Good Morning. Asian gaming manufacturers are increasingly looking at mature markets such as the United States and Europe, aiming to up their compliance, notes BMM Testlabs. The group indicates that companies are increasingly seeking out services – both for land-based and online gaming operations, as they aim to appease regulators. In the Philippines, Shin Hwa is giving up on its aspirations for its own IR, for now, as it loses its provisional gaming license. Meanwhile, the nation’s Commission of Audit has been given the go-ahead to review POGOs’ gross gaming receipts, as PAGCOR hasn’t hired a new independent auditor.
What you need to know
- Asian gaming manufacturers looking at US/Europe, while both online and land-based operators procure testing/audits: BMM Testlabs.
- Shin Hwa is giving up on its Philippine aspirations, for now, as it has still been unable to identify a land plot for an IR.
- The Philippine Commission of Audit has been given the green light to step in to audit POGOs’ gross gaming results.
On the radar
- ​Macau expecting 80,000 visitor arrivals daily during summer.
- AGEM Index up 9.8 percent monthly in June.
- RGB appoints former JP Morgan research head as Chief Strategy Officer.
- Australian gambling self-exclusion register to launch August 21st.
- Macau gaming Suspicious Transactions Reports up 125 percent in 1H23.
- Asia-Invest plans new $34 million casino in Russia’s Primorsky.
AGB Intelligence
COMPLIANCE
BMM Testlabs: Asian manufacturers looking at US/Europe
Asian gaming manufacturers are looking to get a piece of the pie in the US and European markets, having achieved sufficient scale to move beyond the region. BMM Testlabs notes that the overall shift to compliance within Asian markets is a good thing, with more companies seeking out audits and testing services. This is fuelling the company’s growth regionally, as both online and land-based operators need their services.
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