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1xBet took center stage at SIGMA Euro-Med 2025, amplifying its leadership in the iGaming space

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Global betting brand 1xBet made a strong showing at SIGMA Euro-Med 2025, one of the leading iGaming expos in Europe and the Mediterranean. As an event sponsor, the company underscored its industry presence, with Strategic Advisor Simon Westbury joining the opening day panel, ‘No Suits, No Filters: The Real Talk from the Top.’

The event was held from September 1 to 3 and gathered 12,000 delegates, 2,160 operators, and over 400 speakers. 1xBet presented its booth, which attracted many exhibition attendees. Among the guests was the Prime Minister of Malta, Robert Abela.

Commenting on 1xBet’s participation in the event, Strategic Advisor Simon Westbury shared: “SiGMA Euro Med in Malta was a landmark event for 1xBet. From the honour of winning an industry award, to a valuable meeting with the Prime Minister of Malta, to our active role on high-level panels. The week was defined by meaningful dialogue and genuine energy. The conversations at the 1xBet stand captured the spirit of innovation and collaboration that drives our industry forward. We are grateful to the SiGMA organisers for delivering a first-class show that brought the global iGaming community together.”

The 1xBet booth had a welcoming atmosphere that encouraged productive networking. Company managers shared their expertise and discussed the advantages of the betting brand. Visitors at the booth were also introduced to unique partnership opportunities through the 1xPartners affiliate program, which features over 9 years of experience in affiliate marketing, a presence in more than 150 countries, high commissions for each player referred to the 1xBet platform, and over 250 payment methods for withdrawals.

 

Sun Group targets 2032 launch for $2B Van Don casino project 

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Vietnam’s Sun Group has unveiled plans to complete a VND51.6 trillion ($2 billion) integrated resort and casino in the Van Don Economic Zone of Quang Ninh province by 2032, according to an environmental impact assessment submitted by its subsidiary, Van Don JSC.

The 244-hectare development, strategically located along the northern coastline with direct sea access, will accommodate up to 10,500 visitors and aims to strengthen Vietnam’s competitiveness in the regional tourism market, particularly among Northeast Asian travelers.

Citing a report from The Investor, the project will be developed in three phases. The first stage is expected to conclude in the second quarter of 2027, the second phase by late 2030, and final completion by mid-2032.

The centerpiece of the project will be a 36.7-hectare casino complex housed in a 25-story tower with three basement levels. It will feature 214 gaming tables and 2,140 slot machines, along with high-rise hotels, premium entertainment venues, and conference facilities. Sun Group also plans to seek government approval to allow Vietnamese nationals to participate in gaming activities through a three-year trial program.

Van Don JSC described the project as “urgent and necessary” for attracting international visitors and enhancing Vietnam’s competitiveness in the regional tourism sector. The company highlighted the area’s strong infrastructure links, including Van Don International Airport, Ha Long International Cruise Port, and expressway connections to Ha Long and Mong Cai.

Provincial authorities estimate the project will contribute more than VND228 trillion ($9.6 billion) to the local budget over its 70-year operational period, while generating 6,000 jobs. Quang Ninh province, home to the UNESCO World Heritage site Ha Long Bay, welcomed 12.1 million visitors in the first half of 2025, up 16 percent year-on-year, including 2.3 million international tourists.

MGM CEO credits Chinese travel easing for fueling Macau’s rapid recovery

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Macau’s swift rebound from the pandemic downturn has been propelled by Chinese authorities’ relaxation of travel restrictions, according to MGM Resorts International CEO and President Bill Hornbuckle.

Bill Hornbuckle, MGM Resorts, CEO, President
MGM Resorts International CEO & President Bill Hornbuckle

MGM Resorts International is part of Macau gaming concessionaires of MGM China. 

Speaking at the BofA Securities 2025 Gaming and Lodging Conference on September 4th, Hornbuckle said that Macau has recorded significant prosperity and outperformed the broader Chinese hospitality sector this year, with visitor volumes and gaming revenues rising steadily as travel limitations were lifted.

“Macau is an exception,” he noted. “They have allowed people to come. If you go back a year or two years ago, they were telling individuals, ‘I’m sorry, you’ve been four times, you can’t go a fifth time.’ Any and all of that has stopped for now. I think they’re letting the market run.”

The statement aligns with public policy announcements by China’s authorities over the past one or two years, which included expanding the Individual Visit Scheme (IVS) to new areas and removing some visitation limits for neighboring regions. Previously, Chinese authorities had implemented strict monitoring and control measures for mainland Chinese visitors, largely through visa issuance and immigration controls. This recent policy shift reflects a strategic decision to support Macau’s economic recovery.

Hornbuckle highlighted that the city welcomed about 25 million visitors this year, underscoring the relatively small penetration compared to China’s population of 1.4 billion. “If you really start to think about it, it’s 7 or 8 million people coming three times a year,” he said. “So what we need to feed that marketplace is slim compared to the broader population.”

He added that the removal of junket operators has not hindered growth, with MGM seeing strong demand from Southeast Asia and premium players. “VIP customers are still coming and in mass,” Hornbuckle explained, adding that MGM’s established direct relationships with customers had provided a competitive advantage.

MGM secures seven 5-Star Awards from the Forbes Travel Guide 2025

Promotional environment remains disciplined

While MGM has been aggressive in revamping its casino floor, adding new tables, and expanding suite offerings, Hornbuckle stressed that the promotional environment in Macau has remained under control amid escalating competition.

“Fortunately, I don’t think we’ve seen—although it’s always aggressive there—we haven’t seen marketing dollars continue to creep out of control,” he said. “I think the programming is in play, and I think the government watches that all now closely anyway. So I think there’s a check and balance there.”

Hornbuckle projected a margin of around 28 percent, pointing to efficiencies in floor design, customer service, and premium offerings. “We’ve been rewarded for making those changes,” he added.

Asked whether market-share competition might push up promotional spending, he responded: “We had this very conversation a year ago, and a year later, we still haven’t gone crazy. I would challenge that concern.”

OSAKA-IR, MGM-Orix, Japan

Osaka IR advances with major investment

Turning to MGM’s Japan plan, Hornbuckle confirmed progress on the company’s integrated resort in Osaka, which is expected to open in the third or fourth quarter of 2030. Construction is already underway, with significant capital committed.

“We are literally in the ground. We have poured our 52nd pile as of this morning,” Hornbuckle said.

Sarah Rogers, MGM’s senior vice president of corporate finance, outlined the financial commitments to the Osaka development. “This year will be around $300 million and the future years at around $500 million to $600 million,” she said. “The financing in place is JPY380 billion, with about $2.6 billion in outstanding dollars remaining.”

Hornbuckle called the Osaka integrated resort a “once-in-a-lifetime opportunity” for the company, noting the Kansai region’s robust pachinko market and improved transport infrastructure. “We’ve been at this for 16 years,” he said. “It will be 20 years before we open from the first day I met my first Diet member. But we couldn’t be more excited.”

Ivan Montik & Rubens Barrichello headline SBC Summit with insights on performing under pressure

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Champions of innovation and speed, Ivan Montik, Founder of SOFTSWISS and Rubens Barrichello, former F1 driver and Non-Executive Director at SOFTSWISS for LatAm, will take the Super Stage at the SBC Summit in Lisbon on 16 September. Their fireside chat, Excellence Under Pressure: Evolving in a Fast-Moving Space, will explore how to thrive in the iGaming industry.

The SBC Summit is one of the world’s leading events for the sports betting and iGaming industry, bringing together more than 25,000 delegates, 600 speakers, and 1,000 exhibitors from across the globe.

The Super Stage hosts the headline sessions, featuring thought leaders who shape the industry’s future. Against this backdrop, the fireside chat between Montik and Barrichello promises to be a highlight of the Lisbon event.

In Formula 1, excellence means performing at the limit while rules and technology constantly evolve. iGaming is no different. In this fireside chat, Ivan Montik and Rubens Barrichello will explore how to sustain excellence under pressure –  turning regulation into advantage, balancing speed with reliability, and building systems that adapt without breaking. Barrichello will share lessons from F1’s rapid technological changes, while Montik will show how SOFTSWISS applies similar agility in iGaming, innovating quickly while ensuring compliance and stability.

Last year, Montik and Barrichello’s dialogue on leadership became one of the highlights of the SBC Leaders Summit, sparking strong interest from the audience. Building on that success, they return to the stage this year with a new focus: innovation. 

“Excellence under pressure means building systems that adapt fast without breaking. As a founder, I always stand for consistency, reputation, and delivering for our clients. We never innovate for the sake of innovation – but we always look ahead. Our R&D team closely monitors trends so we don’t miss them, but create them. At the same time, we ensure stable, uninterrupted iGaming software that runs 24/7 with uptime close to 100%. At this speed, it’s about taking every curve smoothly and helping our clients lead in every market. I look forward to meeting our partners at the Summit, sharing insights, and connecting in person,” said Ivan Montik, Founder of SOFTSWISS.

Ivan Montik and Rubens Barrichello will also join the SOFTSWISS team at Stand B160 to discuss the business and innovations worldwide.

BetConstruct named “Industry Trendsetter 2025” at SiGMA Euro-Med Awards

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BetConstruct has announced that its innovative solution, Bonus Pie, has been honoured with the “Industry Trendsetter 2025” Award at the prestigious SiGMA Euro-Med Awards. This recognition underscores the company’s commitment to setting new benchmarks in promotional innovation across the iGaming industry.

Bonus Pie is designed to boost player engagement and loyalty. Players collect Pie Points through enjoyable activities such as cashback rewards, tournament wins, or spins on the Wonder Wheel. These points can then be redeemed for exclusive NFTs tied to Ortak category games, ensuring that every interaction is rewarding.

The system is designed to be seamless and user-friendly. Pie Points are earned instantly, balances are updated in real time, and players can easily track their progress and redeem rewards through a sleek iframe accessible on both mobile and desktop.

Bonus Pie offers a simple and scalable solution to boost retention and engagement for casino platforms. It supports the creation of customised promotions aligned with business goals, strengthens long-term loyalty, and helps brands stand out with something truly unique. At the same time, it unlocks additional revenue potential through point sales and cashback features, all while being easy to manage and integrate within the wider BetConstruct ecosystem.

This solution clearly demonstrates BetConstruct’s ability to combine entertainment with innovative reward mechanics. It benefits players with unique, goal-driven experiences and exclusive rewards, while providing operators with powerful tools to build sustainable growth and lasting loyalty.

Daily Asia Gaming eBrief: Judgement Day for Thailand’s casino aspirations

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Good Morning. Curtain call. The final act in Thailand’s political theater surrounding its attempts to push through casino legislation is now on full display. The departure of Thaksin Shinawatra from the country lays bare the fragility of the concept, based on shaky alliances and dragged down by contrasting viewpoints. Meanwhile, in Macau things are looking up, with expectations for strong GGR growth this and next year. In the world of operators, Galaxy says that it is successfully attracting new clients thanks to the strength of its entertainment programming.

What you need to know


On the radar


AGB Intelligence

Thailand

Judgement Day: Thai Entertainment Complexes

Thailand’s political drama continues to play out, with the latest intrigue now surrounding Thaksin Shinawatra’s sudden departure from the country. Author and gaming expert Daniel Cheng delves into the saga of the nation’s ongoing (and likely failing) attempt to secure casino legislation.


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INTELLIGENCE | ASEAN | CAREERS

Judgement Day: Thai Entertainment Complexes

Thailand’s political drama continues to play out, with the latest intrigue now surrounding Thaksin Shinawatra’s sudden departure from the country. Author and gaming expert Daniel Cheng delves into the saga of the nation’s ongoing (and likely failing) attempt to secure casino legislation.

Daniel Cheng
Daniel Cheng, author ‘How I Built an Integrated Resort’

It reads like a lost chapter from Romance of the Three Kingdoms, that sprawling Chinese epic where loyalty clashes with betrayal, strategy is undone by fate, and heroism is merely a prelude to tragedy. And just as the Yellow Turban Uprising precipitated the titanic power struggle between the warlords of Wei, Shu, and Wu eighteen centuries ago, the Yellow Shirt movement served as the prologue to a modern reenactment of the great classic of Chinese literature, a dynastic drama that has been unfolding over the last twenty years in the southeastern kingdom of Thailand between Shinawatra, Chidchob, and Juangroongruangkit, the three great clans of Thai-Chinese ascendancy.

Like the defining feature of that epic period, the relationships among these three political blue-blood families shifted constantly, becoming allies at one moment and bitter enemies the next. The Shinawatra patriarch, Thaksin, was driven into exile fifteen years ago, a downfall sparked by the treachery of his once-trusted confidant, Newin Chidchob. The prodigal father of Thai politics made his triumphant return to Thailand two years ago, made possible by his political chariot, the Pheu Thai party, being back in the driver’s seat in government.

But like any good Greek, or in this case Siamese protagonist’s journey, his came fraught with a significant catch of a devil’s bargain with his sworn nemesis, Chidchob and the irony of a reluctant alliance with his Bhumjaithai party to form a coalition government. It was an affair of convenience, a political shotgun wedding that had all the warmth of a February morning in Siberia.

For a time, the two dons co-existed in an uneasy truce of expediency. Their relationship was a masterclass in passive-aggression, a constant exchange of veiled barbs and thinly-veiled insults that could only be deciphered by those fluent in the esoteric art of Thai political subtext. It was a union destined to fail, and fail it did, spectacularly, in June. The fragile coalition, held together by little more than a shared desire for a slice of the political pie, finally shattered like a dropped teacup.

Thai

With Bhumjaithai exiting the government, the Chidchobs dropped all pretense, and from their new perch in the opposition, they began to chip away at Pheu Thai’s already-thinning majority with the relentless persistence of a woodpecker on a hardwood tree. And when the Shinawatra progeny was unceremoniously defenestrated from the prime ministerial seat last week, the Bhumjaithai party pounced.

Striking with the precision of a cobra, they engineered a series of defections that tipped the scales of parliament into a state of glorious, delicious gridlock. With neither side able to form a government, the stage was set for a denouement worthy of a Netflix blockbuster.

And who do both sides turn to for salvation? The scion of the Juangroongruangkit clan, Thanathorn. The leader of the progressive movement, a man whose political ideals are as refreshing as a cold Singha on a sweltering Bangkok afternoon, now holds the key to the kingdom. Both patriarchs, with their political dreams in tatters, are now forced to bow to the younger upstart, begging for his party’s support to break the deadlock. He held the two warring factions on tenterhooks, a political ballet where the music had stopped and no one dared to move for fear of being left out of the next dance.

The final act

For two whole days, his People’s Party leadership deliberated behind closed doors, playing out every conceivable scenario, every potential political fallout from choosing one side, the other, or neither at all. When the party finally made its decision, opting for Bhumjaithai on Wednesday as what they felt was the lesser of two evils, the caretaker Pheu Thai prime minister immediately sought to dissolve the legislature.

It was a desperate, last-ditch gambit to trigger fresh elections and thwart Bhumjaithai’s rise to power. But the Royal Privy Council, a body whose power is as veiled as it is absolute, swiftly rejected the plea paving the way for a formal vote in the House on Friday to anoint Anutin Charnvirakul from Bhumjaithai.

In a final, desultory act of political theater, Pheu Thai, with the clock ticking down, pledged to one-up the People’s Party on their conditions. They promised an immediate election once their candidate was in office, a belated conversion to the cause of a swift return to the polls.

But it was, as so many things in this saga have been, too late. The decorum, the principles, and indeed the sheer political pride of the progressive party would not allow such a blatant eleventh-hour concession.

Had Pheu Thai proposed this from the start, a different narrative might have been written. But at this stage, it was a move that lacked both grace and foresight. With that, there were no cards left to play for the Shinawatras with the House vote just twenty-four hours away.

Thaksin has left the building

The malaise in the Shinawatra camp has left Thaksin in a precarious position, his freedom hanging on a critical verdict from the criminal court next Tuesday. Without his Pheu Thai party in power, he would be stripped of his biggest Get Out of Jail Free card if found guilty.

Thaksin Shinawatra
Thaksin Shinawatra

Adding to the intrigue, the script for this drama took a sudden, unexpected twist yesterday evening. Thaksin’s name, at the last possible moment, appeared on the flight manifest of his sleek Bombardier Global 7500 private jet. The initial, rather flimsy claim of a trip to a southern province was quickly exposed as a thinly-veiled ruse, as it was later sheepishly admitted to immigration officials that he was, in fact, leaving the country.

Local media, ever the purveyors of contradictory narrative, offered up a chaotic buffet of reasons for his trip. One cited a mysterious business venture in Singapore, another a sudden medical appointment. The abruptness of the trip and its timing, naturally lit a fire under the kindling of social media. The conspiracy theories, as they are wont to do, spread like wildfire, all suggesting the familiar narrative that the patriarch may be on the run once more.

His team, in a show of forced assurances, insisted that it was merely an overnight visit and that he would return the very next day.

And here lies a final, exquisitely cruel irony. His destination is Singapore—mi casa, and also home to the very integrated resorts that were central to his grand vision for legalizing casinos in Thailand, a plan that has contributed in no small measure to the present woes of both him and his party.

One is almost left to wonder if, with the already entertainingly breathtaking theater of Thai politics on full display, there’s any need for entertainment complexes at all. The circus, it seems, is already in town, and the show is proving to be far more gripping than anything a casino floor could ever offer.

Scientific Games launches Obsidian, expanding its holographic lottery portfolio

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Scientific Games, the gaming powerhouse, has unveiled Obsidian—its latest breakthrough in instant scratch game innovation and a revolutionary addition to its global holographic lottery portfolio.

Obsidian will debut at the North American Association of State & Provincial Lotteries (NASPL) 2025 Conference, taking place September 8 to September 11 in Ontario, Canada.

NASPL 2025

With 18 unique design concepts, Obsidian games feature a dramatic combination of all-black tones and holographics to create a sleek, glasslike appearance. Named after naturally occurring volcanic rock, the Obsidian line offers a bold, ultra-premium look and scratch experience.

Obsidian is one of a number of new product designs from Scientific Games to be unveiled at NASPL 2025. The new products were developed by Scientific Games’ Innovation and Discovery teams at its metro Atlanta global headquarters, the largest lottery instant game production facility in the world. Obsidian games will also be produced at the company’s Canadian and UK facilities.

“Our game innovators have followed holographic trends on high-end luxury items and were inspired to create fresh, new games centered on value proposition design for our lottery partners,” said Danielle Hodges, Senior Director, Global Product Innovation & Development for Scientific Games. “At a time when the market basket average is increasing, holographic games allow lotteries to differentiate their games by adding a touch of luxury and uniqueness.In sneak previews of Obsidian with several lotteries, the response we’ve received is pure excitement.”

The company continues to lead the industry in scratch game innovation, using holographics to heighten retail appeal and create immersive player experiences.

Scientific Games, the world’s largest creator, producer and manager of lottery instant games, offers more than 100 strategic enhancements for its world-leading scratch products. The company’s products represent 70% of global instant game retail sales.

Innovating products and solutions that move the global lottery industry forward since 1973, Scientific Games provides retail and digital games, technology, analytics and services to 150 lotteries in 50 countries around the globe, including nearly every North American lottery.

AGEM Index increased by 5% m-o-m in August

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The Association of Gaming Equipment Manufacturers (AGEM) Index marked August with a high note, rising by 5 percent from the prior month. Compared to one year ago, the index was up by 32.1 percent.

During the month, eight of the 12 AGEM Index companies reported stock price increases, which resulted in eight positive contributions and two negative contributions to the AGEM Index.

AGEM Index increased by 5% m-o-m in August

The largest positive contribution to the monthly index was Konami Corp, whose 9.2 percent increase in stock price led to a 53.28-point gain for the index.

Meanwhile, Aristocrat Leisure Limited saw its stock price increase by 3.8 percent, leading to a 41.12-point gain for the index.

The largest negative contribution to the index was Light & Wonder, whose 4 percent decrease in stock price resulted in a 8.6-point loss to the AGEM Index.

In August, all three major US stock indices increased from the prior month. The NASDAQ rose by 3.9 percent month-on-month, while the S&P 500 increased 3.6 percent. Meanwhile, the Dow Jones Industrial Average rose by 4.5 percent from the prior month.

Suntrust confirms handing over of reins for Westside City project with $56M stock purchase

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The developer behind the Westside City project in Manila, Suntrust Resort Holdings, has confirmed its handing over of the reins to the project, on Thursday indicating a share purchase which solidifies its minority stake.

According to a stock exchange filing, Suntrust subscribed to 400 million common shares of Westside Bayshore Holding Corporation, amounting to 40 percent of the issued shares.

‘Through this acquisition, Suntrust will effectively hold an indirect interest in ECRC, a subsidiary of WBHC, which assumed all rights and obligations related to the Westside Integrated Resort Project to ensure its timely construction, development, completion and operation,’ stated the company.

WBHC is a holding company and subsidiary of Travellers, under the Alliance Global group.

AGI, Alliance Global Group, Newport World Resorts, Philippines

In total, Suntrust’s holding, at PHP8 ($0.14) per share, amounts to PHP3.2 billion ($56 million).

Justifying the move, the company noted that ‘The acquisition forms part of Suntrust’s broader corporate restructuring plan, which involves shifting its strategic focus toward holding investments in the tourism and gaming sectors’.

In a filing published on Monday, Suntrust – a subsidiary of the LET Group – indicated that it was pursuing a ‘strategic working agreement with Travellers International Hotel Group, Inc., Westside City Inc., Westside Bayshore Holding Corporation and Entertainment City Resorts Corporation (ECRC) to expedite the completion of the now-expanded Westside Integrated Resort Project’.

Under the agreement, Suntrust would effectively only hold a 20 percent indirect interest in ECRC. As announced on Monday, ‘ECRC will assume all rights and obligations related to the project’.