Daily Asia Gaming eBrief: Trump a fan favorite in US election betting pools

Tuesday 22nd of October 2024

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Good morning. Punters are playing their Trump card when placing bets on the upcoming US presidential election, swinging more in favor of the former president than polls would suggest. Significant wagers are being placed even outside the US, showing the global interest in the showdown. Meanwhile, in HK, authorities are pondering lowering the age restriction for horse racing events to boost tourism. And in Australia, The Star says disclosing a $966 million non-cash impairment wasn't necessary in its latest financials.

What you need to know

Bookmakers are indicating a favorable outlook for Trump in the presidential election, with a high volume of wagers from outside the US.
Hong Kong is considering easing age restrictions on horse racing to enhance tourism and attract a broader range of visitors to racecourses.
The Star Entertainment denied having to disclose a $966M non-cash impairment charge prior to its latest financial report.

On the radar

Macau GGR is estimated at $1.83B through the first 20 days of October.
PAGCOR's assistance was requested for the departure of foreign POGO workers.
Alliance Global clarifies Boracay casino project plans.
PH Quadcom to investigate Chinese POGO operators acquiring citizenship.
Chinese national re-kidnapped has ties to POGOs: PNP.

AGB Intelligence

US ELECTION

Bookmakers indicate favorable outcome for Trump

The US election is heating up, and after a recent ruling allowing for bets to be placed on the outcome, punters are weighing in. Currently, odds are stacked in favor of former President Donald Trump, with just four accounts placing over $30 million in wagers on the outcome. The weights of the bets don't align with current polls, which still fall in favor of current Vice President Kamala Harris, however, polls have failed to predict the outcome previously and could do so again.

Corporate Spotlight

Altenar brings premium sportsbook solution to Asia

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