{"id":10170,"date":"2025-07-18T09:49:17","date_gmt":"2025-07-18T08:49:17","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=10170"},"modified":"2025-07-18T09:49:22","modified_gmt":"2025-07-18T08:49:22","slug":"podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/","title":{"rendered":"Podcast Review: Megabet Plus\u2019 Nick Laconico on Global iGaming and the Power of Local Culture"},"content":{"rendered":"\n<p>In the eighth episode of<em> iGaming Accent<\/em>, host <strong>Vakho Mdivani<\/strong> sits down with <strong>Nick Laconico<\/strong>, CEO of<strong> Megabet Plus<\/strong>, to discuss a career that has spanned continents and eras of gaming \u2014 from the digital revolution in Las Vegas to the unique betting culture of Cyprus.&nbsp;<\/p>\n\n\n\n<p>Nick\u2019s journey into gaming began unexpectedly, shaped by the tech boom of the 1990s. \u201cI thought I was going to work for one of these companies, Oracle, Adobe, something like that. So when I graduated, it was like maybe 70% of the graduates, engineering, computer science guys, stayed in Silicon Valley. The rest went to Vegas to do everything from local area networking, the slot machines, which were transitioning from mechanical slot machines to computerized random number generators.\u201d<\/p>\n\n\n\n<p>Nick\u2019s career then took him to Asia, where he helped bring electronic bingo to the Philippines. \u201cI became a distributor and got into electronic e-bingo machines all over the Philippines, which was on fire back in the day&#8230; We went from 20 shops to 250 and&#8230; we were the second fastest growing company in the Philippines, doing over a billion in sales turnover on the machines.\u201d<\/p>\n\n\n\n<p>Reflecting on the operational challenges of such rapid growth, Nick recalls, \u201cBefore I took the position of COO, the chairman of the company looked at me straight&#8230; he said to me, we don\u2019t sleep until 2018. That was around 2015&#8230; I didn\u2019t understand what he meant. But basically that\u2019s what was happening. I mean, all hands on deck seven days a week, but unsustainable, right? You can\u2019t live like that forever.\u201d<\/p>\n\n\n\n<p>A key lesson from his international experience is the importance of localization. Nick shares, \u201cWe brought the product that was number one back in Brazil into the Philippines, and I was expecting it to do massive numbers, but it just fell on its face. No one liked the game&#8230; That would be my main one, not understanding how to localize, and understanding that the number one game in one market doesn\u2019t guarantee success.\u201d<\/p>\n\n\n\n<p>Arriving in Europe, Nick discusses<strong> Megabet Plus<\/strong>\u2019s position in the saturated Cypriot market, Nick emphasizes the power of local presence and community: \u201cWe are the local brand. We\u2019re the local retailer, and we\u2019ve the most shops. In every village you visit in Cyprus, you\u2019ll see a Megabet there. And our shops are like the equivalent of a barber shop or a men\u2019s club, right? Guys go there to watch games, to talk, to smoke, to hang out with their friends&#8230; It\u2019s a gathering spot. It\u2019s a social place, not just to make a bet.\u201d<\/p>\n\n\n\n<p>He also highlights the value of employing ex-players as agents: \u201cA lot of our agents are ex-players, a lot of them. So they\u2019ve got some kind of local reputation in the city or the village that they\u2019re in. Everybody knows them. They know everybody&#8230; These people are like gold mines.\u201d<\/p>\n\n\n\n<p>On leadership, Nick is clear that listening is key: \u201cFor me, what I like to do is surround myself with good people&#8230; I collate, I sift, I gather everyone\u2019s information. I put in my two cents and, you know, out of a hundred, maybe it\u2019s a little more than two cents, maybe it\u2019s 10 cents, but the other 90% comes from everybody else\u2019s feedback that comes to me. And then from there, I make the decision.\u201d<\/p>\n\n\n\n<p>Looking to the future, Nick sees continued growth and innovation in iGaming: \u201cMore and more states are starting to regulate iGaming. It\u2019s just going to grow more in the US and provinces in Canada as well. The regulated space is important. So, I only see the industry getting bigger, and the more competition, the better. It will make a better product, a more interesting product, a fairer product&#8230; I can\u2019t think of another industry that\u2019s more dynamic than gaming.\u201d<\/p>\n\n\n\n<p>He also responded to a question from a previous guest, <strong>CrustLab\u2019s <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2025\/07\/04\/podcast-review-marcin-jablonski-on-igaming-innovation-and-industry-evolution\/\"><strong>Marcin Jablonski<\/strong><\/a><strong>,<\/strong> and posed one of his own for the next guest.<\/p>\n\n\n\n<p>To hear the full conversation and gain even deeper insights, listen to <a href=\"https:\/\/www.youtube.com\/watch?v=g5_DcKbBjxY\">the complete podcast episode<\/a> of iGaming Accent.<\/p>\n\n\n\n<p>Don\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the eighth episode of iGaming Accent, host Vakho Mdivani sits down with Nick Laconico, CEO of Megabet Plus, to discuss a career that has spanned continents and eras of gaming \u2014 from the digital revolution in Las Vegas to the unique betting culture of Cyprus.&nbsp; Nick\u2019s journey into gaming began unexpectedly, shaped by the [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":10171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1,42,43,564],"tags":[12117,13353,13354,1250,12204,13116],"class_list":["post-10170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-podcasts","category-review","category-slider","tag-igaming-accent","tag-megabet-plus","tag-nick-laconico","tag-podcast","tag-podcast-review","tag-vakho-mdivani"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"In the eighth episode of iGaming Accent, host Vakho Mdivani sits down with Nick Laconico, CEO of Megabet Plus, to discuss a career that has spanned continents and eras of gaming \u2014 from the digital revolution in Las Vegas to the unique betting culture of Cyprus.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-18T08:49:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-18T08:49:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/07\/podcast-Nick.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Maria Khomeriki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maria Khomeriki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/\"},\"author\":{\"name\":\"Maria Khomeriki\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\"},\"headline\":\"Podcast Review: Megabet Plus\u2019 Nick Laconico on Global iGaming and the Power of Local Culture\",\"datePublished\":\"2025-07-18T08:49:17+00:00\",\"dateModified\":\"2025-07-18T08:49:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/\"},\"wordCount\":716,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/07\/podcast-Nick.png\",\"keywords\":[\"iGaming Accent\",\"Megabet Plus\",\"Nick Laconico\",\"podcast\",\"Podcast Review\",\"Vakho Mdivani\"],\"articleSection\":[\"News\",\"Podcasts\",\"Review\",\"slider\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2025\/07\/18\/podcast-review-megabet-plus-nick-laconico-on-global-igaming-and-the-power-of-local-culture\/\",\"name\":\"Podcast Review: Megabet Plus\u2019 Nick Laconico on Global iGaming and the Power of Local Culture - 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