Thursday, October 10, 2024

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Dowinn Group reopens all VIP rooms in PH, but majority record no activity

According to a source familiar with the situation, a leading junket operator in the Philippines, Dowinn Group, has reopened all of its previously shuttered VIP gaming rooms. However, the majority of these rooms have not recorded any activity.

Dowinn extends temporary cessation to secure ‘necessary funding’

Dowinn Group, a leading junket operator in the Philippines, officially confirmed the postponement of its reopening until July 19th via a statement sent to AGB.

Philippines junket operator Dowinn postpones reopening to July 19th

Dowinn Group, a leading junket operator in the Philippines, failed to fulfill its commitment to resume operations on Monday at 2pm. According to a report from Korean news portal Daum, the operator has postponed its reopening until July 19th.

Dowinn junket confirms temporary suspension of operations, denies permanent closure

Dowinn Group, a leading junket operator in the Philippines, has refuted claims of a 'complete collapse' in an official statement sent to AGB, attributing the situation to 'unjust defamation by external forces’.

Daily Asia Gaming eBrief: Dowinn Group evolving from junket to IR operator

The regulatory environment and the growth possibilities within the Philippines have allowed the Dowinn Group to evolve beyond just a junket. Lorraine Koo, Corporate Chief Operating Officer, notes that the group is actively exploring its IR options, adapting to the times and moving beyond its roots.
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Dowinn Group: from junkets to IRs, potential in the Philippines

The Philippines offers an exciting landscape, as operators thrive amongst a solid regulatory framework. Lorraine Koo, Corporate Chief Operating Officer for Dowinn Group explains how the company is expanding its roots beyond a junket base into IRs, the shifting focus on clientele – from Chinese to Korean, and the company’s evolving role.

Daily Asia Gaming eBrief: POGO ban creates number of important questions

Goodbye to POGOs. At least that was the tone of the Philippine President when he announced that offshore gaming operations overseen by PAGCOR should be banned by the end of the year. A legal expert points out how this could cause a refocus on onshore gaming. But questions remain as to whether forms of offshore will continue, particularly outside PAGCOR's purview. Meanwhile, Macau operators continue their market share dance, with expectations for continual adjustments throughout this and next year, despite few surprises anticipated from the soon-to-be-released 2Q24 results.

Daily Asia Gaming eBrief: Push for a unified regulatory framework for iGaming

Operators in the iGaming space can never be content to sit on their laurels, as a changing customer demographic implies more demands regarding user interfaces and experiences, notes the CEO of live games provider ATMOSFERA.

Daily Asia Gaming eBrief: Illegal betting in India threat to national security

Not only illegal, but a threat to national security. That's what the authors of a recent whitepaper say about illegal gambling in India, concerned not only about the outflow of billions of dollars to offshore accounts, but the vulnerability of users of betting apps, who are signing up for more than they bargained for.

Daily Asia Gaming eBrief: Still space for more IRs, says PAGCOR Chairman

While space in Metro Manila is diminishing, PAGCOR's Chairman highlights exactly how many properties could be coming online within the region in the future, and which are in discussions to explore new opportunities in other, close, markets.