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Levo Chan boosts stake in Macau Legend to over 33%
Levo Chan, CEO of junket promoting firm Tak Chun Group, has increased his stake in Macau Legend Development to 33.19 percent, consolidating his position as the leading shareholder, even as changes are made to the composition of the board.
Pansy Ho reduces stake in MGM Resorts
MGM China co-chairperson Pansy Ho has reduced her stake in the company’s U.S. parent, MGM Resorts international, bringing her stake in the company to...
IPI controlling shareholder reduces stake in the company
Inventive Star, the controlling shareholder of Imperial Pacific International (IPI), is disposing of around 4.9 percent of the issued share capital of the company,...
IPI acquires 50 percent stake in Saipan resort developer
Imperial Pacific International has announced it has entered into a sale and purchase agreement to acquire a 50 percent stake in American Sinopan LLC,...
IPI controlling shareholder reduces stake in the casino company
The controlling shareholder of Imperial Pacific International, a company known as Inventive Star Limited, has entered into a disposal contract with a third-party to...
Berjaya PH lowers stake in PGMC to 79.9 percent
Berjaya Philiippines Inc has disposed of 1 million shares in Philippines Gaming Management Corp (PGMC) for P117.2 million (US$2.3 million), with funds to be...
Crown acquisition will help Japan bid: Lawrence Ho
Melco Resorts chairman and CEO, Lawrence Ho says that their recent acquisition of shares in Crown Resorts will help to accelerate their bid for...
Palmary Corp buys stake in Philweb, signs cooperation agreement for e-bingo sites
Philippine e-bingo operator Palmary Corporation has purchased a 6.78 percent stake in Philweb Corporation and has signed a cooperation agreement with the company to...
Summit Ascent main shareholders mull share disposal
Summit Ascent Holdings, operators of Tigre De Cristal, has announced that its main shareholders, First Steamship Co Ltd, and Summit Ascent chairman Kuo Jen...
Genting Malaysia sells stake in UK casino
Casino operator Genting Malaysia on Friday announced it has disposed of its entire equity stake in one of its casinos located in Kensington, London.
The...
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.