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Casino
December 27, 2024
MGM Osaka Set to Start Main Construction in April 2025
Japan has given the go-ahead to three integrated casino resorts under the mandate of late Prime Minister Shinzo Abe, who approved the projects as part of the country’s strategy to boost tourism. MGM Osaka Finally Set to Begin Construction Fast forward to 2024, and construction has not yet started on any of the projects, and […]
Legal
December 20, 2024
Supreme Court Rejects Appeal of Ex-Lawmaker Who Took IR Bribes
The Supreme Court of Japan has confirmed a four-year prison term for a former lawmaker embroiled in a bribery scandal linked to integrated resort (IR) licensing. Reports indicate that the 53-year-old ex-politician in the central government’s House of Representatives under the Liberal Democratic Party, Tsukasa Akimoto, failed to have his sentence reduced by the country’s […]
Legal
December 17, 2024
Indian Gambling Ship Staff Reportedly Attack and Detain Officials
Last Thursday, officials of the Directorate of Enforcement (ED) were allegedly attacked, confined, and obstructed by staff members of the offshore Casino Pride operating in the Mandovi River. The confrontation occurred during a search operation relating to an ongoing money laundering investigation. Although nobody got hurt, the floating casino’s staff may face serious accusations. The […]
Industry
December 16, 2024
SMC Leases Land from PAGCOR, Vows to Build New HQ for the Regulator
The Philippine Amusement and Gaming Corporation (PAGCOR) unveiled a 25-year lease agreement with SMC Infrastructure, a division of San Miguel Corp. Under the deal, the Philippine regulator will lease the Nayong Pilipino Property in Pasay City to SMC. In turn, the latter company will build a new officer for the PAGCOR. PAGCOR to Lend 13 […]
Industry
December 12, 2024
Macau Gaming Tax Revenue Soars as Recovery Accelerates
Macau’s gaming sector remains in full swing as November’s government gaming tax revenue hit MOP$8.0 billion ($999 million), up 6.4% year-on-year and up 20.3% compared to October, according to the latest figures from the Macau Financial Services Bureau (DSF). These figures underline the region’s ongoing resurgence following pandemic-induced setbacks. Key Metrics Recorded Significant Increases Gross […]
Industry
December 11, 2024
Isle of Man Revokes Supplier’s License over Stolen Data Incident
The Isle of Man Gambling Supervision Commission announced that it has revoked the license of Metagrow Solutions over its director’s links with cybercrime. Originally suspended on November 12, the license was then officially canceled on December 6. Metagrow’s Director Was a Part of Dealings with Stolen Data Metagrow Solutions is an online gaming software company […]
Business
December 10, 2024
Philippine Gambling Sector on Track for $6B Revenue in 2024
The gambling sector in the Philippines is expected to continue growing, surpassing the reported gross gaming revenue (GGR) in 2023. That’s the opinion of the chairman of the Philippine Amusement and Gaming Corporation (PAGCOR), Alejandro Tengco, who recently spoke to reporters. GGR to Continue Growing, Plan to Ban POGOs Underway The target set by PAGCOR […]
Legal
December 9, 2024
Indonesia Arrests Man Suspected of Laundering Illegal Gambling Proceeds
A Chinese national believed to be a part of an illegal gambling syndicate has been arrested in Indonesia. The man, who’s been sought by the Chinese authorities for some time, is also believed to have laundered millions of dollars from the illegal operation. Criminal with Ties to Illegal Gambling Has Been Arrested Beijing had issued […]
Industry
December 6, 2024
Malaysia Targets Online Gambling in Proposed Cybercrime Law Amendments
Malaysia aims to toughen up its cybercrime laws by making big changes to the Communications and Multimedia Act 1998 (CMA). This move comes as the government tries to handle the rise in online crimes such as illegal betting, scams, and other damaging digital acts. Amendment Bill Introduced to Strengthen MCMC’s Authority Communications Minister Fahmi Fadzil […]
Legal
December 5, 2024
POGOs Skirt Crackdown with Dozens Still Up and Running
New media reports have surfaced that the POGO sector in the Philippines has not been completely shuttled following Executive Order 74, a Presidential decree that essentially criminalized the activity and outlawed it last month. POGOs Remain in Business but the Clock Is Ticking Fast forward to December, and some operators continue to operate. As many […]
