Tuesday, December 1, 2020
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APE nine-month revenue drops 26.8%

Asia Pioneer Entertainment said its revenue in the nine months to end September fell 26.8 percent to HK$39.1 million and it posted a loss for the period of $23.5 million compared with a loss of $2.7 million a year earlier.

Ainsworth sees progress in online gaming

Ainsworth Game Technology is the latest supplier to point to progress in its online offerings, as Covid-19 hits the land-based side of the business.

Melco committed to building world’s best IR in Japan

Melco Resorts & Entertainment CEO Lawrence Ho said his company is still committed to building a world-beating IR in Japan and is in a strong financial position, despite swinging to a loss in Q2 due to Covid-19.

Success Universe to swing to loss as gaming revenue evaporates

Success Universe warns that it will swing to a loss in the first half due to its share of “substantial” losses from the Ponte 16 casino in Macau.

Belle Corp H1 revenue plunges as gaming evaporates

Belle Corp posted a 52 percent drop in first half revenue as its share of gaming revenue from City of Dreams Manila plunged 87 percent.

Belle Q1 gaming revenue from COD Manila drops 39 percent

Belle Corp said its share of gaming revenue from the City of Dreams Manila dropped 39 percent in Q1 due to Covid-19 disruptions.

Genting Malaysia to “rightsize” workforce after Q1 loss

Genting Malaysia will reportedly cut jobs and reduce wages after reporting a loss for Q1 due to the Covid-19 pandemic.

Low bankruptcy risk seen for key cruise lines: Nomura

Royal Caribbean, Carnival Corp. and Norwegian Cruise Line Holdings all have a low risk of bankruptcy despite the crisis prompted by the Covid-19 pandemic, analysts at Nomura wrote in a note.
Wynn Casino

Wynn Macau sees 44% drop in Q1 revenue as cash burn continues

Wynn Macau said it expects a drop of as much as 44 percent in Q1 operating revenue due to the impact of the Covid-19 pandemic and expects to continue experiencing cash burn.

IPI 2019 revenue drops as VIP roll collapses

Imperial Pacific International reported a more than 77 percent drop in 2019 revenue and a wider loss as its VIP business dried up.

Getting through to the other side

We enter a week, and the final month of the year, with a global economy tipping wildly between extremes of optimism and pessimism.
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.

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.