Legal
July 3, 2024
Singapore Bill Would Make It Easier to Prosecute AML Cases
Lawmakers in Singapore have tabled a new bill that would reinforce the country’s anti-money laundering measures. Coming in the wake of a highly controversial online gambling case, the bill would make it easier to sentence wrongdoers. Under the new rules, authorities will no longer be required to catalog evidence overseas. For context, authorities must currently […]
Industry
July 1, 2024
Cross-Border Gambling Ring Dismantled by Joint Operation, $1M Seized
According to the Judiciary Police in Macau, a successful joint operation organized by the authorities in greater China’s special administrative region (SAR), Hong Kong and mainland China has put an end to an illegal gambling ring. The complex operation resulted in 93 arrests, with 11 key figures among them, as well as the seizure of […]
Sports
July 1, 2024
Thailand Continues to Fight Illegal Betting on Euro 2024
In mid-June, Euro 2024 kicked off. As one of the most-anticipated soccer events for the year, the exciting tournament saw millions of fans across the globe tune in for matches that will run through July 14 when the final will be played. While many soccer fans enjoy the activity as it is, others prefer to […]
Industry
June 26, 2024
AIGF Criticizes Google’s Updated PlayStore Policies
The All India Gaming Federation (AIGF) has sharply criticized Google’s recent decision to halt the expansion of real-money gaming (RMG) apps on its Play Store. AIGF CEO Roland Landers condemned the move as arbitrary and anti-competitive, reinforcing the urgent for updated legislation in India to ensure fair business practices. Google’s Move Affects Indian Businesses Landers […]
Industry
June 26, 2024
PPATK Finds 7,000 Gambling Transactions Tied to House Members
Indonesia’s Financial Transaction Reports and Analysis Center (Pusat Pelaporan dan Analisis Transaksi Keuangan or PPATK) has come across thousands of transactions on gaming sites allegedly involving over 1,000 House of Representatives members as well as House Secretariat staff. The country regards gambling as a crime with punishments going up to six years in prison. 63,000 […]
Industry
June 24, 2024
Baccarat Winner in Singapore Casino Dies of Too Much Excitement
A shocking incident allegedly took place at Asia’s most spectacular entertainment destination, Marina Bay Sands Casino. According to a video circulating online via X, a man who reportedly won a considerable jackpot suffered a cardiac arrest that was allegedly triggered by the excitement that the windfall brought to him. Alleged Huge Baccarat Win Several small […]
Legal
June 24, 2024
Singapore Reports Moderate Money Laundering Risk in Land-Based Casinos
According to a Singapore government report jointly issued by the Ministry of Home Affairs, the Ministry of Law, and the Monetary Authority of Singapore, the casino industry of Singapore has been identified as carrying a ‘moderate’ risk of being exploited for money laundering. Land-Based Casinos in Singapore Have Limited Appeal to Money Launderers Despite Cash-Rich […]
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 […]
