Sports
May 16, 2022
Illegal Gambling Possibly Accounts for 80% of Betting in Asia
Illegal gambling is here to stay for the time being a new worrying report from the Asian Racing Federation explains, cited by Asia Gaming Brief. The 94-page work focuses on the proliferation of illegal and unlicensed gambling websites that are leading to increased gambling harm, loss of financial and personal data, and undermining the integrity […]
Legal
May 16, 2022
Macau Considers Tax Breaks for Concessionaires Who Bring Foreign Gamblers
Macau’s Legislative Assembly Second Standing Committee has discussed the possibility of reducing tax rates for concessionaires who attract foreign players on their grounds. This comes shortly after the government of this special administrative region introduced stricter rules for the gambling industry at the start of April. Visitors Have a Hard Time Going to Macau During […]
Casino
May 16, 2022
Vietnam Becomes Latest SEA Nation to Remove COVID-19 Restrictions
Vietnam has become the latest Asian country to ease up on its COVID-19 measures in a bid to bring in international travelers and restart its land-based gambling industry. The country is now dismantling its border restrictions introduced due to the pandemic and will seek to court travelers, tourists, and gamblers back. Vietnam Removes COVID-19 Restrictions […]
Legal
May 16, 2022
Bill Change Lets Macau Satellites Work Past Grace Period
Macau’s satellite casinos will be allowed to operate even after the elapse of the previously-agreed three-year grace period. Andrew Chan Chak Mo, president of the Second Standing Committee of the Macau Legislative Assembly, announced so on May 13. Satellites Will Be Able to Operate After the 3-Year Period As discussions about the future of gambling […]
Industry
May 13, 2022
Cambodia Border Casinos Lack Manpower to Reopen
Casinos at Cambodia’s borders have been hit with quite a unique problem as local media reports that they are facing labor shortages. That is the reason why they remain closed and they struggle to resume their operations. COVID-19 Cases Have Dropped, but Casinos in Poipet and Bavet Are Still Closed The main reason why border […]
Casino
May 13, 2022
China Strengthens Anti-gambling Measures with Selective Travel Restrictions
Gamblers in China were dealt yet another blow by COVID-19-related government measures. Along with restricting all outbound travel, the Chinese National Immigration Administration (NIA) requests the same stringent rules apply to all “gambling-related persons”. The cited reasons all revolve around the new severe waves of COVID-19 cases in Beijing and Shanghai. A few policies about […]
Casino
May 12, 2022
PAGCOR Releases Q1 Results, Gambling in the Philippines Shows Recovery
The first quarter of 2022 has been fruitful for the Philippines as gross gaming revenue has grown by 29.6% compared to the same period last year. Results showed that the country’s land-based gambling operations generated a total of PHP30.02 billion ($572.49 million). The Lift on COVID-19 Restrictions Helped the Philippine Gambling Industry a Lot COVID-19 […]
Casino
May 12, 2022
IGT to Launch Advantage CMS at Nustar Resorts and Casino
International Game Technology continues to scale its offer globally with the company announcing a tie-up with the Nustar Resorts and Casino in Cebu. The resort is scheduled to open doors later this year with IGT making its mark in the Philippines by bringing its bespoke Advantage casino management system. IGT to Deploy Cabinets and Dedicated […]
Industry
May 12, 2022
Suncity Group Starts Unwinding Subsidiaries to Lenders
Troubled junket operator Suncity Group filed with the Hong Kong Stock Exchange (HKSE) Tuesday to inform the exchange that the company had reached an agreement to sell Goal Explore Investment Limited and Boshing Investments Limited Selling Indebted Businesses for Nominal Value Suncity Group, which recently had its junket license suspended by the Philippine Amusement and […]
Casino
May 11, 2022
Wynn Macau Ltd Feels the Heat of Lockdowns and Missing VIPs
Wynn Macau Ltd will have to face the facts, and the facts are that the long-term revenue has been impacted by the spate of regulatory changes introduced in the special administrative region. While the company has been more than happy to comply with all existing regulatory prerequisites, the return to profitability will be a somewhat […]
