Saturday, May 26, 2018

HEADLINES

Philippine prosecutors clear Kazuo Okada

Philippine prosecutors in Paranaque and Makati cities have dropped all charges filed against Japanese gaming billionaire Kazuo Okada.

Govt issues warning to telecom companies about online gambling

Myanmar’s Ministry of Transport and Communication has issued a warning to all private telecommunication companies to “stay out” of illegal online gambling, or face...

Strong domestic performance drives GENM 18Q1 results

Genting Malaysia Berhad, operator of Resorts World Genting (RWG) in Malaysia reported a 16 percent improvement in net profit for the first quarter of...

Laguna Lang Co gets casino license, expects 2022 opening

The Laguna Lăng Cô integrated resort is expected to open its new casino in 2022, after receiving the country’s first casino license in ten...

Ho open to partnering with Packer again

During an interview with CNBC’s Christine Tan, Melco Resorts chairman and CEO Lawrence Ho said he “wouldn’t hesitate” to partner with Australian gaming mogul...

Views Hainan promotion to impact Hengqin “ill-informed”

In my view as a Hengqin-centric investor and investment consultant, April’s announcement of tourism development plans for Hainan Island will have zero meaningful impact...

After successful fundraising, crypto gambling projects look to the future

The blockchain-based gambling projects which successfully fundraised tens of millions of dollars via initial coin offerings (ICOs) last year are nearing launch, and for...

Gambling addiction bill set to pass House of Representatives

Diet debate on the Basic Bill on Gambling Addiction Countermeasures began on Wednesday in the lower house’s Cabinet Committee, and the legislation is expected to be passed by a plenary session of House of Representatives by the end of business on Friday, May 25.

SBM adds high-class “software” to Galaxy IR bid

Jean-Louis Masurel, managing director of Société des Bains de Mer (SBM), the owner-operator of the Monte Carlo Casino and other major properties within the Principality of Monaco, minces no words in explaining why his storied European firm chose the Galaxy Entertainment Group as its Asian partner—because they are “the best.”

IEC to buy Wigan football club

Hong Kong-listed gaming and entertainment firm, International Entertainment Corp., said it has finalized an accord to buy the U.K.’s Wigan Athletic Football Club, for GBP22.4 million ($29.9 million), including outstanding loans.

TRENDING ARTICLES

Australasian Gaming Expo (AGE) 2018

Established in 1990, the Australasian Gaming Expo is the world's third-largest casino gaming equipment trade show. Based at the International Convention Centre in Darling Harbor,...