Monday, May 27, 2024

Jaydeep Chakravartty

Jaydeep Chakravartty
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Jaydeep Chakravartty is an iGaming Consultant and has worked with some of the leading gaming businesses worldwide. Jaydeep worked with Markor Technology (earlier Nektan PLC) as Vice President of Commercials and expanded Markor’s reach in established and emerging markets in Asia and Africa. Before Markor, Jaydeep worked with Ingenuity Gaming since their foray into eGaming.

LATEST NEWS

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.

Macau visitor arrivals total 2.6 million in April

Macau’s visitor arrivals during the month of April totaled about 76 percent of those seen in the same month of 2019, topping 2.6 million, a monthly fall of 4.4 percent and a yearly increase of 14.4 percent.

China Ecotourism secures sports lottery terminal contracts for Guizhou and Guangxi

Guangzhou Lottnal Terminal Company Limited, a subsidiary of China Ecotourism Group Limited, has secured significant contracts for sports lottery terminal procurement projects in Guizhou and Guangxi provinces.

Study reveals link between alcohol use and gambling in Victoria

A recent study on the relationship between alcohol use and gambling among adults in the Australian state of Victoria, revealed that younger adults, higher-income individuals, and men were more likely to engage in both behaviors.

American Gaming Association President to kickstart upcoming G2E Asia

The President and CEO of the American Gaming Association, Bill Miller, will be a keynote speaker on the first day of the upcoming G2E Asia and Asian IR Expo.

Philippine Senator accuses “POGO Mayor” of ties to criminality

The case of “POGO Mayor” Alice Guo continues to grip the headlines in the Philippines, with accusations of criminality being voiced by a Senator.

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