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Macau gaming tax revenue at 45.6% of budget through August

The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.

Macau estimates $11.2 billion in gaming taxes for 2020

The Macau government’s budget proposals put forward the estimate that it will collect MOP91 billion (about US$11.2 billion) in gaming taxes in 2020, suggesting no growth in the coming year.
Sihanoukville generic

Online ban to hit casino tax revenue

Cambodia’s ban on online gambling is expected to hit government tax revenue next year, the Khmer Times reported, citing minutes from a meeting with Finance Minister Aun Pornmoniroth.

Macau gaming tax revenue gains 2.3 percent to July

Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.
Myanmar

Greater China investors eye Myanmar

Casino investors from Hong Kong, Taiwan and Macau have made enquiries about operating in Myanmar after the government passed new regulations in May.

Gaming tax revenue up 16.2 pct in January

Gaming tax revenue collected by the Macau SAR government increased by 16.2 percent in January, reaching MOP10.2 billion, local media reports. The increase comes...

Van Don IR completion slated for 2022: reports

A $2 billion integrated resort planned for Quang Ninh province on Vietnam’s northern coast is expected to begin its first phase of construction in the first quarter of 2019 and be fully completed by 2022, according to local news reports.

Gambling nets Seoul $54.5b over 15 years

The South Korean government has earned 62.5 trillion won (US$54.56 billion) from the gambling industry over the past 15 years, about half of it...

Cambodia casino tax rake jumps 40 percent in 2016

Tax revenue collected from Cambodia’s casinos jumped by about 40 percent in 2016 helped by increasing volumes, government efforts to improve tax collection and...
Vietnam Ha Long Bay

Gambling on locals

Vietnam is taking a step towards lifting a ban on locals gambling, but the experiment is limited to two casinos, leading to question marks over whether it will be the game changer that many foreign investors had hoped. The narrow scope of the experiment and remote location of the proposed resorts may hamper the revenue potential.  

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Puducherry government urges blanket ban on online gambling

The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation and the Philippine Amusement and Gaming Corp said they have completed the capital region’s largest quarantine facility for Covid-19 patients.
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Asia turns up heat on online gambling

Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
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