Good Morning
Illegal online gambling and scam operations in Southeast Asia are nothing new, with a monitoring group noting that they have been expanding since at least 2010, as nefarious operators seek new harbors to ply their craft. Meanwhile, in Macau, the mixture of mainland Chinese visitors is increasing, as the Individual Visitor Scheme expands and more events are held in the city. And excitement is building for the ASEAN Gaming Summit, from March 19th to 21st in Manila, with Jumbo Technology announcing its sponsorship.
What you need to know
- Southeast Asia illegal online gaming and scam industries booming since mid-2010: Monitoring group.
- Macau’s events attract new customers, but the visitor mix of mainland Chinese topped 2019 levels for the first time: UBS.
- Jumbo Technology announces sponsorship of the ASEAN Gaming Summit 2024, calling the event a ‘beacon of excellence’.
On the radar
- International Entertainment loss widens due to Manila IR expenses.
- FEC listing of Czech Republic casino subsidiary scheduled for March 11th.
- IPI refiles lawsuits against CCC and Palacios.
- SkyCity to appoint interim CEO: Brad Burnett.
- Philippines remains on FATF Grey List despite positive developments.
- Newport World Resorts donates 18 motorbikes to Philippine National Police.
AGB Intelligence
ILLEGAL OPERATIONS
Online gaming and scam industries boom in SE Asia: Monitoring group
An independent monitoring group notes that illegal online gaming and scam operations have been on the rise constantly since around 2010, with a particular presence in the Philippines, Cambodia, Myanmar and Laos. Authorities’ attempts to crack down on the illicit operations are gaining ground, but are facing headwinds as operators shift between jurisdictions, targeting more politically volatile regions to ensure continued flexibility in their operations.
Corporate Spotlight
Why bettors from the Philippines choose 1xBet
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
- 7777 Gaming elevates global presence through a partnership with SoftGamings.
- R. Franco Digital bolsters IRIS platform with CT Interactive content.
Registration open for the 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
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.
MEET THEM AT ASEAN 2024
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