Asia
EvenBet Gaming Launches Teen Patti on Its Turnkey Platform
EvenBet Gaming, a leading developer and software provider for operators like MPL among others with over more than 15 million active players from India, announced the introduction of a popular card game ‘Teen Patti’ on its turnkey platform today. The EvenBet platform offers over 30 variants of online poker in addition to rummy, call break, and other card games. Teen Patti will be available for all the accessible devices via desktop, web, and mobile applications.
The game of teen patti has a strong connection with the Indian cultural heritage and a long history as it is played during festivals in India. The rules are quite similar to poker, interestingly the difference would be the game may accommodate up to eight players. The game completely relies on the skills and the ability of the player to learn winning card combinations by keeping in mind the cards that were already played by the opponents, to estimate the potential winning chances.
As per the Octro Inc. report the growth of teen patti has increased almost 800% with active users exceeding 150 million in India in 2020. Foreseeing the overall market growth, the estimates highlight its likeness among the masses which probably now have more than 200 million active players in the country. The number of teen patti players in India exceed the number of poker players. The game will increase the liquidity of poker in India by 20-25%.
According to EvenBet Gaming CEO Dmitry Starostenkov “Being an extremely popular game at social gatherings in India and across South-East Asia, we believe it will bring additional value and more players to the projects already using the EvenBet platform and poker. We have about 50% of the poker market in India and we aim to be absolute leaders in the card games space”.
Talking about the growth prospects, he further states,”For EvenBet, liquidity is the key growth factor for revenue streams from p2p games. The operator’s profit will correlate with the liquidity increase. Customization extends to the branding and company-specific design to the offered games. The market capacity for teen patti is enormous in India and with the right marketing approach this game is bound to succeed.”
EvenBet Gaming has a positive experience in creating and launching market-specific card and skill games: in addition to the classic poker variations, Evenbet Gaming portfolio now includes, call break, rummy, backgammon, big two, turkish poker, and now teen patti. All these games are developed in-house and fully customisable; an operator may choose any games from the set or add all of them.
Recently named the Best Platform Provider at SPiCE Awards 2022 (Goa, India), EvenBet provides software for operators with more than 15 million active players from India, such as MPL, PokerSaint, 9stacks, and PokerHigh. Adding the most popular card game will strengthen EvenBet partners’ position in the market.
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Asia
Onlyplay Enters into Strategic Partnership with Ritchie Rabbit
Onlyplay has entered into a strategic partnership with online casino and betting company Ritchie Rabbit within the Asia region.
Ritchie Rabbit is said to have “extensive expertise and deep understanding of the Asian market,” which helps Onlyplay as it seeks to expand its presence in the region.
Through this deal, Onlyplay will introduce a range of games and features designed specifically for the Asian gaming community.
Onlyplay offers a wide range of games such as instant win, slots and crash games, and will now provide games for players in Asia.
Christina Muratkina, CEO of Onlyplay, said: “It is a great pleasure for us to develop the Asian region alongside Ritchie Rabbit. We recognize the immense potential of the Asian market and are committed to delivering top-notch gaming content and experiences to players in the region. This partnership represents a significant step forward in our efforts to offer innovative and engaging games that resonate with our Asian audience.”
The post Onlyplay Enters into Strategic Partnership with Ritchie Rabbit appeared first on European Gaming Industry News.
Africa
Hub88 partners with LiveGames to enhance content offering
Hub88 has partnered with live casino supplier LiveGames, further strengthening its product offering by adding a unique range of content to its platform.
LiveGames provides fully customisable online live dealer games and branded tables including the first vertical roulette table in the sector, along with crash games and the widely played Tombola.
The supplier delivers experiences with a player-focused design, easy to use mobile interface, and high-resolution broadcasts.
The partnership will support LiveGames’ goal to further expand in international markets, including Africa, Asia, and Latin America where Hub88 has a strong presence.
The deal showcases Hub88’s commitment to grow its ecosystem of partners, offering a diverse portfolio of products and content.
Ollie Castleman, Head of Hub88, said: “We’re thrilled to unveil this strategic partnership with LiveGames which sees us add a great provider to our platform, one that utilises modern technology to offer bespoke and personalised gaming experiences to players.
“We are looking forward to collaborating and strengthening our content library with their diverse games.”
The LiveGames Team said: “Our journey started in a small studio and as a team, we are excited about now expanding to every corner of the world together with Hub88 and their extensive operator network.
“We are committed to promoting innovation in the industry and this partnership will support us on that mission.”
The post Hub88 partners with LiveGames to enhance content offering appeared first on European Gaming Industry News.
Asia
Indonesian Govt to Form Task Force to Tackle Online Gambling
Indonesian President Joko Widodo has chaired a limited meeting which discussed the efforts taken to eradicate online gambling in the country on Thursday 18 April, at Merdeka Palace in Jakarta. Minister for Communication and Information Technology Budi Arie Setiadi, in his press statement after the limited meeting, said that the Government will form a task force to counter online gambling.
“It has been decided that within a week, we will formulate measures to form an integrated task force in order to eradicate online gambling,” Budi said.
Minister for Communication and Information Technology mentioned that forming a cross-ministries/institutions task force is aimed to handle online gambling more thoroughly, collaboratively and efficiently.
“Gambling is an illegal act based on regulations. So, we need to impose measures effectively to settle it,” Budi stated, adding that his ministry will focus on handling online gambling websites and contents, while the law enforcement officers will enforce the law.
“Our authority is only to take down the websites, while the Financial Services Authority (OJK) blocks their financial accounts, and then followed by law enforcement officers, police officers, and the public prosecution service officers,” he remarked.
Similarly, OJK’s Chairperson of Commissioner Board Mahendra Siregar also highlighted the importance of holistic measures in eradicating online gambling in Indonesia.
“Some online gambling activities are not conducted in Indonesia, some are cross-borders, some do not use bank accounts, some needs to be tracked and traced through bank accounts, including transfers and so on. So, the next layers must also be addressed, and that way it leaves no empty rooms,” Mahendra explained.
Mahendra said that according to the institution’s authority, from the end of 2023 to March 2024, OJK has blocked around 5000 bank accounts that indicate its relation to online gambling.
“So far, we have cooperated closely with Communications and Information Technology Ministry. So, if we receive a list of bank accounts suspected to be used or are being used in online gambling activities, we immediately block them, and it has reached up to 5000 bank accounts,” Mahendra mentioned.
The post Indonesian Govt to Form Task Force to Tackle Online Gambling appeared first on European Gaming Industry News.
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