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Anti-corruption drives, capital flow focus, add to Macau woes
A sign Beijing is once again ramping up its anti-corruption rhetoric, combined with an increased focus on capital outflows, are likely to be further factors hindering recovery in Macau.
Anti-corruption activity could pose risks for premium spend
Recent anticorruption activity in China may have implications on premium spend, but the signs still point to positivity for now, analysts from Bernstein said.
“Anti-corruption...
Anti-corruption activity threatens premium spend
Increased anti-corruption activity in China over 17Q2 may pose a risk to premium spend, says Bernstein analysts.
The brokerage, in its latest note titled “China...
Casino stocks on two year high
Shares of Macau casino operators are at their highest in almost two years, Bloomberg reports.
The BI Macau/China Gaming Market Competitive Peers gauge rose 1.1...
VIP headed for 7 pct growth in 2017: Bernstein
Macau’s VIP segment is headed for 7 percent growth in the full-year 2017, but will sway due to difficult comparisons through the year, said...
China sports ministry rapped over corruption
The China Communist Party’s top graft-busting body said it has sent inspectors attached to the sports ministry to departments dealing with swimming and gymnastics,...
Casino cruise ship faces bankruptcy
A casino cruise ship went from over 400 customers a day to less than a few dozen, facing bankruptcy and a wage dispute from...
Australia needs more anti-corruption resources
Anti-corruption experts in the US and Europe say Australian federal police and corporate watchdog ASIC may be spread too thinly to combat anti-bribery cases...
Nagaland anti-corruption committee questions passing of skill games bill
Nagaland’s Against Corruption and Unabated Taxation (ACAUT) has alleged the recent passing of the Nagaland online skill games bill in the Assembly “at the...
Clampdown on underground banking to blame for VIP gaming decline; Vickers
The clampdown on underground banking in China has been the main reason for the sharp decline in VIP gambling, says Steve Vickers, CEO of...
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.