Daily Asia Gaming eBrief: Pronet Gaming to capitalize on ASEAN Gaming Summit

Thursday 7th of March 2024

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Good Morning
Excitement is building for the ASEAN Gaming Summit, with Pronet Gaming's CEO pointing out the opportunities and advantages the event brings. Alex Leese notes the ideal location of the event: the Philippines, where the group aims to make its mark - leveraging the talent and regulatory framework for success. Meanwhile, in Macau visitor shopping spend is in decline, as China's financial environment drags. And gaming operator SJM saw headwinds in FY23, with its gaming revenue rising to some $2.5 billion, as visitation returned to the SAR.

What you need to know

Pronet Gaming aims to leverage the ASEAN Gaming Summit to expand its regional presence, with its hub in the Philippines.
Macau's decline in per-capita visitor shopping spend attributable to conservative consumption due to China's economic woes: expert.
SJM Resorts recorded a 230 percent y-o-y increase in net gaming revenue, reaching $2.5 billion in 2023.

On the radar

Macau gaming employees’ salaries rose 6.8%, surpassing pre-COVID levels.
Mohegan's INSPIRE to become Singapore and Macau competitor.
Unions urge New South Wales gov’t to reduce poker machines.
“Overtourism” concern leads Osaka to consider taxing inbound tourists.
Don’t promote illegal gambling CCPA tells Indian celebrities, influencers.

AGB Intelligence

ASEAN GAMING SUMMIT

Pronet Gaming keen on the Philippines: CEO Alex Leese

Pronet Gaming's CEO is bullish on the Philippines, as the country provides the opportunities and talent pool best suited for its Asian expansion. Alex Leese says the group is actively recruiting in the region, and aims to use the ASEAN Gaming Summit as a springboard for its efforts, leveraging the panels and networking opportunities of the unique event.

Corporate Spotlight

Basketball player Kai Sotto is the new 1xBet ambassador in Asia

Kai Sotto, Basketball player, 1xBet ambassador, Asia

1xBet, a leading global betting company, proudly announces its partnership with rising basketball star Kai Sotto. Hailing from the Philippines, Kai Sotto will serve as the brand ambassador, championing basketball in his homeland and across various Asian nations, extending the 1xBet brand presence across Asia.

Industry Updates

Games Global progressive jackpot Mega Moolah awards €6.6 million.
Wazdan releases the latest installment in 15 Coins: Grand Gold Edition.

Registration open for the ASEAN Gaming Summit 2024

Registrations for the 2024 ASEAN Gaming Summit, the calendar conference of excellence of the gaming industry in the region, are officially open. Scheduled from 19th to 21st March 2024, the Summit is the gateway to the Next-Gen of gaming in Asia.

Asia Gaming Awards 2024 recognizing excellence on March 20th in Manila

The Asia Gaming Awards, hosted by Asia Gaming Brief, is set to once again recognize and celebrate the outstanding achievements in the Asian gaming industry. The Awards ceremony will take place on the evening of Wednesday, 20th March 2024, at the Grand Ballroom of the Shangri-La The Fort, Manila.

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