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Gambling News - 'Asia'
Casino
May 26, 2022
Marina Bay Sands to Hold Two-Day Walk-In Recruitment Fair
The casino industry in Asia continues to recover from the impact of the pandemic-related restrictions, proves an advertisement for a two-day recruitment fair at Marina Bay Sands. ‘Begin Your Career Journey with Marina Bay Sands!’ The casino resort operated by Marina Bay Sands, a subsidiary of Las Vegas Sands, will hold the first walk-in recruitment […]
Legal
May 26, 2022
Arrested Suncity Members Received Their Indictments
The Macau Public Prosecutions Office has indicted Alvin Chau, the chief executive officer of the Chinese junket Suncity. This was reported earlier by Inside Asian Gaming. The Arrestees Got their Indictments According to the report, the prosecution has also issued indictments to remaining suspects and to those who were arrested because of their ties with […]
Legal
May 25, 2022
Macau’s Wong Sio Chak Trusts the Gambling Reforms
Wong Sio Chak, Macau’s secretary for security believes the ongoing gambling law reforms will not pressure employment in the sector. COVID-19 Brought Down both Crime and Profits The secretary addressed the market’s state in the “Assessment Report on the Impact of the Current Situation of the Gaming Industry in Macau on the Public Security Situation […]
Casino
May 25, 2022
Macau’s Post Golden Week GGR Picks Up Slowly
While there were fears that the impact of a lackluster Golden Week holiday would carry on, Macau has started to see an improvement in gross gambling revenue, which doubled as per the latest results, Bernstein Research reported. In the week leading to May 22, a total of MOP100 million ($12.31 million) was spent on gambling […]
Casino
May 25, 2022
Genting Singapore Eyes Casual Gamblers as Source of Revenue
Genting Singapore is planning to broaden the scope of its operations by partially pulling away from the VIP segment and refocusing a part of its efforts onto the casual player vertical instead. The intention was confirmed by company CEO Tan Hee Teck who spoke to shareholders and outlined some of the future plans for the […]
Casino
May 23, 2022
Japan’s Authority to Hear Feedback on Screening Criteria
The Japan Casino Regulatory Commission plans to soon reevaluate its screening standards. The authority has opted to listen to public comments ahead of introducing changes to its criteria. Japan’s Regulator Will Listen to the Public’s Feedback The regulator said that it will listen to what the public has to say when it comes to screening […]
Industry
May 23, 2022
Meghalaya Doesn’t Think Scrapping Gaming Act Is Good
The State of Meghalaya in India is likely to proceed with its legalization push, or rather the expansion of the current gambling operations in the state. Responding to criticism of the current way gambling is regulated in the state, state chief minister Conrad K. Sangma said on Saturday that a proposal to repeal the existing […]
Industry
May 20, 2022
Bernstein: Digital RMB May Benefit Macau Gambling
Finance experts from Bernstein have analyzed how going cashless might affect Macau’s gambling economy. The analysts believe that it will revitalize the sector – something it desperately needs right now. Bernstein Spoke about Macau and Digital RMB Bernstein finance specialists have commented on the prospects of introducing China’s virtual currency, the digital renminbi (digital RMB) […]
Casino
May 20, 2022
Alvin Chau Transfers Suncity, Summit Ascent Stakes
For a while, the fate of Alvin Chau Cheok Wa’s assets, the former chairman of the embattled Suncity Group, remained unknown. Now, a new filing submitted to the Hong Kong Stock Exchange shows that the man has decided to transfer his stakes to Andrew Lo Kai Bong, a Suncity Group executive director. He has also […]
Casino
May 20, 2022
Bloomberry Prepares New Casino Resort in the Philippines
Bloomberry Resorts Corporation, the parent company behind Solaire Resort and Casino in Manila, the Philippines, has revealed that it will pursue a third property in the country. A new integrated resort is now being planned for the region south of Manila, in Cavite, which should enable the company to capitalize on the return of tourists […]