Rishabh Vekaria Explains the Strategic Benefits of SiGMA Asia for SPRIBE’s Roadmap

SiGMA Asia is fast approaching, and SPRIBE is preparing to participate in one of the most significant events in the iGaming industry. In this interview, Rishabh Vekaria, an avid Poker player with considerable skills, will discuss the strategic benefits of SiGMA Asia for SPRIBE’s roadmap. 

How important is SPRIBE’s participation in SiGMA Asia for the Asian iGaming market?

Thank you for having me on your platform; I am glad to be here. 

First, I want to state clearly that SiGMA Asia is bound to be the biggest event of the year in Asia and perhaps the entire gambling industry. SPRIBE should be proud of its participation in 2024’s SiGMA Asia. They are on top of their game and deserve to be at this event in June. 

Let’s not forget that SPRIBE has won the Best Game Provider award for two years running, the latest one being at SiGMA—World’s Gaming Festiva Eurasia Awards 2023. So, I am unfazed that SPRIBE, whose signature innovation is the Aviator crash game, sponsors the 2024 SiGMA Asia event. 

I am excited to see what SPRIBE offers in terms of products and innovations at SiGMA Asia 2024. The company’s participation these past few years has been meaningful for the Asian iGaming market. SPRIBE has recently brought some very innovative crash and poker games into the industry.

SPRIBE unsurprisingly had a nomination for the ‘Best Crash Game Provider 2024’ award at SiGMA Asia but unfortunately lost to iWin after the votes landed. Nevertheless, I know that SPRIBE will receive the ‘Best Platform Provider 2024’ award at the Conrad Grand Ballroom in June. 

What new products and innovations will SPRIBE present at SiGMA Asia?

I believe there is one product from SPRIBE, released recently in 2024, that is bound to change how we look at iGaming platforms. SPRIBE named its cutting-edge and revolutionary iGaming website Broadway Platform. This innovative technology stack will include comprehensive bookmaker and casino sections. 

From what I can gather, the sportsbook will cover up to 125 sports worldwide, including eSports and virtuals. The Broadway Bookmaker will include over 3000 betting markets across global sports. Players will have 100,000 pre-match odds available, with at least 70,000 in-play odds daily. 

I tip the casino section on the Broadway Platform to be a never-seen-before in the industry. We are looking at a mega-scale casino with up to 16,000 games, including popular slots, tabletop games, live dealer titles, and crash options. This casino will have links to local and global jackpots and will associate with up to 200 world-class providers. 

Based on my adequate research, the Broadway Platform will have an expert trading and risk management team, including 80+ top-tier gambling professionals. They will be looking to amass a 14% average margin on pre-game and 10% on live bets. Broadway will rely on a certified Random Number Generator (RNG) system. 

Players will be able to transact in multiple currencies using methods like Mastercard, Skrill, and Crypto transfers. Broadway’s support system will allow for varied languages based on punters’ preferences. The site itself will be user-friendly and easy to navigate. Spribe has done itself out with this game-changing product. 

SPRIBE launched its Broadway Platform in February 2024 and will be looking to present it at this year’s SiGMA Asia Awards. One of SPRIBE’s side quests in the last year was becoming an official partner of UFC.

What trends and challenges do you see in the Asian iGaming segment in 2024?

I have noticed quite a few developments in the Asian iGaming segment in 2024. Asian regulatory bodies have adopted advanced technology and analytics to solve player protection and money laundering issues. They also impose stricter measures to foster better site protection and anti-money laundering practices. 

Gambling operators are also beginning to prioritize mobile optimization to promote their iGaming content in the Asian market. Technologies such as Virtual Reality (VR) and Blockchain are starting to take stride in the Asian iGaming community, and regulators will have no choice but to adapt. 

Lastly, regulators will look to tackle the challenges of responsible gambling in the Asian iGaming market. Operators and regulators working together to solve these challenges will set the pace for success in the ever-changing Asian iGaming segment in 2024. Once again, I am Rishabh Vekaria. Thank you for having me.