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Regulatory red tape damps bookies’ World Cup prospects

Russian bookmakers are hoping for a bonanza from the FIFA World Cup, which will be held in the country less than two months from now, but many fear regulatory hurdles and slow-moving legislation will mean that legal operators will lose out. A complex identification process is likely to deter punters, especially the foreign visitors who are likely to flood into the country for the tournament. 

Ladbrokes and GVC renew talks on $5.2 billion merger

GVC is in detailed talks for a GBP3.9 billion ($5.23 billion) acquisition of Ladbrokes Coral, the two companies said in an announcement to the...

Bookies embrace online as murky legislative waters clear

Russia’s bookmakers see their future as being online, with some major players closing down traditional betting shops to focus on the interactive sector. This year’s Russia Gaming Week reflected that trend with some bookies saying they had eschewed booths at the show to channel funds instead to the development of online services.

Bookies seek regulatory easing to reap World Cup rewards

Russia’s bookmakers are looking forward to a bonanza from the 2018 FIFA World Cup, but would like to see regulations eased, in particular with regard to online bets from foreign visitors, to enable them to take full advantage. Sports betting has seen a surge in volumes during recent soccer tournaments and record numbers are expected this time around for the event, which will be held in Russia.

Lack of cooperation hinders efforts to halt match fixing

Regulators, operators and sports bodies need to improve international cooperation if they are effectively to tackle match fixing, which experts say is increasingly centred...

Punters fight “un-Australian” betting practices

Australia’s betting culture, which changed with the entry of foreign bookmakers, is gradually returning as punters fight back against practices such as cutting big bets and closing winning accounts. But lobby groups say more needs to be done. While the two biggest states have led the way with legislative changes, members of online forum Fair Wagering Australia are still leading the charge to enact change across all of Australia.

JRA opens door to overseas racing

A hold of more than US$40 million on a single horse race might seem substantial in most racing jurisdictions — the stuff of dreams, in fact —but for Japan it is a drop in the ocean, and now overseas races are finally getting a taste of the action. It can take a while for the bureaucratic wheels to start turning within the Japan Racing Association (JRA), but the nation's ravenous horse racing bettors have been unleashed on a selected number of overseas events. That hold figure is for the amount bet on the first of the JRA’s simulcast races held in October when some of their punters were set loose on the Prix d l'Arc de Triomphe in France.

Betway loses big on Leicester win

Betway says Leicester’s win of the U.K. Premier League, coming from a rank outsider position of 2,500/1, is likely to trigger the firm’s biggest...

Russia’s online industry entangled in regulatory web

Russian bookmakers continue to struggle with a tangled web of regulations aimed at controlling the online market, with a new centralized online payments hub coming under fire for being overly complicated.

Tabcorp looks to new technology for cutting-edge betting options

Horse racing officials, looking to revitalize the pari-mutuel betting model, are turning to the financial world for technology to enable the development of new and complex bets.Pari-mutuel wagering has long formed the financial backbone of horse racing but as the sport comes under serious threat from sports betting and has its revenue drained by illegal bookmaking activities, the popularity of "totalizator" has waned. And complex technology originally applied to solve liquidity problems in derivative markets may now be the thing that comes to the rescue. 
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.