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Revenue generated from online fantasy sports in India is set to more than double from this year to 2025 as Covid drives growth in gaming, according to a report from KPMG.
Uttar Pradesh's State Law Commission has recommended a new gaming bill that will impose tough penalties for online gambling, but unlike some other states, will make an exemption for skill-based games.
In a major new study, the U.K. tops the league table when it comes to regulated betting markets, with India coming in last in the 20 jurisdictions under the spotlight.
Establishing a clear regulatory framework for India's eSports market would likely drive significant investment from venture capital funds, potentially eight to ten times the current levels, according to the All India Gaming Federation (AIGF).
Sega Sammy is seeing a patchy recovery in Asia’s markets, but says once social distancing measures are removed, there appears to be underlying pent-up demand. The company has been active with projects and product placements and is finding its stand-alone electronic table game product is highly suitable to the operating conditions imposed by Covid-19.
A $1.4 billion Chinese investment project, which will include a casino, now looks set to move ahead after its parliament passed a law to install an economic commission to run the development.