Tag Archives: india

Indian watchdog urges members to adopt new standards on advertising real money games

The Advertising Standards Council of India (ASCI) has published its first set of guidelines on responsible advertising with regards to promoting ‘real-money gaming’. The non-governmental body has advised its members to exercise caution when promoting real money games, an advertising segment deemed to be high-risk by the watchdog.  ASIC maintains that its guidelines aim to develop a safe and coherent …

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Paytm First Games: Lockdown lift and post-IPL player engagement

Paytm - Virat Kohli of India (c) leads of his victorious team during Day Four of the Second Test of the 2019 International Series between India and South Africa at the Maharashtra Cricket Association Stadium in Pune, India on 12 October 2019. ©Gavin Barker/BackpagePix

Around 60% of the weekly fantasy sports winners on Paytm First Games (PFG) hail from smaller towns rather than metro cities, revealed the company’s COO Sudhanshu Gupta. “That’s the power of skill-based gaming which truly democratises the game,” he said. “One need not be from an affluent background or have any sort of training to win the game.” These comments …

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India’s Andhra Pradesh imposes blanket ban on online gambling

New measures have been put in place in the Indian state of Andhra Pradesh which impose a blanket ban on online gambling, targeting direct restrictions on online poker and rummy services. Perni Venkataramaiah, the state’s Minister of Transport, Information and PR, confirmed the news, stating that the Council of Ministers had agreed to amend the state’s 1974 Gaming Act to …

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Paytm First Games reveals two-tournament India esports launch

Paytm

Paytm First Games (PFG) has switched attention to the Indian esports market after launching separate online tournaments in partnership with the Esports Players League (ESPL) and Garena Partners. The dual announcement comes at a time when online gaming is picking up as a form of stay-at-home entertainment. The Indian public are currently living under government-imposed lockdown measures until 3 May …

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SBC’s Year In Review: March 2019’s big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world.  This third edition looks at March and more specifically at VAR, the relationship between betting sponsorship and football, sports betting in India, and the expected innovations for 2019. Joe Petyt, Sky Bet: Taking a step …

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Gaurav Assomull: Livepools – Fantasy numbers a realistic goal in India

Livepools

Growing player numbers from 300,000 to 10 million in just two-and-a-half years may seem like an impossible goal for any business, but as Gaurav Assomull of fantasy sports platform LivePools explains, conditions in India are right for exactly that kind of expansion. The continuing lack of regulated online gambling markets in all but two of India’s 36 states and union …

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Vereeni backs Indian DFS enterprise Nostragamus

Industry venture capital fund Vereeni Investments has confirmed a ‘seven-figure’ investment in fast-growth Indian fantasy sports app ‘Nostragamus’. Vereeni undertakes its enterprise investment in Nostragamus, participating in a funding round led by Mumbai-based investment bank Incorp Advisory. In its investment notes, Vereeni underlines Nostragamus popularity with Indian sports fans, which seen its app record +5 million downloads to date, whilst …

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AGTech eyes First Captains fantasy growth through Kabaddi

Kabaddi

AGTech has added new Kabaddi games to daily fantasy sports (DFS) site First Captains, which sits on the popular Paytm First Games platform. Formerly known as Gamepind, Paytm First Games is a gaming destination running as a joint venture (JV) between Paytm as operator and AGTech Holdings as the technical service and sports content provider. Charlie Zhang, Vice President of …

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Paytm targets number 1 fantasy sports status in India

Paytm

Having rebranded its gaming platform from Gamepind to FirstGames, parent company Paytm has set about delivering India’s number one fantasy sports destination. The fintech firm is also looking to raise $30 million to fund the continued expansion of the platform – a joint venture with AGTech Holdings Limited. Despite only launching in February 2018, it reached over 30 million users …

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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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