Good morning. Bookies and punters played their Trump card in the US elections, favoring the former president over VP Kamala Harris. Those following betting sites were more likely to predict the outcome than the polls, which had favored a new twist for the top seat. Meanwhile, in Macau, Melco’s management is confident about its strategies going forward, amongst a new marketing push, despite not gaining ground in regards to market share.
What you need to know
- Bookies again were a better gauge of the US presidential elections than most conventional polls issued, with most having predicted a Trump victory.
- Despite no immediate market share growth, Melco’s management remains positive about the long-term potential of their new marketing strategy.
On the radar
- Ponte 16 takes a step closer to starting Floating Casino construction.
- Senator calls for unified action against POGO-linked crimes.
- LET Group faces setback as two executives resign again.
- Philippines tourist numbers rise to 4.8M in Jan-Oct, Koreans top the list.
AGB Intelligence
US ELECTIONS
Bookies better at predicting outcome than polls
A Donald Trump victory in the US elections is now all but guaranteed. And it appears that bookies and punters had a better idea of the outcome than polls, which were favoring Kamala Harris. The elections brought a heavy amount of attention worldwide, encouraging a strong rise in political betting amounts, as punters put their money on the line.
Corporate Spotlight
1xBet: Capitalize on Asian teams’ World Cup qualifier struggles
Asia is the most populated continent on the planet and Football is the No. 1 sport in most countries. The World Cup qualifying matches are traditionally watched by billions of fans in the region, but FIFA has decided to reward Asia with a significant representation at the tournament only now.
Altenar brings premium sportsbook solution to Asia
Altenar, a leading sportsbook provider is bringing its global expertise to Asia, looking to expand its operations. Since 2011, Altenar has powered hundreds of online sports betting sites worldwide and is a major B2B provider in Europe and Latin America licensed markets.
Industry Updates
- Wazdan launches player-favourite sequel with the release of 12 Bells.
- ZITRO Digital announces attendance at SiGMA Europe 2024 in Malta.
- Smartico.ai and BetStarters team up to enhance iGaming engagement.
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