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Your Daily Asia Gaming eBrief: Pachinko industry needs help (Sabong News)

Your Daily Asia Gaming eBrief: Pachinko industry needs help
Author AGBrief Editorial
Date MAY 06 2021
Good morning. The Philippines was put under the spotlight yesterday after conveyed her hopes for further innovation and creativity in the Philippines’ gaming industry to bolster recovery and revenues – starting with Live Shots and E-Sabong. This is as year-on-year. A note was also made on Macau’s mass-market future, with analyst noting that this will be dependent on the region being able to bring new attractions and products on time. Our focus also turns to Japan, where the or face wasting away into obsolescence. To illustrate this, we look at one area of strong growth – which is . First, the news What you need to know Macau’s mass gaming market is likely to grow in the high single digits from 2022 once the pandemic eases, but growth industry experts on a gaming panel said.”I’ve always been a big believer that Macau is a build it and they will come story, so as long as Macau continues to develop new resorts and features and the border stays open, the prospects on the mass side are exceptionally strong,” Bernstein Research senior analyst Vitaly Umansky said on aSIGMA Manila virtual roadshow. However, the key question will be whether Macau is able to continue to add new attractions. Philippine Amusement and Gaming Corporation Chair is placing her hopes on new online gaming initiatives in the country to boost industry revenue this year. She pointed to the (cockfighting) this year as examples of breakthroughs in the industry.This is on the back of struggling land-based gaming operators, which she said are losing an average of 144 million (US$3 million) a day. Japan’s Keirin (bicycle racing) has not been left behind in the nation’s recent online wagering boom. While revenues have been advancing slowly in recent years, in .The nation’s 43 velodromes are most often operated by city governments, and the increases in revenues are giving rise to new investments and the expansion of services. AGB NIPPON WEEKLY Even before the Covid pandemic it was apparent that the pachinko industry, at least in its current form, possessed a dying business model. Recent events have only accelerated the trends. It’s clear that a new approach is needed and a local newspaper highlighted one possible step in this direction.Kimitsu city-based Oasis Group last month opened what it calls BBQ Oasis, offering a sort of campground experience where an With so much room for development in the Asian markets, Pragmatic Play isn’t resting on its laurels. The increasing acceptance of igaming has seen a slow change in attitude towards regulation, with more and , which will truly propel the market to a period of hypergrowth – something Pragmatic Play intends to be at the forefront of. In | | |

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