As in-person events begin to ramp up again, suppliers make some difficult choices about whether or not to attend and who to send.
Asia’s legalized esports betting scene is still lightyears away from the likes of Europe and the U.S., though there is an acknowledgment that groundwork is being laid for its future growth.?
The focus of this August edition of the AGBriefings magazine is Australia, where there is certainly a lot to talk about. The country has shown strong resilience in the past few months. It has a strong local market that has been stimulated by government support, resulting in solid numbers, even up until the most recent state lockdowns.
SOUTH EAST ASIA
Business tycoon Andrew Tan has confirmed that his pany, Alliance Global, plans to move ahead with a casino at the Boracay Newcoast mixed-use development.
South Korean operators Paradise Co. and Grand Korea Leisure have both reported improved casino revenue for August pared with the prior month.
The New South Wales Independent Liquor & Gaming Authority, which regulates casinos and alcohol-serving, has appointed barrister Gillian Eldershaw to the board.
The outlook for Southeast Asian gaming stocks has been downgraded to "in-line" by analysts at Morgan Stanley, who cite the slow pace of reopening and potential drag from China's clampdown on overseas gambling.
India is viewed as one of the most promising markets in Asia for the skill-based online gambling industry and recent court rulings have helped cement the legality of the practice.
We're very excited to finally be able to start preparing for the return of the ASEAN Gaming Summit, which will run on March 22-23, 2022 at Shangri-La Manila, Philippines. This will be an in-person conference aimed at convening Asia's leading land-based and online gaming and wagering executives.