THE PHILIPPINES: EMERGING AS ASIA’S HUB FOR IGAMING AND BLOCKCHAIN
The South East Asian archipelago, the Philippines is emerging to be the region’s hub for iGaming, blockchain and AI by leading the establishment of regulatory framework and providing massive opportunities in the country for these industries to thrive in. Due…
SURVEY FINDS YOKOHAMA IR OPPOSED BY CITIZENS
A survey of Yokohama citizens about the prospect of an IR bid, conducted by Kanagawa Shimbun and JX PRESS, has shown that 63.85% oppose the bid. The most common reason for the public’s opposition was that, “A casino does not…
MACAU GAMING REVENUE PREDICTED TO CONTINUE DROP THROUGH 2019 END
Macau is suffering from a gaming drought that has resulted in 2019 being slightly weaker than expected. There isn’t much cause for alarm, given that the city’s casinos are still contributing significantly to Macau’s wallet, and a slump every now and…
NEW CHIEF EXECUTIVE VOWS TO PROTECT MACAU’S GAMING AND TOURISM INDUSTRY FROM HARM
Macau’s Chief Executive-elect, Ho Iat Seng, has promised to protect the future of Macau’s gaming and tourism industries while addressing historical issues related to the SAR’s concession and sub-concession arrangement. Speaking at a media conference in Beijing on Thursday, one…
MACAU TAX REVENUE GROWS 1.5 PCT
During the first eight months of 2019, Macau tax revenue from the gaming industry grew 1.5% to €8.5 billion, the government revealed. Macau.- Gaming remains the top contributor for Macanese economy. That’s why it’s no surprise that Macau tax revenue…
INDIAN LOTTERY INDUSTRY BEGS GOVERNMENT TO REDUCE TAX
The current tax structure imposed by the government of India appears to be crippling the lottery industry. This according to a distributor of these lotteries, the Sugal and Damani Group. Lottery distributors have been reaching out to the government in hopes of…
PHILIPPINES REJECTS CHINA’S CALL TO BAN ONLINE GAMBLING
Philippines President Rodrigo Duterte has rejected China’s calls to ban online gambling operations. Addressing the Philippines in a televised press conference on Wednesday, Duterte revealed that he had opted not to vow to pressure from Beijing following a meeting with…
INSIDE ASIAN GAMING NAMED LEAD MEDIA PARTNER FOR INAUGURAL G2E ASIA @ THE PHILIPPINES
Manila, 2 September 2019 – G2E Asia @ the Philippines has named Inside Asian Gaming (IAG), Asia’s leading B2B gaming industry media brand, as Lead Media Partner at the inaugural event to be held at the Marriott Manila on 3 and 4 December 2019….
MACAU GGR TUMBLES 8.6% IN AUGUST
Macau’s gross gaming revenue fell 8.6% year-on-year in August to MOP$24.26 billion – the second lowest amount for the year after June’s MOP$23.81 billion. The decline, which saw GGR miss estimates by some margin, comes in the wake of numerous…
THAILAND WARNS 3.3M RESIDENTS OF ONLINE GAMBLING DATA BREACH
Thailand’s online gamblers are being warned that their personal data may have been breached after transacting with internationally licensed gambling operators. On Wednesday, the state-run Thailand Computer Security Coordination Center (ThaiCERT) issued a warningthat around 3.3m Thai citizens’ personal information had…