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Industry
October 4, 2024
JP Morgan Foresees $2.5bn-$5bn Annual Revenue for Bangkok’s IRs
Thailand, a country that strictly bans gambling except for state-controlled horse races and an official state lottery, will soon hit the refresh button in this department thanks to an important preliminary framework from the Parliament endorsed by Prime Minister Srettha Thavisin’s cabinet in April. The daring framework, which included up to five licenses for IRs […]
Industry
October 3, 2024
Casino Dealer Tucks Chips in Pants, Gets Sent to Prison
According to prosecutors in the Southeast Asia island city-state of Singapore, a card dealer at the Resorts World Sentosa (RWS) casino made off with at least S$55,000 ($42,800) in chips by setting up a hand scheme. To evade detection, the man, identified as 35-year-old Oumnakil Thanakorn originally from Thailand, used the help of two women […]
Industry
September 30, 2024
Morgan Stanley: UAE Casinos Could Rival Singapore
Finance experts are optimistic about the future of casino gaming in the United Arab Emirates, believing the local industry could challenge long-established gambling hubs such as Singapore. Morgan Stanley Analysts Are Optimistic According to Morgan Stanley, an American multinational investment bank and financial services company, casino resorts in the UAE could potentially generate gross gaming […]
Industry
September 27, 2024
Bahawalpur Police Arrest 13,000 Offenders, Including 312 Gamblers
Bahawalpur Police have arrested a whopping number of 13,881 suspects in the last half a year, recovered stolen cash, and seized property with an estimated worth of more than Rs110 million ($1.31 million). The long list included 2,705 individuals with links to criminal advertisements as well as 365 court absconders and more than 300 gamblers. […]
Industry
September 25, 2024
Man Digs up Family Member’s Grave, Seeks Ransom to Cover Gambling Debt
Many people affected by problem gambling may resort to unlawful activities. Pushed by a crippling addiction, gamblers can consider stealing, engaging in fraudulent actions or even shooting a coworker over an unpaid gambling debt. In a recent shocking case from Vietnam, one man thought that it was a good idea to extort his relatives by […]
Sports
September 24, 2024
Court Stops Pakistan Cricket Board from Signing Gambling Sponsorships
Gambling sponsorships with professional sports leagues across the globe enable operators to reach new audiences. In some cases, those audiences are located in markets where iGaming or sports betting isn’t permitted, and this can result in a range of implications. A similar case involving the Pakistan Cricket Board (PCB) saw a court in the country […]
Sports
September 24, 2024
Soccer Pro Exposes China’s Match Fixing Problem
A professional soccer player from China has had enough of all the match-fixing going on. In an interview with The South China Morning Post, the player provided insight into the severity of this problem. The Pandemic Exacerbated the Issue The player, who preferred to remain anonymous, said that the pandemic provided ample opportunities for coaches […]
Industry
September 19, 2024
Thai Boxer Sutthiwat Arrested for Promoting Gambling on FB
Thailand is one of the countries where the fight against unlicensed online gambling has been intertwined with talks regarding the potential legalization of casino gaming for years. In April, the country located in the heart of Southeast Asia introduced a fresh policy that would deem illegal gambling operations as serious economic crimes. Between October 2023 […]
Legal
September 18, 2024
PAOCC Re-Evaluates Witness Statements in Mass Grave Discovery Case
The Department of Justice (DoJ) in the Philippines has started an official investigation into the alleged mass graves that were revealed as a result of a raid at Lucky South 99, a Philippines Offshore Gaming Operator (POGO) located in Porac, Pampanga. The discovery was possible with help from prosecutors, Philippine National Police Criminal Investigation and […]
Sports
September 18, 2024
2024 Singapore Grand Prix Formula 1 Odds, Time, and Prediction
It’s been almost three months since defending Formula One champion Max Verstappen won a race. Is it time for him to end his winless run? Judging by the 2024 Singapore GP odds, the answer is no. He’s fifth on the list of top favorites to win at Marina Bay Street Circuit. Maybe he can upset […]
