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Your Daily Asia Gaming eBrief: How gaming companies are getting involved in the metaverse

Good Morning. Last week, we lifted the veil on what the future holds for web interaction, digital content consumption, e-commerce, and the final frontier between the real and digital world – the metaverse. This week, we discuss a number of unique opportunities that the metaverse presents to the industry, both online and brick-and-mortar.


What you need to know

  • More needs to be done to promote responsible gaming as a concept separate from addiction, or harm, to make significant progress in the field, experts said.
  • Hong Kong may delay mass testing for Covid as it shifts its focus to reducing deaths and caring for the elderly, the South China Morning Post reports, citing sources.
  • Aristocrat Leisure says it has been assisting its Ukraine-based employees and their families relocate, while it has suspended the operation of its mobile games in Russia amid the ongoing crisis. 
  • Macau lawmaker Andrew Chan Chak Mo says that the gaming industry amendment bill will give powers to the government to put a maximum cap on gaming tables and machines, as well as reducing individual table numbers and slot machines for concessionaires based on their usage.

On the radar

  • LRWC says board approves share sale to raise PHP2.09b.
  • IGSA appoints John English as chairman, Earle Hall as vice chairman.
  • IGT, SG contributes to AGEM gains in February.

What the papers say

  • Cambodian authorities arrest a further 180 striking NagaCorp employees.
  • IPI finds funds to pay security guards, 10 out of 15 construction workers.
  • Number of non-resident workers falls 3.7 percent in 2021.
  • Wakayama governor seeks extraordinary meeting to seek yes vote on IR proposal.

AGB Intelligence

DEEP DIVE

on the metaverse [Part 2]

In this week’s deep dive into the metaverse, we discuss a number of unique opportunities for the industry, both online and brick-and-mortar. For online gaming and wagering companies, the metaverse will certainly become the primary way that next-gen customers will want to gamble, says Earle Hall, CEO of Axes.Ai, a blockchain and gambling technology expert. “The metaverse will provide a media-rich, deeply personalized gaming experience that will rival the best video games in our parallel gaming segment.”

Industry Updates

  • Novomatic introduces the Diamond X 2.32 cabinet combining style and function.
  • M88 Mansion appointed as official partner of Badminton World Federation. 
  • Pragmatic Play marks International Women’s Day with $10,800 donation to SOAR.
Your Daily Asia Gaming eBrief: How gaming companies are getting involved in the metaverse

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