Friday, May 10, 2024

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Philippines Majority Senate Leader calls for online gaming ban

Senate Majority Leader Joel Villanueva submitted a bill banning all online gaming in the Philippines, including both POGOs and PIGOs, garnering bipartisan support. 

Philippines seen warming to online gaming for locals

The Philippines market regulator may be considering regulation to allow local Filipinos to gamble online to make up for plummeting revenue from the country’s legal gambling outlets, according to industry sources.

Daily Asia Gaming eBrief: Crown CEO “always confident” in retaining casino licenses

Crown Resorts has been through the battle but has emerged, largely, unscathed. CEO Ciarán Carruthers tells AGB that he was "extremely confident" the group would retain its Sydney and Melbourne casino licenses, as hundreds of millions were spent on remediation efforts, and the entire corporate culture was revamped.

Daily Asia Gaming eBrief: Chinese outbound tourism is on the rise but trends are changing

Operators in Asian gaming jurisdictions need to prepare themselves, as Chinese outbound tourism is expected to rebound this year, finally. However, trends are shifting significantly, as a younger demographic is choosing to travel by themselves.

Daily Asia Gaming eBrief: China takes aim at addictive lotteries

The gaming market in Cambodia is undergoing significant changes, with aims to improve the operating environment, transparency and market conditions, but Thailand is becoming increasingly worrisome, notes expert Daniel Li.

PAGCOR sheds more light on recent raid on illegal online gaming raffle

Philippine gaming regulator PAGCOR has announced further details around the arrest of 10 Chinese nationals and 26 Filipinos in Laguna and Parañaque City, linked to an illegal online raffle.

Philippines GGR to grow 15% this year, driven by domestic mass: Maybank

The Philippines' gross gaming revenue is expected to grow ‘at least 15 percent’ this year, following record-breaking 2023.

Daily Asia Gaming eBrief: MGM China breaking records again in the first quarter

The lion continues to roar. MGM China posted record-breaking results again for the first quarter, showing how the group is clawing out even more market share and truly leveraging its Cotai Strip property for maximum gain, particularly from the mass segment.

Daily Asia Gaming eBrief: Crown has strategic advantage after regulatory successes

All is sunny down under, well at least for a certain operator. Crown Resorts appears to have come out on top amongst the sharp crackdown on land-based casinos in the nation. Its success in its remediation efforts now place it at an advantage to the competition, who continue to struggle with authorities, notes an expert.

Daily Asia Gaming eBrief: Macau gaming revenue not impacted by HK visitor surge

The pie might be big enough for everyone. Despite potential shifts in consumer behavior, experts suggest that Macau's gaming revenue might not be significantly affected due to the preferences of Hong Kong visitors, who are typically singles or couples.