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PAGCOR to further lower online GGR tax rates for IR operators to 25 percent
The Philippine Amusement and Gaming Corporation (PAGCOR) is going to further lower its license fees on integrated resorts’ online gaming revenues to 25 percent, effective from January 1st, 2025.
Macau GGR sees decline after summer peak: UBS
Macau's daily gross gaming revenue (GGR) has slowed following the end of the summer holiday season, according to UBS.
Chinese football bans 43 for life over gambling and match-fixing scandal
Chinese football authorities have banned 43 individuals for life due to their involvement in gambling and match-fixing scandals.
PAGCOR expecting delivery of 2,000 new slot machines for Casino Filipino by mid-September
The Philippine Amusement and Gaming Corporation (PAGCOR) is expecting the delivery of nearly 2,000 new slot machines for its Casino Filipino gaming venues by mid-September.
Singaporean gambler ordered to pay $25.3M gambling debt to The Star casino
A Singaporean businessman, Wong Yew Choy, has been ordered by an Australian court to pay over AU$38 million ($25.3 million) in gambling debts to The Star Gold Coast casino.
Philippines casino project costs drive International Ent. to $17.3M loss
International Entertainment Corporation has announced that it expects to record a loss of no less than $17.3 million for the financial year ending June 30th, compared to a profit of $2.4 million in the previous year.
Las Vegas Sands increases its stake in Sands China
Macau gaming operator Sands China announced that its controlling shareholder, Las Vegas Sands plans to further increase its stake by over $100 million.
Macau anticipates surge in tourist arrivals during October Golden Week
Macau is preparing for a significant increase in tourist numbers during the upcoming October Golden Week.
Entertainment complex law takes center stage in Thailand’s new policy agenda
Thailand's new prime minister, Paetongtarn Shinawatra, is set to officially unveil her policy agenda this week, with the "Entertainment Complex Law" emerging as a key highlight.
Macau 2023 gaming receipts jumped by 308.1%, expenditure up 98.6%
Macau's gaming sector experienced a dramatic increase in receipts in 2023, soaring by 308.1 percent year-on-year to $23.5 billion.
Singapore passes changes to Casino Control Act, cashless in focus but no crypto in casinos
Singapore has passed proposed changes to its Casino Control Act, helping to future-proof the industry. This includes facilitating cashless gaming but falls short of allowing cryptocurrency to be used in casinos due to “money laundering risk”.
