Good Morning. As we continue with the in-depth coverage of the findings gathered at ASEAN 2022, we bring you the overwhelming feedback from industry stakeholders: Ken Jolly, VP, and MD Asia, Light & Wonder; Peter Williams, MD Asia, Continent 8; Jane Guan, CCO, Pinnacle; and Bhavesh Parthi, MD, 48 Pacific.
What you need to know
- Mohegan increased credit allocation for its South Korea Inspired project by 13 percent with a $73 million top up while maintaining its 2023 deadline.
- Fitch Ratings expects Las Vegas gaming revenues to dip 10 percent in 2023 as demand weakens amid a broader economic slowdown.
- J.P. Morgan classed Aristocrat “Overweight” based on opportunities in revenue, growth dynamics amidst challenges in the digital space.
On the radar
- GTA appoints Ball, Louis, as Chair, Vice Chair at AGE 2022.
- Mohegan’s profit up 1.5 times at $59.4 million for 2Q22
- China low consumer confidence to impact Macau: Bernstein.
AGB Intelligence
ASEAN 2022 – FINDINGS
Industry keen to reconnect at gaming summits post COVID
Recapping the first post-pandemic industry conference in Manila, Ken Jolly, VP, and MD Asia, Light & Wonder, stated that “we are hearing around the world after COVID that people are wanting to go back to shows and get back to summits. You have proven it here” – at the ASEAN Gaming Summit 2022.
As we continue with the in-depth coverage of the findings gathered at ASEAN 2022, we bring you the overwhelming feedback from industry stakeholders: Ken Jolly, VP, and MD Asia, Light & Wonder; Peter Williams, MD Asia, Continent 8; Jane Guan, CCO, Pinnacle; and Bhavesh Parthi, MD, 48 Pacific.
This report is part of an ASEAN 2022 Series, bringing you discussions around the industry’s challenges and opportunities at the in-person event in Manila. Tune on Monday for the discussion on Affiliates, Guerrilla Marketing and Asian Market Penetration!
Industry Updates
- ODDSworks partners with Jumbo in North American markets.
- Pragmatic Play charges collect mechanic in Black Bull.
- IGT’s PlayDigital iSoftBet goes live with Eyas Gaming.
- Play’n GO strikes gold in Forge of Fortunes.
