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Your Daily Asia Gaming eBrief: Laos regulating online gaming

Laos has taken the first steps in regulating its online gambling industry, awarding a license to the Laos Offshore Gambling Authority, a private company that will oversee the business.

Bloomberry chairman has high hopes for online gaming business

Bloomberry Resorts Corp. chairman Enrique Razon has high hopes for the company’s online gaming business and is expecting revenue to continue to pick up as the company grows the business. 

India considers bill aimed at governing online gaming

The Indian government is reportedly considering a private members bill that aims to introduce a regulatory regime for online gaming and curb illegal operators, though the bill has already been met with resistance. 

Okada Manila posts gaming uptick in 1Q21, launches online gaming

Tiger Resort, Leisure & Entertainment (TRLE), which operates the Okada Manila, posted a 17.6 percent surge in gross gaming revenue in 1Q22, reaching P6 billion (US$115.7 million).

AIGF urges states to take proactive approach to online gaming regulation

The All India Gaming Federation (AIGF) has called on states to take a proactive approach to develop robust policy frameworks for the online gaming industry

Aristocrat Mitchell Bowen to head new Real Money online gaming unit

Aristocrat said it’s forming a new business division, which will be headed by Mitchell Bowen, to accelerate its plans to develop real money online gaming.
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Rise in online gaming throws spotlight on regulatory models [video]

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 eyes IPO for online gaming, reports Dec. quarter revenue jump

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.

Online gaming more exposed to cyber threats than ever before

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.

AIGF says Karnataka online gaming ban hurt rising sector

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. 

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