Asia

Richard Mifsud, Helio Gaming: The lottery cross-sell opportunity for sports betting operators

Helio

Malta-based lottery provider Helio Gaming is gearing up for another busy period after a hectic first quarter in 2019. SBC caught up with CEO Richard Mifsud (pictured) to see what’s happening in the world of lotteries, and how other operators are getting in on the act. SBC: Can you give us a quick summary of where the world of lotteries is …

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Gamepind launches cricket-focused fantasy product

Copyright: flynt / 123RF Stock Photo

Gamepind, a joint venture between AGTech Holdings Limited and One97 Communications Limited (Paytm), has strengthened its fantasy sports offering through the launch of Gamepind Fantasy sports. The fantasy sports platform is set to have a focus upon cricket, which is currently the most followed and popular sport in India.     Charlie Zhang, Director at Gamepind Entertainment Private Limited, commented: “AGTech …

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Unique gaming solution to drive “significant global expansion” for Finunion

Finunion

Finunion has targeted market share in Europe, Asia, LatAm and Africa after the successful deployment of its proprietary software for the Finbet brand. Founded in 2015, the company is ready to take its unique gaming solution to markets across the globe. It already provides a turnkey solution for both Finbet.kz – a multichannel brand for the Kazakhstan market – and …

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Betinvest: Tailoring the iFrame solution for Asian operators

iFrame

Betinvest has taken a leap into the world of esports through its industry-first customisable iFrame solution. Vitalii Humeniuk, the firm’s esports development manager, and Valentyn Kyrylenko, VP of Business Development, spoke to SBC News about the development of its solution and why it is such a good fit for Asian market operators. SBC: Hi Valentyn, can you outline the key …

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Indian DFS scene faces GST tax conundrum

Indian business news sources have reported that the nation’s tax authorities are revising how to charge a ‘goods and services tax (GST)’ on the burgeoning Indian daily fantasy sports (DFS) industry. State level tax authorities are said to be reviewing whether to charge DFS operators on GST applicable to net commission earned from DFS games and prize pools, or whether …

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Tech eyes monitor Douyu IPO ambitions

Tech analysts are monitoring the movements of Chinese live streaming platform ‘Douyu’ closely, as the company files for a listing on the New York Stock Exchange this April. Branded as ‘China’s answer to Twitch.Tv’, the popular live streaming platform owned by Amazon, in its SEC submitted prospectus Douyu’s executive team seeks to raise $500 million from its New York IPO. …

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Dream11 valued at $1bn after recent Steadview investment

Indian fantasy sports gaming platform Dream11 has become the first gaming company in India to join the exclusive ‘unicorn club’, after Hong Kong-based Steadview Capital bought an undisclosed stake in the startup, valuing the company at over $1bn. Investment from Chinese online gaming giant Tencent, along with others, also resulted in a $100 million funding round which significantly helped the …

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Japan gives the go ahead for new gambling resorts

Japan’s Prime Minister Shinzo Abe has given the green light to approve new gambling resorts across the country, with hopes to open the first resort in Osaka by 2024. The government approved the opening of casinos in 2016, followed by the approval of another bill which would pave the way for the legalisation of integrated resorts. It is hoped that …

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SIS extends partnership with Singapore Pools

Racing content and sports data provider SIS (Sports Information Services) has extended its agreement with the Singapore Pools (Private) Limited by two years, which will see the provider become the distributor of live pictures and data from the Singapore Racecourse in Kranji, Singapore. As part of the new deal, the data provider will showcase 800 races from the Kranji course, …

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Japan calls for facial recognition across licensed gambling premises

Officials in Japan have called for facial recognition systems to be installed at pachinko parlours, boat and horse racing venues across the country in a bid to clamp down on problem gambling. Legislators hope that the idea behind rolling out the technology will help refuse entry to both under-aged gamblers, which is under the age of 20 in Japan, and …

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