Eman Pulis | SiGMA South Asia, iGaming Regulations & Why SiGMA Always Moves First
with Eman Pulis, Founder of SiGMA Group
- Quantum Gaming

- Kensho Media

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Why did SiGMA choose Sri Lanka over Thailand?
Why does the company consistently expand into emerging markets before everyone else? And where does Eman Pulis believe the next wave of growth in iGaming is coming from?
Recorded live at SiGMA Asia Manila, episode 55 of iGaming Real Talk featured host Surya Palli with Eman Pulis, Founder of SiGMA Group, for a conversation about regulation, market timing, and the strategy behind one of the industry's biggest event brands.
Rather than waiting for markets to mature, SiGMA has built its reputation by entering early, working closely with authorities, and helping shape conversations around regulated gaming. Eman also shares why Sri Lanka became the natural choice for SiGMA South Asia, what makes the region so important, and how SiGMA Rome is evolving into much more than a gaming conference.
If you're an operator, supplier, affiliate, investor, regulator, or simply interested in where global iGaming is heading, this conversation offers a behind-the-scenes look at how one of the industry's most influential event brands makes its biggest decisions.
Key takeaways
- The biggest opportunities often exist in the most unpredictable markets. "Asia is a very turbulent market. It's not for everyone, but if you can withstand that level of fluctuation, in the long run it's worth the squeeze." Eman explained that Asia's gaming market moves much faster than many other regions. While regulatory changes and market conditions can create uncertainty, they also create opportunities for businesses willing to adapt. For him, long-term success comes from embracing volatility rather than avoiding it.
- Market timing is just as important as market selection. "We like to be first where the industry needs us to be." Eman believes businesses shouldn't wait until regulation is complete before preparing for a market. SiGMA has consistently positioned itself in emerging jurisdictions before they reach maturity, allowing the company to grow alongside the market. Success often comes from arriving early, not simply arriving first.
- Regulation determines where opportunity goes next. "Thailand will have to wait." Eman explained that SiGMA originally planned to host its South Asia event in Thailand, but changing political priorities slowed the expected regulatory progress. Rather than forcing expansion into an uncertain market, the company shifted its focus to Sri Lanka, where the timing aligned better with its long-term strategy. Businesses need to adapt as regulation evolves.
- South Asia deserves its own place on the global gaming map. "A quarter of the world's humanity deserves to have a show that puts the spotlight on the needs of the South Asian market." For Eman, South Asia shouldn't simply be treated as an extension of Asia. With countries such as India, Pakistan, Sri Lanka, Nepal and Bangladesh representing nearly two billion people, he believes the region has unique opportunities that deserve dedicated industry attention. Growing markets require platforms designed around their own needs.
- The future of gaming will be shaped by technology beyond gaming. "We want to embrace all the technology that can help shape tomorrow's gaming industry." Eman believes innovation won't come from gaming alone. Technologies such as AI, fintech, quantum computing, DeFi and big data are increasingly influencing how the industry evolves. The companies that look beyond traditional gaming may discover the biggest opportunities.
- The next wave of growth will come from outside the industry. "We're bringing streamers, PPC affiliates, media buyers and SEO professionals from other verticals closer to gaming." Eman explained that SiGMA's vision extends beyond connecting gaming companies. By bringing together professionals from industries such as e-commerce, fintech, dating and media buying, the company hopes to introduce new ideas, audiences and innovation into iGaming. For him, the industry's future will be driven by greater collaboration across sectors.
Notable quotes
Asia is not for everyone, but if you can withstand the fluctuations, in the long run it's worth the squeeze.
A quarter of the world's population deserves a show that puts the spotlight on the needs of the South Asian market.
We want to embrace all the technology that can help shape tomorrow's gaming industry.
About the guest

Eman Pulis
Founder of SiGMA Group
Eman Pulis is the Founder of the SiGMA Group, a prominent force in the global iGaming event industry. He is recognized for his strategic approach to market expansion and his commitment to shaping regulated gaming environments worldwide.
LinkedIn profileTranscript excerpt
A short passage published by the podcast, not the whole conversation.
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- Surya Palli
Barcelona, Dubai, São Paulo, Madrid, and now we're here in Manila. And we spoke to leaders, experts, as well as industry pioneers talking about what's happening in Asia, what's also happening with the Filipino gaming market, and the wider Asian region. This series is brought to you by Kensho Media. They have been helping iGaming companies rank higher with SEO since 2008. This series is also brought to you by Quantum Gaming.
They help companies with white label and turnkey solutions in emerging markets. This year we're doing with real roadshow initiative as part of iGaming real talk, where we go to iGaming events all around the world and cover the insights from the ground. Stay tuned and subscribe to iGaming real talk. Hello and welcome back to another episode of iGaming real talk. I'm here with Eman at SiGMA Asia in Manila.
This is my third time here, and Eman, which time are you in Manila here now for the show?
- Eman
This is our fourth show.
- Surya Palli
Fourth show, okay.
- Eman
Philippines, yeah.
- Surya Palli
Yeah, that's great. I mean, a lot of things have changed in the Filipino market at the moment. I've had conversations with Joe, with Paul, and other people as well, which is quite interesting to cover the what's going on in the latest era.
But also, what I was curious to understand from your side is I saw the announcement recently that Sigma South Asia has moved or rather confirmed at Sri Lanka instead of Bangkok because it was being planned in Bangkok for a while and then now it moved to Sri Lanka. So, what's the main reason behind it and is it easy because nothing's going on in terms of regulation in Thailand and we want to be in the regulated areas or what's...
- Eman
Thank you for the opportunity. Let's rewind a little bit. Asia is an amazing market. I don't know if you remember. I think we were still in the same office.
- Surya Palli
You were planning to move to Manila.
- Eman
2018, I moved to Manila.
- Surya Palli
Oh, you already... Yeah, yeah, yeah.
- Eman
And I had spent there a year and a half setting up the office in Manila and then COVID told me you need to go to leave. And I only left the Philippines because of COVID. Asia is a very turbulent market. It fluctuates a lot. There's less stability than what we're used to in Europe. And if you speak to all the gaming companies who are based here, they will tell you one thing. It can be stressful.
- Surya Palli
Yeah.
- Eman
It's not for everyone, but if you can withstand that level of fluctuation, the in the long run it's worth the squeeze.
- Surya Palli
Yeah.
- Eman
And we love this market. So, yes, as you said PAGCOR in the Philippines was going through some changes as well and we saw that also in Thailand. So, a while back we have our B2G department...
- Surya Palli
Mhm.
- Eman
Was speaking with the government. It was indicating to us that regulation is fast approaching.
- Surya Palli
Yeah.
- Eman
And you know us, right? We like to be first where the industry needs us to be. We were first in Dubai, we were at the right time in São Paulo, at the right time in the Philippines, in Africa. We like to lead the pact and be in the driver's seat. So, we wanted to be in Thailand before before hits.
- Surya Palli
Yeah.
- Eman
But last February, the elections saw a more conservative government come to government, whom I think pulled the brake on embracing regulation the way we were anticipating.
- Surya Palli
Okay.
- Eman
So, Thailand will have to wait.
- Surya Palli
Yeah.
- Eman
Although I would love to be in Thailand.
- Surya Palli
Yeah, I was really hoping to be there.
- Eman
For it. We're involved in another show...
- Surya Palli
Yeah.
- Eman
That has been going in Thailand for 11 years now, Affiliate World.
- Surya Palli
Asia, yeah.
- Eman
So, it was my dream to also be in Thailand. So, we're back in Sri Lanka. Sri Lanka is a very exciting...
- Surya Palli
Mhm.
- Eman
Market. We've done the show last year. The feedback was amazing. And let's not forget one thing. South Asia, where we are holding the show now in November, 6 months away from our Asia show. South Asia's home to a quarter of world's humanity.
- Surya Palli
Yeah.
- Eman
Asiri, you come from...
- Surya Palli
India, yeah.
- Eman
Yeah.
- Surya Palli
If you count India, Pakistan, Sri Lanka, Nepal, and Bangladesh, 2 billion people, a quarter of world's humanity. And I feel that that region deserves to have a show... Yeah.
- Eman
That puts the spotlight on the needs of the South Asian market. So...
- Surya Palli
How many attendees are we expecting for the show?
- Eman
It's not our biggest show. It's one of our smaller shows, so we expect anywhere between 3,000-4,000 people. Last year, we had 2,000-3,000.
- Surya Palli
Yeah.
- Eman
We're expecting more this year. And so, it's not our first rodeo. We're confirming the same venue, the city of dreams. So, extremely comfortable to be in the hotel and the expo, and meet the industry from the local community.
- Surya Palli
Okay. That's great. I'm looking forward to it. It's easier for South Asian countries also to go to Sri Lanka because the visa regulations are a bit more flexible, I would...
- Eman
Very much the case. And let's not forget there's a lot of gaming companies that we know very well who have a global mandate...
- Surya Palli
Yeah.
- Eman
Who are doing extremely well in South Asia. I mentioned Spribe...
- Surya Palli
Yes.
- Eman
As an example that comes to mind. I believe David will correct me when he sees this clip online. The South Asian market is their strongest market, I believe.
- Surya Palli
Yeah.
- Eman
But David will correct me online.
- Surya Palli
I heard him saying in some of the clips, yeah.
- Eman
You go.
- Surya Palli
Yeah.
- Eman
So there's a lot of these international companies with a global mandate who have a heavy interest, not only in all the emerging markets, but especially in South Asia.
- Surya Palli
And Sri Lanka is also heading towards regulating the market, I heard from the news. Is that correct?
- Eman
As the rest of Asia.
- Surya Palli
Yeah.
- Eman
Always interesting times. Today it's banned, as the case in India, but you never know...
- Surya Palli
Yeah.
- Eman
What's happening tomorrow, and that's why we're there. We're there to drive to drive the narrative that regulated gaming is the only way to go. So we will keep driving that mantra forward.
- Surya Palli
Sounds good. We talked about Sigma Rome before, as well, but is there anything to you would like to add...
- Eman
Oh my god, with Rome. [laughter] Extremely exciting times with Rome. Last year we had six pavilions.
- Surya Palli
Yes.
- Eman
This year we have nine pavilions, so the show is growing tremendously, and it's not just about gaming. We want to be that conference that brings and marries together the gaming crowds, the frontier tech crowds, as well as the affiliate crowd from far outside gaming.
- Surya Palli
Yeah.
- Eman
When I say frontier tech crowd, expect companies like Binance, OKX...
- Surya Palli
Yeah.
- Eman
Politicians of world-class status.
- Surya Palli
I like that you're calling it frontier tech, not blockchain anymore, because there's more to it.
- Eman
I think.
- Surya Palli
It's more than embracing of the other verticals. It's not just AI and blockchain. It's not just about crypto, it's also about big data, quantum computing, DeFi, GameFi, fintech. So, we want to try and embrace all the technology, internet of things, that can help shape tomorrow's gaming industry. So expect three shows. Also AGS expect three shows. One pass will give you access to three shows that will see a lot of cross-pollination.
AIBC for frontier tech, Sigma for the gaming crowd and affiliate grand slam.com for over 300 exhibitors coming from far outside gaming. That's great. So we bring the fresh blood to the gaming itself because this is happening in the streamers specifically. Some of them do it because you know streamers who are promoting brands right now a lot of streamers who are promoting brands from other industries are coming into gaming.
- Eman
That's what we're doing, right? We're going to have at AGS streamers, PPC affiliates, media buyers, SEO from other verticals, whether it's peptides, neutra, adult, dating, e-commerce. All of them are coming closer to gaming through AGS.
- Surya Palli
Cool. Thank you Eman for joining me and also sharing the plans for Sri Lanka as well as what we can expect for Rome. I look forward to seeing you in Rome.
- Eman
Always a pleasure having you with us, Suzie. Look forward.
- Surya Palli
Thank you so much for watching. Do share your thoughts in the comments below. Like, subscribe, follow Eman if you don't already and see you on the next one.
- Eman
[music]
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