Sunday, May 19, 2024

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BetMGM announces new pledge to promote responsible gaming in advertising

BetMGM, a leading sports betting and iGaming operator, announced today a new pledge to prominently feature responsible gaming messages in its marketing and advertising campaigns beginning March 1, in alignment with the start of Problem Gambling Awareness Month.

India advertising guidelines welcome for gaming industry development

The Indian government’s recent advisory to print, electronic and digital media not to accept ads from online gambling platforms is a welcome move that won’t affect legal skill-based gaming, writes i-gaming consultant Jaydeep Chakravartty.

‘Light-touch’ regulation needed to elevate India as a global online gaming hub: Association

A conducive 'light-touch' regulatory environment and robust support mechanisms should be put in place in order to allow India to emerge as a 'global gaming innovation hub', the All India Gaming Federation (AIGF) proposed.

Daily Asia Gaming eBrief: India with strong gaming potential, facing hurdles: Consultant

India's gaming industry, particularly in Goa, is facing parallels with Macau's early days, with rampant possibilities, albeit tempered by regulatory challenges and a steep tax framework, notes a top consultant.

Daily Asia Gaming eBrief: Macau March GGR sees slowdown post CNY

The last month of the first quarter should be a bit calmer for Macau, as GGR slows down post-Chinese New Year. According to analysts at Macquarie, the VIP rate is seeing a recovery in the month, however, while MICE-facing operators are likely to see a boost during the month.

Daily Asia Gaming eBrief: Celebrities have high impact on gaming ad retention

A tale as old as time, the use of celebrity endorsements, leveraging the star-power to help market the product. But in the gaming industry, it appears to be increasingly effective, with a new study finding that celebrities and social media influencers are increasing the retention rate of adverts, with a bid to reduce such future content to avoid luring younger, more influenceable, individuals towards such activity.

Cambodia gaming watchdog issues warning against online lotteries

The General Secretariat of the Commercial Gambling Management Commission of Cambodia (CGMC) is running a public awareness campaign on various social media platforms to caution against the risks of falling prey to online advertising promoting illegal gambling and lotteries.

Daily Asia Gaming eBrief: Visa liberalization crucial for regional Chinese play

The recent push for more liberalized visa policies between China and regional gaming jurisdictions is a boon for boosting a currently laggard rebound in punters from the region, with Macau (as a domestic market) and Singapore leading the pack for the Chinese New Year holidays.

Daily Asia Gaming eBrief: Macau poised for opportunity post-junkets: Niall Murray

Analysts at Maybank are predicting that 2024 will be a strong year for Bloomberry Resorts, with profit expected to rise by nearly a quarter. However, forecasts have been reduced due to a drop in gross gaming revenue, largely due to decreases in VIP and junket revenue, even though slots performed strongly.

SportChamps fined AU$17,5K for repeated advertising violations

Online betting operator SportChamps has been fined AU$17,5K ($11,5K) for breaching New South Wales advertising regulations by enticing people to open gambling accounts.