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GKL operating losses to continue through end of year: Analyst
Kim Hyun-yong, a researcher at Hyundai Motor Securities, explained to the local media that there was little chance for Grand Korea Leisure, which depends on foreign patrons for its casinos, could reach the break-even point this year, and that operating losses will continue.
Kangwon Land estimates 67 percent fall in 2020 casino revenues
Kangwon Land, which has suffered long periods of closure under the impact of the Covid-19 impact, is now estimating that its casino revenues for...
AGB launches Australia Covid-19 research study
Asia Gaming Brief is carrying out a research study of the Australian clubs and pubs to gain a better understanding of the impact of the Covid-19 pandemic and how the industry is responding to the crisis.
May GGR expected to be down 90 – 95%: Bernstein
Analysts at Bernstein Research expect Macau to report a 90-95 percent year-on-year fall in GGR in the month of May, as the gambling enclave...
March GGR to fall 80 percent: Bernstein
Macau gaming continues to suffer from the ongoing coronavirus crisis, with March GGR expected to now fall 75 to 80 percent year-on-year, according to...
Aristocrat expects expansion in land-based and digital business
Slot machine manufacturer Aristocrat Leisure said it expects to see continued expansion across its land-based gaming operations and digital business in the 2020 fiscal...
SGR downgraded on soft consumer outlook: JP Morgan
A soft domestic outlook and potentially weak consumer sentiment over the next few months will subdue Star Entertainment Group’s earnings in their Sydney and...
Macau GGR set for 8% growth in 2020, driven by VIP rebound
Macau gross gaming revenue could grow as much as 8 percent year-on-year in 2020, driven by VIP recovery in 20H2, and continued strength in...
Visa constraints a key driver for Jan GGR
The loosening of visa constraints in Macau will be a key driver to January GGR results, according to analysts from Bernstein in a note...
Macau expects MOP 91 billion in gaming taxes in 2020
The Macau government expects to receive MOP91 billion (US$11.3 million) in Special Gaming Taxes, making up for around 74.5 percent of total tax revenue...
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 – 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.