Sunday, January 17, 2021
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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 conghua

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.
China blocks tripadvisor

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 vaccine

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

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

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.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

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 20

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.
news, macau, gambling

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 20

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.