Good Morning. The days of anonymity are long gone. And in the world of gaming, especially the online sphere, companies are working ever harder to make sure they know exactly where funds are coming from and who they’re going to. And KYC providers stand to make a significant buck. Meanwhile, in Macau, May’s gross gaming revenue could come in as high as $2.6 billion, given a strong uptick from VIP in the final part of the month.
What you need to know
- Online gaming’s expansion means that Know Your Customer (KYC) is more important than ever, according to Jumio.
- Capella opening at Galaxy Macau boosts May GGR forecast to $2.64B as Citigroup notes strong late-month VIP-driven performance.
On the radar
- Macau tourism office rolls out youth-focused campaign in South Korea.
- China’s lottery ticket sales saw a 4.1 percent yearly growth in April.
- Macau upgrades anti-scam center as AI-powered fraud emerges.
- Bangkok to host WPT Prime Thailand Exhibition.
AGB Intelligence
KYC
Growth of online gaming increases KYC needs
Verification is now the name of the game, with Know Your Customer (KYC) processes playing a crucial role in confirming who is involved and why each transaction occurs—an increasingly vital safeguard as the online gaming industry rapidly expands. At Jumio, this is in full force, with the company finding that more clients than ever are hoping to identify transactions and help to stay in regulatory compliance.
Corporate Spotlight
Bettorify bridges European operators to Asia’s gaming markets
With over 30% of global gaming revenue projected to come from Asia soon, the window of opportunity is wide open. Bettorify’s white-label and turnkey solutions deliver what most platforms miss: sharp execution backed by real local expertise.
Industry Updates
- Play’n GO expands CrashBack series with Boat Bonanza Rider launch.
- Altenar reinforces security with ISO 27001:2022 recertification.
- BetGames boosts portfolio with Bad Baboons Deluxe and Gold Adventure.
INTELLIGENCE | ASEAN | CAREERS
