Asia

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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6 of the Best – Abelson Odds’ Jeevan Jeyaratnam

Blonk 6OTB

This week’s 6 of the Best comes from Jeevan Jeyaratnam, Head of Compilation at Abelson Odds, who is to speak at the sixth annual Betting on Football, being held at Stamford Bridge later this month. Continue reading to discover a European footballing atmosphere which “has to be experienced,” a nearly moment in the Chinese Super League and a huge musical dilemma. Best Album  Really hard to …

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Joe Saumarez Smith: Bede Gaming – “legalising and taxing sports betting is the only way forward” for India

With India on the brink of legalising sports betting, and a number of other countries around the world also mulling the idea, this year’s Betting on Football will be hosting a track focused upon the Global Markets that are considering liberalisation as well as looking at those that have legalised recently. One of the panel discussions on the track that …

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12Bet strengthens ITTF partnership

The ITTF (International Table Tennis Federation) has confirmed 12BET as its official international betting partner for the biggest Table Tennis event of the year: the Liebherr 2019 ITTF World Championships, taking place between 21-28 April. The partnership will see digital and social media activations carried out during the World Championships, promoting the 12BET brand globally, placing a specific emphasis on …

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