Fred Gushin and Paul Bromberg
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http://www.spectrumgaming.com/Fredric Gushin is Managing Director of Spectrum Gaming Group, an international gaming consultancy. Spectrum is US-based and provides a wide range of services to a variety of governmental and private sector clients. Gushin has managed Spectrum’s engagements throughout Asia and Australia.
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Paul Bromberg, based in Bangkok, is Senior Vice President of Investigations (Asia) for Spectrum Gaming Group. He has worked in Asia for over 30 years.
LATEST NEWS
The Star to sell Treasury Brisbane Casino building for $45.5M
Australian gaming operator The Star Entertainment Group has announced that is subsidiary in Queensland has reached an agreement to sell its leasehold on the Treasury Brisbane Casino building for $45.5 million.
75 Chinese POGO employees deported from the Philippines
The Presidential Anti-Organized Crime Commission deported 75 Chinese nationals after discovering they were employed at an illegal Philippine Offshore Gaming Operator (POGO) hub in Pasay City.
Universal Entertainment completes early redemption of $760M notes
Japanese conglomerate Universal Entertainment Corp, the parent company of Okada Manila, has completed the early redemption of overseas privately placed notes valued at $760 million.
Creditors of IPI continue to oppose sale price of casino property
The unsecured creditors of Imperial Pacific International continue opposed to the bid price for the sale of the casino property, filing an opposition to IPI’s motion to approve the bid price of $10 million.
No report yet on displaced POGO workers: Labor Secretary
No report on displaced Philippine Offshore Gaming Operator (POGO) workers has yet been received by the nation’s Department of Labor and Employment, according to the Labor Secretary.
AGEM Index increased by 5.5 percent m-o-m in August
The AGEM Index marked August with a high note, rising by 5.5 percent from the prior month. Compared to one year ago, the index was up by 35.7 percent.
Alice Guo back in Manila, faces decades in prison if convicted of money laundering
Dismissed Bamban 'POGO Mayor' Alice Guo is back in Manila and, together with alleged conspirators, could face up to 560 years in prison if convicted of money laundering.
Super Typhoon Yagi severely restricts travel to Macau
Super typhoon Yagi has already severely limited non-land based travel to Macau, with ferry services between the gaming hub and Hong Kong suspended entirely as of 3pm (from Hong Kong) and 4pm (from Macau).
Philippines, Indonesia discuss possible swap for fugitive Alice Guo
Authorities from the Philippines and Indonesia are discussing a potential prisoner swap involving fugitive POGO mayor Alice Guo and an Australian drug smuggling suspect wanted by Jakarta.
South Korea’s Kangwon Land gets approval to expand casino
Kangwon Land has received approval from South Korea's Ministry of Culture, Sports, and Tourism for an expansion of its casino facilities.
HK local racing turnover down by 10% due to illegal betting, outbound tourism and “aggressive marketing” by Macau casinos
Hong Kong’s betting turnover on local races fell by nearly 10 percent in 2023, with the Hong Kong Jockey Club (HKJC) attributing the decline to a rise in illegal gambling and increased spending by residents outside the city.
Philippines sees 3.3M international visitors in first eight months of 2024
According to data from the Department of Tourism (DOT), international visitor arrivals in the Philippines increased by 10.9 percent between January and August compared to the same period last year.
The Star reviewing its financial and liquidity position with advisors
Australian gaming operator The Star has released an update, confirming that it is ‘reviewing its financial and liquidity position with various advisors’ in preparation of the launch of its financial results for the January-June period.
Philippine lawmakers eager to question ‘POGO Mayor’ Alice Guo following her arrest
Lawmakers in the Philippines hope that Alice Guo’s arrest will pave the way for her appearance in ongoing probes by the Senate and the House of Representatives.
Thailand’s King gives green light to Paetongtarn Shinawatra’s new cabinet
Thailand's King Maha Vajiralongkorn has officially endorsed the new cabinet formed by Prime Minister Paetongtarn Shinawatra, with Julapun Amornvivat, a key figure in the effort to legalize casinos, retaining his position as deputy finance minister.
‘POGO mayor’ Alice Guo arrested in Jakarta
‘POGO mayor’ Alice Guo has reportedly been arrested in Indonesia, with confirmation from the Philippines’ Department of Justice and National Bureau of Investigation.
Macau International Airport sees growth in traffic during summer, announces upgrades
Macau International Airport (MIA) experienced a substantial increase in passenger traffic and aircraft movements during the summer holiday period of July and August 2024.
Police reform crucial before legalizing casinos, says Thai academic
Police reform is essential before the government considers legalizing casinos and other underground businesses, according to an academic in Thailand.
Prof Dr. Attakrit Patchimnan, director...
Foreign visitors boost Jeju Dream Tower casino sales by 84% in August
Jeju Dream Tower reported an 84.4 percent year-on-year increase in monthly casino revenues, with a 44.5 percent sequential rise, reaching $24.6 million.
Cebu expands monitoring of e-games and entertainment hubs for illegal POGOs
The Cebu government plans to expand its monitoring efforts to cover Philippine offshore gaming operations (POGOs) and similar activities in the area.
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Thailand’s casino plan receives 80% approval in recent public hearing
Thailand's government is poised to advance its plan for entertainment complexes featuring casinos, following substantial support from a recent public hearing.
