Tag Archives: india

Asia betting markets are on Sportradar’s roadmap as the sportsbtech group looks to fulfill its global sports and gaming mandate, leadership asserts. Speculation of the regulatory opening of betting markets in Asian jurisdictions such as India and Thailand, have grabbed the attention of industry leaders. Sportradar is no different, according to its CEO and Co-Founder, Carsten Koerl. Addressing investors, Koerl …

Multiple Indian media outlets report that the government of Karnataka is evaluating whether to entirely legalise all online and land-based betting in the state. Reporters from the Hindustan Times, The Statesman and the Deccan Herald, among other outlets, were informed about the government’s plans today (9 April). Gangadharaiah Parameshwara, the state’s Home Minister, told media that the state is in …

Sports betting operators are constantly keeping their eyes on the sporting calendar for key events to capitalise on, and the past weekend brought a mammoth moment in global betting.  On Saturday, umpires called play on the first matches of the current year’s Indian Premier League, marking the beginning of “the biggest betting event of the year” according to GR8 Tech’s …

In line with growing concerns over offshore betting and gambling advertisements, the Advertising Standards Council of India (ASCI) has signed a new Memorandum of Understanding (MoU). The organisation has linked up with the Federation of Indian Fantasy Sports (FIFS), the All India Gaming Federation (AIGF) as well as the E-Gaming Federation (EGF) to establish a framework to address these challenges …

A new report by the Advertising Standards Council of India (ASCI) has revealed Instagram as the platform of choice for illegal operators to advertise their products to the local populace.   ASCI highlighted illegal offshore betting as a continuous “major concern” for the regulator, with a total of 890 ads being reported to the Ministry of Information & Broadcasting (MIB) – …

There’s more to India’s igaming market than meets the eye and challenging assumptions is the only way to build sustainable growth, says Already Media CEO Alina Famenok India might just be the fastest-moving, most complex market in igaming right now. Yet most of the analysis I see boils down to its large population and passion for cricket. This only tells …

Online gambling providers in India were once again left discouraged after the 54th Goods and Services Tax (GST) Council concluded with no changes made to the 28% GST levy.  The tax affects all player deposits made via online gambling, casino and horse racing. Before an increase was introduced by the government in October 2023, gambling businesses were required to pay …

The arrest and investigation of Pavel Valeryevich Durov, CEO of encrypted social media and messaging platform Telegram, has spiralled concerns related to the promotion of unlicensed crypto gambling websites.  Durov was arrested on the tarmac of a Paris airport this saturday by French authorities, largely due to concerns about moderation of illicit commerce and harmful content displayed on Telegram’s platform, …

Giorgi Aleksidze, CEO of igaming B2B platform provider VeliTech shares some essential insights into the rapidly-emerging Indian gaming sector. As you’ll read here, there are no shortcuts to a successful market entry – so be prepared.  SBC: You’ve engaged with the Indian sports betting and casino sectors via partnerships with BlueChip and, more recently, BraveRave with its BindasBet brand. What …

Flutter Entertainment Plc has opened its new ‘Global Capability Centre‘ in Hyderabad, India, to enhance tech and IT support for its global gambling portfolio. Located at RMZ Spire in Knowledge City, this office represents a $3.5 million investment, establishing a new hub of innovation and excellence in Hyderabad. The office covers 80,000 sq. ft across three floors and will employ …