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Puducherry government urges blanket ban on online gambling

Puducherry government urges blanket ban on online gambling

The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
MPL raises US$90 million in new funding

MPL raises US$90 million in new funding

Mobile Premier League (MPL) has raised $90 million in new financing and plans expansion outside India.
New funding round values Dream Sports

New funding round values Dream Sports at US$2.5 billion

Dream Sports, the parent company of Dream11, has secured new funding worth $225 million, valuing the fantasy league company at $2.5 billion. 

Real money games in India “next big segment”

Real money games in India are the “next big segment” seeing compound average growth of 40 percent a year, according to a report from Bernstein Research.

Macau gaming tax revenue at 45.6% of budget through August

The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.

Ukrainian Gaming Week postponed to November

The Ukrainian Gaming Week 2020 has been postponed from October to Nov. 26-27 due to the extension of quarantine measures in the country.

Centara Hotels expands in Myanmar, eyes Mandalay casino

Centara Hotels & Resorts says it has signed three hotel management agreements for Myanmar, one of which will include a casino.

Star July gaming revenue at 80% of prior year; domestic investment bears fruit

Star Entertainment Group said its domestic gaming revenue in July reached 80 percent of the prior calendar year and that investment in its properties will enhance long-term growth potential.

SJM doesn’t expect revenue recovery in 2020

SJM Holdings said it doesn’t expect its revenues to return to their pre-crisis levels this year and at present it’s not possible to predict how long the Covid-19 pandemic will continue to affect its business.

IAGR concerned about growing convergence between gaming and gambling

The International Association of Gaming Regulators’ (IAGR) has issued a report flagging its concerns that the growing convergence between gaming and gambling is creating...

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Puducherry government urges blanket ban on online gambling

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The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
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