Tuesday, May 28, 2024

António Lobo Vilela

António Lobo Vilela
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https://www.macaugaminglaw.com/
António Lobo Vilela 温令韜 is a lawyer qualified to practice in Macau (where he is based), Portugal, and Brazil. His practice is almost entirely focused on gaming law. Lobo Vilela is the Macau Gaming Law Book author, a four-volume treatise on Macau (casino) gaming law, published in 2020 (www.macaugaminglaw.com).

LATEST NEWS

China’s individual visa policy starts without direct flights to Macau

The inclusion of eight mainland cities into the Individual Visit Scheme (IVS) for visits to Hong Kong and Macau came into effect on Monday, May 27th, however a lack of flight links could hamper visitation.

Philippine Senator Sherwin Gatchalian files bill to ban POGOs

Philippine Senator Sherwin Gatchalian has introduced a bill to ban Philippine Offshore Gaming Operators (POGOs) citing rising criminality linked to the industry.

Kuala Lumpur cops bust call center tied to gambling, love scams

Police in Kuala Lumpur have arrested 12 individuals following a raid on a call center involved in a love scam and online gambling operations in the city.

Philippines likely to exit FATF grey list despite gaming-linked money laundering: Moody’s

The Philippines is likely to exit the “grey list” of the Financial Action Task Force (FATF) soon, despite a high incidence of money laundering, mainly in the gaming sector, says a Moody’s analyst.

Macau casino staff recruited by crime syndicate for cheating scheme, 8 arrested

A criminal syndicate is suspected of recruiting casino employees in Macau to manipulate poker cards, causing specific sequences and outcomes in games.

Belle Corp to cut the number of directors from 9 to 7

Belle Corp, the parent company of Premium Leisure Corp (PLC), has announced a streamlining of operations by decreasing its number of directors.

Emperor Entertainment to acquire Hong Kong serviced apartment building for $90M

Emperor Entertainment Hotel Ltd has announced an agreement with its parent company to acquire a serviced apartment building in Hong Kong for HK$700 million ($90 million).

Shin Hwa World planning a major capital reorganization

South Korean integrated resort operator Shin Hwa World Ltd has announced a Special General Meeting to be held on June 13th to discuss a major capital reorganization, which includes consolidating shares and reducing share capital to offset accumulated losses.

Group alerts to surge in young gambling addictions in Japan

Japan's Society Concerned about Gambling Addiction has pointed out that the proliferation of online betting due to COVID-19 has led to a surge in young individuals developing gambling addiction.

“POGO Mayor” can seek reelection despite preventive suspension: election commission

Alice Guo, known as the "POGO Mayor", can run for reelection in next year's midterm elections despite facing a pending preventive suspension, the Philippine Commission on Elections (Comelec) announced on Thursday.

Macau’s 1Q GDP shows 25.7% y-o-y growth, reaching 87% of pre-COVID levels

Macau's first-quarter gross domestic product (GDP) surged by 25.7 percent year-on-year in real terms. This marks a robust rebound, bringing it to 87.2 percent of the pre-pandemic level.

Jade Entertainment’s sportsbet brand suspends operations over unpaid bond

Jade Entertainment and Gaming Technologies has suspended operations of its Jade Sportsbet brand after failing to pay mandatory fees to the Philippine Amusement and Gaming Corporation (PAGCOR).

Dynam Japan records 87.4% increase in net profit, announces dividend 

Pachinko hall operator Dynam Japan has recorded an 87.4 percent increase in net profit attributable to owners for the 12 months ending on March 31st this year.

ACMA blocked 8 more illegal offshore gambling websites

Eight more websites have been blocked by Australian media authorities (ACMA) for breach of interactive gambling laws.

Arrested Philippines commandos provided security to Chinese POGO executive: report

Two commandos from the Philippine National Police-Special Action Force (PNP-SAF) were found to be working illegally as security escorts for a Chinese executive of a Philippine Offshore Gaming Operator (POGO).

Airport lounge for Hong Kong and Zhuhai Airports launched in Venetian 

Three companies related to services at Hong Kong and Zhuhai Airports have established the "Dual Cities" airport lounge at the east entrance of The Venetian Resort in Macau. The project aims to support Macau travelers and residents with convenient access to flights from Hong Kong and Zhuhai airports.

Wynn Resorts’ joint IR project construction to ‘significantly’ boost Ras Al Khaimah GDP: Fitch

The ongoing Wynn Resorts joint integrated resort projects in Ras Al Khaimah's (RAK), UAE are expected to provide significant short-term growth momentum to the emirate, and serve as a catalyst to attract further investment, Fitch Ratings predicted in a recent analysis.

Macau reports 89% STR increase y-o-y in 1Q24

In the first quarter of 2024, Macau's gaming sector experienced a significant 89.1 percent year-on-year rise in suspicious transaction reports (STRs).

Thai province near Malaysia border expresses interest as casino location

The southern Thai province of Songkhla, bordering Malaysia, has expressed interest in hosting a casino to boost tourism.

SOFTSWISS report highlights surge in live and mobile betting in 1Q24

There has been significant shift towards real-time wagering, and from desktop to mobile betting, in the first quarter of this year, a report by iGaming software developer SOFTSWISS pointed out.

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