Thursday, April 15, 2021
Home South East Asia

South East Asia

HLIB sees long-term positive growth for Genting Malaysia, ups rating

Hong Leong Investment Bank Research has added its voice to analysts predicting a strong longer-term comeback for Genting Malaysia, upping its rating from a "hold" to a "buy."
online gambling, KYC, sign up

Battling sign-up abandonment

Online gambling operators on average lose around 30 percent of their potential customers during the initial sign-up process as a result of inefficient KYC processes, according to customer journey experts. 

Manila quarantine restrictions eased

The quarantine rules in Metro Manila and four adjacent provinces have been eased starting today, according to an announcement by presidential spokesperson Harry Roque. 

Genting Malaysia EBITDA/revenue seen at pre-Covid levels by 2022

Genting Malaysia's EBITDA is likely to return to its pre-pandemic levels by 2022 and reach 60 percent this year, Standard & Poor's said.

Genting’s domestic demand to help fuel recovery

Genting Malaysia benefits from strong support from its domestic market, which means it's better positioned for a faster post-pandemic recovery, Fitch Ratings said.

Genting’s Lim says outlook uncertain, but will assess growth ops.

Genting Bhd Chairman Lim Kok Thay says he expects global economic conditions to continue to recover and said the group will assess any business opportunities that arise that could complement existing operations or provide new growth.
Danang approval ceremony

Macau estimates cut, Korea lags and Weidner eyes Danang

For those of you just returning to your desks after the Easter break, it’s been a busy few days in terms of news in the Asian gaming industry, from a potential new mega project in Vietnam, to the latest on the impact of the Covid pandemic and more details about Japan’s casino regulation.

Melco Intl Dev swings to HK$12.4 billion loss in 2020

Melco Resorts’ parent company Melco International Development said it swung to a loss of HK$12.4 billion for the year ended Dec 31, 2020, caused mainly by a 70 percent fall in revenue in the year. 

Hong Kong, Sing, to achieve widespread vaccine coverage by 2021

Hong Kong and Singapore will be the first two countries in Asia to achieve widespread vaccination coverage (60-70 percent of population) by the end...
Sega Sammy, diceman

Sega Sammy: DICEMAN debuts in Asia

SEGA SAMMY CREATION INC. is excited to announce that our latest slot game “DICEMAN” with a 2-level Progressive Jackpot has been released in the Asian market with the exception of Macau.
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.