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Universal to form Governance Committee to enhance compliance practices
Universal Entertainment Corp, the parent company of Okada Manila, has announced the formation of a Governance Committee to assess its management compliance practices.
POGO ‘Boss’ Huang Ziyang fled to Hong Kong according to Philippine Senator
Huang Ziyang, believed to be a key figure in establishing Philippine Offshore Gaming Operators (POGOs) in Pampanga and Tarlac, has fled to Hong Kong,...
The Star asked to reply until Sept 27th to recent inquiry report
The Star Entertainment Group Limited has been given until September 27th to reply to a "show cause" notice by the New South Wales Independent Casino Commission (NICC) following the release of the final report from the 2024 Independent Inquiry into the company.
Philippines tax office sees over $350 mln tax take from E-Games
The Bureau of Internal Revenue (BIR) in the Philippines is expected to collect up to PHP20 billion ($352 million) from franchise tax collection as electronic games (e-games) continue their upward growth.
Thailand’s coalition party supports casino plan but warns of monopoly risks
Thailand’s prominent coalition party, Bhumjaithai, reiterated its support for Pheu Thai’s proposal to legalize casinos but expressed concerns about the potential for monopolies.
Macau’s hotel sector saw $1B gross surplus in 2023, led by 5-star hotels
Macau's hotel sector recorded a gross profit of nearly MOP8.16 billion ($1.02 billion) in 2023, with five-star hotels contributing almost MOP5.88 billion ($736 million), or 72 percent of the total.
Avril Baynes takes helm as SkyCity Adelaide’s Managing Director
SkyCity Entertainment has appointed Avril Baynes as Managing Director of its Adelaide operations.
US sanctions gaming-linked Cambodian tycoon Ly Yong Phat for human trafficking, cyber and virtual currency scams
The United States has imposed sanctions on Ly Yong Phat, a Cambodian tycoon linked to illegal online gambling.
Thailand PM gives first policy address, statement highlights benefits of entertainment complexes
In her inaugural policy address to Parliament on Thursday, Thailand’s new Prime Minister Paetongtarn Shinawatra focused on financial stability and how to increase government revenue, including the development of mega-projects such as entertainment complexes.
Macau CE candidate calls for healthy, orderly, and sustainable gaming development
Macau's unopposed Chief Executive candidate, Sam Hou Fai, has urged gaming operators to ensure the industry’s growth is maintained through "healthy, orderly, and sustainable development.”
Macau operators’ revitalization plans slower-than-expected due to bureaucracy
Non-gaming projects promoted by Macau’s gaming operators are progressing more slowly than anticipated, primarily due to bureaucratic hurdles. Meanwhile, a local association representative indicates that a lack of clear directional planning has resulted in fragmented diversification plans.
