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Fitch cuts growth outlook for Asia

The prospects for economic growth in Asia have dimmed in recent months, says ratings agency Fitch, which has cut its forecasts for almost every country in the region.

US-China trade war likely to flare up again in 2019: Fitch

While the US-China trade war truce will ease external pressures on China’s economy, there remains a considerable risk for trade tensions to escalate again...

China uses social credit to block travel

China is reportedly preventing millions of its citizens from travelling if they have a low score under its newly introduced social credit system, according to news reports.

Philippines, Cambodia in likely firing line for China online crackdown

There’s growing concern that China may launch a crackdown on the streaming of casino games into the country next year, potentially dealing a major blow to the booming industry in the Philippines and Cambodia.

AGTech wins the contract for virtual football lottery in Jiangsu

A subsidiary of AGTech Holdings, Asia Gaming Technologies (Beijing) Co., has been awarded the technical cooperation contract by the Jiangsu Sports Lottery Administration Centre...

China downplays reports $20b missing in lottery

Chinese authorities are downplaying reports circulating on social media that RMB136 billion ($19.5 billion) has been embezzled from the state lotteries by corrupt officials.

AGTech swings to profit on non-operating items

Lottery service provider AGTech Holdings said it swung to a profit in the nine months ended September 30, 2018, due mainly to several non-cash...

500.com Q3 loss widens, revenue edges higher on Europe sales

500.com, a Chinese online sports lottery provider, said its Q3 loss widened, though revenue edged higher on online sales in Europe following the acquisition of Malta-based The Multi Group (TMG) in July 2017.
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China lottery sales increase 13.3 pct in Sept

Mainland China’s lottery sales increased by 13.3 percent year-on-year in the month of September, driven by continued growth in its sports lottery. According to...

Technical hurdles hinder Asian online gaming

Asia’s multi-billion dollar online gambling industry is an opportunity too big to ignore when it comes to the expansion plans of many global players, yet technical issues ranging from latency, through to security and payment systems can prove to be costly challenges for newcomers.

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Macau GGR gains 14 percent in 2018, Dec. beats forecasts

Gross gambling revenue in Macau rose 14 percent in 2018, with December topping consensus forecasts with a gain of 16.6 percent.

Leading clients to Asia

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Formation of SUZOHAPP Digital

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Michael Gu eyes Casino Canberra in $32 million transaction

Casino Canberra is on the verge of being bought up by one of Australia’s biggest hotel owners in a potential A$32 million (US$22.6 million)...

Sega Sammy releases Genesis Slant cabinet

SEGA SAMMY CREATION INC. today announced the release of their new slant-type gaming machine “Genesis Slant”, a cabinet available for both slot games and...