Good morning. Illegal operators will always exist, it’s like playing a game of whack-a-mole. But continuously studying the playing field will allow stakeholders to better craft their approaches. New research finds that tech companies, financial institutions and law enforcement will need to work together if they are to succeed. Meanwhile, analysts see a brighter horizon for Sands China, as renovation efforts at its Londoner property in Macau finalize in 3Q24, cutting the dead weight.
What you need to know
- Tackling illegal gambling requires a new approach in regards to how markets are studied, and how enforcement is handled: research.
- Disruptions from Londoner Macao Phase 2 revamp to peak in 3Q24, weighing on Sands China’s results: CLSA.
On the radar
- Baccarat hold increase impact on MBS ‘over-stated’: Seaport.
- Macau watchdog finds unlicensed gaming agents during inspections.
- Genting Malaysia’s US operations to deliver stronger earnings in 2Q24.
- Entain’s appointment of new CEO Gavin Isaacs to bring ‘stability’: CBRE.
- Gambling ban in Malaysian Kedah state under legal scrutiny.
- Opinion: POGOs should go, but online has space to grow.
AGB Intelligence
ILLEGAL GAMBLING
Complexity of underground market difficult to combat: study
Illegal gambling operators have a significant advantage over their legal counterparts, subject to less scrutiny, more flexible in their strategies and with few scruples over customers’ satisfaction. A recent study finds that a multifaceted approach is needed to crack down on the bad actors, bringing together tech companies, financial institutions and law enforcement to try and level the playing field. But the proper ongoing study of such markets is also essential, not just one-off analysis.
Corporate Spotlight
Know Your Enemy: An Interactive Guide to Online Gaming Fraud
Online gaming fraud is on the rise in the iGaming industry. In Q1 2022, there was an 85% increase in fake account registrations compared to Q4 2021. While players are undoubtedly affected by gaming fraud, iGaming platforms also suffer due to damaged reputations, huge financial losses, and legal consequences.
How 1xBet dominates the Asian market: conditions and approach
1xBet operates in several dozen countries in Asia, and the number of partners in this region is growing steadily, which indicates the effectiveness of the 1xPartners affiliate program. The brand offers favorable conditions and a modern set of tools for making money on the Internet.
Industry Updates
- 3 Oaks Gaming brings the heat in Super Hot Chilli: Hold and Win.
- Relax Gaming invites players to a new adventure in Atlantis Crush.
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