The Philippines has chosen to allow online gaming at home to recoup lost revenue from its casinos as a result of Covid and as the crisis drags on more countries around the globe are expected to follow suit. However, that's going to increasingly throw the spotlight on how to regulate the industry.
Delta Corp, India’s largest gaming and hospitality company, reported revenue more than doubled in the quarter to end December and confirmed it's eyeing an initial public offering for its online gambing unit.
Felix Ng -
The pandemic has created a perfect environment for cybercriminals to flourish, with more employees forced to work from remote unsecured networks access points, cybercriminals getting smarter, and more accessible and flexible payment channels for them to be compensated than ever before.
Felix Ng -
The Karnataka government’s moves to ban online gambling has drawn the ire of the All-India Gaming Federation, who says that the move will remove the state’s standing of being a tech-hub and start-up capital.
Indiatech.org has recommended to the government that General Sales Tax should be charged at 18 percent of the platform fee for skill-based gaming companies.
Sports betting giant DraftKings is acquiring Golden Nugget Online Gaming in an all-stock deal worth $1.56 billion.
The Madras High Court has struck down a ban imposed by the Tamil Nadu government on online games of skill, marking another key step for the industry in India.
Highest levels of India government mulling whether a central regulatory framework is needed for online gaming.
Calvin Ayre, head of Ayre Group and CoinGeek has a strong belief that online gaming operators will drive the transition to blockchain, with Bitcoin SV at the forefront.