The Western Australia gaming regulator recommended an independent inquiry into Crown’s suitability to hold a license in the state following the scathing report on Crown released in NSW last week, which detailed years of money laundering through Crown Perth.
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.
States in India may be more receptive to legalizing casinos and potentially considering hybrid models following the Covid-19 pandemic, however centralized regulation is key to developing the gambling industry.
It has been announced that the Google Play app store will begin, effective March 1, allowing real money gambling apps to become available in fifteen additional countries, including Australia, New Zealand, and Japan in the Asia-Pacific region.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
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.