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Industry
February 24, 2025
Hong Kong Considers Legalizing Basketball Bets to Address Budget Deficit
Hong Kong is reportedly considering to legalize bets on basketball. This move would tap into the popularity of basketball in the region and would generate additional funds for the government. The Government Needs Additional Tax Streams The South China Morning Post (SCMP) said that Paul Chan Mo-po, Hong Kong’s financial secretary, is eyeing a variety […]
Business
February 19, 2025
Adventure Box Pens Letter of Intent to Acquire RWB Smart Solutions
Adventure Box, a Stockholm-based computer game technology company, announced that it has submitted a non-binding letter of intent (LOI) to acquire RWB Smart Solutions. By securing a 100% stake in the Asia-based casino solutions company, Adventure Box would be able to greatly expand its presence in Asian iGaming. Adventure Box Sets out to Acquire RWB […]
Casino
February 18, 2025
Thailand Makes Changes to Casino Bill to Deal with Public Concerns
Thailand is tweaking its plans to make casinos legal inside entertainment complexes. It is bringing in tougher rules as more people speak out against the idea. Thai Government Pushes Casino Reforms, Aims for Global Gaming Market Share The government wants to strike a balance between making money and addressing social issues. At the same time, […]
Casino
February 14, 2025
Ex-South Korea Casino Employees Face Justice for $3.5M Fraud Scheme Targeting Foreigners
The scheme that took place at the Golden Crown Daegu Casino in South Korea saw a number of staffers, from rank-and-files to executives, participate in a well-orchestrated and fraudulent scheme that interfered with game results to defraud foreigners of an estimated $3.5 million. South Korean Casino Employees and High-Ranking Execs Face Reckoning Specifically, the case […]
Casino
February 6, 2025
Xi Jinping Praises Thailand for Its Measures to Combat Gambling Scams
In a meeting marking the 50th anniversary of the establishment of diplomatic relations between China and Thailand, Xi Jinping and Paetongtarn Shinawatra agreed to crack down on gambling scams and fraud. Xi and Paetongtarn Discuss Gambling Scams Issues Chinese President Xi Jinping recently met with Thai Prime Minister Paetongtarn Shinawatra who visited Beijing. A part […]
Casino
February 3, 2025
PAGCOR Shutters Unprofitable Casino, Prepares to Close a Second One
The Philippine Amusement and Gaming Corporation (PAGCOR) announced that it will be closing two underperforming casinos, in line with its rationalization plan. The Two Sites Were Not Profitable On February 3, the PAGCOR confirmed that the Casino Filipino site in Talisay, Cebu has already been closed off. In the meantime, the agency noted that it […]
Industry
February 3, 2025
Macau’s Gaming Revenue Drops in January Despite High Hopes for 2025
Macau‘s gaming industry kicked off 2025 with a minor hiccup, as gross gaming revenue (GGR) in January decreased 5.6% compared to the previous year totaling MOP 18.25 billion ($2.27 billion), as reported by the Gaming Inspection and Coordination Bureau (DICJ). This amount exceeded December’s earnings but fell short of what the industry expected considering the […]
Business
January 31, 2025
Philippine Gaming Grows as PAGCOR Announces Revenue Record
The Philippine Amusement and Gaming Corporation (PAGCOR) published its report for 2024, revealing a new all-time high revenue and income figures. Chair & CEO Alejandro Tengco praised the metrics, saying that the corporation is pleased with this stellar progress. The PAGCOR Exceeded the PHP 100B Mark According to the PAGCOR’s report, its annual revenues for […]
Casino
January 29, 2025
Macau Braces for Record Casino Revenues During Chinese New Year Festivities
Macau is getting ready for a huge wave of tourists as the Chinese New Year holiday starts on January 29 ushering in the Year of the Snake. The eight-day break is crucial for the city’s gambling and hotel sectors, with experts predicting all-time high visitor numbers and robust growth in earnings. Macau’s Luxury Hotels Experience […]
Casino
January 28, 2025
Thailand Claims It Didn’t Mistreat Gambling Tycoon Facing Extradition
Thailand has rejected accusations of mistreating She Zhijiang, a gambling tycoon detained in Bangkok and fighting extradition to China on allegations of running illegal online gambling operations across Southeast Asia. China-born She, who claims the charges are politically motivated, alleged in a letter from his lawyers to Interpol that he has endured “inhumane treatment” in […]
