Thursday, April 15, 2021
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500.com

500 .com surges on bitcoin transformation

China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.

500.com to buy BTC.com in all-stock transaction

Chinese lottery company 500.com said it agreed to buy bitcoin mining company BTC.com in a all-stock transaction. 

Suncity named by Asiabrand as a Top 500 listed company in China

Suncity Group has announced that it was named as one of the “2020 China’s Top 500 Listed Companies” by Asiabrand.

500 com full year losses at US$29.2 million

500 com has announced its fourth quarter and full year financial results. As for the full year 2020, net revenues were RMB21.8 million (US$3.3 million) and operating losses were RMB190.8 million (US$29.2 million).
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China anti-gambling drive to have long-term IR impact in Asia

China’s ongoing crackdown on casinos and junkets targeting its nationals may have long-term implications for the industry in Asia and force changes in the business models of many of the region’s integrated resorts.

500 com enters agreement for more bitcoin mining machines

500 com has announced that it has entered into a definitive purchase agreement for 5,900 bitcoin additional mining machines for a total consideration of approximately RMB55.2 million US$8.5 million). All of the bitcoin mining machines are expected to be delivered in the second quarter of 2021.

When will travel power up? [Infographic]

This week, we explore the findings of the recently released Pacific Asia Travel Association (PATA)'s Asia Pacific Visitor Forecast 2021-2023 report, which identifies three scenarios of growth and recovery for international visitor arrivals (IVAs) to and across Asia.

500 com buys share of Loto Interactive

500 com has announced that it has entered into a share subscription agreement in which it has conditionally agreed to subscribe for 169,354,839 shares of Loto Interactive Limited for a total of approximately HK$105 million (US$13.5 million) in cash.

Chinese in Cambodia warned against gambling

China’s embassy in Cambodia has issued a warning to China passport holders not to take part in gambling activities in the country after multiple cases of violence aimed at Chinese.
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China again threatens gambling tourism, adding to Covid pain

China is showing no sign of letting up its campaign against overseas gambling, announcing it’s expanding its blacklist of countries that target Mainland Chinese for gambling purposes.
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.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
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.