Asia

Professional Players Create Own Esports Organisation via Decentralized Ownership Model, with Endorsement from Avium

Published

1 year ago

August 29, 2022

Reading Time: 2 minutes

A couple of Singaporean professional esports players have created their own organisation, & with Avium’s endorsement, and will compete under the banner of Slate Esports in the upcoming MPL Singapore due to start in September 2022.

The team will be leveraging Avium’s ecosystem & representing the brand through the decentralised ownership model, by utilising the Avium Founders’ Pass. This means that Slates Esports is a part of Avium’s ecosystem, and will receive support from its community to help the players establish themselves as an esports team.

“At Avium, our goal is always the same, ‘Enabling Passion; Building Dreams’. When Daryl, a Founders’ Pass holder, reached out to us to support him in building his own dream, we knew we had to support him. This is the beautiful thing about Web3, helping people grow,” mentioned Nathanael Lim, co-founder of Avium.
Holding an Avium Founders Pass grants access to an exclusive community building of the Avium brand together with the founding team. The formation of Slate Esports is a prime example of how Avium supports its community members.

The organisation is formed by SEA Games Bronze Medalist duo Akihiro ‘JPL’ Furusawa & Daryl ‘Youngin’ Ng after being released by EVOS Esports in late July. These players are household names in the gaming community. The majority of the Slate Esports roster was inherited from EVOS SG, who finished 4th place in the most recent World Championship series held in
Singapore in December 2021.

The team’s target is to replicate their success under their new banner. Daryl Ng has expressed his excitement in growing a new chapter in his life with Slate Esports as part of Avium’s ecosystem. Slate Esports is looking to qualify for the $USD 800,000 prize pool World Championship in Jakarta on January 2023.

Daryl Ng, the founder of Slate Esports, said: “Never in a thousand years I thought I would say that I own an esports organisation, yet here we are. Firstly, I have to thank Avium for believing in us to support and support us in our journey. We are extremely proud to represent the community and will aim to be the best.”

Avium is a Web3 media start focusing on building an entertainment & media network. Recently,
they secured a US$2M pre-seed round led by Saison Capital. It includes East Ventures, Mirana
Ventures, angel investors such as Ricky Ow (ex-Warner Media) and more.

Asia

Fun88 Announces Exciting Partnership with Dabang Delhi Kabaddi Club for Pro Kabaddi League Season 10

Published

3 days ago

December 8, 2023

Niji Narayan

fun88-announces-exciting-partnership-with-dabang-delhi-kabaddi-club-for-pro-kabaddi-league-season-10

Reading Time: < 1 minute

Online gaming brand Fun88 has announced its latest partnership, becoming the title sponsor of the Dabang Delhi Kabaddi Club, the current reigning champion of the Pro Kabaddi League Season 8, for the ongoing Season 10, which kicked off on December 2.

This collaboration marks a significant milestone in the world of sports and entertainment, bringing together two dynamic forces committed to delivering exceptional experiences to fans.

Dabang Delhi Kabaddi Club has consistently demonstrated excellence both on and off the kabaddi field, and this partnership reaffirms their dedication to providing fans with electrifying moments. Fun88, with its reputation as a premier gaming platform, aligns perfectly with Dabang Delhi Kabaddi Club’s vision of success.

Durganath Wagle, CEO of Dabang Delhi KC, said: “We are thrilled to welcome Fun88News on board as a Title sponsor for the upcoming Pro Kabaddi League season. This collaboration represents a shared passion for delivering excitement and entertainment to our fans. Fun88’s innovative gaming platform aligns seamlessly with our vision, and we look forward to a successful and engaging season together.”

John Smith, Marketing Manager of Fun88, said: “FUN88 is delighted to be in association with Pro Kabaddi League Club Dabang Delhi. Together with the club, we live the dream of expanding our fan base, especially in India. FUN88 News is optimistic that this partnership will assist us in becoming the leading gaming, entertainment, and news platform in India.”

Asia

India: Six People, Including Cops, Arrested After Ranchi Police Busts Illegal Gambling Den

Published

2 weeks ago

November 29, 2023

Niji Narayan

india:-six-people,-including-cops,-arrested-after-ranchi-police-busts-illegal-gambling-den

Reading Time: < 1 minute

Six people, including cops, were arrested after the Ranchi Police busted an illegal gambling group in the Gonda area of Jharkhand’s capital.

In recent news, six people, including cops were arrested after the Ranchi Police busted an illegal gambling den in the Gonda area of Jharkhand’s capital. Acting on the received information, a police team raided the spot. Reportedly, a sum of five lakh rupees was seized from the accused.

BJP State President Babulal Marandi raised his concern over the incident, emphasising on the involvement of police personnel stationed at CM Hemant Soren’s residence in the gambling operation. Marandi suggested that there might be pressure on the police, leading to potential manipulation of the case.

He even took to his official handle on X (formerly Twitter), to express his worries over the state’s leadership being involved in wrongdoings. He also questioned where the money earned from the gambling activities was going.

The station in-charge Ravi Thakur confirmed the arrests. A detailed investigation into the matter is underway. The illegal gambling activities were reportedly ongoing in the police like area for several days. Upon receiving the information about the illegal gambling den, Ranchi SSP formed the team who conducted the raid.

Asia

Genting Berhad Reports Group Revenue of $1.57 Billion for Q3 2023

Published

2 weeks ago

November 28, 2023

Niji Narayan

genting-berhad-reports-group-revenue-of-$1.57-billion-for-q3-2023

Reading Time: < 1 minute

Genting Berhad has posted its financial report for the third quarter of 2023, highlighting a 20.39% increase year-on-year in its group revenue to RM7.37bn ($1.57bn).

This improved performance in the group’s revenue was contributed mainly by the Leisure & Hospitality Division continuing to recover.

There was a significant increase in the group’s net profit from the previous year’s third quarter results, seeing them go up 177.16% to RM995m.

EBITDA also saw an increase, going up from RM2.06bn in the third quarter of 2022 to RM2.73bn in the third quarter of 2023, representing an increase of nearly 33%.

Resorts World Sentosa continued to benefit from the sustained recovery of travel and tourism within the region, seeing both revenue and EBITDA increase, while Resorts World Genting recorded higher revenue this quarter due to a higher volume of business registered by its gaming and non-gaming segments; owing to the relaxation of border control as compared to Q3 2022.

Genting mentions that its financial performance for the rest of the 2023 financial year may be impacted by a number of factors, including the continuation of domestic demand employment growth; and the regional gaming market is expected to continue its recovery as airline capacity and air connectivity in the region improves.

The report also mentions that Resorts World Sentosa has collaborated with a local charity organisation called Food from the Heart to fund, to enable the distribution of fresh, locally sourced produce to 2400 underprivileged families across the island over the next three years.