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Gambling News - 'Asia'
Industry
July 14, 2023
Philippines Seeks to Expand Online Gambling with Poker
To this end, PAGCOR, which regulates POGOs and gambling in the country, has announced plans to overhaul the existing regulatory framework. This was confirmed by the watchdog’s chairman and chief executive Alejandro Tengco who said that regulated online poker is one of the verticals to be introduced moving forward. Tengco Outlines Plans for Online Gambling […]
Legal
July 12, 2023
Lawmakers in India Consider Imposing 28% Tax On Online Gambling
The growing gambling industry in India may be subject to a new, increased tax rate, following a decision made by lawmakers Tuesday. The country’s Goods and Service Tax Council, the regulatory body in charge of recommendations to the implementation of the Goods and Services Tax (GST) confirmed it has agreed to the implementation of a […]
Industry
July 12, 2023
Junkets Have Marginal Impact on MGM China’s Revenue, Report Says
Over the last few years, Macau has been cracking down on junket operators which ultimately resulted in a significant decrease in their number. Some 10 years ago, there were more than 200 junket operators, a number that has decreased to approximately 30 in 2023. Now, a new report reveals that the decreasing number of junket […]
Business
July 7, 2023
Light & Wonder Introduces Its Kascada Slots in Macau
This is the first time that the Australian gaming supplier has had the opportunity to launch the Kascada Dual Screen and Kascada Portrait solutions in Macau. Light & Wonder has so far refrained from specifying where the cabinets can be found, not volunteering the names of the partner-integrated resorts. Light & Wonder Rolls the Kascada […]
Business
July 5, 2023
QTech Games to Benefit from Vivo Gaming Live Casino Titles
The fast-growing and leading distributor of games for the online gambling industry in Asia, QTech Games, unveiled details regarding a new partnership, allowing it to strengthen its offering within the live casino vertical. On Wednesday, the company revealed that it joined forces with the leading live casino provider, Vivo Gaming. The freshly minted partnership sees […]
Casino
July 3, 2023
Macau Posts MOP$15.52B in June GGR, YTD Reaches 54% of 2019
Gaming in Macau registered its first month with a decrease in gross gaming revenue (GGR) on a subsequent basis since all travel restrictions for the Special Administrative Region (SAR) of China have been lifted. Recovery Slowing Down but Strong The monthly Games of Fortune statistics report published by the Gaming Inspection and Coordination Bureau (DICJ) […]
Business
July 3, 2023
Novomatic Expands Asia-Pacific Presence with New Partnership
This strategic collaboration aims to strengthen Novomatic’s market presence in some of its most promising jurisdictions, capitalizing on the Asia-Pacific region’s thriving gaming sector. The two companies will leverage their mutual strengths to effectively Novomatic’s innovative gaming products and solutions, ensuring a wider reach and increased accessibility for its offerings. Both Companies Will Leverage Their […]
Legal
July 3, 2023
China Shuts another Gambling Ring, Arrests 93 People
China, which prohibits gambling outside of certain regions, has cracked down on yet another illegal gambling operation. Following enforcement action carried out this weekend, the police arrested 93 people and seized around $125 million (figure has been converted to USD). As a result of the raid, the illegal iGaming platform is no longer available. Investigators […]
Blockchain
July 3, 2023
Philippines Targets Company Linked to Alleged Crypto Scams
PAGCOR, the country’s regulator, has conducted a series of operations that have focused on clamping down on such activities, with the latest taking place in Las Piñas City in Metro Manila where the Philippine National Police raided a business and ordered an offshore gaming service provider to stop business with immediate activity. Clamping Down on […]
Legal
June 29, 2023
She Zhijiang Determined to Resist His Pending Extradition to China
Chinese authorities allege that Zhijiang played a central role in organizing and facilitating illicit gambling activities, which have long caused concern due to their association with criminal networks and potential societal harm. As a result of the evidence presented against the businessman, China has canceled his visa, enabling his deportation. However, She is prepared to […]