Mainland China
APAC to get 820 more hotels in 2021, more in pipeline
Despite Covid-mandated travel restrictions, the number of new hotels will continue to expand in 2021 with 820 hotel projects and 190,332 rooms due to go live in the Asia Pacific region.
China LotSynergy seeks as much as HK$220.7m through share sale
China Ecotourism Group, formerly known as China LotSynergy is seeking to raise as much as HK$220.7 million through an offer of shares to existing investors to raise capital for the group, whose lottery business has been hit hard by the Covid crisis.
China’s cross border gambling fight steps up a notch
Any hopes that China’s anti-cross border gambling campaign may fade into the background have been dashed by Beijing’s latest pronouncements vowing a crackdown will be a key priority this year.
China keeps up cross border gambling campaign
China's efforts to stamp out cross border gambling are showing no signs of abating, with the Chinese Minister of Public Security, Zhao Kezhi, saying that the strictest measures are needed to eradicate the practice.
More than 3,400 online gaming ops taken down since 2020
Chinese police have broken up more than 3,400 gambling platforms, and over 2,800 illegal payment platforms and underground banks since the crackdown on cross border gambling began in 2020, said the Ministry of Public Security on Thursday.
IMF raises economic forecast for China
The International Monetary Fund (IMF) has raised its economic growth forecast for Mainland China in 2021 to 8.4 percent, up from 8.1 percent in January.
Dota 2 most lucrative esports title in China
Dota 2, a multiplayer online battle arena (MOBA) has been identified as the most lucrative game in China, with nearly $70 million in prize money won as of March 2021.
500 .com completes acquisition of Loto Interactive
500.com, which has been transforming from a Chinese online lottery company into a cryptocurrency mining enterprise, says it has completed the acquisition of a stake in Loto Interactive for HK$105 million ($13.5 million).
Sportradar signs media partnership to China’s CBA League
Sportradar has signed a multi-year global partnership with China's CBA League, which begins from the current 2020/21 season.
AGTech 2020 revenue down 7.7% but loss narrows
AGTech Holdings said its operating loss narrowed by 32.7 percent in 2020, even though revenue dropped by about 7.7 percent to HK$161.6 million.
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.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
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.