Thursday, February 22, 2024
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Rich Goldman expecting $2.3 million in losses during 2H23

Junket investor Rich Goldman Holdings Limited is expecting to report approximately HK$18 million ($2.3 million) in losses for the second half of 2023.

Delta Corp parent company acquired for $9.6 mln

Listed gaming and hospitality company Delta Corp Limited has unveiled a plan to divest its holding in its wholly-owned subsidiary Caravella Entertainment Private Limited, which holds an 89.28 percent stake in Deltin Nepal Private Limited.

DigiPlus selected for inclusion in FTSE Global Equity Index

DigiPlus Interactive Corp, a Philippine retail gaming provider, has been included in the Financial Times Stock Exchange (FTSE) Global Equity Index Series Asia Pacific Ex Japan, China, in the Micro Cap Category, as announced in its March 2024 semi-annual review.

Ponte 16’s revamp to cost over $12.8 million 

Ponte 16’s operator, Success Universe Group, reveals that it has allocated HK$100 million ($12.8 million) for revamping its hotel facilities.

Cambodia implements new directive for combating illegal gambling

The Cambodian gaming regulator has recently released a fresh directive concerning illicit gambling activities.

Japanese police arrest operators of online mahjong site

Prefectural Police in Kyoto, Japan, on Monday arrested seven individuals, including one U.S. citizen, suspected of involvement in an illegal mahjong betting website.

Over 18,000 Australians use BetStop tool in first six months

More than 18,000 mostly younger players have made use of the Australian government’s gambling exclusion register, BetStop, in the first six months of its operation.

ASEAN consumer activity to ease amidst economic challenges – S&P

In a recent report titled "ASEAN's Consumer Activity Is Losing Steam," S&P Global Ratings forecasts a gradual slowdown in consumer activity across the ASEAN region in 2024.

Indian Gov’t “bullish” about online gaming – Minister

The Indian government is optimistic about the online gaming sector, with the Prime Minister himself strongly believing that it plays a vital role in the digital economy and warrants encouragement and support, as stated by the country's IT Minister.

Multiple factors delay IPI revocation hearing again

The hearing to determine whether to revoke Imperial Pacific International (CNMI) LLC’s exclusive casino license, originally scheduled for Tuesday, has been postponed again.