Author: Levi Brooks

Macau Gaming Sector Set to Surpass 2025 Growth Predictions, Says Macquarie

Macquarie analysts project Macau’s gaming industry to exceed 2025 growth forecasts, spurred by Beijing’s policies and stronger-than-anticipated tourism recovery. Their analysis suggests the market may outperform consensus expectations of 6% gross gaming revenue (GGR) growth, driven by favorable visa policies, government support, and operational improvements.

Policy Support Signals Optimism

Macau’s position as a key tourism and entertainment hub continues to gain traction, thanks to Beijing’s supportive policies. The easing of visa restrictions and the renewal of gaming concessions in 2023 indicate a long-term commitment to the region’s development. Analysts believe these measures signal a strong endorsement from the Chinese government, with Macquarie noting, “China values Macau and continues to endorse the destination.”

These efforts align with broader initiatives to solidify Macau’s status as a premier travel destination, attracting high-value tourists and boosting visitation rates.

A Boon for Gaming Operators

Macquarie identifies three major U.S.-based gaming operators—Wynn Macau, Las Vegas Sands (LVS), and MGM—as beneficiaries of these market dynamics. Each company is poised to leverage improving fundamentals and increased tourist activity to outpace competitors.

Wynn Macau: Analysts argue the market underestimates the company’s potential, leaving room for significant upside. Strategic investments and strong brand recognition are likely to drive growth.
Las Vegas Sands (LVS): As the second-largest operator in Macau, LVS is set for a transformative year. Renovations at its flagship properties, The Londoner Macao and The Venetian Macao, are nearing completion, with Phase II of The Londoner scheduled for mid-2025.
MGM China: MGM is bolstering its market share through ongoing expansion projects, solidifying its competitive positioning in the region.

Key Milestones to Watch

Macquarie highlights several events that could signal outperformance, including Chinese New Year Golden Week in February 2025. This period is a critical travel season for Chinese tourists and an early test of the sector’s recovery trajectory.

Additional capacity expansions, such as new room availability at major properties, are expected to improve the operational landscape. For instance:

Renovations at The Londoner Macao are projected to peak in Q3 2025.
Expanded accommodations at Sands properties could further boost revenues.

These developments underscore the sector’s ability to meet rising demand, particularly as international travel normalizes.

Economic Tailwinds

Improved EBITDA growth across the sector is anticipated, thanks to a combination of operational efficiencies, higher visitation, and favorable policy frameworks. Analysts expect robust earnings for 2025, with operators capitalizing on higher-margin gaming segments and broader customer engagement initiatives.

A table of projected milestones for key operators further illustrates the optimistic outlook:

Operator	Key Development	Expected Completion
Wynn Macau	Strategic initiatives in Macau	Ongoing
LVS	The Londoner Phase II	Q2 2025
MGM China	Expansion projects to enhance market share	Throughout 2025

Analysts Remain Bullish

Macquarie’s recommendation for all three operators as “Outperform” reflects confidence in their ability to surpass market expectations. While uncertainties remain, such as potential policy changes or economic fluctuations, the overall outlook for Macau’s gaming sector appears promising.

As 2025 approaches, the region’s operators are well-positioned to navigate market dynamics, driven by supportive policies, operational enhancements, and strategic investments.

January 25, 2025

Nevada Gaming Control Board Chairman Kirk Hendrick Announces Resignation
Kirk Hendrick, the chairman of the Nevada Gaming Control Board, has announced his resignation, marking the end of a pivotal two-year tenure. Hendrick’s decision, disclosed Wednesday, comes after discussions with Governor Joe Lombardo and sets the stage for a leadership transition following the 2025 legislative session.

A Strategic Exit with Unfinished Business

In a statement to board members and staff, Hendrick highlighted the accomplishments achieved under his leadership while emphasising his commitment to further progress before his departure. He noted that the timing of his announcement allows the governor ample opportunity to appoint a successor and ensures continuity in the board’s operations.

Hendrick’s exact departure date remains undecided, but his resignation is expected to coincide with the conclusion of the 2025 legislative session, which traditionally ends in June. “I’m dedicated to accomplishing much more over the next several months,” Hendrick affirmed, promising to stay actively involved in the board’s operations until a new chairperson is in place.

Recent Shifts in Leadership Dynamics

Hendrick’s resignation announcement follows closely on the heels of another significant change within the board. Fellow member Brittnie Watkins revealed last week that she would not seek reappointment after her term expires in January. Watkins briefly held the interim chair role before Hendrick’s appointment in early 2023.

These transitions signal a notable period of change for the board, which has been a key regulatory body in Nevada’s thriving gaming industry. Hendrick’s leadership has been marked by efforts to streamline regulations and foster innovation, while Watkins contributed her expertise to critical licensing decisions and policy discussions.

Achievements and Controversies Under Hendrick’s Watch

Hendrick took the helm of the Gaming Control Board during a transformative era, focusing on regulatory modernisation. His tenure saw amendments and repeals to gaming regulations, which facilitated quicker approvals for new gaming products and reduced compliance burdens for operators.

Among his notable achievements:

Licensing major properties such as Fontainebleau Las Vegas and Station Casinos’ Durango development.

Initiating the licensing process for executives overseeing the Seminole Indian Tribe’s transition of The Mirage into Hard Rock Las Vegas.

Overseeing the board’s actions regarding disciplinary measures against former Las Vegas casino executive Steve Wynn.

Despite these accomplishments, Hendrick faced criticism over the board’s handling of illegal gambling activities within prominent Nevada casinos. A pending regulatory complaint he filed in August against Resorts World Las Vegas over alleged illegal bookmaker operations underscores the challenges of his tenure.

A Legacy Built on Legal Expertise

Before his appointment as chairman, Hendrick had a storied career in gaming and sports law. He served as general counsel for the Ultimate Fighting Championship (UFC), where he later became COO and executive vice president. Earlier, he held key roles within the Nevada Attorney General’s Gaming Division, providing legal counsel to the Gaming Control Board and the Nevada Gaming Commission.

Hendrick’s legal expertise extended beyond public service. At the law firm Jones Vargas, he specialised in gaming and sports law, building a reputation for navigating complex regulatory landscapes. His return to public service as Gaming Control Board chairman brought his deep legal knowledge and strategic acumen to the forefront.

The Path Ahead for Nevada’s Gaming Oversight

With Hendrick’s impending resignation and Watkins’ departure, the Nevada Gaming Control Board faces a leadership vacuum that could shape the state’s gaming landscape for years to come. Governor Lombardo will play a crucial role in selecting new board members and steering the board’s future priorities.

As Hendrick prepares to exit, his focus remains on ensuring a smooth transition and achieving further goals during the final months of his tenure. His legacy, a blend of regulatory reform and legal expertise, leaves an indelible mark on Nevada’s gaming oversight, but challenges remain for the incoming leadership.
January 25, 2025
Super Group Projects Record-Breaking Q4 2024, Surpassing Full-Year Financial Goals
Super Group, the parent company of Betway and Spin, has unveiled a preliminary financial update for Q4 2024, projecting the strongest quarter in its history outside the United States. The company anticipates revenue of approximately €486 million ($510.97 million) and adjusted EBITDA between €125 million ($131.42 million) and €130 million ($136.68 million), significantly surpassing expectations. Shares of Super Group soared by over 8% following the announcement.

Revenue and EBITDA Surge to Historic Highs

Super Group’s performance in Q4 2024 marked an extraordinary milestone, driven by all-time highs in deposits and revenue, particularly in December. For the full year, the company estimates revenue of €1.66 billion, representing an 18% year-on-year increase, while adjusted EBITDA is expected to exceed €387 million ($406.88 million), showcasing a remarkable 50% growth.

Exceeding the ex-U.S. revenue target of €1.6 billion.

Achieving an EBITDA margin surpassing 23%, indicating strong operational efficiency.

Adjusted EBITDA for 2024 projected between €387 million and €392 million.

This substantial growth underlines Super Group’s ability to outperform its financial targets and cement its position as a leader in global gaming and iGaming markets.

U.S. Market Performance and Strategic Focus

While the U.S. market has posed challenges for many operators, Super Group recorded significant milestones in its iGaming operations during Q4. October saw a record-setting revenue performance, with subsequent months—November and December—exceeding that figure.

Despite exiting the U.S. sportsbook market in July 2024, the company retained its focus on iGaming. This strategic pivot resulted in an investment of approximately €11 million ($11.57 million) in Q4, bringing the total U.S. investment for the year to €61 million ($64.13 million). The company anticipates reducing its U.S. investment significantly in 2025 as its streamlined approach takes hold.

CEO Comments on U.S. Performance

Neal Menashe, CEO of Super Group, commented on the U.S. operations: “We’ve made key adjustments in our strategy for the U.S. market, prioritising iGaming. The results in the fourth quarter show the effectiveness of this approach, and we’re looking forward to a more focused investment strategy moving forward.”

Key Drivers of Growth in Q4 2024

Super Group’s record-breaking quarter can be attributed to a variety of factors. Some of the most notable include:

Seasonal Uptick in Gaming Activity: December is typically a strong month for online gaming, and Super Group capitalised on this seasonal trend with targeted marketing campaigns.

Enhanced Customer Engagement: The company invested in user experience enhancements, contributing to increased deposits and higher customer retention.

Geographic Expansion: Success in key international markets, particularly in Europe and Africa, provided a boost to overall revenue.

These drivers underscore the effectiveness of Super Group’s global strategy, which has allowed it to thrive even as it scales back operations in certain regions.

2025 Outlook: A Promising Start to the Year

The momentum from 2024 appears to have carried into 2025, with Neal Menashe expressing confidence in the company’s trajectory. “I’m proud to have ended 2024 on a high, with new records expected for both total revenue and adjusted EBITDA,” Menashe stated. “This momentum has continued into the start of 2025, setting a solid foundation for the year ahead.”

Challenges and Opportunities Ahead

Looking ahead, Super Group faces a dynamic market landscape. The company’s withdrawal from the U.S. sportsbook market could pose both risks and opportunities:

Opportunities: A streamlined focus on iGaming in the U.S. allows for more efficient allocation of resources and better alignment with consumer demand.

Challenges: Competitive pressures in global markets require continued innovation and adaptability to sustain growth.

Despite these potential hurdles, the company’s robust financial health positions it well for the coming year.
January 25, 2025
Culinary Workers Union Ends 69-Day Strike at Virgin Hotels Las Vegas

After 69 tense days of picket lines and negotiations, workers at Virgin Hotels Las Vegas and the Culinary Workers Union have reached a historic five-year contract agreement, putting an end to one of the most prolonged labor disputes in Las Vegas’s recent history.

This milestone deal, announced on Wednesday, will impact roughly 700 employees at the off-Strip property, including members of Culinary Workers Union Local 226 and Bartenders Union Local 165. While full details remain under wraps, union leaders have confirmed that the contract includes significant pay raises, potentially matching the 32% wage increase secured by other unionized workers across the city.

A Battle for Fair Wages

For many employees, the strike represented more than just a fight for better pay—it was about equity and respect.

“We’re doing the same amount of work for less pay… the lowest-paid union casino as it stands right now,” said Lee McNamara, a cook at Virgin Hotels for over 25 years. This sentiment echoed throughout the workforce as union members refused to accept what they called a “second-class contract.”

Union Secretary-Treasurer Ted Pappageorge praised workers’ resilience during negotiations. “Workers at Virgin Hotels would not accept anything less than what they deserved,” he said. Their determination was evident as the strike persisted for over two months, a rare occurrence even in Las Vegas, a city with a strong union tradition.

24/7 Picket Lines and Public Solidarity

The strike captured significant public attention, with union members maintaining round-the-clock picket lines near the hotel. Workers even blocked traffic to amplify their demands, leading to several arrests but also garnering broader community support.

Prominent Nevada politicians, including U.S. Senator Catherine Cortez Masto and Representatives Dina Titus and Steven Horsford, joined the picket lines in solidarity. Additionally, a comedian canceled a show at Virgin Hotels in protest, and the NFL Players Association pledged to boycott the casino while the strike was ongoing.

Despite Virgin Hotels hiring temporary workers to cross the picket lines, union members remained steadfast. Michael Renick, a bartender at the hotel, expressed the collective determination: “I’m ready to go for as long as I need to, and I’m pretty sure that’s how everyone else is feeling too.”

A Changing Landscape for Virgin Hotels

The resolution comes at a pivotal time for Virgin Hotels Las Vegas, which has faced financial struggles and management changes. The Nevada Gaming Commission recently approved new operators to take over casino operations from Mohegan, the tribal gaming company that had managed the property since its reopening in 2021. The transition is slated to be completed by March 2025, adding another layer of complexity to the hotel’s operations.

The previous union contract at Virgin Hotels expired in June 2023, and the protracted negotiations placed the hotel under intense scrutiny. While the new agreement represents a major victory for the union, it also signals a fresh chapter for the hotel as it seeks stability under new leadership.

Statement of Unity and Optimism

In a joint statement, the Culinary and Bartenders Unions and Virgin Hotels expressed hope for the future. “Parties are committed to the resolution of our dispute and to maintaining a union standard at Virgin Hotels Las Vegas that provides for its team members’ families and fosters a better community for all.”

This resolution marks the end of a contentious chapter, highlighting the enduring strength of unions in ensuring fair treatment for workers in Las Vegas’s competitive hospitality industry.

January 24, 2025
Michigan Gaming Control Board Extends Tenure of Deidre A. Lambert-Bounds for Four More Years
The Michigan Gaming Control Board (MGCB) has reaffirmed Deidre A. Lambert-Bounds’ role within the agency, securing her a second four-year term. Governor Gretchen Whitmer’s decision highlights Lambert-Bounds’ value in maintaining transparency and fairness in Michigan’s gaming sector.

A Leader Reappointed

Lambert-Bounds originally joined the MGCB on July 22, 2021, replacing Barbara Smith. Her reappointment, effective January 9, extends her tenure through December 31, 2028, pending Michigan Senate approval. She will continue her collaboration with fellow board members Joni M. Thrower Davis, Mark Evenson, Andrew T. Palms, and Chair Linda Forte.

Her role at the MGCB is part of a broader initiative to ensure Michigan’s gaming industry remains accountable and operates with integrity. Governor Whitmer’s decision underscores her confidence in Lambert-Bounds’ contributions to these efforts.

Career Accomplishments

Deidre A. Lambert-Bounds brings a wealth of experience to the board. She is the President and Co-owner of Ignite Social Media, a pioneering agency in the social media marketing industry. Additionally, she serves as Chief Operating Officer and Co-owner of Carusele Media, a sister company focusing on influencer marketing campaigns.

Beyond her corporate leadership, Lambert-Bounds is actively involved in nonprofit and advocacy work. She sits on the executive boards of:

The Sphinx Organization: Promoting diversity in classical music.

The International Women’s Forum: Championing women leaders globally.

The Michigan Partnership for Equity and Opportunity: Addressing socioeconomic disparities statewide.

Her multifaceted career highlights her ability to balance business acumen with social responsibility, qualities that undoubtedly benefit the MGCB.

Endorsements from the MGCB

MGCB Executive Director Henry Williams spoke highly of Lambert-Bounds, noting her dedication and insight in overseeing Michigan’s gaming industry. “Board member Lambert-Bounds has consistently demonstrated exceptional commitment and insight in regulating Michigan’s gaming industry,” Williams stated. “We are thrilled to have her continue as a vital part of our board. This reappointment is a testament to her unwavering dedication to upholding the highest standards of integrity and fairness.”

These words reflect not just her professional achievements but also her ethical approach to leadership, which aligns with the MGCB’s mission.

The Role of the MGCB

The MGCB plays a crucial role in Michigan’s gaming ecosystem. The five-member board, appointed by the governor, is tasked with regulating and overseeing gaming operations to ensure compliance with the law.

Key details about the board include:

Composition: Members must reside in Michigan, with no more than three from the same political party.

Quorum: At least three members must be present to conduct official business.

Oversight: The MGCB monitors commercial casinos, charitable gaming, and online gambling platforms to maintain fairness and transparency.

The board’s work is vital in generating revenue for the state while ensuring that gaming remains a safe and regulated industry for residents and participants.

A Promising Future

Lambert-Bounds’ reappointment comes at a time when Michigan’s gaming industry is seeing significant shifts, including the growing importance of online gaming and sports betting. Her experience in the dynamic digital landscape and her track record of promoting equity make her a valuable asset to the board’s future.

With Lambert-Bounds continuing to lend her expertise, Michigan residents can expect robust oversight and a commitment to fairness in the gaming industry.
January 24, 2025
Connecticut Lawmaker Pushes for Legalising In-Flight Sports Betting
A bold proposal to legalise in-flight sports betting on flights connected to Connecticut has sparked debate in the state legislature. Advocates say it could bring in significant revenue, while critics warn of gambling-related risks.

A First-of-Its-Kind Proposal

State Representative Christopher Rosario has introduced HB6051, a bill aiming to permit and regulate sports betting on flights originating or landing in Connecticut. The legislation sets aside 1% of revenues for public education funding in underserved urban and rural districts.

“With in-flight betting’s growing popularity, HB6051 ensures Connecticut seizes a financial opportunity while fostering economic development,” Rosario explained. “We shouldn’t miss out, especially if deals like DraftKings-Delta take flight.”

The bill coincides with Delta Airlines’ announcement of a partnership with DraftKings, revealed at this month’s CES conference. The collaboration seeks to allow passengers to place bets mid-air, a potentially lucrative venture for both industries.

Opportunities and Obstacles in the Skies

Connecticut’s licensed sportsbook operators, including DraftKings, FanDuel, and Fanatics, could play a central role if the legislation passes. However, significant hurdles remain, particularly federal restrictions. Laws like the Gambling Devices Act of 1961 and the Gorton Amendment of 1994 explicitly prohibit gambling on U.S. commercial flights.

U.S. Senator Richard Blumenthal, a vocal opponent, has expressed concerns over the social implications. “This proposal risks fuelling a gambling crisis by normalising the behaviour in an environment where passengers, including children, are a captive audience,” Blumenthal wrote to DraftKings and Delta.

Benefits, Risks, and the Bigger Picture

Proponents argue that the bill aligns with Connecticut’s existing gambling agreements with the Mashantucket Pequot Tribe, the Mohegan Tribe, and the Connecticut Lottery Corporation. The legislation could also serve as a test case for future federal revisions.

But opposition is mounting, with critics pointing to potential public health concerns and the vulnerability of minors on flights. Senator Blumenthal has warned of the risks to problem gamblers and suggested tighter safeguards against abuse.

Supporters counter that responsible gambling protocols can mitigate risks. Key features of the bill include:

Mandatory age verification to prevent minors from participating.

Limits on wagering amounts to avoid excessive losses.

Designated funding for education and gambling addiction programmes.

A Gamble on Innovation

The proposal signals Connecticut’s intent to lead the integration of sports betting and air travel, an emerging frontier in the gambling industry. Industry insiders see the move as both an innovation and a potential flashpoint for federal oversight.

“This legislation represents a balancing act,” Rosario commented. “It’s about tapping into new opportunities while prioritising accountability and community benefits.”

The Joint Committee on General Law will review the bill in the coming weeks, but its future remains uncertain amid mixed public and political sentiment.

The Road Ahead

Connecticut’s initiative could pave the way for airborne sports betting nationwide. Whether HB6051 will succeed, however, depends on its ability to address both regulatory hurdles and social concerns. For now, the debate captures the tension between innovation and the responsibilities that come with expanding gambling access.
January 24, 2025
UK Gambling Commission Shuts Down 264 Illegal Gambling Operators
The UK Gambling Commission (UKGC) has intensified its fight against unlicensed gambling, dismantling 264 illegal operators in the current financial year. This represents a jaw-dropping increase of over 1,000 percent compared to the previous year. The crackdown highlights the regulator’s determination to curb illegal gambling activities and safeguard the integrity of the UK’s gaming market.

Google Takes Down 64,000 Illegal URLs

During his address at the ICE World Regulatory Briefing in Barcelona, UKGC Chairman Andrew Rhodes revealed the scale of the crackdown. Over 102,000 URLs associated with unlicensed gambling activities were referred to Google, leading to the removal of 64,000 sites from search results.

The campaign extended beyond search engines. The Commission issued more than 770 cease and desist notices and disruption orders, including:

262 notices targeting gambling operators.

205 notices aimed at advertisers promoting unauthorized services.

Rhodes stated, “Our aim is to prevent the illegal market from operating at scale in Great Britain.” He stressed the importance of addressing the problem “upstream,” targeting hosting services, payment providers, software suppliers, and search engines.

Reinforced Enforcement Capabilities

Over the past two years, the UKGC has ramped up its enforcement resources, tackling illegal gambling operations with unprecedented vigour. Rhodes acknowledged the progress but highlighted that substantial challenges remain, requiring cooperation between regulators and industry stakeholders.

A significant discovery during investigations involved third-party resellers distributing games from licensed operators to unauthorized platforms. Such breaches of contractual agreements raised serious concerns about potential negligence within the industry.

Warning to Licensees

To prevent further breaches, the Commission issued stern warnings to operators about the importance of due diligence:

Conduct comprehensive checks on suppliers and business partners.

Ensure compliance monitoring to prevent unauthorized use of licensed gaming products.

Failure to comply, Rhodes warned, could result in severe penalties for licensees.

Focus on Illegal Sports Betting

The UKGC is also targeting the growing issue of illegal football betting. As sports wagering gains popularity, test purchasing and investigative efforts are underway to identify businesses enabling unlicensed operators.

Rhodes emphasized the need for vigilance, calling on operators to strengthen compliance measures. “We need the cooperation of the entire sector to prevent illegal gambling from gaining a foothold,” he stated.

Record Performance in the Regulated Market

Despite the challenges posed by unlicensed operations, the regulated gambling market in Great Britain is thriving. Recent gross gambling yield (GGY) figures showed record performance, with online slots activity leading the way.

Key highlights include:

A 16 percent increase in GGY during the third quarter, reaching £1.32 billion ($1.63 billion).

Online slots emerging as a primary driver of growth.

This surge reflects consumer confidence in the regulated market, bolstered by the UKGC’s efforts to ensure transparency and fairness.

The Commission’s ongoing work underscores its commitment to creating a safe, regulated environment for British gamblers. However, the battle against illegal operations is far from over, with both regulators and the industry urged to stay vigilant and proactive.
January 24, 2025
ASEAN Ramps Up Fight Against Illegal Online Gambling with Backing from China
Ministers from the Association of Southeast Asian Nations (ASEAN) have made a firm pledge to intensify their fight against illegal online gambling, a growing regional challenge. Meeting in Langkawi on January 19, they also welcomed China’s support in tackling related cybercrimes. This cooperation marks a significant step in addressing a complex issue that has worsened since the COVID-19 pandemic.

Illegal Online Gambling: A Mounting Threat

Illegal online gambling operations have flourished across Southeast Asia, often targeting China, where gambling is strictly prohibited. The trade isn’t just about betting; it is a hub for transnational crimes, including money laundering, human trafficking, and online fraud. These illicit activities thrive in environments with fragmented governance and lax enforcement.

A report from the Centre for Strategic and International Studies (CSIS) in 2024 highlighted the severe risks posed by these operations to the region’s stability. The report underscored how the lack of cohesive regulations within ASEAN has created fertile ground for these enterprises.

Victims of illegal online gambling operations face dire consequences. Trafficked workers are often lured by fake job offers, only to find themselves in prison-like conditions, forced to run scams. Failure to meet quotas can result in violence or worse, as detailed by the United States Institute of Peace (USIP). Meanwhile, scam victims span the globe, from Asia to beyond.

China’s Support: A Boost for ASEAN’s Efforts

China, heavily affected by gambling scams targeting its citizens, has pledged significant support to ASEAN. Chinese Foreign Minister Wang Yi emphasized Beijing’s readiness to help member states “decisively tackle these crimes.” This commitment comes as part of a broader effort to combat cybercrime in the region.

Malaysian minister and conference chair Datuk Seri Mohamad Hasan noted the importance of unity within ASEAN to address these challenges. He remarked, “Looking at the current geopolitical and geoeconomic situation, I believe it would be a missed opportunity if ASEAN doesn’t come together.”

Regional Hotspots and Their Impact

Illegal gambling operations are deeply rooted in certain ASEAN nations, each presenting unique challenges:

Philippines: Philippine Offshore Gaming Operations (POGOs) initially seemed like an economic win post-pandemic. However, the industry became riddled with cyberfraud, kidnappings, and even torture. This led President Ferdinand Marcos Jr. to ban POGOs in 2024.

Cambodia, Myanmar, and Laos: These countries have become notorious for their gambling hubs. Vacant hotels and casinos have been transformed into centres for scams, particularly in regions like Myanmar’s Golden Triangle. Many of these operations are shielded by military groups or local proxies.

The problem is not confined to isolated incidents but reveals systemic governance issues. For instance, special economic zones in Myanmar have emerged as havens for illegal gambling under military protection.

Strengthening ASEAN’s Defences

In response to the crisis, ASEAN is taking concrete steps:

Cybersecurity Collaboration: A computer emergency response team (CERT) based in Singapore will lead efforts to counter online threats. The team aims to enhance coordination among member states.

Addressing Money Laundering: A dedicated working group will focus on disrupting financial networks supporting these operations.

Information Sharing: Member states plan to exchange CERT-related data to neutralize online threats more effectively.

Key Facts at a Glance:

Illegal gambling often serves as a front for crimes like human trafficking, money laundering, and cyberfraud.

China has pledged significant support to ASEAN to combat these issues.

Countries like the Philippines, Cambodia, and Myanmar are at the centre of the illegal gambling crisis.

The Road Ahead

While the efforts announced at Langkawi mark a strong start, the battle is far from over. Collaboration among ASEAN nations, coupled with external support from China, is critical to dismantling these networks. With coordinated action and robust strategies, Southeast Asia has a chance to reclaim stability and protect its people from exploitation.
January 24, 2025
Golden Nugget Atlantic City Unveils Revamped Sportsbook Ahead of Super Bowl
Golden Nugget Atlantic City is stepping up its game just in time for the Super Bowl. The casino has announced the grand reopening of its sportsbook on January 29, unveiling new technology and expanded betting options to enhance the customer experience. The upgraded facility, situated off the Main Atrium, promises to deliver an unmatched betting atmosphere for sports enthusiasts.

A Technological Overhaul with State-of-the-Art Amenities

Golden Nugget’s revamped sportsbook is designed to impress. With over 50 high-definition televisions and five massive video walls, fans can immerse themselves in the action like never before. Strategically placed self-betting kiosks throughout the casino floor aim to provide a seamless betting experience for all patrons.

Bettors will also enjoy the benefits of cutting-edge features:

Same-game parlays for more strategic wagering.

Expanded player and team proposition bets.

Teasers with traditional and alternate spreads.

Early cash-out options for greater flexibility.

A new bet builder tool for crafting customised wagers.

These additions position the Golden Nugget as a top-tier destination for sports betting in Atlantic City.

Expanded Betting Markets for a Broader Appeal

The updated sportsbook isn’t just about technology—it’s also about diversity. Golden Nugget is broadening its betting markets to include sports and events that go beyond the mainstream. In addition to fan favourites like football and basketball, bettors can now wager on:

Ultimate Fighting Championship (UFC) and mixed martial arts.

College baseball and softball.

Women’s college basketball and men’s college hockey.

Summer and Winter Olympic events.

To sweeten the deal, the sportsbook will offer odds boosts on select events, adding an extra layer of excitement for bettors.

Management’s Vision for the Future

Tom Pohlman, general manager of Golden Nugget Atlantic City, expressed enthusiasm about the relaunch. “Perfectly timed for guests to get their bets in for the Super Bowl, we are launching new and improved technology and betting options,” Pohlman said. “Our team is committed to providing an elevated betting atmosphere, and these enhancements are proof of that.”

The relaunch underscores Golden Nugget’s dedication to staying ahead in the competitive Atlantic City market.

Convenient Hours and 24/7 Betting Access

For those eager to place their bets, the sportsbook offers convenient operating hours:

Monday through Friday: 3 p.m. to 11 p.m.

Saturday: 11 a.m. to 11 p.m.

Sunday: 10 a.m. to 11 p.m.

For added flexibility, self-service kiosks will remain accessible 24/7 across the casino floor, catering to late-night and early-morning bettors alike.

A Look at the Broader Golden Nugget Experience

The sportsbook relaunch is just one of many offerings at the Golden Nugget Casino, Hotel & Marina. Located on the picturesque Frank S. Farley Marina, the property features:

716 luxurious rooms and suites.

A sprawling casino with slot machines, video poker, and table games.

Diverse dining options, from casual bites to fine dining.

Entertainment venues hosting live performances.

A relaxing spa and a poolside lounge for leisure and unwinding.

Golden Nugget has long been a staple of Atlantic City’s entertainment scene, and this sportsbook upgrade is a natural extension of its commitment to providing top-notch experiences.
January 24, 2025
iGpixel Introduces Advanced Risk Management System for Sports Betting Operators
The iGaming industry has witnessed a major step forward as iGpixel unveils its innovative risk management system tailored specifically for sports betting operators. Combining cutting-edge technology with deep industry expertise, this solution aims to safeguard operators from threats while optimising their profitability.

A Team Behind the Tech

At the heart of this system is a dedicated team of over 100 professionals, including 80+ expert traders. This team works tirelessly, monitoring markets and responding to challenges in real-time. By offering 24/7 support, iGpixel ensures that sports betting platforms operate smoothly and can react quickly to emerging risks.

But it’s not just the numbers that stand out—it’s the level of expertise. Traders, analysts, and technology experts collaborate to create a system that doesn’t just address problems but anticipates them before they arise. In an industry where milliseconds can make a difference, this proactive approach can be a game-changer.

Key Features That Redefine Risk Management

iGpixel’s system stands out because of its advanced capabilities. These features address critical challenges faced by operators, from real-time insights to fraud prevention.

Real-Time Player Segmentation: This feature analyses player behaviours, allowing operators to personalise risk strategies. By understanding the nuances of betting habits, platforms can better predict potential risks and tailor their responses.

Arbitrage Betting Prevention: Exploitative practices like arbitrage betting, where players leverage price differences to guarantee profits, are a significant concern. This system actively monitors and mitigates such threats, ensuring a fair playing field for all.

Advanced Data Analysis Tools: With instant access to actionable insights, operators can make quick, informed decisions. Real-time data empowers them to adapt to changing market dynamics, keeping them one step ahead of the competition.

These features, backed by a robust infrastructure, reflect iGpixel’s commitment to blending technological sophistication with practical usability.

The Industry’s Reaction

The sports betting sector has responded positively to the launch, with many viewing the system as a breakthrough. A spokesperson from iGpixel highlighted the transformative potential of the solution, stating, “This system combines technology and expertise to deliver secure, efficient, and profitable operations.”

The launch comes at a time when the sports betting market is booming, and operators face increasing pressure to stay competitive while managing complex risks. This offering from iGpixel provides not just a tool but a comprehensive strategy for success.

Why It Matters

In an industry where margins are tight and risks are high, such innovations are not merely helpful—they’re essential. The ability to segment players, prevent arbitrage, and analyse data in real-time can be the difference between success and failure for many operators.

The system’s 24/7 monitoring and expert team support provide an added layer of reliability. This ensures that no matter the time or situation, operators have a trusted partner ready to step in.
January 24, 2025

Author: Levi Brooks

Policy Support Signals Optimism

A Boon for Gaming Operators

Key Milestones to Watch

Economic Tailwinds

Analysts Remain Bullish

A Strategic Exit with Unfinished Business

Recent Shifts in Leadership Dynamics

Achievements and Controversies Under Hendrick’s Watch

A Legacy Built on Legal Expertise

The Path Ahead for Nevada’s Gaming Oversight

Revenue and EBITDA Surge to Historic Highs

U.S. Market Performance and Strategic Focus

CEO Comments on U.S. Performance

Key Drivers of Growth in Q4 2024

2025 Outlook: A Promising Start to the Year

Challenges and Opportunities Ahead

A Battle for Fair Wages

24/7 Picket Lines and Public Solidarity

A Changing Landscape for Virgin Hotels

Statement of Unity and Optimism

A Leader Reappointed

Career Accomplishments

Endorsements from the MGCB

The Role of the MGCB

A Promising Future

A First-of-Its-Kind Proposal

Opportunities and Obstacles in the Skies

Benefits, Risks, and the Bigger Picture

A Gamble on Innovation

The Road Ahead

Google Takes Down 64,000 Illegal URLs

Reinforced Enforcement Capabilities

Warning to Licensees

Focus on Illegal Sports Betting

Record Performance in the Regulated Market

Illegal Online Gambling: A Mounting Threat

China’s Support: A Boost for ASEAN’s Efforts

Regional Hotspots and Their Impact

Strengthening ASEAN’s Defences

Key Facts at a Glance:

The Road Ahead

A Technological Overhaul with State-of-the-Art Amenities

Expanded Betting Markets for a Broader Appeal

Management’s Vision for the Future

Convenient Hours and 24/7 Betting Access

A Look at the Broader Golden Nugget Experience

A Team Behind the Tech

Key Features That Redefine Risk Management

The Industry’s Reaction

Why It Matters