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i3 announces BLITZPOKER’s, largest India Biggest Online Poker Event, the IOPC

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Since its launch in August of last year, BLITZPOKER, majority owned by i3 Interactive Inc, has established itself as a premier destination for poker players of all skill levels with a particular focus on welcoming new players to poker. Determined to start the New Year with a bang, BLITZPOKER has launched the Indian Poker Online Championship (IOPC). This year, the IOPC features a guaranteed prize pool of INR 28 crores (almost $4MM USD) – making it India’s biggest online poker event. The tournament officially started on the 14th of January and is right now ramping into the most exciting parts of the event, which will conclude on 31st January 2021 with the main event “IOPC the Crown” with a 3.5Crore prize pool.

Tapping into and further growing the already exploding gaming market in India, BLITZPOKER has established a foothold within the poker community, continuing its rapid growth since its launch. With its unique tournaments and competitions, BLITZPOKER has seen overwhelming adoption as the market has responded to its brand positioning bringing unique excitement to new and established poker players alike. BLITZPOKER’S latest event, the Indian Poker Online Championship (IOPC), is set to be the biggest online poker tournament by BLITZPOKER in India to date.

Commenting on their rapid rise and their latest offering, BLITZPOKER Management added, “Thanks to the support of the Indian online poker community, we finished the year 2020 on a very high note with a lot of optimism entering 2021. We witnessed the enthusiasm via the community’s participation in our initiatives, either directly into tournaments or cash games or our general marketing initiatives designed to bring fun and engagement to the skill-based game of poker. This support continues to encourage us to bring new and exciting opportunities to help our players have fun learning the game of poker and to present opportunities to win industry leading prize pools. To start this New Year the BLITZ way, we are very pleased to announce the biggest online poker tournament in India, the Indian Online Poker Championship 2021 (IOPC). This tournament offers the adrenalin rush that every single online poker player in the country has been looking for. The IOPC reflects our faith in the Indian poker community, and we look forward to continuing to deliver above expectations and further advance the quality and quantity of the poker community across the board.”

To make the IOPC more exciting, BLITZPOKER has introduced a long list of promotional offers, allowing their players to get more for their money and even win tickets to the tournament events. All players who deposit INR 250 and above will get a 20% bonus of up to INR 25,000.

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Key highlights of the Indian Online Poker Championship:

  • The IOPC offers INR 28 crore (~ $4MM USD) guaranteed (GTD) in the prize pool.
  • The IOPC will host multiple tournaments with a total GTD of INR 24 Crore.
  • INR 1 Crore in giveaways to the top players on the leaderboard.
  • The Four Feature tournaments will be live streamed.

The BLITZPOKER app allows players to earn real cash starting with zero to deposit amount. No better way to lean and get started! BLITZPOKER has their support team available on call, chat, email and social media to solve all player queries to ensure smooth gameplay and hassle-free cash outs/deposits, welcoming questions of any kind, any day of the year.

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Stake.com enjoys major growth surge during IPL after adding Indian rupees

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Stake has witnessed unprecedented levels of sports betting activity during the 2024 Indian Premier League (IPL).

The operator customised its global sportsbook for cricket-crazy customers this season by enabling deposits in Indian rupees (INR) for the very first time.

The Indian rupee is the latest of six fiat currencies available on the flagship Stake.com sportsbook, as well as 20 cryptocurrencies.

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The currency integration was launched in tandem with a generous promo, which saw punters paid out as winners, even if their team went on to lose the match, as long as they managed to hit a six during the first four overs.

The only stipulation was that bets must have been placed in INR with a maximum payout of up to US$25.

This occurred during 30 of 48 selected IPL matches, or 63%, leading to handsome rewards for punters who took advantage of the offer.

The bets would have been settled as losses on any other platform, but instead resulted in an extra US$30m of winnings for Stake customers.

The promotion also served as a savvy customer acquisition strategy. More than 80% of users to have redeemed the offer were new to Stake as first time depositors.

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“We are constantly striving to improve our product and want to make Stake easily accessible to as many players as possible,” said Stake’s director of commercial Jarrod Febbraio.

“With more than US$100m wagered this season alone, the IPL is soaring in popularity, and so is Stake.

“We wanted to spice things up for the 2024 season, and this promotion was perfect for our customers who don’t like cricket, they love it,” he added.

The IPL is the most popular cricket league in the world. The current season ends on Sunday 26 May.

The post Stake.com enjoys major growth surge during IPL after adding Indian rupees appeared first on European Gaming Industry News.

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Delasport Signs a Sports Deal with Philippines’ Leading Regulated Operator OKBET

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Award-winning iGaming supplier in regulated markets Delasport has just signed a sports deal with Philippines’s number 1 operator OKBET.

The leading software developer will provide sports-services to their new partner, enhancing the experience of sports bettors in the Philippines even further.

“We’re proud to supply our services to such a strong partner as OKBET, and to an exciting and steadily growing market as the Philippines”, Delasport’s CEO Oren Cohen Shwartz comments on the agreement.

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Regulated Philippines is marking a stable 5% year-to-year growth with the number of users expected to reach almost 6 million by 2029.

This is yet another deal for Delasport, with the global supplier’s expansion in regulated markets happening at full force.

Same goes for OKBET who have been holding the number one operator spot in iGaming in the Philippines for a long time now.

“I’m excited that OKBET and Delasports are joining forces to redefine the landscape of online sports gaming in the Philippines”, OKBET’s COO Wayne Thong also comments on the deal. “This partnership combines OKBET’s local market expertise with Delasports’ global industry leadership, creating new opportunities for innovation and customer satisfaction. OKBET and Delasports share a common vision for the future: a vibrant and dynamic platform that caters to the diverse interests of sports enthusiasts. By combining cutting-edge technology with a deep understanding of user preferences, this collaboration aims to set new standards for the industry.”

The post Delasport Signs a Sports Deal with Philippines’ Leading Regulated Operator OKBET appeared first on European Gaming Industry News.

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Uzbekistan Legalises Online Betting and Lotteries

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President of Uzbekistan Shavkat Mirziyoyev has signed a decree on April 19 titled “On Measures to Improve the Regulation of the Organization and Conduct of Lotteries and Risk-Based Games in the Republic of Uzbekistan”. The document abolishes the ban starting from January 1, 2025, and introduces a legal framework for the organisation of risk-based games online and betting activities.

The issue of legalising betting activities has been a long-standing topic in Uzbekistan. In December 2019, the president signed a decree to legalise bookmakers, but this decision was revised in April 2022. In April 2023, the head of state instructed the development of a regulatory framework for betting activities.

The National Agency for Advanced Projects (NAAP), the authorised state body for regulating and licensing activities in this sector, provided insights on the necessity of introducing state regulation in the gambling sector in Uzbekistan. The agency emphasised the need to prevent illegal gambling businesses, protect players’ rights and generate additional income for the state budget.

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The president’s decree aims to introduce advanced foreign experience and modern technologies in regulating the organisation of risk-based games and lotteries to increase investment attractiveness, tourist potential and attract additional funds to the country.

The measures outlined in the decree include the creation of legal foundations for the legalisation of activities related to risk-based games online, betting activities, and lotteries, implementation of mechanisms to protect citizens’ rights and interests, prevention of gambling addiction and the generation of additional state budget revenue.

Starting from January 1, 2025, a taxation system will be introduced for license holders, where organisers of online games, betting activities and lotteries will pay a turnover tax. This system aims to prevent the concealment of taxable revenue and is expected to generate additional tax revenues for the state budget.

Overall, the implementation of the decree is intended to establish a reliable foundation for the legal regulation of activities related to organising risk-based games online, betting activities and lotteries in Uzbekistan, protect citizens’ interests, combat gambling addiction and provide additional sources of income for the state budget.

The post Uzbekistan Legalises Online Betting and Lotteries appeared first on European Gaming Industry News.

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