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VR – The Game Changing Factor in Online Gaming

George Miller

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VR – The Game Changing Factor in Online Gaming
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It is no surprise that immersive technologies like Virtual Reality (VR) are transforming the gaming landscape by promising a major revolution in the domain – bringing about 3-D simulations. For gamers, this is no less than dreams coming true.

And, hence, more and more people are seen wearing head gears, allowing motion tracking, interactive graphics and 3-D effects, delving deep into a unique gaming experience, pixel by pixel.

It is worth noting that while a number of prominent market players such as Nintendo, Apple, Microsoft and Sony hold a considerable share of the market’s growth pie, a number of smaller players are quite active in the playfield, upping the ante and thereby, intensifying the competition.

Market Dynamics – Low Down on Competitive Landscape and Beyond
It might put things in some perspective if advancements of virtual reality in gaming are spelled out since the rage and frustration of PokemonGo were first experienced hands-on by an ever eager community of serious gamers. For one, it led to people seeking a more natural way of gaming – they looked for a technology where instead of swiping, one could use actual hand movements which is more natural.

This is actually made a reality by researchers from Brown University, who are using in in an app called Portal-ble. While, it is not a gaming app, it does reflect on the level of innovation the field is deep into.

Additionally, Sandbox VR raised another round of funding in its celebrity party round fund raising initiative last month (October 2019) – a strategic investment move that helped it gather USD 11 million. It might be of some interest to note here that in the beginning of the year of 2019, it raised USD 68 million in Series A.

Here, it will not be wrong to say that uniqueness of product and its marketing b Sandbox VR is at play in attracting a star studded interest from across fields – Silicon Valley giants to actual movie stars, David Sacks to Katy Perry and Justin Timberlake. It is proffers a blend of gaming zones in retail outlets, bringing forth a proposition that is hard to ignore – an arcade with technology that costs a bomb and hooks gamers like never seen before.

Future of Futuristic Technology Decoded
As per Transparency Market Research analysis of the global virtual in gaming market, the landscape will witness a stellar Compound Annual Growth Rate of about 39.2% over the coming years.

One of the most significant factors driving growth here, other than technological promise of viewing the world in expanding concentric circles, creating an art form that is game-changing in the true-sense of the word, is growing affluence in the world. As disposable incomes are peaking at a notable pace, novel tech is not as beyond means as it once used to be and this is responsible for growing demand in the global virtual reality in gaming market.

While, leaps have been made in developing the tech, more remains to be done if players are to maintain edge over the rising competition. Keeping gamers at the heart of the scheme will hold key to all future growth.

Get More Insights @ https://www.transparencymarketresearch.com/virtual-reality-gaming-market.html

Industry News

32Red Launches New Responsible Gambling Campaign Featuring Wayne Rooney

Niji Narayan

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32Red Launches New Responsible Gambling Campaign Featuring Wayne Rooney
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32Red, the sponsor of Derby County FC, has launched its latest responsible gambling campaign featuring Wayne Rooney.

32Red released the video as part of their ongoing commitment to encourage responsible gambling, with Rooney at the forefront of the move.

The former Manchester United and England captain, now with Derby, appears in the video along with boxer Carl Frampton and jockey Paddy Brennan.

In the minute-long video, Rooney, 34, who has been open about his own gambling issues in the past, looks straight into the camera and says: “Do you gamble responsibly?”, as well as encouraging gamblers to “set limits on your play” and “how long you play for.”

Neil Banbury, 32Red managing director, said it was vital to have someone with Rooney’s profile and global reach to deliver and get across such an important message.

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eSports

Qontigo Launches Two New Thematic Indices On Video Gaming And Healthcare

George Miller

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Qontigo Launches Two New Thematic Indices On Video Gaming And Healthcare
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Qontigo has expanded its suite of innovative thematic indices by two new concepts: online gaming and the fight against obesity. The STOXX® Video Gaming & eSports Index and the STOXX® Health & Weight Loss Index were introduced today, and financial products based on these indices are expected to launch in the coming weeks.

Both indices are positioned to benefit from structural, global economic growth trends. The STOXX® Video Gaming & eSports Index is comprised of companies focused in the high growth area of video games and eSports. The STOXX® Health & Weight Loss Index includes constituents that are connected to the immediate need of addressing the rising obesity levels in the global population.

“The online gaming and health and weight loss indices are the latest additions to our thematics family that seeks to capture sector-specific, long-term growth. At Qontigo we have advanced thematic investing since 2016 and now offer two dozen theme-based STOXX indices following modern concepts with above-average growth outlooks. Thematic investing aims to capture the momentum of disruptive megatrends that fall into the categories of demographics, climate change and technology. As an investment category, thematic investing has nearly tripled in the three years through December 31, 2019“, said Stephan Flaegel, Global Head of Indices & Benchmarks at Qontigo.

Each index selects constituents from the STOXX® Developed and Emerging Markets Total Market Index, and from certain Chinese markets, with substantial revenue exposure to business sectors associated with the respective concept. The business categories are based on FactSet Revere’s data. Only stocks with a given minimum trading volume are eligible.

Additionally, the two indices will exclude companies that Sustainalytics considers to be non-compliant with the Global Standard Screening and those involved in controversial weapons. This is in line with increasing demand from asset owners and investors to comply with sustainability norms, a drive that has also emerged in thematic strategies.

 

About Qontigo

Qontigo is a financial intelligence innovator and a leader in the modernization of investment management, from risk to return. The combination of the company’s world-class indices and best-of-breed analytics, with its technological expertise and customer-driven innovation enables its clients to achieve competitive advantage in a rapidly changing marketplace. Qontigo’s global client base includes the world’s largest financial products issuers, capital owners and asset managers. Created in 2019 through the combination of STOXX, DAX and Axioma, Qontigo is part of Deutsche Börse Group, headquartered in Eschborn with key locations in New York, Zug and London.

About STOXX

STOXX Ltd. is Qontigo’s global index provider, currently calculating a global, comprehensive index family of over 10,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, EuropeAsia/Pacific and sub-regions Latin America and BRIC (BrazilRussiaIndia and China) as well as global markets. STOXX is the administrator of the STOXX® and DAX® indices under the European Benchmark Regulation and exercises control over all benchmark administration processes within Qontigo.

STOXX indices are licensed to more than 600 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds.
www.stoxx.com

 

SOURCE Qontigo

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Industry News

Pin Projekt Partners with SBTech for 24/7 Live Betting on Lottery Service

George Miller

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Pin Projekt Partners with SBTech for 24/7 Live Betting on Lottery Service
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SBTech to offer supplier’s continuous automated live lottery draws

Pin Projekt, the leading live lottery supplier, has secured a deal with the award-winning platform and technology provider SBTech, for the entire portfolio of their live betting games.

As part of the agreement, SBTech will offer the live service that features over 2,000 daily draws from 4 studios and 20+ betting games to their platform partners.  The service is supplied through all channels including desktop, mobile and retail with the availability of 24/7 driving player engagement.

Lotto Instant Win, a Pin Projekt brand, is also offered through this partnership and sees over official draws completed through a continuous and uninterrupted live stream hosted by live dealers.

Andrew Cochrane, Chief Development Officer at SBTech, said: “We are delighted to be working with Pin Projekt to provide a wealth of live lottery content to our platform partners. SBTech is committed to adding high quality content onto our platform that drives revenue, and this latest partnership showcases this perfectly.”

Ivan Grković , CCO at Pin Projekt said “SBTech is undoubtedly the leading platform provider in the gaming industry and we are excited to enter the Big League with them while SBTech has recognized the superior quality and uniqueness of our innovative and integrated services. Having been recognized by such a reputable company will definitely boost our credibility and give us a push to continue developing the best live lottery betting service out there.’’

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