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Industry
November 7, 2023
Marina Bay Sands Confirms 665,000 Customers Hacked
The leading integrated resort located at Marina Bay in Singapore, Marina Bay Sands, confirmed that it has become the latest victim of a cyberattack. The company sent an email signed by its chief operating officer, Paul Town, to some of its customers, revealing that it has uncovered a personal data breach of its Sands LifeStyle […]
Industry
November 6, 2023
Thai Police Uncovers Infamous UFAV8 Online Gambling Hub
During a press conference held last week, the Thai Cyber Crime Investigation Bureau (CCIB) revealed the results of a raid on UFAV8, an infamous online gambling den. The hub had been targeted by an extensive investigation aimed at cracking down on online gambling platforms. UFAV8 has been exposed as a complex, multi-million baht gambling network […]
Legal
November 6, 2023
Georgia’s PM Announces 15% Gambling Business Tax Rise
During a government meeting held last week, Georgia’s Prime Minister, Irakli Gharibashvili, announced his cabinet had submitted a fresh initiative to the parliamentary majority with regard to a series of changes in the way gambling businesses are being taxed. The Tax Changes, Expected to Bring Extra Money to the Budget PM Gharibashvili has announced that […]
Industry
November 6, 2023
India Enforces Block against 22 Illegal Websites and Betting Apps
Countries across the globe continuously fight against illegal gambling. Such activities can include illegal retail slot machines, as well as sports wagering or illegal iGaming activities like slots, bingo, poker and others. While the popularity of iGaming continues to grow, the back market also flourishes. India is one of the countries that constantly fights illegal […]
Industry
November 6, 2023
Ten Detained after Casino Chips Theft at Genting Highlands
Nearly a dozen people, allegedly involved in a theft of casino chips at one of Genting Malaysia’s casinos, were arrested recently. The robbery occurred at Genting Highlands, a premium entertainment and gaming property operated by the leading gaming company. Approximately MYR4.6 million, a sum close to $1 million, in the form of chips, was stolen […]
Industry
October 31, 2023
Philippine Senate Reiterates Need for Offshore Operators Ban
As a result of a recent raid on a Pasay City building located along Williams Street conducted by a task force under the leadership of the Presidential Anti-Organised Crime Commission (PAOCC) together with the Department of Justice, law enforcement officers in the Philippines have set free 731 workers. Most of them were Chinese, along with […]
Sports
October 27, 2023
Fun88 Names Tony Parker Brand Ambassador for Asia
The fast-growing Asian sports betting operator and powerhouse, Fun88, expanded its roster of brand ambassadors by joining forces with Tony Parker, the famous Hall of Famer and recognizable NBA superstar. The latest partnership, announced Friday, sees the basketball pro become an official brand ambassador for Fun88 in Asia. Under the terms of the fresh collaboration, […]
Industry
October 27, 2023
Gambling Tax Increase in India May Shake the Sector
Earlier this year, lawmakers in India pushed forward a significant change in the taxation for online gambling. At the time, the regulatory body in charge of recommendations to the implementation of the Goods and Services Tax (GST), the Goods and Service Tax Council, greenlighted a proposal for the introduction of a 28% tax applicable for […]
Industry
October 25, 2023
Philippine Government Issues Memorandum Circular in Hopes of Exiting the FATF Grey List
Bullish on exiting the Financial Action Task Force (FATF) grey list, the Philippine government ordered 44 government agencies to update their policies. As a result, a number of authorities, including the PAGCOR, will be required to review their anti-money laundering (AML) and counter-terrorism financing (CTF) protocols. Under a Memorandum Circular No. 37, issued by the […]
Legal
October 23, 2023
Macau Court Confirms Ex-Junket King Chau Prison Sentence
In January, the 49-year-old founder and chief executive officer of casino junket Suncity Group Ltd., Alvin Chau, was indicted for fraud, criminal association, money laundering, and illegal gaming. Some 20 other people were indicted for the same crimes. While the former CEO was not convicted of money laundering at the Court of First Instance, he […]
