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Regulator dubious about IPI security deposit claims
Commonwealth Casino Commission Chair Edward Deleon Guerrero is skeptical about Imperial Pacific International’s claim that an investor that has put up US$5.59 million as a security deposit on behalf of the firm at a time when the mother company in Hong Kong is unwilling to do likewise.
Grand World Phu Quoc offers preview to 700 potential investors
About 700 potential investors were invited to Grand World Phu Quoc to get a preview of its entertainment offerings in advance of the facility’s grand opening, expected to create Vietnam’s “first sleepless city.”
Paradise Co. facing investor disinterest in bond issue
Paradise Co. is reportedly having great difficulty finding institutional investors interested in purchasing its bonds, as concerns are growing about the firm’s prospects in the wake of a Covid-19 downturn that may starve its foreigner-only casinos for quite some time.
New casino investor in Altai gambling zone
A new investor in Russia’s Altai Territory intends to go ahead with plans to construct a RUB3.5 billion casino, to open by 2024, according...
Kaliningrad parcels out land for casino investors
Authorities in Russia’s westernmost enclave, Kaliningrad are parceling out land in the Yantarnaya gambling zone to allow for more investment, according to a state...
Genting rejects Empire investor’s allegations
Genting Malaysia says a lawsuit filed by an investor against Empire Resorts is without merit.
Dream 11 continues to attract investors
South African internet conglomerate Naspers is looking to buy a $100 million stake in online fantasy start-up Dream 11, local media reports.
Following bumper earnings...
Fantasy cricket start-up receives $4 mln in funding
Delhi-based online fantasy gaming platform BalleBaazi has successfully raised $4 million in Series A funding round from two private equity funds based out of...
Primorye seeks to terminate agreement with investor
The Primorye Development Corporation has filed an appeal to terminate an agreement with Prim Golden Gate LLC, owner of an investment project in the...
Wynn Resorts’ Crystal Pavilion to begin construction in late 2021
Construction for Wynn Resorts’ Phase 1 South Parcel Pavilion and 650 room hotel tower is expected to commence in late 2021, with costs estimated...
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 – 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.
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 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.
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.