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Visitor non-gaming spending down 13.6 percent in 16Q1

Visitor non-gaming spending amounted to MOP 11.5 billion ($US1.4 billion) in 16Q1, down 13.6 percent year-on-year, according to data from the Statistics and Census...

Mass market to make up 50 percent of gaming revenue in 2016

Revenue from the mass market will account for more than 50 percent of gaming revenue as 2016 progresses, says Bloomberg industry analysts. “Mass market revenue...

Retail and hotel weakness to linger: Morgan Stanley

Macau’s 16Q1 industry EBITDA was down 7 percent year on year, driven by weak retail and hotel performance, bad debt and mix change, say...

LVS mulls sale of Singapore retail assets

Las Vegas Sands Corp. chairman and CEO says he’s considering selling Marina Bay Sands’ retail assets after a government-imposed moratorium expires next year, Bloomberg...

Genting’s Resorts World Birmingham to open Oct. 21

Genting’s £150 ($230 million) million leisure destination Resorts World Birmingham in England is due to open on October 21, though its casino will launch...

Success Universe to restructure retail outlets

Success Universe, which is engaged in the travel, lottery and gaming business, said it plans to restructure its retail outlets to “gain more exposure,”...

High-end brands to open at Studio City’s Boulevard

Studio City and Taubman Asia unveiled a lineup of fashion brands that will open doors at Macau’s latest retail space, The Boulevard at Studio...

Macau changing its game

Macau Chief Executive Fernando Chui Sai On sent a clear message to the casino industry in the first policy address of his second term in office this week - the government is no longer just paying lip service to diversifying the economy away from gambling. The territory, which in just over a decade has grown its industry to be more than seven times the size of Las Vegas, is currently dependent on gambling for 85 percent of its income. However, after nine straight months of declining revenue that triggered a 17 percent contraction in Q4 gross domestic product, Chui said the industry is going through a phase of “adjustment.”The territory, which in just over a decade has grown its industry to be more than seven times the size of Las Vegas, is currently dependent on gambling for about 85 percent of its income. However, after nine straight months of declining revenue that triggered a 17 percent contraction in Q4 gross domestic product, Chui said the industry is going through a phase of “adjustment.”The government has cut its projected revenue from gambling receipts this year to average 20 billion patacas ($2.5 billion) a month from 27.5 billion patacas, while analysts are forecasting a second year of contraction, possibly by as much as 30 percent, according to Deutsche Bank.In his address, Chui said the government will strengthen its oversight of the casino industry as licenses come up for renewal and may require the companies to regularly submit their investment and development plans for review, in particular with regard to non-gaming activities. A tourism panel, under Chui’s supervision, will draft a five-year plan for stable casino growth that will make the region less reliant on casino revenue. Macau, Chui said, will become a center of tourism and leisure travel.
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. 

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...

ASEAN Gaming Summit postponed to 2021 Q2

Given the continued uncertainty and travel restrictions due to the COVID-19 pandemic, Asia Gaming Brief has decided to postpone this year’s ASEAN Gaming Summit...

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.
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...
Sigma Malta Show

SIGMA Malta

Sigma Malta Show

SIGMA Manila

Regulating the Game 2021

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.