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Asia’s multi-billion dollar online gambling industry is an opportunity too big to ignore when it comes to the expansion plans of many global players, yet technical issues ranging from latency, through to security and payment systems can prove to be costly challenges for newcomers.
Mumbai-based Nazara Technologies is planning a series of acquisitions in particular in the real money gaming sector, the Economic Times of India reports.
Play Games24x7 Pvt. Ltd., the company that operates leading rummy website RummyCircle, will be launching a new real money betting website focused on international horse racing in the next few days, GLaws reports.
Online and land-based convergence, blockchain, and disruptive technologies are buzz words frequently deployed to describe the next best thing in gaming, though to date there are few practical examples of companies successfully challenging the existing order.
SKYCITY Entertainment CEO Graeme Stephens is optimistic about the group’s prospects, helped by expansion in Auckland, a planned venture into online gaming and a rebound in international VIPs, although analysts remain cautious.
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