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LV Strip GGR dips 1% from 2019, but up 8.3% in Q2
Gross gambling revenue on the Las Vegas Strip dipped 1 percent in June, but beat Deutsche Bank expectations for a 3.5 percent fall, bringing the result for the quarter to an 8.3 percent gain on 2019.
Cambodia imposes nationwide curfew
The Cambodian government has imposed a nationwide curfew from 9 pm to 3 am as it attempts to rein in the spread of Covid 19.
PAGCOR H1 gaming income down 20%, posts profit
The Philippines Amusement and Gaming Corp (PAGCOR) has announced a near 20 percent drop in income from gaming operations in H1 as the Covid pandemic forced the closure of properties.
Star says Sydney closure extended, Queensland eases
Australia's Star Entertainment said its casino in Sydney will remain closed until August 28th due the government's lockdown restrictions for the city and surrounding area, but operating restrictions have eased in Queensland.
Macau seen coming back stronger from Covid: MS
Morgan Stanley has added its take to analysts predicting a rosy future for Macau, saying the gambling hub will come back stronger than before due to lower expenses and a better operating mix.
POGO tax bill held up by lobbying from SEZs
A bill that would establish the taxation base for Philippine Offshore Gaming Operators (POGOs) is being held up in Congress due to lobbying from the country's Special Economic Zones, who are seeking to retain preferential tax treatment.
SJM’s Grand Lisboa Palace to open July 30 with 150 new tables
SJM Chairman Daisy Ho revealed on Wednesday that the Grand Lisboa Palace, the group’s flagship property on the Cotai Strip, is going to hold a partial opening on July 30th.
AGTech sees loss narrowing by 55% in latest half to June
Chinese lottery services provider, AGTech Holdings, said it expects its loss to narrow by at least 55 percent in the half year to June 30th as businesses rebound from Covid.
Aquis says June quarter revenue strong, restrictions eased
Australia's Aquis Entertainment said revenues in the three months to end June remained strong and the company was cash-flow positive in the quarter.
Saipan online market seen as unviable
Saipan’s casino regulator says it wants to hear from potential online gaming investors as it seeks to recoup lost revenue from its failed casino venture, however, industry insiders say they don’t see the island as a viable market.
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.