The ruling Liberal Democratic Party has backed away from its plan to enact the Casino Bill through the House of Councillors and into law on Friday. Instead, it has agreed to hold some hearings in the Cabinet Affairs Committee next week.
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Macau is preparing to cut the amount of cash China UnionPay card holders can withdraw from ATM machines, in a move from China to curb capital flight.
Philippine President Rodrigo Duterte said he would allow Jack Lam to do business in the country again if he apologized for bribing an official and paid the correct taxes.
Unable to make any significant headway in its Miami project, Genting Malaysia Berhad has reportedly turned some of its attention to a casino in South Florida.
The Cambodian government has been working on measures to control and manage online gambling, said an official at the Ministry of Economy and Finance.
Paulo Martins Chan, director of the Gaming Inspection and Coordination Bureau says he is hopeful for revenue growth in Macau’s gaming sector in 2017.
Macau’s Financial Intelligence Office received a total of 1,118 suspicious transaction reports during the first half of 2016, a surge of 22.9 percent compared to the first half of 2015, according to data released from the Office.
Sands China Ltd has been awarded ‘Best Hotel Development’ for The Parisian Macao at the China Property Awards 2016 held in Hong Kong on December 7, 2016.
Matt is an international lawyer with a focus on tech, media, gaming and sport. Based in Singapore at global law firm Olswang.
Albert Climent is an entrepreneur and gaming consultant based in Asia, with a background in the European and Asian on-line gambling world.
Carl Wahlin is owner of Asian Gate Consultants Group, and Director of Pacific Gaming Investments and Inter-Active Entertainment Systems Technologies Inc.