The number of Covid cases in Macau has risen to 357 and the gaming regulator has urged casinos to restrict the movement of people and to increase their epidemic control measures.

News

Aristocrat top pick at J.P. Morgan, with 20% revenue growth eyed

AGBrief Editorial - June 27, 2022

Aristocrat Leisure is the top pick in Australian gaming for analysts at J.P. Morgan, who expect the company to post an almost 20 percent gain in revenue this year.

News

Star accused of breaking unlawful gambling act through Suncity relationship

Sharon Singleton - June 27, 2022

Star Entertainment was accused Monday of potentially having broken New South Wales’ Unlawful Gambing Act by allowing Suncity Holdings to operate a casino within a casino.

News

SJM Holdings ratings outlook cut to negative by Moody’s

Sharon Singleton - June 27, 2022

SJM Holdings’ credit rating has been confirmed at its current level after the operator managed to refinance its loans, but the outlook was cut to negative by Moody’s.

Philippines

ASEAN returns, in-person – First gaming conference in Asia

AGBrief Editorial - June 27, 2022

Major industry changes and updates don’t happen behind a screen but in person. That’s why it’s great to be back and discuss key regional challenges and opportunities face to face at the Shangri-La at the Fort July 25-27.

Macau

Macau to begin third round of testing as cases rise to 261

AGBrief Editorial - June 26, 2022

Macau will kick off a third round of mass testing of its population on Monday as the number of confirmed Covid cases rises to 261.

Australia

Blackstone to rebuild Crown into an “iconic” destination

Sharon Singleton - June 24, 2022

U.S. investment group, Blackstone, has completed its A$8.9 billion ($6.1 billion) acquisition of Crown Resorts, saying it aims to rebuild the Australian operator into an “iconic destination for travel.”

Malaysia

Malaysia still mulling online gambling regulation to stop tax bleed

Sharon Singleton - June 24, 2022

Malaysia is still considering regulating online gambling and estimates that it’s losing about MYR2 billion ($454 million) a year in lost tax revenue.

Australia

Ainsworth CEO Harald Neumann granted 2.8m performance rights

AGBrief Editorial - June 24, 2022

Ainsworth Game Technology said its CEO Harald Neumann has been granted 2.8 million performance rights as a long-term incentive.

Cambodia

Pronet Gaming accelerates expansion plans into Asia

AGBrief Editorial - June 24, 2022

Pronet Gaming is to turn its attention to emerging markets in Asia following the unprecedented success that has allowed it to expedite its ambitious plans ahead of schedule.

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Intelligence

Covid spurs digital lottery growth, further expansion seen likely

16 hours ago

Rising internet penetration has been driving a move in the traditional lottery business to online lotteries in jurisdictions where it is permitted and Covid has given this trend a further push, with research suggesting customers will stick with their digital adoption.

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