The Latest in asia
Legal
August 11, 2022
Vietnam Battling Illegal Sports Betting, Calls for Full Legalization Resurface
During a Q&A part of the 14th session of 15th National Assembly Standing Committee, the Minister of Public Security was asked about the state of sports betting within the country. His answers mostly boiled down to lack of regulatory bodies and compliant businesses to operate legally within the industry, which is currently entirely underground and […]
Industry
August 8, 2022
Digitain Joined Pin Up for Kazakhstan Expansion
Digitain a provider of sportsbook software and iGaming platform has joined forces with Pin Up, a popular online casino platform founded in 2016. The deal will see Digitain power Pin Up’s Kazakhstan offer with its sportsbook platform. Digitain and Pin Up to Offer Sports Betting in Kazakhstan The agreement will expand both parties’ presence in […]
Casino
August 8, 2022
Bloomberry Resorts Posts Strong Q2, First Half 2022 Results
The resort developer and operator, Bloomberry Resorts, released its unaudited financial results for the six months and three months ended June 30, 2022. Bloomberry Resorts Enjoys Strong First Half, Q2, 2022 The company reported a strong first half of 2022 with double-digit growth. This result was further complemented by triple-digit growth in gross gaming revenue […]
Casino
August 8, 2022
Philippines Court Lifts Freeze on Funds of Chinese Junket
An appeal from the Philippines’ Anti-Money Laundering Council (AMLC) was rejected by the Court of Appeals in the Philippines after the court confirmed its own decision on April 29 to lift the asset preservation order (APO) against a Chinese casino operator that has operations in the Philippines, which was issued in connection with the cyber […]
Industry
August 5, 2022
Macau Prosecution Formally Charged Former Tak Chun CEO Chan
Levo Chan, the former CEO of junket Tak Chun Group and former chairman of Macau Legend Development, was charged by Macau’s Public Prosecution Office and is facing up to 20 years in jail. Prosecutors Press Formal Charges Chan and eight other people were formally charged by Macau’s prosecutors Friday after the investigation of Chan’s case […]
Sports
August 5, 2022
Michael Owen to Help Maxim88 Build Presence in Asian Markets
Maxim88, a leading online sportsbook in Asia, has signed a new ambassador in the face of Michael Owen. Owen’s seasoned career has taken him through teams such as Manchester United and Liverpool in which he realized his potential and inscribed his name in the pantheon of present-day soccer legends. He played for the English national […]
Legal
August 5, 2022
Okada Manila Corporate Wrangle to Continue with Inspection
The corporate wrangle around Okada Manila casino integrated resort in the Philippines continued with the board backed by Tiger Resort Asia (TRA) sending a demand letter to the board backed by Kazuo Okada demanding internal documents inspection. Disbursing Funds from the Casino Cage TRA, the owner of 99.9% of the voting rights of Tiger Resorts, […]
Casino
August 5, 2022
Sihanoukville Gov Wants to Strike Back Against Crime and Casinos
Cambodia wants to do more to ensure that gambling establishments that launder money from criminals are dealt with once and for all. The provincial governor of Preah Sihanouk, Kuoch Chamroeun, has taken this task to heart as he wants to ensure that any gambling business associated with criminal proceedings in any way will have their […]
Esports
August 4, 2022
Manhunting Philippine Esports Team Owner After $33M Drug Bust
According to the accused, who “categorically denies” the allegations, “the truth will always prevail”. On the other side, the governmental bodies want him to “surrender and face the charges against him”. Bernard Lu Chong Wanted for Alleged Drug Smuggling The Daily Tribune reported on the National Bureau of Investigation (NBI) launching a so-called “manhunt” for […]
Business
August 4, 2022
MGM Resorts Uses Q2 Earnings Call to Stake out Thailand Interest
MGM Resorts may be among the parties interested to join Thailand in the country’s pursuit of an integrated casino resort. This is the faint signal sent by company CEO and president Bill Hornbuckle who has outlined the hospitality behemoth’s interest in exploring this opportunity further. MGM Resorts Looks into Asian Market Thailand is currently in […]