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World Cup weighs on Macau premium mass as Citigroup survey shows wagers down 38% to post-pandemic low

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Citigroup’s latest Macau table survey showed a broad slowdown in premium mass gaming activity in June 2026, with total wagers observed falling 38 percent year-on-year to HK$9.8 million ($1.25 million), the lowest level recorded in the post-pandemic period for the survey, as Citigroup pointed to the ongoing World Cup as a drag on casino demand.

In a June 21st note, Citigroup analysts George Choi and Timothy Chau said the decline was ‘not surprising’ given that Macau gross gaming revenue has historically softened during major global soccer tournaments. The analysts said the World Cup, together with a high comparison base from Jacky Cheung’s concert in June 2025, weighed on the monthly survey results.

The tournament’s expanded format also provides additional context for the slowdown. Citigroup previously noted that this year’s World Cup includes 104 matches, more than double the 51 matches in UEFA Euro 2024 and well above the 64 matches in the 2018 FIFA World Cup, potentially increasing its impact on Macau gaming demand.

‘The final whistle of the soccer tournament will blow on July 19th, and we remain confident that a swift post-tournament recovery will happen,’ Citigroup said.

The survey recorded 448 premium mass players, down 29 percent from June 2025. Average wager per player declined 13 percent year-on-year to HK$21,775 ($2,778), compared with HK$25,130 ($3,205) in June last year.

Citigroup noted that the June 2026 total wager level was similar to the HK$10 million ($1.28 million) recorded in June 2024, when the UEFA Euro 2024 tournament was taking place. The analysts said this suggested major soccer events may temporarily divert some gaming focus from Macau casinos.

The number of high-end players also declined. Citigroup said it observed 24 ‘whales’ during the June survey, compared with 35 in June 2025. The highest-spending player, identified as the ‘Player of the Month,’ was seen at City of Dreams’ Signature Club, wagering HK$680,000 ($86,735). Other notable players included an HK$380,000 ($48,469) whale at Galaxy Macau’s Pavilion North and an HK$220,000 ($28,061) whale at City of Dreams’ Signature Club.

By operator, Melco gained share in total wager observed, with the Player of the Month helping it record 21 percent of survey wagers, making it the most improved operator. Galaxy remained the leader with a 25 percent share, while Wynn’s share fell to 13 percent.

Citigroup also observed 287 premium mass tables with players wagering, out of 739 open tables with dealers. The last time the survey recorded so few premium mass tables in use was December 2024. Average mass baccarat minimum bets across Macau fell 8 percent year-on-year to HK$1,905 ($243), below the HK$2,000 ($255) level for the first time since April 2025.

Asia Gaming eBrief: Offshore jurisdictions raise bar on player dispute rules

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Good morning. An ounce of prevention. Alternative dispute resolution (ADR) in iGaming used to live in the fine print: a quiet clause buried in the terms, rarely discussed. Now it has been dragged into the open. Curacao’s new LOK framework turns ADR from a polite recommendation into a binding licensing condition, with Anjouan, Nevis, Malta and the UK all pressing the same way — an independent complaints process is no longer optional infrastructure. In Myanmar, the country stays on the FATF ‘black list’ flagged again for extensive fraud and scam-linked illicit finance. Meanwhile, in Macau, the three-day Dragon Boat holiday drew over 380,000 visitor arrivals, supported by the seasonal break in mainland China and Hong Kong.

What you need to know

On the radar


AGB Intelligence

Online gambling, Philippines, Online gambling ban, gambling addiction, Online gaming ban,igaming

Offshore gaming markets close ranks on ADR

Alternative dispute resolution (ADR) is becoming a central compliance issue for iGaming operators as more jurisdictions move from voluntary guidance to mandatory requirements. Curacao’s LOK framework is a key example, requiring licensed operators to work with certified ADR providers. Similar moves in Malta, the UK, Anjouan and Nevis show a broader shift toward stronger player protection, independent complaint handling and greater regulatory scrutiny of unresolved disputes.

Industry Updates


Corporate Spotlight

How Crypto Adoption in Asia is Changing iGaming Payments

Yevhen Krazhan, CSO for GR8 Tech

Yevhen Krazhan, CSO at GR8 Tech, explores how surging crypto adoption across Asia is revolutionizing iGaming payments, stating: “When I look at what’s changing fastest in Asia, it’s payment behavior,” as wallets, stablecoins, and seamless cross-border transfers become deeply ingrained in player habits. The winning operators will be those that offer fast, reliable, and local deposits and withdrawals. To make sense of it, Yevhen breaks Asia into two crypto realities.


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Myanmar remains on FATF ‘black list’ as cyber scam risks persist

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Myanmar will remain on the Financial Action Task Force’s (FATF) high-risk jurisdictions list, commonly referred to as the ‘black list,’ after the agency said on June 19th that the country still has strategic deficiencies in its anti-money laundering and countering the financing of terrorism (AML/CFT) regime and must remain subject to enhanced due diligence measures.

The FATF said Myanmar has been subject to a call for action since October 2022, after its action plan expired in September 2021 and the country failed to address most of its outstanding items within the required timeframe. The agency said financial institutions should increase the degree and nature of monitoring of business relationships linked to Myanmar to determine whether transactions or activities appear unusual or suspicious.

FATF

The FATF warned that if Myanmar does not make further progress by October 2026, it will consider countermeasures. At present, Myanmar is subject to enhanced due diligence, rather than the stronger countermeasures applied to Iran and the Democratic People’s Republic of Korea.

During the latest reporting cycle, the FATF said Myanmar had taken some steps to improve its AML/CFT framework, including showing greater use of financial intelligence in law enforcement investigations, investigating transnational money laundering cases with international cooperation, and increasing the freezing, seizing and confiscation of criminal proceeds, assets and property of equivalent value.

However, the FATF said Myanmar must ‘urgently work’ to further implement its action plan. Remaining requirements include increasing operational analysis and dissemination by the financial intelligence unit and ensuring that money laundering is investigated and prosecuted in line with the country’s risks.

The FATF also highlighted continuing concerns over illegal finance linked to fraud and cyber scam activities. It said ‘fraud and cyber scam activities in Myanmar remain extensive and present significant illicit finance risks,’ despite measures including the formation of a national committee to combat online fraud and gambling and efforts to strengthen regional and international cooperation.

The agency called on Myanmar to address the illicit finance risks associated with fraud and cyber scam threats, while also taking account of victims of trafficking by criminal groups.

The FATF also said that enhanced due diligence measures should not disrupt or discourage humanitarian assistance, legitimate non-profit activity or remittances. It specifically noted the importance of ensuring that earthquake relief efforts and civil society activity in Myanmar are not unduly hindered.

Myanmar will remain on the FATF list until its full action plan is completed.

Macau receives over 380,000 visitors during Dragon Boat holiday

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Macau recorded more than 380,000 visitor arrivals during the three-day Dragon Boat Festival holiday, as the seasonal break in Macau, Hong Kong and mainland China supported cross-border travel, according to police data.

Across the three-day period, Macau’s border checkpoints handled more than 2.07 million passenger movements. Visitor movements into and out of the city totaled more than 776,000, including more than 380,000 arrivals and nearly 396,000 departures.

The Border Gate checkpoint remained the main entry point, receiving nearly 170,000 visitors during the holiday. The Hong Kong-Zhuhai-Macau Bridge and the Macau port area of Hengqin port recorded about 80,000 and more than 63,000 visitor arrivals, respectively.

On the final day of the holiday, Macau’s checkpoints handled more than 631,000 passenger movements. Visitor arrivals reached more than 91,000, including over 38,000 through the Border Gate, more than 21,000 through the Hong Kong-Zhuhai-Macau Bridge and over 14,000 through Hengqin.

Visitor departures on the same day totaled more than 111,800, led by over 46,000 via the Border Gate.

Galaxy Macau shines with multiple honors at Travel + Leisure Luxury Awards APAC 2026

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Galaxy Macau has strengthened its position as a leader in Macau’s luxury hospitality sector, earning six accolades at the Travel + Leisure Luxury Awards Asia Pacific 2026.

Galaxy Macau shines with multiple honors at Travel + Leisure Luxury Awards APAC 2026
Stuart Deeson, Senior Vice President – Hotels at Galaxy Entertainment Group, represented Galaxy Macau, celebrating the accolade of “Asia Pacific’s Top 10 Integrated Resorts” at the Travel + Leisure Luxury Awards Asia Pacific 2026.

Recognised through editorial selection and global traveller votes, the awards highlight the integrated resort’s commitment to innovation, exceptional experiences, and service excellence.

The property was ranked among the Top 10 Integrated Resorts in Asia Pacific, reflecting its blend of luxury, entertainment, and immersive offerings. Its Grand Resort Deck, home to the world’s largest skytop surfable wave pool, was once again named Best Hotel Pool in Macau, reinforcing its reputation as a premier leisure destination.

Banyan Tree Macau’s pool secured third place in the Top 10 Macau Pools, while Raffles at Galaxy Macau made its debut on the Top 10 Macau Hotels list, showcasing its all-suite luxury, personalised service, and signature dining experiences.

Further cementing its standing in wellness, The Ritz-Carlton Spa, Macau and Banyan Tree Spa Macau were both recognised among the Top 10 Hotel Spas in Macau, highlighting Galaxy Macau’s world-class relaxation offerings.

These accolades underscore Galaxy Macau’s dedication to personalised service and curated guest experiences. As it continues to evolve, the resort remains a top destination for discerning travellers, with an integrated portfolio of luxury hospitality, dining, retail, and entertainment experiences.

How licensing makes a difference for players, partners, and the market

The impact of licensing extends far beyond the operator. It shapes the relationships between platforms, players, partners and the wider market. In a regulated environment, betting ceases to be merely a product and becomes part of a broader legal, financial and sporting ecosystem.

For players, licensing does not necessarily make the betting experience more convenient. Sometimes it’s the opposite: more verification, more procedures, more restrictions. However, these requirements create a clearer and more transparent framework for the relationship between the player and the operator. The operator is subject to regulatory oversight and can be held accountable for violations of the rules. The player interacts not only with a brand that promises safety, but with a company subject to external oversight.

It changes the nature of trust. In an unregulated environment, it largely depends on the operator’s reputation. In a regulated environment, it is supported by procedures, including identification, age verification, financial monitoring, responsible gambling requirements, local legislation, and the ability to appeal to regulatory authorities. These do not guarantee a perfect user experience, but they do provide a more transparent framework for interaction.

For partners, the license has even greater practical significance. A sports club, federation, advertising platform, payment provider, or affiliate evaluates both the commercial offer and the associated risk. Is it safe to work with this operator publicly? Will there be any complaints from the regulator? Won’t the cooperation damage our reputation? Can we build a long-term relationship without worrying that the brand’s market position might become unstable?

A license does not eliminate all risks, but it does provide a basic level of predictability. It demonstrates that the operator has met regulatory requirements, operates within the framework of local laws, and can be part of a legitimate business ecosystem. It is particularly significant for sports partnerships because betting deals are under the scrutiny of fans, the media, regulators, and commercial departments.

Brazil

Brazil demonstrates how quickly a license ceases to be an internal company matter and becomes a prerequisite for market access. Since the introduction of regulation, the country has seen 79 licensed operators, approximately 25.2 million players on licensed platforms, 37 billion BRL in GGR, 10 billion BRL in tax revenue, and 2.5 billion BRL in licensing fees. At the same time, authorities blocked more than 25,000 illegal betting sites. These are no longer just statistics, but a picture of the market’s transition from a gray area to a regulated economy.

Spain

Spain demonstrates another aspect of a mature system: the market is expanding and eliminating illegal operators. The DGOJ has imposed significant penalties on companies operating without a license, including fines ranging from €5 million to €10 million and a two-year suspension.

Ireland

Ireland, on the other hand, is undergoing a restructuring phase: the new Gambling Regulation Act 2024 has established a modern regulatory framework, and the GRAI has been granted authority over licensing, supervision, and enforcement.

All three examples point to a single trend: the betting industry can no longer operate outside of regulatory frameworks. Regulation is becoming not merely an additional layer of oversight, but a central component of the market’s infrastructure.

Against this backdrop, 1xBet can be seen as an example of a global operator that combines international growth with a long-term commitment to regulated markets. Operating across multiple licensed jurisdictions requires continuous adaptation to local regulations, compliance requirements and market conditions. It is a complex and resource-intensive approach, but one that supports sustainable growth and long-term market presence.

For players, this means clearer rules for interaction. For partners, it creates a more predictable environment for cooperation and long-term planning. For the market as a whole, it means greater participation in the legal economy, stronger regulatory oversight and a more sustainable industry framework. In this sense, licensing is no longer simply a legal requirement. Increasingly, it serves as a foundation for trust, accountability and long-term stability across the wider betting ecosystem.

CreedRoomz introduces “Maradona Run,” a World Cup-inspired live game show

CreedRoomz has officially rolled out “Maradona Run,” its latest live game show with official rights, now available to operators connected to the CreedRoomz Live Casino platform.

Built to capture the celebratory spirit of the upcoming World Cup games, this groundbreaking release introduces an authorized, football-themed transformation of the company’s signature interactive game show concept.

By securing the official rights to feature one of the greatest legends in football history, CreedRoomz is inviting global operators and players to engage with Maradona Run, an entirely premium, legally authorized gaming experience.

While the game’s flawless logic and core mechanics remain exactly the same, the visual identity has been completely overhauled to welcome the World Cup games. The character has been transformed into a vibrant, 3D animated caricature of the legendary Maradona, proudly wearing his iconic number 10 jersey. 

Maradona Run seamlessly bridges a fast-paced lottery ball draw with a cinematic, arcade-style endless runner bonus round. During the main game, players manage up to eight interactive cards as football-styled lottery numbers bounce in a high-tech studio chamber. When the bonus round triggers, players leave the studio behind and hit a digital, festive boulevard alongside Maradona himself.

Instead of traditional coins, the animated legend sprints down the obstacle-filled street course collecting glowing soccer balls. These collectibles correspond to crucial gameplay advantages, including total payout multipliers, energy speed-boosts, and prize doublers, culminating in a massive maximum payout potential of up to 10,000x the bet.

“Securing the official rights for Maradona Run allows us to hand our partners a massive competitive advantage just in time for the World Cup games,” said Armen Mnatsakanyan, Head of Sales Department at CreedRoomz. “By merging the legendary global appeal of Maradona with our high-retention endless-runner mechanic, we have created a premium crossover product that effortlessly converts football fans into loyal live casino players. The proven logic and math models are exactly what operators trust, but the brand power and vibrant new look make this a must-have commercial powerhouse.”

The live game show features a highly interactive setup where a live presenter stands side-by-side with the animated Maradona caricature, engaging with players in real-time. With three distinct bonus ticket tiers Sprint, Trailblaze, and Marathon players have multiple pathways to chase massive wins on every single round.

MGM promotes Responsible Dining with Sustainable Gastronomy forum

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MGM co-organized the sustainable gastronomy forum titled “Leading the Shift: The Power of Sustainable Gastronomy to Create Change” with The Sustainable Restaurant Association and Winnow at Vista, MGM COTAI, in recognition of Sustainable Gastronomy Day, a United Nations-designated annual observance.

The event brought together representatives from the government, academia, hospitality, and sustainability sectors to exchange practical insights on the future of responsible dining in Macau. 

As Macau continues to strengthen its position as the World Centre of Tourism and Leisure and UNESCO Creative City of Gastronomy, the event explored how sustainable dining practices can support the high-quality development of the city’s food and beverage sector while enhancing operational resilience, guest experience and environmental responsibility. The event also aimed to support industry capacity building by encouraging peers to adopt more sustainable practices across sourcing, kitchen operations and dining experiences.

The forum also underscored MGM’s continued efforts to translate sustainable gastronomy from discussion into day-to-day operations. In 2025, Aji at MGM COTAI became the first restaurant in Macau to achieve the highest three-star rating under the Food Made Good Standard, reflecting its commitment to responsible sourcing, resource efficiency and sustainable dining practices. 

MGM has also installed Winnow Vision AI+ technology in its kitchens to help track, understand, and reduce avoidable food waste. Extending this commitment to guest experiences, MGM is participating in this month’s Sustainable SEAFood Festival in Hong Kong, while also advancing responsible procurement, having achieved 100% cage-free sourcing for both shell eggs and liquid eggs.

MGM promotes Responsible Dining with Sustainable Gastronomy forum (4)

The program opened with welcome remarks by Geoffrey Simmons, Vice President of Food & Beverage of MGM, stating: “As a UNESCO City of Gastronomy and a global tourism destination, Macau is well equipped to drive sustainable luxury hospitality initiatives. The convergence of culinary excellence and sustainability leadership is a top priority for MGM, and luxury hospitality and environmental responsibility can thrive together.”

MGM promotes Responsible Dining with Sustainable Gastronomy forum (2)

The welcome remarks were followed by a presentation by Karen Finnerty, Director of Growth & Partnerships APAC at The Sustainable Restaurant Association, on global sustainable hospitality practices. Christy Chen, Business Development Lead at Winnow Solutions, a UK-based technology company, then shared how artificial intelligence (AI) and data can help hospitality operators reduce food waste and improve efficiency. 

MGM promotes Responsible Dining with Sustainable Gastronomy forum (3)

A panel discussion, moderated by Karen Finnerty, featured Ruby O, Assistant Vice President of Sustainability and Business Synergy of MGM; Christy Chen; Dr. Catherine Li, Assistant Professor at the Faculty of Creative Tourism and Intelligent Technologies of the Macao University of Tourism; and Steven Lo, Director of Quality Compliance at JW Marriott Hotel Hong Kong

During the panel discussion,Ruby O said, “At MGM, we see sustainability as a catalyst for innovation and value creation across an integrated journey — from responsible sourcing and reducing food waste, to creating environments that support the well-being of our guests and employees. Our collaboration with partners such as the Sustainable Restaurant Association and Winnow allows us to bring together global standards, technology, and practical solutions to drive measurable impact.

By connecting culinary excellence with innovation and sustainability, we hope to contribute to shaping a more resilient and forward-looking hospitality landscape in Macau and beyond.”

SkyCity Adelaide to pay $14.7M fine to settle South Australia regulatory review

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SkyCity Entertainment Group Limited and its subsidiary SkyCity Adelaide Pty Limited have agreed to pay a total fine of AU$21 million ($14.7 million) and accept enhanced governance and compliance commitments to fully resolve outstanding regulatory matters in South Australia.

The casino operator disclosed the settlement in a filing lodged with the Australian Securities Exchange (ASX) on June 19th, 2026.

SkyCity said it had entered into a non-binding heads of agreement with the Commissioner for Liquor and Gambling in South Australia to settle all matters arising from an Independent Review and the findings of the Brian Martin Report.

The fine will be paid in three equal installments of AU$7 million ($4.9 million) each. The first is due within 28 days of a binding tripartite settlement deed, the second within one year of the first installment, and the third within two years.

SkyCity CEO Jason Walbridge said the deal marked a turning point for the company. “Reaching this in-principle agreement is an important step for SkyCity and reflects the significant work our team has done over the past 4 years to transform our compliance culture, strengthen our governance, and earn back the trust of our regulators,” he said.

The agreement also requires structural changes at the Adelaide Casino. By January 1st, 2028, the SkyCity Adelaide Board must comprise a majority of non-executive directors, including the chair, who are independent of SkyCity Entertainment Group. A SkyCity Adelaide CEO will be appointed to report to the local board, with a dotted reporting line to the group CEO.

Other commitments include phasing out cash for transactions over AU$4,999 ($3,496), a prohibition on junkets — an activity SkyCity ceased in April 2021 — and the appointment of an independent compliance auditor to report annually. That obligation will apply 12 months after completion of the B3 Program, a three-year compliance transformation program expected to be completed by June 2027.

The Commissioner will also be granted powers to issue legally binding directions to SkyCity. The parties expect to finalize a binding tripartite settlement deed shortly.

ACMA finds SBS breached gambling advertising rules during Tour de France

The Australian Communications and Media Authority (ACMA) has found that broadcaster SBS breached gambling advertising rules by airing a Crown advertisement at a prohibited time during a live broadcast of the Tour de France in July 2025.

The ACMA investigation determined that the advertisement promoted Crown’s gambling activities outside the permitted window. Under the Commercial Television Industry Code of Practice, gambling commercials may only be shown before play, after play, and during scheduled or unscheduled breaks if aired during live sporting events between 8:30 p.m. and 5 a.m. SBS is required to comply with these rules under its own Code of Practice.

While the Code includes a “dining or entertainment” exception for advertisements relating to such facilities at gambling venues, the ACMA found the Crown advertisement did not qualify. Its use of the tagline “premier casino resort” drew attention to gambling activities available at the venue. Two other Crown advertisements aired during the event did not breach the Code, as they focused on dining and entertainment without using the tagline.

Authority Member Carolyn Lidgerwood said the exception does not apply if any part of an advertisement directly promotes gambling. This marked the first time the ACMA had considered the exception in an investigation. While SBS disagreed with the finding, it said it takes such matters seriously and remains dedicated to regulatory compliance.