Sunday, May 9, 2021
China reminmbi

China claims to be winning cross-border gambling battle

China has investigated 18,000 cases of cross-border gambling and apprehended more than 110,000 people since 2020 and says it's reversing the rising trend, according to the Ministry of Public Security.

DFNN to introduce e-sabong in Philippines 

Philippines-listed gaming provider DFNN Group announced on Thursday it will be introducing e-sabong (online cockfighting) as new gaming content under license from the Philippine Amusement and Gaming Corporation (PAGCOR).
Online licenses welcome for casinos, but conditions limit appeal

Philippines Q1 GGR down 28 percent year-on-year, gains sequentially

The Philippines generated PHP30.02 billion ($624.9 million) in gross gambling revenue in Q1, down 28 percent from the same period last year, but higher than the PHP25.79 billion recorded in the final quarter of the year.

Online gaming seen driving move to blockchain: Calvin Ayre

Calvin Ayre, head of Ayre Group and CoinGeek has a strong belief that online gaming operators will drive the transition to blockchain, with Bitcoin SV at the forefront. 

Cloudbet adds Dogecoin, now supports 12 cryptocurrencies

Cloudbet, the crypto casino and sportsbook, is now bringing the Dogecoin betting experience to clients all around the world, along with a welcome bonus of up to 10,000 Doge for first timers.

Two e-sabong firms to start operations this month

Philippine Amusement and Gaming Corp. (PAGCOR) Chair Andrea Domingo said two operators have been granted permission to begin e-sabong operations this month after fully paying their license fees.

DFNN’s iWave to conduct Singapore IPO

DFNN’s iWave Inc is planning to conduct an initial public offering on the Singapore exchange instead of going through a backdoor listing due to challenges brought on by the covid-19 pandemic. 
China Flag

China cancels passports of 145 individuals for cross border gambling/fraud

China is continuing its crackdown on cross border gambling, invalidating the passports of 145 nationals and restricting their departure from the country for three years.

About half of POGOs shuttered, hitting PAGCOR revenue

Philippines Amusement and Gaming Corp (PAGCOR) Chair Andrea Domingo said about half of the country's online gaming operators have shuttered permanently, affecting as many...

Pragmatic Play launches Dragon Tiger live casino title

Pragmatic Play, a leading content provider to the gaming industry, has launched its latest  Live Casino hit, Dragon Tiger.


online gambling, KYC, sign up

Battling sign-up abandonment

Online gambling operators on average lose around 30 percent of their potential customers during the initial sign-up process as a result of inefficient KYC processes, according to customer journey experts. 

Genting HK agrees financing package with creditors

Genting Hong Kong has reached a financing accord with creditors under which it will receive EUR300 million ($362.2 million) in new funding and the renegotiation of interest and maturities on existing debt.
Resorts World Sentosa

Genting Spore Q1 casino revenue ticks higher, other metrics deteriorate

Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.

Okura Holdings to close two underperforming pachinko halls

Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.