Tuesday, March 19, 2024

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UPCOMING INDUSTRY EVENTS

Lower licensing fee to help in “cleanse” of “black market” POGOs – Officials

Lower licensing fees and tighter probity checks are helping to "cleanse" the multiple criminal elements reported in previous Philippine offshore gaming operators (POGOs) operations, PAGCOR officials commented.

Bloomberry well prepared for opening of Solaire North in late May 

The Philippines' land-based casino leader, Bloomberry Resorts Corp, says that it is well-prepared for its second integrated resort project - Solaire Resort North, set to open in late May.

Philippines to become second largest ASEAN gaming market – PAGCOR Chairman

Privatisation and regulatory reforms should position the Philippines as one of the most "attractive gaming jurisdictions, not only in Southeast Asia region, but in the Asian Pacific sphere in in the near and middle term, only surpassed by Macau, Alejandro H Tengco, Chairman and CEO of PAGCOR said today.

SkyCity appoints new Chief Information Officer

New Zealand's SkyCity Entertainment Group Limited has announced the appointment of Andrew McPherson as Chief Information Officer, effective from March 18, 2024 pending all requisite regulatory approvals.

China urges citizens to avoid gambling in Singapore

China's embassy in Singapore issued a strong advisory to its citizens, urging them to refrain from any form of betting while in the city-state, citing violations of Chinese laws regarding overseas gambling.

Thailand’s Deputy Police Chief summonsed over money laundering charge linked to online gambling

Police in Thailand have summonsed deputy national police chief Pol Gen Surachate Hakparn to face a money-laundering charge in connection with alleged online gambling.

FE Consortium’s Czech gaming biz aims to raise $41.4M via IPO

Palasino Holdings, a Czech gaming and entertainment company and a subsidiary of the Far East Consortium, plans to raise approximately HK$323.4 million ($41.4 million) through its initial public offering (IPO) of shares.

Regulator urges Macau casinos to implement ‘comprehensive’ management via technology

In a recent meeting with Macau gaming operators, the casino regulatory body in Macau, the Gaming Inspection and Coordination Bureau (DICJ), urged them to update their monitoring systems on the gaming floor. The aim is to implement 'comprehensive management through technology’.

India’s ‘Lottery King’ emerges as nation’s top political donor amidst allegations of fraud and money laundering

Amidst accusations of fraud and money laundering by authorities, Santiago Martin, often dubbed India's "lottery king," has surfaced alongside his company as the foremost political donor in the nation.

ASEAN Gaming Summit kicks off tomorrow!

After months of building anticipation, Asia’s premier gaming event is kicking off on Tuesday, March 19th, with speakers, exhibitors and participants already flooding into the Philippine capital to meet at the Shangri-La The Fort.