Wednesday, October 21, 2020
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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.

AML moving in the right direction in Asia, but gaps wide

Asia’s gaming jurisdictions are moving forward in improving their regulations on money laundering (AML) and financial crime, though wide disparities remain and operators in...

Adelson rips Japan’s “negative regulations”

Las Vegas Sands Chairman and Chief Executive Officer Sheldon Adelson chose his words carefully back in May when he announced that his firm, considered by many observers to be the frontrunner among major IR operators, had pulled out of the Japan race. But in an earnings conference call held last week, he let it rip.

Adelson: “negative regulations” killed Sands’ interest in Japan IR market

Las Vegas Sands Chairman and CEO Sheldon Adelson offered a more candid explanation of why his company pulled out of the Japan IR race...

SunTrust announces exemption from foreign ownership limits

Suncity Group’s local Philippine unit says it is no longer subject to any limits on foreign ownership following the approval of an amendment of its scope of business to focus on tourism-related activities.
Genting Building

Genting applies for online license for Ireland

Genting Malaysia has applied for a certificate of personal fitness for an online gaming license for Ireland, according to local media reports.

Betfair pulls Japan racing after JRA pressure

Betfair Australia said it was pulling the ability to allow bets on Japanese horse racing after pressure from the country’s racing body.
Corona entrance

Locals gaming underwhelms

Vietnam’s hotly anticipated locals gaming program has got off to a slow start, with remote locations and red tape cited as key factors in deterring visitation.

Fitch: Ten-year license “biggest obstacle” to financing

Fitch Ratings has conducted a tour of Japan and offered a “special report” revising some of its previous estimates about the prospects for the Japan IR market, but it also raised a warning flag over the implications of the IR license renewal system.

Beijing sends shockwaves through igaming

After years of turning a blind eye to the booming online gambling markets in Cambodia and the Philippines, authorities in China have finally had enough, triggering a clampdown across the region. 

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