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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.

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Universal entertainment

Universal Entertainment issues $143 million in additional notes

Japan-listed Universal Entertainment is planning to raise US$143 million in privately placed additional notes due 2024.

Melco’s Lawrence Ho to launch $150m SPAC on NYSE

Melco Resorts & Entertainment Chairman Lawrence Ho is planning to launch a $150 million special purpose acquisition company (SPAC) on the New York Stock Exchange (NYSE).
Online gambling offices

POGO tax bill set to be adopted, places 5% rate on GGR

The House of Representatives in the Philippines is reportedly going to adopt the new bill clarifying the tax liabilities of Philippines Offshore Gaming Operators, or POGOs.

Macau concerned after new cases linked to Nanjing outbreak

Authorities in Macau are beginning to re-evaluate border control measures after numerous cases linked to the Nanjing outbreak

Wynn Macau says over 50 percent of staff vaccinated

Wynn Macau says that nearly 4,000 team members and their families have registered for vaccination. Currently, over 50 percent of Wynn team members have been vaccinated.