Tuesday, January 14, 2025
TAGVPN

RELATED ARTICLES

LATEST NEWS

Federal court greenlights bidding procedure for auction of IPI’s assets, minimum bid set at $10M

The federal court handling the bankruptcy case of Imperial Pacific International (IPI) has approved the bidding procedure for the sale of the casino’s assets, confirming the minimum bid requirement for all IPI assets at $10 million in cash.

Thai gov’t could move into online gaming legalization following IR bill approval: Analyst

In a landmark decision, Thailand's cabinet has approved a draft law aimed at legalizing gambling and casinos, a move that could be followed by legislation centered on online gaming, an analyst told AGB.

Singapore’s Gambling Regulatory Authority orders block of Polymarket access

Singapore’s gaming watchdog has instructed local internet service providers to block access to the crypto prediction market platform Polymarket.

Singapore’s Marina Bay Sands expansion budget climbs to $9B

The cost of Marina Bay Sands’ (MBS) expansion project, MBS IR2, has risen to $9 billion, reflecting a $1 billion increase due to recent adjustments.

Macau premium mass players continue to grow in January: Citigroup

Macau's premium mass gaming segment showed continued growth in January 2025, however the upcoming Chinese New Year period could cause a slowdown in the month.

Clark aims to attract more Taiwanese partners for freeport zone

Clark authorities are aiming to attract more foreign investors from Taiwan, in a bid to draw in more freeport operators and encourage internal collaboration.

Macau-based investor now holds over 5.5% voting rights in The Star

Australia’s The Star Entertainment Group has announced that a Macau-based investor has increased their stake in the company so that they now hold 5.52 percent of voting rights.

Thailand’s draft casino bill approved by Cabinet

Thailand's cabinet has approved the draft law for the Entertainment Complex Business Act, paving the way for the nation's first casino, if it can surpass the next regulatory hurdles.

Push to increase inspections, investigate banks over POGOs

Philippine Senator Sherwin Gatchalian has promised to further investigations into banks and financial institutions’ involvement in the movement of illegal activities by Philippine Offshore Gaming Operators (POGOs).

Queensland pubs and clubs GGR rise 9% Y-o-Y in December

Queensland’s gaming industry has reported encouraging results for December, with state-wide club and pub Electronic Gaming Machine (EGM) total gross revenue rising by 9.0 percent compared to December of the previous year and saw a 2.2 percent uptick from the prior month. 

UPCOMING INDUSTRY EVENTS

UPCOMING INDUSTRY EVENTS