Tuesday, March 19, 2024

Thai parliamentary casino committee completes draft bill with 17% casino tax proposal

Thailand's push towards legalizing casinos took a significant step forward with the completion of a draft bill by a parliamentary committee. The legislation, analyzed by Daniel Cheng, aims at establishing a framework for integrated entertainment complexes featuring casinos, and will be read in the House of Representatives later this month.
00:08:36

Utilizing AI to be the leading CRM for iGaming: Fast Track’s Simon Lidzén

Fast Track's CEO Simon Lidzén explains the massive advantages of AI for the iGaming industry, and the group's lazer focus on the segment, leveraging their CRM to be the best in the business.

Will Anjouan’s bet to be the new Curacao pay off?

Online gambling licensing jurisdictions catering to operators targeting pre-regulated markets are undergoing a period of change. Can the island of Anjouan become a new industry favorite?

March GGR recovery forecast at 71-75% as market cools after CNY: Macquarie 

The Macau gaming industry is experiencing a predicted cooldown after the Chinese New Year, as March’s gross gaming revenue (GGR) is expected to be 71-75 percent of 2019 levels.
Intelligence

Use of influencers in gambling ads with significant impact in young...

0
Celebrities and social media influencers are increasingly used by the gambling industry in a wide range of promotions, a strategy that has had an impact in the attitudes, risk perceptions, and consumption intentions of young gamblers, a recent research paper shows.
Intelligence

PAGCOR Chairman Tengco, Bloomberry COO Arasi, headline speakers at ASEAN Gaming...

0
PAGCOR Chairman Alejandro H. Tengco and Thomas Arasi - President and Chief Operating Officer, Bloomberry Resorts Corp., headline a stellar speaker lineup at the 6th edition of the ASEAN Gaming Summit on 19th-21st March 2024. 
Andaz Macau, Galaxy Entertainment, Macau

Galaxy results impress, with almost $358M in EBITDA in 4Q23

0
Galaxy Entertainment Group (GEG) has announced strong financial results for the fourth quarter and full year 2023, which allowed for the group to advance with dividend distribution.
Manila, Philippines

Under the Scope: FATF, junkets, STRs, financiers and workarounds

0
The Philippines and Vietnam remain on the Financial Action Task Force’s grey list, the only two Asian gaming jurisdictions so defined. In this week’s Under the Scope, gaming expert Ben Lee looks at the differences between each country’s strategy, the impositions they’re facing, and business and political sentiment towards their continued oversight by the financial watchdog.
Online casino, Money Laundering, underground Banking, Asia, , Online Gaming, Illegal

Southeast Asia illegal online gaming and scam industries booming since mid-2010s: Monitoring group

0
Southeast Asia illegal online gaming and scam industries have been growing since at least 2010, but expansion in the Philippines, Cambodia, Myanmar and Laos was rapid from the mid-2010s, Cyber Scam Monitor (CSM), an independent monitoring group, told AGB.
Malaysia, kuala Lumpur, Visa-free

Visa-free and historical low ringgit drive Malaysia to outperform: Tradeview Capital CEO

0
Malaysia's tourism market is highly expected to outperform this year among ASEAN competitors, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.
The Star situation “unimaginable”, CNY boosts Macau but not ASEAN Ben Lee (1)

The Star situation “unimaginable”, CNY boosts Macau but not ASEAN: Ben Lee

0
The news that Australia’s The Star Entertainment is facing a second inquiry into whether its Sydney property can hold a casino license is “unimaginable”, considering the recent negotiations over duty rates, says expert Ben Lee.
Manila, Philippines

POGO ban wouldn’t result in property market crisis: Colliers

0
Despite the ongoing shortfall in demand for office spaces from Philippine Offshore Gaming Operators (POGOs) compared to pre-COVID levels, POGO operators still comprised 20 percent of office space deals in 2023.
Baccarat, ETGs and AI vulnerabilities: Richard Marcus

Baccarat, ETGs and AI: viewpoint from the world’s most successful casino cheat

0
In the second installment of AGB’s interview with Richard Marcus, the world’s most successful casino cheat breaks down why Roulette is the most cheated table game worldwide, the particular vulnerability of electronic table games (ETGs) – largely due to a lack of oversight, and how artificial intelligence (AI) is heavily weighted to help those who want to cheat.
Golden_Triangle_Special_Economic_Zone

Proximity to China turned Mekong River region into online gambling and money laundering hub:...

0
The Mekong River region has turned into an online gambling and money laundering hub due to its proximity to China, says a top political analyst.
PAGCOR, privatization plan, Philippines

Prioritizing law enforcement over closure for POGO: lawyer

0
A House hearing has spurred calls for a POGO ban, escalating the debate. But a gaming lawyer in the Philippines urges focusing on enforcing laws, citing POGOs' economic contributions.
Face to Face Richard Marcus casino cheat

What makes a successful casino cheat? Richard Marcus (Part 1)

0
Known as the world’s most successful casino cheat, Richard Marcus lays out what it takes to be, and catch, a casino cheat. The inventor of the legendary Savannah move spent 25 years in the game, without ever being charged with a crime.