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BETER has partnered with Asia Pro League tournament organizer

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BETER has partnered with Asia Pro League tournament organizer
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Sports and esports betting provider BETER became a partner of Asia Pro League, a new sports league in Central Asia. This partnership aims to equip Asia Pro League basketball events with reliable and accurate trading provided by BETER and create a wide content variety for world betting operators.

The participants of the tournament are ten teams of local athletes. One season lasts six weeks, and the very first has already started on April 19th. Each season of the League consists of 2 laps, 9 rounds + play-off, and +1 match for the last place, which means 110+ events in total. Games are played on Monday-Friday, and there are 3 matches per day.

“Asia Pro League is a new tournament organizer in the industry that creates top-tier content. We are thrilled that they’ve invited us to beterize their tournaments. BETER is both a content and data provider for betting operators and a platform for tournament organizers who have already achieved certain business success and are willing to provide the sports betting industry with their content. BETER not only supplies Asia Pro League basketball tournaments with trading solutions, but we also develop an efficient events schedule and implement tech side of incident and data feed transfer,” said Alex Barkar, CEO of BETER.

Asia Pro League holds basketball and other sports and esports tournaments and organizes their live streaming with an in-house production team. BETER makes these tournaments’ beterable,’ i.e., supplies them with trading solutions for instant bet settlement.

“Asia Pro League is proud to have partnered with BETER. I’m sure this partnership will give both companies benefits and new perspectives.” said Vasilii Fokin, representative of Asia Pro League.

Asia

Galaxy Racer To Invest RM42 Million (US$10 Million) Into Malaysia’s Esports Ecosystem

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Galaxy Racer To Invest RM42 Million (US$10 Million) Into Malaysia's Esports Ecosystem
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Galaxy Racer (GXR), founded in 2019 by Paul Roy, is the largest esports, gaming and lifestyle organization in the world, headquartered in Dubai, with over 100 content creators across Southeast Asia, the Middle East North Africa, South Asia and Europe, with over 500 million followers and over 2.5 billion monthly views, signed a Memorandum of Understanding (MoU) at the Expo 2020 Dubai, witnessed by Tan Sri Annuar Musa, the Minister of Communications and Multimedia Malaysia (KKMM) and Mahadhir Aziz, the CEO of Malaysia Digital Economy Corporation (MDEC).

Galaxy Racer is one of the participating companies in the Malaysia Digital Economy Week, which was launched on January 12th 2021, at the Expo 2020 Dubai by Malaysia’s Communications and Multimedia Minister, Tan Sri Annuar Musa.

Galaxy Racer has announced a projected investment of RM42 million (US$10 million) in Malaysia within the next five years and plans to organise more esports events and tournaments to facilitate and boost the country’s esports ecosystem.

Galaxy Racer aims to boost the involvement of females in esports, adding that it had organised the ‘Girl Gamer Festival World Finals’ in Dubai, which was the first and only esports festival to celebrate women’s competitiveness in video games, and ‘Her Galaxy’, the first women’s esports tournament in Pakistan.

Galaxy Racer will be launching its Asia Pacific headquarters (APAC HQ) in Malaysia in 2022 and is looking to position Malaysia as its digital hub in the region. The APAC HQ will focus on six business verticals – content, esports teams, content creators, esports and gaming events, merchandising, a music label and an upcoming world-class visual effects (VFX) animation studio, positioning Galaxy Racer as a global content powerhouse and market leader in the digital content industry.

Galaxy Racer plans to be a catalyst by providing highly-skilled jobs and the opportunity for Malaysians to work in an international esports, gaming and lifestyle organization, which will contribute incremental revenue to the country via its intellectual properties in the digital content industry.

CEO of Malaysia Digital Economy Corporation (MDEC), Mahadhir Aziz, said: “As part of our mission to drive the digital economy with high-impact initiatives, MDEC is committed in growing the esports industry in Malaysia and together with industry leaders such as Galaxy Racer, I am sure we will be able to elevate the industry to greater heights. Their investment into Malaysia will contribute greatly into the esports industry.”

Founder and Group CEO of Galaxy Racer, Paul Roy, said: “Galaxy Racer believes in MDEC’s vision for Malaysia to become a high-value-added economy and a net exporter of home-grown technologies and digital solutions. We are excited to establish our APAC headquarters in Malaysia and we appreciate the support by MDEC and KKMM in facilitating foreign direct investments into Malaysia, with the

MSC status application, ease of doing business and gaming-related industry grants. We look forward to creating a positive impact in the esports and digital economy and elevating the quality of the talent pool in Malaysia.”
The digital economy is becoming one of the biggest contributors to Malaysia’s gross domestic product (GDP), making up to 22.6% of the nation’s economy. It is expected to contribute as high as 25.5% by 2025, outperforming the traditional largest contributor to the nation’s GDP – oil and gas. Galaxy Racer believes that MDEC would also be the catalyst for the nation’s Fourth Industrial Revolution (IR 4.0).

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Asia

China Investigated More Than 17,000 Cross-border Gambling Cases Last Year

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China’s Ministry of Public Security has recently stated it has investigated more than 17,000 cross-border gambling cases in 2021.

According to statements, more than 80,000 suspects have been detained while 2200 online gambling platforms were shut down.

The ministry stated: “Domestic crackdown actions on customer solicitation networks, money laundering activities and illicit financing channels used by large-size overseas gambling groups were successful.

“All endeavours will be made to resolutely deter cross-border gambling and eradicate the breeding ground for cross-border gambling.”

From March 1, 2021, China’s revised Criminal Law made it illegal for anyone who assists in cross-border gambling.

Before the entry into force of the new code, the three mainland law enforcement agencies issued a joint statement in early February last year, calling on individuals to surrender or assist in judicial investigations of cross-border gambling activities.

The authorities said at the time that in return they would consider lenient treatment when dealing with such issues.

The Ministry of Public Security of China pointed out that more than 1100 suspects whether in mainland China or elsewhere-had “surrendered” to the Chinese authorities regarding cross-border gambling crimes.

Last June, new measures to fight cross-border gambling were also announced by the Cyberspace Administration of China (CAC).

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Asia

Wakayama Opposition Group Submits Over 20,000 Signatures for Referendum on IR Bid

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A group of citizens in Wakayama city called the “Wakayama Resident’s Group for Questioning the IR Bid” submitted a petition to Mayor Masahiro Obana on Friday containing 20,039 signatures and demanding a referendum regarding the city’s planned IR bid. The city accepted the petition.

The number of signatures accounts for approximately 6.5% of the city’s voting population and far exceeds the 2%, or 6200 signatures, required to take such action.

Upon direct acceptance by the city, Mayor Obana must call a city council meeting by 26 January (within 20 days of acceptance) and make a proposal for referendum to the council, including his own opinion. If passed by the council, the referendum will go ahead.

A consortium headed by Clairvest Neem Ventures was selected as Wakayama’s preferred operator partner in June 2021 and a basic agreement between the operator and prefecture was signed in August. It was announced at the end of September that US casino giant Caesars Entertainment would participate as casino operator should the central government approve Wakayama’s IR bid.

Clairvest is currently working with the prefecture to put together a regional development plan, which must be submitted to the central government by 28 April.

However, a series of resident briefings that had been planned for last November were postponed after it was pointed out that specific details around the provision of capital and funding had not been disclosed.

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