Asia
Indian Esports stakeholders reflect on historic year for video-gaming industry; share outlook for upcoming year
A groundbreaking year for Indian Esports, marked by participation in the Asian Games 2022, witnessed global triumphs, mainstream recognition, and brand investments, laying the foundations for a successful 2024
The year 2023 has been defined by a multitude of key events and accomplishments for Indian Esports. The ‘Leveling up: State of India Gaming FY’23’ report by Lumikai in collaboration with Google states that India was home to 568 Mn gamers in FY23. The country’s gaming market hit $3.1 Bn in FY23 and is projected to reach $7.5 Bn by FY28, growing at a CAGR of 20%.
The Indian contingent’s participation in the Asian Games 2022, where Esports debuted as an official medal sport, and the remarkable fifth-place finish secured by the League of Legends team emerged as the year’s crowning achievement that showcased the nation’s Esports prowess on the international stage. S8UL, India’s premier Esports organization, added to this triumph by winning the first-ever ‘Global Impact on Mobile Gaming’ at the MOBIES Awards as well as the ‘Content Creator of the Year’ award at the global Esports Awards 2023.
Mr. Animesh Agarwal aka 8Bit Thug, Founder and CEO of 8Bit Creatives and S8UL, reflected on these milestones, stating, “The recognition on the global stage including our country’s talented contingent competing at the Asian Games 2022 and S8UL achieving unprecedented success elevated the industry’s status. The stigma surrounding gaming as a career choice has dissipated, opening new opportunities for aspiring gamers and legitimizing Esports as a viable and respected profession.”
The year also witnessed a transformative influx of brands into the Esports ecosystem, with notable examples such as IQOO SOUL’s historic title sponsorship with Team SOUL. Mr. Animesh Agarwal highlighted the significance, saying, “The increasing involvement of non-endemic brands, their entry into the gaming space, and the rise of official tournaments have reshaped the industry’s landscape. IQOO SOUL’s title sponsorship with IQOO highlights the expanding horizons of Esports sponsorships with brands across all domains. The influx of non-endemic brands brings both financial support and broader visibility to gaming creators, organizations, tournaments, and other Esports events.”
The amendments made to the Information and Technology (IT) Act by the Indian government played a pivotal role in distinguishing Esports from real money gaming (RMG). This recognition provided legitimacy to the sector, leading to increased sponsorships and investments.
States like Madhya Pradesh, Bihar, and Uttar Pradesh have also taken proactive steps, with initiatives such as the country’s first esports academy and tournaments. Educational institutions have also embraced Esports with the inclusion of Esports in the curriculum.
Sharing his thoughts on these developments, Mr. Lokesh Suji, Director of Esports Federation of India (ESFI) and Vice-President of Asian Esports Federation (AESF) commented, “The future of Esports is exceptionally bright in India. Through the consistent efforts of ESFI, the Indian government officially recognized Esports as a multi-sport event and categorized it under the Ministry of Youth Affairs and Sports in December 2022. Beyond official recognition, infrastructure development is a critical factor for the sustained growth of the Esports industry. The initiatives by our government and numerous states have laid the groundwork for potential financial backing and infrastructure growth in the coming years. Esports now proudly stands alongside the traditional sports of the country, attracting more players and sponsors to the industry.”
After its temporary hiatus, the triumphant return of Battlegrounds Mobile India (BGMI) this year was an instrumental factor for the Indian Esports industry. Emphasizing the resilience and growth, Mr. Rohit Agarwal, Founder & Director, Alpha Zegus noted, “Content solutions have been our top priority in 2023, and it has been an incredible year for us. Titles like BGMI had a comeback that boosted the Esports industry by more than 4x factor, while publishers like RIOT took serious efforts and made massive investments into the Indian gaming space. In numbers, we generated more than 400 pieces of quality content for our partners and saw a 300% growth in content solutions as compared to 2022. In 2024, our efforts are going to continue towards content solutions and experiential marketing, expanding our base to different regions, and bringing more quality to our work.”
As Esports continues its ascent as a global phenomenon, the inaugural Esports World Cup 2024 and the entry of streaming giants like Netflix and YouTube into gaming signal a revolutionary shift for Indian esports in the upcoming year. The convergence of these factors coupled with other trends promises a dynamic and transformative year ahead.
Asia
Kazakhstan Orders Telecom Providers to Block Illegal Online Casino Payments via Mobile Balances
Kazakhstan authorities have moved to tighten controls on illegal online gambling payments after uncovering schemes that use mobile phone balances to fund unlicensed casino activity.
The Financial Monitoring Agency (FMA) issued instructions to telecom providers to strengthen monitoring and introduce systems to detect and block suspicious transactions.
According to the FMA, mobile operators including Tele2, Altel, Beeline, Kcell and Activ were called to a working meeting where regulators demonstrated how illicit payment flows to online casinos are being processed.
To verify the issue, the FMA carried out test purchases across 10 illegal online casino websites using services from all major mobile operators. The tests confirmed that payments via mobile balances were possible.
The agency stated that the goal is to cut off financial access to illegal operators and reduce public exposure to unregulated platforms. Further enforcement actions are expected as monitoring continues.
Meanwhile, Kazakhstan is preparing to significantly tighten rules on the promotion of illegal gambling. A group of senators is advancing an initiative to introduce criminal penalties for influencers who advertise online casinos and organise “giveaways.”
In related developments, a Kazakhstani influencer has recently been arrested in Vietnam on suspicion of running an illegal gambling operation.
Furthermore, the country is also restricting citizens’ access to legal gambling options, indicating a broader anti-gambling stance towards locals while still pursuing gambling tourism.
Lawmakers introduced rules restricting access to casinos, slot machine halls and betting venues in several regions to foreign nationals only. The changes will take effect on 17 May.
In March, President Tokayev signed a law establishing four new gambling zones for foreigners in the country.
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Asia
IGT Presents Powerful Combination of Gaming and FinTech Solutions at G2E Asia 2026
IGT has announced that it will present a dynamic portfolio of market-attuned gaming and financial technology (FinTech) solutions at G2E Asia 2026, May 12-14 at The Venetian Macao. Under the theme “TOGETHER – Built to Win,” IGT will showcase its momentum in multi-level progressive (MLP) linked content and its unique position to drive operator value through the combination of Everi,s FinTech product and the widely adopted IGT ADVANTAGE casino management system (CMS).
“As the region’s largest gaming technology showcase, G2E Asia 2026 is an opportunity for IGT to demonstrate how combining IGT systems product and Everi’s FinTech product can introduce incremental value to our customers in Asia and enhance the player journey. We will also present a localized portfolio of proven IGT games such as Rising Rockets, Money Gong and Cash Cove that reflect our focus on delivering high-performing content and helping our customers in the region diversify their gaming floors,” said Hector Fernandez, CEO of IGT.
Highlights within IGT’s G2E Asia showcase in stand #A801 will include:
Market-attuned linked MLP games: G2E Asia will be a showcase for IGT’s global MLP sensations Money Gong Link and new Rising Rockets base-game themes, Prince and Princess. Both titles will be demonstrated on the PeakCurve49 cabinet, along with the brand extension Cash Cove Lucky Catch Trio and the Asia-targeted three-pot game, San Xing Gao Zhao Link. G2E Asia will also be the global debut for the Firework Link game on the PeakDual27 cabinet. This explosively fun linked MLP includes two base game themes with distinctive math models, inventive mechanics and multiple, scalable bonuses.
Versatile cash-handling and promotional technologies: Everi cash-handling technologies and jackpot processing tools that are designed to seamlessly integrate with multiple CMSs will be a centerpiece of IGT’s G2E Asia showcase. The award-winning Everi Premium Cash Redemption Terminal (CRT) and the Everi Mini CRT bring friction-free transactions to the gaming floor and introduce convenient tap functionality. IGT will also exhibit Everi QuickDraw, a groundbreaking cloud-based promotional drawing tool, and Everi Jackpot Xpress, a module for tracking and efficiently paying out jackpot winnings that is customizable to meet individual property processes and procedures.
Next-generation systems architecture with IGT ADVANTAGE X: the Company will demonstrate how the IGT ADVANTAGE X CMS can drive operator value and player convenience throughout Asia. IGT’s Systems team will highlight IGT ADVANTAGE X’s new bus-based system architecture that helps improve network speed, stability, connectivity and uptime. This CMS enhancement allows data to quickly transfer to or from the gaming floor, enabling seamless system-wide upgrades, content downloads, service window content and more.
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Asia
NOVOMATIC to Debut New Linked Progressive Innovations and Expanded Portfolio at G2E Asia 2026
NOVOMATIC is going to showcase a comprehensive portfolio of next-generation gaming solutions at G2E Asia 2026, highlighting its strong commitment to the Asian market and reinforcing its role as a trusted technology partner across the region. At booth A518B, the company will showcase a powerful mix of linked progressive innovations, advanced ETG solutions, new game content and region-specific offerings – supported by the presence of its extensive network of Asian distribution partners.
In line with its commitment to product excellence, NOVOMATIC will also present a selection of its latest award-winning innovations, recently recognised at the prestigious European Casino Awards. Taking center stage is the DIAMOND X QUATTRO 1.55J, awarded Best Slot Machine. This flagship cabinet combines a striking 55-inch J-curved display with a refined glass touch deck and a powerful high-performance sound system, delivering an immersive and premium player experience.
A key highlight of this year’s exhibition is the first-ever presentation of VISION LINK in Asia. NOVOMATIC’s latest multi-feature linked progressive concept combines five-pot mechanics, modern gameplay design and the popular LOCK&SPIN feature to deliver a highly engaging player experience. Its compatibility with the proven XTENSION LINK series enables scalable configurations and strong performance across premium gaming floors.
Further strengthening the progressive portfolio, XTENSION LINK Volume 5 will be introduced as the newest addition to one of the industry’s most successful linked progressive families. Featuring 12 games inspired by classic fruit themes and iconic NOVOMATIC titles, it blends nostalgic appeal with modern presentation and proven features such as Golden Spins.
Also on display, Impera PROLINK 2 delivers a high-impact jackpot experience, combining well-known classics with new game content and advanced mechanics such as Chain Reaction, Super Collect and Extended Reels within a dynamic three-pot setup.
A major focus will also be placed on the award-winning Novo Unity Pro ETG platform, which will be showcased with its latest feature upgrades, further expanding its flexibility, performance and player engagement capabilities. In addition, NOVOMATIC will present Novo Unity Pro as a stand-alone solution, offering operators even greater versatility in deploying high-quality ETG experiences tailored to individual floor requirements.
Complementing the core portfolio, visitors can explore new live-game solutions as well as the latest game highlights from APEX, further enriching the overall product mix. The showcase will also include dedicated solutions for the Philippine E-Gaming segment, underlining NOVOMATIC’s targeted approach to regional market requirements.
“G2E Asia is a key platform for us to demonstrate the strength and depth of our portfolio in one of the most dynamic gaming regions worldwide. With the Asian debut of VISION LINK, major enhancements to Novo Unity Pro and a broad range of tailored solutions, we are delivering exactly what our partners are looking for: innovation, flexibility and strong performance,” said Kenan Bajram, Deputy Director of Global Sales at NOVOMATIC AG.
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