Thursday, February 25, 2021

POGO tax bill passes lower house

The Philippines’ House of Representatives has passed a new bill imposing taxes on Philippine Offshore Gaming Operations (POGOs), but it will still need to be reconciled with upper house legislation before it can become law.
China flag

China anti-gambling drive to have long-term IR impact in Asia

China’s ongoing crackdown on casinos and junkets targeting its nationals may have long-term implications for the industry in Asia and force changes in the business models of many of the region’s integrated resorts.

Thai police arrest 34 in online gambling bust in cargo container

Thai police have arrested 34 in a bust on an online gambling operation being carried out from inside a cargo container near the Cambodian border, where wagers exceeded THB1 billion ($33.2 million).
Joe Pisano, Jade Entertainment

Interview with Joe Pisano: India online and PIGO expansion [video]

Joe Pisano, CEO of Jade Entertainment, talks with Asia Gaming Brief Managing Editor Sharon Singleton about the company’s new India-facing online operation and his plans to roll out online products in the Philippines under PAGCOR's new PIGO licenses.

Ukrainian Gaming Week moves conference to February, show March

Ukrainian Gaming week said it has moved the date of its conference to February 24, while it plans to hold the exhibition at a later date from March 23-24.

India’s MPL raises new financing, valuation doubles

India's Mobile Premier League has raised $100 million in new financing and its valuation now stands at $800 million, almost double the level four months ago.

ICE London postponed to February 2022

Clarion Gaming confirmed it has postponed plans to hold ICE London and iGB Affiliate London in June this year, pushing the event to February 2022. The decision followed requests from industry.

Bojoko online casino listing site launches in New Zealand

Online casino listing site Bojoko has launched in the New Zealand market. Bojoko allows operators and game developers to create their own dedicated listing page which its members can then leave a rating and a review based on the experience they receive.

Google Play allows gambling apps for Australia, New Zealand, and Japan

It has been announced that the Google Play app store will begin, effective March 1, allowing real money gambling apps to become available in fifteen additional countries, including Australia, New Zealand, and Japan in the Asia-Pacific region.

Singapore police uncover 299 fake gambling platforms in 2020

Singapore police uncovered 299 cases of fake gambling platforms in 2020, up 1,800 percent from the previous year, resulting in losses of S$15.4 million.

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Japan parliament

Japan’s IR development process rolls forward

Whatever its weaknesses, there is a clear pattern emerging in the new year that Japan’s IR development process is now rolling forward again. Four local governments are definitely in the race, and several others could make late entries—though that latter prospect is looking increasingly unlikely.
inspire korea

Incheon gaming zone development faces delays

The planned gaming and entertainment zone in Incheon, South Korea, is facing delays on almost all fronts, mainly, but not entirely, due to the coronavirus pandemic.

Questions raised about Vietnamese casino stock prices

Commentators in the Vietnamese media have been raising questions about why some casino stocks are seeing massive increases in their stock values while they continue to report financial losses each quarter.

Local group accuses Lotte Tour of manipulating Jeju opinion poll

A local group opposing the opening of the Jeju Dream Tower casino opened a new front in its attacks on Lotte Tour Development by accusing it of manipulating opinion polls that showed a favorable public response to the project.