Your Daily Asia Gaming eBrief: Esport consumers - young, savvy and ready to bet

Tuesday 23rd of May 2023

Good Morning. From basements to packed arenas - Esports has come a long way, with experts noting that consumers are tech-savvy, young and have deep pockets - and they're ready to bet if you know how to target them. Meanwhile, in Macau, Galaxy rounded out the city's 1Q23 concessionaires reporting, recording $244mln in EBITDA as net revenue topped $900mln. In romantic news, Chinese Valentine's Day boosted tourism, in particular hotel bookings.

ASEAN Gaming Summit, asia gaming ebrief, Philippines

What you need to know

Esports growth is undeniable, with a consumer base of young punters with a propensity to bet, say experts.
Galaxy Entertainment Group recorded $244 million in 1Q23 EBITDA, as net revenue topped $900 million.
Chinese Valentine's Day weekend saw a major boost for romantic tourism, with a surge in hotel bookings.

On the radar

Daisy Ho satisfied with SJM’s performance in 1Q23.
LVS Chairman re-elected as executive director of Sands China.
Malaysian authorities arrest 40 in online gambling platform raids.
India to tax incentives offered by online gaming firms.

AGB Intelligence

ESPORTS

Rethinking your view of Esports, the next big thing

A panel of experts sit down to discuss the misconceptions behind Esports as a whole - its current dimension and growth potential and, particularly, how intimately it's tied into the gaming industry. With young, savvy consumers with deep pockets and a propensity to bet - those targeting the segment need to know which region they're marketing to, which title is being played and how to get the most back on their investment.