Online gaming in India is recording explosive growth, with the total number of gamers expected to hit 300 million by the end of next year, from just 120 million in 2016.
According to figures presented at ICE Totally Gaming in London by the All India Gaming Federation (AIGF), gross gambling revenue is estimated at about $565 million, with fantasy sports and rummy making up the largest share with $260 million and $230 million respectively.
Adda52.com, founded in 2011, has been at the forefront of popularizing online poker in India and is the country’s largest online poker and card-game site, with more than two million registered users. It is also a founding member of AIGF and a working committee member of the Skill Games Federation in AIGF and Internet & Mobile Association of India (IAMAI).
In August 2017, it was bought by Delta Corp, India’s only listed gaming operator.
Adda52.com CEO Naveen Goyal provided...
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Hong Kong police have arrested 16 people who were running a VIP gambling den, which was believed to have been turning over as much as HK$10 million ($1.28 million) a day.
According to a report in the South Korean media, Lotte Tour Development is targeting a March opening for its new casino in the recently-opened Jeju Dream Tower.
The Gaming Inspection and Coordination Bureau (DICJ) says its deputy director Leong Man Ion will step down from Jan. 7th at his own request. He will return to his prior position as a DICJ senior technical advisor.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
