Wednesday, May 29, 2024

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IGamiX Management says Daniel Li to head new Cambodia unit

IGamiX Management and Consulting Ltd (Macau) has announced it has set up a new Cambodian subsidiary, which will be headed by Regional Director Daniel Li.

The Star: public hearings in Bell Two Inquiry have commenced

Beleaguered Australian gaming operator The Star announced on Monday that the public hearings as part of the second Bell Inquiry into its Sydney casino operations were ‘scheduled to commence today’.

RFID tables benefits could be offset by privacy concerns: gaming expert

After Macau authorities announced their intention for all gaming concessionaires to adopt radio frequency identification (RFID) tables, commonly known as smart gaming tables, a gaming insider believes that the measure will have a "net neutral" impact on Macau’s gaming revenue.

Cambodia bets big on tourism despite yet having visa-free policy with China: Insider

Tourism is a “major focus” of Cambodia under the new leadership of the country’s Prime Minister Hun Manet, as the Southeast Asian country has “set up many initiatives to attract Chinese, not just Chinese tourism, but in general, all tourism to Cambodia,” notes gaming expert Daniel Li in an interview with AGB.

Philippines continues to lead the way, industry veterans conclude at ASEAN 2024

A group of veteran gaming operators took to the stage at the ASEAN Gaming Summit 2024 in Manila to give their opinions on the growth outlook of the Philippines.

Warning against gambling for Chinese nationals ‘not new,’ says gaming expert

A gaming expert states that the Chinese embassy's warning to its citizens against gambling overseas is "not new," as similar warnings were issued several years ago.

Under the Scope: Cambodia tightens its regulatory belt, aims to appease China

Cambodia's leadership is planning to halt the expansion of gambling within the country, but all is not lost. Gaming expert Ben Lee points out how the nation's regulatory changes could take it to the next level.

Under the Scope: FATF, junkets, STRs, financiers and workarounds

The Philippines and Vietnam remain on the Financial Action Task Force’s grey list, the only two Asian gaming jurisdictions so defined. In this week’s Under the Scope, gaming expert Ben Lee looks at the differences between each country’s strategy, the impositions they’re facing, and business and political sentiment towards their continued oversight by the financial watchdog.

The Star situation “unimaginable”, CNY boosts Macau but not ASEAN: Ben Lee

The news that Australia’s The Star Entertainment is facing a second inquiry into whether its Sydney property can hold a casino license is “unimaginable”, considering the recent negotiations over duty rates, says expert Ben Lee.

Macau gaming operators vie for market share via credit and player reinvestment

Gaming operators in Macau are pulling out all the stops to get customers, with their player reinvestment (PRI) schemes, effectively comping, reaching stunning figures as each vies for market share. Expert Ben Lee notes that the process isn’t new, but that different operators choose different ways to mask their programs.