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Navigating Indochina’s investment risk
Indochina’s casino markets continue to present robust growth, providing significant investment opportunities for operators with a strong appetite for risk, but they are also likely to need deep pockets as established capital markets are wary of these grey jurisdictions.
Duterte declares PCSO and lotto activities illegal
President Rodrigo Duterte has ordered a halt on all gaming activities of the Philippine Charity Sweepstakes Office (PCSO), including lottery amid claims of “massive...
Xi Jinping visit could impact gaming sector
The upcoming visit of Chinese President Xi Jinping to Macau could have a negative impact on the gaming sector, says equity research analyst Angela...
Robust rules lacking in live casino boom
Cambodia is Indochina’s undisputed king of live dealer gaming, with land-based casinos rushing to install dedicated set-ups to stream action from gaming floors to online players.
Police accused of going on “lavish” trip, sponsored by gaming firm
A Malaysian police delegation has come under fire for accepting a “lavish overseas trip” to Turkey, which was allegedly paid for by a private...
China downplays reports $20b missing in lottery
Chinese authorities are downplaying reports circulating on social media that RMB136 billion ($19.5 billion) has been embezzled from the state lotteries by corrupt officials.
Parañaque officials accused of fast-tracking gaming permits
Three Parañaque officials have been accused of allegedly expediting the approval of business permits for several gaming and entertainment firms in exchange for “grease...
Another Kangwon former CEO accused of corruption
Former head of Kangwon Land, Ham Seung-hee, has been accused of corruption, after unionized employees of the casino reported him for using millions of...
Former ministry official tangled in Kangwon scandal
South Korea’s Ministry of Culture, Sports and Tourism office was raided on Saturday after allegations emerged that a former tourism ministry official had used...
Arrest warrant issued to former Kangwon Land CEO
The former CEO of Kangwon Land has been arrested on charges of unlawfully hiring staff at the request of politicians and local “bigwigs”, The...