Good morning. Time to collect. But, apparently, not in Malaysia, as the court has ruled in favor of a top businessman who allegedly has dues to pay to Naga. The ruling sets an interesting precedent, meaning companies aiming to go after their loans should have increased caution. Meanwhile, in Macau, SJM keeps fighting, delivering promising results, but with analysts still concerned over what the future will bring. And, in the Philippines, new rules from the central bank are causing rifts, as they ban gambling-related offerings for digital markets.
What you need to know
- Lawyer indicates new Malaysian court ruling over gambling debts could set startling legal precedent for future collections.
- Seaport predicts that Macau’s Grand Lisboa Palace will struggle to generate meaningful returns and positive growth in the future.
- The central bank of the Philippines has drafted new rules banning gambling-related offerings in digital markets.
On the radar
- Lottery sales in China hit a 40-year high, reach $85.8B in 2024.
- Team King Invs’t tops auction for Imp. Pacific’s assets with $12.95M bid.
- Jumio highlights eKYC compliance for PH gaming operators at ASEAN 2025.
- Paradise Co sees drops in casino results for February, at $48.6M.
- AGEM Index grew by 9.2% m-o-m in February, up 41.2% yearly.
- Macau’s Paradise Ent books strong profit increase for FY2024.
AGB Intelligence
MALAYSIA
Court ruling causes concern over debt collection
A new court ruling in Malaysia has gaming operators concerned over how exactly they can collect their credit lines offered to customers. A top court has determined that, in this particular case, there is no chance of enforceability by the company, meaning the punter can walk away with the borrowed, and lost, cash. This could set an interesting precedent going forward, which might not be healthy for operators.
Industry Updates
- Light & Wonder debuts The Wizard of Oz slot machines at BetMGM.
- Soft2Bet reveals how AWS integration transforms provider capabilities.
- Habanero boosts European presence following Danish license approval.
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