Good morning. Netflix and chill may no longer be the case, as the group’s most recent Paul vs. Tyson fight has demonstrated. While sportsbooks undoubtedly benefited from the bout, new opportunities are being created beyond bookies, as syndication and advertising all have a future role to play. Meanwhile, in Macau, the outgoing Chief Executive says there are no plans to shrink the gaming industry, but rather to diminish its role in GDP as it boosts other industries. And in the regulatory world, the IFHA warns of the ongoing issues in eliminating illegal gambling.
What you need to know
- Paul vs. Tyson bout exemplifies new potential for sportsbooks, syndicators and streaming services, as live sports betting booms.
- Macau’s outgoing Chief Executive highlights the city’s strategy of expanding the economy, reducing gaming’s GDP share without industry suppression.
- International Federation of Horseracing Authorities details the issues faced in tackling illegal gambling.
On the radar
- Marina Bay Sands seeking Singapore’s largest loan – $9 billion: Report.
- BIT Mining reaches $10M settlement over bribery scheme for Japan casino.
- PAGCOR rectifies misstatement on Bataan Freeport gaming regulation.
- PH Senator calls for increased funding to help police in POGO crackdown.
- SkyCity appoints a new Chief Legal, Governance and External Relations Officer.
- Cape Verde gov’t: Macau Legend had “flagrant and repeated” contract breaches.
AGB Intelligence
SPORTS BETTING
Jake Paul vs. Mike Tyson displays new avenues and revenue streams
The heavily publicized boxing bout between Youtuber Jake Paul and boxing legend Mike Tyson drew upwards of 60 million household views and encouraged heavy betting from multiple demographics. But on-demand platforms venturing into live sports could pave the way for more, and varied, income streams – benefiting sportsbooks, syndicators and even punters themselves, with tailored content hitting key audiences via platforms they already utilize heavily.
Corporate Spotlight
1xBet: Capitalize on Asian teams’ World Cup qualifier struggles
Asia is the most populated continent on the planet and Football is the No. 1 sport in most countries. The World Cup qualifying matches are traditionally watched by billions of fans in the region, but FIFA has decided to reward Asia with a significant representation at the tournament only now.
Altenar brings premium sportsbook solution to Asia
Altenar, a leading sportsbook provider is bringing its global expertise to Asia, looking to expand its operations. Since 2011, Altenar has powered hundreds of online sports betting sites worldwide and is a major B2B provider in Europe and Latin America licensed markets.
Industry Updates
- ZITRO invites players to unlock hidden treasures in Lucky Vault.
- Tom Horn releases an enchanting winter adventure with Wild Snowflakes.
- Sands China contributes MOP1.08M to support scholarships and fellowships.
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