Thursday, October 24, 2019

India

Big Daddy casino Goa

Villagers oppose casino relocation

Nerul villagers are opposing a plan to relocate Goa’s floating casinos to a site in Aguada Bay, local media reports.
Online gamer

Slow progress seen in Asian online gaming regulation

Asian governments are expected to eventually regulate online gaming, though lack of legislation is still a major factor holding back potential.

Delta Corp profit up 22.7% in 19Q3

India casino operator Delta Corp saw its Q3 profit rise 22.7 percent year-on-year to 59.04 crores, due mainly to a reduction in tax expenses.  The...
India cricket (file)

India, Japan eyed as key emerging markets

Uncertainties caused by instability in Cambodia and the Philippines has prompted operators to search for new markets, with India and Japan top of the list.

Goa ports department seeks casino ship site

Goa’s Ports Department has been tasked with finding an alternative location for the state’s six floating casinos away from their current position in the Mandovi River, according to media reports.

India lottery operators call for GST reform

India’s lottery operators are seeking urgent GST reforms, which they say have been “crippling” the industry with multiple issues. Mr. Kamlesh Vijay Group CEO of...

Panjim MLA reassures offshore casinos removal

With the deadline to moving Goa’s offshore casinos coming up, MLA Atanasio Monserrate has reiterated his promise to relocate the casinos out of the...

Dream 11 continues to attract investors

South African internet conglomerate Naspers is looking to buy a $100 million stake in online fantasy start-up Dream 11, local media reports.  Following bumper earnings...

Offshore casinos won’t have trade licenses renewed

The City of Panaji has passed a resolution not to renew the trade licenses of its offshore casinos at the end of their term,...

Goa collected Rs 411 crore in FY18

Goa’s government collected around Rs 411 crore (US$53.8 million) in revenue from casinos in the 2018 financial year, according to Goa Chief Minister Pramod...

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Resorts World Catskills

Genting U.S. expansion raises eyebrows

Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings. 

Kamakura City Council rejects anti-IR resolution

On Friday, the Kamakura City Council rejected a draft resolution that would have denounced moves by neighboring governments to engage in IR bids. The...

Mobile iGaming

Founded in 2012, eBET is considered Asia's first leading supplier of mobile iGaming.  The company’s mission is to design intuitive and interactive live gaming experiences...

Aristocrat and Warner Bros. to launch Crazy Rich Asians slot game

Aristocrat, in partnership with Warner Bros. Consumer Products, will premiere the new Crazy Rich Asians Slot Game at next week’s Global Gaming Expo in...

Malaysia budget ups gambling penalties

Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.