Jay Sayta

Jay Sayta
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Jay Sayta is an independent gaming Lawyer. He was the founder of the Glaws.in, the first website of its kind to monitor developments in the gaming industry in India.

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SkyCity secures $43.6M from Auckland property sale under monetization drive

SkyCity confirms the unconditional sale of its Auckland office properties to Mainland Capital for $43.6 million, settling September 1st.

Macau VIP baccarat GGR falls 18.8% QoQ in 2Q26

Macau's VIP baccarat GGR fell 18.8 percent QoQ to $1.97 billion in 2Q26, with its share of casino revenue slipping to 26.1 percent.

Indonesia blocks 3.7M gambling sites, closes 32,500 bank accounts

Indonesia's Ministry of Communications and Digital (Komdigi) has blocked 3.7 million online gambling sites and pieces of gambling-related content since October 2024, and has referred some 38,000 suspected gambling-linked bank accounts to the financial regulator, of which 32,500 have been closed.

South Korea considers lifting foreigner-only casino levy cap to 15%: report

South Korea could lift the casino levy paid into its Tourism Promotion and Development Fund to 15 percent, adding up to $33.6 million in annual costs.

Gaming and tourism recovery to lift Macau’s 1H26 GDP by 5%: think tank 

Macau GDP is seen rising 5% in 1H26 as gaming revenue and visitor growth support a moderate expansion in the local economy.

Solaire North supervisor arrested over alleged ‘ghost points’ scheme

A casino pit supervisor at Solaire Resort North was arrested over alleged manipulation of VIP gaming point accounts and rewards.

Bloomberry relaunches online gaming as FUNaloMAX after MegaFUNalo shutdown

Bloomberry officially launches FUNaloMAX, its in-house online platform, after shutting down MegaFUNalo over technical problems in May.

Cross-border racing tourism circuit tops HKJC’s Five-Year Plan wishlist

The Jockey Club's Five-Year Plan submission seeks a 'Two Cities, Three Racecourses' tourism circuit spanning Hong Kong and Guangzhou.

Genting Hong Kong exits Philippine gaming with completion of Newport stake sale: AGI filing

Alliance Global completes buyout of Genting Hong Kong's 40% stake in Newport World Resorts operator, ending the 2009 joint venture.

South Korea extradites alleged operator behind $7.5B illegal gambling network

South Korean authorities have extradited and charged a man in his 30s accused of operating an illegal online gambling network with total wagering volume of KRW10.3 trillion ($7.5 billion), marking his first return to the country in more than a decade.

Macau expands casino-backed community shuttle to 14 routes, extends run to 2027

Macau expands its casino-backed community shuttle on Friday, adding four landmark-to-neighborhood routes and extending the scheme to January 2027.

China’s 2Q26 GDP growth slows to 4.3% as investment contracts

China’s second-quarter GDP growth slowed to 4.3%, as weaker investment offset gains in income, industry and retail activity.

China, Philippines repatriate suspect linked to gambling and fraud

China and the Philippines repatriated a Chinese fugitive accused of organizing cross-border online gambling and telecom fraud.

Playtech subsidiary joins UAE regulator’s licensed vendor register

Playtech-linked VSTechnology is now licensed as a gaming-related vendor in the UAE, according to the GCGRA’s public register.

Thai cyber police arrest 12 in World Cup betting crackdown, allege almost $30M monthly turnover

Thailand's Cyber Crime Investigation Bureau (CCIB) has arrested 12 people over an alleged online gambling and money laundering network, seizing and freezing assets worth more than THB13 million ($388,000) in coordinated raids across Bangkok, Samut Prakan and Tak provinces.

HKEX adds new resumption hurdles for Century Entertainment

Century Entertainment faces added HKEX hurdles, including overdue results and an independent internal controls review process.

Macau gaming stocks not yet attractive after 25% sell-off: JP Morgan

JP Morgan says Macau gaming stocks remain unattractive after a 25 percent sell-off, as weak revenue and earnings risks persist.

Macau proxy betting deal sours as agent keeps, then loses, client’s $64K

A proxy bettor allegedly refused to return $63,800 to his client, then lost it all at Macau casinos before his arrest.

DigiPlus joins Brazil’s responsible gaming institute IBJR

DigiPlus signs up to Brazil's responsible gaming institute as it continues investing in the market under its BingoPlus brand.

Light & Wonder holds FY26 AEBITDA growth outlook ahead of 2Q26 results

Light & Wonder reaffirmed mid-to-high single-digit AEBITDA growth for 2026, after a $134 million 2Q26 buyback that is now paused.

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