Friday, September 18, 2020

Tag: Asia & Oceania

Demonetisation gaff could “kill off” Indian horse racing

Betting Business Indian Horse Racing
Removal of paper currency by Indian government could severely impact the country’s horse racing industry.   The Indian government’s decision to remove 80 percent of paper currency from circulation, virtually overnight, has caused havoc in almost every sphere of life over the last few months, but few have been hit harder than Indian horse racing. The Tote, the “backbone” of betting collectors...

Nagaland issues first Indian online gaming licences

Betting Business Nagaland
In India, the small northeastern state of Nagaland has begun licensing online poker operators with the first license going to K365 Web Assets and its domain at Khelo365.com, while operator Club Empire Tech Private Limited has also been issued with poker-only authorisation.   The fourth smallest state in India, Nagaland explained that the licences allow operators to offer their services to...

A gateway to India’s $44bn sports betting market?

Betting Business Indian Gaming Law
Indian gaming law has not changed for 150 years, yet momentum is now building for the pragmatic legalisation of sports betting in one of the largest untapped markets on the planet.   Moves are afoot for the legalisation of sports betting in India – a truly humungous market of 1.25bn people, with an estimated worth of more than $44bn. The momentum...

Kiron expands presence into the Caucasus

Betting Business Kiron Interactive
Virtual gaming outfit, Kiron Interactive, celebrates a seminal deal with central Asian operator Digitain.   Specialist virtual games developer, Kiron Interactive, has begun to establish its presence in the Eastern European and Central Asian markets by forming a distribution partnership with Armenia’s Digitain. Kiron currently has 15 virtual games in their portfolio, including virtual football, horse racing, greyhound racing, basketball, cycling and...

Slotegrator confirms deal with Habanero Systems

Betting Business Slotegrator Habanero Systems
Slotegrator signs new parternship deal with Habanero Systems to expand the company’s brand across the iGaming industry.   Slotegrator has announced a new partnership agreement with gambling software developer Habanero Systems (Asia). Explaining the significance of the deal, Slotegrator’s brand manager, Denis Dzyubenko, said: “The contract with Habanero Systems will help not only to expand its horizons, but also to bring joy to...

Macau SAR Government out in force to open 2016 MGS Entertainment Show

Betting Business MGS Entertainment Show Macau
MGS Entertainment Show 2016 opens its largest show yet with strong showing of support from both the Governments of the Central People’s Republic and Macau SAR. There was a show of strength from the Governments of the Central People’s Republic and Macau SAR at the opening day of the MGS Entertainment Show. Officials from both governments were out in force...

Ganapati PLC CEO to demystify Japanese gaming market at iGaming Education Forum

Betting Business Mitsuya Fujimoto, Ganapati PLC
The CEO of Japanese gaming and entertainment company Ganapati PLC has been confirmed as a speaker on Japan’s gaming market at next week’s iGaming Education Forum.   Mr Mitsuya Fujimoto, CEO of Ganapati PLC - a group of international game studios, media platforms and production companies - will be bringing his expertise and passion for the Japanese gaming market to the...

BetConstruct opens new office in Asia to provide localised support

Betting Business Betconstruct Taiwan
BetConstruct opens new office in Asia to provide localised support for partners in the region.   BetConstruct, has moved closer to its customer base in Asia opening a new office in Taichung, Taiwan. Lichun Hsiao, Head of the BC regional office in Asia, stated: “We have comprehensive gaming products and services, 24/7 technical support and all-embracing marketing tools, which means our partners in the region...

Chun finds inspiration: is the door opening for igaming and sportsbetting?

Betting Business Jay Chun MGS
Jay Chun, MD of Paradise Entertainment and LT Game, and Chairman of trade body the Macau Gaming Equipment and Manufacturers Association, is one of the leading luminaries of the Chinese gaming and entertainment industry. Described by many as ‘the voice of the Macau industry’, Chun has a unique and holistic perspective on the international marketplace. He has pioneered new technology...

“We’ll triple it.” South Korean developer ups bid for Vietnam racetrack

Betting Business Vietnam Racetrack
Whilst Hanoi still drags its heels over legalising commercial gambling in Vietnam, one South Korean company is trying to win over detractors by massively increasing its investment pledge towards a racetrack venture near the capital.   A South Korean developer has announced that it will nearly triple its initial investment bid if it is allowed to build a racetrack in the...

Ladbrokes Australia moves Cherry to chief exec

Betting Business Ladbrokes Australia Cherry
As Dean Shannon steps away for the helm, the division’s long serving COO Paul Cherry moves to replace his as chief executive   Ladbrokes Australia has announced that its chief operating officer Paul Cherry will replace company stalwart Dean Shannon (pictured) as the division’s chief executive. Shannon, who founded the Bookmaker website in Australia, which was then sold to Ladbrokes in 2013,...

Mediatech Solutions and Global Gaming Network agree Cambodian partnership

Betting Business Mediatech Cambodia
Omni-channel gaming platform provider Mediatech Solutions has agreed a deal with Global Gaming Network to explore opportunities in the fast-emerging Cambodian market.   The agreement will see Mediatech lend its omni-channel expertise to a number of projects within Cambodia’s regulated gaming market. “We are delighted to have entered an agreement with Global Gaming Network to explore a number of projects in Cambodia,”...

Thai government drafts plans for online lottery

Thailand Lottery
Thailand’s finance ministry is reported to be ‘fine-tuning’ the details of a bill to establish regulation for an online lottery.   A report by state media outlet Thai PBS suggests that the new bill will allow the Government Lottery Office to introduce new products beyond the traditional paper lottery tickets. Among these products will be online lottery tickets, available for sale...

China’s illegal football gambling market surges during Euro 2016

Betting Business, China, football gambling, Euro 2016
The 2016 European Football Championship has sparked major betting craze across China as thousands of Chinese football fans bet on the games using unregulated online sites.   Chinese authorities have been cracking down on gambling activities with 543 people arrested and more than £11m seized from betting syndicates during the tournament. Raids to uncover illegal gambling have been taking place across...

MGS survey signals increasing Chinese interest in global market

MGS Entertainment Show Survey
The MGS Entertainment Show - Creativity & Innovation (MGS), the fastest growing exhibition on the international gaming calendar, has reported a stronger commitment to the event from the mainland Chinese buying sector and a growing interest in the internationalisation on the showfloor, according to the findings of its 2015 Survey.   The MGS annual indicator showed that as many as 58%...

IAGR teams up with IMGL for Sydney Conference

Sydney Conference IAGR
The International Association of Gaming Regulators (IAGR) has announced that its 2016 Annual Conference will take place in Sydney, Australia between October 31 and November 3, 2016. The event will explore issues affecting gaming regulators, policymakers and industry executives in gambling markets around the world. The conference will focus on challenges faced by regulators as they seek to improve the...

Paradise installs 70 LGMs at Macau’s Casino Diamond

Macau LT Game Paradise
Paradise Entertainment has expanded its ETG footprint once again in Asia’s casino capital, with a 70- unit deployment at the Casino Diamond.   Hong Kong-listed electronic table game (ETG) manufacturer Paradise Entertainment has announced an installation of 70 of its Live Multi Game (LMG) terminals (pictured) at a gaming venue on the Macau Peninsular. Paradise, which trades under its slot machine brand...

Macau stocks higher after April revenue tops estimates

Macau Gaming Inspection Coordination Bureau
A number of casino stocks rose at the beginning of May, as Macau’s Gaming Inspection and Coordination Bureau posted better-than-expected revenue declines. Gross gaming revenues for Macau dropped 9.5 per cent to MOP17.3bn (E1.9bn) in April, marking the 23rd consecutive monthly decline for the world’s largest gambling hub. Yet while the latest figures from Macau’s Gaming Inspection and Coordination Bureau...

Australia strengthens ban on online in-play sports betting

Australia ban online in-play
Following a review of Australia’s outdated online betting laws, the government has decided to crack down on online in-play betting and ban credit betting.   The Australian government strengthened a ban on online in-play sports betting and moved to ban credit betting on 28 April in a response to an industry review by former NSW premier Barry O’Farrell. This follows calls for...

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