Suspicious betting cases drop 30% in Q3
The number of suspicious betting cases fell 30 percent in Q3 to 50, with the majority related to football and tennis.
DoF wants higher POGO taxes
The Department of Finance in the Philippines has said it will back a proposal for a 5 percent tax hike on the country’s offshore igaming licensees.
Credit card gaming ban to be implemented
The New Zealand Department of Internal Affairs is planning to implement a ban on the use of credit cards for online gambling, local media reports.
Another POGO shut on tax violations
Altech Innovations Business Outsourcing, a Philippine Offshore Gaming Operator, has been closed down for failure to pay taxes.
Slow progress seen in Asian online gaming regulation
Asian governments are expected to eventually regulate online gaming, though lack of legislation is still a major factor holding back potential.
Malaysia budget ups gambling penalties
Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.
Philweb Q3 EBITDA best in three years
PhilWeb Corp. said it had its best quarterly performance in EBITDA terms in three years in Q3, helped by its network of e-bingo machines.
Melco, MGM, Hard Rock to lead “internationalisation” of gaming brands
Melco, MGM and Hard Rock International will be the leaders in 2020 in a trend towards the internationalisation of gaming brands, Spectrum predicts.
Sportradar buys Optima
Sportradar said it has bought Optima, a sports betting and gaming omni channel platform, to create a one-stop-shop technology and services business.
Online gambling ring busted in HCMC
Authorities have busted a $130 million gambling ring in Ho Chi Minh City, arresting 11 individuals, local media reports.
Nearly 100 police officers from the ...
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