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 […]
Industry
July 16, 2022
XB Net Signed Distribution Rights Deal with Betindiaraces
Racing content supplier XB Net announced today it has signed a distribution rights deal with India’s operator Betindiaraces to strengthen its position in the country’s nascent racing market. India Audiences to Prove a Boon for Racing The agreement between XB Net and Betindiaraces, a platform powered by Sportswin Software, will see the premium horse racing […]
Legal
July 15, 2022
UEC CEO Accuses Okada of Hiding Information in Battle over Okada Manila
The fierce fight over the control of the Okada Manila Casino Resort keeps on raging with more public statements from the involved parties. This time Universal Entertainment Corp (UEC) CEO Jun Fujimoto has targeted accusations against Kazuo Okada and his representatives. Okada Accused of Concealing Information Regarding the ongoing dispute over the control of the […]
Industry
July 14, 2022
China’s National Security Concerns Visible in New Macau Laws
Macau law firm MdME Lawyers published an extensive overview of the Amendment to the Macau Gaming Law and Public Tender Regulation, the comprehensive changes passed by the Legislative Assembly in the Special Administrative Region (SAR) in June that are now going to change the way concessionaires, junkets, and even consumers interact or conduct gambling activities […]
Casino
July 14, 2022
Cambodia’s Casinos Generate 8% of Expected Tax Revenue
The Commercial Gambling Committee of Cambodia (CGCC) has provided a look into the operational results of the country’s casinos over the six months ending on June 30, 2022. The regulator said that the casino’s cumulative output fell utterly short of hoped-for results and came to just 8% of the amount required by law. Casino closures […]
Legal
July 13, 2022
Indian Police Busted Fake Cricket League Scamming Russian Bettors
An elaborate scam involving a fake cricket tournament and illegal betting was busted by the police in India, BBC reported. Modeled Alongside the IPL According to the report, the police in the Mehsana district of Gujarat acted on a tip-off and arrested four people for allegedly staging the fake tournament and duping bettors from three […]
Casino
July 13, 2022
PAGCOR’s New Guidelines on Junkets Call for Enhanced Due Diligence
The Philippine Amusement and Gaming Corporation or PAGCOR is toughening up its stance on the way junket operators can run their business and associate themselves with gambling businesses in the country. A new set of guidelines published on Monday sheds light on the do’s and don’ts of what land-based businesses may do when seeking to […]
Business
July 11, 2022
Las Vegas Sands Provides Sands China with a $1B Loan
Las Vegas Sands, а world leader in developing and operating international, world-class integrated resorts, has issued a loan to its Chinese arm. As per the agreement, Sands China will receive a $1 billion subordinated unsecured term loan. Sands China Considers the Terms Fair The loan was issued on July 11, 2022 and Sands China will […]
Casino
July 11, 2022
Over 80% Support the Legalization of Gambling in Thailand
Thai people have potentially paved the way for gambling regulation in Thailand as results from a newly done survey show that over 80% of the respondents are in favor of legal casinos. Overwhelming Support for the Legalization of Gambling The survey was conducted by the Casino Committee of Thailand, assigned with the task of probing […]
Industry
July 11, 2022
Credit Suisse Cautions Against Buying Macau Gaming Stocks
Analysts’ optimism with regard to Macau’s casinos has been dashed as financial experts have weighed the risks and concluded that the special administrative region is in for a very difficult spell. Financial experts from Credit Suisse cautioned against buying Macau casino stocks, warning that buying such assets could result in unpredictable and dangerous investment scenarios. […]
