The Indian online gaming market has the potential to reach 500 million gamers by 2025 and surpass China and the U.S., although proper regulation is needed, according to Roland Landers of the All India Gaming Federation.
Montieth Illingworth, chief executive officer, and global managing partner at Montieth and Company catches up with Asia Gaming Brief editor Felix Ng on what companies need to start doing as the pandemic starts to move behind us.
Australia-listed Donaco International is starting 2021 on a positive note, finally settling its legal issues and saying it is now positioned for future growth.
Investment in India's online gaming sector gained 78 percent to $173 million in calendar year 2020, according to Tracxn Technologies.
Aristocrat Leisure has announced its financial results for the year ended September 30, 2020, noting that its normalized profit after tax and before amortisation of acquired intangibles (NPATA) came in at A$476.6 million (US$348 million), representing a decrease of 46.7 percent.
Regional casinos in the Philippines are likely to resume their outperformance once the global pandemic eases as infrastructure improves and major projects come online.
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 are the “next big segment” seeing compound average growth of 40 percent a year, according to a report from Bernstein Research.
The current surge in eSports viewership and betting is unlikely to be sustainable once sporting events return to normal post the Covid-19 pandemic, according to leading industry figures participating in Asia Gaming Brief’s recent webinar.
With Asia’s sportsbook operators scrambling for solutions as the global sports calendar remains in lockdown, one often forgotten vertical is back in the limelight.