Thursday, May 23, 2019

POGO income for 2018 tops target

Philippine Gaming and Amusement Corp Chair Andrea Domingo said the regulator had pulled in total income of P6.72 billion *$128.5 million) in 2018 from its offshore online gaming licensees, topping its target.

Asia partner

BBIN, founded in 1999, is a leading iGaming software supplier in Asia. BBIN constantly creates and develops products by combining extensive experience with the latest...

Ace2Three acquires majority stake in FanFight

India-based online rummy gaming company Ace2Three has upped its investment in fantasy gaming platform Fanfight, acquiring a majority stake with a $1 million investment,...

Dafabet extends platform deal with Comtrade Gaming

Comtrade Gaming has had its platform agreement with Dafabet extended until 2022, prolonging the existing relationship between the two companies that goes back four...

Alphaslot tokens aim to connect online/offline worlds

Online and land-based convergence, blockchain, and disruptive technologies are buzz words frequently deployed to describe the next best thing in gaming, though to date there are few practical examples of companies successfully challenging the existing order.

Tokyo cops bust first “digital casino”

Within the past week, police have announced busts of two more illegal casinos in the Kabukicho district of Tokyo, including the nation’s first case of a “digital casino” bust.

Two police chiefs jailed in $420m gambling ring

Vietnam’s former national police chief Phan Van Vinh and former head of hi-tech crimes police department Nguyen Thanh Hoa were sentenced to nine and...

Regulation seen cutting illegal gambling, boosting state revenue

Popular Indian politician, Shashi Tharoor, a member of the main opposition Congress Party, stirred the political pot earlier this year by introducing a private...

Tamil Nadu mulls online rummy ban

Voices are calling for a ban on online rummy in Tamil Nadu, following a ban on the online game in Telangana earlier this year. Sources...

138.com teams with Income Access on affiliate program

138.com, an Asian online betting company, has launched an affiliate program with Montreal-based Income Access. To celebrate the launch, 138.com is offering affiliates whoregister with...

TRENDING ARTICLES

Note offer still allows MGM room for funding: Fitch

MGM China Holdings says it’s raising $1.25 billion through a private placement of senior notes to help repay outstanding funds under its credit facility.

Hoiana center of Suncity expansion plans in Southeast Asia

A representative of SunCity Group says that its Hoiana IR project forms the center of the group’s expansion plans for Southeast Asia, according to...

Bright future seen for gaming growth

Despite short-term headwinds from China’s slowing economy and trade friction with the U.S., analysts remain optimistic Macau will retain its crown as Asia’s top gaming hub.

DICJ boss skips G2E Asia due to illegal gambling concerns

The head of the Gaming Inspection and Coordination Bureau, Paulo Martins Chan, who was scheduled to deliver a keynote speech at G2E Asia yesterday,...

India tax officials question fantasy sports GST best practice

India’s tax authorities are currently working out how to best tax online fantasy gaming businesses, after launching an inquiry into how GST is calculated,...