Monday, June 21, 2021
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Moody’s reaffirms Macau credit rating, warns about growth volatility

Moody's Investors Service said it is confirming Macau's Aa3 rating, with a stable outlook, but warned about the high concentration of its economy on gaming and tourism.
Macau Skyline, GGR

Macau gaming stocks to outperform from H2: MS

Capacity expansion, Chinese exploration and concession extension are likely to lead to outperformance of Macau’s gaming stocks in the second half of this year after a sluggish start, according to analysis from Morgan Stanley. 

Macau economy set for a 50% contraction in 2020

The Macau economy is expected to grow by some 35 percent in 2021, following a 50 percent contraction in 2020, ratings agency Fitch Ratings indicated in a report.

Macau economy to shrink by 56.8%

Secretary for Economy and Finance Lei Wai Nong has said Macau's economy is likely to shrink by 56.8 percent this year. That's slightly better than earlier estimates for a decline of 60.9 percent.
Singapore Skyline

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.
Macau, tourism, stimulus package

Be what you want to be – Macau 2021 and beyond

Before delving into the much-discussed path of Macau’s diversification efforts and challenges in the past 20 years, and future outlook, let me take a step back. During Covid-19 there are 3 lines of concurrent thought for a ‘strategic’ tourism recovery, that is, one that better positions the city for greater sustainable development in the medium to longer term – one aim being a diversified tourism portfolio. 

Australia aims to reopen the economy by July

The Australian government has announced a three-phase plan to fully reopen its economy by July.  According to Prime Minister Scott Morrison, the first step would...

Fitch projects 24 percent contraction of Macau economy in 2020

Fitch Ratings issued a report on Monday projecting a 24 percent contraction in Macau’s economy over the course of 2020. “Macao's concentration on gaming tourism...

Finance secretary optimistic for Macau’s future

Macau’s new Secretary for Economy and Finance, Lei Wai Nong, on Friday said the government was cautiously optimistic about Macau’s economic prospects, noting a...

Gaming to continue to drive Macau’s wealth

Twenty-nine years ago I visited Macau for the first time. It was a consolation day trip from Hong Kong for not being able to apply and obtain a visa to enter China in less than a week when I had only four days to spend.
AGE at ICC Sydney, 2021

Australasian Gaming Expo (AGE) 2021

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
life after pogos

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.

Regulating the Game 2021

Esports BAR Cannes

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.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

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.