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SPICE 2019 announces agenda and website for Feb 2019 event

Eventus International, Hong Kong has announced the agenda and speakers for the 2-day Strategic Platform for iGaming Conference & Exhibition (SPICE) 2019. The announcement about the agenda and schedule was made on the  newly revamped SPICE website.

This 2-day summit focused on the gaming and betting industry, will be held on 26th and 27th February, 2019 in Goa. It will see participation from doyens of the Indian gaming and betting industry, as well as international experts, operators and platform providers.

Attendees can expect discussion on recent developments in the gaming, casino, betting and blockchain space in the South Asian region, including the Indian Law Commission’s recent favourable report on legalising gambling & betting and the implications of the upcoming general elections on the dialogue on regulation of sports betting.

The confirmed speakers for the event include industry experts such as Ankush Gera, Founder of Junglee Rummy; Raj Kundra, Chairman of Viaan Industries Ltd.; Sajai Singh, Senior Partner, J. Sagar Associates; Susan O’Leary, CEO, Alderney eGambling; and many more.

For the first time, there will be a discussion on the cryptocurrency space and how blockchain technology can help the sports betting industry by expert, Albert Climent.

Commenting on the unveiling of the agenda and webpage, Yudi Soetjiptadi, Managing Director of Eventus International said, “We are delighted to unveil the agenda and schedule for our second event in India, SPICE 2019. The conference will see a panel of eminent experts speaking on a wide variety of important issues concerning the gaming industry. The discussions and deliberations which emerge from the summit will, I hope, shape the debate on regulating sports betting and gaming in India.”

Glaws is the strategic partner and advisor to the event.

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AIGF to host ‘Pro Series’ skill gaming event on 4th September in Goa

The All India Gaming Federation (AIGF) has announced that it would be hosting a ‘Pro Series’ event to promote skill gaming in India.  The ‘Pro series’ will comprise of events, round tables & other initiatives aimed to create awareness about Skill Gaming in India.

The first event in this pro series would be a masterclass with professional poker players, which will highlight poker as a combination of skill, mathematics, decision making and grit. The event will be held at the Deltin Royale casino in Goa on 4th September, 2018.

Commenting on the initiative, Roland Landers, CEO of AIGF said, “There is still a lot of ambiguity surrounding skill gaming in India hence it is important to create awareness amongst the relevant stakeholders. The ‘Pro Series’ aims to achieve that objective wherein professional players and other domain experts will share key insights on the preponderance of skill required in these games.”

While AIGF  has announced a series of events to promote skill gaming, some members have privately expressed concerns about misappropriation of funds by certain executives of AIGF. It is understood that interest free loans from members funds were taken by some executives for an extended period of time, without any approval. There have also been concerns about the opulent spending for personal purposes by those in charge of the day-to-day functioning of the organisation, raising concerns about lack of transparency and absence of any audit procedure.

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TRF organises Skill Gaming Summit in Mumbai

Industry body The Rummy Federation (TRF) hosted a half-day ‘Skill Gaming Summit’ at Hotel Taj Mahal Palace in Mumbai on 19th July.

The event saw a knowledge paper being released by TRF Knowledge partner Deloitte. The paper titled ‘Online Skill Gaming in India: The Changing Landscape’  covered emerging trends in online rummy, the current market size, growth potential, potential gamers’ characteristics and the regulatory landscape in India. As per the report, the online rummy industry grew at a CAGR of 67% in the last 3 years and is expected to continue growing rapidly to Rs. 3,500 crores in revenue by the end of this decade.

A self-regulatory ‘Code of Conduct’ for online rummy operators was also released at the event. As per the self-regulatory guidelines, all members of TRF are expected to adhere to certain best practices and standards that include exclusion of minors from real money games, putting limits on the amount of funds players can deposit, KYC verification software and testing requirements etc.

Three panel discussions on the skill gaming industry were also conducted at the Summit. The first discussion was titled ‘Insights from Regulators’ and revolved around the need for the industry to come together and adhere to certain standards in the interests of players and for the growth of the industry.

The second discussion on ‘Online Skill Gaming: Opportunity and Outlook’ saw panelists trace the evolution, growth and potential in the online rummy and fantasy sports industries.

The third and final session on ‘Current Issues and benefits of regulation’ discussed how data science can predict problem behaviours of players in advance. One of the panelists also noted that questionnaires, feedback from players and studying the time they spent on online games could help ascertain certain issues associated with problem gaming.

The panelists also noted that the central or state governments changing their policies suddenly affected investor confidence and that there should be regulatory and policy certainty for all investments made in the country.

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Eventus International to host 2 day SPICE gaming conference in Goa in February 2019

After successfully hosting the Sports Betting & Gaming India (SBGI) conference in Goa in February this year, Hong Kong-based events company Eventus International has announced the second edition of its India event, called Strategic Platform for iGaming Conference & Exhibition (SPICE) .

The re-branded two day exhibition and summit is scheduled to take place on the 26th & 27th February 2019 in Goa, India.

The two-day event will delve into the impact and opportunities that comes with clear and well-defined legalised gambling. Presentations will discuss investment opportunities in online skill gaming and brick and mortar casinos, effective structuring of foreign investments and gaming businesses, responsible gambling and the player protection and the socio-economic and financial benefits of legalised gambling etc.

With the national general elections scheduled to be held in April-May 2019, the event will discuss and deliberate on the possible options before law and policy makers to bring changes in the gaming industry and brainstorm the investment opportunities available in the present environment: not just in India, but in the broader South Asian region.

Commenting on the announcement of the event,  Yudi Soetjiptadi, Managing Director at Eventus International said, “After the successful SBGI summit and exhibition last year, we hope to continue the dialogue with SPICE, which we hope will be received as a constructive initiative, presenting an opportunity to both the Indian government and regulator and the gambling and gaming industry.”

Further details about the agenda and registration for the event will be updated on the event webpage.

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The Rummy Federation to organise Skill Gaming Summit on 19th July in Mumbai

Industry body The Rummy Federation (TRF) has announced that it would be hosting a ‘Skill Gaming Summit’ at the Taj Mahal Palace Hotel in Mumbai on 19th July, 2018.

The day-long Skill Gaming Summit is expected to focus on the need and benefits of regulations in the online skill gaming segment. The conference brings together a panel of  gaming experts including regulators from the international markets like New Jersey, Malta, and United Kingdom.

TRF will also unveil a rummy industry whitepaper and a framework of regulations for online rummy companies, that will focus on responsible gaming and player protection.

The summit will have three panel discussions focused namely, ‘Insights from International Regulators’, ‘Online skill gaming: Opportunity and outlook’ and ‘Current issues and benefits of regulations’.

Some of the speakers at the event include Deepak Gullapalli, CEO of Ace2Three; Trivikraman Thampy, CEO of Rummycircle; Ankush Gera, CEO of Junglee Rummy; Vaibhav Kakkar, Partner of law firm Luthra & Luthra; Suhaan Mukerji, partner of policy firm PLR Law Chambers and Karl Brincat Peplow, COO of Malta Gaming Authority.

Commenting on the announcement of the Skill Gaming Summit, Mario Galea, President of TRF said, “With a high growth rate and improvement in technology infrastructure facilitating the booming ITES (Information Technology and Information Technology enabled services) industry in India, online rummy too has gained increasing acceptability across rummy players in India.

This growing industry is now poised at a point where it is apt for the stakeholders to collectively self-regulate by benefiting from each other’s experience. The Rummy Federation, an initiative by the online Rummy industry, proactively adopts state-of-the-art practices from countries where the gaming industry is regulated and lays down stringent self-governance guidelines for online rummy operators. This initiative will ensure that the online rummy industry offers healthy and sustainable entertainment to rummy players across the country.”

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AIGF hosts India Gaming Conclave in New Delhi

The All India Gaming Federation (AIGF) hosted the second edition of its annual ‘India Gaming Conclave’ at The Lalit Hotel in New Delhi yesterday.

The chief guest for the event was Law Commission Chairman Justice (retired) BS Chauhan while other speakers such as Justice (retired) RV Easwar, former judge of the Delhi High Court; Birgitte Sand, Director, Danish Gambling Authority, Gowree Gokhale, Partner; Nishith Desai Associates; Pranav Bagai, CEO of Poker Sports League; Anuj Gupta; CEO of Adda52; Ganesh Prasad, Partner of Khaitan & Co. participated in various panel discussions on advertising and investments in the gaming industry; the need for self-regulation and responsible gaming etc.

Speaking on the occasion, Justice  Chauhan said the “conclave is a brilliant platform to witness effective dialogues between operators and industry stakeholders on the current issues in the gaming industry and to bring together various influencers and law makers to initiate legalisation and regulation in gaming industry. It is a progressive development in the right direction and can open further avenues for the sector and paves a path for the significant change in the skill gaming industry”.

Justice Chauhan while indicating that betting and gambling was a complicated social and moral issue, did not reveal timelines by which the Commission would release its report on legalising betting and gambling. The Law Commission has been studying the issue of legalising betting and gambling for the past year and a half but has been unable to prepare a report or come to a conclusion on the recommendations that ought to be given to the government.

Commenting on the event, AIGF CEO Roland Landers said, “it is satisfying to have succeeded in putting together good governance initiatives for our members through the self- regulation charters and third party audits that augurs well for the growth of skill gaming industry in India”.

Interestingly, AIGF had earlier listed Union Minister of State (Independent Charge) for Sports and Youth Affairs, Rajyavardhan Singh Rathore and other high ranking government officials as speakers for the event. However, none of the listed speakers from the government of India showed up at the event and no explanation was given for their absence, despite the earlier announcement.

AIGF in its earlier events had also listed Union Ministers, CEO and officials of NITI Aayog and other senior government officials to be speaking at its events but curiously, no one from the central government (with the exception of the the Law Commission chairperson and members) has ever attended its events.

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AGB to host Asia Gaming Genealogy Tree on 16th May in Macau

In lieu of the 3rd edition of the Asia Gaming Awards, leading online gaming news publisher Asia Gaming Brief (AGB) is announcing the launch of one of its most ambitious projects – the Asia Gaming Genealogy Tree and Reunion Dinner, set to take place on Wednesday, 16 May, 2018 at St. Regis, Macau.

The “Asia Gaming Genealogy Tree” is a significant undertaking pioneered by AGB which will serve to map out the key connections and networks within Asia’s gaming industry and the company has announced that it will be joining forces with the famous ‘Suppliers Network Cocktail Party’, held each year during G2E Asia week.

An ongoing project, the Gaming Tree will identify and bring to light the network of people who have dedicated their careers to shaping the Asia Gaming Industry. Who did they work with and when, where have they gone since, and where are they now?

Whether you are new to the industry, or a seasoned veteran, the Gaming Tree will become an essential tool for identifying the keys movers & shakers in the industry and their respective networks.

As a pioneer in the industry, AGB has always been committed to constantly innovating and providing the industry with engaging projects and platforms that make a difference.

Along those lines, AGB will be replacing its existing “Asia Gaming Awards” event with the debut of the “Asia Gaming Genealogy Tree” and its accompanying Cocktails and Annual Reunion Dinner, set to take place on Wednesday, 16th May at St. Regis, Macau.

Over the years, the Gaming Tree will continue to grow in tandem with the industry, with each year’s update presented at the Annual Reunion Dinner, bringing together old friends and creating the opportunity for new connections.

More information can be found on the Asia Gaming Tree Facebook page here.

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Eventus International hosts successful Sports Betting & Gaming India conference

South Africa based Eventus International hosted a successful and well attended two-day event, Sports Betting and Gaming India (SBGI) conference on 27th and 28th February at the Park Hyatt Goa Resort & Spa.

The event started with a house-full of more than 150 attendees on Day 1. Tim Shepherd, co-founder of Silver Heritage Group started the event by making a presentation on the global gaming industry, growth in demand from India’s burgeoning middle class and how can one can capitalise on the Indian market.

This was followed by three panel discussion with key discussions on the gambling and betting in sports legalisation in India, casinos of India and future of lotteries in India, which all had eminent panelists like William Howie (Betradar), Ranjana Adhikari (Nishith Desai Associates), Susan O’Leary (Alderney eGambling), Vidushpat Singhania (Krida Legal), Manoj Jain (Deltin Group), Vaibhav Gaggar (Gaggar & Associates), Felix Mukaxe (Mozambique Gambling Board), Geaspar Byrne (Lottoland Solutions), Ratul Sethi (Golden Gaming), Jay Sayta (Glaws), Kit Szybala (Global Market Advisors) etc.

There were presentations on important topics like analytics from Andrew Pearson (Intelligencia Limited), on sports integrity and responsible gaming from Kevin Carpenter and Nandan Kamath (LawNK) respectively. The day ended on high spirits with a poker tournament at Deltin Royale.

Day 2 kicked off with a presentation by Christina Thakor-Rankin (1710 Gaming) on the key growth markets and opportunities in India, followed by a joint presentation from AIGF, which was followed by a factual presentation of DFS by Harsh Jain CEO of Dream 11. The rest of Day 2 was followed by four panel discussions concentrating on fantasy sports, mobile gaming, poker & rummy in India, horse racing and e-sports in India.

Commenting on the conference, Yudi Soetjiptadi, the Managing Director of Eventus International said, “India is definitely the next big thing, with an online gambling being estimated worth as much as 1.5 billion USD but could rise to as much as 4.6 billion USD – or more – in the years to come, it’s time for a change. Regulating online gambling would create jobs, bring in foreign investment, open up a new source of tax income, and protect consumers to the risks of an unregulated market and deployment of responsible gambling awareness campaign.

The summit was initiated to create awareness about betting integrity, and we had great support from the industry. Everyone present was eager to make it work for the future of gaming industry in India. Eventus role has always been to create the platform for various gaming industry stakeholders to network and share ideas. We have succeeded in delivering that in Goa recently as the feedback from participants was very encouraging. In conclusion, the event was a huge success to us and the industry and we look forward to hosting it again next year!”

Eventus International has announced that the India conference, now re-branded as Strategic Platform for iGaming Conference & Exhibition (SPICE) India,  would be held again next year, on 26th and 27th February, 2019.

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IFSG hosts successful ‘Game Plan’ fantasy sports conference

The Indian Federation of Sports Gaming (IFSG), successfully hosted its half-day long flagship event ‘Game Plan’ in The Trident Hotel, Mumbai on 22nd February The event brought together various stakeholders from the fantasy sports industry in India. Luminaries who attended the annual conference discussed and deliberated upon various aspects of the online Sports Gaming industry, primarily focusing on the growth potential of fantasy sports in India.

The first-ever report on ‘The Laws Relating to Fantasy Sports Games in India’ was launched by Harsh Jain, Chairman of IFSG and CEO & Co-founder of Dream11, Nandan Kamath, Principal Lawyer at LawNK  & Researcher at Sports Law & Policy Centre (SLPC) and Ranjan Chatterjee, former Chief Secretary of Meghalaya & former Member of NGT.

The report delves into the skill element of fantasy sports games, need for self-regulation by online gaming companies, the use of third-party intellectual property in fantasy sports games and the recent developments in the Supreme Court of India relating to the determination of the fantasy Sports format as a game of predominant skill.

Game Plan 2018 had three panel discussions that addressed key aspects of fantasy sports, including its investment potential in India, the legal landscape, and why some of the biggest sports leagues rely on Fantasy Sports as a tool for fan engagement. The discussions featured eminent panelists such as Aarti Dabas (ICC), Arun Prabhu (Cyril Amarchand Mangaldas), Abhinav Srivastava (LawNK), Gowree Gokhale (Nishith Desai Associates), Jamie Stewart (CPL), Nandan Kamath (LawNK), Renuka Ramnath (Multiples Equity), Srinivvasan Gopalkrishnan (ISL), Sumit Sinha (Multiples Equity), Sundar Raman (RIL Sports), Vani Kola (Kalaari Capital) and Yannick Colaco (NBA).

While inaugurating the conference, Harsh Jain Chairman of IFSG and CEO of Dream11 noted that the fantasy sports sector has grown exponentially in the past few years with around 56 fantasy sports companies operating in India at present. He also stated that consumer interest is paramount and all steps should be taken to protect the consumerby industry stakeholders, which is one of the objectives of IFSG.

On the successful organisation  of the half-day event he said, “We were delighted to be able to successfully host the inaugural edition of Game Plan, India’s Annual Sports Gaming Conference aimed at bringing together eminent leaders to help shape the industry on a collaborative platform. These are exciting times with an increasing number of sports leagues, Fantasy Sports operators and investors aligning to offer Indian sports fans an immersive and engaging sports experience.”

On the launch of the legal report, Nandan Kamath, Principal Lawyer – LawNK & Researcher – SLPC said, “The recent developments in the courts are an encouraging sign for the fantasy sports ecosystem in India as it shows the willingness of courts to carefully and favourably evaluate game formats on criteria of predominance of skill.

The SLPC report is a collaborative effort by leading law practitioners which aims to document the state of the law relating to online fantasy sports gaming and aims to lend clarity to the industry. We hope this empowers the entrepreneurial spirit and benefits and protects the interests of the wide variety of stakeholders involved with fantasy Sports games, including operators, fans, players and governing bodies.”

The report can be accessed below:
[pdf-embedder url=”https://glaws.in/wp-content/uploads/2018/02/Fantasy-Sports_Legality_India_Report.pdf” title=”Fantasy Sports_Legality_India_Report”]

 

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IFSG (formerly FIFS) announces ‘Game Plan’ fantasy sports conference on 22nd February

The Indian Federation of Sports Gaming or IFSG (formerly known as the Federation of Indian Fantasy Sports) has announced a one day event ‘Game Plan 2018’ on 22nd February, 2018 to discuss the growth and future of the fantasy sports industry.

The day long conference, a first such event to exclusively discuss the opportunities and scope in the fantasy sports industry is being held at The Trident Hotel in South Mumbai and will see three panel discussions concerning the Indian fantasy sports industry.

The first panel will discuss the investment potential in fantasy sports in India and will see prominent guests like Vani Kola from Kalaari Capital, Renuka Ramanathan from Multiples Equity and former IPL COO Sundar Raman speak on the scope and opportunities in the sector.

A second discussion on the legal landscape of fantasy sports in India will see participation from Nishith Desai Associates Partner Gowree Gokhale, LawNK founder Nandan Kamath, Cyril Amarchand Mangaldas Partner Ravi Kumar and Khaitan & Co’s Ganesh Prasad. The panel will discuss the legal and regulatory framework governing the fantasy sports industry.

The third panel discussion is expected to talk about synergies between sports leagues and fantasy sports games. National Basketball Association India Managing Director Yannick Colaco, G Srinivvasan, Marketing and Strategy Head of Indian Super League and Aarti Dabas, Head- Media Rights, Broadcast and Digital of the International Cricket Council are slated to speak in the panel.

Harsh Jain, CEO and Co-Founder of Dream11 and Chairman of IFSG is scheduled to give the welcome address and also make closing remarks.

The event agenda and registration details can be found here.