Casino
March 29, 2022
Macau Casino Concessionaires Pay $5.83M to Extend Licenses
Macau is agog as the special administrative region is working hard to re-regulate its gambling industry and create new mint conditions for concessionaires to operate in. This begins with the extension of existing licenses, set to expire on June 26, through the end of the year. However, Macau is offering each concessionaire the opportunity to […]
Casino
March 29, 2022
SJM and Melco Resorts to Shut Down Satellite Casinos in Macau
Macau is rapidly changing its gambling laws which means that any remaining concessionaire would have to comply with what is expected to be the biggest overhaul of gambling regulation in the special administrative region. Among those are SJM Holdings and Melco Resorts International which are shutting down several of their satellite casinos in a bid […]
Casino
March 29, 2022
New Jersey Investors Reportedly Interested in Purchasing a Saipan Casino
Two American investors are reportedly interested in operating a Saipan casino as told by the head of the Commonwealth Casino Commission (CCC) of CNMI. The Saipan Tribune reports that Andrew Yeom, the executive director of CCC, has been contacted by two New Jersey investors. Online and Land-Based Operations Are Being Considered The New Jersey investors […]
Casino
March 29, 2022
Police Find Baby of Filipino Woman Who Pawned It to Cover E-Sabong Debt
E-sabong has caused a lot of commotion in the Philippines. After the activity was licensed and welcomed by the country in 2021, there have been numerous developments ever since that have made authorities and even ordinary folk question the benefits of this gambling vertical. One of the most shocking developments over the past year has […]
Legal
March 28, 2022
PAGCOR Investigation Leads to Suspension of Suncity Group’s License
Suncity Group has been deemed as unsuitable to hold a license to operate Philippines junkets after an investigation in which customers were complaining about the company withholding funds from them. This represents the culmination of the investigation that was launched by PAGCOR back in August 2021. The Evidence Was Substantial According to the Gaming Regulator […]
Casino
March 28, 2022
The Philippines Suspends Suncity Group License, Offers Recovery Option
The Philippines has faced numerous challenges in regard to its gambling industry of late. The recently-regulated e-sabong vertical has turned out to be permeated by corrupt policemen and officials, leading to a spate of crimes. Yet, the Philippines has been actively trying to do the right thing on all levels of the industry and the […]
Casino
March 25, 2022
Prefecture Assembly in Osaka Shows Support for MGM IR Bid
MGM Resorts Japan’s plan for an integrated resort (IR) in Osaka gained traction after lawmakers in the prefecture approved a development plan. Osaka IR Project Takes a Step Forward On Thursday, lawmakers discussed the IR project in Osaka during a prefectural assembly. The project received broad support from members of the Liberal Democratic Party and […]
Business
March 23, 2022
IGT Extends Contract with Singapore Pools Once Again
Global supplier of iGaming solutions International Gaming Technology (IGT) has agreed to a six-year partnership with Singapore Pools Limited. As a result, IGT will be powering Singapore Pools’ lottery solutions through its dedicated Aurora system which is now rolling out across all shops in the country. Singapore Pools and IGT Continues to Carry On Together […]
Casino
March 23, 2022
Plgen Holdings Wants to Pursue Primorye Project in Russia
In the wake of the Russian invasion of Ukraine, many businesses have quit or stalled their plans in the country aggressor. NagaCorp was one of the latest companies to say that it would discontinue current plans, sit back, wait for the situation to develop and then decide what it can do about its planned integrated […]
Blockchain
March 21, 2022
India to Tax Crypto Same as Lottery Winnings
India is preparing to regulate its cryptocurrency industry – in fact, it’s already there, and the country is introducing a 30% tax that will apply to investor capital gains. The levy will be rolled out in April and it will be the first time that a formal law has been passed to try and finally […]