Tuesday, March 19, 2024

Sharon Singleton

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https://agbrief.com/about-asia-gaming-brief/
Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television. As Managing Editor she's been working with Asia Gaming Brief since 2013 and her specialties are: Business, current affairs, fluent in Italian, French, with working knowledge of Spanish.

LATEST NEWS

Pronet Gaming CEO shares industry outlook at ASEAN Gaming Summit

Pronet Gaming CEO Alex Leese shared his personal outlook on the industry during a fireside chat at the ASEAN Gaming Summit in Manila earlier...

Lower licensing fee to help in “cleanse” of “black market” POGOs – Officials

Lower licensing fees and tighter probity checks are helping to "cleanse" the multiple criminal elements reported in previous Philippine offshore gaming operators (POGOs) operations, PAGCOR officials commented.

Bloomberry well prepared for opening of Solaire North in late May 

The Philippines' land-based casino leader, Bloomberry Resorts Corp, says that it is well-prepared for its second integrated resort project - Solaire Resort North, set to open in late May.

Philippines to become second largest ASEAN gaming market – PAGCOR Chairman

Privatisation and regulatory reforms should position the Philippines as one of the most "attractive gaming jurisdictions, not only in Southeast Asia region, but in the Asian Pacific sphere in in the near and middle term, only surpassed by Macau, Alejandro H Tengco, Chairman and CEO of PAGCOR said today.

SkyCity appoints new Chief Information Officer

New Zealand's SkyCity Entertainment Group Limited has announced the appointment of Andrew McPherson as Chief Information Officer, effective from March 18, 2024 pending all requisite regulatory approvals.

China urges citizens to avoid gambling in Singapore

China's embassy in Singapore issued a strong advisory to its citizens, urging them to refrain from any form of betting while in the city-state, citing violations of Chinese laws regarding overseas gambling.

Thailand’s Deputy Police Chief summonsed over money laundering charge linked to online gambling

Police in Thailand have summonsed deputy national police chief Pol Gen Surachate Hakparn to face a money-laundering charge in connection with alleged online gambling.

FE Consortium’s Czech gaming biz aims to raise $41.4M via IPO

Palasino Holdings, a Czech gaming and entertainment company and a subsidiary of the Far East Consortium, plans to raise approximately HK$323.4 million ($41.4 million) through its initial public offering (IPO) of shares.

Regulator urges Macau casinos to implement ‘comprehensive’ management via technology

In a recent meeting with Macau gaming operators, the casino regulatory body in Macau, the Gaming Inspection and Coordination Bureau (DICJ), urged them to update their monitoring systems on the gaming floor. The aim is to implement 'comprehensive management through technology’.

Macau operators’ dividend delay, deleveraging still a priority

Five out of six gaming operators in Macau are unlikely to resume dividends by 2025, though Sands China and MGM China seem to be in a better position than others, according to calculations by Morgan Stanley.

India’s ‘Lottery King’ emerges as nation’s top political donor amidst allegations of fraud and money laundering

Amidst accusations of fraud and money laundering by authorities, Santiago Martin, often dubbed India's "lottery king," has surfaced alongside his company as the foremost political donor in the nation.

ASEAN Gaming Summit kicks off tomorrow!

After months of building anticipation, Asia’s premier gaming event is kicking off on Tuesday, March 19th, with speakers, exhibitors and participants already flooding into the Philippine capital to meet at the Shangri-La The Fort.

Despite gaming operation improvement IEC doubles net losses in 2H23

International Entertainment Corp (IEC) has reported approximately HK$42.2 million in losses in the second half of last year, marking a significant increase from the loss of approximately HK$6.4 million recorded in the previous six-month period.

Brunei bans claw machines for fear of gambling elements

The country of Brunei Darussalam has banned claw machines out of concern that they may be considered gambling which is in breach of local laws.

Vietnam urges Macau to ease visa regulations

The Consul General in Hong Kong and Macau (China) has proposed that Macau implement measures to revive and broaden bilateral tourism, such as easing visa regulations for Vietnamese travelers.

Nagasaki no longer pursuing the IR project: report 

The Nagasaki Prefectural Government has expressed its intention to no longer pursue the integrated resort (IR) plan after being rejected by the Central Government in December last year.

Refurbished border to Macau reopens, capable of passing 350k daily

The refurbished border checkpoint Gongbei, linking mainland China and Macau, reopens today.

New Zealand online gambling tax revenue falls far short of expectations

The New Zealand Inland Revenue Department has provided its own estimates regarding the government's plan to increase revenue from online gambling, which are significantly lower than what was anticipated by the National Party before the election.

Hong Kong Jockey Club open to NBA betting if gov’t approves: CE

The Chief Executive of the Hong Kong Jockey Club, Winfried Engelbrecht-Bresges, has expressed openness to catering to NBA betting if permitted by authorities, contingent upon governmental decisions.

Philippines aims for Asia’s 2nd largest gaming hub by 2025

According to Alejandro H. Tengco, Chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), the Philippines is poised to surpass Singapore by 2025 as Asia's second-largest gambling hub, following Macau.

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