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Donaco secures accord with lender, on track to pay off debt in 2021

Donaco International said it has secured an approval from its lender Mega Bank on the settlement of all legal cases related to the Thai vendors of its Star Vegas property in Cambodia. It says it is on track to repay all outstanding debt in 2021.
Crown Resorts

David Green: The year that tarnished Crown Resorts

Crown has enjoyed a monopoly in both Victoria and Western Australia, which owes more to politics and history than it does to competence and good practice governance.
Crown Melbourne

Crown at risk of “severe regulatory action”

A “heightened risk of severe regulatory action” has prompted Fitch Ratings to put Crown Resorts on credit watch negative for a potential ratings downgrade.
austrac

Jamie Nettleton: Regulatory shakeups likely in pipeline

It is not just COVID-19 and its effects for which 2020 will be remembered by the Australian gambling sector. The event likely to have the most long-lasting impact is the NSW Casino Inquiry.
Photo by Immo Wegmann on Unsplash

Putting 2020 in the rear-view mirror

This is the last Thank Goodness it’s Friday for 2020 and a suitable time for reflection and a look ahead at what we might expect for 2021. While it’s likely a year that most would like to forget, there have been positives. One is the speed and agility with which the industry has moved to adapt to change.
Crown Resorts

Crown suitability review brought forward in Victoria

Crown Resorts is facing more regulatory scrutiny after the Victorian Gaming Minister said she was fast-tracking the regular review of its suitability to hold a casino license and appointing a special commissioner to oversee the process.

Crown Sydney gets temporary liquor license, to open December 28

Crown Resorts said the New South Wales Independent Liquor and Gaming Authority has granted a temporary liquor license to its Crown Sydney property until April 30, 2021 and therefore several non-gaming amenities will open from 28th December.

Silver Heritage shareholders pass resolutions on share issues

Silver Heritage shareholders have passed three key resolutions at a special shareholder meeting, including the issue of new shares to Hatch Asia and secured creditors.

Crown Resorts whistleblower taking the firm to court

A former Crown Resorts employee who exposed the company's conduct in China and helped spark a powerful inquiry in New South Wales says she is ready to take her fight against the gambling empire to the Supreme Court.

Australia and New Zealand preparing steps toward travel bubble

New Zealand Prime Minister Jacinda Ardern said that her Cabinet has agreed in principle to allow travel with Australia without quarantine in the first quarter of 2021.
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.