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Legal
March 7, 2022
FATF: Philippines Should Continue Strengthening AML, CFT Regime
The global money laundering and terrorist financing watchdog, the Financial Action Task Force (FATF), released on Friday its latest report regarding jurisdictions that are under increased monitoring. This list is also referred to as the “grey list.” The watchdog explained that countries on the grey list are collaborating with the FATF to resolve deficiencies related […]
Sports
March 7, 2022
PAGCOR Looking Into the Repercussions of Suspending e-Sabong Activities
The Philippine Amusement and Gaming Corporation (PAGCOR) has used caution to respond to the Senate’s requests to shut down all online cockfighting (e-sabong) operations in the country. The request comes in the context of a series of missing person cases that are presumably tied to e-sabong activities. PAGCOR Cites Legal and Financial Repercussions of the […]
Poker
March 7, 2022
Asian Poker Tour and Resorts World Manila Extend Partnership
The Asian Poker Tour (APT) has announced that it extended its existing collaboration with Resorts World Manila (RWM). Asian Poker Tour Extends Resorts World Manila Poker Deal The collaboration between the duo dates back to 2011. However, now, APT and RWM inked a new exclusive agreement which will see at least two major APT Poker […]
Casino
March 7, 2022
Vietnam to Include Two More Resorts in Local Gambling Plans
Asian countries generally take a dim view of gambling when it involves their own citizens playing games of chance. However, attitudes may be changing slightly as the global pandemic has bitten in tourism revenue and new sources of income are sorely needed. As a result, Vietnam’s Ministry of Finance has suggested that its pilot program […]
Legal
March 4, 2022
Singapore: Illegal Gambling Syndicate Leader Gets Jail Time, Fine
A 57-year-old male in Singapore is facing a hefty fine along with jail time over running a multi-million dollar illegal online gambling syndicate. Leader of Illegal Gambling Syndicate Faces Jail and Hefty Fine It was back in December last year when Seet Seo Boon, now 57, admitted to participating and leading an illegal online gambling […]
Industry
March 3, 2022
Macau to Extend Licenses by Six Months Because of Gambling Reforms
Macau is allegedly planning to extend all gaming licenses by six months. The renewed permits will be valid until the end of 2022, the reports claim. Macau Might Extend Licenses by Six Months This news comes from local news outlets in Macau, which say that the region’s regulator is thinking about extending its operators’ licenses. […]
Industry
March 2, 2022
Philippines: Gaming Industry GGR Hits $2.2BN in 2021
Easing COVID-related restrictions resulted in an increase in gross gaming revenue (GGR) for the gaming industry in the Philippines. Judging by recent figures released by PAGCOR, the Philippine Amusement and Gaming Corporation, the industry is on its way to rebound, after seeing GGR for the calendar year (CY) 2021 surpass $2 billion. Philippine Industry on […]
Casino
February 28, 2022
MGM Has “Out of Jail Card” for Osaka IR Bid
MGM is sure it wants a bite out of the Japanese integrated resort pie, but it’s not sure it wants to nibble at anything stale. That is why MGM Osaka will have an “escape clause” should things go pear-shaped, Inside Asia Gaming, a leading local publication for the region writes. MGM Osaka Project Has Contingencies […]
Casino
February 28, 2022
Ex Galaxy Executive Jit Ng Appointed as Hoiana’s Chief Marketing Officer
Galaxy Entertainment Group’s former executive Jit Ng has been appointed as Hoiana’s new chief marketing officer (CMO). His main responsibility will be to help the resort drive more growth in the upcoming years, under the supervision of the company’s president and chief executive officer. $4 Billion Development Plans for Hoiana Resort Reuniting state-of-the-art accommodation with […]
Poker
February 23, 2022
WPT Introduces WPT Prime, With New Southeast Asia Tournament Locations
The World Poker Tour (WPT) is looking for a wider global reach. In order to achieve its goal, it has announced the launch of WPT Prime, a global poker tournament circuit that will include stops in several Southeast Asia countries. The inauguration also means the end to one of the WPT’s longest-running series. WPT Becomes […]