Thursday, August 11, 2022

FEATURED ARTICLES

Deep Dive
00:40:50

Chances are, you’ll be hacked – do you have a Cybersecurity plan?

AGBrief Editorial -
Cybersecurity starts at Board level all the way through the diligent training of staff and the implementation of solid AI/ machine learning protocols, in a never-ending quest to safeguard your operation, industry stakeholders convening at ASEAN 2022 shared.
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LATEST NEWS

Macau

Macau CE touts recovery plan on quarantine-free individual travel visas

AGBrief Editorial -
The Government had stepped up effort to attract more tourists to visit Macau, in order to support local economic recovery, the CE Ho Iat Seng, told local legislators during a state of play address to the Legislative Assembly on Tuesday.

AGTech reports $14m loss for 2Q22, China lottery sales up

China

Wynn Resorts misses estimate, posts 2Q22 net loss of $13m

Macau

Australasian Gaming Expo starts today, L&W to showcase its new product line up

Australia

Macau GGR dial moves up from baseline in first week of August

Macau
asia gaming brief
Australia

Worst case scenario, The Star may lose A$270 mln to Crown Casinos: J.P. Morgan

AGBrief Editorial -
Freshly opened Crown Sydney is expected to entice a significant slice of incumbent The Star's Premium Mass players to move down the harbor, representing a potential worst-case loss of A$270 million, J.P. Morgan writes.

Despite bleak 2Q22, Bernstein maintains “Outperform” on DraftKings

Elsewhere

Solaire’s, Bloomberry Resort posts solid $33 million net profits in 2Q22

Philippines

MGM Resorts to chop 50 percent of the projected capex for Asian markets

Macau

Grand Korea Leisure, Paradise post massive recovery for 2Q22

South Korea
Japan

Konami’s 2Q22 profit down, international business cushions dent

AGBrief Editorial -
Konami’s revenues from the local Japanese market went down on a year-on-year basis, but the damage was largely cushioned due to recovery in other geographies, including US, Europe, Asia and Australasia.
United States

AGEM Index rose by 51.54 points in July

AGBrief Editorial -
The AGEM Index rose by 51.54 points in July 2022 to 862.93, rebounding 6.4 percent from the previous month. 

Tabcorp missed the digital growth curve: J.P. Morgan

Australia

Construction work progressing at Mohegan’s $5b Inspire in South Korea

South Korea

Parent STDM extends SJM HK$2B “disappointing” loan to support Macau tender  

Macau

VIXIO estimates $6.35B tax revenue ceiling from legal iGaming in the US.

United States

IGT reports a net loss of $4m in 2Q22, secures NUSTAR

Elsewhere

Philippines posts better than expected GGR, up 34 percent in 2Q22

Philippines

Star assures support to the Victorian government’s major gambling reforms

Australia

Macau near-zero July GGR a non-event, outlook remains bleak: J.P. Morgan

Macau

Victorian Government to introduce major gambling reforms

Australia

Imperial Pacific International facing $100million debt to CNMI government

Pacific Islands

Singapore Gambling Regulatory Authority to take a holistic approach to industry transformation

Singapore

Queens Wharf escalation “more relief than surprise”: J.P. Morgan

Australia

Belle Corp records 61% revenue increase in the first half of 2022

Philippines

Ian Silk named Chairman of Crown Melbourne

Australia

Okada Manila 2Q22 revenue up 40% from prior quarter

Philippines

Macau concession bidding to start Friday, run to Sept. 14

Macau
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ASEAN Gaming Summit

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AGB MAGAZINE

Asia Gaming Briefings – July 2022 Edition

AGBrief Editorial -
It’s just a few days now until the ASEAN Gaming Summit 2022 returns to the Philippines. This July edition of AGBriefings is dedicated to the jurisdiction, expected to be one of Asia’s top performing markets with forecast gross gambling revenue of PHP65 billion ($1.15 billion).
Find more inside >
Asia Gaming News
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
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