The Latest in asia
Casino
May 23, 2022
Japan’s Authority to Hear Feedback on Screening Criteria
The Japan Casino Regulatory Commission plans to soon reevaluate its screening standards. The authority has opted to listen to public comments ahead of introducing changes to its criteria. Japan’s Regulator Will Listen to the Public’s Feedback The regulator said that it will listen to what the public has to say when it comes to screening […]
Industry
May 23, 2022
Meghalaya Doesn’t Think Scrapping Gaming Act Is Good
The State of Meghalaya in India is likely to proceed with its legalization push, or rather the expansion of the current gambling operations in the state. Responding to criticism of the current way gambling is regulated in the state, state chief minister Conrad K. Sangma said on Saturday that a proposal to repeal the existing […]
Industry
May 20, 2022
Bernstein: Digital RMB May Benefit Macau Gambling
Finance experts from Bernstein have analyzed how going cashless might affect Macau’s gambling economy. The analysts believe that it will revitalize the sector – something it desperately needs right now. Bernstein Spoke about Macau and Digital RMB Bernstein finance specialists have commented on the prospects of introducing China’s virtual currency, the digital renminbi (digital RMB) […]
Casino
May 20, 2022
Alvin Chau Transfers Suncity, Summit Ascent Stakes
For a while, the fate of Alvin Chau Cheok Wa’s assets, the former chairman of the embattled Suncity Group, remained unknown. Now, a new filing submitted to the Hong Kong Stock Exchange shows that the man has decided to transfer his stakes to Andrew Lo Kai Bong, a Suncity Group executive director. He has also […]
Casino
May 20, 2022
Bloomberry Prepares New Casino Resort in the Philippines
Bloomberry Resorts Corporation, the parent company behind Solaire Resort and Casino in Manila, the Philippines, has revealed that it will pursue a third property in the country. A new integrated resort is now being planned for the region south of Manila, in Cavite, which should enable the company to capitalize on the return of tourists […]
Casino
May 20, 2022
Thai Parties Propose Casino Reforms
Thailand currently prohibits most forms of gambling but some parties seek to change that. While betting on horseracing and playing the state lottery is legal, the country is yet to introduce land-based casinos and iGaming. Thai Powers Propose Gambling Reforms A few minor political parties have banded together to propose changes to Thailand’s Gambling Act. […]
Sports
May 19, 2022
ARF States That White-Labelling Is a Major Problem to the Gambling Industry
The Asian Racing Federation has expressed its concerns over white-labeling services as the federation states that they make it hard to differentiate between legal and illegal gambling sites. “The State of Illegal Betting Report,” an analysis by the ARF, claims that the public has particular problems in distinguishing between legal and illegal sites. The UKGC […]
Casino
May 19, 2022
Billionaire Restarts Genting Cruises Under Resorts World Brand
Cruise ships took a hit during the pandemic, but their story is far from over. Genting Group chairman Lim Kok Thay believes that a new line he has launched will have better luck than his previous venture, Genting Hong Kong. The new cruise line, aptly called Resorts World Cruises, is starting on June 15 and […]
Legal
May 19, 2022
Macau Legislators Continue Gaming Law Amendments Discussions
Macau casino workers may be dismissed without cause in the future if concessionaires are being suspended from operating for one month to one year due to non-compliance, according to the proposed amendments to the Gaming Law, revealed local news outlet Inside Asia Gaming. Compensation for Concessionaires if Contract Suspended The Macau Legislative Assembly continued to […]
Casino
May 19, 2022
India Plans to Introduce 28% Tax on Online Gambling
India is not the warmest place if you are a gambling company. The country is currently in the midst of discussing a legislative change that would increase the tax applied to online gambling operators to 28% of the face value of each bet. This is done to bring online gambling in line with casinos and […]