Thursday, November 26, 2020
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Hong Kong racing

Betfair told to cease HK operations

Betfair Australia has been ordered to stop offering bets on Hong Kong racing in a cease and desist order from the Hong Kong Jockey Club. 

Singapore betting tax flat in 2017/2018

Singapore raked in $2.7 billion ($1.99 billion) in betting taxes in the 2017/2018 financial year, unchanged from the year earlier.

Russia regulator targets Yandex for betting ads

Russia’s Federal Antimonopoly Service is taking action against web-search company Yandex for distributing gambling ads by Fonbet during the FIFA World Cup, local media reports.
Pokerstars

Stars Group Q2 revenue gains 34.8 percent, helped by Australia

Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.

Thai gambling arrests soar during World Cup

Police in Thailand arrested three times as many gambling suspects during the FIFA World Cup this year than they did during the prior tournament in 2014, The Nation reports.

Police bust Vietnam betting ring worth $26m

Police in Vietnam have smashed on online betting ring thought to have been worth about $26 million, arresting four people, local media reports.

AGTech wins Henan lottery contract

AGTech Holdings has won another contract to supply lottery terminals in China, this time to the Sports Lottery Administration Center in Henan.

MGM Resorts appoints Scott Butera to head interactive

MGM Resorts said it has appointed Scott Butera as president of interactive gaming as the company seeks to take advantage of the potential from...

Hainan horse racing seen facing multiple challenges

The Chinese government's April announcement that Hainan will “open up” as a economic hub and that horse racing, plus new forms of sports lotteries, could be part of the island's future was met with equal parts optimism and caution from within the sport of kings itself.

AGTech Holdings’s new model wins sports lottery tenders

AGTech Holdings said its wholly-owned subsidiary, Beijing AGTech GOT Technology Co has won three lottery hardware tenders with its new lottery terminal to supply the China Sports Lottery in the Guizhou, Shanghai and Hebei.
Solid Gaming

Knowledge trumps content in Asia’s complex i-gaming world

In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge. 

Instant and secure deposits

AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...

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Ho Iat Seng

Coronavirus live updates: No HK/Macau travel bubble until fourteen days of no new cases

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
Ho Iat Seng

Macau gaming law revision not likely until late 2021

Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry. 
Suppliers get igaming boost

Suppliers get igaming boost

Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
Resorts World Genting

Outlook brightens from H2, Fitch says

Jurisdictions benefiting from local support will continue to outperform in the first half of next year, with destination markets such as Singapore, Macau and Las Vegas, likely to begin a faster pace of recovery in the second half once vaccines become more widely available, Fitch Ratings said.

Ainsworth stock tumbles on projected H1 loss

Shares in Ainsworth Game Technology fell 8.5 percent in Australian trading on Thursday after the company told investors that it expected to post a loss of about $15 million in the first half of the fiscal year, due to continuing difficult trading conditions.

Sands China’s The Londoner may open in February

Sands China President Wilfred Wong said the operator has been given a possible opening day in early February for the Londoner, formerly known as Sands Cotai Central. Wong didn't give a specific date.