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Industry
June 20, 2024
Indonesia Will Not Provide Social Aid to Online Gamblers
Indonesia President Joko Widodo (Jokowi) announced that the government would not provide social assistance to online gamblers. During a Wednesday address, following an irrigation inspection, he firmly confirmed that the country will provide no aid to those harmed by online gambling practices. “No aid,” the president said, emphasizing his conviction. Several days ago, Muhadjir Effendy, […]
Business
June 19, 2024
MGM China Confirms International Notes Offering for Professional Investors
The leading entertainment and casino operator that owns a luxury resort in Macau, MGM China Holdings Ltd., confirmed its plans to issue notes to professional investors internationally. The announcement came as a part of a Hong Kong Stock Exchange filing released earlier this week. In its filing, MGM China revealed that by issuing notes to […]
Blockchain
June 18, 2024
Gambler Charged for Betting on Taiwan Election via Crypto Site
A man in Taiwan has been accused of allegedly using a crypto betting site to wager on this year’s elections. According to prosecutors from the Shilin District Prosecutor’s Office, a man with the surname “Chen” used the Polymarket platform to wager on the result of the elections that ended on June 13. The same Prosecutor’s […]
Industry
June 18, 2024
Macau Diversifies Away from Gambling with New Gourmet Twist
In order to expand its economy, Macau has made a strategic decision that involves its well-known culinary status as a way of attracting tourists other than the usual casino visitors. Macau to Exploit UNESCO Gastronomy Status Macau was named a “City of Gastronomy” by UNESCO in 2017 and it intends to leverage this recognition by […]
Industry
June 18, 2024
PAGCOM Could Replace PAGCOR as Philippines Consider Revived Bill
A new bill could replace the Philippine Amusement and Gaming Corporation (PAGCOR) with a new regulatory body as lawmakers seek to reform the Asian country’s gambling sector. The PAGCOR, for context, is a 100% government-owned entity that is currently in charge of regulating gambling. House Bill 3559, which was introduced in August 2022, seeks to […]
Industry
June 14, 2024
Indonesia Looking to Stop Illegal Gambling Following Disturbing Murders
As a result of a disturbingly large number of gruesome murder cases allegedly connected to online gambling in the last few months, Indonesia has announced it would increase its efforts to put an end to illegal gambling. The reported deaths were reflective of the challenges that anti-gambling enforcement is currently facing in the country. President […]
Sports
June 14, 2024
Stop Gambling Foundation in Thailand Predicts Rise in Euro 2024 Betting
It is not uncommon for important sports events across the globe to result in spikes in betting activities. High-profile soccer, baseball, football, basketball and other competitions attract millions of sports fans, some of which turn to wagering for the first time. UEFA Euro 2024, one of the most-anticipated soccer events this year, is set to […]
Industry
June 11, 2024
Singapore Hands Another Prison Sentence in Anti-money Laundering Case
Last summer, Singapore conducted a massive police operation that included raids in many locations. With the raids, law enforcement sought to dismantle a criminal organization that was involved in money laundering and illegal gambling. The police operation resulted in the arrest of 10 foreign nationals. On Monday this week, the last person out of the […]
Industry
June 5, 2024
Fruit Seller Pleads Not Guilty to Chips Theft from Genting Casino
A seasonal fruit trader was recently charged over alleged theft from Genting Highlands Berhad dating back to October this year. The case involved a 45-year-old man with the initials L.K.K., who was accused of breaking into a casino belonging to the company and stealing chips, The Star reports. The suspect faced charges along with three […]
Business
June 4, 2024
AGA CEO Expects Asian Market Growth Due to High Interest in Life Experiences
Bill Miller, the president and chief executive officer of the premier national trade group for the US casino industry, the American Gaming Association, has expressed his views on the future of gaming jurisdictions in Asia. Miller said he expects these jurisdictions to hold on to their strong growth momentum in the years to come, stimulated […]
