Good Morning. All good things must come to an end. The ASEAN Gaming Summit has concluded, seeing a record number of participants. The organizers credited the event’s continued success to the strong support from the industry – both on the land-based and online side, as well as that of regulators – particularly PAGCOR. Meanwhile, in the regulatory world – pressure is increasing to oversee the online gaming industry in order to facilitate its healthy growth. Industry veteran Fredric Gushin notes that the offshore component “offers the greatest risks”.
What you need to know
- ASEAN Gaming Summit concludes with a record number of participants, supported by both operators and regulators.
- Pressure to further regulate the online gaming industry will continue to grow, with particular focus on the offshore side, notes an analyst.
On the radar
- Uncertain path for Philippines’ GGR growth amid FATF gray list exit pressure.
- Japan gov’t could restart IR application tender in summer: Analyst.
- Macau junkets protest against being banned from issuing gaming credit.
- Philippines continues to lead the way: industry veterans at AGS 2024.
AGB Intelligence
ASEAN GAMING SUMMIT
Event concludes with record number of participants
The ASEAN Gaming Summit has drawn to a close, seeing record participation from industry professionals worldwide. The three-day event in Manila gathered together operators and experts from across both the land-based and online world, and counted with the strong backing of the Philippines’ gaming regulatory body PAGCOR.
Corporate Spotlight
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
- Playson launches new game format with Clover Charm: Hit the Bonus.
- Wizard Games introduces PAYS ANYWHERE in Surtr’s Fury.
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