Daily Asia Gaming eBrief: Thai IR legislation eases concerns for operators/investors

Good morning. There's nothing worse than not knowing. And in the case of Thailand, there have been many concerns as to whether proposed IR legislation would ever make it off the ground. These concerns have now been slightly eased, as the legislative proposal put forward has assuaged both operators and potential investors, points out Spectrum Gaming's CEO. Meanwhile, results continue to roll in - with Newport and Resorts World Sentosa seeing upticks, while Bloomberry saw a slight drop.

What you need to know

• Thai IR legislation proposal eases some of the concerns held by operators and investors: Fredric Gushin, CEO of Spectrum Gaming Group.

On the radar

• Bloomberry Resorts reports 4% y-on-y decline in GGR for 2Q24.
• Genting Singapore revenue up in 1H24 despite drags from low VIP.
• Growth in non-gaming helps boost Newport World Resorts in 1H24.
• UK bookmaker Star Sports to commence operating in Australia.

AGB Intelligence

THAILAND

IR legislation proposal eases concerns: Expert

Corporate Spotlight

How 1xBet dominates the Asian market: conditions and approach

Know Your Enemy: An Interactive Guide to Online Gaming Fraud

Industry Updates

• Games Global launches WWE Bonus Rumble: Gold Blitz.
• Instant rewards in Habanero’s latest release Haunted Harbor.

MEMBERSHIP | INTELLIGENCE | ASEAN | CAREERS