Good morning. Reputation buys trust, but vigilance keeps it. Singapore earned an upgrade to the Financial Action Task Force’s regular follow-up status, with the watchdog crediting its anti-money laundering oversight — even as it flagged scams, cyber-enabled fraud, and illegal gambling as the city-state’s top laundering threats. Casino regulators handed out nearly $2.1 million in penalties between 2020 and 2024, a reminder that praise and pressure tend to travel together. Meanwhile, Hong Kong-listed Century Entertainment is pressing on with its Phase IV online platform, tightening AML and KYC controls as it eyes Vietnam and South Korea. In Macau, G2E Asia opens today at The Venetian, with AI, robotics, and non-gaming innovation headlining this year’s edition.
What you need to know
- FATF praises Singapore’s stringent casino oversight while flagging scams and illegal gambling as major money laundering threats.
- Century Entertainment continues to develop its online entertainment platform alongside enhanced AML compliance measures.
- G2E Asia returns to Macau, spotlighting AI, robotics and entertainment technology across gaming and non-gaming sectors.
On the radar
- CreditSights forecasts low-single-digit FY26 growth for Wynn Macau.
- Ainsworth names Ryan Comstock CEO effective immediately.
- Macau gaming tax revenue rises 16.8% to $4.33B in January–April.
- PAGCOR sets rebate and cashback caps for Philippine e-gaming operators.
AGB Intelligence
SINGAPORE
FATF praises Singapore casino oversight, warns on scams
Singapore drew a favorable verdict from the Financial Action Task Force, with the watchdog crediting its stringent casino oversight and strong cross-agency cooperation. The same report, however, named scams, cyber-enabled fraud, and illegal gambling as the city-state’s top laundering threats and pointed to the 2023 case involving $2.3 billion in seized assets as a marker of the system’s exposure to large-scale flows.
Industry Updates
- TCSJOHNHUXLEY brings DDS Baccarat display innovation to G2E Asia 2026.
- GEG and UTM unite to launch the IRISE Program at the IR Talent Showcase.
- PSG and 1xBet return to the center of football history.
Corporate Spotlight
Yevhen Krazhan, CSO at GR8 Tech, explores how surging crypto adoption across Asia is revolutionizing iGaming payments, stating: “When I look at what’s changing fastest in Asia, it’s payment behavior,” as wallets, stablecoins, and seamless cross-border transfers become deeply ingrained in player habits.
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