Asia
Nazara delivers 30% YOY revenue growth & 700% YOY increase in EBITDA in H1FY22
Nazara Technologies Limited an India based, diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, announced its un-audited Standalone and Consolidated results for the quarter and half year ended 30th September 2021.
As of September 30, 2021, Nazara has diverse business segments with revenue generation happening across gamified learning, Esports, freemium and telco subscription.
Key Consolidated Financial Highlights for H1FY22 are as follows:
- Operating Revenues grew by 30% YoY to Rs. 2,608 million
- EBITDA* stood at Rs. 496 million, growth of 700% YoY
- EBITDA* margins stood at 19.0% v/s 3.1% for H1FY21
- Delivered a PAT of Rs. 280 million vs loss of Rs. 83 million in H1FY21; PAT margin of 10.3%
- Recorded a positive Net Cash Flow from Operations of Rs. 489# million in H1FY22
# Cash flow from operations is excluding of payment of ₹ 496 million during the six months ended on 30 September 2021 for expenses incurred towards IPO of the Company. Amount collected from selling shareholders towards such IPO expenses were kept in a specific bank account as at 31 March 2021.
- Esports segment grew by 62% YoY to Rs. 1,030 Mn in H1FY22 over H1FY21
- Gamified Early Learning segment grew by 35% YoY to Rs. 1,059 Mn in H1FY22 over H1FY21
Commenting on the performance, Mr. Manish Agarwal, Group CEO, said,
“Nazara declared revenue of Rs.260.8 Cr and EBITDA of Rs.49.6 Cr H1 FY22. Revenue grew by 30% in H1 FY22 over H1 FY21 while EBITDA grew by 700% over the same period. We have built strong execution platform in the first half of the year and we expect to accelerate revenue growth further in the latter half on the back of strong tailwinds.
We expect our FY22 consolidated revenues to grow in the range of 35%-40% on YoY basis with EBITDA margins profile at 13% – 15%. The growth shall be supported by organic and inorganic activities.’’
Powered by WPeMatico
Asia
BetConstruct AI Arrives at G2E Asia 2025 in Manila
Reading Time: 2 minutes
After exhibiting at more than 30 events throughout the year, BetConstruct AI concludes its global calendar at G2E Asia 2025. The exhibition will take place from 10 to 11 December in Manila, Philippines, providing an important stage to present the company’s strategic vision, technological capability and integrated approach to one of Asia’s most influential industry gatherings.
As the Asian iGaming community converges in Manila, BetConstruct AI will welcome visitors at Stand N2-618 to explore an ecosystem designed for operators seeking direction, efficiency and long term growth. Attendees will encounter more than a standard product lineup. They will enter an environment shaped around intelligence, integration and practical value, demonstrating how a connected ecosystem tailored to the Asian market can strengthen performance across digital and retail operations.
As part of its participation at G2E Asia, the company will also highlight its limited-time commercial offer. Operators who sign new agreements on or before 15 January 2026 will receive a 50% reduction on setup fees, tools and services for one year. This initiative provides a more accessible starting point for those planning to expand, introduce new skins or develop their strategic roadmap for 2026.
Central to this environment are the established pillars of the company’s ecosystem, the Sportsbook and the Casino Suite. These pillars represent the depth, coverage, personalisation and consistent multi-channel performance required for reliable operational success. They serve as the entry point into a broader structure where player engagement, loyalty progression and operator creativity form essential components of sustained development.
Within this broader structure, The Last Battle presents a distinctive approach to progression and player value, turning loyalty into a dynamic, evolving experience. Land-Based Solutions extend intelligent capability into physical venues, supported by tools that modernise retail operations, while Loya strengthens player relationships inside every shop through a dedicated loyalty framework.
Affigates, presented separately within the ecosystem, offers an independent affiliate network prioritising reach, reliability and partnership within a trusted global framework.
Supporting every element of the ecosystem is the AI Suite, the analytical core that connects insight with action. CRM AI strengthens engagement through behavioural understanding.
Umbrella AI reinforces operational confidence by identifying potential risks early and supporting informed decisions. The AI Game Recommendation System elevates personalisation by matching each player with content aligned to their preferences. Together, these components form the intelligence framework that drives the entire BetConstruct AI environment.
The presence at G2E Asia reflects the company’s commitment to building technology that is adaptable, comprehensive and aligned with emerging opportunities across the region.
The post BetConstruct AI Arrives at G2E Asia 2025 in Manila appeared first on European Gaming Industry News.
Asia
S8UL Esports Secures iQOO as Title Sponsor for its Pokémon UNITE and MOBA Legends 5v5 Rosters
Reading Time: 3 minutes
S8UL Esports, a global name in esports and gaming content, has onboarded high-performance smartphone brand iQOO as the Title Sponsor for its Pokémon UNITE and MOBA Legends 5v5 rosters. With this strengthened alliance, iQOO deepens its commitment to supporting India’s top esports talent while S8UL further accelerates its multi-title expansion ahead of a landmark competitive season.
iQOO has supported the growth of Indian esports for several years, working closely with top teams and major tournaments. Its continued association with iQOO SOUL, one of India’s leading BGMI rosters, has contributed to the team’s strong performances, including its recent win at the Chennai Esports Global Championship 2025.
Extending this support to S8UL’s newly signed rosters, the brand will equip athletes with its powerful, gaming-optimized smartphones to enhance their training and tournament preparation. As part of the partnership, the iQOO logo will feature prominently on the front of the team jerseys, and both rosters will now compete under the names iQOO S8UL Pokémon UNITE and iQOO S8UL MOBA Legends 5v5.
“iQOO has been with S8UL for a long time, starting with our BGMI team, and their support has played an important role in our journey. Extending this partnership to our Pokémon UNITE and MOBA Legends 5v5 teams is a natural next step as we grow across more titles. Our focus at S8UL is to build strong, well-prepared rosters in every game we enter, and working with a partner like iQOO helps us give our players the tools they need to compete with confidence in India and internationally.,” said Animesh Agarwal, Co-founder and CEO of S8UL Esports.

S8UL’s Pokémon UNITE team, led by captain Manmohan Singh (AllMight) and comprising Rahul Sharad Lavhate (Kyurem), Deep Patel (Snowyy), Adnan Badshah (Badshahh), and Rudra Narayan Nayak (ReX), is widely regarded as the top roster in the South Asia region. The team has claimed three regional championships in the last three years and has consistently represented India on the international stage at the Pokémon UNITE World Championship.
The organization’s newly signed MOBA Legends 5v5 roster arrives with a wealth of experience and an impressive track record across India’s community-led tournaments. The team includes in-game leader Mohammad Saad (Apex), Abhijeet Katkar (Abhi), Mehta Jay (J), Chirag Singh (Radium), Debasish Sana (Anti) and Anush N (Fear). Apex notably competed at the MLBB Mid Season Cup 2024 at the Esports World Cup, which featured a staggering USD 3 million (approx. INR 26.7 crore) prize pool.
The enhanced partnership with iQOO comes at a time when S8UL is rapidly scaling its multi-title presence. Earlier this year, S8UL became the first and only Indian organisation selected for the prestigious Club Partner Program of the Esports World Cup 2025, placing it among the world’s elite esports organisations.
On the content front, the organization recently won the ‘Esports Content Group of the Year’ for the fourth time in a row, while Co-Founder Animesh “8Bit Thug” Agarwal earned the title of ‘Esports Personality of the Year’ at the Esports Awards 2025, underlining the organisation’s unmatched influence across both esports and creator ecosystems.
By bringing two high-potential rosters under the iQOO S8UL banner, the organisation reinforces its drive to build winning line-ups across every title it enters. The newly branded iQOO S8UL Pokémon UNITE roster will be the first to step into action, competing at the Pokémon UNITE Asia Champions League 2026 – India from November 29.
The post S8UL Esports Secures iQOO as Title Sponsor for its Pokémon UNITE and MOBA Legends 5v5 Rosters appeared first on European Gaming Industry News.
Asia
BetConstruct AI to Participate in SiGMA South Asia 2025
Reading Time: 2 minutes
BetConstruct AI is preparing for a strong presence at SiGMA South Asia 2025, taking place from 1 to 2 December in Colombo, Sri Lanka. At stand P11, the company will showcase its latest innovations.
“This event marks an important moment in our global journey, bringing our vision, our technology, and our creative ambition to one of Asia’s most forward-looking gatherings,” the Company said.
“As the region’s iGaming community comes together, we step into the spotlight at Stand P11 to present an ecosystem shaped for modern operators. Visitors will experience more than a traditional showcase. They will enter an atmosphere where intelligence, innovation, and imagination meet, revealing how a unified product world can create meaningful progress across digital and retail channels.
“At the core of this experience stand the two defining pillars of our ecosystem, the Sportsbook and the Casino Suite. Together, they show how coverage, personalisation, content depth, and consistent multi-channel performance create a reliable operational base. These pillars open the door to a broader environment where player interaction, loyalty frameworks, and operational creativity take centre stage.
“Within this environment, The Last Battle introduces a new expression of progression and player value, turning loyalty into an active and dynamic journey. Our Land-Based Solutions bring the same level of intelligence into physical venues, supported by tools that elevate retail operations, and by Loya, our loyalty platform designed to strengthen relationships inside every shop. Alongside these stands Affigates, our standalone affiliate ecosystem developed for operators seeking reach, quality, and partnership within a trusted global framework.
“Completing the picture is our AI Suite, the analytical layer woven through every product. CRM AI enhances engagement with behavioural insight. Umbrella AI reinforces operational stability through early risk detection and informed decision-making. The AI Game Recommendation System elevates personalisation by aligning each player with content suited to their behaviour. Together, they form the intelligence engine that drives our entire ecosystem.
“As part of our presence at the event, we will also highlight our limited commercial offer, providing a 50% reduction on setup fees, tools, and services for all new agreements signed on or before 15 January 2026. This offer is designed to help operators plan their 2026 launches with stronger commercial terms and reduced initial investment.
“Our participation at SiGMA South Asia reflects our commitment to delivering technology that is adaptive, comprehensive, and ready for the opportunities emerging across the region. We invite all attendees to explore, engage, and experience the future of integrated iGaming in Colombo.”
The post BetConstruct AI to Participate in SiGMA South Asia 2025 appeared first on European Gaming Industry News.
-
Amusnet5 days agoAmusnet CEO Ivo Georgiev Honoured with Golden Medal by the Technical University of Sofia
-
Åland5 days agoKambi Group plc and Paf sign long-term sportsbook partnership extension
-
Balkan Entertainment & Gaming Expo5 days agoCT Interactive Unveils Latest Content at BEGE 2025
-
Balkans5 days agoEGT is among the main contenders for the prize in several categories at the BEGE Awards 2025
-
Latest News5 days agoEvenBet Gaming Presents Spins Poker: A Revolution in Online Poker
-
40 Bulky Fruits Buy Bonus5 days agoAmusnet Unveils 40 Bulky Fruits Buy Bonus: A Juicy Twist on the Classic Fruit Slot Experience
-
Compliance Updates5 days agoCorinne Valletta Wins Chief Compliance Officer of the Year at the Global Regulatory Awards 2025
-
Michigan7 days agoMichigan Online Casinos 2025: BetWhale Stands Out in Michigan for Its Consistently Fast Withdrawal Cashouts



