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Summit Ascent GGR to rise 190% for two years: BoA
Bank of America/Merrill Lynch has added its voice to other recent commentary pointing to significant upside for Summit Ascent due to optimism over its projects in Russia and the Philippines.
Singapore allows $9 billion IR expansion, but raises taxes, entry fees
Singapore has allowed the first major expansion of its integrated resort industry since its two IRs began operating, involving S$9 billion ($6.65 billion) new...
Osaka Metro looks to Yumeshima IR for future revenue growth
The newly-privatized Osaka Metro, which operates the local subway system, sees the development of non-railway income, especially from Yumeshima, as the key driver for future revenue growth.
Genting Singapore Q3 profit gains 25 percent
Genting Singapore said Q3 net profit gained 25 percent, though revenue was primarily driven by non-gaming attractions.
Delta plans Goa IR if casino policy changes
Delta Corp., India’s only listed casino operator, plans to construct a major IR in Goa, that could include a water park, retail space and a convention center, if the government approves a policy to move the state’s floating casinos onshore, according to company Chairman Jaydev Mody.
No credit upgrades seen for Macau operators in 2018: S&P
The credit profile of Macau’s casinos operators is likely to improve in 2018, though upgrades are not likely to be on the cards due...
Gaining critical mass
Asia’s gambling industry is heading into 2018 on a firmer footing than it has for several years, with most major markets having chalked up strong growth in 2017, though China and its policies will continue to be the main driver when it comes to performance. Although economies around the region are growing, creating bigger middle classes with greater spending power, China and its huge outbound tourism sector will continue to dominate the region's casino sector and the preferences of its swelling mass market will be key.
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 – 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.
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.