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Macau drops certificate requirement for casino entry
It’s a small step, but another in the direction towards normalizing life in Macau, with authorities announcing there is no longer need for a certificate showing a negative nucleic acid test to enter the casinos
SG gaming biz showing signs of turnaround: Union Gaming
Scientific Games is seeing early signs of success in gaming turn around and is likely to build on its recent performance to boost market share, sales volumes and higher win per day, Union Gaming said in a note.
IGT sees higher Q1 revenue and operating income
IGT said it expects its revenue and operating income from continuing operations to be higher in Q1, both year-on-year and sequentially. Global lottery is likely to be up "significantly," while global gaming will be in line with Q4 as Covid restrictions continue
Negative Covid test no longer needed to enter Macau casinos
Casino patrons will not be forced to show a negative nucleic acid test to enter casinos in Macau, a requirement that has been in place since July last year.
Macau March GGR seen down mid-60%, HK reopening in Q2: Bernstein
Macau Gross gambling revenue (GGR) in March is expected to be down in the low to mid-sixties percent from the same month last year, though visitation is expected to improve in Spring and travel with Hong Kong may resume from Q2, Bernstein Research said in a note.
Sihanoukville urges against travel as Covid cases rise
Authorities in Sihanoukville have warned visitors not to come to the city and urged its residents to stay in place to curb the spread of a new outbreak of Covid-19.
Moody’s revises Crown’s rating outlook to negative
Moody’s Investors Service has confirmed Crown Resorts' current issuer credit rating of Baa3, but has revised the rating outlook from review for downgrade to negative.
Galaxy signs accord to bring Raffles brand to Macau
Galaxy Entertainment Group has signed an accord with Accor to bring storied hotel brand, Raffles, to Macau with the opening of an exclusive all-suite tower, Raffles at Galaxy Macau in the second half of 2021.
Macau February GGR down from prior month
Macau's gross gambling revenue was down 39.2 percent in February from the prior year period at MOP7.31 billion ($914 million) and was also lower than the MOP8.02 billion recorded in January.
Converged experiences: U.S. operators blend land-based with digital
In a report last year, ratings agency Moody’s predicted a surge in merger and acquisitions between online and land-based gambling operators as the latter seek to cement new revenue streams after the chaos wreaked by Covid-19.
All set for the FBM slots expansion campaign in Asia
FBM has been developing its slots offer over the last three years, with operations established in Europe and North America.
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.
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 – 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.
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.