Good morning. Cut off one head and another will grow to take its place. Such is the scenario with a major Chinese-targeted operation which has been illegally promoting gambling through operations as blatant as sponsorship of European football club sponsorships. An in depth report explores how the group continues to operate in the shadows, and just how nefarious its activities are. Meanwhile, Thailand is seen as Macau’s ‘frenemy’, according to analysts at CLSA, which predict its gaming market could be worth as much as $15.1 billion.
What you need to know
- Chinese cybercrime syndicate previously linked to European sports sponsorships continues to operate: Report.
- Thailand’s casino legalization may spark a $15.1 billion market, presenting more opportunities than threats for Macau’s gaming sector: CLSA.
On the radar
- No exceptions for foreign POGO workers in the Philippines: government.
- UAE first federal lottery license ‘significant step’ to legitimize commercial gaming.
- Indonesia to extend block on online gambling sites to more countries.
- Macau hotel occupancy shines in 1H24.
AGB Intelligence
CYBERCRIME
Chinese syndicate linked to football sponsorships continues
A top Chinese cybercrime group linked to European football club sponsorships continues to operate, illegally promoting gambling websites in Asia. A report by cybersecurity firm Infoblox delves into how the Vigorish Viper technology suite manages to target residents of Greater China and other victims worldwide, through a complex operation likely underpinned by forced labor.
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
- SOFTSWISS Casino Platform reports referred users rise by 219% in 2Q24.
- Pragmatic Play marks the spot in Bow Of Artemis.
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