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Casino
October 27, 2022
Macau: Casino Shares Optimism Dampened by New Covid Case
Macau’s casinos rallied Wednesday on the news that authorities are about to resume group tours from mainland China to the Special Administrative Region (SAR), only to subside later in the day on the rollout of mass testing in some areas, Bloomberg reported. The City Ready to Resume Mainland China Tours Following a report in TDM, […]
Legal
October 26, 2022
Cambodia Must Do More to Exit FATF’s Gray List
Cambodia has been working hard to crack down on gambling-related fraud and exit the Financial Action Task Force money laundering gray list. While the country has been making some impressive strides, there is still some work to be done, Transparency International Cambodia said. Cambodia Must Still Do More Cambodia had come to be synonymous with […]
Legal
October 26, 2022
Japan to Penalize Players at Offshore Gambling Websites
Many countries around the world are trying to protect their citizens from illegal offshore gambling websites. In China, authorities are targeting overseas destinations such as Cambodia and the Philippines and exerting soft power to shutter the offshore gambling sectors. In Australia, the Australian Communications and Media Authority is targeting bad actor websites one by one. […]
Industry
October 26, 2022
Shut POGOs Down Now Say “Concerned” Business Groups
Three of local business groups in the Philippines have become the latest to oppose the Philippine Offshore Gaming Operators (POGO) in what can be construed as a growing animosity towards the lucrative sector. A report by GMA News, a local media, outlined the latest criticism of the sector and the reasons the three business groups […]
Industry
October 26, 2022
Sands China Should Win Its Macau Concession Renewal Bid
While there is still time before the results are out, projections about who will come out with a concession aren’t the be-all and end-all when it comes to Macau’s casino industry. Tough operating conditions and new rules mean businesses will probably have their hands full while the region slowly recovers. Morgan Stanley Weighs in on […]
Industry
October 26, 2022
The Philippines Set to Lift Remaining COVID-19 Restrictions
The Philippines is set to remove the lingering COVID-19 restrictions hopeful to boost its tourism industry, revitalize the economy, and generally beckon to the world that recovery is well underway. The country is now removing the mandatory use of face masks in public space, a rather belayed decision with other Southeast Asia nations already making […]
Industry
October 25, 2022
BETER Builds Up Sports Momentum with Asian Basketball League
BETER, an established provider of next-generation betting content and gaming solutions, has expanded its sports offer by adding a new discipline. Moving forward, the company will power and distribute a number of events in collaboration with the Asian Basketball League. The coverage will focus on the upcoming event in Bishkek, Kyrgyzstan. The event is hosted […]
Casino
October 24, 2022
Vietnam May Extend Three-Year Pilot Program
The Vietnamese Ministry of Finance has asked for an extension of its three-year pilot program that trialed gambling in the country. The Ministry argued that the COVID-19 pandemic made it impossible to adequately evaluate the results of the program. Vietnam Allowed Locals to Play for Three Years Three years ago, the Vietnamese government started a […]
Casino
October 24, 2022
China Busts $3.9B Illegal Gambling Ring That Targeted Korea
China is often a meddler when it comes to gambling, its citizens, and overseas destinations. On this occasion, though, the country has reciprocated and showed that its desire to micromanage gambling industries beyond its borders is not just a show act. On Sunday, law enforcement in Incheon conducted a raid which resulted in the arrest […]
Casino
October 24, 2022
Cambodia Issues New Guidelines for Casino and Gambling Operators
Cambodia continues to navigate the difficulties of managing a casino industry that has got quite a bad reputation of late. That is why the General Secretariat of the Commercial Gambling Management Commission (CGMC) has issued new guidelines which will alter some of the base principles of operation for commercial casinos. Cambodia Introduces New Rules on […]
