The most courageous act is still to think for yourself. Aloud.
—Coco Chanel
| INVITE FRIENDS! |
| No signs of stopping |
Macau casinos posted stronger than expected gaming revenue growth in April, thanks to solid gains in both the VIP and mass market gaming segments.
Analysts were stumped by the numbers.
Casinos generated gaming revenue MOP25.7b (US$3.2b) in April, a month when casinos traditionally post lower gaming revenues. This year’s figure is a 27.6% improvement over the same month last year. According to Union Gaming analyst Grant Govertsen, April’s average daily revenue of MOP858m was on par with results seen during the most recent Lunar New Year and Golden Week holiday periods. Union Gaming expects that Macau casinos will grow by 22% in Q2.
| RAFI'S MARKETS |
Elaine Wynn may have a point
CalvinAyre.com’s Rafi Farber weighed in on the merits of the arguments raised by Elaine Wynn, the single largest shareholder of Wynn Resorts.
| FROM COINGEEK.COM |
Bitcoin Cash prepares for upgrades
nChain likes big blocks and it cannot lie—as evidenced by the implementation of a series of upgrades on the Bitcoin Cash blockchain. These upgrades include increasing the BCH block size to 32MB and restoring certain OP_Codes.
| GLOBAL ROUND UP |
| ASIA |
The Intermediate People’s Court of Hainan has ruled in favor of the return of ‘cashless casinos’ in the Chinese island province, which could lead to the establishment of real-money casinos in five to 10 years.
Local policemen in Thailand and Hong Kong announced that they will conduct crackdown operations against illegal sports betting in time for the 2018 FIFA World Cup.
| AUSTRALIA |
The Australia-based gaming operator didn’t fare too well in the first quarter of the year, reporting a $1.9 million loss.
The lottery betting operator claimed that the Australian Lottery and Newsagents Association (ALNA) lied about the total number of its members, raising “major questions” about the true intent of ALNA.
| EUROPE |
The Austrian gambling operator enjoyed record sales in 2017, posting a record overall revenue of €2.53b, 11% higher than its 2016 revenue.
| TIP OF THE DAY |
In content marketing, it is important to manage expectations. Results in content marketing results can’t be guaranteed, as it deals directly with humans – who are notoriously unpredictable. Don’t be afraid to innovate, push boundaries and then conduct post-match analysis to know which posts worked.
| PRESS RELEASE |
Better Collective tops EGR Power Affiliates 2018
The leading betting tips provider secured the number one spot in the EGR Power Affiliates 2018 list, impressing the judges with the company’s business and commercial success, M&A activity and compliance with regulatory and compliance procedures.
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