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Daily Asia Gaming eBrief: POGO operators seeking new pastures

Good morning. The grass is always greener where you’re legally allowed to operate. For Philippine Offshore Gaming Operators (POGOs) the end of the age is coming, and they’re now looking to Europe, Vanuatu, and other regions to find the proper jurisdiction that suits their needs and encourages their growth. The Philippines will still need to negotiate the aftermath of the exodus, both for employment and lost revenue streams. Meanwhile, Las Vegas Sands saw a dip in its 3Q24 results, based on a low hold in Singapore and continued construction at The Londoner, but the group is firm in its capital expenditure plans.

What you need to know


On the radar


AGB Intelligence

PHILIPPINES

Manila Makati, Philippines, POGOs, pogo exodus

POGO exodus means operators seeking new jurisdictions

The mandated closure of Philippine Offshore Gaming Operators (POGOs) by year-end has presented operators in the space with significant problems, while also providing opportunities for jurisdictions who are receptive to offshore operations. Expert Daniel Li points out how operators are likely now looking to Europe, Vanuatu, and other jurisdictions as they’re forced out of the Philippines.


Corporate Spotlight

Altenar brings premium sportsbook solution to Asia

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


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AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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