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Malaysia drafts bill to curb online gambling, aiming for parliamentary tabling soon

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The Malaysian government is drafting new legislation to address illegal gambling activities, including online gambling, amid growing concerns over its social impact and the need for stronger legal oversight, according to The Straits Times.

Deputy Prime Minister Fadillah Yusof said the proposed bill could be tabled in the Dewan Rakyat, Malaysia’s lower house of Parliament, as early as the next parliamentary sitting, depending on its readiness.

Speaking to reporters earlier this week in Sarawak, Fadillah said the federal government is moving forward with plans to establish a more comprehensive legal framework to combat illegal gambling.

“At the federal level, the government is drafting a law to address illegal gambling. We hope to table it in the next session of Parliament,” he said. “Illegal gambling, if left unchecked, can affect social well-being, especially among our younger generation. That is why the government is treating this matter seriously.”

According to Fadillah, the proposed legislation has not yet been given an official name and remains under review. Authorities are still considering whether it should be introduced as a standalone act or incorporated into existing laws, including possible amendments to the Common Gaming Houses Act 1953 or cybercrime-related regulations.

“There is no specific name yet. Whether it will be a special act or incorporated under existing cybercrime legislation is still being studied,” he said.

The move comes amid significant changes in the structure of illegal gambling activities in Malaysia. In recent years, such operations have largely shifted from physical gambling outlets to mobile devices and social media platforms. Data from the Ministry of Communications in 2025 showed that Facebook accounted for about 93 percent of reported illegal gambling advertisements.

At the same time, remaining physical gambling venues have become more concealed, often operating under the guise of convenience stores, street stalls, or internet cafés, making enforcement more challenging.

Authorities have also expressed growing concern over the increasing exposure of younger users to online gambling platforms, which are easily accessible and frequently linked to online scams and financial distress.

Once enacted, the proposed law is expected to strengthen enforcement mechanisms, particularly in addressing online gambling, and improve coordination among police and other relevant agencies.

The government’s move follows ongoing efforts by law enforcement to curb illegal betting. In November last year, Sarawak police said their focus had shifted toward developing more effective methods to block access to gambling platforms, in response to technological advances that enable gambling through mobile devices.

Sarawak Police Commissioner Datuk Mohamad Zainal Abdullah previously said a new approach was required, including closer cooperation with the Malaysian Communications and Multimedia Commission and Sarawak Information Systems Sdn Bhd to enhance system-blocking measures.

Compliance costs rise as SkyCity navigates carded play transition and targets 2H rebound

Australia-listed SkyCity Entertainment Group said mandatory carded play in New Zealand and higher anti-money laundering (AML) spending weighed on first-half earnings, with underlying EBITDA for 1H26 falling 28 percent year over year to NZ$85.5 million ($51.2 million).

Despite the weaker result, management reiterated its full-year underlying EBITDA guidance of NZ$190 million to NZ$210 million ($113.8 million to $125.7 million) and pointed to the newly opened New Zealand International Convention Center (NZICC) as the main catalyst for a stronger second half.

For the six months ended December 31st, 2025, total revenue fell 2.4 percent to NZ$406.5 million ($243.4 million), driven mainly by a 6.3 percent decline in gaming revenue.

On the company’s February 18th earnings call, CEO Jason Walbridge said the gaming decline was “predominantly due to the introduction of Carded Play across our New Zealand casinos”, which went live in July 2025, as some uncarded customers either exited or moderated their spending. The executive added that the impact was in line with expectations and prior guidance.

Higher compliance-related costs also pressured margins, particularly in Adelaide, where the company has been increasing investment in AML and host responsibility capability. Walbridge cited broader cost increases tied to the opening of the New Zealand International Convention Center (NZICC), technology spending, some one-off legal fees, and higher costs of sales linked to growth in non-gaming revenue. Management said group cost-saving initiatives are being implemented to manage the cost base without compromising customer offerings.

Even with the difficult first half, SkyCity reaffirmed its FY2026 underlying EBITDA guidance and emphasized that earnings are expected to be heavily weighted toward the second half. CFO Peter Fredricson said the company expects an approximate 43 percent/57 percent split between first-half and second-half underlying EBITDA, reflecting first-half preopening costs for the NZICC and a revenue uplift as the venue ramps up.

skycity

NZICC positioned as the “growth engine” for 2H26

The NZICC opened on February 11th, 2026, with its first live event held on February 12th. Walbridge called it a major milestone for SkyCity and Auckland, saying the venue is central to the company’s recovery plan. More than 110,000 visitations are already confirmed for the remainder of FY2026, with the strategy focused on converting convention traffic into cross-precinct spending.

COO Callum Mallett said SkyCity expects hotel occupancy to rise from the mid-70 percent range to above 80 percent, with average room rates expected to increase by about 10 percent. Management also expects operating leverage, arguing it can service higher visitor volumes without labor costs rising proportionally, supporting margins.

Adelaide carding risk and online timeline pushed out

In Adelaide, mandatory carded play is set to begin in December 2026. Management estimates that 15 percent to 20 percent of current Adelaide revenue is uncarded and therefore at risk during the transition.

Separately, SkyCity said regulation of New Zealand’s online gaming market has been delayed by about five months, with licenses now expected by December 1st, 2026, pushing meaningful revenue into FY2027.

DigiPlus appoints Hu Jianguo to board following Tang Yong’s resignation

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Philippine online casino giant DigiPlus Interactive Corp. has appointed Hu Jianguo to its board of directors, effective February 17th, following the resignation of Tang Yong from the board and several key committees, according to a statement filed with the Philippine Stock Exchange.

On the same day, the board accepted Tang’s resignation from the Nomination Committee, Compensation Committee, and Executive Committee and named him as a board adviser. Hu was appointed to fill the resulting vacancies.

The board decision positions Hu, also known as Tommy Hu, as a key figure in DigiPlus’ corporate governance as the company continues to expand its digital entertainment operations in the Philippines and abroad. Hu brings more than two decades of experience in platform development, gaming operations, and enterprise-scale technology leadership.

According to the company, Tang tendered his resignation on February 17th, 2026, for personal reasons, and the board convened immediately to address the leadership transition. DigiPlus said the appointment ensures continuity in oversight and strategic direction.

Hu is currently the Chief Executive Officer of DigiPlus Interactive Corp., a position he assumed in June 2025. Since joining the company, he has played what DigiPlus described as a ‘behind-the-scenes architect’ role in transforming the group from a land-based gaming operator into a technology-driven digital entertainment brand.

Before becoming CEO, Hu helped launch and scale BingoPlus into the country’s leading digital bingo platform. The company said he promoted a ‘player-first strategy’ and supported the development of mobile-first, responsibly managed gaming platforms used by millions of Filipinos.

DigiPlus credits Hu with embedding a culture of innovation across teams and technologies while modernizing internal systems and product offerings. His work also included expanding the company’s portfolio into a broader entertainment ecosystem that combines software performance with local market relevance.

Hu holds a master’s degree in software engineering from Huazhong University of Science and Technology. He began his career building scalable technology infrastructure in Asia, including serving in a senior technical role at Huawei Technologies Co., Ltd.

The company said Hu’s appointment supports its next phase of growth, which includes expanding into regulated international markets while strengthening product innovation and player protection standards.

TRUEiGTECH unveils enterprise-grade prediction market platform for operators

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TRUEiGTECH has announced the development of an enterprise-grade prediction market platform designed to help operators, platform owners, and institutions launch outcome-based or event-driven trading markets at scale. 

As traditional sports betting, media monetization, and trading platforms face increasing competition and regulatory complexity, prediction markets are emerging as an adjacent category with significant growth potential. By converting collective expectations into tradable probability signals, these markets provide operators with a differentiated product without requiring entirely new user acquisition channels.

TRUEiGTECH built prediction markets are already used by operators across the USA and Europe with additional deployments underway. Prediction markets have transitioned from experimental niche platforms to primary offerings by iGaming operators.

Analysts forecast leading prediction platforms will handle roughly $1 trillion in annual trading volume by 2030, up from about $10 billion today. Revenue, meanwhile, could rise to $10 billion+ by 2030.

TRUEiGTECH’s decision to build prediction market software and platforms at this juncture will certainly prove useful for business owners and operators looking to enter the industry with the right product. 

Operators are increasingly drawn to this segment because it offers:

  • A “bet-on-anything” model, enabling markets across business, finance, entertainment, politics, and emerging trends.
  • Faster entry compared to traditional sportsbooks, especially for existing iGaming operators with established infrastructure.
  • Early-mover advantage in a category that is still taking shape globally.
  • Strong momentum in the U.S. market & across the globe, where demand for event-driven participation continues to accelerate.

TRUEiGTECH Offers Prediction Market Platforms in Multiple Ways

TRUEiGTECH’s co-founder, Prish Kumar, shares the multiple models and solutions available as a part of the company’s prediction market offerings.

“We provide turnkey and bespoke prediction market platform development solutions. Plus, we also offer prediction market clone development and prediction market API integration solutions.”

With TRUEiGTECH, operators can launch prediction markets or extend existing business offerings. By focusing on flexibility and scalability, TRUEiGTECH aims to position prediction markets as an accessible expansion path rather than a complex standalone venture.

With this launch, TRUEiGTECH enters the prediction market space as an infrastructure provider focused on enabling operators to build and launch regulation-ready prediction platforms in the USA, Europe and other regulated markets. 

About TRUEiGTECH

TRUEiGTECH is a software development company which specializes in enterprise-grade betting and trading infrastructure development. The company builds turnkey and custom platforms for;

  • Casino Platform: AI-empowered online casino software featuring multi-game aggregation, player account management (PAM), secure payment systems, and compliance-ready architecture for regulated markets.
  • Sweepstakes Platform: Legally structured online sweepstakes software designed for markets where traditional real-money gaming is restricted, enabling operators to monetize engagement while maintaining regulatory alignment.
  • Sportsbook Software: Comprehensive sportsbook software solutions featuring advanced odds management, robust risk control tools, real-time in-play betting capabilities, and scalable architecture designed for seamless multi-jurisdiction operations.
  • Casino Games: Responsive casino and slot games, with custom gaming content developed through expert casino game development processes, optimized for performance, player retention, and seamless integration into existing gaming platforms.
  • Lottery Platforms: Advanced lottery software solutions supporting draw-based, instant win, and hybrid formats, with capabilities for retail POS integration, ticket management, and regulatory reporting.

TRUEiGTECH’s iGaming solutions are built for globally regulated markets, including the USA, Europe, LATAM, and the UK. 

Daily Asia Gaming eBrief: Philippine gaming market pressures hit Okada Manila last year

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Good Morning. Free fallin’. In 2025, Okada Manila experienced a 20.1% decline in gross gaming revenue to $480.6 million amid a prolonged market correction in Manila’s Entertainment City, with adjusted EBITDA dropping 44%. Meanwhile, Melco Resorts & Entertainment reports stable operations in Macau amid intense competition, with no plans to increase spending for market share improvement. At the same time, Mohegan reported a return to profitability in the last quarter of 2026 after completing its exit from South Korea, which helped it book $102 million.

What you need to know

On the radar


AGB Intelligence

Okada Manila, Universal Entertainment

Okada Manila experiences significant EBITDA decline in 2025

Okada Manila witnessed a significant decline in gross gaming revenue (GGR), falling 20.1% year-on-year to $480.6 million, as the gaming market in Manila’s Entertainment City experienced a prolonged correction, according to Universal Entertainment Corp, the operator of the property. The company reported a 44% drop in adjusted segment EBITDA, totaling $73.8 million, reflecting weaker operating performance amid challenging market conditions. Total revenue also decreased by 18.6% to $547.6 million, impacted by lower gaming volumes and diminished high-end play.


Industry Updates


INTELLIGENCEASEAN | CAREERS | EVENTS

Melco to see continued growth in FY26 and FY27 on strong Macau demand: CBRE

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Melco Resorts & Entertainment is expected to continue its earnings and revenue growth in 2026 and 2027, driven primarily by strong underlying demand in Macau, according to a recent research note from CBRE.

The brokerage reiterated its ‘Buy’ rating on the company, citing resilient top-line trends and improving fundamentals despite near-term operational headwinds.

In its report, CBRE said it ‘expects continued growth in FY26 and FY27, driven primarily from strong underlying demand in Macau,’ even as the market remains highly competitive. The firm maintained its positive outlook while lowering its price target on Melco shares to $10 from $12.50, indicating near-term cost pressures and recent market volatility.

CBRE noted that Melco’s shares had sold off sharply following concerns over higher operating expenses in the fourth quarter of 2025 and throughout 2026, rising trademark license fees, bad debt provisions linked to a junket settlement, and management’s decision not to pursue a strategic transaction in Manila. These factors weighed on investor sentiment, particularly in a premium- and VIP-led market environment.

The brokerage said the trademark license fee payable to Melco International by Melco Resorts increased to 1.5 percent of gross revenue at City of Dreams Macau from 1 percent beginning in 2026. CBRE estimates that the higher fee will impact EBITDA by about $20 million in FY26.

Despite these challenges, analysts John DeCree and Max Marsh highlighted ‘strong top line trends and fundamental performance in Macau with relatively stable margins’, which they believe should support continued EBITDA growth.

CBRE estimates that Melco’s consolidated adjusted EBITDA will reach approximately $1.35 billion in 2026 and $1.39 billion in 2027, underpinned mainly by its Macau operations.

The brokerage also pointed to deleveraging as a key catalyst for the company over the medium term. As Melco approaches a net leverage ratio of about 4.0 times in fiscal 2026, CBRE said this could open the door for additional share repurchase activity. Investors are also ‘looking forward to dividends being reinstated,’ according to the investment memo.

Melco reported adjusted EBITDA of $299.8 million in the fourth quarter of 2025, slightly below market expectations, partly due to elevated operating expenses linked to major events and marketing initiatives. Management has guided for higher expenses in 2026, particularly around Chinese New Year and new brand campaigns, as it seeks to defend market share.

Okada Manila GGR drops 20.1% in 2025 as Entertainment City correction continues

For full-year 2025, gross gaming revenue (GGR) at Okada Manila declined 20.1 percent year-on-year to PHP27.81 billion ($480.6 million), as the gaming market in Manila’s Entertainment City continued to undergo a prolonged correction, according to financial disclosures by its operator, Universal Entertainment Corp.

The Japan-listed company reported that adjusted segment EBITDA at the integrated resort fell 44 percent to PHP4.27 billion ($73.8 million), pointing to weaker operating performance amid softer market conditions. Total revenue at the property declined 18.6 percent to PHP31.68 billion ($547.6 million), weighed down by lower gaming volumes and reduced high-end play.

In its annual report, Okada Manila operator Universal Entertainment said industry-wide pressures continued to affect the property’s performance.

‘Amid a contraction in the overall market, Okada Manila’s performance fell below the previous year’s level due to factors including the temporary impact on visitor numbers from inclement weather and political instability’, the company said.

Data from the integrated resort segment showed continued weakness in the VIP market, alongside softer mass-market activity. VIP rolling chip volume and win both declined during the year, while mass table drop and gaming machine handle remained under pressure, reflecting reduced discretionary spending and cautious consumer sentiment.

Universal Entertainment Corp

Commenting on the outlook, the company said the Philippine gaming market is expected to become increasingly competitive.

‘Okada Manila will continue to focus on acquiring mass-market customers and aims to increase its customer base through its loyalty marketing program’, it said.

The company added that the resort ‘will promote collaboration with travel agencies and other partners across Asia to attract international customers’ and ‘establish marketing offices in key countries to build its international brand presence’.

In the non-gaming segment, the company said the Pearl Wing room renovation program progressed in 2025, with two additional floors scheduled for completion in 2026. Tablet upgrades and refreshed guest experience training programs are also planned to enhance in-room services.

Despite the revenue contraction, management said Okada Manila demonstrated resilience in customer engagement. New sign-ups for its Reward Circle loyalty program rose to 102,000 in 2025 from 79,000 a year earlier, representing growth of around 29 percent. Monthly unique active members increased by 0.8 percent, indicating relatively stable participation among core customers.

Pachinko

At the group level, Universal Entertainment reported consolidated net sales of JPY122.83 billion ($804.7 million) for fiscal year 2025, down 2.8 percent year-on-year. The company posted a net loss attributable to owners of the parent of JPY231.43 billion ($1.52 billion), compared with a net loss of JPY15.57 billion ($102 million) in 2024, primarily due to impairment losses related to Okada Manila.

Management said the impairment charges reflected a reassessment of asset values in light of weaker earnings prospects and the ongoing market correction in the Philippine gaming sector.

In addition to its integrated resort business, the group manufactures pachinko and pachislot machines and other amusement equipment, primarily for the Japanese market, where its amusement equipment segment delivered strong growth in 2025.

The stronger performance of the segment partly offset weakness in the Philippines. The amusement equipment division recorded net sales of JPY56.71 billion ($371.4 million) in fiscal year 2025, up 30.4 percent year-on-year, while operating profit rose 45.8 percent to JPY10.66 billion ($69.8 million).

Adjusted segment EBITDA increased 46.6 percent to JPY12.55 billion ($82.2 million), supported by higher unit sales and strong demand for smart pachislot and smart pachinko machines featuring new gameplay functions.

BetConstruct AI highlights iGaming intelligence at BiG Africa Summit 2026

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Gaming software leader BetConstruct AI has revealed it will join the BiG Africa Summit 2026, held from February 16–19 at The Grand Palm Hotel Casino and Convention Resort in Gaborone, Botswana.

As a key event for the African iGaming landscape, the BiG Africa Summit 2026 serves as a platform for BetConstruct AI to strengthen its regional presence and engage with industry leaders driving the continent’s digital evolution.

In a market defined by rapid expansion and unique local demands, BetConstruct AI continues to lead by offering an ecosystem where advanced technology and strategic ambition meet, guiding operators toward intelligent decisions that ensure long-term growth and operational excellence.

At Stand 1017, visitors can explore a comprehensive suite of solutions tailored for the modern operator. Central to the showcase are the Sportsbook and Casino Platforms, alongside a robust Retail Solution designed to bridge the gap between physical and digital gaming environments.

The heart of the exhibit is the AI Suite, a collection of sophisticated tools built to optimize every facet of the player journey. This includes CRM AI for deep behavioral insights; Umbrella AI for real-time risk management and automated protection; the AI Game Recommendation System for personalized content delivery; and Betting Mate, an intuitive Sportsbook AI companion offering real-time stats and an elevated player experience.

Reaffirming its commitment to mutual prosperity, BetConstruct AI will highlight “The Choice to Grow” program. This exclusive 12-month initiative transforms performance into tangible cost advantages. By achieving a 16.67% increase in GGR every quarter across a diverse range of products—including Sportsbook, Virtual Sports, Retail Solutions, FeedConstruct, PopOK Gaming, Pascal Gaming, CreedRoomz, Choice Gaming, Stretch Network, and SOS Hub—partners can unlock a 51% invoice discount every third month, three months of free services for one-time use, and access to exclusive offers and tournaments from participating brands.

To further foster community and collaboration, BetConstruct AI, together with Eventus International, will host the Harmony Dinner on February 18. This exclusive gathering is designed to unite the African iGaming network in a focused setting shaped around conversation and strategic alignment, providing a unique opportunity for industry leaders to share perspectives and shape the future direction of the regional market.

BetConstruct AI invites all attendees to visit Stand 1017 to experience firsthand how a connected, AI-driven environment can transform the future of iGaming. The team will be available throughout the event to demonstrate these solutions and discuss strategic paths for scaling iGaming businesses in the African market.

DATA.BET partners with Kanggiten to deliver a full sportsbook solution

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DATA.BET, an award-winning sportsbook solution supplier, has announced an exclusive content and technology deal with Kanggiten, a modular B2B iGaming platform provider.

Under this comprehensive agreement, DATA.BET will serve as the sports betting partner across all Kanggiten clients’ brands, powering these projects with a complete ecosystem. 

The partnership delivers DATA.BET’s full sportsbook solution, featuring comprehensive Odds Feed coverage spanning 65+ sports disciplines from top-tier leagues to niche competitions, covering 50,000+ events per month within 2,000 betting markets. The advanced Managed Trading Services ensure 24/7 Risk Management control, while the Single-Page Application offers high-level customization capabilities, allowing operators to tailor visual elements to any brand identity requirements with enhanced SEO optimization.

The DATA.BET service also includes user engagement tools such as Widgets that allow bettors to analyze live progress without leaving the operator’s page, and all of it is complemented by Streaming with minimal market delay. Everything is designed to deliver a seamless betting experience to players, with the innovative Bet Builder functionality expanding wagering possibilities across multiple sports verticals.

“This partnership with Kanggiten represents a significant step in our betting-for-casino strategy,” said Otto Bonning, Head of Sales at DATA.BET. “Having a partner like Kanggiten gives us access to new projects that are looking to add or enhance sports betting in their product lineup. Our solution enables brands to create unique experiences tailored to their audience, while lightning-fast data delivery ensures players never miss crucial betting moments.”

This exclusive alliance reinforces DATA.BET’s position as a premier technology supplier in the European sports betting landscape is built on the company’s continued expansion across key regulated markets worldwide.

Viktor Cherkas, Chief Executive Officer at Kanggiten, added: “Joining forces with DATA.BET gives Kanggiten’s clients access to a complete sportsbook ecosystem built to perform and scale as they grow. This collaboration helps them create distinctive iGaming experiences and, at the same time, keep everything streamlined within a single platform. By bringing together a powerful tech platform with sportsbook products, partnerships like this put more flexibility in operators’ hands. They now have the room to explore new markets and adjust the offerings to maintain steady engagement.” 

QTech Games adds Brino Games’ creative portfolio to its premium aggregator platform

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QTech Games continues to build out its aggregator platform following a fresh agreement with ascendant supplier Brino Games.

Brino Games has cultivated a perfect blend of entertainment and innovation, which has manifested itself in a range of standout hit titles, such as Dragon Tiger, Car Roulette, 7 Up 7 Down, Andar Bahar, and Fish Game. These titles now comprise a wider library of constantly upgraded content, with new releases every month, all of which are now available via the QTech Games platform to a host of new operators and their players.

Brino Games offers scalable casino software solutions to help its partners gain a competitive edge in the market. From live casino to table games, with virtual casino, ludo, teen patti, and super games in between, its casino gaming solutions are designed to match and evolve with changeable business needs and varied player proclivities across the igaming landscape.

As a result, integrating content from such a players-first studio adds yet more creative muscle to QTech Games. This powerful platform is taking the broadest spectrum of online games to emerging territories, with established names sitting alongside the industry’s most exciting up-and-coming providers.

Philip Doftvik, QTech Games’ CEO, said: “We’re thrilled to unveil this partnership with Brino Games, highlighting the point that our diverse portfolio draws from a deep well of established stars and emerging forces in slots provision. Brino’s gaming portfolio is scalable, reliable, and tailored to diverse customer requirements. In addition, their gaming software solutions can be easily customized, adapted, and launched in any market that an operator might request, which naturally appeals to our ever-expanding footprint across emerging markets.”

The announcement organically widens Brino’s international footprint, unlocking untapped jurisdictions for diversified growth from Africa to Latin America, where Brino is looking to make a big impression in 2026.

Alex Cary, Digital Marketing Head at Brino Games, added: “Brino Games is growing at a great pace thanks to our players-first mentality to game development – and this collaboration with QTech will only accelerate that growth. When it comes to increasing player engagement and attaining a high user base, our gaming suite’s broad spread of possibilities has the potential to speak to every kind of player. So, we can’t wait to see how our games perform across a spread of new territories via QTech Games’ platform for emerging markets.”