Tuesday, May 18, 2021
Home Asia

Asia

Aristocrat forecasts raised at J.P. Morgan after H1 strength

Aristocrat Entertainment says it has seen exceptional product performance and stronger-than-expected consumer sentiment in the U.S. and Australasian markets, triggering analysts at J.P. Morgan to upgrade their estimates for the group.

Macau post-Golden Week GGR drops more than expected: Bernstein

Macau gross gambling revenue dropped 53 percent from May 9 to 16, compared with the first eight days of May, slowing more than expected after the Golden Week holiday, Bernstein Research said.

Aristocrat half-year normalised EBITDA rises 6%

Aristocrat said it had seen "exceptional product performance and customer engagement, coupled with stronger-than-expected consumer sentiment in North America and Australia, New Zealand" in the six months to end March.
Regions seen as outperformers

PH Resorts pushes back Emerald Bay opening to 3Q, 2022

PH Resorts said it now expects to open its Emerald Bay resort on Cebu in the Philippines in the third quarter of 2022. It had earlier said it was pushing hard for a soft opening late this year.

Victoria probe told Crown official lied about China arrests

A Royal Commission investigating Crown Resorts in the Australian state of Victoria was told by a compliance officer from the regulatory authority that the company lied to him about the arrests of its employees in China in 2016.
Macau tourists

Moody’s reaffirms Macau credit rating, warns about growth volatility

Moody's Investors Service said it is confirming Macau's Aa3 rating, with a stable outlook, but warned about the high concentration of its economy on gaming and tourism.
MGM China

MGM completes $750m note issue in Macau/HK dual listing

MGM China Holdings said it has successfully listed its US$750 million 4.75 percent Senior Notes due 2027 on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co. 

Covid resurgence threatens travel bubbles, sets back border openings

For anyone looking for a swift return to international travel in Asia, the news is far from encouraging.
Singapore, Marina Bay Sands

Decision on HK/Singapore travel bubble seen early next week

A decision as to whether to delay a planned travel bubble between Hong Kong and Singapore for a second time is likely to be taken early next week, Transport Minister Ong Ye Kung said.
Casino canberra

Aquis to resume talks with government this year on Canberra project

Australia's Aquis Entertainment said it aims to renew stalled talks with the capital government this year on the redevelopment of its casino into an integrated resorts precinct.
AGE at ICC Sydney

Australasian Gaming Expo (AGE) 2021

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
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.
Asia Gaming Briefings, april 2021

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.
Agbriefings February 21

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 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.