Tuesday, June 22, 2021
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Gaming topping other recreational sectors in consumer spend: Deutsche

The gaming sector has materially outperformed other recreational industries in the U.S. since Q3 of last year and that trend has accelerated into 2021, analysts from Deutsche Bank note.

Reef Casino income above 2019 levels in first four months

Reef Casino Trust said rental income from its property of the same name in Queensland was higher than in 2019 and it also expects May to be a strong month.
Resorts world sentosa

Maybank cuts Genting Singapore earnings forecasts after weak Q1

Maybank has cut its earnings forecasts for Genting Singapore by 59 percent this year due to the slower-than-expected recovery and ongoing closures in key markets.

Genting Singapore Q1 casino revenue ticks higher, other metrics deteriorate

Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving recovery has largely stalled.
Melco, Morpheus hotel

Melco sees mass business at 2019 levels by Q4

Melco Resorts & Entertainment executives say they remain upbeat about the recovery in Macau and say the mass business is likely to hit 2019 level by the end of the year.
Studio City

Melco revenue to take to 2023 to fully recover: Moody’s

Melco Resorts & Entertainment is unlikely to return to its pre-pandemic revenue levels before 2023, but when it does its margins are likely to be better due to a higher proportion of mass-market players, according to Moody’s Investors Service. 
Venetian Macau

Macau to lead Asia recovery, Singapore needs travel boost

Macau will lead the recovery in Asia this year, while Singapore needs international flights to resume to gain further impetus, executives from Las Vegas Sands told investors on the company’s earnings call.

Full recovery in Macau could be delayed to 2023: Union Gaming

A full recovery in Macau could be delayed until 2023 as the slow rollout of vaccines prevents a significant easing of travel restrictions, Union Gaming writes.
Macau

Mass market dominance grows in Macau Q1

Macau’s Q1 gross gambling revenue breakdown clearly shows the mass market pulling ahead of the VIP sector, which is struggling to recover from the double-whammy of Covid and policy pressures in China.

SkyCity earnings recovering faster than expected: S&P

SkyCity Entertainment's earnings are recovering faster-than-expected from the Covid crisis, said Standard & Poors in a note raising its credit outlook to stable from negative.
AGE at ICC Sydney, 2021

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.

Regulating the Game 2021

Esports BAR Cannes

AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
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.