Good Morning
The free market economy means that companies can choose to take their business where it best suits them. And for those seeking an online gaming license, a new jurisdiction is coming into play: Anjouan – contending with those which are moving away from the grey market. Meanwhile, IGT has announced record profits for FY23, with a particularly strong showing in the fourth quarter. And the Asia Gaming Awards is right around the corner, with the shortlist of the nominees announced – seeing newcomers and established veterans contend for the prizes.
What you need to know
- Changes on the island of Curacao and elsewhere are leading more jurisdictions to enter the licensing race, with Anjouan the recent focus.
- International Game Technology (IGT) announced record profits for 2023, attributing the success to a strong finish in the fourth quarter.
- The nominees for the Asia Gaming Awards have been announced! Key newcomers vie with established winners for the prizes!
On the radar
- Ponte 16 operator flags profit of up to $24.3M in FY23.
- The 13 Hotel Macau up for sale, asking $307 million.
- TransAct reports operating losses in 4Q23.
- Thailand closer to casino legalisation with 2nd study ready for approval.
AGB Intelligence
ONLINE GAMING
Anjouan emerging as promising licensing jurisdiction
As changes continue in the grey-market-favored Curacao and regionally, new jurisdictions are popping up to cater to the need for online gaming licenses. One such case is Anjouan, located in the southwestern Indian Ocean. And while facing the same regulatory challenges as other locations, the territory appears to be willing to bring in grey market operators, offering yet another avenue for those wanting to get a license.
Corporate Spotlight
Sumsub takes the lead in gaming fraud protection at
ASEAN Gaming Summit 2024
Sumsub, a full-cycle verification platform, proudly announces its sponsorship of ASEAN Gaming Summit 2024, affirming its commitment to helping gaming companies combat fraud amidst the escalating threat of illicit activities in the region. Sumsub will take centre stage with an insightful panel discussion on How can PAGCOR use AI for Responsible Gaming/ AML compliance.
Basketball player Kai Sotto is the new 1xBet ambassador in Asia
1xBet, a leading global betting company, proudly announces its partnership with rising basketball star Kai Sotto. Hailing from the Philippines, Kai Sotto will serve as the brand ambassador, championing basketball in his homeland and across various Asian nations, extending the 1xBet brand presence across Asia.
Industry Updates
- Light & Wonder introduces SQUID GAME: ONE LUCKY DAY.
- Games Global and Infinity Dragon Studios launch Gates of Asgard Power Combo.
Registration open for the ASEAN Gaming Summit 2024
Registrations for the 2024 ASEAN Gaming Summit, the calendar conference of excellence of the gaming industry in the region, are open. Scheduled from 19th to 21st March 2024, the Summit is the gateway to the Next-Gen of gaming in Asia.
Asia Gaming Awards 2024 recognizing excellence on March 20th in Manila
The Asia Gaming Awards, hosted by Asia Gaming Brief, is set to once again recognize and celebrate the outstanding achievements in the Asian gaming industry. The Awards ceremony will take place on the evening of Wednesday, 20th March 2024, at the Grand Ballroom of the Shangri-La The Fort, Manila.
MEET THEM AT ASEAN 2024
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