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Business
December 10, 2024
Philippine Gambling Sector on Track for $6B Revenue in 2024
The gambling sector in the Philippines is expected to continue growing, surpassing the reported gross gaming revenue (GGR) in 2023. That’s the opinion of the chairman of the Philippine Amusement and Gaming Corporation (PAGCOR), Alejandro Tengco, who recently spoke to reporters. GGR to Continue Growing, Plan to Ban POGOs Underway The target set by PAGCOR […]
Legal
December 9, 2024
Indonesia Arrests Man Suspected of Laundering Illegal Gambling Proceeds
A Chinese national believed to be a part of an illegal gambling syndicate has been arrested in Indonesia. The man, who’s been sought by the Chinese authorities for some time, is also believed to have laundered millions of dollars from the illegal operation. Criminal with Ties to Illegal Gambling Has Been Arrested Beijing had issued […]
Industry
December 6, 2024
Malaysia Targets Online Gambling in Proposed Cybercrime Law Amendments
Malaysia aims to toughen up its cybercrime laws by making big changes to the Communications and Multimedia Act 1998 (CMA). This move comes as the government tries to handle the rise in online crimes such as illegal betting, scams, and other damaging digital acts. Amendment Bill Introduced to Strengthen MCMC’s Authority Communications Minister Fahmi Fadzil […]
Legal
December 5, 2024
POGOs Skirt Crackdown with Dozens Still Up and Running
New media reports have surfaced that the POGO sector in the Philippines has not been completely shuttled following Executive Order 74, a Presidential decree that essentially criminalized the activity and outlawed it last month. POGOs Remain in Business but the Clock Is Ticking Fast forward to December, and some operators continue to operate. As many […]
Industry
December 2, 2024
Indonesia Pushes for Teen Rehabilitation from Online Gambling
The fight against illegal gambling is intensifying in countries across Asia. With many prohibiting land-based and online gambling activities, illegal offering is a constant threat that results in losses and even affects children. Only recently, thousands of bank accounts, suspected of links to iGaming activities were suspected in Indonesia. Now, the country’s Youth and Sports […]
Industry
December 2, 2024
Macau Anticipates Changes to Economy Under New Leadership Strategy
The gambling sector represents a major part of the tax revenue in Macau, China’s special administrative region where the activity is legal. With approximately 80% of the revenue coming from gambling activities, the region hinted at plans to shift its focus from gambling to tourism, entertainment, leisure and hospitality. The aforementioned plan was first announced […]
Industry
November 28, 2024
South Korea: Police Busts Illegal Gambling Ring, Arrests Hundreds
In a major operation against illegal gambling, police in South Korea detained operators, while also arresting close to 200 gamblers. Law Enforcement Investigates Illegal Gambling Ring The unlawful gambling operation reportedly was launched by a man in his 50s in July last year. Recognized as the mastermind behind the operation, the man engaged with an […]
Industry
November 28, 2024
Malaysia Urged Facebook to Remove Gambling and Scam Posts
Social media enables advertisers to reach targeted audiences in markets across the globe. The multi-billion-dollar sector continues to grow, and many advertisers turn to platforms such as Facebook, Instagram, YouTube and TikTok to promote their products and services. However, there’s a dark side to advertising on social media and that is when such resources are […]
Industry
November 25, 2024
Thousands of Bank Accounts Linked to iGaming Blocked In Indonesia
Indonesia, similar to other countries in Asia, is taking proactive measures against gambling activities. Since gambling, both online and via retail outlets is prohibited, the country constantly fights the illegal gambling sector. In the fight against unlawful gambling, Indonesia has taken a tough stance with the help of financial institutions, including banks and other providers […]
Industry
November 21, 2024
Thai Gambling Addict Sentenced to Death After Poisoning 15 People
Recently, we told the story of a Thai woman who killed one of her friends, severed her fingers to take rings and stole jewelry to settle a gambling debt. The shocking case led the police to a 57-year-old woman who was subsequently arrested and is facing trial. Now, another woman in Thailand, addicted to gambling […]
