Asia
Enhance Global Collaboration and Connectivity via E-Sports Competition: Perfect World CEO

Dr. Robert H. Xiao, CEO of Perfect World and Perfect World E-sports & its platform segment, attended and addressed the 2023 Global Esports Conference on July 28 in Shanghai. He emphasised that the acceptance of e-sports by global mainstream sporting events marks a new starting point, one that will bring long-term dividends and increased influence to the development of China’s e-sports industry.
The upcoming Hangzhou Asian Games, scheduled for September this year, has garnered significant attention from both domestic and international communities, playing a pivotal role in promoting e-sports culture and encouraging more people to participate in e-sports.
As a leading e-sports enterprise in China, Perfect World serves as the exclusive operator of DOTA 2 and CS:GO in the Chinese mainland. The company primarily focuses on product development, operations and professional event organisation. Since 2015, Perfect World has successfully hosted three DOTA2 Asia Championships and, in 2019, assisted in organising TI9 in Shanghai.
“In light of DOTA 2’s inclusion in the Asian Games, Perfect World has established a dedicated team to fully support and collaborate with the preparatory work of the Hangzhou Asian Games Organising Committee (HAGOC) and the General Administration of Sport of China,” said Dr. Xiao. He further stated that the company is committed to ensuring the smooth execution of e-sports events during the Asian Games and maximising the allure of e-sports.
Dr. Xiao outlined three major trends for the future development of the e-sports industry, taking advantage of the opportunity presented by the Asian Games: standardisation in competitions, industrialisation in sports and market popularisation.
E-sports has evolved into a digital sports industry that integrates technology, competition, entertainment and social interaction. The Asian Games have set a new blueprint for the globalisation of China’s e-sports industry while simultaneously presenting fresh challenges for its high-quality and sustainable growth.
To address these challenges, Dr. Xiao highlighted four key areas for China’s e-sports to focus on in the future. First, incorporating digital technologies such as AR/VR and AIGC in events to enhance the user experience. Second, promoting global cultural integration. Third, fostering global cooperation to synergise with partners worldwide. And fourth, nurturing e-sports talents with a global perspective through deep collaborations with institutes worldwide.
Looking ahead, Perfect World is committed to promoting the high-quality development of core events, strengthening the ecological construction of e-sports, leveraging the influence of leading e-sports IP, exploring innovative consumer business models in e-sports and accentuating the value of global integration in the industry’s next phase of development.
Asia
Macau Government Extends Lottery Concession of Macau Slot Until 5 June 2026

The Macau government has extended the lottery concession of Macau Slot Co Ltd for one year until 5 June 2026.
The concession renewal was published in the official gazette on Wednesday. Further extensions may be granted, subject to mutual agreement between the Macau government and Macau Slot.
As part of the renewal terms, Macau Slot is required to gradually reduce its number of non-resident employees and actively collaborate with the government to recruit and retain local talent.
Earlier this month, the government held a meeting with Macau Slot representatives to discuss the extension. According to the Gaming Inspection and Coordination Bureau (DICJ), the city’s industry regulator, Macau Slot committed to cutting 35% of its non-local, non-skilled workforce—equivalent to 26 positions—by the first quarter of 2026. The company also pledged to make further reductions to its foreign labour quota in the future. Currently, non-local staff account for 15% of the total workforce at Macau Slot.
“Over the past year, despite fluctuations in the macroeconomic environment and slower economic recovery in neighbouring regions, the local economy has remained relatively stable under the guidance of the Macau SAR government’s policies,” Macau Slot said in a statement.
“Looking ahead, we are committed to further diversifying our sports betting products to meet customer demand, while upgrading our information technology infrastructure to stay current and deliver more comprehensive sports betting services.”
The post Macau Government Extends Lottery Concession of Macau Slot Until 5 June 2026 appeared first on European Gaming Industry News.
Asia
QTech Games strengthens its elite suite with Bigpot Gaming

Emerging-markets leader expands its all-encompassing library with exciting new slots portfolio
The post QTech Games strengthens its elite suite with Bigpot Gaming appeared first on European Gaming Industry News.
Asia
Polemos Announces Partnership with Guinevere Capital

Polemos, a Web3 gaming infrastructure platform, has announced a strategic partnership with Guinevere Capital, a prominent esports and gaming investment firm known for its investments and advisory roles in projects such as GiantX, iTero, Perion, Skybox and various other projects across the industry. Guinevere Capital has established a strong reputation for its work across global Web2 gaming titles, including League of Legends, Valorant, Rocket League and many more. This partnership aims to leverage the combined expertise of Polemos.io and Guinevere Capital to enhance and further monetise audiences across publishers, infrastructure players, gaming companies, studios and platforms.
The collaboration will focus on integrating advanced asset management and engagement tools from Polemos.io’s Forge platform with Guinevere Capital’s extensive network and experience in both Web2 and esports ecosystems. This will create new monetisation opportunities and improve player experiences by bridging traditional gaming with blockchain-enabled innovations.
Carl Wilgenbus, CEO of Polemos.io, said: “Partnering with Guinevere Capital marks a significant milestone in our mission to expand access to gaming rewards and unlock new revenue streams for the entire gaming industry. Together, we will empower publishers and studios to better engage their audiences and capitalize on the evolving landscape of gaming and esports.”
“Polemos has built an impressive piece of infrastructure that has plugged a huge gap in the gaming sector. We look forward to working with them to commercialise this,” said Dave Harris, a partner at Guinevere Capital.
Dave’s previous experience includes investing in and operating top teams and leagues in the Riot Games and Activision Blizzard ecosystems.
Guinevere Capital’s strategic involvement will accelerate the adoption of blockchain gaming infrastructure while supporting the growth of esports and gaming communities worldwide. This alliance underscores a shared vision to drive innovation, education and monetisation in the gaming sector by combining Web2’s reach with Web3’s potential.
The post Polemos Announces Partnership with Guinevere Capital appeared first on European Gaming Industry News.
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