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Casino
December 28, 2020
Mohegan Gaming Faces Delay to South Korea’s Inspire Casino Resort Due to Covid-19
Inspire Entertainment Resort at Incheon, South Korea, is suffering due to Covid-19 pandemic, which has hit the global casino industry and has halted the construction of the Midan City resort, backed by Caesars and Inspire Resort. Mohegan Postpones Phase 1 of Inspire Project to 2023 US tribal casino operator Mohegan Gaming and Entertainment said that […]
Legal
December 27, 2020
RFP for an Integrated Resort in Nagasaki to Start on Jan 7
A request for a proposal for an integrated resort will launch on January 7, 2021, revealed the Prefecture in Nagasaki, Japan. With the RFP launch, Nagasaki would become the third Prefecture to initiate the process, following Osaka and Wakayama. RFP for an IR in Nagasaki Starts on January 7 Next Year The Prefecture in Nagasaki, […]
Blockchain
December 26, 2020
Industry Disagrees with Hong Kong’s Planned Crypto Regulation
The Bitcoin Association of Hong Kong disagrees with the city’s wave of crypto regulations and warns that they may hurt the city’s innovation and financial inclusion. Hong Kong May Overregulate Crypto The Bitcoin Association of Hong Kong has criticized the city’s cryptocurrency regulation plan. The association is appealing to regulators to reconsider the potential impact […]
Business
December 25, 2020
I3 Interactive Secures Majority Stake in LivePools in India
India is one of the main growth trajectories for I3 Interactive which has purchased a 51% stake in fantasy betting platform LivePools to cement its presence in the country. BlitzBet Parent Company Secures Majority Stake in LivePools I3 Interactive is shifting its focus on the Indian iGaming platform market with a majority stake in LivePools, […]
Industry
December 20, 2020
Macau November Tax Revenue Up 203% Compared to October
A glimmer of hope for the fading casino industry in Macau was given by the latest financial data release by the city’s Financial Services Bureau, showing Macau government collected two times more in tax revenue in November compared to October. November Twice as Good as October The government in the Special Administrative Region (SAR) of […]
Casino
December 14, 2020
Japan National IR Casino Opening Pushed Back Beyond 2025
Plans for opening the first integrated casino resort in Japan suffered a setback after an official announcement at a joint sub-committee meeting pushed the original 2025 date for the second half of the 2020s. IR Casino Opening Delayed to Late 2020s The Japanese government admitted it would not be able to have its first IR […]
Casino
December 11, 2020
Nagasaki Invites More IR Interest Ahead of the RFP Re-Launch
Officials from Nagasaki prefecture hinted at the possibility of extending the number of candidates to partner the prefecture in the development of an IR casino, a Thursday report in the Nagasaki Shimbun newspaper revealed. Japan’s prefecture is among the serious contenders to win one of the three integrated casino slots available nationwide. New IR Interest […]
Business
December 6, 2020
Kyushu IR Promotion Council Will Seek to Boost Local Economy
Hodo Nakamura, governor of Nagasaki prefecture, stated that the Kyusu IR Promotion Council would be set up in late January or early February. Mr Nakamura commented on the likely date for setting up the administrative body during a Tuesday plenary session of the prefectural assembly. Buy Locally to Boost Local Economy The purpose of the […]
Casino
November 29, 2020
Gaming-Related Crime Levels in Macau Drop Along with Footfall
Gaming-related crime levels in Macau for the first 9 months of 2020 registered a year-on-year decrease in a number of categories, the latest data released by the Office of the Secretary of Security showed. Unlike in previous data releases by the authorities, the latest announcement did not provide an overall figure for gaming-related crime during […]
Business
November 25, 2020
Philippine Gross Gaming Revenue Increases by 600% in Q3 2020
In the third quarter of 2020, PAGCOR’s GGR increased significantly when compared to Q2 2020. However, a year-on-year comparison for Q3 reveals a decrease of 70% in gaming revenue. PAGCOR Q3 GGR Increases from Q2 2020 Earlier this week, the Philippine Amusement and Gaming Corporation (PAGCOR) revealed the latest numbers outlining the gross gaming revenue […]