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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 […]
Casino
November 25, 2020
Nagasaki Sets Autumn 2021 Deadline for Private Partner Selection
Officials in Nagasaki prefecture announced Wednesday the restart of the request-for-proposal (RFP) regarding the selection of a private sector partner to participate with the local government in the national race for an integrated casino resort (IR). According to the new timetable released, the RFP which was put on the backburner in September will resume in […]
Legal
November 25, 2020
India: Gamblers in Goa Breach COVID-19 Restrictions
Residents of Goa, India are extremely concerned about their safety in light of the many tourists and local gamblers who do not follow the COVID-19 restrictions. Tourists and Local Gamblers in Goa Disregard COVID Restrictions Earlier this month, the casinos in the Indian state of Goa were allowed to reopen doors. After some seven months […]
Industry
November 25, 2020
Bernstein: Macau’s Recovery Goes through Mass Premium Sector
Sparkling casinos and world-renowned hotels welcome tourists in Macau, a former Portuguese colony that has now become a Special Administrative Region of the People’s Republic of China. Travellers particularly appreciate the mix of Las Vegas-style rhinestones and rich history. As tourists are not all there for gambling, specialists said that there still was a parallel […]