Good Morning. The gold standard. That’s what the Caribbean island of Nevis is vying for, as it pursues a future in the world of iGaming. The country officially entered the online gaming sphere boldly, coming in with a robust and credible licensing process that will undoubtedly attract attention. Meanwhile, in Macau, it’s all about market share, as the world’s gaming hub sees top operators Galaxy and Sands duke it out with their latest offerings. And in the speculative world, Thailand is still aiming to pass its casino bill, although many questions remain about who it will attract and how it will play out.
What you need to know
- Nevis set to launch ‘gold-standard’ online gaming license as industry eyes new Tier-1 jurisdiction in the coming weeks.
- Sands and Galaxy gain market share in May as Londoner Grand and Capella openings strengthen their premium mass and luxury appeal.
- Thailand aims to finalise casino complex bill by 2027, targeting a $3B investment, tourism boost, and 0.8% GDP growth with strict regulations.
On the radar
- Major international anti-scam operation nets 1,858 across Asia.
- Japan’s Lower House passes bill to combat illegal online gambling.
- GKL reports 4% annual growth in casino sales despite monthly decline.
AGB Intelligence
IGAMING
Nevis launches new online gaming license
There is a newcomer to the iGaming sphere! The Caribbean island of Nevis has announced that it is now launching a ‘gold-standard’ online gaming license, with the industry hoping to enter the top tier of gaming jurisdictions worldwide. Both B2B and B2C licenses will be available, with companies required to set up a local operating entity to provide their services.
Corporate Spotlight
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