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Macau April GGR drops 8.3 percent, in line with forecasts
Gross gambling revenue in Macau dropped 8.3 percent in April as China’s slowing economy continued to weigh on the VIP segment, though the result was in line with analysts’ forecasts.
Macau Q1 earnings likely to surprise to the downside: MS
The earnings of Macau’s six operators may produce some negative surprises amidst higher staff costs, higher reinvestment rates and slowing revenue growth, Morgan Stanley forecasts.
Korean firms eye Primorye zone
Three firms from South Korea are eyeing projects in the Primorye gambling zone in Russia’s far east, with Summit Ascent, the region’s only existing...
Summit Ascent VIP has potential to nearly double by 2020: Union Gaming
Summit Ascent Holdings, which operates the Tigre de Cristal property in the Primorye gaming zone in Russia, has the potential to almost double its...
Macau GGR gains 14 percent in 2018, Dec. beats forecasts
Gross gambling revenue in Macau rose 14 percent in 2018, with December topping consensus forecasts with a gain of 16.6 percent.
Macau Dec. GGR seen up 8-10 percent: Bernstein
Macau’s gross gambling revenue is expected to gain between 8 and 10 percent in December over the same month a year ago, according to Bernstein Research.
Smoking rules to trim 2019 GGR, but China a bigger concern
Many of Macau’s casinos are in a race against time to ensure their newly-equipped VIP smoking lounges have been approved by the authorities.
Macau operator stocks may see short-term rally: MS
Shares in Macau’s casino operators may rally in the short term following better-than-expected November gross gambling revenue, an easing in trade tensions between the U.S. and China and increased visitation after the opening of a bridge between Hong Kong, Macau and the mainland, Morgan Stanley forecasts.
Macau Nov. GGR gains 8.5 percent, topping expectations
Gross gambling revenue for November rose 8.5 percent, beating analysts’ expectations with signs of a rebound in the VIP sector.
Macau April GGR seen up 17 – 21 percent: Bernstein
Gross gaming revenue for April is expected to gain between 17 percent to 21 percent to a range of MOP23.5 billion ($2.9 billion) to...
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.