Daily Asia Gaming eBrief: Updates on Macau satellite casino operations expected in 2025

Good morning.?Maintaining orbit. That’s what Macau’s satellite casino operators have been doing in recent years, as they face upcoming changes which could make their operations unviable. But there are expectations for clarity next year, as the clock ticks down, even as Macau’s gaming industry booms. Meanwhile, in the stock world, the head of Las Vegas Sands has decided to sell off over $3 million in shares, despite the company not showing financial weakness.

What you need to know

• Macau gaming operators expect regulatory updates for satellite casinos in 2025, influenced by new visa policies and management changes.
• Las Vegas Sands CEO Rob Goldstein is reducing his share in the group, selling over $3 million in stock, despite the group’s recent successful results.

On the radar

• South Korea’s GKL casino sales up 32.6% YoY in November.
• Singapore authorities crack down on gambling activities for POPMART toys.
• 11K foreign POGO workers have already left the Philippines: Govt.
• Macau 2024 final visitor tally could reach 34 million.
• AGEM Index increased by 8.3 percent in November.

AGB Intelligence

MACAU

Macau’s satellite casinos to get a regulatory update next year

Macau’s satellite casinos have been on tenterhooks for a while, as Macau reshapes its overall gaming format to focus on the larger IRs. And definitive action could be on the horizon, as a framework for how the operations can continue materializes next year. This could be a make or break for the operations, as a share of gaming revenue will no longer be an option for those managing the properties, lessening interest.

Corporate Spotlight

Introducing Lee ‘SunBhie’ Jeong-jae: The Mastermind behind the Aurora Gaming team

Founded just two years ago with the support of title sponsor 1xBet and under the leadership of renowned coach?Lee ‘SunBhie’ Jeong-jae, the?Aurora Gaming?team now competes in multiple disciplines, including Counter-Strike 2, Apex Legends, Mobile Legends, and Warcraft.

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

• MOONTON Games and Shikenso Analytics enhance M6 World Championship.
• Nazara & Lysto sign LOI to launch blockchain project “The Growth Protocol”.
• SpinOn and Yggdrasil release feature-packed “Show Me The Honey”.