Malaysia

Genting Malaysia has doubled its planned investment to revamp facilities at its flagship Resorts World Genting property in the Genting Highlands.

Genting Malaysia, the country’s only casino operator, is expected to start seeing the fruits of its RM 5 billion revamp this year, though weak domestic consumption and falling tourism numbers may hold back growth.

Mediatech Solutions, a product and services provider that supports their clients through technology products, enterprise consulting and professional and operational services, will be showcasing CANDY at ICE 2016.

A 24-year-old Malaysian man accused of stealing a casino patron’s bag containing S$900,000 (US$625,784) worth of casino chips at Singapore’s Marina Bay Sands last year has been arrested, local media reports.

Jackson Yeoh, the accused, was arrested by the Royal Malaysian Police and handed over to Singapore authorities on Jan. 20.

He will be remanded for a week as investigations continue, and return to court on Jan. 28.

If convicted, Yeoh could be fined, or jailed for up to three years, or a combination of the two.

Malaysian police raided a counting center for an illegal 4-D betting syndicate operating in Jalan Abdullah Tahir in Malaysia over the weekend, according to local media.

Police raided a restaurant in at Taman Sri Dagang in Borneo earlier this week, arresting three, and seizing ten tablets used for online gambling, and cash amounting to RM 5,500. (US$1243.5), local media reports.

According to the head of the Criminal Investigation Department, Dev Kumar, customers who wished to gamble had to collect tablets at the restaurant counter and purchase prepaid coupons to access the gambling website.

Governments from Singapore to New Zealand are concerned about their citizens betting offshore and are looking for ways to recapture, or replace, tax revenue and income for racing clubs and sporting bodies.

 

 

Governments from Singapore to New Zealand are concerned about their citizens betting offshore and are looking for ways to recapture, or replace, tax revenue and income for racing clubs and sporting bodies.

 



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Police raided an illegal “mini casino”, and arrested thirty people for gambling in the Padang Serai area in Malaysia on Dec. 8.

Sportech Racing / Digital has announced it has been selected by Sports Network Limited to provide a new central betting system and terminals in Vietnam for future deployment to racetracks in Vung Tau Madagui and Xuan Thanh.

The outlook for the gaming industries in Singapore and Malaysia remains stable despite challenging economic conditions, Fitch Ratings says in a report.

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