Good morning. Not every gambler is the same. And that’s exactly the approach that a top academic is proposing in regards to an account-based gambling system that could help not only allow more at-risk punters to receive the help they need but also allow infrequent gamblers to still enjoy, even with cash, albeit limited. Meanwhile, in the world’s gambling hub, the GGR outlook remains flat for now, with analysts at JP Morgan expecting Macau could see an acceleration later this year, benefiting certain operators more than others.
What you need to know
- Australian regulators encouraged to adopt an account-based gambling system to help curb problem gambling: Expert.
- Investor sentiment still ‘apathetic’ amid flattish Macau GGR outlook. Hopes for an acceleration later this year: JP Morgan.
On the radar
- Australia’s Donaco considers full buyout offer by Hong Kong-based fund.
- Ed Domingo taking over as Crown Melbourne CEO.
- Lack of Chinese VIP visitors shifts focus to mass/premium mass: Consultant.
- Regulatory do’s and don’ts highlighted at the ASEAN Gaming Summit.
AGB Intelligence
AUSTRALIA
Account-based gambling could change the game: expert
Rather than a focus on cashless, an account-based gambling system could be the most beneficial towards properly mitigating gambling harm in Australia, says a top academic and member of a panel aimed at reforming New South Wales’ approach towards problem gambling. Professor Sally Gainsbury highlights how the system needs to be mandatory, regardless of being app or card based, and can benefit operators and clients alike, while improving societal well-being.
Industry Updates
- BingoPlus soars high as a reliable platform in the gaming industry.
Corporate Spotlight
UU Wallet: Bridging traditional finance and Web3 flexibility
With a strong focus on security and efficiency, UU Wallet stands out with its instant cryptocurrency exchange capabilities and globally accepted prepaid card, making it a preferred choice for those navigating the complexities of digital finance.
MEMBERSHIP | INTELLIGENCE | ASEAN | CAREERS
