Thursday, June 13, 2024



Credit cards, crypto banned for online gambling in Australia 

In a move to address financial risk and promote responsible gambling, the Australian government has enforced a prohibition on using credit cards and digital currencies for online betting.

Indonesian Minister highlights link between online gambling and money laundering

An Indonesian Minister has has flagged money laundering activities associated with online gambling, identified by the country's Financial Transaction Reports and Analysis Center (PPATK).

Euro 2024 sees 125% surge in Asian bookings:

Sports tourism is soaring from the Asian market for the UEFA Euro 2024, with a corresponding surge in sports betting activity.

New Silkroad sells majority stake in Jeju’s MegaLuck casino to offset losses

New Silkroad Culturaltainment Limited has agreed to sell its stake in the Megaluck casino on Jeju Island, South Korea for about $3.6 million, in order to mitigate its losses.

Jumbo Technology explains its new products at G2E Asia 2024

Jumbo Technology brought out an impressive array of new offerings at G2E Asia 2024, in Macau, including its Bao Ni Fa Grand and Color Game products. The debut also showcases shifting an online product to the land-based sphere. Take a look!

SkyCity: independent review into Adelaide casino license suitability recommences

SkyCity Entertainment has informed that, now that Australian courts have approved the penalty set out by Australia’s financial watchdog regarding its Adelaide casino, the independent review into its casino license suitability can resume.

Macau 2024 GGR forecast hits $30B amid higher visitation assumptions: CLSA

Due to higher visitation and GGR/visitor assumptions, brokerage firm CLSA has revised its forecast for Macau's 2024 gross gaming revenue upward, projecting it to reach $29.8 billion this year.

Mohegan appoints Nelson Parker as new Chief Strategy Officer

Mohegan, the US-based gaming operator, has announced the promotion of Nelson Parker to the position of Chief Strategy Officer.

Embattled Imperial Pacific to delist from HKEX on June 17th

Saipan casino operator Imperial Pacific International will have its listing on the Hong Kong Stock Exchange officially canceled on June 17th at 9am.

Genting Malaysia issues $84.7M notes for redevelopment of its resorts

Genting Malaysia Bhd's wholly-owned subsidiary has recently issued medium-term notes (MTN) worth some $84.7 million to finance development and redevelopment of its properties.