Business
January 27, 2023
POGOs Feel Public Pressure in the Philippines
The county’s residents have voted in a new Pulse Asia survey, which took place between November 27 and December 1. In the survey, the majority of respondents, or some 58%, argued that POGOs are seen as harmful to society and perhaps even the economy. Vice Spreads Like Wildfire in Society Because of POGOs People were […]
Legal
January 24, 2023
PAGCOR Under Pressure for Working with Unlicensed Tax Auditor
In 2017, PAGCOR gave Global ComRCI a consultancy agreement worth PHP 26 billion ($477 million) for monitoring the revenues of licensed Philippine Offshore Gaming Operators (POGOs) and ensuring that they were paying the appropriate amount of tax. However, it has recently been exposed that Global ComRCI is not registered in the Philippines and did not […]
Poker
January 23, 2023
Americas Cardroom: Four Packages to Vietnam High Roller Event
Popular online poker operator Americas Cardroom (ACR) is offering its players a chance to win a poker experience of a lifetime this February. “Epic” Opportunity Not to Be Missed ACR announced it would be running two satellites next month which will provide four full poker vacation packages for a Super High Roller Series in Vietnam […]
Sports
January 20, 2023
PAGCOR Contributes Another $4.7M to Philippine Sports Commission
The latest remittance of funds to the Philippine Sports Commission (PSC) demonstrates that the Philippines gaming regulator and operator, PAGCOR, is an important part of the economy and its ways work. PAGCOR Continues to Support Sports in the Philippines The regulator has been lambasted by numerous MPs and insiders of the government of President Bongbong […]
Industry
January 17, 2023
JP Morgan: Macau Operators Already Profitable
They say one swallow doesn’t make a summer, so Macau has been very proactive to diversify its efforts in restoring the SAR to its previous status as one of the best tourist spots for gambling aficionados. Operators Profitable Again The investment bank’s analyst – DS Kim – provided a weekly update sharing numbers for the […]
Casino
January 16, 2023
Thailand May Legalize Casinos in IRs in a Few Years
Casino gaming may become a reality in Thailand in a few years. As reported by the Bangkok Post, the Asian country’s House of Representatives just approved a report that proposes the creation of integrated resorts with casinos. Thailand Approved a Casino Proposal The report in question is a comprehensive report that a special committee compiled […]
Industry
January 13, 2023
Singapore Actor Investigated for Promoting Illegal Gambling
An actor in Singapore is under investigation for an alleged breach of the Gambling Control Act by promoting an illegal gambling website in three video commercials. Gambling with Unlicensed Operators Terence Cao, 55, participated in various roles in the three video commercials and all of his roles silently promoted the excitement and fun derived from […]
Business
January 12, 2023
Integrated Resorts with Casinos Back on the Table for Thailand
Integrated Resorts (IRs) can help cities boost their visitation and tourism. If the resorts offer casino gambling, those activities deliver fresh tax revenue for local and government structures and at the same time decrease the share of the black market. Casinos Expected to Take 5% Of Integrated Resort Areas Now, a new report released by […]
Legal
January 10, 2023
Cambodia Carries Out a Fresh Self-Declaration Taxing Model for Casinos
According to The Khmer Times, the revenue-based taxing regime was adopted on December 30, 2022, two years after the country’s highly-anticipated casino bill was finally passed. New Taxation Regime for Gambling in Cambodia The bill called the Law on the Management of Integrated Resorts and Commercial Gambling has set the tax on mass gaming at […]
Industry
January 10, 2023
JP Morgan Reevaluates Q1 Expectations for Macau’s Gaming Sector
The global leader in financial services, JP Morgan, reevaluated the expectations for Macau’s gaming operators for the first quarter of 2023, a report released by IAG reveals. Operators in Macau Expected to Start Economic Recovery This Year DS Kim, an analyst for JP Morgan, explained that the company anticipates seeing the non-gaming GGR start its […]
