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Kingston Financial Group issues profit warning

The Kingston Financial Group, which operates a couple of smaller casinos in Macau, has issued a profit warning, noting that it anticipates a significant decrease of profits of approximately 65 percent for the April-September period.

Okura Holdings expects profit to fall

Okura Holdings said it expects to record a decrease in profit of 83 percent for the eleven months ended 31 May 2020, mainly attributed...

Landing expects net loss for six months to June 30

Landing International has informed its shareholders that it expects to record a net loss for the six months ended June 30, due in part...

July GGR falls 3.5% on weaker VIP

Macau gross gaming revenue posted a surprise 3.5 percent  drop year-on-year in July on the back of reduced VIP spend in the second half...

Kerala lottery turnover to fall short, Meghalaya restarts

Total profit of Kerala’s lottery department is expected to decrease 6 to 8 percent this fiscal year, due to the implementation of new GST...

Kangwon Land saw gaming revenue fall in 17Q3

Kangwon Land, the operator of South Korea’s only locals-permitted casino saw a 10.2 percent decrease in gross gaming revenue for the three months ended...

Typhoon Hato caused arrivals to fall in August

Macau saw a decrease in visitor arrivals last month, falling 0.6 percent year-on-year, according to data from the Statistics and Census Service (DSEC). Total visitor...

Paradise Co. casino revenue slides in 17Q1

Casino operator Paradise Co. Ltd. saw casino revenues slide 9.5 percent year-on-year in the first quarter of 2017. According to the operator’s filing to the...

141 registered in problem gambling register

A total of 141 people registered themselves as problem gamblers in the Central Registry System of Individuals with Gambling Disorders, local media reports. The number...

Gaming taxes dip 5.9 percent in 2016

Income derived from gaming taxes decreased 5.9 percent year-on-year to MOP 79.5 billion (US$9.9 billion) in 2016, according to data from the Financial Services...

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. The company is now accelerating its slots expansion campaign in Asia
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.
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.
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.
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.