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IPL Rescheduled and New Dates Confirmed

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IPL Rescheduled and New Dates Confirmed
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The originally planned IPL during the spring had to be postponed due to the Covid-19 pandemic. The issues inside India, plus those faced by players all over the world made it impossible to stage the event.

At the time, the BCCI said the tournament had been postponed and a new date would be made later in the year. After many discussions with new hosts, player representatives, TV companies and sponsors, we now have an agreed date in place for the 2020 IPL.

2020 IPL Dates & Format

The new start date for the IPL has been confirmed as September 19 while the final will be played on November 10.

This gives the tournament 53 days in which to complete and to help with that, a total of 10 afternoon games have been scheduled, giving fans back to back cricket to enjoy. The afternoon games will take place at 15:30 IST while the traditional evening games will begin at 19:30 IST.

Each of the eight franchises will be allowed to name a squad of 24 players for the tournament, but there is one key rule in place for this season only. This is that teams will be able to add an unlimited number of Covid-19 replacements should there be any issues with members of their squad. We have seen a number of different sports and leagues adapting their rules due to the pandemic, this is the IPL’s way of doing that.

Where Will the Tournament be Played?

The IPL has had to move away from India, due to the rising number of cases in the country. Therefore, the IPL in 2020 will all be played in the UAE. This is not the first time this has happened, we have seen IPL games in the UAE in the past. The Asian gaming market is a strong one, they love sports and relish the chance to have top-tier competitions in the area.

Three venues have been named to host games, these are Dubai, Sharjah and Abu Dhabi. This is all subject to local government approval at the moment, but that is supposedly just a case of formally agreeing things and releasing it, something that should happen in the next few days.

This all means no home advantage of any IPL team this season, which is going to change the makeup of the tournament and a big weight will be placed on who can adapt the quickest. This will also have an impact on betting on games, with no home advantage to think about. Betting in India is now legal across a number of sites and the IPL offers a wide range of betting markets and possibilities.

Women’s IPL Also Given Go Ahead

Great news for the women’s game, their version of the IPL has also been given the go ahead to take place in the UAE. Just three teams will take part, and play a total of four games, three in the group stages followed by a final between the top two teams.

These are scheduled to take place during the playoff week of the men’s event, when gaps are available for the women to play, though this has not been confirmed yet.

The easy option for those organising things would have been to leave the women out of things for a year, until we got back to normal in India but they have worked to ensure the women can also play and that is fantastic to see.

Discussions about Bubble Environment

One of the most important elements of the tournament which is still to be decided is how the players will live and interact with each other.

We have seen bubble environments work well for a number of leagues around the world, including the NBA which has all players in Florida at the moment. Discussions are currently taking place surrounding an IPL bubble which will be created in the UAE.

This should keep players safe while they are there, and assuming the protocols are followed correctly and no one breaches the boundaries, if everyone is clear of Covid-19 when they arrive, they should be able to remain that way for the duration of the tournament.

A company named the Tata Group and the BCCI have already had discussions about setting up a bubble for players to enter during the tournament, and these are expected to continue. Adding a bubble environment would certainly raise the chances of big-name internationals travelling for the event.

We have seen England and the West Indies recently form a cricket bubble to play three test matches against each other. It appeared to work well and should give confidence to those thinking of playing in the IPL if a similar situation is set up. 

 

Asia

SCCG Announces Strategic Partnership with Gridlogic

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SCCG Management, a premier advisory firm in the gaming industry with a global footprint and over 100 best-in-class client partners, announced a strategic partnership with Gridlogic, a leading Real Money Technology group and a pioneer in the iGaming industry. This partnership is set to enhance SCCG’s initiatives in the rapidly growing Indian gaming market, leveraging Gridlogic’s innovative technology solutions and artificial intelligence capabilities for player protection.

With Gridlogic’s reputation as one of India’s fastest-growing gaming technology companies, this collaboration marks a significant milestone in SCCG’s efforts to expand its global market entry and distribution of gaming products and platforms. Gridlogic, known for its next-generation technology and artificial intelligence applied to skill gaming, brings to the table a wealth of expertise and a robust portfolio of technology services that include gaming, data management and business transformation.

Stephen Crystal, Founder & CEO of SCCG Management, said: “Our alliance with Gridlogic represents a pivotal step forward in our mission to navigate the complexities of the global gaming landscape. Gridlogic’s innovative approach and technological prowess in the Indian market complement our strategic goals perfectly. Together, we are poised to unlock new opportunities and drive significant value for our stakeholders in one of the world’s most dynamic gaming markets.”

Pariekshit Maddishetty, Founder of Gridlogic, said: “Partnering with SCCG Management is a landmark moment for us at Gridlogic. Their global perspective and deep industry insights align seamlessly with our vision of revolutionizing the gaming sector through technology and artificial intelligence. This partnership not only strengthens our position in the Indian market but also accelerates our journey towards becoming a global leader in gaming technology solutions.”

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PAGCOR TURNS OVER PHP4.59-B CASH DIVIDENDS TO STATE TREASURY

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THE Philippine Amusement and Gaming Corporation (PAGCOR) today remitted a total of Php4.59 billion in cash dividends to the National Treasury to help fund the national government’s efforts in ensuring the country’s sustained economic growth and development.

The latest remittance represents 75% of PAGCOR’s net income in calendar year 2023. It is higher than the usual 50% remittance pursuant to the request of Finance Secretary Ralph Recto to PAGCOR to advance an additional 25% dividend to fund government expenditures.

PAGCOR Chairman and CEO Alejandro H. Tengco said the state gaming firm’s robust earnings from gaming operations enabled it to book Php79.37 billion in gross revenues and net earnings of Php6.13 billion in 2023 as dividend base, paving the way for a higher dividend rate declaration.

“Our remarkable income performance in 2023 set the stage for this higher dividend contribution to the national government, and this epitomizes not just financial success but our unwavering commitment to national development,” Chairman Tengco said.

The dividend declaration consists of Php3.06 billion or 50% of PAGCOR’s 2023 net earnings plus an advanced 25% or Php1.53 billion which may be applied to future dividend remittances.

The dividend check was received by Deputy National Treasurer Eduardo Anthony Mariño III during simple ceremonies at the new PAGCOR Executive Office in Pasay City.

Mariño said the higher remittance from PAGCOR would help set in motion the administration’s socioeconomic agenda as the country is coming from a challenging year where it found difficulty achieving growth targets due to inflation.

“Every peso of this latest remittance from PAGCOR is directly translatable to additional expenditure which can help accelerate growth. This would certainly empower the national government in initiating transformative change this year,” he explained.

The remittance by government owned and controlled corporations or GOCCs of at least 50 percent of their net earnings to the National Government is mandated under Republic Act (RA) No. 7656, otherwise known as the Dividends Law

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SOFTSWISS is Best Platform Solution in Asia

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SOFTSWISS is Best Platform Solution in Asia
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SOFTSWISS, an international tech company with over 15 years of experience in iGaming, celebrates its resounding success in Asia, triumphing in two categories at the Asia Gaming Awards. 

The Asia Gaming Awards convenes key stakeholders from the Asian gaming sector – operators, regulators, suppliers, and service providers – to celebrate achievements within the industry. In 2024, SOFTSWISS earned recognition in the categories of Best One-Stop Platform Solution and Best Affiliate Marketing Solution.

With over 15 years of experience in the iGaming industry, SOFTSWISS crafted a robust ecosystem of products that allows its clients to create an iGaming business from scratch. Having a complete range of products and solutions for online gaming and betting, SOFTSWISS also offers innovative tools for player engagement and a comprehensive system of services.

Over 860 brands employ SOFTSWISS’ software to provide an exceptional player experience to more than six million players from different regions all over the world. Notably, 80% of SOFTSWISS clients are satisfied with the company’s products and services, according to a survey conducted by the leading marketing agency Kantar.

Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, shares his delight: “SOFTSWISS is proud to acquire the esteemed Best One-Stop Platform Solution Award, which testifies to the outstanding contributions of our company to the development of the Asian gaming industry. We express our earnest gratitude to our dedicated team for their tireless efforts and our valued clients for their trust, pivotal to our success.”

Another well-deserved award belongs to Affilka by SOFTSWISS, a modular and feature-rich software platform which helps manage, track, and analyse affiliate performance. 

According to Kantar’s survey, held at the end of 2023, Affilka’s customer satisfaction rate was 8.1 out of 10. At the same time, 97% of respondents expressed satisfaction with Affilka’s service.

Boasting a client’s portfolio of more than 320 iGaming brands in 2023, the affiliate marketing platform shows almost two times YoY growth in affiliate GGR.  

Anastasia Borovaya, Head of Affilka by SOFTSWISS, comments on the recent victory: “We are proud to achieve this recognition in the Asian gaming market. Our team puts a lot of effort into constantly evolving product performance. Let this accolade fuel our unwavering commitment to innovation and excellence, driving us forward as we continue to serve our clients with the highest standards of quality and service.”

Since the beginning of the year SOFTSWISS has already gained such prestigious accolades as Responsible Gaming, Crypto Company, Platform Provider, Software Supplier, and others. The esteemed awards, namely IGA, GGA EMEA, SiGMA Eurasia, EGR Nordics, SiGMA Africa, Asia Gaming Awards stand as obvious recognition of SOFTSWISS’ significant contribution to the iGaming industry all over the world. 

 

About SOFTSWISS 

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

 

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