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Nazara Technologies becomes first India gaming startup to file for IPO
Nazara Technologies, whose offerings include fantasy sports and real money quizzing, has become the first Indian gaming startup to apply for a stock market listing.
Macau VIP rises 55.7 percent sequentially in Q3
Macau’s VIP GGR in the third quarter of this year registered an increase of 55.7 percent in relation to the previous three months, according to data published by the Gaming Inspection and Coordination Bureau (DICJ).
Long-established testing
BMM is the longest established and most experienced private independent gaming certification lab in the world, providing professional technical and regulatory compliance services to the gaming industry since 1981.
Puducherry government urges blanket ban on online gambling
The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
MPL raises US$90 million in new funding
Mobile Premier League (MPL) has raised $90 million in new financing and plans expansion outside India.
New funding round values Dream Sports at US$2.5 billion
Dream Sports, the parent company of Dream11, has secured new funding worth $225 million, valuing the fantasy league company at $2.5 billion.
Real money games in India “next big segment”
Real money games in India are the “next big segment” seeing compound average growth of 40 percent a year, according to a report from Bernstein Research.
Macau gaming tax revenue at 45.6% of budget through August
The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.
Ukrainian Gaming Week postponed to November
The Ukrainian Gaming Week 2020 has been postponed from October to Nov. 26-27 due to the extension of quarantine measures in the country.
Centara Hotels expands in Myanmar, eyes Mandalay casino
Centara Hotels & Resorts says it has signed three hotel management agreements for Myanmar, one of which will include a casino.