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Virtual reality (VR) arcades are popping up to let people experience the computer-generated worlds without having to buy a headset. The nascent VR gaming industry earned $286.7 million last year, per SuperData Research. However the firm projected it will grow into a $2.3 billion industry by 2020.
League of Extraordinary Gamers, a gaming centre in Bengaluru's tony suburb of Indira Nagar, is humming with activity on a Thursday afternoon. Bathed in a mellow green light, it has the slow buzz of gamers murmuring to each other on their headsets mid-game. A quiet group of spectators is transfixed by ...

Virginia lawmakers are advancing new gambling legislation that could bring Thoroughbred horse racing back to Colonial Downs, the New Kent County track that closed in 2014. The year before the shutdown, Alan Garcia rode war Dancer (seen here in the middle) to victory during the 16th running of the ...
Nvidia shares rose as Wall Street is growing more optimistic on the company's opportunities in key growth markets. The chipmaker reported better-than-expected fiscal fourth-quarter earnings and guidance Thursday. Nvidia's biggest business segment, gaming, produced $1.74 billion in revenue, above the ...
In Malta, corporation tax for gambling companies is 5% - it's effectively a tax haven. This has created a race to the bottom, where regulators effectively become facilitators, competing with each other for business. But if an operator is based overseas, it can still access the lucrative British market by obtaining a ...
'Time to wake up': gambling industry criticised over sexism ... Undercover filming by the Guardian at the annual ICE Totally Gaming event in London revealed several companies defying a warning issued by Sarah Harrison, chief executive of the UK Gambling Commission, to tackle chauvinism at the trade ...

As one of the hot items to watch going into Microsoft's second-quarter earnings release, it was good to see that Microsoft's cloud-computing server business, Azure, saw exploding growth yet again. Azure revenue rose 98% year over year, up from 90% growth in Q1. But Azure wasn't the only growth driver in ...
The resignation of chief executive Steve Wynn may mark a substantial step toward getting Wynn Resorts out of the crosshairs of Massachusetts regulators, but the casino giant remains under a cloud of scrutiny. A day after Wynn stepped down as the head of the company he founded, the state gaming ...
The three-day ICE Total Gaming event, held at London's ExCel centre, is an international showcase for the industry, attended by betting companies, ... Ms Harrison, who is leaving the Gambling Commission for a role at the Department for Business, Energy and Industrial strategy, spoke at the ICE event ...
Google is developing a game streaming service, codenamed Yeti, according to a report released on The Information website. The service would add Google to a growing part of the video game business that lets people play games without having to download them, and would reportedly use cloud servers for broadcast.
marketing, of course, is another industry built around eliciting an emotional response. Emotionally intelligent marketing has well-established benefits for companies' bottom lines. For example, the Harvard Business Review reports on a credit card company which marketed a product meant to connect ...
TIRED OF WINNING: Casino developer Steve Wynn rests his head on his hands during a meeting of the Massachusetts Gaming Commission at the Boston ... The commission opened a new investigation into Wynn and his company following a story last month detailing allegations of decades of sexual ...
gambling companies have defied calls to stamp out sexism at an industry conference, with guests being entertained by pole dancers and a ... than 24 hours later, the gaming software company Microgaming kicked off the conference with a Playboy-themed dance show, celebrating the release of a gambling ...
Gambling Commission chief executive Sarah Harrison will warn that the regulator could boycott the ICE Totally Gaming event, the world's largest gambling industry conference, unless attitudes change. Past guests at the conference have said companies hosting stands frequently use "scantily clad" women ...
The ICO is a type of crowdfunding for the blockchain industry. A company introduces a number of scrips and raises funds by handing over the ownership of those scrips to interested parties. Ethereum succeeded in raising 1.8 million dollars with the ICO in 2014, and Waves raised 1.6 million dollars in 2016.
Although Deadwood saw a promising double-digit increase in gaming revenue for December, it still wasn't quite enough to push the industry into positive for 2017. Mike Rodman from the Deadwood gaming association says they had a rocky start in the first half of 2017... saying numbers were down about ...
In a lot of ways, the video game industry is entering a golden age, as clearly seen just by looking at the rapidly ascending stock prices of leading game makers. NVIDIA senses the opportunity and has started to offer additional products and services besides graphics cards to capitalize on a gaming market ...

For over 50 years a family little-known in Sydney society has controlled legal gambling in Tasmania. ... The company's chairman, Greg Farrell Sr, ran a public campaign reassuring nervous locals that their development would be more hotel than gaming den, that it would attract high-rollers from around the ...
Video game companies are making hundreds of millions of pounds out of "gambling-like" features in games played by children and teenagers, it has been claimed. Popular games such as FIFA Ultimate Team (FUT) are allowing players to purchase items, colloquially known as "loot boxes", that give out ...
Microsoft (MSFT) has been competing with Sony (SNE) in the gaming industry for about 17 years since the first Xbox was released. The company has had its ups and downs over the period, but the last five years were not very successful for MSFT: Sony with its PlayStation 4 clearly outperformed Microsoft's ...
There are numerous ways blockchain technology can affect the gaming industry in the future. Using blockchain for trading in-game assets is one popular venture. There is also an option to integrate cryptocurrencies into existing games. Especially when it comes to online games, this latter option is well ...
The offers were designed to attract players to casino-like gaming websites, such as roulette and poker, by giving bonus funds when players put in their own money. Leading ... gambling companies must end misleading online 'free bet' offers or face action, the competition watchdog has warned. Credit: PA.
Vegas Strip casinos saw gambling revenue fall 3.2 percent in December from a year ago, according to Nevada's gaming regulator. ... "What happens is that convention business has been doing a lot of the heavy lifting for companies like Las Vegas Sands and Wynn Resorts, etc. because that market I think ...
While Microsoft continues to be buoyed by enterprise and cloud services like Azure, chief executive Satya Nadella tried to reassure analysts that Microsoft still has a consumer strategy: Xbox, PC gaming, and devices powered by digital assistants like Cortana. But he wasn't especially convincing. With the ...
There are nearly 2.2 billion active gamers in the world, 47 per cent of which spend money while playing games. That is nearly 1 billion people according the gaming intelligence firm Newzoo's Global Games market report. A lot of games involve players purchasing tokens or coins to advance in levels or to ...
Gambling, in one form or another, has been around for almost as long as civilization. It is a pastime, and a lucrative business, that has been able to grow and evolve. And now, in the 21st century, it is bigger than ever thanks to the internet and online gambling. However, this $44 bln industry of online ...
Massachusetts gambling regulators are holding a special meeting to discuss sexual misconduct allegations against casino magnate Wynn, whose company is building a $2.4 billion casino outside Boston. The Massachusetts Gaming Commission will receive an update on an investigation on Wednesday, ...
The Android version, which is priced at $4.99 with no in-game ads or purchases, puts you in the great decade of the 1980s, when the video game industry was still a new type of business. You not only have to have your team members design and make games, but you also much research new technology, ...
Microsoft's gaming software and services revenues were also up, but not as sharply. The company saw a 4% rise year-over-year, with continuing growth in digital distribution helping offset first-party AAA revenues that were down compared to the previous holiday season. Microsoft's 2016 holiday lineup ...
Parliamentary Secretary expresses satisfaction that major gaming company will maintain HQ in Malta ... Parliamentary Secretary Silvio Schembri said, "The gaming industry has registered a double-digit growth of 11.6% last year and is expected to maintain this level of growth in the coming years especially ...
facebook continues its efforts to become a viable platform for content creators with the launch of a pilot program designed to get more streamers using the social network. The program was announced (but not overtly detailed) via Facebook's developer blog, where the company pledges to assist successful ...
Terry Land, of Sumter, pleaded in federal court to tax evasion and to operating a gambling business, according to U.S. Attorney Beth Drake. ... The investigation revealed that several video poker companies were operating in and around the Midlands, with Land being involved with Lucky's Cyber Center, ...
But with big Corporations controlling huge swaths of the gaming industry, the precepts of video gaming have inevitably changed - and the field's artistry has been subsumed by the need for profit. ... If I could walk into an arcade and beat a game on my first try, then that wouldn't be a viable business model.
The Gambling Commission said it wanted the extra powers to help raise advertising standards across the gambling industry, with the hope the threat of a fine may mean companies would act more responsibly. The prominence of gambling advertising is a high profile issue at present, with a focus particularly ...
Others believe the gaming industry is becoming increasingly reliant on gambling-like mechanics to make money, which, according to Keith Whyte, Executive Director with the National Council on Problem Gambling, could explain the reluctance of companies to recognize loot boxes as a form of gambling.
"The high schools and colleges are pushing out talent, which comes to the festival," Gardel said. "And we're showing them international role models from game developers and leaders in the industry. When we started, people wanted to become programmers for banks and Corporations, and now everybody ...
Considering these legal implications ahead of time can pave the way for a happy marriage between the soon-to-be billion-dollar gaming industry and VR. According to Business Insider, VR headsets alone will grow to a $2.8 billion industry in 2020. Goldman Sachs predicts revenue from all categories of VR ...
The regular session of the Louisiana Legislature is less than two months away, but Jeremy Alford says the state's gaming industry--everyone from Louisiana's 15 riverboat casinos and video poker interests to New Orleans' land-based casino--is already engaged in policy discussions at the State Capitol.
A ban on using credit cards for online gambling and a mandatory levy on gambling firms to fund addiction treatment are among last-minute ... As it stands, gambling companies contribute 0.1% of their revenues on a voluntary basis, a pledge that GambleAware, the main conduit for the funds, says many ...
The online gambling industry is showing record growth year after year, with projections that the global online casino market can reach almost a $100 billion in the next 7 years. This rising trend, coupled with the increasing popularity of blockchain technology and its inherent utility for casino applications, has ...
The "Voter Control of Gambling Amendment," largely bankrolled by a Disney company and the Seminole tribe of Florida, would require voter ... The amendment pits the state's gambling industry against anti-gambling advocates in what is expected to be a high-dollar campaign before the fall election.
Their attitude, spirit, visions, and creativity have attributed to some of the most pivotal and progressive changes in the industry. ... Minecraft's endless sandbox world and near infinite content has had a huge impact on the gaming community thanks to its coverage on social media platforms, most notably ...
"The report examines the impact the gaming industry has had in Mississippi during 2017 from tax revenues, to jobs and wages paid, to charitable giving," he said, "and we look back at 25 years of gaming in Mississippi. We also examine visitation trends and give a glimpse of what we think lies ahead in ...
Wargaming, an online game developer and publisher, is using its game "World of warships," which allows users to battle one another using iconic vessels, to raise awareness and money for Battleship Texas. "We are thrilled to partner with Wargaming on this endeavor," said Bruce Bramlett, executive ...
Gamers and game developers including Machine Zone Inc. have sparred over whether virtual game items, anything from cats to swords to cloaks, are "things of value" for purposes of gambling laws. Courts have been grappling with how to answer that question even before the gaming industry began using ...
China's gamer-base is huge. But a large proportion of gamers remain invisible to the rest of the world, as they reside largely within China's tightly controlled internet. Meanwhile, China's Tencent Holdings has quietly become the world's largest gaming company, rivalling facebook in being the world's fifth ...
The gaming industry is experiencing a significant boom as emerging innovations are causing people to spend more time on gaming platforms especially with multiple gamers systems. These developments and attractions are playing important roles in placing the gaming industry as one of the most ...
Investing in an initial coin offering (ICO) is a bit of a gamble in and of itself, so it's fitting that more gambling and gaming companies have raised money via the fundraising method than any ... "This trend shows no sign of slowing, leading to concerns from industry experts and regulators of over-capitalization.
The first device, an update to Netgear's Nighthawk Pro line, is the company's XR500 gaming router, which comes with a 1.7GHz dual-core processor, four gigabit ethernet ports, and a gaming-focused software dashboard for monitoring bandwidth usage and enabling geofilters to prevent connections to ...
PwC says the new 35 per cent tax on all gambling revenues is higher compared to other African countries like South Africa which charges 9.6 per cent, Rwanda (13) and Uganda (20). Neighbours Tanzania replaced corporate tax in the gaming industry with a six per cent tax on revenue as an incentive to ...


 

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