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Macau forecasts up to 6.2M cross-border trips over 9-day CNY break

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Macau authorities expect between 6 million and 6.21 million cross-border trips during the nine-day Chinese New Year holiday from February 15th to 23rd, with daily border movements averaging more than 670,000, according to the Public Security Police Force.

The peak is forecast for the third day of the Chinese New Year, February 19th, when about 780,000 crossings are anticipated.

The holiday period runs from February 15th to February 23rd. Officials said preparations are in place to manage the expected surge in travelers, as Macau braces for one of its busiest travel periods of the year.

According to a media briefing held on Thursday and reported by local outlets, the Public Security Police Force has implemented crowd-control measures at major border checkpoints, including deploying additional administrative staff to frontline duties and opening extra counters to enhance clearance efficiency and ease passenger flow. Emergency response plans have also been coordinated with mainland China and Hong Kong border authorities.

The Macao Government Tourism Office previously projected between 1.4 million and 1.5 million visitor arrivals over the nine-day period, averaging between 158,000 and 175,000 arrivals per day. The director described the expected influx as significant, supporting a 5 percent year-on-year increase in the Chinese New Year entertainment budget to MOP36 million ($4.48 million).

This year’s celebrations will feature a simultaneous drone and fireworks show, with performances scheduled for February 19th, February 23rd, and March 3rd.

As reported by AGB earlier this week, Citigroup forecast February gross gaming revenue (GGR) at MOP20.5 billion ($2.56 billion), representing year-on-year growth of about 4 percent. The forecast takes into account the typical slowdown ahead of the Chinese New Year travel peak, which began on February 1st. Tourism activity has remained relatively subdued nationwide, as transport volumes usually surge when large numbers of people return home during the holiday period.

GoldenRace & Spinmatic sign strategic CEE agreement with Fortuna Entertainment Group

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GoldenRace and Spinmatic have officially joined forces with Fortuna Entertainment Group (FEG), a leading omni-channel betting and gaming operator, marking a massive milestone for the Central and Eastern European (CEE) gaming market.

Operating across five key European countries—Czechia, Poland, Slovakia, Croatia, and Romania—FEG is a dominant player in both the online and in-store sectors. This partnership brings premium Virtual Sports and world-class casino games to a massive audience, further solidifying the growth and strength of GoldenRace and Spinmatic across the continent.

“We are delighted to bring our industry-leading Virtual Sports and Crash games, and Spinmatic’s innovative casino games to Fortuna Entertainment Group,” said Martin Wachter, CEO and Founder of GoldenRace. “FEG is a true powerhouse in Central and Eastern Europe, and this partnership is a testament to our commitment to strengthening our presence in regulated European markets. Our focus for the year ahead remains clear: to continue pushing the boundaries of technology and realism, ensuring our partners always have the most competitive and engaging products in the industry.”

Fortune Entertainment Group players are the real winners in this deal. They now have access to a suite of products designed for maximum engagement:

  • GoldenRace Virtual Sports: FEG customers can enjoy 24/7 action with GoldenRace’s legendary Virtual Football, virtual and pre-recorded races, Crash games, number games, and more, including the recent and very innovative category, Hit&Win, with Arcade Heist and Fortune Fighters as the first two additions to this vertical.
  • Spinmatic Casino games: A suite of over 100 games available for FEG players to enjoy, including premium Slots, Bingo, Scratchcards, Plinko and Crash games.

Myke Foster, Group Head of Commercial Gaming Operations at FEG, highlighted: “This strategic partnership will bring a wealth of new content and experiences to FEG customers, across our Fortuna, PSK & Casa Pariurilor brands, in our highly competitive & fully-regulated markets across CEE. We are committed to bringing our audience an unrivalled array of new and exclusive products, whilst offering genuine differentiation- and this collaboration with Spinmatic & GoldenRace will see us reinforce our unique offering across Slots, Virtuals, Crash Games, Scratchcards & more.”

As 2026 progresses, the synergy between GoldenRace, Spinmatic, and FEG is set to redefine the betting experience for millions of players across Central and Eastern Europe.

SOFTSWISS breaks down its insight‑driven product strategy at TechIsland

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The renowned technology provider of iGaming software solutions, SOFTSWISS, took part in TechIsland’s 7th MarComms Community Meetup in Cyprus.

During the meetup, Valentina Bagniya, CMO at SOFTSWISS, shared how the company’s flagship initiative, the iGaming Trends Report, has evolved into a full-scale product built and scaled by the in-house marketing team.

Using iGaming Trends as a case study, Valentina Bagniya explained how a research-driven product can go beyond thought leadership, becoming a practical marketing tool that strengthens brand authority and supports sales conversations.

This perspective naturally fed into the panel discussion The Marketing Team Mix: Balancing In-House and Agency Partnerships, where leaders from tech companies, alongside global and local agencies, discussed how organisations are reshaping their marketing structures. The discussion highlighted the shift from full-service agency reliance toward stronger in-house capabilities, while agencies continue to deliver value through specialised expertise, strategic bursts, and multi-market execution.

  • Valentina Bagniya, Chief Marketing Officer at SOFTSWISS
  • Nikolay Kozlov, CMO at Wargaming
  • Rebecca Theodorou, Managing Director & Head of Communications Action 360x at Action Global Communications
  • Pietra Flouri, General Manager at Thinkbloom
  • Olga Loktionova, Representative of SPORTSOFT and PR Director of CAPSBOLD Creative Marketing Agency

Together, the panelists represented a broad spectrum of marketing models across the tech, iGaming, and gaming industries, offering a practical view of how companies balance speed, ownership, and brand intimacy in-house while partnering with agencies for scale and specialised expertise.

Commenting on the meetup, Valentina Bagniya, CMO at SOFTSWISS, said:
“Marketing teams are being rebuilt around speed, ownership, and closeness to the business. The most sustainable results come when core capabilities stay in-house, and agencies are used as strategic partners where their expertise creates real value.”

One of the main topics of the Q&A session was AI’s role as the third key player in today’s marketing team mix. The panelists shared how they already work with AI in practice, and how it is reshaping collaboration between in-house teams and agencies. Valentina Bagniya also spoke about SOFTSWISS’ approach following the appointment of Denis Romanovskiy as Chief AI Officer (CAIO), and highlighted the rollout of the company’s enterprise AI platform designed to securely scale AI automation by connecting AI capabilities with corporate tools and data.

In 2025, SOFTSWISS’ marketing team was recognised as Best Marketing Team at the EGR Marketing & Innovation Awards, reflecting the company’s ongoing investment in building strong internal marketing capabilities and long-term brand assets.

Zitro accelerates growth with a second building in Barcelona

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Zitro has announced a strategic expansion of its Barcelona campus, introducing a second high-tech building to support its long-term growth and innovation strategy.

Located within the same business park, the two buildings now form a unified Technological Campus spanning 18,000 square meters. This hub currently brings together more than 700 professionals and operates through internal studios, where multidisciplinary teams work side by side across all stages of product creation—from initial concept to distribution—with the workforce set to grow to 1,000 employees by the end of the year.

Zitro accelerates growth with a second building in Barcelona

The Barcelona campus works in coordination with Zitro’s second Technology Campus in Bangalore, India, which has seen a 30% increase in its workforce over the past year. Together, these campuses form a truly global development and manufacturing network, reinforcing Zitro’s presence in more than 52 countries and its ability to meet international demand with the highest quality standards.

“This is more than just a new building, it’s a statement about where Zitro is headed,” said Johnny Ortiz, Founder of Zitro. “We’re scaling up to meet demand, yes, but we’re also creating the space to dream bigger, innovate faster, and deliver experiences that truly resonate with operators and players everywhere. Most importantly, this expansion aligns with our strategic vision for continued innovation and global market leadership.”

The new facility features modern warehousing systems, optimized production workflows, and advanced logistics infrastructure, all while meeting the highest ESG standards, ensuring a sustainable, energy-efficient environment that reflects the company’s commitment to environmental responsibility and employee well-being.

With this expansion now fully operational, the company has established the infrastructure foundation necessary to support its ambitious growth trajectory and commitment to delivering premium gaming experiences worldwide.

Cambodia drafts new law to combat telecom and online scams

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Cambodia is fast-tracking a new Anti-Telecommunication Fraud Law to strengthen its legal framework and intensify efforts against increasingly complex online scam operations, according to an official government announcement on Wednesday.

A report by local media outlet The Cambodia China Times indicates that the Ministry of Justice has completed a draft of the proposed legislation and submitted it for an inter-ministerial technical meeting review. The legislation was prepared under instructions from Prime Minister Hun Manet.

The meeting, chaired by Deputy Prime Minister and Justice Minister Koeut Rith, brought together representatives from the Ministry of Interior, Ministry of Economy and Finance, National Bank of Cambodia, Ministry of Posts and Telecommunications, and the National Committee for Combating Cybercrime.

Discussions focused on refining specific legal provisions, with authorities aiming to complete technical revisions before submitting the bill to the Cabinet for further consideration in the near future.

The Ministry of Justice said the proposed law is designed to strengthen prevention, enforcement, and punishment mechanisms related to telecom and online fraud. It will also clarify the division of responsibilities among law enforcement agencies, improve operational efficiency, and enhance inter-agency coordination. Officials noted that the legislation is intended to provide stronger legal support for ongoing nationwide enforcement campaigns.

Cambodia has recently intensified its crackdown on telecom and internet-based scams, which have drawn growing domestic and international scrutiny. The government has established a timeline to complete nationwide enforcement operations against such criminal activities by the end of April this year.

Authorities said the campaign includes the removal of individuals involved in fraudulent activities and measures to prevent the country from being used again as a base for cross-border criminal networks.

Officials emphasized that the new law will serve as a key pillar in sustaining long-term anti-fraud efforts and ensuring consistent enforcement across the country.

Cambodia is also strengthening its regulatory and financial oversight framework to avoid being placed on the Financial Action Task Force’s grey list for a third time. As part of this effort, authorities are enhancing anti-money laundering and know-your-customer policies nationwide.

Hong Kong Jockey Club CEO warns of rampant illegal betting: report

The CEO of the Hong Kong Jockey Club has issued a stark warning regarding the rapid growth of illegal betting markets globally.

According to The Racing Post, Winfried Engelbrecht-Bresges emphasized the need for domestic gambling regulators to adopt a more international perspective to effectively address this issue.

He also noted that illegal wagering is thriving, with illegal bookmakers offering more attractive prices, credit and cryptocurrency options, complicating efforts to combat money laundering. The executive stressed that “illegal wagering is rampant; its growth is exponential”, cautioning that focusing solely on national regulations will not yield significant results.

The HKJC CEO also criticized the affordability checks introduced in the UK as part of its 2023 gambling white paper, citing it as one example that inadvertently incentivizes bettors to seek offshore options. “Affordability checks have created a massive incentive to go offshore”, he pointed out.

At the same time, Engelbrecht-Bresges highlighted the industry’s challenge of stagnation, pointing out that, as stakes increase, top horses often avoid competing against each other. The CEO warned that, without promoting the sport beyond wagering – particularly to younger generations seeking immediate satisfaction through gaming, the industry risks continued decline.

Crane NXT posts solid 2025 results, lifts dividends

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Crane NXT reported robust fourth-quarter and full-year results for 2025 and said it will raise its annual dividend by 6 percent, as the industrial technology group presses ahead with acquisitions and forecast growth.

The company, listed on the New York Stock Exchange, said full-year sales climbed about 11 percent to $1.66 billion, driven in part by the acquisition of De La Rue Authentication Solutions.

For the fourth quarter ended December 31, net sales rose nearly 20 percent to $476.9 million from $399.1 million a year earlier.

In its latest financial report, Crane NXT said core sales — excluding acquisition and foreign-exchange effects — grew 4.8 percent in the final quarter, while operating profit margins held steady despite cost pressures.

The board approved a quarterly dividend of $0.18 per share for the first quarter of 2026, representing a roughly 6 percent increase over the prior year. The dividend is payable March 11th to shareholders of record on February 28th.

Chief Executive Aaron W. Saak said the company made “significant progress evolving our portfolio”, highlighting an initial equity investment in Antares Vision that expands Crane NXT’s reach into life sciences and food and beverage sectors. Completion of the Antares Vision acquisition remains on track for later this year.

Crane NXT also issued guidance for 2026, forecasting adjusted earnings per share of between $4.10 and $4.40 and continued moderate sales growth.

Daily Asia Gaming eBrief: Fitch affirms Macau’s ‘AA’ rating and Stable outlook

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Good Morning. Being part of the ‘AA’ club is not a problem, particularly for Macau, as strong visitation and mass play (especially premium) caused Fitch Ratings to affirm its ‘AA’ rating and Stable outlook. Expectations are for a slight tempering of GDP growth this year as the territory struggles to diversify its economy. Looking to operators, MGM China’s licensing fee increase has caused some concerns over dividends, but analysts anticipate the operator will placate shareholders accordingly. And in the Philippines, the online sector is tightening up even more, with PAGCOR pushing better KYC protocols and advertising restrictions.

What you need to know

On the radar


AGB Intelligence

Macau, Ruins of St. Paul

Fitch affirms ‘AA’ rating and Stable outlook 

Strong visitation and mass market play are expected to continue this year, causing analysts at Fitch to affirm their ‘AA’ rating for Macau, with a Stable outlook. The premium mass segment should remain ‘relatively resilient’, with expectations for GDP growth to slow slightly year-on-year to 4 percent. Healthy fiscal reserves help allay concerns over the territory’s strong dependence on China, despite limited options for economic diversification.


Industry Updates


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GLI names Patrick Cottingham as Director of Client Services for North America

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Gaming Laboratories International (GLI) has announced the promotion of Patrick Cottingham to Director of Client Services for North America.

Previously, Patrick served as Senior Manager of Client Services. Before commencing his career as an engineer with GLI, he served with the United States Air Force.

Cottingham’s dedication to his clients was clearly evident both inside and outside of GLI. He transitioned to the Client Services team where he progressed and built a team laser-focused on providing the very best customer service where his and his team’s clients have benefited from his engineering and gaming experience.
 
Commenting on Patrick’s promotion, Ian Hughes, GLI Chief Revenue Officer, said, “We are thrilled to announce Patrick’s well-deserved promotion to Director of Client Services for North America. Patrick leads a team of dedicated and committed client services representatives who ensure our clients receive the best service during their compliance journey with GLI.”

Wynn Resorts Macau tops Macao in Forbes Travel Guide Awards 2026

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Wynn Resorts Macau stands at the top of Macao’s luxury hospitality landscape, receiving the most Forbes Travel Guide (FTG) awards of any individual resort this year. Together, Wynn Macau and Wynn Palace amassed 63 stars in 2026, reaffirming their leadership in world‑class service.

For three consecutive years, Wynn Palace has reigned as the largest FTG Five-Star resort in the world, and it is the only resort worldwide with six individual FTG Five-Star awards. The luxurious resort on Cotai also carries on its legacy of holding the most FTG Five-Star restaurants of any individual resort in the world, achieving this honor for seven straight years. 

“The outstanding achievements of Wynn Macau and Wynn Palace in the 2026 Forbes Travel Guide Awards reaffirm our continued commitment to raising the bar, elevating our service standards, and driving innovation,” said Frederic Luvisutto, Chief Operating Officer of Wynn Macau. “With Wynn Resorts Macau receiving the most Forbes Travel Guide awards of any individual resort in Macao this year, this recognition speaks volumes for how our teams go above and beyond to deliver exemplary service for travelers from all around the world.” 

Wynn Palace retained its status once again as home to more FTG Five-Star Restaurants than any other individual resort in the world, garnering four Five-Star Restaurant accolades at Chef Tam’s Seasons, Mizumi, Sushi Mizumi and SW Steakhouse. At Wynn Macau, Wing Lei has been recognized once again with the Forbes Five-Star Restaurant award, reaffirming its exceptional culinary standards. 

Wynn Resorts Macau received the following 2026 Forbes Travel Guide Awards:

Wynn Macau

  • Wynn Macau (Five-Star) 
  • Encore at Wynn Macau (Five-Star)  
  • The Spa at Wynn Macau (Five-Star) 
  • The Spa at Encore (Five-Star)  
  • Wing Lei (Five-Star) 
  • Drunken Fish (Four-Star) 

Wynn Palace

  • Wynn Palace (Five-Star) 
  • The Spa at Wynn Palace (Five-Star) 
  • Chef Tam’s Seasons (Five-Star) 
  • Mizumi (Five-Star) 
  • Sushi Mizumi (Five-Star) 
  • SW Steakhouse (Five-Star) 
  • Lakeview Palace (Four-Star)