Tuesday, July 16, 2024

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ADVA Group launches Red Bull Gaming Hub at UTS

ADVA Group announces a soft launch of the Red Bull Gaming Hub at University of Technology, Sydney (UTS). It is Australia's first Red Bull gaming venue, and the gaming hub will serve as the new home of UTS Esports brand of the group.

Daily Asia Gaming eBrief: Pronet Gaming to capitalize on ASEAN Gaming Summit

Pronet Gaming's CEO is bullish on the Philippines, as the country provides the opportunities and talent pool best suited for its Asian expansion. Alex Leese says the group is actively recruiting in the region, and aims to use the ASEAN Gaming Summit as a springboard for its efforts.

Your Daily Asia Gaming eBrief: CoD Mediterranean a new adventure for Melco

Time to plan a vacation to Cyprus. Melco's new City of Dreams Mediterranean property is calling, with sun-soaked beaches and a vibrant casino.

Your Daily Asia Gaming eBrief: Macau GGR could reach $70bln: analyst

Experts are bullish on Macau, as one analyst opines that gross gaming revenue could top $70 billion within the next 10 years, depending on policy choices and entry permits for punters from China.

MGM China bullish over Macau despite adversities 

MGM China reported a net loss of HK$2.4 billion ($306 million) for the half year ending Jun 2022, widened by 39 percent on a year-on-year basis, from HK$1.73 billion ($221 million), the interim half yearly report filing to the Hong Kong Stock , Exchange showed.

Chinese pent up demand not fully factored into Macau stocks: UBS

Analysts from swiss bank UBS have upgraded its rating for the Macau gaming sector to “buy”, noting that upside potential from China’s pent up demand has not been fully factored in. 

Your Daily Asia Gaming eBrief: Brightening prospects for Macau

Covid-19, the ultimate party pooper, has struck again, this time dampening enthusiasm for recovering gaming industry stocks and forcing a reassessment of the speed of Macau’s recovery in a negative direction.

Your Daily Asia Gaming eBrief: Current state of Sihanoukville

You may have noticed that Bloomberg reported yesterday that PAGCOR will allow Manila operators to begin taking online bets. If that story sounds a bit familiar, it’s because Asia Gaming Brief had an exclusive report about it a full week ago, and now the rest are beginning to catch up with us… and with readers like you. In today’s newsletter, we have stories about the possibility that MGM Growth Properties might be willing to purchase Sands assets in Las Vegas, and David Green’s assessment of the Crown Resorts debacle downunder. Also, don’t miss our latest podcast, this time featuring a discussion on the current state of Sihanoukville with Gary Tham of Jin Bei.

Philippine authorities file human trafficking case vs “POGO Mayor”

Authorities in the Philippines have filed a qualified human trafficking complaint against suspended Bamban, Tarlac "POGO Mayor" Alice Guo at the Department of Justice (DOJ).

Under the Scope: Myanmar – The Wild East

In this week’s Under the Scope, IGamiX’s Managing Partner Ben Lee looks at the scale of gaming in Myanmar and what operators can expect, or not expect, especially if Thailand legalizes gaming.