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ZITRO to unveil Grand Mega Lounge at ICE Barcelona 2025

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Riding high on the success of the ‘Mega Lounge,’ Zitro proudly introduces the ‘Grand Mega Lounge’ to its product lineup. The ‘Grand Mega Lounge’ is set to make its grand debut at ICE Barcelona 2025, one of the premier gaming events globally.

The ‘Mega Lounge’ has already achieved remarkable success across key markets such as Argentina, Perú, Paraguay, Costa Rica, Greece, Italy, and Portugal, cementing its reputation as a vibrant winning experience enhanced by visual and sound effects when the jackpot hits. The ‘Grand Mega Lounge’ is an evolution of the same idea as the ‘Mega Lounge’ by using the CONCEPT cabinet line and games offering both Grand Mega and Mega jackpots.

The ‘Grand Mega Lounge’ features the exclusive Grand Mega jackpot, with adjustable start-up amounts, increments, and hit frequencies. Operators can also integrate the Mega jackpot, creating a communal gaming experience that appeals to a broad player base.

Operators who embrace Zitro’s innovative concepts, including either the ‘Mega Lounge’ or the ‘Grand Mega Lounge’, can offer customers exclusive gaming experiences unmatched by any other brand. These lounges allow players to enjoy diverse Zitro products and compete for the same jackpot without leaving the comfort of the dedicated gaming area within the casino.

The first lineup of games for the ‘Grand Mega Lounge’ will be available on Zitro’s new CONCEPT cabinet line. This exciting lineup includes titles such as Legendary SwordFairyland QuestMerging Fu PotsKing Fu FrogFu Frog, and Fu Pots. Each game is designed to captivate players with innovative gameplay and immersive features.

“We are eager to unveil the ‘Grand Mega Lounge’ at ICE Barcelona 2025,” said Sebastián Salat, President – International of Zitro. “The success of the ‘Mega Lounge’ has demonstrated the global demand for a diverse range of games, cabinets, and experiences. We look forward to showcasing this innovation to the gaming community”, Salat concluded.

Zitro invites all ICE Barcelona 2025 attendees to visit its booth and experience the new ‘Grand Mega Lounge’ and its comprehensive range of gaming products.

Habanero ignites the reels with vibrant new slot: Hyper Hues

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Habanero, a premium slots and table games provider has launched its latest release, Hyper Hues, inviting players into a kaleidoscopic world of sparkling gems for a whirlwind of excitement. 

Hyper Hues features a 5×3 layout with ethereal visuals, offering nonstop action and substantial winning potential across 50 paylines. Players can unlock up to 15 Free Games, where wins are amplified with multipliers of up to 5x, creating opportunities for significant rewards.

Additionally, Wild symbols can trigger up to eight extra Cluster Wilds, further increasing the chances of greater rewards. With high volatility, every spin offers the potential for big payouts, with a maximum win of up to 3,116x the total bet.

For players eager to jump straight into the action, the game also features a Buy Feature in select jurisdictions, allowing instant access to the Free Games mode.

Hyper Hues further highlights Habanero’s commitment to delivering high-quality gaming experiences with innovative mechanics and vibrant themes.

The game will also take centre stage at the upcoming ICE Barcelona event, as a focal point in its hosted tournaments.

Played on the new title, participants will look to score as high as possible within a preset number of spins, and at the end of the 30-minute period the top 10 highest scorers will be declared the winners, and awarded a host of fabulous prizes.

Utilising Habanero’s best-in-class UI, signups for the tournament occur via mobile devices, with players simply scanning a QR code and filling out a form, before being credited with a number of free spins to win as much as they can.

The tournament page will host a live leaderboard, so participants can keep a close eye on how they are faring against competitors.

The tournament will take centre stage at Habanero’s stand, 2E20, where it will showcase its top-performing slot content and gamification suite at the key industry event, taking place at the Fira Gran Via in Barcelona for the first time.

The latest release joins Habanero’s extensive portfolio which includes recent hit titles Carnival Cove and Baba Yaga, and Jump! 2.

Toni Karapetrov, Head of Corporate Communications at Habanero, said: “Hyper Hues is a colourful addition to our portfolio, combining dazzling visuals with exciting features that keep players entertained on every spin. At Habanero, we are dedicated to crafting games that captivate and reward, and Hyper Hues is a shining example of that commitment.”

Premium mass segment continues to drive Macau’s GGR in 2025

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Macau’s gaming industry is poised to sustain its momentum in 2025, with the premium mass segment continuing to play a central role in driving gross gaming revenue (GGR), according to Goldman Sachs.

The insight from the investment bank comes after meeting with the management of Macau gaming operator Galaxy Entertainment Group.

According to Macau’s fiscal year 2025 budget, the gaming sector’s GGR is projected to grow by 6 percent year-on-year, reaching MOP240 billion ($29.9 billion). Galaxy Entertainment Group has echoed the government’s optimism, predicting that Macau’s GGR growth will surpass China’s GDP growth in 2025. 

The company attributes this confidence to Macau’s relatively ‘low penetration as a travel and gaming destination’, suggesting ample room for future expansion.

Galaxy Entertainment’s management expects premium mass to remain the primary growth driver for the industry, albeit with notable changes in player behavior.

Goldman Sachs notes that the definition of premium mass has evolved. Before the pandemic, premium mass players were characterized by significantly higher daily losses. In recent years, however, most premium mass players now lose no more than HK$30,000 ($3,854) to HK$40,000 ($5,139) daily. While this represents only a fraction of pre-pandemic levels, it reflects a shift in spending patterns and player preferences.

Chinese outflows, money, Punters, Renminby Yuan RMB

Depreciation of the RMB

Despite the positive outlook, Goldman Sachs highlighted potential risks that could impact Macau’s GGR growth, risks that the gaming operator is also aware of. 

The investment bank cites another study, which concluded that a sharp devaluation of the Chinese yuan (RMB) could reduce outbound travel demand. However, such effects are likely only if the currency depreciates by more than 10 percent.

As previously reported by AGB, the RMB’s continued weakening has already led to higher travel costs for mainland Chinese tourists visiting Macau, sometimes rising by double digits. These higher expenses, without corresponding price adjustments, could make Macau less attractive as a travel destination.

Macau, casino, Gambling

Market share gainer

Market share shifts remain a concern for Galaxy Entertainment in the near term as Sands China relaunched the Venetian Cotai Arena and introduces new suite hotels at The Londoner Macau.

According to Goldman Sachs, Galaxy’s GGR market share likely rose by about 1 percentage point sequentially in 4Q24, reaching 19.9 percent, translating into an 8 percent quarter-on-quarter GGR growth, compared to the industry’s 3 percent increase.

Despite a slight dip in industry-wide GGR and market share in December, amid Chinese President Xi Jinping’s visit – and some competitors, such as MGM, attracting more international high rollers – Galaxy outperformed expectations and gained market share in 4Q24.

Galaxy Entertainment remains confident in its ability to capture additional GGR and EBITDA market share. This optimism is fueled by new projects and offerings launched since FY23, which are expected to strengthen the company’s competitive position and attract a wider range of visitors.

Galaxy Entertainment, Macau, Capella Hotel

Capella to increase competitiveness 

Galaxy Entertainment Group is set to elevate its high-end offerings with the launch of the ‘ultra-luxury’ Capella hotel in mid-2025. The hotel will feature 36 Sky Villas and 57 Suites, ranging from 100 to 400 square meters in size. Despite its exclusive scale compared to Galaxy’s portfolio of 5,700 rooms and 22,000 staff, the company does not anticipate significant additional operating expenses.

Moreover, Galaxy Macau Phase 4, expected to be completed by 2027, will significantly enhance the group’s non-gaming amenities. This development will introduce 1,500 rooms across six new hotel brands, 120 retail outlets (in addition to the current 200), 80 new food and beverage options, and a 4,000-seat theater. 

These additions are expected to diversify Galaxy’s offerings and support Macau’s broader push for economic diversification.

Chairman of HK Football Association says there is strong support for betting on local matches: report

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The Chairman of the Football Association of Hong Kong, China, says that legalizing gambling on local football matches could bring more resources into the sporting community and lessen reliance on other funding outlets.

In a recent interview with the South China Morning Post, Eric Fok noted that the issue has been under discussion “for quite a while”.

Fok noted that it’s necessary to take into account not only Hong Kong’s situation but also questioned “where is football going?” in regards to the prevalence of betting on matches.

Summarizing the response from HK’s sports sector, Fok notes that “there are a lot of people that brought this up and have expressed that they support this”.

The primary crux would be regulation, as well as public support, but legalizing the betting on such matches “will definitely help the sports sector in having more resources”.

Fok counters this by saying that the potential societal impact would have to be measured and that “we need to be very cautious and sensitive,” noting that the legalization idea is only at the “discussion phase”.

Hong Kong’s reigning footballer of the year, Philip Chan, had previously told SCMP  that allowing gambling on local football matches could “attract investment” and “increase public interest”.

However, the SAR’s Home and Youth Affairs Bureau warned of potential problems from match fixing and claimed that demand for betting on such matches is not large enough.

Currently the only legal sports betting in Hong Kong is restricted to horse racing and large-scale international football matches – such as the English Premier League.

Hong Kong’s Secretary for Home Affairs, Alice Mak, said in December of 2024 that “it is the government’s policy not to encourage gambling”.

This is not the first request to expand sports betting options in Hong Kong, with the Chief Executive of the Hong Kong Jockey Club last year expressing openness for NBA betting, if permitted by authorities.

Similarly, Hong Kong legislator Adrian Ho proposed both increasing the duty on football betting, expanding the number of football betting licenses in the city, and exploring introducing other sports such as NBA and F1.

The Hong Kong Jockey Club’s football betting turnover for the 2024 financial year amounted to HK$160.3 billion ($20.6 billion), up by 2.2 percent yearly

Sands China, Alipay, and Macau Pass launch Alipay Tap! in Macau

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Sands China Ltd., Alipay, and Macau Pass have announced a joint venture to launch the Alipay Tap! service at Sands Resorts Macao. By leveraging innovative payment interaction technology, this service aims to significantly enhance the payment experience for visitors in Macao and create new digital business and marketing opportunities.

It will also contribute to the city’s smart city development while supporting digital upgrades and connectivity within the Greater Bay Area

Alipay Tap! is an innovative payment service introduced by Alipay in July 2024 in the Chinese mainland. Users can simply unlock their phones and tap the merchant’s payment device to complete the transaction, without opening the Alipay app. This solution has quickly become popular with both users and merchants and is currently available in over 100 cities and more than 1,000 shopping malls and commercial districts in the Chinese mainland. In addition to payments, Alipay has also collaborated with partners to create over 50 Alipay Tap! digital industry solutions, such as “Tap to Order” and “Tap to Open self-service vending machine.”

In this first phase, Sands China has rolled out Alipay Tap! across 300 merchants in its integrated resorts, including The Venetian® Macao, The Parisian Macao, The Londoner® Macao, and Sands® Macao. It can be used for a variety of payments, such as hotel accommodation, dining, shopping, and ticketing, providing customers with a convenient payment experience. Chinese mainland tourists using Alipay Tap! in Sands Resorts Macao can also enjoy multiple offers during the promotional period, including an exclusive coupon for the first transaction via Alipay Tap! in Macao and other cross-border travel promotions released. 

Sands Resorts Macau, Sands China

Merchants can use one terminal to meet the payment needs of both tourists and local residents using mainstream e-wallets. A representative from a Sands Resorts Macao merchant shared, “As Chinese mainland tourists are generally familiar with Alipay Tap!, combined with various recent promotional offers, the number of Alipay Tap! transactions has significantly increased since its launch, greatly enhancing operational efficiency.”

ANT Group

Jiajia Li, Vice President of Alipay, Ant Group, said, “Macao has unique geographic advantages, providing an ideal environment for the introduction of innovative technologies. Alipay and Alipay+’s cross-border services have already covered nearly 90% of merchants in Macao. The successful introduction of Alipay Tap! in Macao will further enhance the convenience of payments for Chinese mainland visitors, accelerate the digital transformation of businesses, unlock more commercial potential, and promote the digital connectivity of digital everyday services within the Greater Bay Area.”

The introduction of Alipay Tap! in Macao is not just a simple replication of the payment model but also creates a local digital business model benchmark. The collaboration between the three companies integrates Alipay’s user experience and membership preferences, Sands China’s unique services and benefits, and Macau Pass’s regional coverage and operational expertise. Together, they have created a new digital business model.

Allan Chung, Vice President of E-Commerce and Digital Marketing at Sands China Ltd., announced that “Sands China is the first in Macao to implement innovative payment technology, enhancing the payment experience for both local and international visitors. This initiative supports the digital economy and technological innovation in Macao, as Sands China collaborates with technology partners and backs the Macao SAR Government’s smart city development agenda, aiming to provide convenient digital services and contribute to the growth of Macao’s tourism industry.”

Sands China
Allan Chung, VP of E-Commerce & Digital Marketing at Sands China

Gavin Zhao, Chief Technical Officer of Macau Pass, said, “As a leader in digital solutions in Macao, Macau Pass will integrate its own digital capabilities with the Alipay Tap! technology, connecting with local ecosystem scenarios to create a new model of digital commerce with local characteristics. In the future, we will further integrate one-stop terminals, benefits, and membership capabilities, helping merchants upgrade digitally and promoting the high-quality development of Macao’s digital economy, providing strong support for the moderate diversification of the economy.”

Macau pass

With the application of new technologies, the interaction between digital finance, innovative business models, and new forms of productivity will become increasingly close. The introduction of Alipay Tap! will not only further enhance the convenience of mobile payments in Macao but also integrate the physical and digital economies, injecting momentum into the development of smart tourism and smart city initiatives. At the same time, leveraging Macao’s unique geographic advantage, it will promote deeper integration with the Greater Bay Area’s digital economy. This will improve the visitor experience and create an innovative digital ecosystem, while showcasing Macao’s appeal as a World Centre of Tourism and Leisure.

Delta Corp gaming revenue up in 4Q24, bolstering results

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Indian casino operator Delta Corp experienced a 3.4 percent yearly increase in gaming revenue during the final quarter of 2024, helping boost the group’s revenue by 7.6 percent yearly.

According to the group’s most recent financials, published on Monday, total gaming income totaled Rs1.81 billion ($20.93 million)– a quarterly increase of 2.4 percent.

Revenue from the group’s online skill gaming operations totaled Rs391.3 million ($4.54 million), down by 14 percent yearly and 6 percent quarterly.

Total revenue in 4Q24 totaled Rs2.22 billion ($25.76 million), a quarterly increase of 8.1 percent.

Profit for the period totaled Rs344.8 million ($4 million), up by an impressive 35 percent quarterly, despite being down by 3.5 percent yearly.

For the nine-month period ended December 31st, 2024, the company reported revenue of Rs7.69 billion ($88.9 million), up by 26 percent yearly.

This was boosted by a 22 percent increase in gaming operations revenue, to Rs6.38 billion ($73.84 million).

Profit for the nine-month period totaled Rs1.71 billion ($19.86 million), more than double recorded in the same period of 2022.

Currently the group notes that it has not provided any provisions for impairment in its recent results regarding the ongoing feud over the Goods and Services Tax (GST) on gaming companies, which multiple enterprises are now disputing.

The group indicates that in regards to the GST demands, after filing writ petitions and receiving stay orders from the High Courts, it is ‘of the view that all […] above notices and tax demands are arbitrary in nature and contrary to the provisions of the law. The Companies have challenged such demands and initiated necessary legal proceedings’.

While it remains to be seen how courts will resolve the dispute, gaming operators are confident for a healthy outcome after the court’s recognition.

Deltin Royale, Delta Corp
Deltin Royale

Delta Corp Limited operates some of the largest offshore casinos in India, including Deltin Royale, Deltin JAQK, and Kings Casino. The company also owns and operates Deltin Suites, a 106-room all-suite hotel with a casino in Goa, as well as Casino Deltin Denzong at the Denzong Regency Hotel in Gangtok, Sikkim.

In addition, Delta Corp owns and operates The Deltin, a 176-room five-star hotel in Daman that is an integrated resort with a proposed casino. The company also owns and operates the online poker site Adda52.com and the online rummy site Adda52rummy.com.

In September, the company announced a strategic move to separate its gaming business from its hospitality and real estate divisions.

Macau-based investor further ups The Star stake, voting power now at 6.52%

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The Macau-based investor who recently upped their stake in Australia’s The Star Entertainment Group has further increased their shareholding, now gaining 6.52 percent of the voting power of the company.

This comes after, on January 10th, Xingchun Wang purchased additional shares, bringing their shareholding to 5.52 percent of the voting power, triggering the notification threshold for authorities.

According to a Tuesday release, Wang now holds some 186.98 million ordinary shares, amounting to 6.25 percent of the voting power in the gaming enterprise.

This surpasses that of JPMorgan Chase & Co, which holds 181.97 million shares, or 6.34 percent of the voting power in the company.

Wang had begun investing in The Star shares in 2024, according to its records, initially purchasing 50 million shares at more than double the stock’s current price.

Wang’s address provided in previous The Star filings is for a residential building in Taipa, Macau: Windsor Arch.

While further details are not provided on Wang’s other business interests, numerous Hong Kong-listed companies have or had been affiliated with someone of the same name.

The same name also appears in the investigative reporting initiative the Panama Papers, with an address also registered to Macau, this time on the peninsula’s NAPE district.

While a listing in the Panama Papers is not indicative of any wrongdoing, The Star has previously encountered regulatory problems due to alleged investor association with bad actors.

The primary focus was junkets, particularly those based out of Macau.

However, authorities had also looked into The Star’s partner in the multi-billion-dollar Queen’s Wharf Brisbane project Chow Tai Fook.

Early last year, Queensland authorities found CTF to be suitable to partner with The Star, following a 2022 investigation of alleged ties to former Macau top junket Suncity.

Given the lack of public information surrounding the new The Star investor, and its ongoing financial difficulties, authorities could take a keen interest in the background of Xingchun Wang.  

Daily Asia Gaming eBrief: Thai draft casino law approved, online next?

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Good morning. Thailand is going full steam ahead. The approval of the draft IR law by the Cabinet marks a significant step towards legal casinos in the country. This is set to bring not only regulatory benefits but contribute significant tax revenues, although certain clarifications are required. But why stop at land-based? The general acceptance of a gaming future could encompass the online sector – tapping into the booming segment that previously was unregulated. Meanwhile, in Macau, Citigroup says premium players are on the rise in January, even though CNY is approaching.

What you need to know


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AGB Intelligence

THAILAND

Thailand, casino law, Integrated Resorts, Integrated Entertainment Business Act

Draft law approval could pave way for online bill: analyst

Thailand’s draft land-based casino law has been passed by the Cabinet and now proceeds to the House, a landmark achievement for the nation as it moves to open its first legal casino. The move is seen as a positive not only for operators keen to set up integrated resorts in the country, but could also be paving the way for legalization of the online sector, notes a top analyst, providing the nation with even more tax revenue.


Industry Updates


Corporate Spotlight

1xBet’s 2024 Milestones: key achievements & heights of success

1xBet 2024 Milestones Key achievements and new heights of success

In 2024, 1xBet achieved significant breakthroughs and successes, solidifying its position in the iGaming industry. The brand secured major partnership deals, received prestigious awards, and showcased its innovations at the world’s leading forums.

Altenar brings premium sportsbook solution to Asia

Altenar brings premium sportsbook solution to Asia

Altenar, a leading sportsbook provider is bringing its global expertise to Asia, looking to expand its operations. Since 2011, Altenar has powered hundreds of online sports betting sites worldwide and is a major B2B provider in Europe and Latin America licensed markets.


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Federal court greenlights bidding procedure for auction of IPI’s assets, minimum bid set at $10M

The federal court handling the bankruptcy case of Imperial Pacific International (IPI) has approved the bidding procedure for the sale of the casino’s assets, confirming the minimum bid requirement for all IPI assets at $10 million in cash.

The ruling also confirms the establishment of a committee of unsecured IPI creditors to set up a bidding procedure for the asset sale, the designation of a stalking horse bidder, the scheduling of an auction and sale hearing and various other processes.

Quoted by the Marianas Variety, Judge Robert Faris indicated that “The Bidding Procedures shall govern the selection of the Stalking Horse Bidder, bids and proceedings related to the Auction and the sale of the Assets”.

A stalking horse bidder is one initially chosen by the debtor to set the base price for the assets being sold in an auction, aimed at attracting other potential bidders.

“The Sale Notice is approved, and no other or further notice of the proposed sale of the Assets, the Auction, the Sale Hearing, or the Sale Objection Deadline shall be required if [IPI] or the Committee serves and publishes the Sale Notice in the manner provided in the Bidding Procedures and this Order,” indicated the judge.

The auction includes bids on IPI’s assets but not its casino license, while the sale will be subject to competitive bidding and court approval. IPI and the committee will also propose a break-up fee for the stalking horse bidder.

A sale hearing is scheduled for March 25th, 2025, with bids due by February 21st. Qualified bids must meet specific requirements, including disclosure of bidders’ identities, connections with IPI or other bidders, and details about the assets and liabilities involved.

Thai gov’t could move into online gaming legalization following IR bill approval: Analyst

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In a landmark decision, Thailand’s cabinet has approved a draft law aimed at legalizing integrated resorts, a move that hopefully could be followed by legislation centered on online gaming, an analyst told AGB.

Paetongtarn-Shinawatra-prime-minister-Thailand
Thailand’s Prime Minister Paetongtarn Shinawatra

This approval follows a meeting led by Prime Minister Paetongtarn Shinawatra, who confirmed the Cabinet’s endorsement of the draft “Entertainment Complex Business Act.”

The draft law will now proceed to the House of Representatives for further consideration, although no specific timeline for its enactment has been established. Previous projections suggest that Thailand could launch its first casino as early as 2029.

Proposed by the Ministry of Finance, the legislation aims to regulate the country’s underground gambling sector by establishing legal entertainment complexes and casinos, thereby generating tax revenue.

Shaun McCamley
Shaun McCamley, Managing Partner at Euro Pacific Asia Consulting

In comments to AGB, Shaun McCamley, Managing Partner of Euro Pacific Asia (EPA) Consulting, who has been closely involved with Thai players and operators, emphasized the significance of this development.

“Thailand’s cabinet has taken a significant step forward by approving a draft law to legalize gambling and casinos, which is not only beneficial for the country but also for the entire region”, the former Ho Tram Resort Casino Vietnam President added.

“Having worked closely with Thai players and operators across Southeast Asia for several years, I, along with many of my colleagues, recognize the revenue potential that licensed gaming can bring to Thailand”.

According to reports, the Cabinet approval follows extensive public consultations and adjustments based on feedback from citizens and relevant agencies. The government expects the initiative to significantly boost Thailand’s economy and tourism industry.

Prime Minister Paetongtarn highlighted that the bill draws inspiration from Singapore’s successful model. The proposed entertainment complexes are designed to incorporate a range of attractions, with casinos comprising only a small portion of the offerings.

Singapore

She noted that Singapore’s approach has spurred tourism growth and contributed significantly to its GDP, and Thailand aims to replicate this success. To manage local participation, Thai citizens would be required to pay an entrance fee of THB5,000 ($144) to access casino facilities, compared to Singapore’s SGD150 ($110) daily entry for locals.

Officials aim to assuage concerns about potential growth in illegal or unregulated gambling markets with a focus on transparency and robust oversight. Paetongtarn emphasized that a well-regulated framework will not only curb unlawful activities but also generate substantial tax revenue, strengthening the nation’s financial position.

Unlike Singapore, however, which appears to be leaving the online option off of the table – at least in the short-to-mid term, Thailand’s push to legalize gaming had already considered an online component – tapping both land-based and online tax revenue sources and helping to regulate the sectors.

This would require the introduction, and passage, of further legislation beyond the Entertainment Complex Business Act.

With the global gaming landscape increasingly shifting towards online platforms, McCamley analyst considers that integrating digital gaming could enhance Thailand’s competitiveness in the regional market.

“I sincerely hope that the government will also consider the legalization and regulation of online gaming alongside this initiative,” McCamley noted.