Malaysia

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.

A former sacked local councilor has accused Chief Minister Lim Guan Eng of the deliberate oversight of many illegal online gambling dens operating in the state.

Malaysia is considering amending archaic laws to crackdown on widespread illegal online gambling activities.

Genting Malaysia has delayed the opening of its 20th Century Fox theme park until 2017, a development that analysts say is negative for the company as the attraction was expected to be a key driver of visitation. 

Genting Malaysia’s 20th Century Fox theme park opening has been delayed until 2017, which is “a negative development" for the company, according to CIMB Research.

As VIP revenue from China’s high rollers continues to slump, Malaysia’s Genting Group is seeking to carve a niche for itself by targeting the more profitable premium mass segment across its Asian properties.

Genting Alderney, the online casino division of Genting Group, has launched a TV campaign as part of a multi-million pound marketing drive.

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