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Industry
August 26, 2021
Japan Might Not Initially Approve Three IRS as Previously Expected
Several years ago, when Japan’s ruling Liberal Democratic Party (LDP) found enough support for its plan to introduce integrated resorts (IR) to the country, excitement was very high. Casino operators from around the world immediately jumped at the opportunity to be part of the new market, with most larger – and a few smaller – […]
Blockchain
August 25, 2021
The Philippines Wants to Tax Blockchain Games Player Income
Axie Infinity’s continuous success has prompted Philippine authorities to ask if players must pay income tax on their earnings in the game. Axie Infinity Player Revenue Soars as Income Tax Questions Mount As the play-to-earn model has come to salience around the world, blockchain-powered games such as Axie Infinity have been able to capitalize on the demand […]
Casino
August 25, 2021
Participation in Illegal Gambling Gets Hong Kong Policeman and Others to Court
An illegal casino was busted by the Hong Kong police. Located in the Selwyn Factory building in Kwun Tong, one of the city’s eighteen districts, the gambling space provided betting games for dozens of people. A police action swept the 1,600 square-foot improvised casinos and arrested 48 people in total. One of them surprisingly was a police officer from […]
Sports
August 24, 2021
EvenBet Gaming Adds Asian Sportsbook Giant SBOBET to Portfolio
EvenBet has announced a new partnership with the Philippines-based top sportsbook platform, SBOBET. EvenBet Gaming Goes Strong in Asia EvenBet Gaming has increased its presence in the Asian gaming market after securing an agreement with SBOBET sportsbook to include it into its gaming platform. SBOBET is a Philippines-based sportsbook platform and a top leading player in the Asian industry. The deal will offer a […]
Industry
August 23, 2021
Yokohama Set to Officially Drop from Japan IR Race as New Mayor Steps In
After spending the past two years preparing to compete for one of the first three integrated resort (IR) properties in Japan, Yokohama is bowing out. Despite millions of dollars having been invested and several high-profile casino operators in the running, the city’s efforts to host an IR have come to an abrupt end. A new […]
Industry
August 19, 2021
Nagasaki May Have Been Playing Games with IR Candidates All Along
In any competition, there is always a winner and loser and it’s not uncommon to find the losers lashing out, sometimes throwing wild accusations of cheating or fraud. In the Nagasaki integrated resort (IR) race in Japan, those accusations began even before the contest was over and they’re not slowing down. If anything, they’re developing […]
Business
August 17, 2021
PAGCOR Investigates Suncity Group Over Missing Player Deposits
Suncity Group may have tripped over itself. The junket operator, and backer of a multimillion-dollar resort project in the Philippines, is reportedly under investigation by the Philippines Amusement and Gaming Corp. (PAGCOR) after allegedly receiving complaints from some of Suncity’s customers that they haven’t been able to withdraw their funds. While delays and technical glitches […]
Industry
August 16, 2021
Former Big Bang Member Seungri Sentenced to 3 Years in Prison
A former K-pop star was sentenced to jail by a military court in South Korea for crimes among which are included illegal gambling at foreign casinos and arranging illegal sexual services. Soliciting Sexual Services Former member of boy band Big Bang Lee Seung-hyun, known as Seungri, was sentenced to three years in jail for arranging […]
Industry
August 16, 2021
Macau Records Lowest Weekly GGR Since September 2020
Macau’s casinos have recorded the lowest weekly gross gaming revenue since September 2020. Macau Casinos’ Weekly GGR Down by 37% On Monday, Sanford C. Bernstein Ltd, an investment research and institutional asset management company, reported that there was a decline in Macau casinos’ weekly gross gaming revenue (GGR). Due to the pandemic, the GGR dropped 37% week-on-week, from […]
Business
August 16, 2021
Mobile Sports Betting in the Philippines Expands with MegaSportsWorld Approval
It’s been a tumultuous time for the Philippines, unable to come out from under the relentless attack of COVID-19. Casinos in some parts of the country have been forced to shut down or reduce operations in an effort to thwart the virus, but the decline in land-based gaming has been a catalyst for online gaming […]