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Tuesday, March 18, 2025

Jaydeep Chakravartty

Jaydeep Chakravartty
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Jaydeep Chakravartty is an iGaming Consultant and has worked with some of the leading gaming businesses worldwide. Jaydeep worked with Markor Technology (earlier Nektan PLC) as Vice President of Commercials and expanded Markor’s reach in established and emerging markets in Asia and Africa. Before Markor, Jaydeep worked with Ingenuity Gaming since their foray into eGaming.

LATEST NEWS

Investor sentiment remains ‘apathetic’ amid flattish Macau GGR outlook: JP Morgan 

Investor sentiment toward Macau's gaming sector remains subdued, with JP Morgan noting that stable but unremarkable GGR may not be enough to improve the market outlook in the near term.

Mike Volkert stepping down as Crown Melbourne CEO, replaced by MGM executive Ed Domingo

Crown Resorts has announced that Mike Volkert will be stepping down as the CEO of Crown Melbourne, to be succeeded by MGM executive Ed Domingo.

ASEAN Gaming Summit Masterclass shines light on evolving industry landscape

An engaging workshop exploring the evolving online gambling landscape in Asia and beyond capped off day one of the 2025 ASEAN Gaming Summit in Manila.

Absence of Chinese VIP visitors shifting focus to mass and premium mass: Consultant

With projections for 2025 showing little improvement, operators are shifting their focus from the VIP segment, heavily impacted by the absence of Chinese visitors, to the mass and premium mass segments, gaming consultant Sudhir Kalé says.

Australia’s Donaco considering full buyout offer by Hong Kong-based fund

Australia-listed Donaco International Limited announced it has entered into a binding Scheme Implementation Deed (SID) with On Nut Road Limited (ONR) for a full buyout of all outstanding shares in Donaco.

ASEAN Gaming Summit 2025 unveils power-packed agenda featuring industry leaders

The highly anticipated ASEAN Gaming Summit 2025 is back, bringing together top industry experts, thought leaders, and key stakeholders for an extensive exploration of the latest trends, challenges, and innovations in the gaming sector.

PAGCOR Chairman Alejandro Tengco to receive honorary Award at Asia Gaming Awards 2025

Asia Gaming Brief is proud to announce that Alejandro H. Tengco, Chairman and Chief Executive Officer of the Philippine Amusement and Gaming Corporation (PAGCOR), will receive a special honorary award at the Asia Gaming Awards 2025. 

New POGO raid in Pasay City nets 49 foreigners

Raids on illegal Philippine Offshore Gaming Operators (POGOs) continue, with a recent enforcement action netting 49 foreign nationals at a commercial building in Pasay City.

PAGCOR pledges $5.2M in financial grants to Philippine National Police Academy

The Philippine Amusement and Gaming Corporation (PAGCOR) has pledged some PHP300 million ($5.23) in financial grants to the Philippine National Police Academy (PNPA) to improve facilities and provide advanced training resources to cadets.

Macau’s Chief Executive warns of potential revenue shortfall amid slow gaming start in 2025

Macau's Chief Executive has warned that the city's fiscal revenue for 2025 may fall short of earlier expectations due to a sluggish start for the gaming industry.

Macau lawmaker calls for increased non-gaming investment amidst uneven recovery

Macau lawmaker Ngan Iek Hang is urging gaming operators to increase their investment in non-gaming projects, due to an uneven economic recovery.

Melco International announces possible $128.6M asset impairment due to Studio City

Melco International Development Limited has revealed that it anticipates recording an asset impairment of approximately $107.8 million to $128.6 million, primarily related to its Studio City IR in Macau.

Queensland February gaming tally up 4.7 percent yearly, but monthly results drop

February gaming results for pubs and clubs in Queensland came in up by 4.7 percent yearly, but fell by 8.2 percent monthly, according to data from Wohlsen Consulting.

Thailand selects four cities for casino developments

The special committee overseeing Thailand's entertainment complex project has announced Bangkok, Chon Buri, Chiang Mai, and Phuket as the first four locations for development.

Success Universe expects FY24 consolidated profit to drop 40-50%

Success Universe, investor in Macau’s Ponte 16, has announced that it is expecting a decrease in consolidated profit for FY24 of between 40 percent and 50 percent.

Philippines steps up efforts to avoid re-entry to FATF grey list

Philippine authorities are working hard to stay off the Financial Action Task Force (FATF) grey list after the country celebrated its redesignation last month.

Japan National Police estimate 3.37M Japanese gambled online

An estimated 3.37 million people in Japan have engaged in gambling at online casinos, with a staggering $8.4 billion wagered annually, according to a recent study.

Macau targets long-haul markets with relaunched discounted travel scheme

The Macao Government Tourism Office (MGTO) plans to relaunch a discounted bus and ferry fares scheme for foreign travelers arriving at Hong Kong International Airport and heading to Macau.

Rising debt levels among gaming suppliers signal mixed financial stability: CBRE

A recent report by CBRE Institutional Research highlights the increasing debt levels among gaming suppliers, revealing a mixed picture of financial stability across the sector.

Aristocrat CTO Andy Hendrickson resigns

Aristocrat has announced that its Chief Technology Officer Andy Hendrickson has resigned and ‘accepted a role at a competitor’.

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