Tuesday, June 25, 2024

Tony Ure

Tony Ure
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LATEST NEWS

Jeju Dream Tower management could face charges for fire safety regulations

Five officials from Jeju Dream Tower resort may face charges for violating fire safety regulations following an incident earlier this month.

POGO mayor Alice Guo faces new charges

Additional charges are expected to be brought against Alice Guo, who stands accused of facilitating illegal Philippine Offshore Gaming Operations (POGO) hubs, as disclosed by the Presidential Anti-Organized Crime Commission (PAOCC) .

Indonesian authorities collaborating with Interpol in online gambling crackdown

The Indonesian National Police are collaborating with Interpol to crack down on the growing problem of online gambling in the country.

Emperor Ent. confident in Macau gaming market after strong results

Emperor Entertainment has reported a remarkable financial turnaround for the financial year ended March 31st, with the company’s total revenue surging by 171 percent to $101 million.

The Star’s premium customer revenue declines continue, lowering 4Q24 expectations

Embattled Australian gaming operator The Star has announced that it’s expecting lower sequential revenue in the fourth quarter of its financial year (ending June 30th), as revenue from its premium customers declines, expenses from remediation efforts mount and the over economic environment continues to lag.

Moody’s gives positive outlook on Asia gaming operators due to further recovery

Ratings agency Moody's has given a positive outlook on gaming operators in Macau and Southeast Asia, citing the growing earnings and cash flow over the next 12-18 months as visitor numbers further improve, boosting revenue.

David Foster resigns as Chairman of The Star

The Star has announced that David Foster has resigned as director of the Board and that current interim Chief Financial Officer Neale O’Connell will be stepping in as acting CEO.

SkyCity divesting stake in online gaming platform Gaming Innovation Group

SkyCity Entertainment Group has announced that it is selling its entire shareholding in Gaming Innovation Group (GiG), which it acquired in April of 2022.

Regional police chief under investigation over illegal POGOs in his jurisdiction

A regional police chief in Central Luzon is under investigation for accountability over illegal offshore gaming operators in his jurisdiction.

Philippines junket operator Dowinn postpones reopening to July 19th

Dowinn Group, a leading junket operator in the Philippines, failed to fulfill its commitment to resume operations on Monday at 2pm. According to a report from Korean news portal Daum, the operator has postponed its reopening until July 19th.

PH Resorts denies collapse of Emerald Bay sale to Okada Manila operator

PH Resorts Group has denied reports suggesting that the deal with Okada Manila operator Tiger Resort, Leisure and Entertainment Inc. (TRLEI) to purchase its Cebu resort, Emerald Bay, is on the verge of collapse. 

Philippine authorities file human trafficking case vs “POGO Mayor”

Authorities in the Philippines have filed a qualified human trafficking complaint against suspended Bamban, Tarlac "POGO Mayor" Alice Guo at the Department of Justice (DOJ).

Malaysian regulator defends content removal decisions

Malaysia's internet regulator has clarified that 72 percent of online content removals were due to gambling and scam promotions.

Indonesia on Philippines and Cambodia to shut down online gambling via NAPs

Indonesia is now mandating that network access point (NAP) service providers cut access to the internet lines that are based in the Philippines and Cambodia and are allegedly being used for online gambling within the nation.

POGO ban could result in 22K job losses in Metro Manila: Government

The Philippine Department of Labor and Employment (DOLE) has warned that approximately 22,000 Filipinos employed by legal Philippine Offshore Gaming Operators (POGOs) in Metro Manila may face unemployment if the online gaming companies are banned in the country.

Macau retailer DFS says unpaid leave plan is a ‘result of careful consideration’

Macau’s leading retailer, DFS Group, has implemented an unpaid leave plan across its Macau branches, emphasizing that the plan is voluntary and was made after careful consideration.

Macau visitor arrivals total 2.7M in May, up 22% y-o-y

Macau saw a 21.6 percent year-on-year increase in visitor arrivals in May, totaling just over 2.69 million, according to the city’s Statistics and Census Service.

Saipan’s gaming regulator suggests ending exclusivity of gaming license

In a recent meeting with the House Ways and Means Committee, the Commonwealth Casino Commission (CCC) Chairman, Edward C. Deleon Guerrero, suggested that the local legislature consider removing the exclusivity of the gaming license.

Australia comms regulator blocks more illegal offshore gambling websites

In a move to curb illegal online gambling, the Australian Communications and Media Authority (ACMA) has requested that internet service providers (ISPs) block additional offshore gambling websites found to be operating in breach of the country's regulations.

Malaysia extends visa exemption for Chinese tourists until end of 2026

China and Malaysia have agreed to extend their mutual visa-free policy following the visit of Chinese Premier Li Qiang to Malaysia this week.

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