Daily Asia Gaming eBrief: Vanuatu launches new eGaming regulatory framework

Wednesday 3rd of July 2024

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Good Morning. Vanuatu is entering a new era, with its sun-kissed shores now calling out to eGaming operators hoping to expand their licensing capabilities and reach new markets. The updated framework offers significant advantages to companies, shining brighter than other competing jurisdictions. Meanwhile, Emerald Bay has again hit a roadblock, with Okada Manila operator TRLEI pulling out of its acquisition deal. And in Macau, industry property EBITDA is expected to fall quarterly, as expenses rise.

What you need to know

Vanuatu aims to regain its online gaming jurisdiction crown, launching a new regulatory framework that beats out competitors.
The deal for PH Resorts to sell Emerald Bay to the operator of Okada Manila has collapsed, confirmed in a filing to the stock exchange.
Macau's 2Q24 industry property EBITDA is expected to decrease by 4% q-o-q amid a slight increase in operating expenses: Morgan Stanley.

On the radar

PH Senate probes ex-official’s involvement in illegal POGO licenses.
Macau gaming supervisor allegedly solicited bribes for job recruitment.
Premium Leisure Corp. to delist from PH Stock Exchange on July 9th.
Jeju Dream Tower’s June casino revenue down 30% m-o-m.
Singapore and Malaysia Police dismantle illegal remote betting operation.

AGB Intelligence

VANUATU

New regulatory framework for eGaming

Vanuatu is leaning into the future, launching a new regulatory framework that aims to attract eGaming companies to the jurisdiction. A purely online process facilitates the ease of set up, while still ensuring compliance and oversight. Meanwhile, the region is offering highly favorable conditions for its licensees, aimed at creating a win-win scenario for both the jurisdiction and the companies it partners with.

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