Good morning. The Singapore government is currently considering amendments to the existing gambling legislation, one of which addresses internet and mobile gambling, and the other being the blurred boundaries between gambling and gaming. Our Industry Opinion piece today features Wai Ming Yap and Gina Ng, who discuss issues such as skin betting, social gambling, and video game lootboxes.
What you need to know
- Beijing has announced plans aimed at encouraging greater integration between Macau and Guangdong to aid the territory’s “appropriate economic diversification.”
- Macau GGR in the most recent week gained 74 percent over its August average, continuing its recovery after the latest Covid spike.
- Metro Manila will be downgrading from its strictest Enhanced Community Quarantine (MECQ) to General Community Quarantine (GCQ) from Wednesday.
- CNMI governor Ralph DLG Torres has put his support behind online gaming on the island, as long as the rosy GGR projections made by the gaming regulator hold true.
On the radar
- Thailand to reopen Bangkok, other key tourism destinations from Oct. 1.
- PAGCOR says missing POGO receipts due to efforts against illegal gambling.
- Sands China welcomes master development plan for Macau and Hengqin.
- Belle Corp. unit’s joint venture gets P5.8b contract with state lottery operator.
- SEGA Sammy Creation to roll out Wealth Rush in Macau this year
What the papers say
- More than 5,500 arrested in MO, HK, and Guangdong major vice crackdown
AGB Intelligence
INDUSTRY OPINION
Blurred lines between gambling and gaming
Wai Ming Yap, a partner with Singapore law firm Morgan, Lewis & Bockius and senior associate Fiona Ng, explore the proposed amendments to Singapore’s gaming law, as regulators look to introduce clarity on the increasingly blurred lines between gaming and gambling. Under the spotlight is a likely ban on skins betting, but a more relaxed stance on social gambling, as long as it’s not online. Regulators note that mystery boxes are similar to lotteries, in particular those that promise high-value prizes that can easily be traded for cash.
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