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Legal
February 28, 2023
Thai Activist Accuses Police of Running Illegal Gambling Sites
Achariya Ruangrattanapong publicly condemned what he alleges is the involvement of senior police officers, and an ex-national police chief, in illegal gambling websites that are running rampant in Thailand, the Bangkok Post reported. At Least 100 Police Officers Are Involved in Illegal Gambling Achariya showed the media a banner on which he had jotted down […]
Casino
February 27, 2023
Cambodia Now Officially Off the FATF’s Grey List
Moving forward, though, the FATF would not consider Cambodia a high-risk jurisdiction, albeit the country will most certainly have to maintain its unfaltering commitment towards cracking down on illegal gambling and eliminating any doubt that it may be allowing human trafficking to happen on its watch. Cambodia Finally Makes It Off the FATF’s List Both […]
Industry
February 27, 2023
Macau Confident in 2023 Recovery, Expects GGR to Reach $16B
Now, Macau’s chief executive Ho Iat Seng has outlined an ambitious goal for the city’s gambling industry, with gross gaming revenue (GGR) expected to hit $16 billion (MOP130 billion) this year according to the official. Confident about Recovery in 2023 and Beyond Ho remains defiant in the face of analyses by investment banks which he […]
Industry
February 27, 2023
Macau Lifts Mask Mandates as It Exits the COVID-19 Pandemic
Macau has finally lifted its mask mandates, authorities said on Sunday, February 26 confirming that citizens and visitors would no longer be required to wear a mask in the majority of locations in the Special Administrative Region apart from public transportation and hospitals, along with a few other locations where wearing a mask remains compulsory. […]
Casino
February 24, 2023
Macau VIP Industry on the Crossroad, Former Employees Suffering
As the junket industry in Macau is continuing to adjust to the new reality, more than 90% of people who were previously employed with junket operators have not returned to the gaming industry. Junket Operators Staying on the Sidelines The figure was revealed by the president of the Macau Association of Gaming and Entertainment Promoters, […]
Legal
February 24, 2023
Hong Kong Police Cracks Down on Triad Members in Operation Levington
Last October, a criminal gang from Hong Kong was arrested after it was discovered that it had collected HK$40 million ($510,000) using an illegal gambling platform run by the members of the organization. Now, further proving its ongoing efforts to crack down on the triads that are usually connected to illegal gambling, sex and drug […]
Sports
February 22, 2023
New Football Betting Duty May Impact HKJC’s Operations
The announcement comes after the Hong Kong Special Administrative Region Government announced a proposed 2023-24 Budget. Within that proposal, a Special Football Betting Duty (SFBD) is established. The duty, which is effectively a charge on all bets for football, is expected to deliver HK$12 billion ($1.53 billion) in proceeds over the next five years. A […]
Business
February 22, 2023
NuxGame and V8Poker Ink Landmark Content Agreement for Asia
The news comes after the business-to-solution provider of premium iGaming products announced that it would add NOWPayments to its roster of supported crypto payment methods earlier in the week. The newly inked deal with V8Poker, the popular content provider on the Asian continent, will help NuxGame continue to provide top-grade content to its clients. NuxGame […]
Blockchain
February 22, 2023
Hong Kong Considers Crypto Trading, Launches Consultation on Rules
Currently, China has tough regulations when it comes to crypto trading. In fact, the country has cracked down on the activity and banned such transactions in an effort to protect its population from speculative transactions and fraud attempts. This crackdown resulted in many Chinese crypto-focused web3 businesses giving up on the opportunity to operate within […]
Casino
February 22, 2023
Philippine Casinos Can Expect Moderate Boost from China
The note focuses a big part of its report on Bloomberry Resorts, the company behind Solaire Resort, which is expected to soon release its full-year results for 2022 and the last quarter of the year. According to the note, Bloomberry can expect to see its gross gaming revenue increase by another 9% in 2023, and […]
