Daily Asia Gaming eBrief: POGO ban applies universally, regardless of location/licensing
Asia Gaming Brief
Asia Gaming Brief is a news, events and networking company focused on Asia Pacific’s rapidly expanding gaming industry.
Good morning.?No loopholes, no exceptions. The ban on POGOs and IGLs applies universally, independent of the location or licensing entity, says a top legal expert. Meanwhile, in Macau, a recent survey shows positive growth in Macau’s premium mass segment this month, with more whales and new products driving growth. And in Singapore, Resorts World Sentosa faced a setback, after being handed a shortened two-year renewal on its casino license due to ‘unsatisfactory’ tourism performance.
What you need to know
On the radar
AGB Intelligence
POGO BAN
Legal expert: Executive Order applies universally
A top legal expert says that the Executive Order issued by the Philippine President banning all offshore gaming operations was “explicit in its scope” and applies universally, regardless of location or licensing. Clarification from the Office of the President furthered that there are no exceptions or loopholes in the ban on POGOs and IGLs, noting that they are “now classified as illegal gambling”.
Corporate Spotlight
1xBet: Capitalize on Asian teams’ World Cup qualifier struggles
Asia is the most populated continent on the planet and?Football is the No. 1?sport in most countries. The World Cup qualifying matches are traditionally watched by billions of fans in the region, but FIFA has decided to?reward Asia?with a significant representation at the tournament only now.
Altenar brings premium sportsbook solution to Asia
Altenar, a leading sportsbook provider is?bringing its global expertise to Asia, looking to expand its operations. Since?2011, Altenar has powered hundreds of online sports betting sites worldwide and is a?major B2B provider?in Europe and Latin America licensed markets.
Industry Updates