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Summit Ascent's Tigre de Cristal

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.

Tomakomai IR optimists see hopes dashed again

Hope springs eternal in the minds of Tomakomai IR advocates. The answer delivered from the lips of Hokkaido Governor Naomichi Suzuki keeps coming back “no,” but what seems to be delivered to their ears is “maybe soon.”

Yokohama expected to launch its RFP process shortly

The administration of Yokohama Mayor Fumiko Hayashi is expected to announce shortly the start of its RFP process to build a major urban IR at Yamashita Pier, potentially becoming the largest IR development in Japan.

Paradise Co. accused of pushing some employees into early retirement

Accusations have appeared in the Korean media alleging that Paradise Co, used some questionable tactics to encourage some employees into early retirement as part of the firm’s measures to reduce costs.

Oshidori issues positive profit alert

Oshidori International, a bidder for an IR operating license in Nagasaki, Japan, has issued a positive profit alert to the Hong Kong Stock Exchange, projecting an unaudited consolidated profit of more than HK$2.3 billion (US$304 million) for the year 2020.

Police make arrest in Jeju casino heist

South Korean police have arrested one of three subjects sought in connection with the theft of about $13.3 million from Landing International's Jeju casino. The unidentified man was described as an employee of an agent company that attracts and manages casino customers.

Jeju union accuses Landing of unfair employee dismissals

The Jeju Tourism Service Union, LEK Branch of the Federation of Korean Trade Unions, is accusing Landing International of both inept and opaque management practices surrounding the major theft of cash as well as the unfair dismissal of four Jeju Shinhwa World employees.

Thirty people arrested for illegal gambling in Osaka

Local police swept up thirty employees and customers in a raid on an illegal baccarat room in Osaka, Japan.

Rules on contacts between Japan officials and operators seen as ambiguous

In the wake of the 500 com bribery case, the Suga government has been proposing new rules for contacts between Japanese government officials and IR operators. However, these regulations are being criticized for being ambiguous in certain key areas.
grand korea Leisure

GKL extends casino closures to February

Grand Korea Leisure has announced that it will be further extending the closure of its three casinos until February 1, making its pause in business activities a full two months.
Life After Pogos

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

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.
AGB Webinar Attracting Players, Not Fraudsters

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 20

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.
news, macau, gambling

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 20

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.