Wednesday, November 25, 2020
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VIP won’t recover for foreseeable future: Bernstein

Macau's VIP market won't fully recovery any time in the foreseeable future and gross gambling revenue in 2023 is still expected to be lower than the levels of 2015, Bernstein Research said in a note.
Macau Grand Lisboa

Macau prospects bright, but visa issuance continues to drag

The indicators are lining up and pointing to a positive future for Macau, however, without the improvement of visa processing in China, the recovery is likely to continue at its current steady pace.

Singapore PM says travel to take two years to normalize

Singapore's Prime Minister Lee Hsien Loong said he believes it will take several years to return to normal after Covid-19 and travel is likely to take another two years to fully recover. 
Covid-19 precautions in Macau casinos

Covid-19 poses five key risks for casino recovery

The COVID-19 pandemic has left the global gaming industry bruised and maimed and there are five key factors to suggest the recovery may face significant headwinds. By Sudhir H. Kalé, Ph.D.
Aristocrat Assists the road to recovery

Aristocrat Assists the road to recovery

Aristocrat has introduced Aristocrat Assist – a global program designed to help its customers through the journey to recovery. This program was designed to...

Asia operator earnings give rise for recovery optimism

While the green shoots of recovery are still far from becoming a forest, the raft of earnings reports from Asia’s operators on Tuesday all gave grounds for optimism that recovery is taking root.
Macau back in black

Macau back in black

Almost as soon as the world was plunged into the Covid-19 pandemic, many voices within the Asian gaming industry began talking about “recovery” and mapping exit strategies back to financial health.
Macau Junkets not expected to fully recover from Covid downturn

Macau Junkets not expected to fully recover from Covid downturn

On an earnings conference call last Thursday, Wynn Resorts Chief Executive Officer Matt Maddox made clear his firm’s view that the golden age of Macau junkets has definitively passed, and it is not likely to return as the Covid-19 pandemic subsides.

Summit Ascent Q3 slot handle exceeds pre-pandemic levels

Summit Ascent Holdings, the operator of the Tigre de Cristal, said slot handle in the two and a half months of the quarter its resort was open exceeded pre-pandemic levels at 103 percent, while mass drop was 96 percent of pre-closure levels. VIP was affected by closed borders. 

SJM posts HK$1 billion Q3 loss, but sees green shoots of recovery

SJM Holdings reported a loss attributable to shareholders of HK$1.03 billion ($132.8 million) in Q3, compared with a profit of $738 million a year earlier, but said it has seen signs of a pick up towards the end of the quarter.
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.