Maya Rani
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LATEST NEWS
PAGCOR issues 40 licenses to offshore gaming operators (IGLs)
The Philippine Amusement and Gaming Corp. (PAGCOR) has issued a total of 40 licenses to offshore gaming operators or internet gaming licensees (IGL).
Hard Rock International denies involvement in The Star bid
Hard Rock International has issued a statement denying that it has made a takeover bid for Australian gaming operator The Star, just hours after The Star stated that a consortium linked to a Hard Rock entity had been in touch about ‘potential transactions’.
SkyCity agrees to $2.54M penalty in New Zealand for AML/CFT breaches
New Zealand and Australian gaming operator SkyCity Entertainment Group has announced that it has reached an agreement with NZ authorities over AML/CFT breaches and has agreed to pay a civil penalty of $2.54 million.
Malaysian court issues gag order to political activist over Forest City casino report charges
A Malaysian court has issued a gag order against a Malaysian politician and activist over his comments regarding a Bloomberg report about possible plans for a casino in Johor Bahru’s Forest City.
PH Secretary pushes to revoke “POGO Mayor” police control amid ongoing investigation
The Philippines Secretary of the Department of the Interior and Local Government has ordered proceedings to revoke “Pogo Mayor” Alice Guo’s control over the local police within her jurisdiction.
Hard Rock-linked consortium interested in ‘potential transactions, no ‘substantive discussions’ yet: The Star
The Star Entertainment Group has refuted reports that it had received a takeover bid from US-based Hard Rock, but indicates that other parties have reached out, including a local partner of the operator.
Gaming accounted for about 36% of Macau’s GDP in 2023
Macau Chief Executive Ho Iat Seng announced on Sunday that Macau's gaming industry accounted for 36.2 percent of the Special Administrative Region's (SAR) gross domestic product (GDP) in 2023, a figure aligning with the government's economic diversification targets.
PAGCOR-linked bingo with about $207,500 in prizes announced
The Philippine Amusement and Gaming Corporation (PAGCOR) announced the return of the “Mas Pinasayang Bingo Big Time Milyonaryo” linked bingo games, with a total of PHP12 million ($207,435) in prizes
Genting Chairman: group open to UAE and Thailand IR investments
The Chairman of Genting Group, Lim Kok Thay, says that the company is open to pursuing an integrated resort opportunity in the United Arab Emirates and is awaiting more information to see about whether to bid for an IR development in Thailand.
“POGO Mayor” story grips attention of the Philippine public
Alice Guo, the mayor of Bamban in Tarlac, Philippines, is currently gripping the headlines in the country due to her alleged involvement in illegal activities.
SkyCity Adelaide agrees to $44.5M penalty proposal with AUSTRAC
SkyCity Adelaide and the Australian Transaction Reports and Analysis Centre (AUSTRAC) have jointly submitted a proposal to the Federal Court of Australia, suggesting a...
Macau Legend completes sale of Savan Legend Resorts in Laos
Macau Legend has completed the sale of its Savan Legend Resorts in Savannakhet, Laos, to Japanese buyer Shundo Yoshinari.
1xBet is global betting partner of Volleyball World
The betting brand 1xBet has signed a sponsorship agreement with Volleyball World, an organization dedicated to promoting volleyball worldwide. The partnership is designed for 5 years and covers the following championships:
The Star’s Queensland license suspension extended to December 20th
The Star Entertainment Group has indicated that the government of Queensland has approved an extension of its license suspensions for both The Star Gold Coast and Treasury Brisbane casinos from May 31st until December 20th.
Sands Macau commemorates 20th anniversary
Sands Macau has celebrated its 20th anniversary, marking what the company calls a ‘period of monumental growth for Sands China and Macau’.
Mohegan INSPIRE to show positive EBITDA results already in 2024: CBRE
Analysts with CBRE are forecasting that Mohegan's INSPIRE integrated resort could see EBITDA turn positive in 2024, and reach $150 million by 2027.
Son of NagaCorp’s late founder to leave executive positions
Hong Kong-listed NagaCorp has announced that Chen Cherchi, one of the sons of the group's late founder Chen Lip Keong, will stop serving as Chief Executive Officer - Finance and Treasury, and in any other executive position in the group, effective from May 16th.
Ainsworth announces departure of Chief Technology Officer
Australian gaming machine manufacturer Ainsworth Game Technology Limited (AGT) has disclosed the departure of its Chief Technology Officer (CTO), David Bollesen.
Macau Jockey Club land officially reverts to the government
The Macau Government has officially recovered the 363,192-square meter land plot used by the Macau Jockey Club, shortly after the exploration concession reached its newly set termination deadline.
Double-digit drops in VIP GGR cause strong fall in income for Newport World Resorts
Newport World Resorts has a yearly drop in gross gaming revenue of some 16 percent, to PHP7.5 billion, according to the most recent results announced by its parent group.
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Smart table technology set to dominate main Asia market casinos by 2025: Expert
By the end of 2025, it is expected that all major properties in Macau, the Philippines, Australia, and New Zealand will adopt some form of smart table technology, primarily for Baccarat due to its implementation ease compared to other games, gaming analytics expert David Croft told AGB.
