Good Morning. When there’s money on the table, it’s no longer just playing a game. The rise in relevance of social gaming for operators has proven that not all revenue streams need to directly involve gambling. And land-based operators, says an expert, need to adapt and integrate the segment in order to get their piece of the pie. Meanwhile, in the Philippines, the online gaming sector is under a microscope. Now, fintech companies have pledged to apply more controls to limit the use of digital payment platforms for online gambling. Also in a bid to reduce visibility of the online sector, PAGCOR has ordered the removal of all outdoor advertisements, hoping the measure will disencourage abusive play.
What you need to know
- Social gaming is becoming an increasingly important revenue stream for gaming operators, providing immediacy and a VIP feel.
- Fintech companies in the Philippines have made a pledge to implement stricter controls on online gambling access through digital payment platforms.
- PAGCOR orders the immediate removal of gambling billboards, tightening rules around ads amongst criticism of the online sector.
On the radar
- Century Entertainment inks gaming JV with Philippines’ WPT.
- Macau expects 85% hotel occupancy during summer holidays, August to peak.
- Far East Consortium grants share options to founder’s daughters.
- LET Group focuses on Westside City Project, despite financial concerns.
- Indonesia blocks over 17K bank accounts linked to online gambling.
AGB Intelligence
SOCIAL GAMING
Land-based operators slow to adapt are missing out
Land-based operators can no longer solely focus on the physical gaming floor, as the amount of products emerging in the online sphere is providing a massive opportunity to engage with clients – both new and returning. And the social gaming space is a particularly interesting area, with massive growth potential, as players are easily engaged and can feel like VIPs. Gaming industry veteran Shaun McCamley looks at how this avenue can be tapped and why it’s proven successful.
Corporate Spotlight
Why Asia’s iGaming operators must rethink risk strategy | SEON
Winning Trust, Stopping Fraud. Asia Pacific’s iGaming market is expanding extremely fast, and a new wave of digital-savvy players is pushing demand through the roof. But the rise in adoption has outpaced regulation in many markets, and fraudsters have taken notice.
Bettorify bridges European operators to Asia’s gaming markets
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Industry Updates
- GR8 Tech launches the Champion’s Playbook for high-performance operators.
- PAGCOR donates emergency vehicles to five LGUs and institutions.
- Pragmatic Play strengthens live casino offering with Dice City launch.
INTELLIGENCE | ASEAN | CAREERS
