Good morning. Jane Tsai, managing partner of JCT Holdings and a member of the C3 Gaming group, expects demand in Asia to be stronger than ever once vaccinations are rolled out and international travel resumes. In this week’s Face to Face interview, Jane Tsai tells AGB managing editor Sharon Singleton that regulators need to recognize that there have been fundamental shifts in the way people consume entertainment. Tsai argues that operators need to be given the flexibility to respond to the changes and introduce new products. Should that happen, the gaming industry will enter a very exciting time, with the possibility for real innovation.
What you need to know
- The Primorye Territory Development Corp. said Russia’s Mantera Group has signed an accord to build a RUB14 billion ($192 million) integrated resort in the Russian gambling hub.
- Suntrust Home Developers is seeking investor approval to double its authorized capital stock to provide additional funds for the construction of the Westside City project in Manila.
- Saipan’s market regulator has presented research saying the Commonwealth of Northern Mariana Islands could generate as much as $449.4 million from online gaming by 2025.
- Goa’s Investment Promotion board has approved 11 projects, including one from Delta Corp. to build an entertainment hub in Pernem.
On the radar
- LRWC looking forward to discussions with Galaxy on Boracay project.
- Macau/Shenzhen ferry services to resume as pandemic normalizes.
What the papers say
- China health body urges Macau to be more proactive on vaccinations.
- Saipan’s Club 88 says 15 gaming machine licenses have expired.
- NZ greyhound racing industry on notice after government procedures review.
AGB Intelligence
DEEP DIVE
Opening space for innovation
Jane Tsai, managing partner of JCT Holdings and a member of the C3 Gaming group, said she expects demand in Asia to be stronger than ever once vaccinations are rolled out and international travel resumes. However, she says regulators need to recognize that there have been fundamental shifts in the way people consume entertainment. Operators need to be given the flexibility to respond to the changes and introduce new products. If that happens, the gaming industry will enter a very exciting time, with the possibility for real innovation.
Industry Updates
- Pragmatic Play launches Yum Yum Powerways.
- Clarion says U.K. travellers get quarantine exemption for iGB Live.
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