Saturday, September 25, 2021

Direct supervision of Macau operators could jeopardize 80% of premium mass

The proposed “direct supervision” of Macau casinos from Beijing could see as much as 80 percent of premium mass business vaporised, says Ben Lee, managing partner of iGamiX Management & Consulting. 

Vietnam sports betting is seen as too restrictive to make business sense

Vietnam is considering further steps to open up its sports betting market, though industry insiders say it’s still unlikely to be enough to attract investors. 

PAGCOR casino sale not seen viable as fundraiser

The Philippines Government is seeking to extract as much revenue as possible from its gaming industry, but selling off PAGCOR casinos is not seen as a viable option.
HK Stocks

Investors lulled into “false sense of security” on Macau 

Signs China is tightening its grip on Macau triggered a record sell off in the six operator stocks, although the latest edict shouldn’t have come as a surprise.
Hengqin-port

Hengqin plan seeks to force diversification and operators will need to play their part

Beijing has set out its blueprint to diversify Macau's economy through a plan centered on Hengqin, though at present it’s long on vision and short on detail.
Japan Olympic Games, Basketball

Basketball‌ ‌scores‌ ‌in‌ ‌Olympics‌ ‌betting‌ ‌preferences‌

Basketball surged in popularity in terms of Olympics sports betting preferences at Tokyo 2020, though sports book operators said the games were not a major driver of volumes. 
Singapore, social gaming, regulation

Regulators seek clarity on blurred lines between gaming and gambling

Singapore's Ministry of Home Affairs (MHA) is seeking feedback from the public on proposed amendments to the existing gambling legislation.
Philippines, online

Philippines casino potential seen as intact, despite Covid/China clampdown

After President Rodrigo Duterte lifted a moratorium on new casino investment, two groups have said they will dust off mothballed projects for the Philippines.
G2E-show floor

It’s showtime – Or is it? Suppliers have to decide

As in-person events begin to ramp up again, suppliers make some difficult choices about whether or not to attend and who to send.
PUBG tops India's esports ladder

Asia slowly readies itself for legal esports betting

Asia’s legalized esports betting scene is still lightyears away from the likes of Europe and the U.S., though there is an acknowledgment that groundwork is being laid for its future growth. 

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