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Paradise expected to post $13.3 million loss
South Korean casino operator Paradise Co is expected to record a consolidated operating loss of KRW14.9 billion ($13.3 million) in the first quarter of 2021, according to analysts from Shinhan Investment Corp.
Jeju casino sales fall 64 percent in 2020
Jeju’s foreigner-only casinos have seen a sharp 64 percent drop in sales, and a decrease of employees to the tune of 20 percent as a result of the coronavirus pandemic.
Vietnam casino operators lobby to end foreign-only entry
A group of casino operators want the government to allow Vietnamese entry to make up for foreigners’ inability to come to the country due to Covid-19 flight restrictions.
Locals gaming in Korea likely — but not imminent
The Covid-19 pandemic may be a trigger for South Korea to rethink its foreigner-only casino policy, as the country’s casinos struggle with a lack of tourism revenue.
Japan clouds Korea’s IR-hub aspirations
South Korea wants to turn the area near Incheon International Airport into a version of Manila’s Entertainment City, but its vision is at risk from competition from Japan.
Opposition party reportedly revives locals casino proposal
An opposition party has called on the government to allow the development of a casino that South Korean nationals would be allowed to enter on Saemangeum reclaimed land, located in North Jeolla Province, as a means to boost tourism.
Myanmar eyes casinos to boost tourism
Myanmar looks set to be the next Asian jurisdiction to open its doors to IRs as the government seeks to attract much needed tourism dollars, with experts in the region predicting strong interest from potential investors.
Myanmar tourism ministry has no objection to casinos
Myanmar’s Union Minister for Hotels and Tourism, Ohn Maung, says that a relaxing of the country’s gambling laws will allow foreigner-only casinos to operate...
Wakayama governor hints at dropping foreigner-only policy
A second indication has emerged that Wakayama’s IR advocates are now moving away from their notion that casino entry might be limited to foreigners.
This...
Ministry gets authority to grant casino licenses
Vietnam’s Ministry of Finance has been given the authority to grant casino and gaming service licenses in the country, under a newly-issued circular, VietnamNet...
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 – 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.
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 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.
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.