An independent panel established by the New South Wales government has released a comprehensive roadmap to reform the state’s gaming sector, recommending that a statewide account-based gaming system should become mandatory by 2028.

Philippines

Philippines unlikely to achieve tourist target, with only 5M visitors in 11 months

Viviana Chan - December 3, 2024 0

According to data from the Department of Tourism (DOT), the Philippines welcomed nearly 5 million international visitors between January and November, making it unlikely that the country will meet its target of 7.7 million international arrivals for 2024.

Macau

Hengqin approves 5 hotel projects converted from office buildings

Viviana Chan - December 3, 2024 0

Hengqin authorities have approved five applications to convert office or commercial buildings into hotels.

Australia

VGCCC fines hotel operator $65K for providing false information on application

Kelsey Wilhelm - December 3, 2024 0

Australia’s crackdown on operators continues, with Goulburn Valley Hotel the latest focus of its investigations, leveling a $65,000 fine for ‘providing false information’.

South Korea

Paradise Co. sees a 31.3% increase in casino revenue YoY in November

Viviana Chan - December 3, 2024 0

South Korean foreigner-only casino operator Paradise Co. reported a rise in casino revenue to $51.3 million in November, a 31.3 percent yearly increase.

Malaysia

Malaysia amending communications law to address online gambling

Kelsey Wilhelm - December 3, 2024 0

Malaysia’s Communication Minister has tabled a bill to amend the country’s 1998 Communications and Multimedia Act, to address issues including online gambling, scams, cyberbullying and other issues.

Macau

Macau launches new light rail connection to Hengqin Port, encouraging tourist visitation

Kelsey Wilhelm - December 3, 2024 0

Macau is further improving its infrastructure connections to mainland China, with the new Light Rail Transport (LRT) system linking Macau to the neighboring Hengqin commencing operations on Monday.

South Korea

Kangwon Land investing $128M in building new casino

Kelsey Wilhelm - December 3, 2024 0

Kangwon Land, Korea’s only casino accepting local patrons, has announced that it is planning to invest some $128 million to construct a ‘second casino business site’, as part of its KRW2.5 trillion ($1.78 billion) new development plan.

South Korea

Jeju Dream Tower casino sales increase 45.5% YoY in November

Viviana Chan - December 3, 2024 0

Casino net revenue at Jeju Dream Tower rose by 45.5 percent year-on-year in November, reaching $18.6 million. Month-on-month, casino sales increased by 7.8 percent.

Australia

VGCCC CEO Annette Kimmitt to retire in March, praises change made during tenure

Kelsey Wilhelm - December 2, 2024 0

The CEO of the Victorian Gambling and Casino Control Commission (VGCCC) is going to be retiring despite two years left in her term.

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Vietnam needs to address gaming legal framework gaps: Researchers

1 day ago

Vietnam’s casino industry has grown steadily since the 2017 decree that provided a legal framework for its operations, but while the sector has contributed significantly to the national economy, experts argue that gaps in the legal framework could hinder long-term growth and effective management.