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India’s Online Gaming Sector Faces Rising Money Laundering and Security Concerns

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 ...

Evolution Reports Q3 Revenue Growth Despite Cyber Attacks and Strike Disruptions

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 ...

 Scalable Live Dealer Technology Transforms Low-Margin Casino Games 

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 Unveils Auto Roulette Noir and Imperial with Advanced UI

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. ...

Exploring High-Potential Gaming Markets: Insights from GR8 Tech 

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 ...

Stake Teams Up with BetBlocker to Boost Responsible Gambling Initiatives

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 ...

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