Thursday, May 23, 2019

China places approvals ban on poker and mahjong games

Online poker and mahjong games will no longer be approved under new rules aimed at giving minimizing gaming addiction harm and give the government...

Wynn Resorts and Scientific Games partner to launch igaming in the U.S.

Scientific Games Corporation has announced it will be partnering with Wynn Resorts, Ltd. to support the launch of Wynn Resorts' unique digital sports betting...

Saipan looks to online gambling to offset falling casino revenue

More than six months after super typhoon Yutu wreaked havoc across Saipan, the island has been struggling to get back to its full fighting...

Gujarat government mulls online gambling ban

The Gujarat government is considering changes to its existing gambling laws that would essentially ban online gambling, local media reports. Earlier, Gujarat imposed a...

Australians gambling less, young show biggest decline, report finds

There has been a large drop in the number of Australians who gamble, falling to 47.9 percent of the population, or 9.3 million, compared with almost two thirds of adults a decade ago, according to a survey Roy Morgan.

AML a concern for online gambling in CNMI

The casino regulator in the Commonwealth of Northern Mariana Islands has asked legislators to carefully review a proposed bill that would legalise online gambling to ensure there are sufficient safeguards to prevent money laundering, according to media reports.

Fukuoka apartment used for illegal internet gambling

Fukuoka police arrested an unemployed man last week on suspicion that he was helping to run an illegal internet gambling ring based out of a single-room apartment in Hakata Ward.

PointsBet fined for illegal gambling ad in NSW

Betting operator PointsBet has been convicted and fined $20,000 for posting an illegal gambling advertisement in New South Wales, the second case to be publicised this week.

Delta Q4 results top expectations

India’s Delta Corp reported a 19 percent jump in fiscal Q4 revenue and EBITDA of 879 million rupees, topping expectations.

Dream11 becomes India’s first gaming unicorn

Dream11, a fantasy sports start up, has become the country’s first gaming unicorn, attracting a valuation of $1 billion or more, local media reports..

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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,...