A recent report by the Digital India Foundation (DIF) warns of significant financial and security threats in India’s burgeoning online gaming sector, underscoring the urgent need for regulatory measures to address money laundering and fraudulent activities. The report, titled Combating Money Laundering in the Online Gaming Ecosystem, points to vulnerabilities in the industry, particularly within illegal online betting platforms that exploit legal ...

Despite facing significant challenges in Q3 2024, including ongoing strike action in Georgia and cyber-attacks targeting its Asian operations, Evolution has reported a strong financial performance. The company’s net gaming revenue (NGR) for the quarter rose by 14.7% year-on-year to €519.4 million, with an even higher growth rate of 19% when measured in constant currency. Evolution’s live casino business continued to drive much of this success, wh ...

Low-revenue casino games have always played a unique role on the casino floor. They serve as an entry point for new players, drive foot traffic, and create a lively atmosphere that is essential for any casino’s energy. However, from a revenue optimization perspective, these games have long been problematic. Their low-profit margins make them difficult to justify when maximizing the casino floor’s revenue per square foot. Historically, ...

7Mojos is thrilled to announce the launch of its latest live casino games, Auto Roulette Noir and Auto Roulette Imperial. These new additions are set to elevate the live casino experience, offering players an immersive and cutting-edge gaming environment. Whether you’re a seasoned enthusiast or new to the world of live casino gaming, Noir and Imperial are designed to captivate and entertain. ...

Yeebet Live proudly presents its latest addition to the speed baccarat series: Super Speed Baccarat MB02. This new offering promises to elevate the live casino experience with its rapid gameplay and innovative features. Super Speed Baccarat MB02 is designed to provide fast-paced card excitement, challenging players to beat the odds and win big in just 14 seconds. ...

Alex Feshchenko, deputy CEO and CRO of sportsbook and iGaming provider GR8 Tech, envisions India, the Philippines, and South Korea as “high-potential” markets deserving deeper development. In an interview with AGB, Feshchenko highlights Asia as the world’s largest and fastest-growing market, drawing significant attention and investment from numerous companies. With its vast population base and steadily increasing per capita GDP, Asia ...

Industry experts warn that operators in India face a lack of “clarity” over gaming tax after the topic was left out of the country’s latest Goods & Services Tax (GST) council meeting. Indian gaming stakeholders had hoped the council would reconsider a 28% tax for online gambling, casino, and horse race betting, but the council did not address the issue during its session on June 22. ...

Crypto casino Stake has entered into a partnership with BetBlocker, a non-profit responsible gambling organization, to offer its customers the BetBlocker responsible gambling (RG) tool free of charge. This collaboration aims to enhance Stake’s player safeguarding measures and minimize gambling harm for its users. The BetBlocker tool, available through anonymous software, allows players to block access to a wide range of gambling websites. It ser ...

Experts at Blask, a leading iGaming analytical toolkit, have observed significant changes in the Indian iGaming industry following the conclusion of the 2024 Indian Premier League (IPL). Their findings highlight market share shifts and top betting brands’ emergence during the tournament. ...

A conducive ‘light-touch’ regulatory environment and robust support mechanisms should be established to allow India to emerge as a global gaming innovation hub, contributing significantly to the country’s economic and cultural growth, proposed the All India Gaming Federation (AIGF). Representing over 150 members in the online gaming sector, the AIGF recently submitted its proposals to the Telecom Regulatory Authority of India’s (TRAI) consu ...