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Yokohama mayor argues IR needed to secure tax revenue
Yokohama Mayor Fumiko Hayashi continues her appeal to local residents to support IR development, arguing that it is a “powerful means” to secure needed tax revenues for social costs and more.
Macau government current revenue drops 65% through to November
Current revenues collected by the Macau government, excluding capital revenues, dropped by 65.3 percent to MOP42.1 billion from Jan. to November, as gaming taxes collected by the local authorities plunged.
Macau gaming tax revenue at 45.6% of budget through August
The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.
Macau estimates $11.2 billion in gaming taxes for 2020
The Macau government’s budget proposals put forward the estimate that it will collect MOP91 billion (about US$11.2 billion) in gaming taxes in 2020, suggesting no growth in the coming year.
Online ban to hit casino tax revenue
Cambodia’s ban on online gambling is expected to hit government tax revenue next year, the Khmer Times reported, citing minutes from a meeting with Finance Minister Aun Pornmoniroth.
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.
Greater China investors eye Myanmar
Casino investors from Hong Kong, Taiwan and Macau have made enquiries about operating in Myanmar after the government passed new regulations in May.
Gaming tax revenue up 16.2 pct in January
Gaming tax revenue collected by the Macau SAR government increased by 16.2 percent in January, reaching MOP10.2 billion, local media reports.
The increase comes...
Van Don IR completion slated for 2022: reports
A $2 billion integrated resort planned for Quang Ninh province on Vietnam’s northern coast is expected to begin its first phase of construction in the first quarter of 2019 and be fully completed by 2022, according to local news reports.
Gambling nets Seoul $54.5b over 15 years
The South Korean government has earned 62.5 trillion won (US$54.56 billion) from the gambling industry over the past 15 years, about half of it...
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
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.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
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.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
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 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.