Good Morning. Escaping the bills. The iGaming industry is shifting from traditional “white” licenses in jurisdictions like Malta and the Isle of Man to more accessible “grey” licenses from places like Anjouan and Curacao, driven by rising compliance costs. In Thailand, lawmakers are preparing to debate a committee report opposing the previous administrationโs casino-entertainment complex bill. Meanwhile, as Typhoon Ragasa approaches the region, Macau authorities warned that casinos will likely have to close.
What you need to know
- The iGaming industry is shifting from traditional “white” licenses to more accessible “grey” licenses such as Anjouan and Curacao.
- Thai senators will review report advising rejection of casino bill, urging a public referendum if the government insists.
- Authorities will shut casinos in Macau if typhoon signals rise above No. 8, as Ragasa looms with risks of major flooding and destruction.
On the radar
- Macau August casino revenue in line with forecasts, but visitor spending dips.
- Wynn Al Marjan tower reaches 61st floor, eyes March 2027 launch: Marjan CEO.
- Newport World Resorts to expand online gaming amid sector boom.
AGB Intelligence
IGAMING

iGaming industry shifts to grey licenses amid rising compliance costs
Recent gaming expos reveal a significant shift in the iGaming industry’s licensing landscape, moving away from traditional “white” jurisdictions like the Isle of Man and Malta, which were once considered the gold standard. Companies are increasingly opting for “grey” licenses from jurisdictions such as Anjouan, Nevis, and Curacao, driven by soaring compliance costs and complex regulatory requirements. As maintaining a top-tier license has become financially burdensome due to extensive audits, local directorships, and rigorous anti-money laundering protocols, many operators are finding these grey markets more appealing for their lower costs and quicker market entry.
Corporate Spotlight
90-Day Playbook for Winning Asiaโs Gaming Market | GR8 Tech
Every operator can launch, but few can lead. In Asia, leadership is won in the 90 days after go-live, when payments feel effortless, content resonates locally, and every touchpoint builds trust.
Why Asiaโs iGaming operators must rethink risk strategy | SEON
Winning Trust, Stopping Fraud. Asia Pacificโs iGaming market is expanding extremely fast, and a new wave of digital-savvy players is pushing demand through the roof. But the rise in adoption has outpaced regulation in many markets, and fraudsters have taken notice.
Industry Updates
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