TAGBao Zhu Zhao Fu
LATEST ARTICLES
LATEST NEWS
Appeal by Suncity Group’s Alvin Chau rejected, upholding 18-year jail term
Macau’s Court of Final Appeal has upheld the prison sentences related to the Suncity Group case.
Police to offer protection to crime prevention officials threatened after illegal POGOs crackdown
The Philippine National Police (PNP) said they will provide security assistance to personnel and officials of the Presidential Anti-Organized Crime Commission (PAOCC) who have received threats to their lives.
US tax authority claims Northern Marianas gaming regulator owes $5.8M in unpaid taxes
The US Internal Revenue Service has filed a federal tax lien against the Commonwealth Casino Commission (CCC) for over $5.8 million in unpaid taxes dating back to 2022.
Paradise Co. projects steady business growth in coming years with new offerings
South Korea’s leading foreigner-only casino operator, Paradise Co., projects steady business growth in the coming years, forecasting that the firm’s sales volume will reach $952 million by 2026.
South Korea’s GKL sees 7.4% drop in gaming revenue in 1H24
South Korean foreigner-only casino operator Grand Korea Leisure (GKL) reported a 7.4 percent decrease in casino gaming revenue on a year-on-year basis in the first six months, totaling $138.6 million.
Coordinated Singapore and Malaysia Police crackdown dismantles illegal remote betting operation
In a joint transnational operation, Singapore and Malaysian police forces have foiled an organized criminal group believed to be behind illegal remote betting activities.
Korea’s Jeju Dream Tower’s June casino revenue down 30% m-o-m
Lotte Tour Development, the promoter of the Jeju Dream Tower casino resort on South Korea’s Jeju Island, has disclosed a decrease in casino revenue for June.
Macau gaming company supervisor allegedly solicited bribes to facilitate job recruitment
Macau's Commission Against Corruption (CCAC) recently uncovered a bribery case involving an employee of a gaming company in Macau.
Premium Leisure Corp. to delist from PH Stock Exchange on July 9th
The Philippine Stock Exchange has announced the approval of the voluntary delisting of Premium Leisure Corp effective July 9th.
Macau 2Q24 industry property EBITDA likely down 4% QoQ: Morgan Stanley
Brokerage Morgan Stanley expects that Macau’s gaming industry property EBITDA will decrease by 4 percent, amounting to US$1.97 billion, from the previous quarter.
Vietnam gaming industry approaching saturation: Casino investor
The Vietnamese gaming market is approaching saturation, says Tim Nguyen, a 20-year veteran of the casino industry in the Southeast Asian powerhouse.