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Industry
November 15, 2024
E-Gaming Drove Strong Q3 GGR Growth in the Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has published official data about the local gambling sector’s performance in the third quarter of the year. In its report, the authority outlined a stellar growth in GGR, which officials attributed to the ongoing modernization efforts. E-Gaming Growth Offset a Decline in Casino & Bingo As reported by […]
Legal
November 15, 2024
Hong Kong Authorities Crack Down on Gambling Den, Arrest 16
The Hong Kong police have cracked down on an illegal gambling venue, arresting over a dozen people in the process. A total of six gambling machines were seized by the authorities, according to reports. A Rented Apartment Was Used as a Gambling Hall The illegal gambling den was located on Fa Yen Street in Mong […]
Industry
November 12, 2024
Galaxy Entertainment Group Chair Lui Che Woo Passes Away
Galaxy Entertainment Group (GEG), a company that operates casinos and hotels in Macau, has announced with a heavy heart that its chairman and founder passed away. The company added that it doesn’t expect the unfortunate event to have an impact on its operations. GEG Bid Farewell to a Great Leader According to the announcement, Dr […]
Casino
November 12, 2024
South Korean Police Discover Widespread Underage Online Gambling
South Korea’s National Police Agency has released shocking figures from a year-long operation targeting illegal online gambling. Massive Cybercrime Sweep in South Korea Reveals Nearly Half of Arrests Are Under 19 From September 2023 to October 2024, police arrested almost 10,000 people, with a large number 4,715 of them being under 19 years old. The […]
Industry
November 8, 2024
Philippine President Bans POGOs and IGLs Amid Public Concern
Philippine President Ferdinand R. Marcos Jr. signed Executive Order (EO) 74 on November 5, effectively banning all offshore gambling activities in the country, with a focus on Philippine Offshore Gaming Operators (POGOs) and internet gaming licensees (IGLs). The executive order mandates an immediate end to all offshore gaming operations, responding to public concerns about crime, […]
Industry
November 8, 2024
Swindler Uses Romance Scam to Con 100 Men, Uses Money to Gamble
Last month, Tokyo Reporter revealed that a former employee of Toyota Coniq Pro was accused of conspiring with an IT specialist working for Yonageya to conduct a fraud of roughly 160 million yen ($1.07 million). At least one of the two men had allegedly spent the defrauded money on entertainment activities, gambling included. Now, the same […]
Legal
November 5, 2024
Indonesia Suspends 11 Officials Who Facilitated Online Gambling
The Indonesian Ministry of Communication and Digital has suspended 11 employees who were suspected of involvement in illegal online gambling activities. Authorities believe that the workers in question might have facilitated criminal gambling in the country. Gambling Crime Is a Serious Violation in Indonesia According to the ministry’s official announcement, the 11 employees were arrested […]
Industry
November 5, 2024
Chinese Soldiers Advised Against Online Gambling, Dating
China is in an ongoing battle with illegal gambling. Recent operations targeting unlawful activities have resulted in the arrest of 119 people in Hong Kong, helping shut down drug distribution, illegal gambling and prostitution rings. Now, in a new message, the country’s armed forces were warned about the dangers of online love scams and online […]
Business
November 4, 2024
Bally’s Unloading Asia Digital Gaming Division
A Form 8-K filing with the Securities and Exchange Commission has detailed the company’s plans for its Asian gaming division, with the company not expecting the deal to have a “neutral” impact on its earnings before interest, taxes, depreciation, and amortization or EBITDA. Bally’s Sheds Asian Business to Refocus Operations Bally’s is selling the division […]
Industry
November 1, 2024
Macau October Gross Gaming Revenue Surges to New Heights
Macau’s gross gaming revenue (GGR) climbed to MOP 20.8 billion ($2.6 billion) in October, the best month the region has experienced since COVID-19 restrictions were relaxed at the beginning of last year. According to Macau’s Gaming Inspection and Coordination Bureau (DICJ), this figure surpasses the previous high of MOP 20.2 billion ($2.52 billion) set back […]
