Casino
April 20, 2022
Mass Baccarat Yielded 60% of Macau’s GGR in April
Macau’s gambling market is experiencing some tough periods because of the COVID-19 pandemic. The special administrative region’s gross gaming revenues have been steadily falling because of the safety measures, with analysts expecting the situation to not get better anytime soon. Despite the hurdles, the industry continues to see mass baccarat as the most favored game […]
Casino
April 20, 2022
Macau’s Gambling Revenues Continue to Drop Amid COVID-19 Hurdles
While the COVID-19 pandemic has winded down in the Western world, China is experiencing a new wave of COVID-related hurdles. The situation has hugely affected the special administrative region of Macau, leading to a 25% drop in its gross gaming revenues (GGR). Macau’s Results for April Are Expected to be the Lowest since September 2020 […]
Legal
April 19, 2022
Third Indian State Pushes Forward with Gambling Legalization
India has not been the most gambling-friendly nation out there, but this is slowly changing. Meghalaya, a state in the country, is now preparing guidance and policies that would enable lawmakers to create binding legislation that enables private operators to launch both interactive gaming and betting. Undoing the Ways of Old The process started with […]
Casino
April 19, 2022
Sands China Let Go of 3,000 Non-local Workers since the Start of the Pandemic
Sands China’s president, Wilfred Wong has stated that Sands China has fired more than 3,000 non-local workers since the start of the pandemic. Although he did not reveal the number of local workers that were laid off, he confirmed that 75% of the current employees are Macau residents. Non-local Workers Number in Macau’s Six Concessionaires […]
Sports
April 19, 2022
Filipino Police Told Not to Relent on E-Sabong Crime Investigations
The Philippines has enjoyed a return of tourists to its islands and across its casino resorts. However, during the time visitors were gone, the country had to come up with new ways to sustain its public finances and address mounting health bills. One such way was the legalization of e-sabong contests, but this may have […]
Casino
April 18, 2022
Okada Manila Goes Ahead with Early Online Gambling Launch
The Philippines once shunned interactive gambling, but the country realized how useful the additional revenue can be in the absence of tourists and land-based gambling. While some still fear the social ills brought on by expanding online gambling would far outweigh any gains, the short-term seems to be reassuring for the country. This is why […]
Industry
April 18, 2022
Nagasaki’s Sasebo Council Approves the Final Draft of the City’s IR
Nagasaki’s Sasebo Council has given the final draft of the IR development plan the green light and now, the regional development plan will be submitted to the national government. A vast majority of the council voted in favor of the IR development plan as only one member voted against it. The Total Investment Will Be […]
Casino
April 15, 2022
Thai Committee to Soon Submit Research Results about Building a Casino Resort
Thailand may soon get its first casino resort, depending on the results of ongoing research. A 60-member extraordinary committee will decide whether such a venue will be feasible and profitable or not by the end of May. The Committee Will Submit Its Research in May The committee, led by Deputy Transport Minister Atirat Ratanasate, is […]
Industry
April 14, 2022
Macau Outlines New Penalties for Offending Junkets
Macau is not going to back down from regulating junket operators. Companies who engage in such activities would be held liable for various offenses to be inscribed in a new law and participants in junket operations would have to be on the straight and narrow to avoid what is possibly jail sentences. One of the […]
Casino
April 14, 2022
IMF Cautions Macau about Long-Term Growth as Gaming Faces Regulation
Macau has been shifting away from what is discovered to be an overreliance on its gaming industry. The realization was reinforced during the pandemic with casino properties and parlors remaining idle and officials rolling up their sleeves to tidy up the industry from its often unhealthy relationship with junket operators. IMF Sees Macau as Too […]
