Tag: Insights

China is showing no sign of letting up its campaign against overseas gambling, announcing it’s expanding its blacklist of countries that target Mainland Chinese for gambling purposes.

The difficulty in locking down what is allowed or prohibited in India is largely centered around each state government's definition of what is gambling and what is a game of skill. Poker is one such game constantly finding itself on either side of the fence, depending on the jurisdiction.

Confirming the major shift in the US market of traditional land-based operators moving big into the online market, the latest news is that Caesars Entertainment has made a strategic investment in the daily fantasy sports platform SuperDraft.

The Philippines says it’s now confident that it will avoid being placed on the Financial Action Task Force (FATF) gray list after the House of Representatives approved amendments to its anti money laundering bill.

The consensus view is there is still pent up demand for travel amongst Mainland Chinese and disposable income to do so, however, there are subtle changes in travel preferences that Asia’s operators would do well to take note of.

India’s online skill gaming industry has collectively recommended a policy think tank of the Indian national government, NITI Aayog, to establish a new institution to standardize regulations governing the industry.

The introduction of a digital renminbi into Macau would potentially have a positive impact on the gaming industry, easing cash flow for mass and premium mass players, but the “devil would be in the details,” says Bernstein Research.

Peter Johns, chief commercial officer of IDX Games and a long-time Asia gaming executive, talks with Asia Gaming Brief Managing Editor Sharon Singleton about how new technologies are shaping the future of gaming and how more convergence with the online world is needed.

Online casinos and illegal bookmakers are feeling the squeeze after the Russian central bank has made it very difficult for punters to get paid.

Bank of America/Merrill Lynch has added its voice to other recent commentary pointing to significant upside for Summit Ascent due to optimism over its projects in Russia and the Philippines.