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Asian news

Sportito launches fantasy platform in India

SBC News Sportito launches fantasy platform in India

Fantasy sports platform Sportito has bolstered its position in the Indian market after attracting over 500 registrations to its Sportito India platform in its first 2 hours of operation. The platform has attributed its recent uptake in followers to the  fantasy contest on the ICC Cricket World Cup, which has just started. While operating in the new market, Sportito India …

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Suren Khachatryan – Digitain: Staying positively demarcated from the competition is crucial

SBC News Suren Khachatryan - Digitain: Staying positively demarcated from the competition is crucial

Digitain CCO Suren Khachatryan takes a glance back at last week’s G2E Asia summit, and looks forward to what it will take to succeed in emerging Asian territories in the coming months and years given the ever changing igaming landscape. The 13th instalment of Global Gaming Expo (G2E) Asia took to Macau last week, welcoming over 200 exhibitors from around …

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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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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

SBC News 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

SBC News 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

SBC News 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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SIS extends partnership with Singapore Pools

SBC News 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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