Mainland China
500 com buys bitcoin mining machines
500 com has announced that it has entered into a purchase agreement for approximately US$14.4 million worth of its Class A ordinary shares in order to acquire bitcoin mining machines from an unnamed seller.
500.com says CTO resigns, no plans to appoint successor
China lottery company 500.com said Zhaofu Tian has resigned as Chief Technology Officer due to personal reasons, effective December 31. The company has no plan to appoint a successor at this point.
China passes law criminalizing targeting Chinese nationals to gamble
The Standing Committee of China's National People's Congress wound up its session in Beijing on Saturday, passing Amendment XI to its criminal law, which brings into effect stiff penalties for gambling.
500 Com appoints new top executives and enters share subscription agreement
500 Com’s board of directors has proposed to explore business opportunities in the blockchain and cryptocurrency industries based on some success experience of its associate, Loto Interactive Limited.
China’s racing industry faces high hurdles
In late September, the Chinese Ministry of Agriculture and Rural Affairs, together with the General Administration of Sports (GAD) revealed a five-year blueprint that would aim to expand and promote the country’s already mammoth horse-racing industry.
Landing International chairman under Chinese regulators’ investigation
Yang Zhihui, chairman of Hong Kong-listed casino operator Landing International Development, is under investigation from the China Securities Regulatory Commission, according to a company filing. The investigation does not relate to Landing, but rather another company in which Yang is involved.
Gambling and travel in crosshairs as China “cleans up” its internet
The Cyberspace Administration of China has removed 105 mobile apps that it considers to be illegal, including a surprise crackdown on US travel giant Tripadvisor.
China to restart cruise industry without international participants
China plans to permit cruise ships to set sail from December, but only between Chinese ports and with no international cruise operators allowed to resume operations.
Covid-19 vaccines: What it really means [Infographic]
This week's "By The Numb3rs" by Asia Gaming Brief comes just after the announcement of Pfizer and Moderna's covid-19 vaccine, which is now nearing the end of its stage 3 clinical trials - complete with promising results.
Sichuan police bust Cambodia-based online gambling operation
Police in southwest China's Sichuan Province have busted a cross-border online gambling ring involving RMB1 billion (US$152 million), which featured a Cambodia-based operation recruiting gamblers in mainland China.
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.