Monday, July 26, 2021

Delta to become dominant Covid-19 strain within months 

The Covid-19 Delta variant will become the dominant strain of the coronavirus within a matter of months, the World Health Organization said on Wednesday. 
Royal Ha Long hotel

Royal HaLong reports 7th consecutive quarter of loss 

The owner of the Royal Ha Long Bay Casino in Quang Ninh has reported its seventh consecutive quarter of loss in 21Q1, as the region continues to be impacted by border restrictions. 

Nevada Gaming Control Board says mask mandate in Clark County applies to casinos

The Nevada Gaming Control Board has announced that a new mask mandate for all employees in Clark County applies to all business licensees, including casinos within the jurisdiction.

Macau maintains estimate for $16.2bln gross gaming revenue in 2021

Macau authorities are holding strong to their estimate that the SAR's gross gaming revenue will reach MOP130 billion ($16.2 billion) in 2021, despite underperformance in the first half.
Regulator says Macau still studying online gambling

Pressure builds for Macau gov’t to progress with gaming law revision

On Thursday, Macau’s Secretary for Economy and Finance assured that the Macau SAR government would be moving forward with its public consultation on the new gaming law within the second half of this year.
Marina Bay Sands

LVS stock drops as analysts downgrade forecasts

Shares in Las Vegas Sands fell more than three percent in trading on Thursday after analysts reduced their earnings forecasts for the year following weaker-than-consensus Q2 results.

Macau operators each donate MOP10m for China flood relief

Macau's six operators have now all pledged MOP10 million ($1.25 million) each to help the victims of flooding in Henan province. 

Laos denied petition to seize U.S. assets to settle casino debt

The government of Laos has been denied a petition to seize lakefront properties in the U.S. state of Idaho in its attempt to enforce a $3.7 million settlement related to casino projects in the country.

India’s GST council to study taxation of gambling industry

India’s Goods and Services Tax (GST) Council has set up a seven-member panel of ministers from different states to examine how to value and tax services provided by India's gambling industry.

Jumbo launches Ocean Phoenix fishing game

Although the gambling industry is facing enormous challenges due to the pandemic, Jumbo technology has not stopped and has just launched a new fishing game, “Ocean Phoenix”.


anti money laundering

Philippines back on FATF grey list despite tighter AML controls

The Philippines has once again been put on the Financial Action Task Force’s (FATF) grey list despite having recently passed legislation to improve its anti-money laundering controls, with supervision of junkets cited as an area of concern. 
Online gambling offices

POGO tax bill set to be adopted, places 5% rate on GGR

The House of Representatives in the Philippines is reportedly going to adopt the new bill clarifying the tax liabilities of Philippines Offshore Gaming Operators, or POGOs.

Macau concerned after new cases linked to Nanjing outbreak

Authorities in Macau are beginning to re-evaluate border control measures after numerous cases linked to the Nanjing outbreak

Wynn Macau says over 50 percent of staff vaccinated

Wynn Macau says that nearly 4,000 team members and their families have registered for vaccination. Currently, over 50 percent of Wynn team members have been vaccinated.