Tuesday, June 18, 2019

CNMI Bill proposes 10 percent net revenue tax

A local member of parliament has introduced a bill that would impose a 10 percent tax on net gambling revenue, while House Gaming Committee Chairman Ralph Yumul has drafted another that would prevent Imperial Pacific from writing off unpaid credit from its tax obligations.

Endangered seabird may have breeding ground on Yumeshima

The planned development of Yumeshima may face an unexpected difficulty as local experts suggest that an endangered seabird species called a Little Tern may be using the man-made island in Osaka Bay as its breeding grounds.

Amax sees “obvious increase” in FY2019 loss

Amax International said it expected to report an “obvious increase” in its loss for the year to end-March 2019, although it stressed the shortfall is due to one-off impairments that don’t affect the cash flow of the business.

Table Trac casino management system enters Japan

The Minnesota-based firm Table Trac, developer of a comprehensive casino management system utilized in more than 140 facilities in North and South America, has partnered with the Tokyo-based firm Broadband Security to make a bid for the coming Japanese IR market.

SG takes legal action against HK headquartered shareholder

Scientific Games is taking legal action against one of its shareholders after it repeatedly refused to comply for requests...

GSM demands apology over controversial pro-casino remarks

Political party Goa Suraksha Manch (GSM) has given the chief minister 10 days to withdraw his controversial statement that...

Gamepind to rebrand, raise US$30 million for expansion

Alibaba-backed real money gaming venture Gamepind has announced it is rebranding itself as FirstGames, and is looking to raise...

Yantarnaya gambling zone to hold land auctions

Authorities in Russia's northernmost region of Kaliningrad have given the approval to hold land auctions for about 80 hectares...

Macau’s VIPs spread their wings

Macau’s reputation as the go-to destination for casino VIPs is under threat as facilities improve in other regional destinations that offer lower tax rates and better junket margins.

Asia’s IRs power up green initiatives

As concern mounts about the global environment, many of Asia’s giant IRs are taking significant steps to minimise their impact, investing heavily in green technologies and other waste control initiatives.

 

Be socially responsible

Social responsibility has become an indispensable part of corporate operations. More than ever, companies are feeling obliged to change the way they run their...

AGB receives government endorsement for Mekong Gaming Summit

Asia Gaming Brief is delighted to announce that it has received official endorsement from H.E. Academician General Aun Pornmoniroth, Deputy Prime Minister, Minister of...

Offering table games and more

Table game technology has come a very long way from the days of the “dumb table”. As operators and their customers become more demanding,...

The best gaming story ever told

The Asia Gaming Tree Reunion, held on May 22 at Bene Sheraton at Sands Cotai Central, is set to be an eventful night. Not...

Midsummer Networking Social, 21 June, Manila

We'll be celebrating the solstice once again at the next Asian Gaming Networking Social, to be held from 6.30 - 9.30 on Friday 21...

Australasian Gaming Expo & Seminar 2019

Featuring well over 200 exhibitors, and welcoming more than 6,000 attendees across 19,000 square meters of exhibition space, the Australasian Gaming Expo (AGE) is the biggest hospitality...

Mekong Gaming Summit 2019

Due to take place at the Sofitel in Phnom Penh from 10-11 September 2019, the Mekong Gaming Summit 2019 will gather operators, regulators, ministers,...