VIETNAM LEADERS WANT TO LIGHTEN UP ON CASINO INVESTMENT CONTROLS
It may be time for Vietnam to loosen up its policies on foreign casino investments. This is the viewpoint of the country’s Ministry of Finance (MoF), which wants the government to change the requirements in order to allow greater amounts…
US-CHINA TRADE WAR NOT IMPACTING MACAU AS MUCH AS THOUGHT
Macau’s gaming industry isn’t as strong this year as was previously expected and thetrade war between the US and China has often been cited as one of the reasons why. However, at least one firm that follows the industry believes that…
DUTERTE OK WITH POLICE RUNNING LOTTERIES, JUST PAY THE GOVERNMENT
After closing down the Philippine Charity Sweepstake Office (PCSO) and small-town lotteries (STL) for corruption, including allegations against retired generals, President Rodrigo Duterte is now striking a very strange tone. The Philippines leader has now given his approval for police toparticipate…
DICJ RELEASES MORE INFORMATION ABOUT ARTIFICIAL INTELLIGENCE
The Macau gambling regulator has released more information about the use of surveillance and artificial intelligence at local casinos. Macau.- The Gaming Inspection and Coordination Bureau (DICJ) moved forward with a restriction on the use of artificial intelligence tools at local casinos…
MACAU SEES SUSPICIOUS CASINO TRANSACTIONS FALL 14.4% IN FIRST HALF OF 2019
The number of Suspicious Transaction Reports (STRs) issued by Macau’s casino operators fell 14.4% year-on-year in the first six months of 2019, according to statistics from the Financial Intelligence Office. The total number of STRs from casinos was 966, down…
SUNCITY TO APPLY MACAU LAW TO OPERATIONS IN ALL JURISDICTIONS: ALVIN CHAU
Suncity Group CEO Alvin Chau has issued a pledge not to conduct any gaming operations currently outlawed in Macau in any other countries and regions, even if those operations are legally allowed within those jurisdictions. The declaration follows allegations published…
NON-COMPLIANT CHINESE POGO WORKERS TO BE DEPORTED UNDER NEW PHILIPPINES INTER-AGENCY AGREEMENT
Chinese workers employed by Philippine Offshore Gaming Operators (POGO) without proper work permits or who violate tax laws would face deportation under a new inter-agency agreement to be signed in the coming days. The Joint Memorandum Circular (JMC) would apply to…
LOTTERY SALES DOWN IN MAINLAND CHINA
The number of official lottery products sales in China was 12.7% down year-on-year in May to €4.5 billion. China.- The lottery in Mainland China experienced a setback in May, as according to official data from China’s Ministry of Finance, the…
INDIA GST COUNCIL WANTS AG TO WEIGH IN ON DUAL TAX FOR LOTTERIES
Last Friday, India’s Goods and Services Tax (GST) Council got together for its 25th reunion. Once again, as has been seen in previous meetings, the group was still not able to come together and agree on how lotteries in the…
AT LEAST 24 DEAD AFTER CAMBODIAN RESORT UNDER CONSTRUCTION COLLAPSES
The Cambodian town of Sihanoukville has quickly become a casino haven, with new venues popping up virtually on a daily basis as operators try to grab a piece of the gambling pie. The rush to see new gambling houses and their supporting infrastructure has…