GGRAsia – Newsletter 5

Newsletter 5

SOFTSWISS enhances analytics capabilities via Bambi tie-up

Sep 17, 2024 Newsdesk iGaming, Latest News

SOFTSWISS, a supplier of software to online casinos, has announced a partnership with Bambi Data, to provide its clients with additional tools “to track and improve their business indicators,”...

Galaxy Macau to host opera star Plácido Domingo in October

Sep 16, 2024 Newsdesk Latest News, Macau, Top of the deck

Renowned Spanish tenor Plácido Domingo (pictured) is to headline the “Galaxy Opera Gala” hosted next month by Galaxy Macau, the Cotai flagship property of Macau casino operator Galaxy...

Osaka trio held in US$35mln launder case tied to online bets

Sep 13, 2024 Newsdesk Japan, Latest News, Top of the deck

Authorities in Osaka prefecture, a Japanese community scheduled to have a legal land-based casino resort by 2030, say they have arrested three people on allegations of laundering money from 10,000...

Philippine govt ready to support 27k local POGO workers

Sep 12, 2024 Newsdesk Latest News, Philippines, Top of the deck

The Philippine Department of Labor and Employment has said that nearly 27,000 Filipinos working in legal online offshore gaming operators in the country will be affected by the ban on the...

Macau casino GGR US$591mln for Sept 1-8: Citi

Sep 11, 2024 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino gross gaming revenue (GGR) for the first eight days of September is estimated at MOP4.75 billion (US$591.4 million), a daily run rate of about MOP594 million, said Citigroup in a...

Sam Hou Fai to run unopposed for Macau CE position

Sep 10, 2024 Newsdesk Latest News, Macau, Top of the deck

Sam Hou Fai, until recently president of Macau’s Court of Final Appeal, is to run unopposed for the role of Chief Executive (CE), the city’s top job. He received a total of 383 nominations drawn...

Everi’s EBITDA growth likely from 4Q: analyst

Sep 09, 2024 Newsdesk Industry Talk, Latest News, World

Brokerage B.Riley Securities Inc has lowered its estimates for adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) at casino equipment maker and financial technology...

Wynn Resorts in US$130mln settlement over money transfers

Sep 09, 2024 Newsdesk Latest News, Top of the deck, World

United States-based casino developer Wynn Resorts Ltd said on Friday that its subsidiary Wynn Las Vegas LLC had signed a non-prosecution agreement (NPA) with the U.S. Department of Justice (DOJ) and...

Konami, Aristocrat stocks lead AGEM Index gain in August

Sep 06, 2024 Newsdesk Industry Talk, Latest News

The AGEM Index, a measure of the stock prices of a range of casino technology suppliers, increased by 78.77 points to 1,502.26 in August, a 5.5 percent increase from the prior month. Compared to one...

Wynn Macau Ltd adjusts bond conversion price after dividend

Sep 04, 2024 Newsdesk Latest News, Macau, Top of the deck

Macau casino business Wynn Macau Ltd says the conversion price of its US$600 million 4.50-percent convertible bonds due in 2029, will be adjusted subsequent to the company announcing the payment of...

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The most popular gambling games and slots in Asia, according to 1xBet

Aug 16, 2024

For global betting company 1xBet, Asia is a key market for several reasons. Firstly, it is the largest region in terms of population and density, home to about 5 billion people, or 60 percent of the world’s total. Secondly, Asia’s gambling entertainment history spans thousands of years, with...