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Macau border (file)

Visitation improving but lack of IVS limits gains: Bernstein

Macau has seen improved visitation since the easing of travel restrictions with Mainland China, though progress is slow and a V-shaped recovery is not expected, Bernstein Research said in a note.

Genting Malaysia extends closure to May 12

Genting Malaysia said its properties will remain closed until May 12 after the government extended the country’s Movement Control Order (MC).
Macau 2020 GGR

Bernstein sees Macau 2020 GGR down 37%, favours Galaxy

Macau’s gross gambling revenue is likely to fall 37 percent in 2020, before rebounding strongly next year, and Galaxy Entertainment stands out as the “least risky” gaming company, Bernstein Research said in a note.

Macau GGR seen up 55% in 2021, Galaxy a long-term positive: Bernstein

Macau gross gambling revenue is likely to bounce back with an increase of 55 percent next year and Galaxy Entertainment is one of the best-placed stocks in the longer-term growth story, Bernsten Research wrote in a note.

IMF explains Macau forecast cut

The IMF has explained why it cut Macau’s economic forecasts for this year,  blaming a negative performance in the first half, falling investment and lower gambling revenue.

Macau gaming tax revenue gains 2.3 percent to July

Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.

Macau GGR gains 14 percent in 2018, Dec. beats forecasts

Gross gambling revenue in Macau rose 14 percent in 2018, with December topping consensus forecasts with a gain of 16.6 percent.

Universal Entertainment slashes 2018 results forecast

Universal Entertainment has released a revised business results forecast for the calendar year 2018 which is sharply lower than what it had projected in May.

Genting outlook dimmed by lawsuit, tax hikes

A more than $1 billion legal dispute with Walt Disney Co. and Fox Entertainment over a planned theme park is capping off a roller coaster of a year for Genting Malaysia, with analysts slashing their forecasts for the group.

SkyCity says international business drives revenue

SkyCity Entertainment says its international business is up 36 percent in the year through to November, though domestic revenue is lagging.
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.

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.
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...
gaming webinar south korea

South Korea Casino Recovery

The fifth edition of the AGB Webinar Series will take you to South Korea, one of the first countries to reopen their gaming industry...

Betting on Sports America

SBC Awards 2020

Sigma Malta Show

SIGMA Malta

Sigma Malta Show

SIGMA Manila

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.