Your Daily Asia Gaming eBrief: NagaWorld ramps quietly, expansion projects still on the cards

Good morning. NagaWorld, Nagacorp’s integrated resort in Phnom Penh finally reopened its doors after more than a six-month shutdown in mid-September 2021. NagaCorp chairman Timothy McNally however stresses that the company has not stood idly by over the last year. In our Face to Face interview, McNally gives an update about what the company has been up to over the last year, including development updates for Naga 3, Naga Vladivostok, and plans for Siem Reap and Sihanoukville.

What you need to know

• Rodrigo Duterte on Thursday signed in a new law taxing online casinos, which stipulates that POGOs must pay a 5 percent tax on GGR.
• The UK government is considering closing a loophole which allows Asian betting firms to sponsor English Football clubs as part of its review of UK gambling laws. 
• The Vietnamese president reportedly held a number of meetings with executives from major U.S. firms this week, including Weidner Asset Management Steelman Partners.
• Malaysia is set to shed interstate travel restrictions once 90 percent of the adult population is fully vaccinated.

On the radar

• Scientific Games to hold minority interest in SG Lottery in divested.
• Crown Perth’s overseas high-rollers would use cash supplied by organized crime.
• Karnataka’s moves to ban online gambling has drawn the ire of the AIGF.

What the papers say

• Website allowing citizens to report gaming companies circumventing youth restrictions launched.

AGB Intelligence

FACE TO FACE

NagaWorld ramps quietly, expansion projects still on the cards

INDUSTRY UPDATES

• Summit Ascent recognized in Asiamoney polls 
• Melco uses technology to cut plate waste by 35%
• MGM Hotels fully adopted Natural Gas
• Pragmatic Play delivers Regal Adventure in Starlight Princess 
• BetConstruct Deploys Live Casino Innovation with Hands-Do
• GLI’s Joseph Marchetti named an Emerging Leader of Gaming
• AGTech won 8 sports lottery terminal procurement bidding projects across China

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