Business
August 26, 2022
Paradise Entertainment Sees Casino Management System Revenue Decline
Paradise Entertainment continued to struggle during the second quarter of the year with Q2 2022 results once again suppressed by the lingering impact of the COVID-19 pandemic, subsequent shutdowns of properties, and reduction of operational capacity. The turbulent quarter in Macau, led to the group’s loss increasing to $12 million (HK97 million), up three times […]
Industry
August 24, 2022
Trial Against Junket Boss Alvin Chau Scheduled for September 2
The trial against Suncity Group founder and former CEO Alvin Chau has been scheduled for September 2, 2022. There are over 200 charges against Chau and 20 other defendants, which were involved in money laundering and fraud among other offenses. The trial, however, is very likely to be postponed as it is expected that some […]
Casino
August 24, 2022
MGM Expects Osaka IR to Contribute $775M to Taxes
MGM Resorts expects its Japanese integrated resort to contribute a stellar $775 million to local taxes. Ed Bowers, president of global development at MGM Resorts International, revealed more on the matter. MGM Plans to Build a Huge Integrated Resort in Osaka During the opening day of G2E Asia 2022, Bowers spoke about the company’s business […]
Industry
August 24, 2022
Indonesia to Continue Blocking Illegal Gambling Activities, Minister Says
Indonesia’s minister for communication and information technology, Johnny G Plate, has announced that authorities will do everything they can to block and remove online gambling sites. Plate stated that even though the ministry has the tools, it takes a lot of legwork to check whether these types of systems are legitimate. Over 500,000 Illegal Sites […]
Industry
August 24, 2022
Macau Sees Decline in Crime as Visitation Numbers Fall
Macau’s sweeping changes across the gambling industry have presented challenges for concessionaires in the Special Administrative Region (SAR) but they have also helped clear much of the petty crime and criminal incidents that took place at gambling properties across the city. According to a new report by Macau’s security secretary Wong Sio Chak, this is […]
Casino
August 23, 2022
Cambodia Renews 70 Gaming Licenses, Wants Industry Revitalization
The Cambodian gaming industry was hit extremely hard, with tax revenues painting a dire picture of a perfect storm – the pandemic hit and the new mandatory yearly applications for license renewals required working hands to approve those applications but those hands were missing. As the pandemic eases its grip, more and more industries should […]
Industry
August 22, 2022
ATLAS-IAC to Debut No-Risk Sportsbook at G2E Asia
After announcing a partnership with RPM Gaming for the launch of a no-risk sportsbook at the beginning of July, leading PAM software developer and sportsbook ATLAS IAC has fresh news on the topic. The company is finally ready to mark the debut of its new and exciting product at G2E Asia, the main premier iGaming […]
Casino
August 22, 2022
40 Vietnamese Casino Workers Swim to Freedom from Cambodia
Cambodia has had a poor track record with human trafficking. Many overseas workers have been arriving to the country in the hopes of securing a job – some have been lured by fraudsters who assured them that employment was already waiting for them. However, many have fallen victim to human traffickers to the point where […]
Casino
August 19, 2022
Macau Residents Fall Victim to Southeast Asia Casino Job Scams
The Chinese Judiciary Police has received reports of five cases of Macau residents being tricked into working illegal jobs involving fraudulent activities or human trafficking in various countries in Southeast Asia. Young Macau Residents Are Tempted with High Salaries to Work Dubious Jobs Abroad Macau residents are being tempted with casino jobs paying suspiciously high […]
Casino
August 18, 2022
New Research Establishes the Profile of Problem Gamblers in Macau
Macau continues with attempts to better understand problem gambling and how to prevent social ills when one of the Special Administrative Regions’ main economic outputs has to do with the industry. A new study on the prevalence of gambling now posits a theoretical profile of who problem gamblers are and what motives them. Macau Researchers […]
