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Casino
July 25, 2022
PH Resorts Clarifies No Loan Default in Stock Exchange Disclosures
Udenna Corp is a Philippine conglomerate and some worrying debt default news headlines lead to steep drops in many of the involved companies. PSE disclosures were issued by four companies, in order to clarify the confusion, addressing a single online article in the original disclosure statement documents. PSE Disclosures Clarify Default News After multiple news […]
Legal
July 25, 2022
Thailand Committee Wraps up Overview of Casino Resorts
Thailand seems more confident by the day in passing legalization that will allow the country to launch its first legal casinos. According to a report by the Bangkok Post, a parliamentary committee that is assessing the feasibility of the project, there is a good chance that the country may realize its potential insofar as the […]
Casino
July 22, 2022
Macau’s War on COVID Reaps Partial Success
Macau’s casinos will soon reopen as the special administrative region confirmed no new COVID-19 cases last Thursday. Macau’s Anti-COVID Measures Worked Last Friday, the government of Macau announced that it had identified no new cases of COVID among the locals on July 14. This was the first day without a new case since the outbreak, […]
Industry
July 22, 2022
Hong Kong Police Busted Illegal Gambling Ring, Arrested 48 People
Authorities in Hong Kong reported Thursday one of the biggest crackdowns on illegal gambling in the country that has allegedly generated in excess of HK$33 million ($4.2 million) over two years. Raid on Illegal Gambling Establishments Police officers raided in the early hours seven gambling dens in Yau Ma Tei, Mong Kok, Sham Shui Po […]
Casino
July 21, 2022
Cruise Casino Operator Genting Hong Kong Is in Liquidation Proceedings
Hong Kong-listed gambling cruise ship operator Genting Hong Kong Ltd, which is part of Genting Bhd, a major Malaysian corporation, is on its way to completing the liquidation procedure after the company filed for insolvency at a Bermuda court on January 18 this year. Many Genting Hong Kong Subsidiaries Are Also in Liquidation Proceedings Genting […]
Casino
July 21, 2022
Sands China Embraces the End of the VIP Salons in Macau Casinos
Sands China has announced it is restructuring its VIP rooms at its Macau properties as the era of the junkets and VIP salons in Macau casinos are coming to an end with new gambling regulations from mainland China. New Gambling Legislation for Macau As a result of COVID measures, China’s National Immigration Administration (NIA) has […]
Business
July 20, 2022
Royal Caribbean Group Buys Genting Group’s Endeavor Cruise Ship
Royal Caribbean Group, a global cruise ship operator, has announced that it has received the necessary court approvals to purchase Endeavor, an ultra-luxury cruise ship. When the ship officially joins the Group, which is set to be done this month, it will be renamed to Silver Endeavor. The Cruise Ship’s Purchase Price Was Lower Than […]
Casino
July 19, 2022
Singaporean Police Seizes $530K Tied to Illegal Online Gambling
Authorities in Singapore have been able to seize close to $530,000 worth of electronic equipment and funds, portable phones, and other paraphernalia that was used to run illegal online gambling operations. Police carried out six separate raids and managed to round up 24 people allegedly involved in illegal gambling businesses that operated overseas and accepted […]
Casino
July 18, 2022
Delta Corp Reports 233% Boost of Gross Revenue Year-On-Year
India’s most prominent gaming and hospitality company Delta Corp. impressed with a massive gross revenue increase of 233% in the second quarter of 2022 compared to the second quarter of 2021. Impressive Gross Revenue Delta Corp. reported remarkable financial results for the quarter April-June 2022. The company’s gross revenue reached the astounding Rs 314.46 crore […]
Casino
July 18, 2022
Fun88 Launches a Casino and Sports Betting Platform in Vietnam
Fun88 has successfully launched in Vietnam after it updated the link to its fun88zone.net website from its Philippine server. With this development, Vietnamese players will be able to enjoy all of Fun88’s services, which include both casino and sportsbook offerings. The App Is Free to Download and Has Multi-Language Support The app, which will feature […]
