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Daily Asia Gaming eBrief: Solaire North to provide needed boost to Bloomberry

Good Morning. A new opening is always a cause for celebration. And the recent opening of Solaire North has analysts upping their estimates for its operator, with expectations that its focus on the mass domestic market will help improve results that failed to impress in the first quarter. Meanwhile, Chinese punters focusing on Macau are going to keep spending, with a recent report from CLSA highlighting the city’s attractiveness compared to other Asian gaming jurisdictions.

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On the radar


AGB Intelligence

PHILIPPINES

Positive expectations for Solaire North: Maybank

The recent opening of Bloomberry Resorts’ Solaire North has analysts expecting that the property can contribute up to a quarter of the group’s gaming revenue within this year. This comes amongst a yearly drop in the group’s overall net income in the first quarter, with VIP volumes falling by one-third. Despite the results, Maybank is still expecting some $174 million in earnings for FY24, according to analysts.


Corporate Spotlight

How 1xBet dominates the Asian market: conditions and approach

1xBet, Asian Market

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.

What are the main compliance trends in the iGaming industry

More countries are legalizing and/or strengthening control over the iGaming industry. Despite the AML vulnerabilities of the sector being presented by FATF back in 2008, not all member countries have implemented corresponding standards in local legislation yet. Sumsub a full-cycle verification platform provides insights into the main compliance trends in the iGaming space.


Industry Updates


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AGBrief Editorial
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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