Asia
Timor-Leste Emerges as a New Serious, Safe and Secure Online Gambling Jurisdiction
Timor-Leste, one of the strongest democracies in southeast Asia, is taking further strides to become a new jurisdiction in the online betting and gaming sector as complement to regimes in Malta and the Isle of Man.
The Virtual Gaming Association (VGA) of Timor-Leste hosted a special industry event on Friday, February 2, that revealed further details about the proposed regulatory framework.
The VGA will be recommending to the Timor-Leste government that it issues both B2C and B2B licences, regulation be modelled on Malta and the Isle of Man rules and licences be issued in the second or third quarter of this year. It was also confirmed that the VGA will be conducting a consultation process with the industry to further refine its regulatory approach.
âIt was a great honour to host an event in London representing Timor-Leste and welcoming President Ramos-Horta as speaker,â the Chairman of the VGA, Richard Leather, said. âOur focus at the VGA is to support Timor-Leste in becoming a jurisdiction that meets and exceeds best practices in online gambling regulation and licensing. Moreover, we look forward to speaking with responsible operators and suppliers looking for a serious, safe and secure jurisdiction for their business.â
Timorese President Jose Ramos-Horta, who was on an official visit to London, spoke at the event about the economic opportunities currently available in Timor-Leste. The country is set to join the Association of Southeast Asian Nations (ASEAN) in 2025 and is currently making efforts to diversify its economy including in the digital and IT sectors with growing interest from investors from around the world.
At the event in London, SoftSwiss and Vittoria Services signed agreements with Capital Group Timor-Leste, which represent the first 120 new jobs in a new business process outsourcing (BPO) project including customer care services set to begin operation in Dili, capital of Timor-Leste, in the next few months.
The BPO, which is currently being fitted out in the newest building in Dili, ETO Tower, includes a training facility where up to 100 operators and supervisors will receive training before being hired.
âThis project is particularly important for Timor-Leste, a country in need of more job opportunities for young people and where around 70% of the total population is under 30 years old,â the Chief Operations Officer for Capital Group Timor-Leste, Antonio Sampaio, said. âIt represents a significant investment by Capital Group Timor-Leste and also showcases the importance of private sector initiatives towards economic development.â
For further information regarding online gambling regulation and licensing, please contact Info @VGA.tl and for further information regarding BPO, please contact Info @CapitalGroup.tl.
Asia
Red Bull, Nissin Cup Noodles, and Kreo Join College Rivals Season 2 as Associate Sponsors
India’s premier college esports and gaming talent hunt, College Rivals, has secured three major Associate Sponsors for its highly anticipated Season 2. Nissin Cup Noodles, Red Bull, and Kreo have all come on board to support the Ampverse DMI-conducted event, each contributing their distinct energy and enthusiasm, as the official Energy Partner, Snacking Partner, and Kreative Partner, respectively.
College Rivals Season 2, featuring participation from over 2,00,000 students across various competitions, offers a prize pool of INR 50,00,000 and a prestigious professional gaming contract. Having kicked off in July 2024, the championship will continue in the following months before culminating with a Grand Finale scheduled for the first quarter of 2025.
âWeâre thrilled to welcome top brands like Nissin Cup Noodles, Red Bull, and Kreo to College Rivals Season 2, which has grown exponentially this time around and is bigger and better than ever. These incredible partners will further enhance the student experience with immersive gaming, exciting activities, and creative engagements, adding new energy and thrill as we continue to inspire college-going students to engage with esports and gaming opportunities,â said Ashwin Haryani, Country Head, Ampverse DMI.
Red Bull, returning to College Rivals after a successful first season, brings extra excitement with their racing simulators and product samples in interactive zones, giving students a taste of the fast-paced energy of Esports. Nissin Cup Noodles, the eventâs Snacking Partner, is bringing a flavorful twist to the action. With wet product sampling of their instant noodles, Nissin Cup Noodles seamlessly blends snack breaks with gaming.
Meanwhile, with their branded gaming peripherals, Kreative Partner Kreo is hosting interactive activities such as typing tests and giveaways, inviting students to engage with top-tier gaming gear at the countryâs biggest collegiate gaming event.
âWeâre absolutely fired up to be part of College Rivals Season 2! The energy is electric, with thousands of students from all over the country bringing their A-game. The fast-paced action, intense competition, and pure thrill of gaming make this event a perfect match for Nissin Cup Noodles which is the go-to snacking option for gamersâ said Varun Oberoi – Vice President, Head of Marketing and Corporate Communications, Indo Nissin Foods.
Having expanded to 20+ cities and 58+ colleges, College Rivals Season 2 is engaging 11,00,000 students across India, providing the ideal stage to connect with brands that resonate with them. Nissin Cup Noodles satisfies with its instant snacks, Red Bull keeps the energy high with its action-packed drinks, and Kreo connects creative minds with top-tier gaming gear.
Asia
FeedConstruct Secures Exclusive International Streaming and Data Collection Rights for Korean Volleyball Leagues
FeedConstruct is excited to enhance its offerings with the addition of another significant Korean sports content. Based on the new partnership, the company has secured exclusive international streaming and data rights for all matches of Korea’s Volleyball Leagues and Cup competitions.
Koreaâs V-League is one of the most prestigious and competitive volleyball leagues worldwide, particularly in Asia, renowned for its high-level matches and featuring top-tier local and international talents. FeedConstruct will cover all the matches from both the men’s and women’s competitions, ensuring comprehensive access to this elite league and delivering premium content.
The KOVO Cup, a highly anticipated annual event, serves as a lead-up to the V-League season, offering teams a platform to experiment with new rosters and strategies. Since 2018, the KOVO Cup has invited international teams, such as Thailandâs Supreme Chonburi, raising the tournamentâs prestige and drawing significant attention from volleyball fans across the country.
Volleyball has been a prominent sport in Korea for decades, with the national teams consistently competing at high levels in major international tournaments like the Olympics and World Championships.
Reflecting on the new partnership, Narek Harutyunyan, CEO at FeedConstruct, stated: âWe are thrilled to secure the exclusive international streaming and data rights for all matches of Korea’s Volleyball Leagues and Cup competitions. Korean volleyball has a rich history and a passionate fan base, and we are committed to providing comprehensive coverage of these elite competitions. This collaboration not only strengthens our global volleyball portfolio but also underscores our dedication to delivering premium sports content.â
KBSN Director Lee Ju Young, added: ââWe are honored to collaborate with FeedConstruct on this project. We hope that Korean professional volleyball will receive more global attention. We believe that partnerships are significant because they carry weight.ââ
KOVO’s Director Lee Young-ho said: “I am pleased that this partnership will enhance the global capabilities of Korean professional volleyball. It seems like a great opportunity to connect with many fans overseas through FeedConstruct. I hope this will be a good opportunity for Korean professional volleyball to grow to the next level.”
Asia
NewCasinoRank Unveils Specifics of Thai New Online Casino Market
NewCasinoRank, a leading website specialising in reviewing new online casinos and covering various aspects of iGaming, has provided an in-depth analysis of the emerging online casino scene in Thailand. As Thailand remains one of the most frequented locations accessing NewCasinoRank, the team is dedicated to delivering precise and relevant information that aligns with the countryâs strict gambling regulations.
Gambling in Thailand is heavily regulated under the Gambling Act of 1935, which prohibits most forms of gambling except for the government-run lottery and horse racing. Despite these restrictions, the popularity of online casinos continues to grow, driven by increasing internet accessibility. According to Statista, the online gambling market in Thailand is projected to grow by 5.56% (2024-2028), resulting in a market volume of âŹ628.90m in 2028.
Thai players frequently visit NewCasinoRank to find reliable information on accessible new online casinos that comply with local laws. To meet this demand, NewCasinoRankâs team meticulously curates content that adheres to Thailandâs legal framework, ensuring players have access to safe and trustworthy gaming options.
Chloe O’Sullivan, CasinoRankâs Writer, emphasizes the platformâs commitment: âWe highly value our Thai audience and strive to provide up-to-date information on our dedicated Thailand page. This comprehensive resource includes special features of new casino sites in Thailand, the most popular casino game developers in the country, an overview of the average bonus values based on market trends and local currency, and much more.â
Samuel Adeoye, CasinoRankâs Researcher, said: âSpeaking of new casinos, sometimes itâs hard to get the most accurate information because the subject is new. Still, we manage to do that by collecting data from reputable open sources and collaborating with trusted casinos that partner with NewCasinoRank. This ensures that our content is both accurate and relevant, providing Thai players with the information they need to make informed decisions.â
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