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Inside the heated debate over legalizing casinos in Thailand

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In a key political twist, Newin Chidchob, a prominent figure in Thai politics, has firmly rejected Thaksin Shinawatra’s proposal to legalize casinos.

The decision came to light following a private discussion between the two influential leaders earlier this month. This exchange has significant implications for the future of gambling legislation in Thailand, a country where gambling remains largely prohibited.

Thaksin, the father of current Prime Minister Paetongtarn Shinawatra, has been advocating for the legalization of casinos as part of larger entertainment complexes. His vision includes the establishment of casino resorts in major tourist hubs like Bangkok, Phuket, and Pattaya. The proposed projects aim to draw international tourists and stimulate economic growth, offering a new avenue for revenue in Thailand’s already thriving tourism sector.

However, despite Thaksin’s efforts to gain support, Newin has stood firm in his opposition to the plan. His primary concerns revolve around the potential social and economic risks that legalized casinos could bring, such as increased debt and addiction among Thai citizens. Newin’s position holds significant weight, given that his Bhumjaithai Party plays a crucial role within Thailand’s ruling coalition, which also includes Thaksin’s Pheu Thai Party.

Interestingly, Newin’s opposition isn’t against the broader idea of developing entertainment complexes. He appears open to the concept of such projects, provided they exclude gambling activities. This difference in vision highlights a key point of contention between the two political figures, illustrating the delicate balance within Thailand’s current coalition government.

Thaksin’s push for casinos comes amid scrutiny over his potential influence on his daughter’s administration. Critics argue that he may be wielding undue sway over the government and its coalition partners, potentially overstepping legal and political boundaries. These allegations have prompted investigations by Thailand’s Election Commission and the Constitutional Court, as reported by Thai Newsroom and Reuters.

While Thaksin remains focused on ambitious economic ventures, including a joint Thai-Cambodian development in the Gulf of Thailand, the rejection of his casino initiative represents a major hurdle. The proposal, intended to be a cornerstone of Thailand’s tourism growth strategy, now faces significant resistance from within the coalition itself.

As the situation unfolds, the rift between Newin and Thaksin over the casino plan could have broader implications for Thailand’s legal and economic landscape. The outcome of this debate will not only shape the future of gambling in Thailand but could also influence the dynamics of the coalition government and the country’s overall economic direction. For now, the spotlight remains on these political heavyweights as they navigate this contentious issue, with the potential for further developments to impact the Thai gambling industry and its regional connections.

Authorities observe surge in illegal gambling dens in parts of Myanmar

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Authorities in Myanmar are witnessing a rise in illegal gambling dens in parts of the country, with the latest surge observed in Bhamo, a town in the country’s Kachin State.

Despite the countrywide ban on gambling, local authorities have not yet made any arrests related to these operations.

Myanmar strictly prohibits all forms of gambling but illegal outlets appear to be thriving. Local media reported about concerned citizens in the town who said that gambling is fueling family disputes amidst widespread economic hardship. Meanwhile, local authorities seem more focused on minor offenses like unlicensed motorcycle use, rather than targeting the gambling issue, according to locals.

In September, only two illegal gambling dens were known to operate in Bhamo. However, by October, that number had surged, with even more currently under construction. The growing presence of these establishments has led to an increase in gambling activity, resulting in rising crime rates, such as robberies and thefts, as individuals seek money to fuel their addiction.

Residents also highlighted the town’s struggles, explaining that many of its inhabitants face job shortages, with women seeking work in border areas while many men remain in Bhamo, fearing forced conscription if they venture out. The lack of employment has driven people, including desperate youths, to frequent these gambling dens despite severe food shortages.

The political landscape in Bhamo is complex, with the town under the control of Myanmar’s military junta. Surrounding rural areas, however, are under the influence of the Kachin Independence Army (KIA) and local defense groups known as PDFs. This instability further complicates efforts to address issues like illegal gambling and economic hardships.

Over 5,000 POGO foreign workers failed to downgrade visas

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More than 5,000 foreign workers employed by Philippine offshore gaming operators (POGOs) have not downgraded their visas by the October 15th deadline, as the government moves to shut down these businesses by the end of the year, according to the Department of Justice (DOJ).

President Ferdinand Marcos Jr. imposed a ban on all POGOs in July due to their involvement in illegal activities, including torture and scams. A deadline has been set by the Marcos administration to wind up all POGO operations before December 31st of this year.

As reported by Filipino media, Justice Secretary Jesus Crispin Remulla stated that these workers are prohibited from engaging in business activities but may assist in winding down operations.

Visa downgrading allows foreign workers to shift from work visas to temporary visitor visas, permitting them to remain in the Philippines for up to 59 days.

In contrast, over 12,000 foreign workers from closed POGOs have successfully applied for visa downgrades.

Remulla noted that many of the foreign workers, predominantly Chinese citizens, are reluctant to return home, presenting a challenge for the government. He indicated that the situation could lead to a humanitarian crisis if not managed properly.

As a response to the non-compliance, the DOJ is considering fugitive recovery operations to address those who failed to downgrade their visas. However, Remulla assured that the government can handle the situation, emphasizing the importance of ensuring that workers can reclaim their funds during the winding down process of POGO operations.

Bloomberry CEO Thomas Arasi increases personal stake in the group

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The President and Chief Operating Officer of Bloomberry Resorts, Thomas Arasi, has seen a significant change in his shareholdings under the company’s stock incentive plan.

According to a Philippines Stock Exchange filing, on October 18th, 2024, Arasi acquired an additional 9,272,613 shares of Bloomberry, increasing his direct ownership to a total of 16,578,248 shares.

Following this transaction, his indirect ownership now stands at 21,904,835 shares, reflecting his substantial stake in the company.

The shares were acquired at a price of PHP7.78 ($0.13) each under the terms of the stock incentive plan, or PHP72.1 million ($1.2 million) in total.

Bloomberry Resorts recently successfully completed the refinancing of a $1.24 billion loan, in order to help lighten its debt burden as Solaire Resort North ramps up.

Marriott partners with Shum Yip Holdings to launch Luxury Collection and AC Hotels in Shenzhen

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Marriott International has announced a partnership with Shum Yip Holdings to introduce two new hotel brands, the Luxury Collection Hotel and AC Hotel, in Shenzhen, with plans for both properties to open in November 2028.

This new venture enhances Marriott International’s growing portfolio in Shenzhen, where the company currently operates over 20 properties across 13 brands. Recently, Marriott signed agreements with Sands China to launch its first Luxury Collection hotel in Macau, further expanding its presence in the region.

The Londoner Macau, Sands China, Marriott partners with Shum Yip Holdings to launch Luxury Collection and AC Hotels in Shenzhen
Sands China, in collaboration with Marriott International, has announced the launch of the Londoner Grand Hotel, the first hotel in Macau to be entitled “Luxury Collection Hotel”.

The hotels will cater to the needs of both business and leisure travelers, strategically located near Shenzhen North Railway Station, which offers access to 20 high-speed railway lines connecting to major cities such as Shanghai, Xi’an, and Changsha. Guests will also find convenient access to Shenzhen Bao’an International Airport.

The Luxury Collection Hotel, designed by Shenzhen Cheng Chung Design, aims to provide a luxurious experience that reflects local culture.

It will feature 173 guest rooms and suites, a variety of dining options, and recreational facilities, including both indoor and outdoor pools, as well as a fitness center. Additionally, the hotel will offer extensive event space, including a ballroom, junior ballroom, and multiple meeting rooms totaling 1,600 square meters.

The AC Hotel by Marriott Shenzhen North Station will complement this offering with 207 guest rooms and suites. Amenities will include an all-day dining restaurant, the AC Lounge, and a 24-hour AC Store for snacks and beverages. This hotel will also share conference and event facilities with the Luxury Collection Hotel.

“This signing not only strengthens our portfolio in southern China but also exemplifies our commitment to catering to today’s luxury travelers”, Gavin Yu, Marriott International’s Chief Development Officer for Greater China, said in an announcement.

Macau GGR to increase 5% YoY in 4Q24: CICC

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Investment bank China International Capital Corporation (CICC) is optimistic about the growth of Macau’s gaming industry in the fourth quarter of 2024. Analysts predict a quarter-on-quarter increase of 4 percent and a year-on-year increase of 5 percent in total gross gaming revenue (GGR).

CICC’s report highlights several key factors supporting this anticipated growth. First, the appreciation of the Renminbi against the Hong Kong Dollar is expected to attract more visitors and enhance their spending capacity. Second, consumer confidence is projected to strengthen in 4Q24, bolstered by a series of stimulus policies introduced by the Chinese government.

Additionally, non-gaming activities, such as the Andy Lau concert, are likely to boost visitor numbers.

However, industry growth might face slight challenges from travel restrictions during the 25th-anniversary celebrations of the Macau SAR. According to local media reports, President Xi Jinping may attend the celebrations, which could lead some visitors to avoid traveling during that period. Macau’s anniversary falls on December 20th, which is a public holiday in the region.

CICC’s expectations align with those of local tourism authorities, who anticipate a busy event schedule in the fourth quarter, along with the Christmas holidays, typically a peak season for tourism. 

In June, Macau’s tourism authorities set a goal to welcome 33 million visitors in 2024, representing a nearly 17 percent increase from 2023. This projection is based on the fact that the Chinese government has added 10 more cities to the Individual Visit Scheme (IVS).

Galaxy Entertainment, Macau, Capella Hotel

Galaxy is a top pick 

CICC reaffirms a “buy” rating on several stocks, including Galaxy Entertainment, bolstered by the continued ramp-up of Galaxy Phase 3 and the planned mid-2025 opening of the Galaxy Capella Hotel, featuring 36 sky villas and 57 suites. 

Wynn Macau is also highlighted, as the company possesses ‘top-tier customer resources’, potentially allowing it to benefit more from the wealth effect compared to its peers.

Data from the Gaming Inspection and Coordination Bureau (DICJ) of Macau show that total gross gaming revenue for 3Q24 increased by 13.9 percent year-on-year but decreased by 1.5 percent quarter-on-quarter, reaching 78.5 percent of 3Q19’s total.

The mass gaming sector saw a slight quarter-on-quarter decline of 1 percent, recovering to 107 percent of 3Q19 levels. Meanwhile, the VIP sector experienced a 3 percent decline quarter-on-quarter, recovering to just 42 percent of Q3 2019 levels.

CICC forecasts a 5 percent year-on-year increase in industry EBITDA for 3Q24, but a 2 percent decrease quarter-on-quarter, amounting to $1.93 billion and recovering to 83 percent of 3Q19 levels.

This projection takes into account the slightly weak performance of total gaming revenue, although the reinvestment rate within the industry remains stable.

For the Macau gaming industry, based on adjustments to revenue forecasts, CICC has lowered industry EBITDA predictions for 2024 and 2025 by 2 percent and 6 percent, respectively, expecting a recovery to 86 percent and 97 percent of 2019 levels.

Meanwhile, analysts also note that the recovery of the Macau gaming industry is slower than expected, and competition in the Asian gaming market is intensifying.

Sportradar enhances NBA partnership with new fan engagement tools

Sportradar is enhancing its partnership with the NBA this season through the introduction of a suite of innovative fan engagement solutions fuelling the passion of the league’s two billion global fans.

These products represent the next phase in the evolution of basketball consumption benefitting not only the NBA but also operators and media partners looking to capitalize on the excitement surrounding one of the world’s most-watched and bet-on sports.

Sportradar, leveraging AI and its advanced, proprietary technology, has launched a suite of next-generation products for the NBA by accessing the full range of official NBA content, including skeletal tracking data. Sportradar is able to harness hundreds of thousands of data points from each game, enabling the rapid development of products that redefine the standards of fan engagement and open up new revenue streams for the NBA and its partners and Sportradar clients.

Innovative fan engagement solutions

  • Virtualized Live Match Tracker: This innovative tool uses computer vision to transform real-time official NBA data into 3D visualizations that are delivered in a hyper-personalized stream, featuring customizable viewing angles and resulting in an immersive experience that keeps fans engaged in a betting operator’s app as they are served in-play betting opportunities.
Virtualized Live Match Tracker
Transforming NBA data into 3D visualizations, providing an immersive, personalized betting experience.
  • 4Sight Streaming: Launched earlier this year for tennis, and now available for basketball, 4Sight Streaming generates animated overlays and actionable insights by processing an unparalleled volume of deep data. This creates an enriched viewing experience that can predict the likely outcomes in a game so that fans can make informed real time betting decisions.
Sportradar 4Sight
Enhancing basketball with real-time insights and predictive overlays, offering an enriched viewing and betting experience.
  • NBA Advanced Visualizations: Through rich, interactive graphics and animations, these visualizations leverage real-time skeletal tracking data to create engaging content, such as 3D animations, heat maps, and player performance metrics, that enhance game analysis and add a dynamic element to support media companies’ storytelling about action on the court.
Sportradar, NBA Advanced Visualizations
Leveraging real-time skeletal tracking data, these visualizations feature 3D animations, heat maps, and player performance metrics to enhance game analysis and media storytelling.
  • emBET: Following its successful launch on NBA League Pass earlier this year, emBET now allows bettors to actively monitor their wagers and is also now available on a wider range of devices, including internet-connected televisions and Android devices, increasing opportunities for fans to enjoy an interactive viewing and betting experience.

Eric Conrad, EVP, Rights & Strategic Partnerships – USA & Latam, Sportradar said: “Sportradar is committed to deepening our longstanding partnership with the NBA, while also supporting betting operators and media companies in capitalizing on the immense global popularity of the league. Sportradar’s proprietary technology, underpinned by the application of powerful AI to deep data, continues to reimagine how fans interact with the NBA. We are excited by what the future holds, driven by our constant innovation.”

PopOK Gaming releases Fortune Panda, a new Asian-themed slot game

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PopOK Gaming, a leading company in the iGaming industry, unveiled its latest release—Fortune Panda, a captivating Asian-themed slot that invites players to explore the treasures of the East.

This thrilling new game offers an exciting blend of immersive gameplay, stunning visuals, and the chance to unlock extraordinary rewards.

Fortune Panda is a medium-volatility slot, designed on a mobile-optimized 3×3 grid with 5 paylines, ensuring an engaging experience across all platforms. With its Fortune Panda Respins feature, players can enjoy the thrill of multiple opportunities to fill the grid and secure incredible wins.

This highly anticipated release is a testament to PopOK Gaming’s commitment to delivering innovative, high-quality content that both engages and excites. As the company continues to expand its diverse portfolio, Fortune Panda sets a new standard in slot gaming with its vibrant Asian theme and exciting features.

Statement from PopOK Gaming: “We are excited to bring the magic of the East to our players with Fortune Panda, a game that perfectly blends beautiful design, exciting mechanics, and massive winning potential. Fortune Panda represents another step forward in our commitment to delivering top-tier entertainment and pushing the boundaries of what slot games can offer.”

With Fortune Panda, players are invited to step into the panda’s realm and enjoy its bountiful fortunes. This release further strengthens PopOK Gaming’s reputation for developing captivating games that resonate with players worldwide.

Digitain extends partnership with LeBull.pl to boost presence in European market

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Digitain, a leading sportsbook and casino platform provider offering best-of-breed turnkey and API solutions to over 180 partners, keeps expanding its presence on the European market with a new partnership with LeBull.pl, a major Polish sports betting and casino operator.

Building on a successful partnership, LeBull.pl is taking its Polish market presence to the next level with Digitain’s award-winning sportsbook solution, which will empower LeBull.pl to engage players more effectively through a range of innovative features. 

Following the announcement, Ani Mkrtchyan, Chief Sales Officer of Digitain, said: “This new partnership is a significant milestone in Digitain’s strategy to expand in Poland. We’re happy to be able to work with such a brand as Lebull.pl and their management team to bring our common vision to life. LeBull.pl commitments and objectives perfectly align with ours, so we’re looking forward to reaching new heights together.”

Konrad Łabudek, Head of LeBull Poland, also commented on this agreement: “Poland is an exciting market for us, as we are eager to further develop in the region and our implementation there has to do with our collaboration with Digitain. Together we managed to develop a product that complies with the specific and complicated regulations in force in Poland. Digitain’s incredible service and quality support were very helpful in this regard.

Poland is a significant market with opportunities for growth, and one we’re delighted to be a part of. We look forward to cooperating with Digitain’s team to reach new heights and increase our brand’s presence in this promising market for months and years to come.”

The integration with LeBull.pl, which is powered by Gamingtec platform, will further expand the existing partnership with LeBull. Building on a successful partnership, LeBull.pl is taking its Polish market presence to the next level with Digitain’s award-winning sportsbook solution, which will empower LeBull.pl to engage players more effectively through a range of innovative features.

IGT and La Française des Jeux extend partnership with new 3-year deal

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International Game Technology (IGT) has announced that its subsidiary, IGT Global Solutions Corporation, has secured a three-year contract with La Française des Jeux (FDJ), the operator of the French National Lottery, to deliver innovative instant ticket games.

This contract was awarded following a competitive procurement process and reflects a longstanding partnership between IGT and FDJ, built on mutual trust and a shared commitment to global sustainability.

An important element in IGT securing the FDJ contract was IGT’s dedication to responsible business practices across its global operations which are in alignment with FDJ’s business goals and sustainability priorities. These practices include sourcing paper from FSC-certified suppliers, using non-toxic inks and coatings and implementing processes designed to reduce emissions, ensuring environmentally conscious production without compromising innovation or quality of the tickets.

IGT
La Française des Jeux (FDJ) headquarters in France

“In renewing our instant ticket contract for the coming three years, we were extremely interested in securing a partner who understands our business ambitions and shares our commitment to social and environmental responsibility,” said Patrick Buffard, Chief French Lottery and Retail Sports Betting Business Unit Officer.

“IGT has established a strong understanding of FDJ’s goals, and a keen awareness of its growth opportunities and sustainability commitments throughout our decades-long partnership,” said Jay Gendron, IGT Chief Operating Officer, Global Lottery. “IGT’s new three-year instant ticket printing contract with FDJ enables us to continue our collaboration, by leveraging our state-of-the-art printing facility and diverse game portfolio to meet FDJ’s needs. We are committed to extending FDJ’s business success with our compelling instant ticket games and a strong focus on Sustainable Play™.”

Under the terms of the agreement, FDJ will have access to IGT’s full suite of engaging instant ticket games, including its revolutionary Infinity Instants™ games, and IGT’s digital instant ticket printing platform that provides unprecedented flexibility in the design, production, and marketing of instant games. IGT and FDJ will continue providing innovative player experiences, supported by responsible and sustainable business practices.

In addition to supplying instant tickets, IGT has served as the primary lottery central system supplier to FDJ since 2000 and provides FDJ with its central system hardware, instant ticket vending machines, and ongoing technology support and maintenance.

As the global lottery market leader, IGT is the primary technology provider to 26 of the 46 lotteries in the U.S., eight of the world’s 10 largest lotteries and 16 of the world’s top 25 lotteries.