Asia

Leong Kai Wei Becomes Winner of Malaysia Infinity Nationals 2022

Published

1 year ago

June 14, 2022

Reading Time: 2 minutes

Esports Players League (ESPL) and Yield Guild Games Southeast Asia (YGG SEA) announced Leong Kai Wei as the winner of the Malaysia Infinity Nationals 2022, who won the grand prize of 70 AXS, RM2500 in cash as well as ShopeeFood vouchers worth RM250.

The Malaysia Infinity Nationals 2022 featured close to 100 Axie players from all over Malaysia battling it out in an intense preliminary round of matches, which took place on 3 June 2022. The top eight players advanced to the grand finals on 5 June 2022 where participants battled for a slice of the 195 AXS prize pool and cash prizes. The tournament was streamed live on ESPL tournament platforms and on Shopee Live.

“I felt great after winning a tournament with such a big prize pool and I think the format and organisation are all fine for this tournament. I have faced tough matchups especially against Gilgamesh and Biggabbie where one misplay could have cost me the game but I was able to keep a calm mind and managed to get the final victory,” Leong Kai Wei said.

“Malaysia Infinity Nationals 2022 has marked another incredible milestone in our competitive esports scene. This tournament represents our efforts to continue developing more tournaments in the future to support the growing local blockchain gaming and play-to-earn (P2E) communities. ESPL aims to further establish a fair and wholesome esports platform that empowers users with the opportunity to fully experience this new era of gaming,” Stephanie Kuan, Chief Operating Officer of ESPL, said.

“It is interesting to take advantage of the growing popularity of NFT games such as Axie Infinity as this tournament has showcased variety, depth and interest of gamers that expands beyond the conventional. With ESPL, YGG SEA aims to be at the forefront of the local P2E community and provide them with the correct tools to kickstart and succeed in their journey in cryptocurrency. We continue to believe in the possibilities and potential of P2E blockchain games plus its role in benefitting the esports ecosystem and virtual economy. Hence, YGG SEA intends to develop more competitions in esports and blockchain games to hone more skillful players from the community, and at the same time hoping to bring millions of players into the metaverse,” Ryan Kan, Marketing Manager for YGG SEA Malaysia, said.

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Asia

PAGCOR Licensees Give PHP60-M for New VMMC Wing

Published

3 days ago

September 26, 2023

Niji Narayan

Reading Time: 2 minutes

The Veterans Memorial Medical Center will soon have more patient rooms with the start of construction for the Magiting Veterans Wing on Friday, September 22, through a Php60 million grant from two licensees of the Philippine Amusement and Gaming Corporation.

The Magiting Veterans Wing is a project initiated by the Philippine Military Academy Magiting Class of 1970 with funding support from Bloomberry Cultural Foundation Inc. (BCFI) and Newport World Resorts Foundation, Inc. (NWRFI), among others.

The two foundations, representing Solaire Resort and Newport World Resorts, respectively, each released Php30 million with PAGCOR’s approval.

The project will be carried out in two phases. The first will be sponsored by BCFI and covers civil, structural, mechanical, electrical, masonry works and roof deck waterproofing while the second phase will be funded by NWRFI and consists of works, fixtures and devices.

The Magiting Wing will have a total floor area of 1379.84 square meters and will house 12 new private rooms inclusive of four suites, a nurse station, lounge area, hallway, storage, access ramp and connecting bridge to the main hospital building.

PAGCOR Chairman and CEO Alejandro H. Tengco said the agency approved the grant from the casino foundations because of the project’s noble objective.

“PAGCOR recognizes the patriotism and sacrifice of Filipino veterans who dedicated their youth, vigor, strength and even lives for our country. By supporting this noble project, we show our gratitude to our modern-day heroes and their families,” he said.

Tengco said all integrated resort casino licensees in the country are required to put up a foundation to fund Corporate Social Responsibility programs on education infrastructure, health facilities, environmental preservation and cultural heritage restoration.

Two percent of the licensees’ gross gaming revenues from non-junket tables automatically go to such foundations.

Defense Secretary Gilberto C. Teodoro, who graced the ceremonial concrete pouring for the project, expressed gratitude to the project supporters.

“As donee, we will provide the necessary maintenance and other operating expenditures to see to it that your donations will not go to waste,” he said.

Teodoro said other plans to improve the welfare of Filipino veterans include decentralising the VMMC’s services and the upskilling of hospital personnel so that doctors and specialists can focus more on caring for patients.

“No soldier ever retires. They are always a part of the system. They provide guidance and support to our active personnel hence their job as a soldier is never done,” he said.

Aside from BCFI and NWRFI, other major sponsors of the Magiting Veterans Wing project are DMCI, San Miguel Corporation and some retired military personnel.

Asia

Dubai Racing Club Opts for TPD’s Horse Tracking Solution

Published

1 week ago

September 21, 2023

Hunor Pal

Reading Time: < 1 minutes

Total Performance Data, the world’s leading horse racing live data provider, has announced today that Dubai Racing Club is a new client.

Following successful live trials at last Spring’s Super Saturday and Dubai World Cup meetings, Dubai Racing Club has signed a multi-year deal to use TPD’s services beginning with the new season at Meydan Racecourse on Friday 10 November. This extends TPD’s content footprint in the fast-growing Middle Eastern horseracing scene where both of Saudi Arabia’s racecourses are already live.

TPD will produce live and post-race timing stats for every horse as well as live running order graphics for the world’s biggest set of on course screens, including the new 4k big screen.

Will Duff Gordon, CEO of TPD, commented: “We are very excited to be further enriching the wonderful racing that takes place at Meydan and look forward to a successful partnership. I’d like to thank our engineering partners at Gmax for so rapidly delivering the live service back in March.”

Mohammed Riaz, Head of IT for Dubai Racing Club, said: “When Trakus ceased trading we were impressed with the speed of set up and quality of output when Gmax and TPD met our needs for the climax of last season. We are excited to use this content on our new 4k big screen as well as for our international audience.”

The new season at Meydan Racecourse begins on Friday, November 10^th and concludes with the $30.5million Dubai World Cup meeting on Saturday, March 30^th.

Asia

Niko Partners ‘India Games Market’ Report – India retains title as Asia’s fastest-growing video games market in 2023

Published

1 week ago

September 21, 2023

Hunor Pal

Reading Time: < 1 minutes

The recently published “India Games Market Report 2023” report by Niko Partners, states that India retained its title as the fastest-growing video games market in Asia. The total gamers in India are forecasted to have surged a remarkable 343% in the 10 years between 2017 and 2027, climbing to 641.2 million in 2027.

Video games revenue is also on the rise, forecast to increase 21% YoY in 2023 to $868 million. Factors such as higher disposable income, the growth of internet connectivity, and low-cost smartphones are propelling India’s video games market forward.

Below are the key findings of the report:

Meteoric rise in revenue: Niko Partners projects India video games revenue across all platforms to reach $868 million in 2023, up 21.2% YoY. India’s video game market is the fastest growing by gamers and revenue, which is forecast to reach $1.6 billion by 2027, growing at a 5-year CAGR of 17.2%. The report excludes revenue generated from Real Money Games.

Player base keeps on expanding: The number of gamers in India across all platforms is forecast to reach 444 million in 2023, up 12.1% YoY, and reach 641.2 million in 2027, growing at a 5-year CAGR of 10.1%.

Dominance of mobile gaming: India is a mobile-first market with 96.8% of total gamers playing on a smartphone or tablet.

Game-spending is on an upward trajectory: 31% of the 444.4 million gamers will spend on video games in 2023, with annual ARPPU reaching $6.38.

Esports continues to gain momentum: 71.8% of the total gamers have engaged with Esports by either playing an Esports game, watching or participating in an Esports tournament.

Encouraging factors in terms of revenue growth and brand investment: The return of BGMI and Free Fire are positive signs for the industry and foreign game companies looking to enter the market.