Casino
October 20, 2022
PAGCOR Donates $331,000 to Various Causes in the Philippines
PAGCOR has been a bulwark in the Philippine gaming industry. The regulator-slash-operator of gaming businesses in the Asian country has also been a big contributor to the state budget, good causes, relief funds, educational initiatives, and local government schemes. PAGCOR’s Corporate Social Responsibility mandate has now resulted in a total of PHP19.5 million or $331,000 […]
Casino
October 20, 2022
PBI Confirms Repatriations of POGO Workers Begin
The Philippines Bureau of Immigration is delivering on its promise to repatriate workers who worked in the Philippine Offshore Gaming Operators (POGOs) without the necessary visa and permits to work. The PBI has vowed to send home around 40,000 workers (previous numbers put them closer to 48,000), with the first six of those processed on […]
Industry
October 20, 2022
Macau Gambling Tax Recovers in September
Macau’s government has been able to collect a tidy sum from the special administrative region’s casino concessionaires for the month of September. This is owing to both the fact that there has been a relaxation in travel restrictions and because of a tax hike that enabled Macau to gather bigger sums from operators in the […]
Legal
October 19, 2022
Nagasaki Begins Hearing Case on Public Funds for IR Plan
In April, the Japanese prefectures of Nagasaki and Osaka expressed their wish to build two integrated resorts (IR) by officially submitting their IR development proposals to the national government. Some representatives of the local communities were not very pleased when hearing about the proposals. In June, a series of anti-gambling civil groups started to challenge […]
Industry
October 19, 2022
Macau Reports Fewer Suspicious Transactions in 2022
Macau has always wanted to make sure that its gambling industry is kept under control. A stat that tracks the number of Suspicious Transaction Reports (STRs) has indicated that the year-over-year number of such incidences dropped by 13.4% to 1,677 in the first nine months of 2022. This has to do partially with the fact […]
Sports
October 18, 2022
Me88 and Conor McGregor Strike SEA Deal
Asian online betting operator Me88 and professional cage fighter and ex-Ultimate Fighting Championship (UFC) double champion Conor McGregor have signed a Brand Ambassador deal. According to the new partnership, the UFC icon will turn into the official Brand Ambassador of the operator in Southeast Asia. “An Honor to Join Fists with Me88” The ex-fighter who […]
Industry
October 18, 2022
Dismal Q3 for Macau Casinos, Negative 2022 Trend Continued
Casinos in Macau continued to struggle in the third quarter of 2022, revealed the quarterly gaming statistics report of the Gaming Inspection and Coordination Bureau (DICJ). Record-Low Year on the Horizon Macau casinos registered for the three months ended September 30, 2022, games of fortune gross revenue of just HK$5.55 billion ($707 million), sliding down […]
Industry
October 17, 2022
Cambodia Raids 10,000 Suspects in Illegal Gambling Locations
Cambodia has launched a wide-scale raid on thousands of suspected illegal gambling establishments, resulting in the targeting of at least 10,000 locations. Authorities have carried out the raids for over a month and they are now bringing charges against 127 of the venues, media reported. Cambodia Hits hard Against Suspected Illegal Gambling Venues The operation […]
Industry
October 14, 2022
Macau Casinos Debt Rises to $24B Due to Q32022 Losses
The casino industry in Macau has suffered for a long time from China’s restrictive zero-COVID policy and it shows vividly in the financial results reported for the third quarter of 2022. Macau Casino Industry Debt May Rise to $24 Billion on the Back of Losses in Q32022 According to the results reported by the casino […]
Industry
October 13, 2022
Cambodian Authorities to Continue with Gambling Crackdown
Cambodia authorities are adamant that the crackdown on illegal gambling should continue, confirmed Minister of Interior Sar Kheng, who also warning law enforcement officers to avoid getting involved with these crimes. Gambling Preludes Serious Crimes Kheng addressed the issue of online gambling alongside drug offenses while speaking at the inauguration of a new school building […]
