Sunday, December 8, 2019

India

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...
Goa, Casino Royale

Mandovi deadline looms as politicians wrangle

The fate of Goa’s floating casinos is still unclear as a deadline for their removal from the Mandovi River looms, with industry experts urging the government to proceed with caution when it comes to moving them to land.

TRENDING ARTICLES

POGOs to resist political pressures

With the win from China-facing igaming operations forecast to hit $33 billion in 2019, the Philippines has little incentive to curb activities of POGOs.

Hokkaido governor nears decision on IR bid

Hokkaido Governor Naomichi Suzuki is nearing his decision on whether or not to pursue an IR bid at Tomakomai city, but even conservative political forces are having difficulty uniting behind a pro-IR policy.

POGO crackdown has produced $25 million in extra tax revenues

Finance Secretary Carlos Dominguez has declared that the task force led by the Bureau of Internal Revenue (BIR) has wrung an additional PHP1.2 billion (about $25 million) in tax revenues from a delinquent POGO that was temporarily shut down in September.

AgTech to supply lottery terminals in Zhejiang and Henan

AGTech Holdings Limited reported to the Hong Kong Stock Exchange on Thursday that one of its wholly-owned subsidiaries had won the lottery terminals procurement tenders to supply lottery terminals to the Sports Lottery Administration Centers in Zhejiang province and Henan province.

Pansy Ho reduces stake in MGM Resorts

MGM China co-chairperson Pansy Ho has reduced her stake in the company’s U.S. parent, MGM Resorts international, bringing her stake in the company to...