Latest News
Casino Boom in Japan
Even though gambling has been banned in Japan for years, Japan is considered one of the world’s largest emerging gambling markets. It’s no secret that the Japanese are passionate and attracted to gambling games. Vera & John, an online casino with a strong reputation, is becoming increasingly popular in Japan. Gambling has always been regulated in Japan with prudence, according to history.
Short History of the Gambling Industry in Japan
When gambling was first documented in Sugoroku in the 7th century, it was played by Emperor Temmu. By the end of the eighth century, gambling had become extremely popular despite many bans. Horse racing betting has always been extremely popular in Japan. Even though Japan’s gambling culture has been banned many times, it has gradually evolved.
Gambling in Japan Today
The integrated resort’s policy allowing land-based casinos in Japan has recently attracted international attention. Compared to horse racing, bicycle racing, powerboat racing, motorbike racing, and soccer, casinos are a very late addition to the array of government-managed gambling. Besides the national lottery, there are scratch cards and Toto sports lotteries. The “entertainment machine” industry is in a separate category.
Japan Casino Regulatory Commission should have ample time to prepare for opening the first casinos since land-based gaming regulation is still in its infancy. The operation and regulation of gambling in Japan have changed significantly over the past few years.
Online gaming is one of the fastest-growing industries in today’s Japanese gambling industry. The decision was influenced by several factors, such as quarantine restrictions, bans, or simply a desire to play from home.
The Japanese market has been added to Google’s list of countries where gambling apps will now be available on the Google Play Store starting on March 1st, 2021. International online gaming industries perked up when this change was made, but it applied only to government-regulated gambling.
Why Online Casinos Are Booming in Japan
Over the last year, online casinos like verajohn have grown in popularity in Japan. Many people have decided to try online gambling for the first time, even if they had never previously considered it. Many new players are attracted to online casinos because of their welcome bonuses and promotions. Playing at online casinos has become easier and more affordable than ever before.
The variety of games available at online casinos has also contributed to their popularity. There’s also a large selection of games by leading game providers at every trustworthy casino. Due to this, internet gambling in Japan has become so popular and will continue to grow over the coming years.
Latest News
Major affiliate QiH Group reports impressive Q4 and FY 2024 financial results
QiH Group, a prominent iGaming affiliate, has announced its financial results for Q4 2024, the three-month period ending 30 September. The results showcase robust performance and ambitious growth in a rapidly evolving, highly regulated and increasingly competitive online market.
Key Q4 Highlights
-
Revenue: £6.33m, a 73% increase from Q4 2023
-
EBITDA: £1.43m, a 90% increase from Q4 2023
-
FTDs: 49% increase from Q4 2023
Key FY24 Highlights
-
Revenue: £20.57m, a 59% increase year-on-year
-
EBITDA: £4.85m, a 59% increase year-on-year
-
FTDs: 43% increase year-on-year
CEO Comments
“We are thrilled to report strong quarterly results that underscore our commitment to innovation and customer satisfaction in the iGaming space,” said Jamie Walters, CEO and co-founder of QiH Group. “Strategic enhancements to our in-house tech, growing the business rapidly and appointing the absolute best people to our C-level team has clearly paid off.”
Operational Highlights
-
Strengthened C-suite leadership team with the hire of leading CTO Sachin Saxena
-
Expanded into a new sports vertical through the successful launch of Podium Bets, with sports betting expected to deliver up to 15% of full-year revenue activity in 2025
-
Average headcount growth of 16% for Q4 2024 and 15% for FY 2024, leading to a significant expansion of the London office
-
Entered strategic partnerships with 120 partners, delivering our trusted high quality traffic experience as further evidence of our successful internal strategy
Post-period Outlook
-
Finalised C-suite leadership team with the hire of leading CFO Simon Winder
“As we head into the next trading year, QiH Group looks primed to go from strength-to-strength. Our C-level team is now complete and we have been able to attract some really impressive individuals to our most important senior positions, as proven by our recent hires. Our focus on compliant methods, data-driven results and responsible marketing will enable us to continue delivering value to our partners, clients and customers for the long term,” said Walters.
Latest News
BETBAZAR strengthens product line-up with GR8 Tech partnership
Industry-leading B2B iGaming marketplace unveils collaboration with the high-performance sportsbook and iGaming platform provider to supply even more solutions to clients
Betbazar – the innovative technology company behind the world’s leading B2B iGaming marketplace – has this month revealed details of a recent partnership with GR8 Tech that will enable it to provide an impressive array of sportsbook solutions to customers.
With GR8 Tech being one of the industry’s most forward-thinking providers of sportsbook and iGaming platform software, the collaboration means all BETBAZAR clients will be able to choose from a wide range of products aimed at providing a more immersive online experience to players.
While GR8 Tech’s award-winning sportsbook platform, MTS (managed trading services), and streamlined iFrame will all be available via the BETBAZAR marketplace, the star of the show from an operator’s perspective will certainly be the company’s critically acclaimed sportsbook data feed.
GR8 Tech developed this innovative solution to empower iGaming companies to supply an enhanced sportsbook experience to their customers. The GR8 Feed delivers real-time odds, scores, and statistics on approximately 100,000 events from the industry’s most trusted providers.
Covering everything from esports to American football, the feed itself is seamlessly integrated through an API and can harness the power of artificial intelligence to deliver live alerts and a dashboard that breathes life into customers’ statistics. All of this is backed up by bulletproof security features and a dedicated support team that’s available 24/7, 365 days a year.
Given the data feed’s scope to improve clients’ revenue streams and the myriad benefits offered by all of the other GR8 Tech solutions, the partnership will further establish BETBAZAR’s marketplace as the go-to destination for customers’ iGaming needs. Both parties are already looking forward to the numerous opportunities the collaboration should bring.
Alex Iaroshenko, Chief Executive Officer at BETBAZAR, said: “It goes without saying that if you want to be the iGaming industry’s leading B2B marketplace, you have to be able to offer the best products available – and in GR8 Tech’s innovative range of sportsbook solutions, we believe we’ve found a selection of services that will empower operators to offer a best-in-class user experience.
“Covering everything from sportsbook platforms, managed trading services, and the company’s celebrated data feed, the GR8 Tech products available in our marketplace will ensure we remain at the forefront of innovation while also offering a comprehensive range of options to customers.”
Oleksandr Feshchenko, Deputy CEO & CRO at GR8 Tech, said: “At GR8 Tech, we really believe in the quality of our products and their potential to help operators stand out and maximise their revenue streams – so the next step is obviously to ensure they’re seen by as many customers as possible.
“By partnering with BETBAZAR and making our solutions available via their industry-leading B2B worldwide marketplace, we’ll be able to guarantee that even more prospective clients will have access to the services we offer. This will in turn allow us to empower even more operators to provide an enhanced experience to their end users.”
Latest News
Spinosaurus – The Thrilling New Slot Game from PopOK Gaming
PopOK Gaming is thrilled to announce the release of its newest slot game, Spinosaurus – a captivating 3×5 slot that transports players back to the thrilling age of dinosaurs!
With vibrant, colorful visuals and dynamic gameplay, Spinosaurus features the iconic, mighty dinosaur as your guide on an adventurous quest for massive wins. Players can immerse themselves in prehistoric excitement while aiming for incredible rewards.
Key Features:
In the Bonus Game, players encounter the fierce Spinosaurus, spinning for multipliers, free spins, and other exciting rewards. For those eager to jump straight into the action, the Buy Bonus feature lets players skip right into the heart of the adventure for even more fun and potential rewards.
Whether chasing big wins or exploring the ancient world of dinosaurs, Spinosaurus offers a truly wild and exhilarating gaming experience.
Game Overview:
- Provider: PopOK Gaming
- Game Name: Spinosaurus
- Game ID: 134
- Category: Video Slot
- RTP: 96.20%
- Hit Frequency: 37.72%
- Max Win: 2,500x total bet
- Volatility: Medium
- Min/Max Bets: 0.02/100 EUR
- Release Date: October 18, 2024
Dive into the prehistoric era and experience the thrill of Spinosaurus today! Visit popokgaming.com to learn more or contact your PopOK Gaming account manager to add this exciting new game to your platform.
-
Asia6 days ago
NODWIN Gaming partners with Japanese gaming company KONAMI for ‘eFootball Diwali Showdown’
-
Asia7 days ago
Red Bull M.E.O. returns in 2024 to India: BGMI qualifiers lead to thrilling LAN National Finals in Chennai
-
Asia7 days ago
GG.BET is inviting BLAST Premier: World Final attendees to the GG.BOOTH to take part in some fun activities
-
Australia7 days ago
ALLIANCE PARTNERS TABCORP AND 1/ST CONTENT COMPLETE DEAL WITH THE JOCKEY CLUB OF TURKIYE TO DELIVER TURKISH RACING TO AUSTRALIA VIA SKY RACING
-
Africa7 days ago
Tekkorp Launches Strategic Initiative To Capitalize On African Market
-
Eastern Europe7 days ago
ICONIC21 makes Romania debut with Princess Casino
-
Industry News7 days ago
Swedish Gaming Group Cherry Weighs Sale of ComeOn
-
Asia7 days ago
PAGCOR Q3 REVENUES UP 42% TO PHP79.43 BILLION