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Asia affiliates begin to come of age

The Asian igaming sector continues to attract high levels of interest from betting and casino operators targeting markets such as Thailand, Vietnam or Indonesia and, of course, China; which remains by far the biggest of them all.

Lottery sales plummet in Jan, could be zero in Feb

China lottery sales plummeted 43.3 percent year-on-year in January, due mainly to a shutdown of most lottery operations on January 22 to observe annual...

ASEAN Gaming Summit releases China Travel Trends Whitepaper

Despite recent economic turmoil caused by the outbreak of the coronavirus, Chinese outbound tourists are expected to remain as the main-stay market key to...

500 com net loss widens in 19Q4

Chinese lottery company 500 dot com recorded a widened net loss in the fourth quarter of 2019, reaching RMB307.9 million (US$44.2 million), mainly due...

Asian betting revenue could spike as high as World Cup Finals

LeTou CEO Paul Fox said he believes betting revenue in Asia could be “on a par” with the FIFA Football World Cup Final, should...

Chinese tourists likely to travel again after Easter: COTRI

Professor Dr. Wolfgang George Alrt, founder and director of the China Outbound Tourism Research Institute (COTRI) said he expects Chinese outbound tourism to begun...

Hong Kong closes several major border crossings

Hong Kong chief executive Carrie Lam on Monday announced the closure of a number of border crossings with China, with exception of the Shenzhen...

Zhengming Pan out at 500 Dot Com

A Sunday filing to the US Securities and Exchange Commission revealed that former Director and CEO Zhengming Pan had resigned from 500 Dot Com,...

Coronavirus impact on aviation and tourism worse than SARS

The Center for Aviation (CAPA) says it expects the Wuhan Virus will have a ‘vastly’ greater impact on the region’s aviation and tourism than...

500 Dot Com reorganizes Japan bribery investigation committee

500 Dot Com issued an announcement last Thursday that one of the four members of its Special Investigation Committee on the Japan bribery allegations has already stepped down and that a law firm has been hired as an advisor to the committee.

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Stanley Ho’s passing should not have impact on SJM: Analysts

The death of Stanley Ho is not expected to have any impact on SJM Holdings’ operations, given Ho’s limited involvement in the business since...