Paradise Co., the nation’s largest private casino industry firm, is facing a deep audit of its finances from the South Korean tax authorities, right at a time it is dealing with cash flow challenges.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
The local government has decided to extend tax incentives for the two casinos facing the economic challenges of the pandemic through the end of 2020. This two-month extension is estimated to reduce tax intake by about 7.3 million rubles (US$96,000).
Goa authorities are starting to get tough with car owners who have been illegally parking and blocking access ways, most of whom are thought to be casino staff and patrons.
Alex Czajkowski, an igaming marketing expert based in Asia talks with Asia Gaming Briefasia editor Felix Ng about what has him excited around live video in the upcoming year. In our podcast, Alex explains that live video in igaming is no longer just about streaming sports, live dealers, or proxy betting. It’s also going to be an invaluable tool to connect and delight your customers – particularly in Asia.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.