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IPI CEO looks to the future after escaping jail term
There’s one casino executive this week who must be relieved it’s Friday. Imperial Pacific CEO Donald Browne narrowly escaped a jail term after both he and the company were found in contempt of a Commonwealth of Northern Mariana Islands court.
Casino operators fall short of royal titles
At least two operators in the Asia Pacific region this week have to be thinking thank goodness it’s Friday. The ongoing sagas at both Imperial Pacific and Crown Resorts only got more tawdry, doing little to improve the brand image of the region’s gambling industry.
IPI opposes efforts to auction assets
Imperial Pacific International (CNMI) LLC is opposing Pacific Rim Land Development LLC’s request for an order authorizing the contractor to auction off IPI’s gaming machines and vehicles, saying a better option is for an investor to depost the money in a CNMI bank account.
MBS hires lawyers to probe $1b in transfers
Marina Bay Sands has hired a top law firm in Singapore to look into potential employee transfers of more than $1 billion in clients’ funds to third parties, Bloomberg reports.
Tax Office to trump Pacific Rim in IPI spoils
A $9.4 million claim by the Commonwealth of Northern Marianas Islands’ tax department should come before the claims of former contractor Pacific Rim Development in a legal dispute, local media reports the Office of the Attorney General as saying.
IPI CEO says company feels unwelcome
Imperial Pacific International’s newly appointed CEO Donald Browne has reportedly told members of the House of Representatives Gaming Committee that the government’s actions have made them feel unwanted on Saipan.
Donaco appoints vendor, former legal foe, as CEO
Donaco International says Lee Bug Huy, one of the businessmen who sold the Star Vegas casino in Cambodia to the Australian operator, will be its new CEO.
Chinese workers claim $11.58m in damages from IPI
Seven Chinese workers, who were hired by subcontractors of Imperial Pacific International, are seeking $11.58 million in damages from the operator due to injuries suffered on site and poor working conditions, local media reports.
Genting reshuffles management, appoints CEO’s son as deputy CEO
Genting Bhd has announced a series of changes to its management structure, including the appointment of Lim Keong Hui, the son of Chairman and CEO Tan Sri Lim Kok Thay as deputy CEO.
Japanese courts face tax expense lawsuits
Japanese courts are facing a series of lawsuits from punters seeking to claim their losing bets as a tax deductible expense after a Supreme...
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
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.
Attracting players, not fraudsters
With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Asia Gaming Briefings – Oct 2020 Edition
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.