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.

31, Jul 2015
As VIP revenue from China’s high rollers continues to slump, Malaysia’s Genting Group is seeking to carve a niche for itself by targeting the more profitable premium mass segment across its Asian properties. The conglomerate has aggressively embarked on a slew of facelifts or new projects, such as launching new hotels and gaming floors across various properties, in a move to woo the premium mass gambler.  
31, Jul 2015
There have been several recent changes to its gambling legislation in Australia that may have wide implications in both the online and land-based sphere, including the first case brought under the anti-money laundering laws by AUSTRAC. On 22 July 2015, AUSTRAC initiated court proceedings against three subsidiaries of Tabcorp for “extensive, significant and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing legislation.” This is the first time that...
23, Jul 2015
Macau’s retail malls, dominated by the luxury brands favored by high rolling mainland Chinese, are turning to more affordable High Street names as VIP revenue falls, but the shift is unlikely to have a major impact on operators’ profits, analysts say. Although retail revenues have moderated in Macau, the downturn has been less severe than the slump in overall gross gambling revenue, which dropped 36.2 percent in June, declining for the 13th consecutive month. Las Vegas Sands also reported...
23, Jul 2015
The most powerful voices in Japan’s political world, who have been championing the so-called Casino Bill, have suffered reverses that seem to have dimmed the prospects for passage of the legislation.  Prime Minister Shinzo Abe has lost political capital pushing through deeply unpopular security legislation, while regional advocates of casinos in their cities have also lost power.   
17, Jul 2015
Macau’s casino operators, who have put up a united front in opposing a proposed blanket ban on smoking, may have won a battle with signs the government is softening its stance, but have not yet won the war. After appearing firm in its resolve to make smoking in casinos a thing of the past, the government has mellowed its tone and says it will consider keeping the lounges. But the onus will be on the operators to prove they are not harmful to health and that may be a tough call.
16, Jul 2015
When Hong Kong-listed Imperial Pacific announced it was doubling the size of its planned casino development on the South Pacific island of Saipan to $7 billion some analysts began scratching their heads. Local business leaders argue that the new complex, with plans for 4,000 hotel rooms, 1,600 gaming tables and 3,500 slot machines, is too large for the island to support. Saipan lacks the necessary infrastructure, transport links and manpower for such large-scale projects, prompting questions...
10, Jul 2015
Las Vegas Sands’ Chief Executive Officer, Sheldon Adelson, has offered to spend up to US$6.0 billion on a 450-room entertainment and casino complex in central Bangkok, but local support is far from certain, even though some senior figures have thrown their weight behind legalizing gambling in the Kingdom.
9, Jul 2015
Beijing's Hanhong Private Equity Management is taking bets on Kazakhstan's central Asian location and fast-growing economy to lure tourists to a multi-billion dollar casino resort and eco-city project in Tengri, near Almaty. The 1st stage of the resort project will cover up to 1 million square metres, with a total investment of $7 billion. If all goes to plan, the resort will open in late 2017, with plans for a further five stages over ten years that will include the construction of a new eco-...

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