Search Results
BetMGM announces new pledge to promote responsible gaming in advertising
BetMGM, a leading sports betting and iGaming operator, announced today a new pledge to prominently feature responsible gaming messages in its marketing and advertising campaigns beginning March 1, in alignment with the start of Problem Gambling Awareness Month.
India advertising guidelines welcome for gaming industry development
The Indian government’s recent advisory to print, electronic and digital media not to accept ads from online gambling platforms is a welcome move that won’t affect legal skill-based gaming, writes i-gaming consultant Jaydeep Chakravartty.
Daily Asia Gaming eBrief: Macau CE candidate: gaming sector is “unbalanced”
Macau's likely next Chief Executive has already made his opinions clear in regards to the gaming sector. In a speech announcing his candidacy, the former judge Sam Hou Fai highlighted that China's central government has already mandated that Macau diversify away from gaming, while claiming that over the years the sector has become "unbalanced". Meanwhile, analysts indicate that Sands China is shining, grabbing a 24.5 percent gross gaming revenue share in the second quarter, strongly ahead of its competitors.
Daily Asia Gaming eBrief: Galaxy books $2.57B in 1H24 GGR, profits up 52%
Galaxy Entertainment Group had much to be happy about when announcing its first half year results. The operator saw a 52 percent uptick in profit, on the back of a gross gaming revenue tally that reached $2.57 billion. The group is now focused on ramping up its newest offerings and preparing its Phase 4 - set to be more family-focused, but including gaming. Meanwhile, Thailand continues to see a push and pull regarding its proposed IR bill, as the removal of the casino-friendly Prime Minister raises succession questions.
Daily Asia Gaming eBrief: Australian government urged to ban gambling ads
Shutting down the leak. A group of over 60 prominent Australians, including former prime ministers, politicians, athletes, and community leaders, is calling on the Australian government to implement a complete ban on gambling advertisements within the next three years. This push comes amid growing concerns over the country's per capita gambling losses, estimated at AUD25 billion ($16 billion) annually, one of the highest rates in the world. Meanwhile, gross gaming revenue in the Philippines experienced a notable 32.3 percent year-over-year increase in the second quarter of 2024, reaching PHP89.23B ($1.56B).
Daily Asia Gaming eBrief: Blockchain driving success and innovation in iGaming
Blockchain, the keyword that took the industry by storm, has faded slightly from the public view but continues strongly behind the scenes, being an underlying framework facilitating speed, access and user experience for iGaming. Meanwhile, in reporting news, Wynn Macau saw strong performance from mass play at both its peninsula and Cotai properties in 2Q24, with revenue hitting $885 million.
Australian TV networks to demand fee relief amid $20M wagering advertising hole
In a move to offset the significant financial impact of upcoming gambling advertising reforms, Australia's two largest television networks are set to demand that their spectrum fees be slashed.
Goa to crackdown on unauthorized Sri Lankan casino ads promoting online gaming
Goa's government has vowed to take action against unauthorized advertisements for Sri Lankan casinos promoting online gaming in the coastal state.
‘Light-touch’ regulation needed to elevate India as a global online gaming hub: Association
A conducive 'light-touch' regulatory environment and robust support mechanisms should be put in place in order to allow India to emerge as a 'global gaming innovation hub', the All India Gaming Federation (AIGF) proposed.
Daily Asia Gaming eBrief: India with strong gaming potential, facing hurdles: Consultant
India's gaming industry, particularly in Goa, is facing parallels with Macau's early days, with rampant possibilities, albeit tempered by regulatory challenges and a steep tax framework, notes a top consultant.