AUSTRAC takes SkyCity Adelaide to Federal Court for ‘serious and systemic’ anti-money laundering breaches
Australia’s financial crimes watchdog has announced that it’s commencing civil penalty proceedings in the Federal Court against SkyCity Adelaide for ‘alleged serious and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing laws’.
LATEST NEWS
Macau to undergo ‘gradual opening up’ as official says it’s “impossible to continue shut”
Macau is going to undergo a ‘gradual opening up’, as authorities realize they can no longer control the outbreak in the community and mainland Chinese policies shift towards a more open approach.
Genting Malaysia injecting $100mln into New York operations, strengthening position
Genting Malaysia Berhad is investing a further $100 million into Empire Resorts, increasing its total investment in the New York-based gaming company to $624.4 million.
Okada Manila posts $170.78mln in 3Q22 GGR, boosted by mass
Okada Manila operator Universal Entertainment Corp says that the property recorded some PHP9.51 billion ($170.78 million) in gaming revenue during the third quarter of the year, up 128 percent yearly, led by mass market play.
S. Korea’s GKL and Paradise see strong November GGR increases y-o-y
South Korea’s Grand Korea Leisure (GKL) and Paradise Co saw strong results in November, on a yearly comparison, with Paradise seeing casino revenues rise 311 percent, to KRW39.57 billion ($30.41 million), while GKL revenue rose by 589 percent yearly to KRW28.19 billion ($21.66 million).
UPCOMING EVENTS
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ASEAN Gaming Summit 2023
Asia Gaming Briefings – July 2022 Edition
It’s just a few days now until the ASEAN Gaming Summit 2022 returns to the Philippines. This July edition of AGBriefings is dedicated to the jurisdiction, expected to be one of Asia’s top performing markets with forecast gross gambling revenue of PHP65 billion ($1.15 billion).
