Tuesday, December 1, 2020
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Resorts World Sentosa (file)

Slow Singapore recovery leads to “negative” Genting outlook: S&P

Ratings agency Standard & Poor’s has reaffirmed Genting Malaysia’s BBB rating, but says the outlook is “negative” due to a slower-than-expected recovery in Singapore.

Macau casino operators face US$1 billion loss in Q2: Bloomberg

The six Macau concessionaires are likely to post collective EBITDA losses in the range of US$1 billion for the quarter ending June 30, according...

Focus on opex as operators poised to report “worst” quarter ever

Macau’s six operators are likely to post the worst quarterly performance ever in Q2, with the focus likely to be on who has done the most to control operating expenditures during the period, Morgan Stanley reports in a note.

Moody’s says Asia operators have enough cash for a year

Nine listed gaming operators in the Asia Pacific region are likely to see a plunge of about 70 percent in EBITDA this year, but all should have sufficient cash to cover basic needs for the next year, Moody’s Investors Service said.

Nomura ups estimates for Hilton/Marriott as outlook “less dire” 

Nomura said it’s raising its estimates for the Hilton and Marriott hotel groups as occupancy has shown slow but steady growth and been better than its “original more dire outlook.”
playtech

Playtech Q1 results boosted by higher trading volumes

Online gaming provider Playtech plc reported strong results during the Jan 1 to Apr 30 period, with its businesses, particularly TradeTech benefitting from increased...

Genting SG pessimistic over the remainder of 2020

Genting Singapore said it remains pessimistic on its outlook for the remaining year, with its flagship property Resorts World Sentosa being “severely affected” and...
Transact Technologies

Transact Q1 results down, expects slow recovery of casino market

Transact Technologies reported a widened loss of $1 million for the first quarter ending 31 March 2020, with net sales down 11 percent year-on-year. Adjusted...

Crown normalized EBITDA reaches A$500 million

Crown Resorts on Monday reported a normalized EBITDA of approximately A$500 million (US$321.6 million) for the period from 1 July 2019 to 23 March...
Macau casinos by night

Macau companies EBITDA to break even in Q1

Analysts at Morgan Stanley said they expect Macau’s gaming concessionaires to announce almost breakeven EBITDA in the first quarter of 2020, reflecting a strong...

Getting through to the other side

We enter a week, and the final month of the year, with a global economy tipping wildly between extremes of optimism and pessimism.
Solid Gaming

Knowledge trumps content in Asia’s complex i-gaming world

In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge. 

Instant and secure deposits

AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.

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.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

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.
Winning The Future Chinese Tourist

Winning the Chinese Tourist & China Tourism Blacklist

The AGB Webinar hears from Professor Wolfgang Arlt of COTRI, Shirley Tam of Okada Manila and Desmond Lam of UMAC to discuss future expectations...
Sigma Malta Show

SIGMA Malta

Sigma Malta Show

SIGMA Manila

Regulating the Game 2021

news, macau, gambling

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 20

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.
asia gaming briefings Sep 20

Asia Gaming Briefings – Sep 2020 Edition

IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.