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Australia’s wagering industry at a crossroads amid new regulations
Australia’s wagering industry, a significant contributor to the country's economy and a pillar of the racing and sports sectors, faces unprecedented challenges as new regulatory measures loom, according to Responsible Wagering Australia (RWA) CEO Kai Cantwell.
Waterfront Manila Phase one reconstruction pushed to 4Q24
The timeline for completing phase one of the reconstruction of Waterfront Manila Hotel & Casino in the Philippines has been postponed to the fourth quarter of 2024.
Philippines received 2.8M international visitors in 1H24, up 13.7% YoY
According to recent data released by the Department of Tourism (DOT), the Philippines welcomed over 2.8 million international tourists in the first half of 2024, marking a 13.7 percent increase compared to the same period last year.
Chinese police crackdown on illegal Euro 2024 gambling operations
As football fans around the world revel in the excitement of the UEFA European Championship (Euro 2024), Chinese authorities have been busy disrupting a wave of illicit online gambling activities related to the tournament.
AGEM Index increases 7.7 percent in May
The AGEM Index increased by 94.57 points to 1,330.19 in June 2024, a 7.7 percent increase from the prior month.
Smart gaming tables increase workload, complain Macau casino supervisors
The implementation of smart gaming tables in Macau seems to have encountered some issues. Nearly 1,000 gaming table supervisors in Macau casinos have expressed dissatisfaction with their increasing workload, which smart tables have failed to alleviate.
Appeal by Suncity Group’s Alvin Chau rejected, upholding 18-year jail term
Macau’s Court of Final Appeal has upheld the prison sentences related to the Suncity Group case.
Police to offer protection to crime prevention officials threatened after illegal POGOs crackdown
The Philippine National Police (PNP) said they will provide security assistance to personnel and officials of the Presidential Anti-Organized Crime Commission (PAOCC) who have received threats to their lives.
US tax authority claims Northern Marianas gaming regulator owes $5.8M in unpaid taxes
The US Internal Revenue Service has filed a federal tax lien against the Commonwealth Casino Commission (CCC) for over $5.8 million in unpaid taxes dating back to 2022.
Paradise Co. projects steady business growth in coming years with new offerings
South Korea’s leading foreigner-only casino operator, Paradise Co., projects steady business growth in the coming years, forecasting that the firm’s sales volume will reach $952 million by 2026.
PAGCOR’s shift to being just a regulator: official
The Philippines’ gaming regulator PAGCOR is aiming to establish itself as purely a regulator, shifting out of the operating role after the sale of its Casino Filipino assets, expected in early 2026.