Daily Asia Gaming eBrief: Higher minimum wagers linked to increased debt in Macau punters

Good Morning.?The higher the risk, the higher the price. Such were the findings of a recent study which found that Macau punters who sought help for problem gambling had significantly higher levels of debt than those in comparable regions, correlated with higher minimum wagers. Meanwhile, in the Philippines, the appetite for online gaming for locals continues to grow, with PIGO operators now totalling 44, potentially rising further as taxation rates drop. In the world of suppliers, Konami highlights its latest offerings, reiterating its dedication to APAC through customization.

What you need to know

• Higher minimum wagers at Macau’s casinos are linked to increased debt levels among gamblers seeking assistance, study finds.
• Over 40 Philippine domestic online gaming operators (PIGOs) were authorized as of June, with 13 yet to be commercially active.
• Konami highlights its newest products, showing its commitment to APAC, with more customization: check out the video!

On the radar

• Laurence Hawke appointed new CFO for Newport World Resorts operator.
• Aruze Gaming Global granted approval for Philippine and Macau markets.
• HK police arrest almost 60 people in illegal sports betting crackdown.
• Alice Guo appeals to PH president for fair probe amid POGO link allegations.
• MGM China to issue $500M in new debt financing: Moody’s.
• Macau daily GGR softens amid European Cup: HSBC.
• Macau operators to host 2 international sports events per month: Pansy Ho.

AGB Intelligence

MACAU

High minimum wagers linked to increased punter debt: study

Macau’s high minimum wagers have been linked to the increased debt levels of punters seeking help for problem gambling in the SAR, particularly for those from the gambling hub. According to a recent study, gambling debts for Macau punters was nearly double that of other regions, with scholars calling for more follow-up activity to help those wanting to curb their gambling habits. The study also evaluated punters from Hong Kong, finding a higher prevalence for sports betting, while those from mainland China preferred table games.

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