Tuesday, June 22, 2021
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economic diversification

Macau, tourism, stimulus package

Gaming focus, China policies constrain Macau credit rating

Macau's narrow economic base and its high concentration of tourists from China restrain the city's credit rating and have contributed to historically high levels of gross domestic product volatility, Fitch Ratings says.
Ho Iat Seng

Finance already Macau’s third-largest industry: CE

Chief Executive Ho Iat Seng says the finance industry is already the third-biggest in Macau with the total value of financial assets last year surging to more than MOP2 trillion from MOP140 billion in 1999. More than 90 percent came from banking. 
Greater bay Area to benefit, but not necessarily diversify Macau

Greater Bay Area to benefit, but not necessarily diversify Macau

China’s enormous Greater Bay Area (GBA) initiative sets out an ambitious role for Macau, though views are mixed on exactly how much it will help the Special Administrative Region diversify its gaming-centric economy.

Macau 2020 and beyond

The 1999 handover and casino liberalization policy put in place a new phase of development for Macau. All six casino licenses are soon set to expire and once the retendering process has been enacted, Macau will enter a crucial next phase. 
Renminbi

Plans submitted for Macau “Nasdaq”

A senior Chinese official says a proposal for a yuan-denominated “Nasdaq” in Macau has been submitted to Beijing, local media reports.

Macau gaming tax revenue gains 2.3 percent to July

Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.
Macau general view

China sells first tranche of bond in Macau

China has sold the first tranche of a two billion yuan ($291 million) bond in Macau, Reuters reports, citing the Ministry of Finance.
Macau general view

Macau eyes yuan-based stock exchange

Macau’s Monetary Authority is considering setting up a yuan-based stock market as part of the territory’s push to diversify its economy away from gaming, Reuters reports.

Macau to co-operate with Fujian to boost economic ties

Macau’s Secretary for Economy and Finance, Leong Vai Tac, said following his visit to Fujian that Macau will seek to co-operate with the Chinese...
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.