Asia Gaming Awards 2016

Latest Intelligence is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. AGB relies on an extensive network of regional advisors and contributors to ensure that the published content is real, topical and based on fact.

6, May 2016
Macau industry observers, gaming analysts, and even casino operators are now admitting that the decade-old party has run out of steam, if not over. The “build it and they will come” maxim and its attendant hubris that has characterized the Macau gaming industry since 2003 are now causing deep concern to operators and investors alike. To counter the downturn, the knee-jerk reaction has been to cut costs, directly affecting customer service. This could be a disastrous strategy. According to a...
6, May 2016
Macau’s junket sector, which has been under pressure due to falling VIP revenue and a series of scandals, now faces government reform. As pressure mounts over compliance with anti-money laundering regulations, the sector is likely to face requirements for greater disclosure, greater capital standards and scrutiny of key employees. 
29, Apr 2016
Sports betting integrity leader ESSA is working towards broadening its reach in Asia, as the latest statistics from the group reinforce the region's growing reputation as a match-fixing hotspot. ESSA Secretary General Khalid Ali in a recent interview with AGB said he sees greater regulation in the region as ultimately being inevitable in the fight to stamp out corruption in sports, although it may be a slow process.
29, Apr 2016
Malaysia-based SV International revealed plans to transform the sleepy coastal town of Sihanoukville, Cambodia, into the “Macau of Southeast Asia.” It plans to “bulk acquire every potential development lot” in the town’s port area, and is “purchasing existing hotels for renovation and equipping them with gaming licenses.” However, unless legislation is improved,  infrastructure upgraded infrastructure and transport links are improved existing operators are sceptical about the plan's chances...
22, Apr 2016
Proxy betting is booming in Asia’s grey markets, with live broadcasts of table games thought to be pulling in a chunk of Macau’s missing VIP billions, but this growth has led to concern over unclear regulations. Experts say that regulation will benefit the entire industry, though regulators should take care not to confuse the increasingly popular video-streaming services with online gambling. 
22, Apr 2016
Were it not for a simple spelling mistake on an online bank transfer instruction, cyber criminals would have made off with more than $1billion from the Bangladesh Bank in February. The attempted raid left many scratching their heads as to how in this day and age, with all the anti-fraud checks banks should have in place, such an audacious heist was even thought possible. And while the misspelling of “foundation” as “fandation” was enough to prompt the bank to halt the transfer, the unknown...
15, Apr 2016
As China’s outbound tourism market continues to balloon, a growing number of destinations are easing visa requirements to woo the mainland traveller, with casinos in those countries likely to be among the key beneficiaries. With research suggesting that most Chinese overseas tourists will visit a casino, relaxed visa restrictions could be a key driver for GGR.   
15, Apr 2016
Many of Europe’s biggest online operators have rolled out Asian-themed content into their domestic markets in recent months, as the Asian diaspora becomes an increasingly valuable demographic in regulated jurisdictions. However, their efforts may also enable them to steal a march on rivals should Asia regulate its online markets.    

Pages