Tuesday, November 12, 2019

HEADLINES

Sri Lanka tightens bans on sports betting and match fixing

In unanimously passing the bill Prevention of Offences Related to Sports on Monday, the government of Sri Lanka has not only confirmed its ban on sports betting within the country, but also prohibited its citizens from engaging in sports betting overseas as well.

Fears grow traffic jams may slow Yumeshima IR construction

Osaka officials are beginning to acknowledge more openly that the simultaneous construction of the 2025 World Expo and the anticipated IR on Yumeshima island may create traffic jams that will impact work efficiency.

Anti-corruption police smash illegal HKJC bookmaking ring

The Independent Commission Against Corruption (ICAC) announced that they have arrested a total of 21 people, including six staff members of the Hong Kong Jockey Club (HKJC), in connection with an illegal bookmaking ring.

Philippine tourist arrivals up 14.4% in 2019

Department of Tourism figures have shown a year-on-year 14.4% growth in tourist arrivals in the first nine months of 2019.

500.com Q3 net loss narrows on lower expenses

Lottery service provider 500.com saw its net loss narrow in 19Q3, due mainly to a year-on-year reduction in operating expenses. Net revenues decreased 67.4 percent...

Macau ADR down in first ten days of November

The first ten days of November are off to a slow start in Macau, with month-to-date average daily revenue (ADR) down 10 percent year-on-year,...

TRENDING ARTICLES

Renminbi

Plans submitted for Macau “Nasdaq”

A senior Chinese official says a proposal for a yuan-denominated “Nasdaq” in Macau has been submitted to Beijing, local media reports.
New Manila Bay

International Entertainment appoints new CFO

International Entertainment said Li Shui Keung ceased to be chief financial officer with effect from Oct. 22.

Naomi Osaka becomes Melco brand ambassador

Melco Resorts & Entertainment said Japanese tennis champion Naomi Osaka has become brand ambassador and sports group director for the company’s Yokohama IR bid.

Paradise Oct. GGR gains 15.4%

Paradise Co. said gross gambling revenue rose 15.4 percent in October from the same period a year earlier, led by strong growth in gaming machines.

House of Representatives debates POGO taxation rates

The Ways and Means panel of House of Representatives is debating House Bill No. 5267 of Albay 2nd District Rep. Joey Salceda, with a variety of views about taxation rates being expressed by lawmakers

ASEAN Gaming Summit

   The ASEAN Gaming Summit returns on 17-19 March 2020 at the Shangri-La BGC in Manila, the Philippines for its high-anticipated fourth edition.Following popular demand, the three-day conference aims...

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