Monday, August 19, 2019
Sihanoukville

Cambodia stops issuing online gambling licenses

Cambodia will no longer issue licenses to online gambling businesses, and all existing licenses will not be renewed when they are expired, the Prime Minister Samdech Techo Hun Sen said in a directive on Sunday, Xinhua reports.

Duterte backs POGO hubs

President Rodrigo Duterte supports the idea of hubs to contain Philippine Offshore Gaming Operators as long as worker rights are not violated, according to local media reports.
Pagcor

Finance Dept. supports POGO hubs

The Philippines’ Department of Finance supports the creation of two hubs to house Philippine Offshore Gaming Operators, despite misgivings from Beijing that the plan may violate the rights of its workers in the sector, local media reports. 

Vietnam busts $69m illegal gambling ring

Vietnamese police have arrested 13 people in connection with a VND1.6 trillion ($69 million) illegal gambling ring, VN Express reports.  Six people would be charged...
AGTech lottery tickets

AGTech swings to H1 loss, revenue declines

AGTech Holdings posted a loss for the first half of 2019 and said revenue declined by 22.7 percent due to lower lottery hardware sales.

Philippines vows to take down illegal POGO recruiters

The Philippines government has promised to crack down on illegal recruiters for Philippine offshore gaming operations (POGOs), said Malacañang on Friday.  Presidential Spokesperson Salvador Panelo...
VIP Room

China statement a warning to junkets: Bernstein

China’s statement on online gambling in Manila could be seen as a warning to junkets and online gaming operations about gambling outside of Macau, Bernstein analysts wrote in a note.

SkyCity’s online gaming website up and running

SkyCity Entertainment Group’s online gaming website is now up and running for New Zealand players.  The announcement follows an agreement that was signed between international...

Illegal casino-related busts in Nagoya and Tokyo

Police continue to announce busts related to illegal casinos in major cities across the country, with two fresh busts in Nagoya and the Ikebukuro district of Tokyo coming just this week, netting a total of four arrests.
China flag

China warns Manila of online gambling crackdown

China has issued a strongly worded statement calling on Manila to protect its citizens working in the country and warned that all forms of gambling involving Chinese gamblers, or targeting the mainland are illegal and will be stamped out. 

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Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
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HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.