Industry
April 13, 2022
2022 G2E Asia Moved to Singapore amid China’s COVID-19 Outbreak
Global Gaming Expo Asia’s organizers have decided to move the hosting location for its 2022 event. Instead of it taking place in Macau, the new host will be Singapore. Previously, G2E Asia has been postponed a few times to China’s zero COVID policy, which makes it impossible for foreigners to enter the special administrative region. […]
Casino
April 13, 2022
Alleged Broken Tooth Leader Surrenders in Malaysia, Goes Free on Bail
The Broken Tooth Triad was until recently one of the most feared organizations in Asia and one of its alleged leaders, Nicky Liow Soon Hee, is a man you would not want to cross. He went into hiding a year ago but has now surprisingly resurfaced in Malaysia and turned himself to local authorities. Liow’s […]
Casino
April 12, 2022
PAGCOR Contributes $155M to Philippines Government in 2021
The Philippines has stuck by its gambling industry and it has all paid off. PAGCOR, the country’s gaming regulator, has contributed an estimated $115 million in cash dividends to the National Treasury in 2021, making it one of the biggest taxpayers. President Rodrigo Duterte, a hardliner against all vice, has shown surprising leniency in championing […]
Legal
April 8, 2022
Singapore Man Tries to Illegally Pay a Gambling Debt, Gets Caught by Police
Many gambling proponents, both individuals, and companies consider gambling to be a fun activity if done responsibly, but that wasn’t the case for the 20-year-old Terry Tong Hong Zhi from Singapore, who lost S$40,000 ($30,000) worth of loans while gambling online and was caught by the police while trying to obtain the money back in […]
Casino
April 4, 2022
Nepal Authorities Revoked Three Casino Licenses
Three casinos in Nepal were stripped of their operating licenses for failing to meet their duties to the state, reported The Himalayan Times. The three incumbents are due NRP905.5 million ($7.51million). Ultimatum Deadline Day Passed The Department of Tourism (DoT) of the Himalayan country revoked the licenses of Rock International, Happy Hour Kathmandu and Oriental […]
Industry
April 4, 2022
NagaCorp Reports Strong 1Q2022, Preliminary Results Say
NagaCorp, the company that operates NagaWorld located in Phnom Penh, Cambodia, announced its unaudited financial results covering the period that ended March 31, 2022. NagaCorp on Its Way to Financial Rebound Last year, the company has seen difficulties mainly because of COVID-related closures. Due to the COVID-19 pandemic, NagaCorp had to temporarily suspend its operations […]
Casino
April 4, 2022
Macau’s Grand Emperor Hotel Casino to Shutter Operations in June
Concessionaires in Macau have faced many challenges over the last couple of years. The COVID-19 pandemic has kept revenues low and operational results ailing, but the special administrative region may finally be turning a corner despite struggling performances. To cope with the stress of the past two years, some companies have decided to reduce their […]
Legal
April 1, 2022
$36M Missing, Junkets Involved, Says Macau Police
Earlier this week, the Judiciary Police in Macau unveiled details regarding a case involving junkets that resulted in $36 million in missing proceeds. Two Men Arrested, Police Say They Took Money from 18 Individuals Police authorities in Macau said Tuesday that they arrested two men, allegedly involved in a criminal syndicate and fraud related to […]
Industry
April 1, 2022
Macau Government Confirms Stricter Rules for the Casino Gambling Sector
The Executive Council of Macau announced that the Macau Special Administrative Region (SAR) government would submit to the Legislative Assembly a new gaming law for the optimization and improvement of the gaming sector, suggesting stricter rules for those who operate in the sector. On March 31, 2022, the Executive Council pointed out the main aspects […]
Sports
March 31, 2022
APE Recognizes Need for Innovation, Focuses on the Metaverse
Asia Pioneer Entertainment Holdings Limited (APE) has said that it will seek to diversify its product offering and turn to metaverse experiences as a way to attract more consumers and travelers. The company cited the significant drop in visitors to Macau and across Asia as the reason why new solutions will be necessary to engage […]
