Good Morning. Testing, testing, one, two. Regulators and operators alike are having to adapt to the shifting landscape, as they aim for compliance from all parties – with AML and cybersecurity in focus, GLI Australia’s CEO tells AGB. Meanwhile, Genting Berhad saw an impressive third quarter, with profit mooning. In Singapore, analysts at Maybank see housing prices pushing up mass GGR. And in APAC overall, iGaming prospects are not looking as promising as in other markets.
What you need to know
- Regulators and operators are both pushing for more testing, notes GLI Australia’s CEO, as AML, cybersecurity, AI and compliance are in vogue.
- Genting Berhad’s third-quarter profit skyrocketed, as results of Resorts World Genting’s gaming and non-gaming segments delivered.
- Analyst from Maybank identifies soaring house prices as the key driver behind Singapore’s mass GGR surpassing pre-COVID levels.
- The iGaming prospects within the Asia-Pacific region are not as promising as those in Northern and Latin America, notes SOFTSWISS.
On the radar
- INSPIRE Entertainment Resort soft opening on November 30th, casino in 1Q24.
- Queensland authorities extend disciplinary action against The Star.
- Binance loses nearly $1 billion in 24-hours as CEO steps down, pleads guilty.
- Macau 3Q 2023 retail sales soar by 80 percent.
- Aruze Gaming appoints former LT Game COO Betty Zhao as SVP of Int’l Ops.
AGB Intelligence
FACE TO FACE
GLI Australia CEO: AML/cybersecurity/compliance on the rise
Ever-evolving technology, revamped gaming floors and increased regulatory oversight are all causing a boost in demand for testing and certification. In this Face-to-Face interview, the CEO of Gaming Laboratories International Australia, Ian Hughes, breaks down what operators and regulators are seeking out more – with each jurisdiction having its own specific requirements.
Corporate Spotlight
1xBet – The Leading Bookmaker With Worldwide Reputation
Since 2007, 1xBet has grown from a small startup to a giant in the sports betting industry. Today, the company successfully operates worldwide, and the bookmaker’s website and app are visited by millions of players monthly.
Industry Updates
- What’s hot in Asian gambling now: a MegaPari report.
- Return to the land of Pharaohs in 3 Oaks Gaming’s Crystal Scarabs.
MEMBERSHIP | MAGAZINE | ASEAN | CAREERS
