Good Morning. Artificial Intelligence is reshaping the gaming industry as we know it, with odds currently skewed in punters’ favor, as vast amounts of data raise the question of how to keep gambling ‘fair’, note experts. In Macau, analysts predict that GGR will see a threefold increase from 2022, after the city raked in $1.25 billion in gaming taxes in 1Q23, a near-16 percent increase.
What you need to know
- Artificial Intelligence is creating a new paradigm for gaming, say experts Frank Schuengel and Harmen Brenninkmeijer.
- Macau gross gaming revenue levels to increase threefold yearly in 2023: Deutsche Bank.
- Macau government sees near-16 percent increase in 1Q23 gaming taxes, second quarter on track for increase.
On the radar
- Top Indian casino investor among 83 arrested in Thailand.
- Eight gamblers banned from entering Macau after casino brawl.
- Okura to close a pachinko hall in Kanagawa prefecture.
- VICI maintains strong results in 1Q23, with revenue increasing 110%.
Experts say AI is changing the face of the gaming industry
Artificial Intelligence is upending the way that punters, operators and regulators think about gaming, especially in defining what is ‘fair’. Experts Frank Schuengel and Harmen Brenninkmeijer point out the challenges in defining AI’s role, how the tools should be properly used and to what extent they should be allowed – as punters currently have the upper hand.
- Kambi Group plc signs sportsbook agreement with Bally’s.
- PAGCOR funded multi-purpose facility in Misamis Oriental.
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