Good Morning. The Philippines’ upward trajectory can only continue, as partnership and reform pave the way for PAGCOR to embrace industry growth, notes Daniel Cecilio. In Macau, changes to the gaming law will have a profound impact, earlier than expected, say experts. Wynn has revealed its grand plans for the UAE’s first casino, paving the way for gaming in the emirates. And Genting furthers its New York aspirations with the sale of its Miami land for $1.22 billion.
-Due to the holiday, Asia Gaming eBrief will be back on Tuesday, May 2nd.
What you need to know
- PAGCOR’s new paradigm is set to pave the way for industry partnership and growth, notes Daniel Cecilio.Â
- Macau’s new gaming law is going to have much earlier implications than expected, note experts, as the shift to non-gaming redefines operators.
- Wynn Resorts unveils its grand designs for the first casino in the UAE, with its Wynn Al Marjan property set to debut in ‘early 2027’.
- Genting finds a buyer for its land plot in Miami as it abandons its Florida casino attempts, netting $967 million on the sale.
On the radar
- Dr. Ambrose So to retire from SJM, effective June 15th.
- Crown fined $20 million for illegal ‘bank cheque practices’ in Melbourne.
- Macau launches tourism campaigns in Hong Kong and South Korea.
- DigiPlus sets to expand its site operations in 2023.
AGB Intelligence
PHILIPPINES
PAGCOR leading PH new success model: Daniel Cecilio
Philippine gaming operator and regulator PAGCOR is undergoing a new revival, as the group increasingly partners with the industry in leading the way as the premier gaming country in Asia. Daniel Cecilio, General Manager of the Licensing and Regulatory Group, notes the move to privatize the group’s casinos, pushes for changes in gaming employment licenses, opening up to supplier showrooms and a general restructuring aimed at capitalizing on the future.
Industry Updates
- ONE Championship creates ‘ONE Fight Arena’ Web3-enhanced mobile game.
- Pariplay granted B2B supplier license from Swedish Gambling Authority.
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