Good Morning. In for a dollar, in for a dime. Macau operators are facing a heady choice – whether to offer more player reinvestment options or lines of credit, or the perfect mixture of both, all in the name of winning their highest possible market share. Expert Ben Lee notes how these figures then filter down to the balance sheets, creatively positioned for maximum effect. Meanwhile, PAGCOR is trying to attract even more investors as it opts to reduce its online gaming taxes to 35 percent within the first quarter.
What you need to know
- Macau operators combine player reinvestment programs with lines of credit, carefully weighing how to increase market share: Ben Lee.
- PAGCOR to reduce online gaming operator fees to 35 percent in March to encourage new investors and licensees.
On the radar
- AGEM Index rises by 4.4 percent in January.
- IGSA appoints Mark Pace as the new President.
- Macau projects border crossings of over 6 million during the CNY holiday.
- India aims for $1.7B revenue from online gambling tax in FY25.
- Deutsche Bank raises MGM China’s 4Q23 EBITDAR forecast to $254 million.
AGB Intelligence
UNDER THE SCOPE
How Macau operators vie for market share
Player reinvestment or lines of credit? Operators in Macau are getting out the sets of scales to see how heavily they want to balance each end in order to increase their market share. In this week’s Under the Scope, expert Ben Lee points out how each concessionaire is able to justify their spend – highly weighted towards bigger fish – while still keeping investors happy. The key is how each element is delineated, with expenses directed exactly the right way.
Macau and beyond: new markets for Aruze Gaming
Macau continues to play a key role in Aruze Gaming Global’s strategy, as slot GGR bounces back, even as the company looks to other new markets, aiming to capitalize off of the boom happening in Asia gaming. Betty Zhao lays out how Aruze, in its latest iteration, is aiming to take Asia by storm.
Corporate Spotlight
1xBet sums up 2023: Innovations, awards, partners and winnings
1xBet is writing a success story with you and is happy to share its achievements in 2023. During 2023, 1xBet extended sponsorship agreements with world-famous sports clubs, cooperated with new partners and ambassadors, collected awards, and paid millions of dollars in winnings!
Industry Updates
- Evoplay unveils first-of-its-kind 3D racing game Adrenaline Rush.
- R. Franco Digital opens the gates of Mount Olympus in Zeus Stairway.
Registration open for the ASEAN Gaming Summit 2024
Registrations for the 2024 ASEAN Gaming Summit, the calendar conference of excellence of the gaming industry in the region, are officially open. Scheduled from 19th to 21st March 2024, the Summit is the gateway to the Next-Gen of gaming in Asia.
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