Your Daily Asia Gaming eBrief: U.S. Macau casino stocks fall on proposed extra oversight

Good morning. The esports industry whilst benefiting from immense growth over the last few years, has had on-going fierce battle with match-fixing - which is considered now the most serious issue facing the industry. We hear from Purbrick & Associates today about the state of match-fixing in esports today and what is being done about it. 

What you need to know

• U.S. casino stocks fall as the Macau government proposes more oversight of gaming companies as part of its consultation paper released yesterday for public review.
• Macau has released its consultation paper on the gaming industry, saying it proposes revising the number of concessions and abandoning the current system of sub-concessions. 
• PublicInvest Research said it has left its forecasts and recommendations for Genting Bhd unchanged despite it losing its chance to be part of an IR project in Yokohama.

On the radar

• The Star Sydney’s regular casino review to be carried out by Bergin Inquiry SC Adam Bell.
• China cross-border currency crackdown continues with 10 fined for gambling-related trades.
• Manila to move to an eased alert level from Sept. 16, but casinos to remain closed.

What the papers say

• Cambodian authorities seek source of weapons seized in a raid on a Sihanoukville casino hotel.
• Malaysia’s number forecasting shops planning on reopening on Wednesday.

AGB Intelligence

DEEP DIVE

Is cheating killing esports?

TRENDING

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• Hengqin plan seeks to force diversification The cooperation master plan at present it’s long on vision and short on detail as to how the goals will be achieved.

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