Casino
March 25, 2022
Prefecture Assembly in Osaka Shows Support for MGM IR Bid
MGM Resorts Japan’s plan for an integrated resort (IR) in Osaka gained traction after lawmakers in the prefecture approved a development plan. Osaka IR Project Takes a Step Forward On Thursday, lawmakers discussed the IR project in Osaka during a prefectural assembly. The project received broad support from members of the Liberal Democratic Party and […]
Business
March 23, 2022
IGT Extends Contract with Singapore Pools Once Again
Global supplier of iGaming solutions International Gaming Technology (IGT) has agreed to a six-year partnership with Singapore Pools Limited. As a result, IGT will be powering Singapore Pools’ lottery solutions through its dedicated Aurora system which is now rolling out across all shops in the country. Singapore Pools and IGT Continues to Carry On Together […]
Casino
March 23, 2022
Plgen Holdings Wants to Pursue Primorye Project in Russia
In the wake of the Russian invasion of Ukraine, many businesses have quit or stalled their plans in the country aggressor. NagaCorp was one of the latest companies to say that it would discontinue current plans, sit back, wait for the situation to develop and then decide what it can do about its planned integrated […]
Blockchain
March 21, 2022
India to Tax Crypto Same as Lottery Winnings
India is preparing to regulate its cryptocurrency industry – in fact, it’s already there, and the country is introducing a 30% tax that will apply to investor capital gains. The levy will be rolled out in April and it will be the first time that a formal law has been passed to try and finally […]
Casino
March 18, 2022
MGM Resorts Japan Confident in Bidding for IR Project
Japan’s casino resorts industry is on choppy seas. Many bidders have decided to withdraw from the process altogether, citing geopolitical uncertainty and the COVID-19 pandemic which has bled tourism dry over the past several years. However, for MGM Resorts Japan, quitting the IR race isn’t much of an option – or at least the company […]
Sports
March 16, 2022
E-sabong Addiction ‘Forces’ Woman to Pawn Her Child to Repay Debt
E-sabong has long been one of the most popular activities in the Philippines and the pandemic really highlighted the need for more regulation in the sector. The country made a quick course correction to regulate betting on cock fights and introduced online wagers, hoping to clamp down on illegal gambling but also bolster its own […]
Casino
March 15, 2022
Cambodia Court Released Eight Women LRSU Activists on Bail
Cambodian authorities released eight of the trade union members detained in January and February this year after the country was condemned for human rights violations by the UN. Ending Repression against LRSU Activists The conflict between the Labour Rights Supported Union of Khmer Employees (LRSU) of NagaWorld and NagaCorp around the unlawful layoff of 365 […]
Casino
March 15, 2022
New Regulations Adopted by SEC Could Result in Melco Delisting from NASDAQ
Melco Resorts and Entertainment could be delisted from NASDAQ as the US Securities and Exchange Commission (SEC) adopted new regulations concerning foreign companies back in January. Even though there’s still no immediate cause for concern, the news rocked the company as its shares fell 15% on Friday. The news comes just after its CEO applied […]
Casino
March 15, 2022
South Korea Relaxing Travel Measures, Health Protocols in Place
South Korea is moving forward with suspending the majority of COVID-19 travel restrictions, albeit with a few caveats. The country prepares to welcome tourists back starting from March 21, but this will come with its own requirements, including the fact that any inbound traveler must be fully vaccinated against COVID-19. The new travel requirements were […]
Casino
March 14, 2022
Melco Resorts CEO Applies for License Extension Through December 31, 2022
Melco Resorts has become one of the first companies in Macau to apply for a license extension, the company chairman and CEO Lawrence Ho confirmed. The company is seeking to extend its concession by another six months in the special administrative region (SAR) as a final draft of binding regulatory and licensing agreements is expected […]