Your Daily Asia Gaming eBrief: Melco's Cyprus bet brings Asian IR style to Europe

Good Morning. When Asia no longer proves as exciting, set your sights elsewhere. That's what Melco did with its property in Cyprus, with the group's President noting that it took its focus on high-end clientele and an Asian-inspired IR concept to sunnier shores. Meanwhile, in Macau, Pansy Ho says that gaming concessionaires are being pushed by not just the government but younger travelers to embrace innovation. And in the Philippines, improving infrastructure is the next hurdle to make the nation a "tourist powerhouse".

What you need to know

• Cyprus was the best choice to offer an Asia-inspired large-scale premium IR experience in Europe: Melco President.
• Macau’s gaming operators working diligently on non-gaming projects, younger travelers push concessionaires to embrace innovation: Pansy Ho.
• Improvement of basic infrastructure to be key in the Philippines becoming "tourist powerhouse in Asia": Tourism Secretary.

On the radar

• SPAC 26 Capital liquidating, after failed merger with Okada Manila operator.
• Former POGO operator believed to be linked to Singapore money laundering.
• Indian casino operator Delta Corp facing massive tax claim by authorities.
• PH operator International Entertainment flags return to profit this FY.
• Call for immediate shutdown of POGOs gains further momentum.
• Crown Resorts rebrands: ‘Here’s Where Things Get Interesting’.
• PAGCOR licensees give $1.06mln for new veterans medical center.

AGB Intelligence

ASIA TO EUROPE

Melco's Cyprus bet brings Asian IR to EU market

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Industry Updates

• Push Gaming prepares for major growth after acquisition by MGM.
• Orenes Gran Casino Castellón expands catalog with Zitro's new offerings.

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