Good morning. Punters are playing their Trump card when placing bets on the upcoming US presidential election, swinging more in favor of the former president than polls would suggest. Significant wagers are being placed even outside the US, showing the global interest in the showdown. Meanwhile, in HK, authorities are pondering lowering the age restriction for horse racing events to boost tourism. And in Australia, The Star says disclosing a $966 million non-cash impairment wasn’t necessary in its latest financials.
What you need to know
- Bookmakers are indicating a favorable outlook for Trump in the presidential election, with a high volume of wagers from outside the US.
- Hong Kong is considering easing age restrictions on horse racing to enhance tourism and attract a broader range of visitors to racecourses.
- The Star Entertainment denied having to disclose a $966M non-cash impairment charge prior to its latest financial report.
On the radar
- Macau GGR is estimated at $1.83B through the first 20 days of October.
- PAGCOR’s assistance was requested for the departure of foreign POGO workers.
- Alliance Global clarifies Boracay casino project plans.
- PH Quadcom to investigate Chinese POGO operators acquiring citizenship.
- Chinese national re-kidnapped has ties to POGOs: PNP.
AGB Intelligence
US ELECTION
Bookmakers indicate favorable outcome for Trump
The US election is heating up, and after a recent ruling allowing for bets to be placed on the outcome, punters are weighing in. Currently, odds are stacked in favor of former President Donald Trump, with just four accounts placing over $30 million in wagers on the outcome. The weights of the bets don’t align with current polls, which still fall in favor of current Vice President Kamala Harris, however, polls have failed to predict the outcome previously and could do so again.
Corporate Spotlight
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.
1xBet: The most popular gambling games and slots in Asia
For global betting company 1xBet, Asia is a key market for several reasons. This is why 1xBet pays special attention to the Asian market and actively promotes its sports betting platform and the most popular gambling games on the continent.
Industry Updates
- ​​MGM highlights Macau with Fam-Trip for Japanese Travel professionals.
- Zitro adopts comprehensive Energy Efficiency measures across all facilities.
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