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Demands on Jeju Tourism Promotion Fund increasing
Special loans to local tourism-related businesses have been spiralling upward since the outbreak of the Covid pandemic. These loans are provided through the Jeju Tourism Promotion Fund, which itself is facing a cash crunch as its funding comes largely from the island’s struggling casinos.
Jumbo donates 10,000 masks to Philippines and Cambodia
Jumbo Technology is donating a total of 10,000 masks to the Philippines and Cambodia in its first round of medical funding and donations.
“Countries have...
IPI owes community benefit fund $37 million
Commonwealth Casino Commission (CCC) executive director Charlie Atalig has filed a complaint against IPI for allegedly failing to contribute $40 million in community benefits...
Racing industry gets $72.5 million in emergency support
New Zealand’s racing industry is getting a major boost from the government with a $72.5 million emergency support package, including $20 million to build...
MGM Resorts Intl offers senior notes to enhance liquidity
MGM Resorts International on Monday announced it has completed its previously announced issuance of $750 million in aggregate principal amount of 6.75 percent senior...
PAGCOR releases P12 billion dividends for COVID-19 response fund
The Philippine Amusement and Gaming Corporation (PAGCOR) has released a P12 billion (US$233.7 million) cash dividend to the National Treasury to cushion the impact...
BBIN & TGB Charity support children’s education in Cambodia
TGB Charity, a subsidiary charity brand of BBIN, partnered with Cambodian Children’s Fund (CCF) this year and donated US$40,000 to various educational projects to...
Melco resorts & Macao Federation of Trade Unions set up special aid fund
Further to Melco Resorts & Entertainment's recent HK$20 million donation to Wuhan and Hubei to help curb the outbreak of Covid-19, the company has...
Former MBS gambler sues casino for $6.6 million
A former Chinese gambler at Marina Bay Sands is suing the casino for allegedly transferring funds from his casino deposit accounts without his authorization,...
Summit Ascent raising funds to develop Tigre de Cristal
Summit Ascent Holdings said it is looking to place up to 300 million shares, in order to raise funds to further develop its gaming...
Australasian Gaming Expo (AGE) 2021
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – June 2021 Edition
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.