Saturday, May 25, 2019

Singapore adjusts to online laws, social gaming still a grey zone

Singapore has made its position against online gambling clear, outlawing the practice through some of the most draconian legislation anywhere in the world. However, the law has left major grey areas, in particular when it comes to social gaming. The legislation, which came into force in February, included the unprecedented steps of allowing government agencies to geo-block websites, stop bank payments and even issue extradition orders to offshore parties.So what happened before February 2, prior to the law coming into effect, what has happened since and, more importantly, what do experts expect to happen next? 

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Seven senior Thai police officers busted in gambling raid

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Aristocrat revenue up 73.5 percent over six months

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EBet projects up to 60 percent increase in NPBT for FY

EBet Ltd. said that it projects a 52 percent to 60 percent year-on-year increase in net profit before tax for the financial year ending...

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