Good morning. We continue our exploration of online gambling jurisdictions, this time focusing on the island paradise of Vanuatu. Under a completely revamped regulatory framework, Vanuatu is providing a highly competitive offering for operators now shunned from the Philippines and potentially tired of cumbersome requirements in other classic jurisdictions such as Curacao and the Isle of Man. Meanwhile, Macau operations for Melco are doing well, helping push the company to nearly $1.16 billion in revenue for 2Q24, despite slight drops in the Philippines.
What you need to know
- Online Gambling Jurisdictions: Vanuatu emerges as a shining star after its revamped regulatory framework, challenging competitors.
- Melco sees strong results in Macau for 2Q24, with mass and non-gaming performing well, despite slight drops in the Philippines.
On the radar
- PH Ombudsman dismisses “POGO Mayor” Alice Guo from service.
- Queensland club and pub EGM revenue rises in July, sets monthly record.
- Mohegan’s outlook improved on strength of South Korean IR project: CBRE.
- PhilWeb maintains financial turnaround with profit uptick in 2Q24.
- Sportradar posts record revenue in 2Q24.
AGB Intelligence
VANUATU
The pre-regulated gaming field: Vanuatu
The island paradise of Vanuatu has completely reshaped its regulatory framework for online gaming, now offering a highly competitive and attractive environment for operators. In this latest installment of the Pre-Regulated Playing Field focused on online gambling we take a look at exactly what is on offer for those wanting to move into the space, and how it compares to other jurisdictions which are increasingly cumbersome or shifting away from online offerings.
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