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Casino
September 13, 2022
Konami’s David Punter Will Oversee the Asia Region and Service
An official press release by gaming giant Konami announced that David Punter, operations manager of sales, marketing, and service for the ANZ and APAC regions, will also take charge of the Asia region and service. The company expressed confidence that Punter’s significant experience and substantial industry knowledge would help meet the needs of the areas […]
Casino
September 13, 2022
Philippine Police Vows to Do More to Tackle POGO Worker Exploitation, Crime
The Philippine National Police wants more to be done when it comes to gaining control over the regulated Philippine Offshore Gaming Operators sector and the inflow of foreign workers who come to work in the gambling industry. In fact, the police wants to create a detailed list that keeps track of workers and can assist […]
Industry
September 12, 2022
Philippines: Banning E-sabong Brings Financial Hardships
Online betting on cockfights or the activity also referred to as e-sabong was incredibly popular in the Philippines. E-sabong helped generate invaluable revenue for different institutions including banks such as the Philippine Business Bank (PBP). However, after information regarding e-sabong-related crimes emerged, the Philippines lawmakers decided to outlaw the activity earlier this year. Now, a […]
Casino
September 12, 2022
Macau Workforce Stats Reveals Fewer Gambling Industry Workers in Q2
Macau’s Statistics and Census Service has noted that the gaming force in Macau has remained fairly unchanged despite a decline in the number of people employed in the sector. The full-time employees in the gaming industry as of the second quarter of the year were down 2,176 to 53,592. The dealers numbered 24,093 down 550 […]
Casino
September 9, 2022
Cambodia’s Human Trafficking and AML Reputation Weigh It Down
Cambodia continues to be an international pariah when it comes to doing business. The country, which once thought it can shrug off criticism about its presence on the Financial Action Task Force’s (FATF) money laundering grey list may finally be wakening up to the fact that its international reputation matters a lot for the long-term […]
Industry
September 9, 2022
Hong Kong Jockey Club Names Michael Lee as Chairman
The Hong Kong Jockey Club, a provider of horse racing, sporting and betting entertainment, has named Michael Lee and Eric Cheung as chairman and deputy chairman respectively. Lee will succeed Philip Chen who worked as chair for the last two years. Several New Members Join the Board Lee will serve as the club’s chairman for the […]
Casino
September 7, 2022
TRAL Regains Control Over Okada Manila Following PAGCOR Order
On September 2, Philippine Amusement and Gaming Corporation (PAGCOR) ordered the group led by Japanese billionaire Kazuo Okada to surrender the Okada Manila Casino Resort back to The Tiger Resort Asia Limited (TRAL), the legal owner of the casino’s operator Tiger Resort, Leisure and Entertainment Inc (TRLEI). TRAL Regains Control Over Okada Manila Following an […]
Industry
September 6, 2022
Macau Continues to Fall Behind as Casino Suppliers Relocate
China’s Covid Zero policy continues to hamper Macau’s post-pandemic recovery. The special administrative region’s gambling market continues to show subpar financial results, and experts are not optimistic about its prospects. This uncertainty has prompted several key casino suppliers to jump ship and relocate to Singapore and the Philippines, where operators have recorded substantially better growth. […]
Industry
September 6, 2022
Bernstein Is Skeptical about Macau’s Recovery
Finance expert Bernstein has once again commented on the situation of Macau’s gambling market. This time, the firm’s analysts discussed the special administrative region’s slight daily revenue growth. Umansky and Yang Don’t Buy the Optimism Vitaly Umansky and Shirley Yang, two finance experts at Bernstein, explained that during September’s first four days, Macau’s gross gaming […]
Casino
September 6, 2022
Japan Casino Commission Seeks More Cash from Government
The Japan Casino Regulatory Commission may be running short of cash, so much, that it seems that the regulator needs the central government to pitch in so the watchdog may carry on. The Commission was established back in 2018 under the late then-Prime Minister Shinzo Abe who was an outspoken proponent of the integrated resort […]
