Asia Gaming Briefings – August 2021 Edition


Australia, reloaded

The focus of this August edition of the AGBriefings magazine is Australia, where there is certainly a lot to talk about. The country has shown strong resilience in the past few months. It has a strong local market that has been stimulated by government support, resulting in solid numbers, even up until the most recent state lockdowns. Nonetheless, gaming has dominated the headlines for all the wrong reasons.


IN FOCUS: Australia


Crown resorts, australia

Crown case highlights lack of regulatory communication

Limited co-operation between AUSTRAC and casino regulators was identified as a factor that led to Crown's AML/CTF compliance and enforcing breaches.
Australia, sydney

AGE postponed, but Australia remains in focus

The Australasian Gaming Expo was forced to take the difficult decision in mid-July to postpone this month’s event until August next year due the ongoing Covid restrictions in New South Wales.
Paul Newson

Technology to empower the gaming regulator

Former NSW gaming regulator Paul Newson calls for policy makers to give back power and funding to state gaming regulators - or risk another Crown Resorts debacle. 
David Croft

Covid curbs not as-bad-as-expected for floor yields

It has been over twelve months since casino properties around the world began re-emerging from their Covid-19 related lockdowns. No doubt, limits on customer numbers and distancing has hurt gaming revenue, but gaming industry executive David Croft says the increased spacing hasn’t hurt yields as much as one would expect. 
Epping club, spintec aura

Australia continues to prove tough nut for suppliers to crack

Australia has more than 8,000 bars, pubs and clubs, with many licensed to offer some kind of gaming product, over and above its regulated casinos, which should on the face of it provide an interesting opportunity for global suppliers.
Clubs_NewLambton

Australian gaming takes a step forward with digital wallets

Digital gaming wallets are finally making their first inroads in Australia after years of stakeholder debate, with Australia’s first digital gaming wallet trial set to take place in an NSW club in the final quarter of 2021.
responsible gaming, australia

Do online responsible gambling tools work?

Findings from a recent study into the use of responsible gambling tools in Australia’s online gambling space will likely have researchers and regulators questioning the effectiveness of current policy.

JURISDICTIONS UPDATES


china

Operators eye China projects as governments push integration

As Macau and China step up cooperation in the Greater Bay Area, the territory’s operators are paying heed and turning their attention to opportunities on the Chinese Mainland.
Hong kong, macau, travel bubble

HK/Macau travel bubble positive, but don’t expect a gold rush

The travel bubble that is being discussed between Hong Kong and Macau would be a positive step in opening up the market, but wouldn’t necessarily lead to a surge in gross gambling revenue for the territory.
Grand lisboa Palace, macau

Grand Lisboa Palace takes its place on Cotai after muted debut

SJM Holding’s long-awaited Grand Lisboa Palace made a low-key debut in late July, filling out the offering on the Macau Cotai Strip as the last major IR planned for Macau.
China

China soft power packs punch in online gambling crackdown

China’s crackdown on online cross border gambling is showing no signs of easing, with Beijing’s increasing deployment of soft power across Asia reducing safe havens for operators.
Philippines, Manila,

PIGO market gradually evolving, with restriction to VIP bets dropped

The Philippines is pushing on with efforts to develop its domestic online gambling market, with the regulator recently tweaking rules to lift a restriction on only accepting bets from VIP players.
hatien vegas, cambodia

Casinos shuttered on resurgent Covid

Up until February, Cambodia was one of the world’s Covid success stories, with very few cases and no deaths. That has now changed, with the government in Phnom Penh struggling to control an outbreak, resulting in the widespread closure of the country's casinos.
MGM-Orix, Japan

Clash of casino titans becomes a damp squib

The future shape of Japan’s IR casino industry is slowly beginning to take shape, but instead of a heated battle between the world’s gaming giants, regional governments have found themselves with limited choice in their potential gaming partners.
saipan

Saipan seeks to unravel IPI mess

Authorities in the Commonwealth of Northern Mariana Islands are considering a proposal for two gaming licenses for the island of Saipan if the monopoly permit of Imperial Pacific International is revoked.
Online gambling, india

Covid drives online growth, attracting foreign investor interest

India online gambling market has seen explosive growth during the Covid crisis and that’s showing no signs of slowing down as overseas investors increasingly target the market.
Grand Ho tram

Ho Tram eyes more international/MICE business with rebrand

Vietnam’s first integrated resort Grand Ho Tram has completed its rebranding, which was designed to bring in more international travelers and take greater advantage of the country’s booming MICE space, although the grand unveiling has been put on hold due to the Covid situation. 

INDUSTRY OPINION


Gary Bowerman
Gary Bowerman

Covid sparks innovation in domestic tourism

Covid has triggered a major tourism reset across Asia, with governments forced to pivot to the domestic market, which prior to the pandemic received little support in terms of finance and marketing.

LAST WORD


Sharon Singleton
Sharon Singleton
Managing Editor, AGB

Should Beijing’s economic rampage concern Macau?

Melco Resorts & Entertainment Chairman and CEO Lawrence Ho says he’s not expecting any nasty surprises from the upcoming concession renewals in Macau, although stock market investors are not so sure.

SUPPLIER SPECIAL REPORT


PREVIOUS EDITION

AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.

UPCOMING EVENTS