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Cyprus was the best choice to offer an Asia-inspired large-scale premium IR experience in Europe: Melco President

Location, government support, and a complete surrounding touristic environment made Cyprus the right choice for establishing Melco's first European integrated resort, Board Director and President of Melco Resorts & Entertainment Limited, Evan Winkler, said today (Friday).

IGSA launches Cyber Resiliency Committee, supported by Aristocrat and Light & Wonder

The International Gaming Standards Association (IGSA) has announced the creation of a ‘Cyber Resiliency Committee (CRC)’ supported by gaming machine manufacturers Aristocrat and Light & Wonder ‘to create standards for cyber risk management, cybersecurity governance and framework control standards for casino operators and their ecosystem’.

Singapore money laundering case swells to $1.76 billion

The Singaporean money laundering case continues to grow, with assets seized now rising to SG$2.4 billion ($1.76 billion), comprising cash, crypto, gold, properties and vehicles.

The US and the Philippines join forces against cryptocurrency fraud

The Philippines’ Securities and Exchange Commission (SEC) has joined forces with the US SEC and the Asian Development Bank in order to combat crypto fraud.

LET Group to sell assets at a loss

Hong Kong-listed LET Group Holdings Ltd has disclosed that its indirect wholly-owned subsidiary entered into the sale and purchase agreement to sell 100 percent equity interest   of Target Company at RMB20 million ($2.8 million)

Melco Resorts to build cultural market and Riverview cafe in Inner Harbour area 

Melco Resorts & Entertainment Limited has revealed its support for the government's revitalization plan for Piers 23 and 25 in the Inner Port and Mount Fortress areas.

Philippines reached 80 percent of 2023 foreign tourist target

The Philippines has already received about 80 percent of its intended target of foreign tourists, Tourism Secretary Christina Frasco said at the opening of the 2023 Philippine Travel Exchange (PHITEX) in Cebu

Genting Malaysia outlook ‘stable’: Fitch Ratings

Fitch Ratings has considered the outlook of Malaysian tourism and gaming group Genting Malaysia Berhad's (GENM) as 'stable' in a recent dispatch.

Call for closure of POGOs within three months

The Philippine Committee on Ways and Means is calling for three-month phaseout of Philippine Offshore Gaming Operators (POGOs), while calling for the payment of unpaid taxes and deportation of foreign POGO workers.

MGM Resorts returns to normal after cyberattack

Some 10 days after a cyberattack led to the shutdown of major reservation and credit card systems at MGM Resorts’ properties in the United States, the company says that the situation has largely returned to normal; as services for its resort, F&B, entertainment and other amenities are now operational again.
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Esports: what are you missing out on, and how can you catch up?

Esports is earning its place in the sports betting world, as punters from an increasingly younger demographic choose to bet on something they see themselves playing. But onboarding these customers requires the correct terminology, understanding and outreach – with traditional marketing tactics flying out the window. Shikenso Analytics’ Benedikt Becker tells AGB exactly how corporations should be tapping into the multi-billion-dollar market.

CORPORATE SPOTLIGHT

CORPORATE SPOTLIGHT