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Daily Asia Gaming eBrief: Malaysia tourism sector to excel in 2024

Good Morning

Malaysia is on the up, at least according to Tradeview Capital Sdn Bhd CEO, Ng Zhu Hann, who believes the country’s tourism market is poised to excel this year compared to its ASEAN counterparts, driven by mutual visa-free entry with China and a historically low ringgit. Ng anticipates significant revenue growth, particularly for Resorts World Genting, as visa-free entry and increased Chinese tourist arrivals during the recent Lunar New Year are expected to boost performance. Meanwhile, it seems it is game over for the Tigre de Cristal sale, as its proposed russian buyer tries to terminate the purchase deal, while Genting Singapore got its profit and operating estimates cut by Maybank analysts.

What you need to know


On the radar


AGB Intelligence

MALAYSIA

Malaysia tourism to outperform ASEAN in 2024

Tradeview Capital Sdn Bhd CEO Ng Zhu Hann believes Malaysia’s tourism market will outperform its ASEAN competitors in 2024. In an interview with AGB, Ng commented that thanks to mutual visa-free entry for Malaysia and China, along with the historically low ringgit, the country’s tourism market is expected to excel this year.


Corporate Spotlight

Why bettors from the Philippines choose 1xBet

1xBet, bettors, Philippines

1xBet is one of the leaders in the global betting industry. The bookmaker offers its clients excellent betting and gambling opportunities worldwide, quality service, and support. 1xBet listens to its players to constantly improve the product, which the brand’s clients in the Philippines have already tried.


Industry Updates


ASEAN Gaming Summit, 2024

Registrations for the 2024 ASEAN Gaming Summit, the calendar conference of excellence of the gaming industry in the region, are officially open. Scheduled from 19th to 21st March 2024, the Summit is the gateway to the Next-Gen of gaming in Asia.


Asia Gaming Awards 2024 recognizing excellence on March 20th in Manila

Malaysia

The Asia Gaming Awards, hosted by Asia Gaming Brief, is set to once again recognize and celebrate the outstanding achievements in the Asian gaming industry. The Awards ceremony will take place on the evening of Wednesday, 20th March 2024, at the Grand Ballroom of the Shangri-La The Fort, Manila.

Asia-Gaming-Awards 2024

MEET THEM AT ASEAN 2024


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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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