Daily Asia Gaming eBrief: Gambling disorder a significant public health concern in AU/NZ

Good morning. Australia and New Zealand are intensifying their efforts to curb gambling-related harm, as a new report highlights the prevalence of gambling. But both countries are facing challenges in identifying which strategies can work in the long term, due to high rates of relapsing. Meanwhile Genting Malaysia is fighting back against the $600 million claim against it by its partner in the Bahamas, calling the claim 'baseless. And in South Korea, Kangwon Land has announced a new corporate value-up plan as it heavily expands its property.

What you need to know

• Gambling disorder has emerged as a significant public health concern in Australia and New Zealand, a recent narrative review on the issue argues.
• Genting Malaysia calls $600 million lawsuit by partner in Bahamas resort ‘an attempt to extract an exorbitant payment’.
• South Korean Kangwon Land announces corporate value-up plan amidst further expansion of its casino and non-gaming areas.

On the radar

• Former Porac Mayor facing graft filings as POGO capture net widens.
• Aristocrat flags unfranked dividends due to business growth.
• Australian comms watchdog blocks two more offshore gambling websites.
• Less than half of foreign POGO workers downgraded their visas before the deadline.
• Macau Prosecutor General highlights rising gambling-related crime investigations.

AGB Intelligence

AUSTRALIA/NEW ZEALAND

Gambling disorder a significant public health concern in AU/NZ

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