Business
November 25, 2021
Macau Finds Casino Operators Can be Liable for Junket Partner Debt
On Wednesday, Macau’s Court of Final Appeal upheld a decision that found Wynn Resorts Macau jointly liable for $747,482 debt to a VIP, along with its junket partner, Dore Entertainment. Wynn isn’t satisfied with the outcome and Paulo Martins Chan, a former boss of the Gaming Inspection and Coordination Bureau (DICJ, for its Portuguese acronym), […]
Esports
November 24, 2021
Valve Permanently Bans Omega Esports from Dota 2 over Match-Fixing
With the Dota 2 competitive season successfully wrapped up and the 2021-2022 Dota Pro Circuit looming, at least one organization will be missing out the upcoming events hosted by Valve. Omega Esports, a Philippine-based esports powerhouse, has been awarded a ban from all Valve-sponsored events as allegations of match-fixing have surfaced. The organization has lost […]
Casino
November 23, 2021
Macau Sees Fewer Casino-Related Frauds in Nine Months of 2021
Macau’s gambling industry seems to be recovering, as attested by the number of casino-related frauds, which has almost caught up to pre-pandemic levels. According to the Office of the Secretary for Security cited by GGRAsia, there have been 164 attempts of casino fraud during the first nine months of the year. The numbers are comparable […]
Casino
November 19, 2021
Cambodia’s Police Frees 60 Thai Victims of Casino Human Traffickers
Cambodia is working hard to clean up its reputation for a country where overseas workers become the victims of nefarious parties. With the number of human trafficking going up in the underground online gambling sector and the United States issuing a warning to businesses to think twice before setting up shop in the country, authorities have had […]
Industry
November 18, 2021
South Koreans to Dominate Asia’s Tourism Industry and Gambling
Speaking on the Business Recovery of Macau Gaming panel at the MGS Summit this Wednesday, Aristocrat General Manager for Asia Lloyd Robson chartered a future in which South Korea will become a key market for gamblers as China continues to shut down gambling as a possible entertainment avenue at home and overseas. Yet, there are other factors […]
Casino
November 18, 2021
The Philippines Adds Third POGO on Non-Compliance List
The Philippines continues to fight against gambling operators that it contends are violating the country’s regulations in the sector. The country’s Anti-Money Laundering Council (AMLC) has listed a third Philippine Offshore Gaming Operator (POGO) of its list of non-compliance. The list focuses on companies that have obligations under the existing law, and whose license is […]
Industry
November 17, 2021
Macau Authorities Still Struggle to Find a Solution for Casino Concessions
Ho Iat Seng, the chief executive of Macau, has stated that the government will try to re-tender the gaming concessions by June next year, but the option of extending the current terms of those concessions is still open. Ho commented on the situation during a late Tuesday press conference after his 2022 Policy Address in […]
Casino
November 17, 2021
Cambodia Shuts Down 79 Illegal Gambling Websites
Cambodia has recently been named in a list of US sanctions, targeting high-government officials and arguing that the country is not a safe harbor for business, especially in the gambling sector. Citing offshore gambling, drugs, and human trafficking, and more, several institutions have issued their concerns publicly. However, Cambodia is determined to clean up its act, starting […]
Casino
November 16, 2021
Resorts World Manila Finally On the Rebound
According to Alliance Global Group (AGI), gross gaming revenues (GGR) at Resorts World Manila (RWM) increased 53% year-on-year and 46% quarter–on–quarter to Php4.9 billion ($97.5 million) in the three months to September 30, 2021. AGI holds 56.8% of RWM operator Travellers International Hotel Group Inc., while Genting Hong Kong holds 39.2%, and the rest is […]
Industry
November 15, 2021
Wakayama Residents Not as Hot about an IR as Previously Thought
Support for an integrated resort (IR) in the Japanese prefecture of Wakayama may not be as great as once assumed. Residents from Wakayama are organizing a petition for a referendum about the prefecture’s proposal to develop an integrated resort. ABC TV reports that the resident groups believe that IR should be a major concern for […]