Monday, May 27, 2019

IPI sues bad-debt high roller

A Chinese high-roller who has failed to pay back $5 million he borrowed from Imperial Pacific International is being sued by the company in...

Myanmar gambling bill passes lower house

Myanmar's Gambling Bill, which will allow foreigner-only casinos to operate in the country, has been passed by the lower house of Parliament, according to...

Fox files counterclaim against GENM, seeks damages

The legal dispute between Genting Malaysia and Walt Disney’s Fox Entertainment Group has intensified after Fox filed a counterclaim seeking damages over an alleged...

Phnom Penh municipal hall to target unlicensed gambling operators

Phnom Penh’s local government has announced an urgent plan consisting of measures to fight unauthorized gambling in the city’s capital. According to The Post,...

Regulatory uncertainty continues to cloud prospects

In late February, gaming industry stakeholders converged in Goa at one of India’s first gaming specific conferences: Sports Betting & Gaming India (SBGI). The...

House of Councillors to begin IR Bill deliberations

The controversial IR Implementation Bill is set to begin its final stage toward enactment on Friday with deliberations launching in a plenary session of...

Court dismisses GGAM appeal over Bloomberry stocks

The Philippines Court of Appeals has affirmed a 2017 ruling restraining Global Gaming Philippines (GGAM) from selling stocks in Bloomberry Resorts Corporation, according to...

Deloitte Japan fined for violating auditor independence rules

The US Securities and Exchange Commission (SEC) announced last week that Deloitte Tohmatsu (Deloitte Japan) had agreed to pay a $2 million fine to...

Govt issues warning to telecom companies about online gambling

Myanmar’s Ministry of Transport and Communication has issued a warning to all private telecommunication companies to “stay out” of illegal online gambling, or face...

Five Philippine IRs register with AMLC

Five integrated resorts have registered with the Anti-Money Laundering Council (AMLC), following policy guidelines from the Financial Action Task Force (FATF). According to an announcement...

TRENDING ARTICLES

Localized innovations

At G2E Asia IGT will present a range of gaming solutions that reflect the Company’s commitment to localized innovations, and an improving position in...

Flexible financial solutions

A proven market leader in the gaming space, Everi remains deeply committed to understanding its casino partners’ needs in this rapidly evolving industry and...

Wakayama mayor reiterates commitment to foreigner-only casino

Wakayama Mayor Masahiro Obana made clear at a press conference on Thursday that he is not in full alignment with Governor Yoshinobu Nisaka over...

Content and innovation key to success in Asia’s online slots market

It wouldn’t be fair to say that anyone enquiring about the Asian gaming scene faces a wall of silence when it comes to the specifics of the market but there is an element of the-first-rule-of-fight-club about it all.

Bernstein raises target price for LVS, Sands China

Macau casino operator Sands China will remain as the mass market and non-gaming leader in Macau for at least the next five years, according...