Daily Asia Gaming eBrief: Still space for more IRs, says PAGCOR Chairman

Good Morning.?Build it and they will come. While space in Metro Manila is diminishing, PAGCOR’s Chairman highlights exactly how many properties could be coming online within the region in the future, and which are in discussions to explore new opportunities in other, close, markets. The move to diversify gaming operations outside of the main axis could bode well, given the high populations of nearby city-hubs. Meanwhile, the Dowinn Group has denied its reported closure, saying the move is merely temporary. And in supplier news, Aruze Gaming Global gives the low-down on its latest offerings, celebrating its entrance into new Asian markets.

What you need to know

• PAGCOR’s Chairman lays out exactly how many more integrated resorts could still open in the Philippines without cannibalization.
• Dowinn Group, a Philippine junket operator, denies permanent closure, claiming ‘unjust defamation’ in response to collapse allegations.
• Aruze Gaming Global highlights its latest offerings aimed at the Asian diaspora, celebrating its entrance to new markets.

On the radar

• Philippines labor department cracks down on foreign workers after POGO raids.
• GST amendment to offer potential relief for India’s online gaming industry.
• Indonesian president denies online gambling social assistance plan.
• Probe sought in Philippine congress on issuance of special resident visas.
• MGM possibly planning major expansion of Macau IR: Report.

AGB Intelligence

PHILIPPINES

Still space for more IRS, says PAGCOR’s Chairman

Although Metro Manila is starting to get crowded, the Chairman of PAGCOR, the Philippine gaming regulator, says that there’s still space for more operators, depending on their strategy. The official looks beyond Entertainment City, noticing opportunities both north and south, as the gaming diaspora expands. Some projects have been belabored, while others were approved before his tenure, but Alejandro Tengco sees strong growth opportunities to be maximized.

Corporate Spotlight

Know Your Enemy: An Interactive Guide to Online Gaming Fraud

Online gaming fraud is on the rise in the iGaming industry. In Q1 2022, there was an 85% increase in fake account registrations compared to Q4 2021.?While players are undoubtedly affected by gaming fraud, iGaming platforms?also suffer due to damaged reputations, huge financial losses, and legal consequences.

How 1xBet dominates?the Asian market: conditions and approach

1xBet?operates in several dozen countries in Asia, and the number of?partners?in this region is?growing steadily, which indicates the?effectiveness of the?1xPartners?affiliate program. The brand offers favorable?conditions?and a modern set of?tools for making money?on the Internet.

Industry Updates

• Galaxsys promotes Head of Sales Teni Grigoryan.
• Lightning Box enters a scorching world of symbols in Thundering Blaze.