Industry
October 11, 2024
Japan: Two Men Suspected in $1M Fraud, Gambling Linked to One
Two men are suspected of defrauding a company out of more than 100 million yen and at least one of them is suspected to have spent money on entertainment activities, including gambling. Fictitious Orders Result in Losses in Millions of Yen The criminal case is from Japan where a 51-year-old man identified with the initials […]
Industry
October 11, 2024
South Korea’s Kangwon Land Aims to Become Global Integrated Resort
Across the globe, integrated resorts (IRs) help gather live entertainment, gaming, hospitality and other amenities, all available at a single location. Helping attract tourists from all across the globe, such establishments are an important business driver, creating not only new jobs but contributing millions and even billions to local economies. Kangwon Land Intends to Continue […]
Industry
October 10, 2024
Indonesia Blocks 3.8M Online Gambling Sites in 14 Months
After its government announced it would take decisive action against digital payment service providers engaging with online gambling operators as a means to fight off black market sites, Indonesia has reached a new milestone in its endeavor. The country in Southeast Asia has announced that it managed to successfully block 3,796,902 online gambling platforms between […]
Industry
October 9, 2024
Public Hearings in Thailand Yield 45 Key Suggestions for IR Bill
Integrated resorts (IRs), offering luxury accommodation, entertainment, shopping and gambling amenities enjoy a growing popularity across the globe. Despite the strict regulations regarding casino gambling across Asia, IRs are identified as a popular form of business that can boost tourism and generate additional tax revenue. FPO Completes Public Hearings on Integrated Resort Proposal Thailand is […]
Industry
October 8, 2024
Man Arrested for Allegedly Selling Baby, Using Money for Gambling
Problem gambling can push many people into a range of different crimes. From fraud to acts of violence such as robberies or shootings, gamblers can go to great lengths to fuel their addiction. In some cases, unthinkable crimes are uncovered, and this is precisely what happened in Jakarta, Indonesia. The Infant Was Sold for 15 […]
Industry
October 8, 2024
Macau Records 1.1M Visitors During Golden Week
Macau authorities announced that it approximately 1.1 million people have visited the special administrative region during the National Day holiday period known as Golden Week. This figure exceeded the projected target of 130,000 daily arrivals. Visitation Increased Dramatically The period between September 29 and October 6 saw a daily average of 138,000 visitors and is […]
Industry
October 4, 2024
JP Morgan Foresees $2.5bn-$5bn Annual Revenue for Bangkok’s IRs
Thailand, a country that strictly bans gambling except for state-controlled horse races and an official state lottery, will soon hit the refresh button in this department thanks to an important preliminary framework from the Parliament endorsed by Prime Minister Srettha Thavisin’s cabinet in April. The daring framework, which included up to five licenses for IRs […]
Industry
October 3, 2024
Casino Dealer Tucks Chips in Pants, Gets Sent to Prison
According to prosecutors in the Southeast Asia island city-state of Singapore, a card dealer at the Resorts World Sentosa (RWS) casino made off with at least S$55,000 ($42,800) in chips by setting up a hand scheme. To evade detection, the man, identified as 35-year-old Oumnakil Thanakorn originally from Thailand, used the help of two women […]
Industry
September 30, 2024
Morgan Stanley: UAE Casinos Could Rival Singapore
Finance experts are optimistic about the future of casino gaming in the United Arab Emirates, believing the local industry could challenge long-established gambling hubs such as Singapore. Morgan Stanley Analysts Are Optimistic According to Morgan Stanley, an American multinational investment bank and financial services company, casino resorts in the UAE could potentially generate gross gaming […]
Industry
September 27, 2024
Bahawalpur Police Arrest 13,000 Offenders, Including 312 Gamblers
Bahawalpur Police have arrested a whopping number of 13,881 suspects in the last half a year, recovered stolen cash, and seized property with an estimated worth of more than Rs110 million ($1.31 million). The long list included 2,705 individuals with links to criminal advertisements as well as 365 court absconders and more than 300 gamblers. […]
