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HomeNewsDaily Asia Gaming eBrief: Casino Filipino operators likely to get first crack at purchase

Daily Asia Gaming eBrief: Casino Filipino operators likely to get first crack at purchase

Good Morning. If it’s not broken, don’t fix it. The same policy could apply towards the privatization process of Casino Filipino, as PAGCOR’s Chairman hints that it would be smoother to offer current operators the option to buy out the regulator’s stake and keep the venues running. Meanwhile, in Malaysia, the COO of Genting says that casino operations are not going to be halted, despite speculation, as Resorts World continues strong. And on the supplier side, Aristocrat Gaming highlights its latest market winners, including its iconic Dragon Link.

What you need to know

  • PAGCOR’s Chairman hints that granting the right of ‘first refusal’ would greatly simplify its privatization process.
  • Genting Malaysia COO assures casino operations continue amid strong RWG growth, dispelling closure concerns.
  • Aristocrat Gaming gives an overview of its latest offerings that are taking the APAC market by storm: check out the video.

On the radar


AGB Intelligence

PHILIPPINES

Right of first refusal seems fair for Casino Filipino privatization

The Chairman of PAGCOR hints that the current joint venture partners in its Casino Filipino properties would be the ideal future operators, given their knowledge and history, leading to an easier transition. Outside investment is still welcomed, if it materializes, as the properties are located in key cities with large populations, meaning that any operator would be remiss to close its casino even for a day, notes the official.


Corporate Spotlight

Know Your Enemy: An Interactive Guide to Online Gaming Fraud

Sumsub, Online Gaming Fraud, verification platform

Online gaming fraud is on the rise in the iGaming industry. In Q1 2022, there was an 85% increase in fake account registrations compared to Q4 2021. While players are undoubtedly affected by gaming fraud, iGaming platforms also suffer due to damaged reputations, huge financial losses, and legal consequences.

How 1xBet dominates the Asian market: conditions and approach

1xBet, Asian Market

1xBet operates in several dozen countries in Asia, and the number of partners in this region is growing steadily, which indicates the effectiveness of the 1xPartners affiliate program. The brand offers favorable conditions and a modern set of tools for making money on the Internet.


Industry Updates


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AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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