Aahna Mehrotra
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https://tmtlaw.co.in/lawyers/Aahna Mehrotra is a member of the ARF Council and a Partner with TMT Law Practice, New Delhi, India.
LATEST NEWS
Universal to form Governance Committee to enhance compliance practices
Universal Entertainment Corp, the parent company of Okada Manila, has announced the formation of a Governance Committee to assess its management compliance practices.
POGO ‘Boss’ Huang Ziyang fled to Hong Kong according to Philippine Senator
Huang Ziyang, believed to be a key figure in establishing Philippine Offshore Gaming Operators (POGOs) in Pampanga and Tarlac, has fled to Hong Kong,...
The Star asked to reply until Sept 27th to recent inquiry report
The Star Entertainment Group Limited has been given until September 27th to reply to a "show cause" notice by the New South Wales Independent Casino Commission (NICC) following the release of the final report from the 2024 Independent Inquiry into the company.
Philippines tax office sees over $350 mln tax take from E-Games
The Bureau of Internal Revenue (BIR) in the Philippines is expected to collect up to PHP20 billion ($352 million) from franchise tax collection as electronic games (e-games) continue their upward growth.
Thailand’s coalition party supports casino plan but warns of monopoly risks
Thailand’s prominent coalition party, Bhumjaithai, reiterated its support for Pheu Thai’s proposal to legalize casinos but expressed concerns about the potential for monopolies.
Macau’s hotel sector saw $1B gross surplus in 2023, led by 5-star hotels
Macau's hotel sector recorded a gross profit of nearly MOP8.16 billion ($1.02 billion) in 2023, with five-star hotels contributing almost MOP5.88 billion ($736 million), or 72 percent of the total.
Avril Baynes takes helm as SkyCity Adelaide’s Managing Director
SkyCity Entertainment has appointed Avril Baynes as Managing Director of its Adelaide operations.
US sanctions gaming-linked Cambodian tycoon Ly Yong Phat for human trafficking, cyber and virtual currency scams
The United States has imposed sanctions on Ly Yong Phat, a Cambodian tycoon linked to illegal online gambling.
Thailand PM gives first policy address, statement highlights benefits of entertainment complexes
In her inaugural policy address to Parliament on Thursday, Thailand’s new Prime Minister Paetongtarn Shinawatra focused on financial stability and how to increase government revenue, including the development of mega-projects such as entertainment complexes.
Macau CE candidate calls for healthy, orderly, and sustainable gaming development
Macau's unopposed Chief Executive candidate, Sam Hou Fai, has urged gaming operators to ensure the industry’s growth is maintained through "healthy, orderly, and sustainable development.”
Angel Group commences building new factory in Macau
Casino equipment supplier Angel Group has announced the construction of a manufacturing base in Macau dedicated to producing casino-specific playing cards.
Thai PM faces calls for her removal, adding uncertainty to casino plan
Thai Prime Minister Paetongtarn Shinawatra is facing a surge of legal challenges just days after taking office, raising concerns about political instability in Thailand and uncertainty about the country's gaming industry.
Bloomberry clarifies third casino in Cavite, five to 10 years
Bloomberry Resorts Corp expects to open its third Solaire-branded integrated resort in Cavite within the next five to ten years.
Genting Malaysia issues $525M in 7.25% Senior Unsecured Notes via US subsidiaries
Genting Malaysia Berhad has announced that it will be offering $525 million in 7.25 percent senior unsecured notes due 2029 via its wholly owned US subsidiaries Genting New York LLC and GENNY Capital Inc.
PAGCOR to only start casino privatization in 2026
PAGCOR Chairman Alejandro H. Tengco has pushed back the timeline for privatizing its self-run Casino Filipino operations to early 2026.
The Star still in discussions with gov’ts, regulators and lenders over financials
Australian gaming operator The Star is still in discussions with ‘State governments, regulators and the Company’s lenders’ as it attempts to resolve its ‘financial position’.
Wynn launches $800M in unsecured notes, with $130M to go to pay off DOJ fine
Wynn Resorts Finance has launched an offering for $800 million in unsecured notes due in 2033. The proceeds are expected to help cover ‘all or a portion’ of the $130.13 million record fine imposed on the company over unlicensed money transmitting business.
Queensland pubs and clubs EGM revenue rises 13.3% in August, sets new record
Queensland's club and pub gaming sector has achieved impressive results in August, with a 3.8 percent increase in gross revenues monthly and a 13.3 percent yearly rise.
Bloomberry Resorts’ third casino in Cavite expected to open by 2028
Bloomberry Resorts, the operator of Solaire Resorts, plans to open a new casino "Solaire Puerto Azul" in Cavite by 2028, in line with the Philippine government's efforts to expand the country's integrated resort offerings and boost the gaming industry.
PAGCOR to further lower online GGR tax rates for IR operators to 25 percent
The Philippine Amusement and Gaming Corporation (PAGCOR) is going to further lower its license fees on integrated resorts’ online gaming revenues to 25 percent, effective from January 1st, 2025.
TOP AUTHORS
Macau operators’ revitalization plans slower-than-expected due to bureaucracy
Non-gaming projects promoted by Macau’s gaming operators are progressing more slowly than anticipated, primarily due to bureaucratic hurdles. Meanwhile, a local association representative indicates that a lack of clear directional planning has resulted in fragmented diversification plans.
