While the legality of sports betting in India remains a question of debate, betting on online fantasy sports (OFS) has been the biggest growth area of the country’s online skill-based gaming industry.
It’s the one sector of online gaming in the country that hasn’t benefited yet from the extensive lockdowns, seeing a sharp downturn in activity as actual sports tournaments evaporated.
However, with the imminent return of the India Premier League cricket, fantasy sports are expected to bounce back with a vengeance. One illustration of just how far this nascent industry has come is the emergence of the largest player in the market, Dream 11, as the lead sponsor of the league, knocking off household names such as mobile company Vivo.
“Indian Premier League cricket is by far amongst the most popular sporting events in India,” says Ranjana Adhikari, Co-head of the Media Entertainment & Gaming Practice at Nishith Desai Associates. “The...
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.
Four workers from Mainland China threatened to jump from a building under construction as part of Galaxy Entertainment's Phase 3 & 4 expansion project due to a labour dispute. The Fire Department persuaded the workers to descend and no one was hurt in the incident.
Tomakomai Mayor Hirofumi Iwakura is stepping up his pressure on Hokkaido Governor Naomichi Suzuki to get behind the city’s desire to bid for an IR license. Iwakura has reiterated that the nine month delay in the national timeline should make a bid feasible.
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.