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Politics rein in KRA progress
Korea’s horse racing industry, considered the sleeping giant of Asia, has not been immune from the turmoil sweeping through the country’s political and business classes, with modernization plans in the balance after the Korean Racing Authority chairman was removed from office. It’s just the latest setback for the sport, which has been beset by political obstacles. Exorbitant taxes, uncompetitive take out rates, a unionized labor force at its training centers and vociferous anti-gambling lobbyists determined to shut down off-track betting centers are all perennial problems for the government-controlled Korean Racing Authority.
Kangwon Land admits to past corruption scandal
Casino operator Kangwon Land may see itself back in the center of a corruption scandal which took place between 2012 and 2013, local media...
China Welfare Lottery officials suspected of corruption
Two officials previously in charge of China’s state lottery have been stripped of their positions under suspicion of bribery and corruption, reports Reuters.
Former head...
Duterte intends to fire CDC chief: reports
Philippine president Rodrigo Duterte is allegedly planning to fire the head of the Clark Development Corporation (CDC) for "corruption," The Rappler reports.
Duterte reportedly voiced...
Aguirre receives documents that could prove corruption
Documents alleging the corruption of senior officials of the previous Philippine Amusement and Gaming Corporation (Pagcor) administration have been turned over to Justice Secretary...
Sombero denies involvement in bribery scandal
Alleged middleman of gambling tycoon Jack Lam, Wally Sombero, has denied involvement in the bribery scandal involving Justice Secretary Vitaliano Aguirre and two Bureau...
Domingo denies being offered bribe from Lam
Philippine Amusement and Gaming Corp. (Pagcor) chair Andrea Domingo denies she was offered a bribe by gaming tycoon Jack Lam, though she admitted having...
Outlook improves, but China remains in driver’s seat
Macau got off to a good start in January, with GGR in the initial weeks higher than expected, though few expect any return to the stellar growth rates of the past, with China still likely to be the driving factor for casino operators. Beijing’s crackdown on corruption triggered a two-year slump in gaming revenue and going forward the performance of its economy, efforts to control capital outflows and its ongoing fight against graft will all play a role in determining the strength of the local gaming market.
Fixing Malaysia’s sports corruption image
Assertions that Malaysia is now Southeast Asia’s epicenter for match fixing didn’t go down well with the country’s authorities. But just how accurate are these claims and why do so many fixes emanate from this part of the continent?
Duterte orders seizure of Lam assets
Philippine President Rodrigo Duterte has ordered the seizure of all of casino mogul Jack Lam’s assets in the Philippines for allegedly not paying taxes.
Duterte...
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.
Attracting players, not fraudsters
With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
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.
Asia Gaming Briefings – Oct 2020 Edition
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.