Monday, September 24, 2018
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Tak Chun mulls VIP rooms in Cyprus, South Africa

Tak Chun Group chief financial officer, KH Tsang, says the company is considering opening VIP rooms in Cyprus and South Africa, according to a...

Tencent introduces checks aimed at limiting playtime of minors

Chinese video game giant Tencent is rolling out new checks aimed at restricting underage players from its popular games, Reuters reports. On Thursday, Tencent...

COTRI ups China outbound forecasts for 2018 after strong H1

The China Outbound Tourism Research Institute (COTRI) has raised its estimate for Chinese border crossings for 2018 to 160 million following a strong-than-expected first half, with the Greater China region taking the lion’s share of the growth.

Police bust $1.1 bln gambling ring in China

Chinese police have busted an international gambling ring, arresting 56 suspects in the Jiangsu Province, Xinhua reports. The online gambling platform had been opened in...

AGTech swings to profit on non-cash and non-operating items

China lottery supplier AGTech Holdings swung to a profit of approximately HK$157.3 million  (US$20 million) for the six months ended June 30, 2018. AGTech... chairman resigns, an online sports lottery service in China, said its Chairman Yonghong Zhang has stepped down and will be replaced by Huixuan Wang.

REXlot in talks to sell scratch card business

China lottery service provider REXlot Holdings says it is currently in talks for the disposal of one of its scratch card lottery businesses. The... Q2 revenue jumps on TMG acquisition, a provider of lottery services in China reported soaring revenue for Q2, helped by the early July acquisition of TMG Group, an online lottery betting and online casino platforms operated out of Malta.

China lottery sales up 19.6 percent in 18H1

Lottery sales in China climbed 19.6 percent in the first half of 2018, reaching RMB245.2 billion (US$36.1 billion), according to China’s Ministry of Finance....

Police take down WeChat red pocket gambling ring

Police in China have taken down a WeChat gambling ring that allowed punters to make bets on the platform’s digital red pocket feature, local...


Ganapati goes live with VideoSlots

Online casino content supplier Ganapati has announced that its iconic Japanese games are now live with leading operator Video Slots. Ganapati’s catalogue of popular titles,...

Pachinko parlors face energy crunch in Hokkaido

The approximately 430 pachinko parlors in Hokkaido, like all other businesses and households in the earthquake-hit prefecture, are facing government demands to immediately reduce their consumption of electricity by at least 20 percent, forcing many to turn off their characteristic neon signs and elaborate internal lighting.

Melco facing near term headwinds, but undervalued

While Melco has been experiencing weaker than expected ramp up at City of Dreams and Studio City, Bernstein analysts believe the stock to be...

MGTO calls for halt on tour groups

The Macau government Tourism Office has called for a halt on all tour groups to Macau until the post-Typhoon restoration work is completed. The...

Will Asia join the U.S. sports betting gold rush?

*By John English Four months after the U.S. Supreme Court repealed a federal law limiting sports betting to just four states, there has been a...