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Myanmar presents opportunity if the details are right

Myanmar: throwing the spotlight on Asia’s newest gaming jurisdiction

After decades of isolation, Myanmar is emerging as a frontier tourism market and Asia’s latest gaming jurisdiction and although significant challenges lie ahead, there are reasons to be optimistic for its potential.
Myanmar presents opportunity if the details are right

Myanmar presents opportunity if the details are right – Opinion

The entry into force of the new regulation has finally opened up the Myanmar gaming landscape to wider foreign participation. Casinos will now be allowed to operate after obtaining approval from the Union Government.

DFDL

DFDL was established in 1994 to create an integrated legal and tax advisory firm, with in-depth knowledge of the jurisdictions where we are based....
Cambodia’s online operators find new home in Myanmar

Cambodia’s online operators find new home in Myanmar

It’s been billed as a $15 billion smart city, powered by the latest in blockchain technology, but in reality it has emerged as a major online gambling hub and the new home to many of the operations that fled Cambodia after a ban on the practice last year.

Fincy explains Yatai withdrawal, says not involved in gambling

Fincy explained its rationale for withdrawing from a project in Myanmar, saying it has zero tolerance for any form of illegal activity and has at no point had any involvement in developing online gambling applications. The company, which offers a blockchain-based payment app, wrote the rebuttal on its website in response to what it said were factual inaccuracies about its involvement in the Yatai City development.

Fincy

Blockchain-based payment app, owned by BCB Blockchain. Based in Singapore, the company in October pulled out of the Yatai-City smart project in Myanmar.

Kings Roman head funds Mekong port

A sanctioned Chinese casino magnate is backing the construction of a new international port on the Mekong River in Laos, adjacent to his Golden Triangle gambling and tourism complex.

Myanmar military officers probed on alleged gambling bribes

The Myanmar military is investigating at least three senior officers for allegedly accepting bribes from the Karen Border Guard Force.

Fincy pulls out of Chinese-backed gambling project in Myanmar

Singapore-based financial services firm Fincy has announced it will withdraw from a controversial development project run by Chinese investors accused of involvement in  cryptocurrency and online casino operations near the Thai border in Myanmar’s Karen State. 
Mainland China ADB says Asia’s economy to shrink for first time since 60s

ADB says Asia’s economy to shrink for first time since 60s

The Asian Development Bank expects the economies of the Asia region to shrink this year for the first time since the 1960s.

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