Good Morning. From basements to packed arenas – Esports has come a long way, with experts noting that consumers are tech-savvy, young and have deep pockets – and they’re ready to bet if you know how to target them. Meanwhile, in Macau, Galaxy rounded out the city’s 1Q23 concessionaires reporting, recording $244mln in EBITDA as net revenue topped $900mln. In romantic news, Chinese Valentine’s Day boosted tourism, in particular hotel bookings.
What you need to know
- Esports growth is undeniable, with a consumer base of young punters with a propensity to bet, say experts.
- Galaxy Entertainment Group recorded $244 million in 1Q23 EBITDA, as net revenue topped $900 million.
- Chinese Valentine’s Day weekend saw a major boost for romantic tourism, with a surge in hotel bookings.
On the radar
- Daisy Ho satisfied with SJM’s performance in 1Q23.
- LVS Chairman re-elected as executive director of Sands China.
- Malaysian authorities arrest 40 in online gambling platform raids.
- India to tax incentives offered by online gaming firms.
AGB Intelligence
ESPORTS
Rethinking your view of Esports, the next big thing
A panel of experts sit down to discuss the misconceptions behind Esports as a whole – its current dimension and growth potential and, particularly, how intimately it’s tied into the gaming industry. With young, savvy consumers with deep pockets and a propensity to bet – those targeting the segment need to know which region they’re marketing to, which title is being played and how to get the most back on their investment.
Industry Updates
- Play’n GO secures safer Gambling Standard Certification.
- Pragmatic Play empowers players in Zeus Vs Hades – Gods Of War.
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