Good Morning. It’s more fun in the Philippines. The saying continues to be true, points out expert Joe Pisano, noting that the country is expected to be the largest growth market in 2024. Land-based and online convergence, coupled with an innovative approach by government to allow new product mixtures gives operators freedom to diversify and expand, both in-country and abroad. Meanwhile, Sands China’s 4Q23 results continue to excite analysts, despite China’s economic slowdown.
What you need to know
- The Philippines is bridging the gap between land-based and online gaming, with flexibility to innovate and dominate, says Joe Pisano.
- Deutsche Bank and Jefferies reaffirm Sands China’s solid results in 2023 despite prevailing negative sentiment on China’s economy.
- Registration open for the ASEAN Gaming Summit 2024, the Next-Gen of gaming, from March 19th to 21st, in Manila.
On the radar
- China’s international travel only at 39% of 2019 levels: Fitch.
- Star Entertainment appoints Janelle Campbell as new Star Sydney CEO.
- Singapore and China to implement mutual visa-free policy.
- Oddschecker Global Media rebrands to FairPlay Sports Media.
- Approval granted for amendment to Goa GST Act.
AGB Intelligence
FACE TO FACE
Philippines poised, as online and offline connect
Gaming veteran Joe Pisano says the Philippines will be the largest gaming growth market this year, as regulators allow innovation and operators continue to develop the online space. The CEO of Jade Entertainment and Gaming Technology says that new land-based properties and technological innovations facilitate the bridging of online and offline and the company has a long list of new offerings to embrace the times.
Corporate Spotlight
1xBet sums up 2023: Innovations, awards, partners and winnings
1xBet is writing a success story with you and is happy to share its achievements in 2023. During 2023, 1xBet extended sponsorship agreements with world-famous sports clubs, cooperated with new partners and ambassadors, collected awards, and paid millions of dollars in winnings!
Industry Updates
- Games Global launches industry-leading jackpot titles with bet365.
- Aristocrat Gaming enters Québec lottery market.
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