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Bernstein reduces GGR estimates for May
Analysts from Bernstein Research have further reduced its Macau GGR estimates for the month of May, with border and travel restrictions continuing to impact...
May GGR expected to be down 90 – 95%: Bernstein
Analysts at Bernstein Research expect Macau to report a 90-95 percent year-on-year fall in GGR in the month of May, as the gambling enclave...
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 VIP results down 35% in 19Q4: MS
Analysts at Morgan Stanley estimate Macau’s VIP revenues to have declined 35 percent year-on-year in 19Q4, while mass and slots grew around 6 percent...
Macau GGR set for 8% growth in 2020, driven by VIP rebound
Macau gross gaming revenue could grow as much as 8 percent year-on-year in 2020, driven by VIP recovery in 20H2, and continued strength in...
Macau Q4 more challenged than expected: Nomura
Softer VIP volumes in November and tighter security measures during the Chinese President’s visit to Macau in December will weigh on Macau GGR in...
Bernstein lowers November GGR estimates
Analysts from Bernstein have lowered their estimates for Macau’s November GGR, driven by more than a 30 percent decline in VIP volume.
In a Tuesday...
MS revises down 2020 estimates on VIP decline
Morgan Stanley analysts on Monday said it has revised down its 2020 Macau forecasts, due mainly to weak VIP results in the third quarter...
Lawrence Ho expects 2019 to be a ‘down year’
Melco Resorts & Entertainment chief executive Lawrence Ho said he expects the US-China trade war and renminbi devaluation to cause a ‘down year’ for...
Macau ADR down in first ten days of November
The first ten days of November are off to a slow start in Macau, with month-to-date average daily revenue (ADR) down 10 percent year-on-year,...
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.