Asia
Rainmaker presents the World’s first-ever Cryptocurrency Fantasy Gaming Platform
![Rainmaker presents the World's first-ever Cryptocurrency Fantasy Gaming Platform](https://europeangaming.eu/portal/wp-content/uploads/2021/07/crypto-sports-betting.jpg)
Revolutionizes the Crypto experience through gamification backed by live events that shape Cryptocurrency exchanges in real-time
Last year, India emerged as the World’s second largest Cryptocurrency market by adoption. With the aim to revolutionize the whole experience, Rainmaker, the World’s first Cryptocurrency fantasy gaming platform was launched today, to offer India’s crypto enthusiasts and crypto curious a whole new and unique trading experience.
Rainmaker is based on the core vision of democratising knowledge for individuals interested in learning the nuances of this investment avenue in a fun way. It offers a near-real experience by gamifying trades and inviting players to learn analytical skills in crypto portfolio management. The platform also offers a similar experience in stock trading, replicating that of actual Stock Exchanges in India. Rainmaker is now available on iTunes and Google Play Store.
Connected to an actual Global Cryptocurrency exchange, Rainmaker’s exchange uses data and references from live events taking place the World over. Players can safely make life like trades in a fantasy gaming environment. They can pick from over 20 different types of paid as well as free contest formats available on the platform. It provides the flexibility to exit when they choose, allowing them full in-game control to stop loss/ profit booking.
Shedding more light on the thought behind this pioneering idea, Harsh Himmatsingka, Founder & CEO, Rainmaker said, “While India’s love for cryptocurrency trading has outdone that of even the US and China, the knowledge around how to maximize one’s investment in crypto trading is still limited. With Rainmaker, it is not only the crypto literate that we hope to attract, but also those who are unsure but crypto curious, that we hope to arm with the knowledge needed to confidently become an actual crypto trader.”
He went on to add, “Even in stock trading, India is witnessing greater participation from a wider pool of individuals with young professionals rapidly joining the fray. Many of these are coming from tier II and III towns which is encouraging and a strong indicator of a growing investment and earnings mindset. With Rainmaker, we hope to further fuel this trajectory. And for the numerous gaming enthusiasts who are simply looking for high-octane fun, Rainmaker offers the right mix of adrenalin and know-how to create a fulfilling experience.”
Rainmaker is the flagship product of First Stock Contest Limited which is a tech startup established in 2021 in the Real Money Gaming (RMG) space. First Stock Contest Limited aims to build products that redefine the RMG sector with its industry best in design and technology, and by creating gamification-focused learning avenues for sustainably building wealth.
Asia
PAGCOR BRAVES FLOODS TO HELP DISASTER-HIT COMMUNITIES
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/PAGCOR-BRAVES-FLOODS-TO-HELP-DISASTER-HIT-COMMUNITIES_20240726_120712_0000.png)
At the height of the downpour and massive flooding in Metro Manila and nearby provinces Wednesday, volunteer teams from the Philippine Amusement and Gaming Corporation (PAGCOR) started bringing relief packs to affected communities.
Classes and government work were suspended on Wednesday and Thursday due to the widespread flooding, but PAGCOR volunteers went into action nevertheless.
“Even at the height of the flooding, and even before the President ordered government agencies to provide assistance to affected communities, PAGCOR employees already went to action to help those in need,” PAGCOR Chairman and CEO Alejandro H. Tengco said.
The PAGCOR chief said that since July 24, the agency has delivered more than 21,000 food and non-food relief packs for thousands of affected families.
“After the heavy rains subsided and it was safe to do so, we started bringing immediate aid to flooded communities in Caloocan City on Wednesday, followed by relief operations in Valenzuela, Malabon and Malolos, Bulacan the next day,” he said.
Mr. Tengco added that PAGCOR was scheduled to distribute relief goods to the cities of Marikina and Navotas on Friday as well as to affected towns in Bulacan like Calumpit and Bulakan which were all submerged in floodwater.
“It has been second nature to PAGCOR to immediately respond to the needs of affected communities in times of disasters,” he said.
“We understand that while it is part of our mandate to contribute to nation-building, it is also our moral obligation to help ease the plight of Filipinos in times when they need help the most,” the PAGCOR chief added.
He said PAGCOR’s relief operations are ongoing, with more employees volunteering to help repack relief goods Saturday and Sunday in the agency’s warehouse in Imus, Cavite to support distribution efforts in the coming days in Bataan, Batangas and Cavite.
Asia
AGTech Wins Lottery Terminal Supply Tenders for Shaanxi, Zhejiang and Jiangsu Provinces
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/4-9.jpg)
Lottery and integrated technology and services company AGTech Holdings Limited (AGTech) has announced that one of its wholly-owned subsidiaries has successfully won procurement tenders to supply lottery terminals to Sports Lottery Administration Centres in Shaanxi province, Zhejiang province and Jiangsu province of the People’s Republic of China.
AGTech already has previous success in the China market, having won a bid in 2018 for supplying its new dual, touchscreen lottery terminals to the Chinese provinces of Guizhou, Shanghai and Hebei.
Even before this, AGTech introduced new instant win games, launched in partnership with Chinese logistics firm SF Holdings across Shenzen, Nanchang, Changsha and Nanjing.
Asia
Philippine President Marcos Announces Ban on POGOs
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/2-8.jpg)
Philippine President Ferdinand Marcos Jr has banned the establishment of any new Philippine Offshore Gaming Operators (POGOs), also known as Internet Gaming Licensees (IGLs), with immediate effect. Existing POGO operators will have until the end of the year to wind down their operations.
The verdict, not entirely unexpected, was delivered during his State of the Nation Address in Manila on Monday following widespread pressure from a Senate investigation into illegal POGO-linked activities.
“Effective today, all POGOs are banned. I hereby instruct [gaming regulator] PAGCOR to wind down and cease the operations of POGOs by the end of the year,” Marcos said in his SONA.
The decision to shut down POGOs follows a series of recent raids on illegal POGO compounds in Pampanga and Tarlac amid allegations they had been engaging in human trafficking and scam activities.
A full ban, proposed by multiple senators, had also gained the support of the Department of Finance (DOF) and the National Economic and Development Authority.
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