The US Department of State reported there are loopholes in Asia casino regulations. As a result, there’s an increase in money laundering risks in the region. Some countries with weak ALM systems include Macau, Philippines, Vietnam, and Malaysia. Money launderers use offshore centers, gaming companies, and free-trade zones to do their illegal activities. These facilities […]
Mongolian government workers are not allowed to step inside any gambling venue at home or overseas. In addition, they can’t stay in any gambling establishments. This is according to the head of the Mongolian cabinet secretariat Luvsannamsrai Oyun-Erdene. Oyun-Erdene told gambling news reporters that some high-ranking officials of state-owned firms played in casinos overseas. Civil […]
The Philippine gambling market is growing at a fast rate. However, there is a limited number of gaming software distributors in the country. The good news is a gaming software dev announced its entry into the market. Play’n GO, a gaming software dev from Malta, got the approval from the Philippine Amusement and Gaming Corp. […]
The ASEAN casino industry is on the rise in recent years. You can see new casinos opening every year. At present, there are two casino resorts planned in the Philippines and three in Vietnam. In addition, existing casinos continue to enjoy an upward trend in their earnings. For years, Macau is the gambling hub in […]
A venture including the company of the chairman of the Turkish Football Federation made a bid to operate the only legal sports betting firm in Turkey. In fact, the Sans Girisim venture of Scientific Games and Demiroren made the best bid to take 0.2 percent of revenues. It will give them a sports betting monopoly […]
Hong Kong-based gaming services company Amax International let go of its stakes in Greek Mythology Casino Macau. The casino used to operate in the Beijing Imperial Palace Hotel. In December 2015, the Macau gaming regulator ordered the closure of Greek Mythology Casino due to some irregularities. Eventually, the hotel shut down the following year after […]
Leander Games signed a partnership deal with Hong Kong-based D-Tech. As a result of the deal, the latter will develop new Asian theme games. In fact, the independent game studio recently released the Year of the Dog. The deal will allow D-Tech to continue developing games. In addition, it will use Leander’s platform as a […]
Lawmakers want the upcoming Japan casino resorts to have a floor area of at least one million square feet. This is one of the provisions of the Integrated Resorts Development and Promotional Ordinance lawmakers issued this week. According to the ordinance, the total floor area of all guest rooms in the IR should be more […]
A recent survey showed 3 potential casino hosts in Japan. However, other cities and prefectures are cautious about hosting casino resorts. In fact, public safety is their top concern regarding casinos. Kyodo News conducted the survey in November and December. In addition, it asked local governments of all major cities and prefectures qualified to host casinos. […]
Brokerage company Sanford C. Bernstein upgraded its ratings of two Macau casino firms. Analysts from Bernstein re-evaluated Sands China and Galaxy Entertainment Group. Also, they considered the capacity expansion for both casinos in 2020. Bernstein analysts expected Macau’s gross gambling revenue to drop from 14 percent in 2018 to 3 percent in 2019. However, they […]
