Mainland China

The year 2024 may mark the first time esports is recognized as an Olympic Games medal event, says esports experts.

Chinese lottery supplier 500.com recorded a net loss of RMB 72.2 million ($10.9 million) in the third quarter of 2017, with the temporary suspension of online lottery sales continuing to weigh.

AGTech Holdings reported strong revenue growth for the third quarter of 2017, driven by its new Gaming and Entertainment division launched earlier this year.

Chinese tourists will soon find it near impossible to join domestic tours that involve gambling, sex or drugs under new regulations from the Chinese National Tourism Administration.

Lottery sales in Mainland China increased by 15.1 percent year-on-year to approximately RMB36.9 billion (US$5.6 billion) in September.

Mainland Chinese lottery supplier 500.com Ltd has announced the stepping down of its chairman, Mr. Lian Qi, effective November 1, 2017.

The Hainan government has put a temporary block on private investors registering companies in the online gambling business.

The rising cost of acquiring new online players is forcing operators in Asia to ramp up their customer relationship management (CRM) capabilities in a bid to build deeper bonds and gain more value from existing customers.

 

The rising cost of acquiring new online players is forcing operators in Asia to ramp up their customer relationship management (CRM) capabilities in a bid to build deeper bonds and gain more value from existing customers. In the past, limited competition and high volumes have provided little incentive for Asia facing operators to build a long-term clientele, but that is changing fast. 

 



This content is for members only. To continue reading

Join Now

Online betting solutions provider UltraPlay has agreed on a partnership deal to provide its eSports match predicting system – ODDS.gg to SunLoto, a licensed operator of the Chinese Welfare and Sports Lottery.

Localization is fast becoming a key battleground for online operators looking to expand across fast-growing Asian markets.

 

Localization is fast becoming a key battleground for online operators looking to expand across fast-growing Asian markets. While online gaming is still a long way from reaching maturity in Asia, consumers in the region’s grey markets are becoming more discerning and less likely to accept an English-only dot com website. Market leader bet365 now offers its website in 18 different languages, while SBOBET supports a range of Asian languages, including Chinese, Japanese, Korean, Thai, Indonesia, Burmese and Vietnamese.

 



This content is for members only. To continue reading

Join Now

Pages