent-pending platform is currently in development and plans to leverage AI, Blockchain, Augmented Reality, Mixed Reality, and Virtual Reality technologies to provide unparalleled gaming experiences and value-added services.

XR Casino completed the MVP versions of its initial games, Blackjack, Roulette, and Slot Machine in AR, MR, and VR, during 2021 and is on track to launch its social casino games and NFT store in Q2, 2022.

BTZI is the first strategic corporate investor in XR Casino and will be leveraging its technology to launch AR, MR, and VR casinos and casino games-as-a-service (GaaS) on its upcoming Metaverse based on the terrestrial Las Vegas.

“XR Casino’s proprietary technology and games deliver the immersive casino gaming experiences of the Metaverse to anyone with an AR-enabled smartphone, AR/MR glasses or VR headset,” commented Simon Rubin, chief executive officer of BOTS, Inc. “We believe AR will lead the way in connecting people to the Metaverse and through our strategic investment in XR Casino we will be able to bring together players using AR, MR, and VR in our upcoming Vegas.mv Metaverse, regardless of the technology or equipment they are using.”

“We are excited to have BOTS, Inc. as our first strategic corporate investor and look forward to launching our games on their Las Vegas-themed Metaverse,” commented Dan Martinez, Founder and CEO of XR Casino, Inc.

Virtual reality (VR) technology comes as a new phenomenon. It’s leading the way that most people will play games in the future. A report issued in April 2021 from Brandessence Market Research claimed the global VR gaming market would be worth almost $52.7 billion by 2025.

Recent research by Mordor Intelligence titled: EXTENDED REALITY (XR) MARKET – GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2021 – 2026) indicated that The Extended Reality (XR) Market is registering a healthy CAGR of over 62.67% during the forecast period (2021 – 2026). The extended reality (XR) market is being impacted by COVID-19, primarily due to multiple factors that include physical lockdowns, essential e-commerce delivery limitations, brick-and-mortar retail closures, and supply chain disruptions (supplier, manufacturer, distribution, wholesale, retail), and economic impacts.​ Further, a player such as Avnet Inc. has implemented operating cost-saving restructuring plans, including plans to reduce operating costs by USD 75 million annually by the second quarter of FY 2021. Avnet expects to use cash for restructuring, integration, and other expenses. Such initiatives are made to tackle the uncertainty caused by the COVID-19 outbreak. ​

Extended reality (XR) is currently an emerging umbrella term that encompasses immersive technologies, such as augmented reality, virtual reality, mixed reality, and other future realities such technologies might bring.​ The increasing demand for reducing the distance between people and richer visual content is driving market demand. According to a recent survey by Accenture, 80% of the business executives believed that it is essential to leverage XR solutions to bridge physical distance during employee engagement.

Companies are also developing supporting technologies for XR platforms, which are forecast to global commercialize XR technologies. In January 2019, Northern Digital Inc., a global manufacturer of 3D measurement and motion tracking solutions, launched its new electromagnetic sensor-fusion tracking technology for the XR platform: Atraxa. ​

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Identifying a great potential in the XR domain, several companies have established their XR product lines globally. For instance, Qualcomm has developed First Responder XR Glass that uses inertial, haptic, environmental, and health sensors, eye-tracking cameras, bone conduction transducers, and other components aimed for more intelligent and faster interaction with the environment. ​

Microsoft developed HoloLens 2, a hands-free mixed reality headset that is a guiding force for XR’s existence. It enables 3D visual training, hands-free video calling, and generates a virtual floor or room plan map.

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SOFTSWISS Wins Best Game Aggregator Award in Latin America

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SOFTSWISS wins the CGS Recife Awards 2025 for its flagship Game Aggregator, confirming its industry leadership as the largest content hub in iGaming, operating with 99.999% uptime across 24 regulated jurisdictions. Recognition in Latin America, where SOFTSWISS has achieved full product certification, further proves the product’s global dominance and commitment to delivering trusted solutions across key regulated markets.

The award recognises the best game aggregation platform in the Latin American iGaming market, celebrating leadership, innovation, and operational excellence. This recognition is especially important as it comes from Brazil, where all SOFTSWISS products have recently been certified, led by the Game Aggregator. It is the 7th international award for the Game Aggregator, highlighting the product’s dedication to delivering unmatched scale and stability.

The Game Aggregator is recognised as the industry leader because of measurable advantages that no other platform can match. Operating in 24 jurisdictions, the solution provides direct access to 35,000+ active playing games from 300+ providers with new releases appearing immediately in operators’ portfolios enabled by streamlined integrations.

Engagement features deliver proven growth. Its Tournament Tool increases average daily bets by 22% across the player base. Players who join tournaments place twice as many bets and wager 3 times more than others. Jackpot Aggregator campaigns on the Game Aggregator drive a 50% increase in turnover per user, making engagement mechanics a direct source of revenue.

The platform’s infrastructure is designed for continuous, fail-safe operation. Uptime reaches 99.999–100%, guaranteed by strict SLAs and backed with proactive system notifications. The system processes 7,000 requests and up to 100,000 database queries per second, with 99% of responses returned in under 100 milliseconds. This ensures operators never lose a session, a bet, or their players’ trust.

Beyond scale and engagement, the platform offers features that raise industry standards: AI-driven localisation for any market, deep analytics through the Ultimate Report Builder, and customisable game metadata for client-facing flexibility.

We are honoured to receive the Best Game Aggregator Platform award at CGS Recife. This recognition shows the value of our commitment: a constantly growing game portfolio, wide market coverage, and unwavering platform reliability. For almost ten years, our team has been building a platform that not only delivers scale and stability but also drives measurable results,” added Tatyana Kaminskaya, Head of SOFTSWISS Game Aggregator.

The SOFTSWISS team will be available at SBC Lisbon 2025, Stand B160, to discuss the possibilities of the Game Aggregator.

 

About SOFTSWISS

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SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 35,000 casino games, the Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

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Brazil Congress Told to Focus on $6.4B Gambling Revenue Losses to the Black Market

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Brazil’s Permanent Subcommittee on Sports Betting Regulation has stressed that greater focus must be placed on the massive revenue losses to the illicit black market.

In recent days, a public hearing in Congress detailed that the underground gambling sector is believed to generate around R$35 billion ($6.4 billion) per year. That is thought to equal around half of all online gambling activity in Brazil.

There was a consensus at the hearing that the primary challenge facing the South American nation was not the regulated gambling industry, but the proliferation of illegal platforms, and the absence of any controls or player protections.

As with all underground gambling networks, the government in Brazil does not receive any tax revenues from these operations.

Participants at the hearing included the Brazilian Institute for Responsible Gambling (IBJR), together with lawmakers, industry representatives, and other authority bodies.

Fernando Vieira, CEO of the IBJR, noted that the illegal market’s revenue rivals the legal market’s R$38 billion figure, causing the government to lose approximately R$10.8 billion ($2 billion) in tax revenue annually due to untaxed operations.

The discussion placed great emphasis on the fact that illegal platforms operate without any oversight, age controls, or user protections, which only increases the risks of underage gambling, fraud, and other illicit activity.

Last month, the IBJR presented new data showing that the Central West region uses illegal betting platforms more than anywhere else.

Since last year, authorities in Brazil are estimated to have blocked around 17,000 unauthorized websites, averaging over 1,700 per month.

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However, the Brazil Congress hearing was told that efforts must be increased to combat the illegal market, especially with the funds that are collected from the regulated sector.

Deputy Caio Vianna, President of the Subcommittee, who initiated the hearing, called for “financial suffocation” of illegal operators by targeting their payment methods, as shutting down websites alone is insufficient due to their ability to quickly relocate under another jurisdiction.

There was also significant opposition expressed toward the proposed measure, currently under review in the Brazil Congress, to increase the tax on gross gaming revenue from 12% to 18%, which the IBJR warns could weaken the legal market and create further momentum for the growth of illegal platforms.

IBJR chief Viera added, “This is a turning point. If Brazil shifts just 5 percentage points from the illegal to the regulated market, the additional revenue could reach R$1 billion per year.

“The solution is not to hastily increase taxes, but rather to invest in oversight, monitor financial transactions, certify suppliers, and raise consumer awareness. Only then will we reduce the scale of illegality and consolidate a strong and sustainable regulated sector.”

Source: readwrite.com

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Cactus Founder Nickolas Ribeiro Defends Industry’s Continued Commitment to Responsible Gaming

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In August, the Brazilian online gaming and sports betting sector will complete eight months of effective regulation. This new phase officially began on January 1, 2025, after a long period of debate and consultation between iGaming market representatives and government authorities.

According to Cactus Gaming founder Nickolas Tadeu Ribeiro de Campos, one of the main issues that has permeated this new era of online gambling is establishing resources and motivating the industry’s commitment to responsible gaming. “The commitment to Responsible Gaming must be ongoing. Here at Cactus, we invest in technological tools, protection policies, and strategic partnerships to ensure that entertainment is always aligned with the safety and well-being of players. We promote transparency, prevent risks, and support practices that strengthen the sector’s sustainability,” adds Nickolas.

It’s worth noting that the Secretariat of Prizes and Bets (SPA), which regulates gaming and betting activities in Brazil, published Ordinance SPA/MF No. 1,231, dated July 31, 2024, which establishes guidelines and measures to ensure that gaming and betting operations promote the integrity and well-being of bettors. The ordinance provides guidelines on how to manage gambling to prevent harmful behavior.

Awarded Best Platform of the Year for three consecutive years by the BIS Awards and Sigma Awards and expanding internationally, Cactus is a Brazilian company recognized for its innovation and excellence in the iGaming sector, standing out for the development of robust, secure and scalable solutions for operators worldwide.

All areas of the organization are committed to conscious practices and have leaders who believe this is one of the main pillars for a maturing market, as is the case in Brazil.

In this context, Nickolas Ribeiro emphasizes that consumers must be continually made aware, understanding that this activity needs to be done in a safe, healthy and recreational manner.

“The gaming ecosystem must be committed to raising awareness among its audience, promoting informative and preventive actions. We want gaming to be fun for everyone, while providing tools and support channels for those who need it. Therefore, educational initiatives are the best allies for building a robust, conscious, and transparent market in Brazil,” adds the founder of Cactus.

Welcome to Cactus’ new CFO

At the forefront of the industry, Cactus continues to grow and expand its structure with the acquisition of a new office and the hiring of market leaders. Last month, Thiago Garrides joined the team as the new Chief Financial Officer (CFO).

Garrides’ arrival represents a new cycle of financial expansion for the company, aligned with its strengthening in Brazil and growth in regulated international markets. The executive has over two decades of experience in corporate finance, risk management, and treasury. He has also led projects focused on operational efficiency, governance, and the structuring of financial services solutions.

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Cactus Gaming, along with its founder, Nickolas Ribeiro, understands the importance of employing highly qualified professionals to offer partners global standards of innovation, transparency, and security. Since its founding, the brand has established a broad portfolio of products and services geared toward the iGaming market, with the credibility of a company that adheres to international best practices. Garrides’ arrival reinforces this constant pursuit of excellence and responsibility.

“Thiago’s arrival represents a significant step forward in our executive structure. We are currently consolidating and expanding internationally, and having a CFO with his experience and strategic vision reinforces our commitment to solid, responsible management aligned with the challenges of the iGaming sector,” emphasizes Nickolas Ribeiro.

Internationally recognized and awarded brand

Cactus’ pioneering work has been recognized by major national and international industry awards. The company was named Best Platform of the Year for three consecutive years—in 2025, 2024, and 2023—and also won “Best White Label” at the SiGMA Awards and “Best Platform” at the BiS Awards.

With a presence at the main global events in the sector such as ICE, SiGMA Americas, SBC Summit, SiGMA Europe, IGB among others, and in full international expansion, Cactus Gaming reinforces its leadership by expanding its operations in Latin America, Europe and other markets.

 

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