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Innovation redefining Asia’s online gaming and sports betting industry

Trends emerged from the global pandemic are redefining Asia’s online and sports betting. New customer preferences and product innovation are leading the industry’s rebound as more jurisdictions look to regulate, the ASEAN 2022 online stakeholders panel shared.

Regulated online gaming to account for more than half of total online GGR in five years: Spectrum

Spectrum Gaming Group expects that within five years the ratio of jurisdictional online gaming will increase to about 2/3rds of all online gaming. The forecast was shared at the ASEAN Gaming Summit 2022 by Spectrum's managing director, Fredric Gushin, in his presentation on “Asia’s future online licensing landscape.” 

Your Daily Asia Gaming eBrief: Laos regulating online gaming

Laos has taken the first steps in regulating its online gambling industry, awarding a license to the Laos Offshore Gambling Authority, a private company that will oversee the business.

Bloomberry chairman has high hopes for online gaming business

Bloomberry Resorts Corp. chairman Enrique Razon has high hopes for the company’s online gaming business and is expecting revenue to continue to pick up as the company grows the business. 

India considers bill aimed at governing online gaming

The Indian government is reportedly considering a private members bill that aims to introduce a regulatory regime for online gaming and curb illegal operators, though the bill has already been met with resistance. 

Okada Manila posts gaming uptick in 1Q21, launches online gaming

Tiger Resort, Leisure & Entertainment (TRLE), which operates the Okada Manila, posted a 17.6 percent surge in gross gaming revenue in 1Q22, reaching P6 billion (US$115.7 million).

AIGF urges states to take proactive approach to online gaming regulation

The All India Gaming Federation (AIGF) has called on states to take a proactive approach to develop robust policy frameworks for the online gaming industry

Aristocrat Mitchell Bowen to head new Real Money online gaming unit

Aristocrat said it’s forming a new business division, which will be headed by Mitchell Bowen, to accelerate its plans to develop real money online gaming.

Rise in online gaming throws spotlight on regulatory models [video]

The Philippines has chosen to allow online gaming at home to recoup lost revenue from its casinos as a result of Covid and as the crisis drags on more countries around the globe are expected to follow suit. However, that's going to increasingly throw the spotlight on how to regulate the industry.

Delta eyes IPO for online gaming, reports Dec. quarter revenue jump

Delta Corp, India’s largest gaming and hospitality company, reported revenue more than doubled in the quarter to end December and confirmed it's eyeing an initial public offering for its online gambing unit.