While the legality of sports betting in India remains a question of debate, betting on online fantasy sports (OFS) has been the biggest growth area of the country’s online skill-based gaming industry.
It’s the one sector of online gaming in the country that hasn’t benefited yet from the extensive lockdowns, seeing a sharp downturn in activity as actual sports tournaments evaporated.
However, with the imminent return of the India Premier League cricket, fantasy sports are expected to bounce back with a vengeance. One illustration of just how far this nascent industry has come is the emergence of the largest player in the market, Dream 11, as the lead sponsor of the league, knocking off household names such as mobile company Vivo.
“Indian Premier League cricket is by far amongst the most popular sporting events in India,” says Ranjana Adhikari, Co-head of the Media Entertainment & Gaming Practice at Nishith Desai Associates. “The...
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Chan Weng Lin, also known as Levo Chan, has become the CEO of Macau Legend in addition to his role as co-chair of the board. He replaces Melinda Chan in the executive post.
The global tourism industry may begin to see some respite in 2021, with travel corridors beginning to emerge across Asia and the world starting from the second half of 2020.
The Macau government has added Shijiazhuang, the capital of Hebei province and Shenyang, the capital of Liaoning province, to the list of destinations on which a 14-day mandatory quarantine will be imposed.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
