Jia Kang, the former head of the Chinese Academy of Fiscal Studies, predicts "stable development for Macau's gambling industry, even though Beijing is preparing a legislative amendment to stop capital flight for gambling.
Universal Entertainment, which controls the Okada Manila IR in the Philippines, has announced to JASDAQ that it will increase its planned notes offer from US$100 million to US$135 million.
Australian Transaction Reports and Analysis Centre (AUSTRAC) has delivered formal notice to Crown Resorts that it has identified potential non-compliance at the firm with its responsibilities in relation to anti-money laundering rules.
The Widus Group, owner and developer of the Widus Hotel and Casino complex in Clark Freeport Zone, in the Philippines, says it has delayed the first phase of the property’s expansion to late 2021, amid Covid-19.
Jeju Special Self-Governing Province is requesting public and private financial assistance to the island’s casino industry as the economic grind from the Covid-19 pandemic is threatening to devastate the eight casinos, creating unemployment and a reduction in tax revenues.
Kangwon Land’s degree of commitment to identifying and eliminating problem gambling at its facility has been questioned after it is revealed that only 82 patients have been treated over a five year period, in spite of a significant annual budget for this task.