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Gambling News - 'Asia'
Industry
September 6, 2021
PAGCOR Shorted Almost $28 Million in POGO-based Fees and Dues
The Philippines has had a lot of difficulty due to the COVID-19 pandemic and hasn’t, until very recently, started to see limited signs of recovery. This has taken a toll on the country’s gaming industry, which also affects the amount of money the Philippines has to work with. The Philippine Amusement and Gaming Corp. (PAGCOR), […]

Casino
September 3, 2021
Casinos in Boracay Could Come Sooner than Expected
Just days after a moratorium on new casino construction in the Philippines was lifted, two projects are possibly in the works. One is a resort that was forced to stall due to COVID-19 and the moratorium, while the other is a new property. Expected launch dates haven’t been revealed; however, with the idea that they […]

Casino
September 2, 2021
Macau’s GGR Drops in August, but Recovery Could Be Coming
As Macau continues to struggle with its COVID-19 recovery, the numbers are much lower than previously expected. New bouts of the coronavirus, including through the Delta variant, are hurting efforts to rebound and August didn’t bring much relief. According to analysts, September won’t be any better, either, but October could finally result in a welcome […]

Industry
August 30, 2021
New Casino for the Philippines Confirmed After Moratorium Lifted
The COVID-19 has caused economic hardships on every level and it doesn’t look like things are ready to get back to normal yet. The Delta variant is continuing to cause issues, but the pandemic has also helped open the doors to new gambling opportunities that perhaps would have never been explored before. The Philippines, previously […]

Casino
August 27, 2021
Wakayama, Clairvest Cement Partnership for Integrated Resort
Even as there is still a lot of concern about the future of integrated resorts (IR) in Japan, one location determined to be among the first to host casino gambling isn’t slowing down. The Wakayama prefecture has finalized its negotiations with its selected casino operator, a consortium led by Clairvest Neem Ventures, to bid for […]

Industry
August 26, 2021
Hong Kong Customs Busts Major Money Laundering Operation
Five men have been arrested for money launder when trying to cross the Hong Kong-Zhuhai-Macau Bridge. Hong Kong customs officers claim that the men participated in operations that illegally transported over $22 million in cash that is believed to have been acquired through fraud. The case was reported by the Hong Kong Government itself. A […]

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 […]
