Friday, March 29, 2024

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Crash Games at MegaPari: Skill or Luck?

MegaPari is a rapidly rising star in the casino world, poised to compete with well-established brands. With an impressive portfolio of slot games, the brand provides a wide range of options; however, crash games have become a particular favorite among its user base.

Skill-based gambling machines pose unique gambling addiction risks: study

People who play skill-based gambling machines (SGMs) have higher rates of gambling harm and problem gambling, a recent study by Central Queensland University shows.

Investors warn GST proposals to crush India’s online skill-games industry

A group of venture capital investors have written to India’s finance minister urging him not to implement a proposal that would impose a 28 percent Goods and Services Tax on total deposits instead of gross gambling revenue, which they say will significantly harm the skill-based industry's growth.
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Skill-based slots similar to when TITO took over coins. It’ll take time

Earlier this month, Asia Gaming Brief reached out to two skill-based slot manufacturers to understand what happened to skill-based slots after all the hype that surrounded them in 2019. In today’s Face-to-Face interview, Asia Gaming Brief editor Felix Ng further explores some of the issues raised in the article with Michael Darley, CEO of Next Gaming.

Where did skill-based slots go?

The skill-based slots market may have gone quiet over the last few years, but suppliers in the space tell us that they’re alive and kicking, and more confident about their future than ever before. 

Karnataka High Court strikes down government skill-based gambling ban

In another key victory for India’s skill-based gaming industry, the High Court in Karnataka has struck down an amended government law that sought to outlaw online gambling.

Bright future seen for India skill games

India will continue to be an attractive online gaming market for investors and AIGF’s Roland Landers expects to see more M&As in the sector as the regulatory landscape evolves. 

Nazara Technologies expands with the acquisition of skill-based OpenPlay

India's Nazara Technologies has bought Hyderabad skill-based gaming company OpenPlay for INR186.4 crores to expand in the country's fast-expanding industry.

Uttar Pradesh bill toughens gambling laws, but skill-games exempt

Uttar Pradesh's State Law Commission has recommended a new gaming bill that will impose tough penalties for online gambling, but unlike some other states, will make an exemption for skill-based games.

Regulatory hurdles and unclear legal framework hinder India’s gaming sector growth – Analyst

India's gaming industry holds immense promise, but navigating regulatory hurdles and addressing tax implications are critical for sustained growth, gaming consultant Sudhir Kalé said in an interview with AGB.