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China luxury strength, limited travel options, bode well for Macau

Surprising strength in Chinese luxury spending, an ongoing clampdown on online gambling and limited travel options all bode well for Macau and shares in its operators, Morgan Stanley said.

China says not the right time for travel bubbles, urges against overseas trips

A senior Chinese health official said now is not the right time to create travel bubble similar to the one suggested by Hong Kong and Singapore and has urged Chinese to limit travel overseas to prevent importing cases.

Macau breakeven likely achievable by mid-Autumn: Bernstein

Macau’s six operators are likely to be able to break even on the EBITDA level by mid-Autumn as China renews individual visit scheme visas, according to Bernstein Research.

Genting Singapore seeks cost cuts, pessimistic on outlook

Genting Singapore is seeking to cut costs by about 20 percent to 30 percent after suffering its worst quarterly loss since it opened Resorts World Sentosa.

Border easing a positive step, but limited impact on GGR

The latest border easings between China and Macau are a positive step but will have limited impact on gross gambling revenue, analysts said.
Macau border (file)

Visitation improving but lack of IVS limits gains: Bernstein

Macau has seen improved visitation since the easing of travel restrictions with Mainland China, though progress is slow and a V-shaped recovery is not expected, Bernstein Research said in a note.

HK, Macau, Guangdong mull easing border restrictions

Hong Kong, Macau and Guangdong authorities are in discussions aimed at easing border requirements that would allow residents to be exempted from a 14-day quarantine period when travelling across borders.
Secretary for Economy and Finance, Lei Wai Nong

Macau operators not conducting mass layoffs, casinos to remain open

Macau’s Secretary for Economy and Finance, Lei Wai Nong, has said so far gaming operators are not laying off staff and the government hoped to ask for the lifting of the individual visit scheme once the Covid-19 situation stabilizes.

Macau tightens entry controls, warns casinos to be responsible

Macau has further tightened its border controls, imposing a ban on entry for citizens of Hong Kong, Taiwan and Mainland China if they have travelled to a foreign country in the past 14 days.

Macau Feb. arrivals drop almost 96%

Macau visitor arrivals tumbled almost 96 percent in February due to travel restrictions imposed because of the coronavirus, however, the average length of stay improved. 
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.