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Sports
December 27, 2021
Bangladesh Premier League Reportedly Investigating Match-Fixing Approach
Just like any other sport on the planet, cricket is also the object of inappropriate approaches by match-fixers who are keen on stilting individual aspects of a game to elicit a huge payday at the bookies. Now, according to a report published by The Daily Sun, a cricketer who is currently playing in the Dhaka […]
Industry
December 27, 2021
Macau Casino Stocks Get a Boost as City Provides 2022 Gaming Update
Gaming operators with a presence in Macau received a last-minute Christmas gift last week. Only weeks after analysts set a reduced revenue forecast for Macau in 2022, the city provided an update on what is likely coming with new gaming laws. That revelation made analysts a little more optimistic, which, in turn, made investors optimistic. […]
Business
December 23, 2021
Melco Brings in Hotel Heavyweight Marriott to Help with Studio City Project
Even as Macau’s gaming future has a certain air of uncertainty surrounding it, casino operators continue to push forward as if everything is normal. In some cases, it’s obligatory. Melco Resorts International already has a lot of money invested in its Studio City property and will see it through to the end. To help support […]
Legal
December 22, 2021
Thailand: Police Arrests Gamblers, Takes Down Illegal Online Gambling Operation
More than 20 people were arrested and nearly $3 million in assets were seized in two police operations in Thailand earlier this week. The first operation took place in a townhouse located in Hat Yai district on Monday. A day later, on Tuesday, a second police raid in four lower northeastern provinces took place. 16 […]
Business
December 22, 2021
Wynn Macau to Break Off Marriage with Junkets
Earlier this year, Wynn Resorts announced that it was likely going to put some distance between its Wynn Macau arm and junket operators. Following the drama surrounding Suncity Group over the past month, the casino operator is ready to fulfill that statement. Junket Ops Dying in Macau Linda Chen, the vice-chairman and chief operating officer […]
Industry
December 21, 2021
Golden Triangle Casino in Laos Under Fire Over Prostitution Claims
Many young Laotian women are drawn to the China-run Golden Triangle Economic Zone in north Laos to find work and a decent living. However, what they find once they arrive is not what they bargained for. According to a Radio Free Asia report, they are forced into prostitution and, in some instances, sold to other […]
Industry
December 16, 2021
Macau Optimistic on Casino Concession Approvals in 2022
The Macau government seems like it is pushing to finish the re-tendering process of gaming concessions before current licenses expire next year. Lei Wai Nong, the Secretary for Economy and Finance, stated that details will soon be announced. Casino Tenders a Sensitive Subject According to Inside Asian Gaming, Lei spoke to the media after this […]
Industry
December 16, 2021
Junkets to Survive Without Chinese Gamblers, Asserts Expert
Davis Fong, a gaming professor and former lawmaker in Macau, believes that junket operators in the city can survive and thrive. All they need to do is redirect their attention away from mainland Chinese customers to Hong Kong and Southeast Asia, IAG reports as it cites Fong and his outlook for the industry in the […]
Casino
December 15, 2021
New Philippines Casino Launching Today in Clark Freeport Zone
Hann Casino Resort in the Clark Freeport Zone, Philippines is opening its doors today, according to an announcement by its developer, Hann Philippines Inc. This new plan involves the expansion and rebranding of the former Widus Hotel & Casino complex through an investment of $238.3 million by Hann Philippines. Clark Continues to Expand In addition […]
Industry
December 15, 2021
Analysts Lower New-Year Outlook for Macau by 30%
Morgan Stanley is now less optimistic about Macau’s continued strengthening in 2022. As a result, the financial firm’s analysts have reduced the expected gross gaming revenue (GGR) for the city by 30% to $15 billion. Macau Has a Long Road Ahead Although the institution noted a “choppy recovery,” it said that there are still “overhangs” […]