Thursday, May 23, 2024

Dr. Wolfgang Georg Arlt

Dr. Wolfgang Georg Arlt
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http://www.china-outbound.com/
Founder and Director of COTRI China Outbound Tourism Institute. He first visited the People’s Republic of China in 1978. From 1991-1999, he owned Inbound Tour Operator China-Europe.

LATEST NEWS

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 eight more illegal offshore gambling websites

Eight more websites have been blocked by Australian media authorities 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.

Concerns mount over potential Euro 2024 gambling addiction surge among Thais

Concerns mount that the Euro 2024 tournament may lead to a rise in gambling addiction among Thai football fans.

SJM makes culinary acquisitions to boost non-gaming offerings

SJM Holdings Limited has announced two strategic acquisitions to bolster its culinary portfolio and mass market appeal.

Entain lauds diversified portfolio as lever for long-term growth

Entain's diversified portfolio and geographic footprint position the sports betting and gaming group well for long-term growth, according to a recent internal strategic review.

NagaCorp CEO reshuffle “surprising”: Expert

The recent dismissal of Cambodian gaming group NagaCorp's CEO – Finance and Treasury, Chen Cherchi, is "surprising" considering the scope of his previous executive responsibility and stake-hold in the group, gaming expert Daniel Li told AGB.

Non-gaming visitor spending in Macau up by 36% YoY in 1Q24

Non-gaming visitor spending in Macau reached $2.54 billion in the first quarter of 2024, a 36 percent increase yearly and a 20 percent rise compared to 1Q19. 

Charges filed in New Zealand’s largest illegal lottery scheme

A Christchurch man and his company are facing serious charges in what New Zealand authorities are calling the largest illegal lottery operation ever uncovered in the country.

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