Good Morning. Few things were the same after the pandemic, particularly for the Macau market, which suffered the brunt of lockdowns and border restrictions. A new study examines how much the behavior of mainland Chinese punters playing in Macau changed and what new trends are emerging across the land-based and online space. Meanwhile, PAGCOR is seeing continued momentum from its gaming sector, propping up government revenues as the regulator remits its dues to the Treasury.
What you need to know
- A recent study revealed that the pandemic has significantly altered the gambling behaviors of mainland Chinese gamblers.
- PAGCOR’s May remittance to the State Treasury increased by 25% yearly, reaching $55.9M, signaling a strong gaming sector rebound.
- Hoiana Resort & Golf names former RWS executive as new CFO.
- Macau’s ultra-luxury The 13 hotel to reopen, under renovations: Report.
While the pandemic had a massive impact on the access of mainland Chinese gamblers to Macau's casinos, a recent study has revealed that the impact continues well beyond the end of lockdowns and border measures. The research found that many punters switched online, despite both China and Macau not allowing online gambling. It further examines changes in the demographics, education level, social standing, and frequency of gambling by punters during and post-pandemic.
Know Your Enemy: An Interactive Guide to Online Gaming Fraud
Online gaming fraud is on the rise in the iGaming industry. In Q1 2022, there was an 85% increase in fake account registrations compared to Q4 2021. While players are undoubtedly affected by gaming fraud, iGaming platforms also suffer due to damaged reputations, huge financial losses, and legal consequences.
How 1xBet Dominates the Asian Market: Conditions and Approach
1xBet operates in several dozen countries in Asia, and the number of partners in this region is growing steadily, which indicates the effectiveness of the 1xPartners affiliate program. The brand offers favorable conditions and a modern set of tools for making money on the Internet.
The pandemic era has undeniably reshaped the gambling landscape, with significant shifts observed in the behavior and preferences of gamblers, particularly those from mainland China. The transition towards online platforms, despite the legal restrictions in China and Macau, highlights a significant transformation in the gambling ecosystem. As the world gradually recovers from the pandemic, the gambling industry continues to evolve, adapting to new trends and challenges.
The rise in online gaming fraud, as well as the strategies employed by companies like 1xBet to dominate the Asian market, indicates a dynamic industry that is constantly on the move. With Macau's luxury hotels reopening and the Philippine gaming sector contributing significantly to the treasury, it's clear that the industry is bouncing back, albeit with a new face. As these trends continue to develop, stakeholders in the gambling industry will need to stay vigilant and adaptable to navigate the post-pandemic world successfully.
