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Casino
July 3, 2023
Macau Posts MOP$15.52B in June GGR, YTD Reaches 54% of 2019
Gaming in Macau registered its first month with a decrease in gross gaming revenue (GGR) on a subsequent basis since all travel restrictions for the Special Administrative Region (SAR) of China have been lifted. Recovery Slowing Down but Strong The monthly Games of Fortune statistics report published by the Gaming Inspection and Coordination Bureau (DICJ) […]
Business
July 3, 2023
Novomatic Expands Asia-Pacific Presence with New Partnership
This strategic collaboration aims to strengthen Novomatic’s market presence in some of its most promising jurisdictions, capitalizing on the Asia-Pacific region’s thriving gaming sector. The two companies will leverage their mutual strengths to effectively Novomatic’s innovative gaming products and solutions, ensuring a wider reach and increased accessibility for its offerings. Both Companies Will Leverage Their […]
Legal
July 3, 2023
China Shuts another Gambling Ring, Arrests 93 People
China, which prohibits gambling outside of certain regions, has cracked down on yet another illegal gambling operation. Following enforcement action carried out this weekend, the police arrested 93 people and seized around $125 million (figure has been converted to USD). As a result of the raid, the illegal iGaming platform is no longer available. Investigators […]
Blockchain
July 3, 2023
Philippines Targets Company Linked to Alleged Crypto Scams
PAGCOR, the country’s regulator, has conducted a series of operations that have focused on clamping down on such activities, with the latest taking place in Las Piñas City in Metro Manila where the Philippine National Police raided a business and ordered an offshore gaming service provider to stop business with immediate activity. Clamping Down on […]
Legal
June 29, 2023
She Zhijiang Determined to Resist His Pending Extradition to China
Chinese authorities allege that Zhijiang played a central role in organizing and facilitating illicit gambling activities, which have long caused concern due to their association with criminal networks and potential societal harm. As a result of the evidence presented against the businessman, China has canceled his visa, enabling his deportation. However, She is prepared to […]
Industry
June 29, 2023
Philippine Lawmaker Shows Support for Ban of POGOs
Over the last few years, the Philippine Offshore Gaming Operators (POGO) sector has seen much scrutiny and allegations regarding ties to criminal activities. Despite that, the sector continues to bring tax revenue for the government. Now, one lawmaker recently showed support for the shutdown of the POGO industry, regardless of the benefits it brings. Benjamin […]
Industry
June 28, 2023
Philippine GGR to Grow by 15% a Year, Analysts Predict
Maybank Securities experts are optimistic about the future of the Philippine gaming industry, Inside Asian Gaming reported. According to Maybank analysts, the Philippines will see GGR grow by 15% a year over the medium term. The growth, analysts Miguel Sevidal and Alexa Mae Carvajal will be delivered by the high domestic demand, which has already […]
Industry
June 28, 2023
Sri Lanka Forms New Gambling Regulatory Authority
Sri Lanka’s Cabinet of Ministers has approved the arrival of the new watchdog, with the Gambling Regulatory Authority, now in charge of the industry, revenue collection, and the overall course of gambling development in the country. The ministers voted on a bill that was submitted by the country’s President, Ranil Wickremesinghe, earlier this week, with […]
Casino
June 21, 2023
Melco Resorts Upped to Outperform by Credit Suisse
Developer, owner and operator of integrated casino resorts in Asia and Europe, Melco Resorts & Entertainment, has seen its rating upped from Neutral to Outperform by Credit Suisse. Summer Holidays and Chinese Policy Credit Suisse said in its report that summer holidays and developments around Chinese policy were behind the decision to raise the rating […]
Sports
June 20, 2023
Arjan Bhullar vs. Anatoliy Malykhin ONE Friday Fights 22 Odds, Time, and Prediction
Canadian fighter Arjan Bhullar is defending his ONE Heavyweight Championship title for the first time this Friday. He’s taking on the light heavyweight champ and interim heavyweight champ Anatoliy Malykhin. Oddsmakers think the Russian fighter will triumph in Thailand, but what do we think? To see our ONE Friday Fights 22 prediction, just keep on […]
