Friday, January 22, 2021
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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.

Biden may be positive for Genting tribal investment: Maybank

The pro-native American stance of incoming U.S. President Joe Biden may be positive for Genting Malaysia's investment in a Mashpee Wampanoag casino project, Maybank wrote in a research note.

Resorts World Genting to close until Feb. 4 on Covid

Genting Malaysia's Resorts World Genting said it will close up until Feb. 4th due to movement control orders to stop the spread of Covid-19.

Suncity hotel unit granted incorporation in the Philippines

SunTrust Home Developers announced that Suncity WC Hotel was granted incorporation by the Philippines’ Securities and Exchange Commission (SEC) on January 19.

Bloomberry foundation funds remote Quezon hospital

Bloomberry Cultural Foundation has donated PHP50 million ($1 million) to construct the first hospital in San Andres, a remote area of Quezon.

Genting Malaysia earnings forecasts cut at Kenanga on lockdowns

Genting Malaysia's 2021 earnings estimates have been cut by 22 percent by analysts at Kenanga Research due to more Covid-19 lockdowns in Malaysia and the U.K.

Bloomberry’s Razon leading efforts to bring vaccine to the Philippines

Bloomberry Resorts chief Enrique Razon is spearheading efforts to bring Moderna’s coronavirus vaccine to the Philippines, consolidating orders from the wealthy class, business organizations, and other interested parties.

PAGCOR aids Philippine Fiber Industry Development Authority

The Philippine Amusement and Gaming Corporation (PAGCOR) has turned over PHP6.1 million (US$128,000) to the Philippine Fiber Industry Development Authority (PhilFIDA), the government agency in-charge of developing and sustaining the fiber industry.
cruise ship

Cruise stock rally pauses as sailings delayed

Major cruise lines have been pushing back their planned dates to resume sailing as the Covid-19 pandemic drags, helping to dampen a fourth-quarter rally in stocks.

Genting permanently closes UK’s Southport casino

Genting Malaysia's U.K. unit has permanently closed its casino in Southport in Northwest England, with 38 staff facing redundancy. The group has already closed casinos in Margate, Torquay and Bristol and has reduced its workforce in London, Glasgow, Edinburgh, Blackpool and Birmingham.
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.