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WinZO announces fund to help gaming startups
Real money gaming platform Winzo Games has announced a US$1.5 million fund to support local game developers in India, local media reports.
Paavan Nanda, Co-founder,...
Goa casino policy still under consideration
Goa Chief Minister Pramod Sawant says a policy to govern the state’s casinos, coupled with the establishment of a Gaming Commission, is still under examination.
Nazara Technologies goes on start-up buying spree
Mumbai-based gaming company Nazara Technologies is continuing its real-money gaming expansion, after finalizing a number of acquisitions of Indian gaming startups, local media reports.
According...
Goa and Sikkim casinos accused of tax evasion
Casinos in Goa and Sikkim have been accused of tax evasion after the GST department uncovered around Rs. 6500 crores (US$950 million) worth of...
No formal court documents regarding encroached land: SVH
Silver Heritage Group said it has not been formally served any court documents or evidence in relation to allegations that its Tiger Palace Resort...
Delta Corp revenue flattish in 19Q2
Delta Corp saw a slight increase in profit in the second quarter of 2019, increasing 2.6 percent year-on-year to Rs 42.5 crore (US$6.2 million).
This...
Nepal government relaxes border casino restrictions
The Nepalese government has relaxed the minimum distance requirement for setting up casinos near international borders, local media reports.
In a cabinet meeting on June...
No plans for a nation-wide ban on lotteries
The Union Minister of State for Home Affairs has announced that the central government is not planning any pan-India ban on lotteries, local media...
India skill-based market to exceed $2b by 2023
India’s skill-based gaming market is expected to grow by more than three times its current level in the next four years, driven by rising smartphone connectivity and growth in rural areas, according to Naveen Goyal, CEO of Adda52.com.
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Meg-Star opens VIP poker room at Macau Roosevelt
Meg-Star has launched its watch-themed Poker VIP Club at the Macau Roosevelt, named “Poker Time”.
The VIP poker room is said to be the...
New Zealand updates national strategy to tackle gambling harm
The New Zealand government has promised NZ$60 million (US$40.4 million) in funding over the next three years aimed at tackling problem gambling, particularly in...
Melco, MGM announce anniversary bonuses
MGM China and Melco Resorts and Entertainment said they will pay a bonus equivalent to one month’s salary to celebrate the 70th anniversary of the founding of The People’s Republic of China and the 20th anniversary of the establishment of Macau as a Special Administrative Region.
70 percent of suspicious transactions came from casinos
A little over 70 percent of all suspicious transactions in 19H1 took place inside of gaming venues, according to data from the Macau Financial...
Cambodia casino growth a threat to Genting Malaysia
Cambodia’s growing casino and tourism industry could pose a challenge to Genting’s Malaysia operations, according to a note from JP Morgan analysts.
In a recent...
