04/26/22 Vietnam’s Hoiana casino resort posts US$248.1m loss up to January Suncity Group has reported that its share of the losses was US$55.8m.
04/25/22 Macau GGR up 11% between April 19 and 24 Macau’s GGR was up 11 per cent week-on-week to MOP83m (US$10.3m).
04/25/22 Indian police bust illegal cricket betting gang Police in Visakhapatnam have arrested two people who were raising bets on cricket matches.
04/25/22 PAGCOR renews agreements to promote responsible gaming The regulator has announced that it has signed new memorandums of agreement with two of its rehabilitation partners to continue raising awareness about its responsible gaming programme.
04/25/22 The Philippines: 58 arrested for illegal gambling Police in Central Luzon have carried out a raid that ended with 58 people arrested for involvement in illegal gambling.
04/25/22 Analysts at JP Morgan raise concerns about SJM Holdings’ liquidity According to analysts, SJM Holdings has only about six months of liquidity runway.
04/25/22 Macau occupancy rate could reach 60% during Labour Day break Macau hopes the upcoming holiday period could help boost the tourism and gaming sectors after a weak month.
04/25/22 Wynn to record US$7.9m as provision on Dore court judgement Wynn Macau has confirmed in its annual report that the group has set aside approximately HK$9.3m for plaintiffs in the lawsuit.
04/25/22 Entertainment company linked to Suncity proposes name change to Yeah Yeah Group Sun Entertainment Group Limited aims to “improve its corporate image,” distancing itself from Suncity’s junket operations.
04/22/22 Meghalaya gambling law will not allow locals to gamble Meghalaya law and taxation minister James P.K. Sangma has clarified that the state’s legalisation of gambling applies only be for tourists and not residents.
04/22/22 Macau visitor arrivals down 19.6% in March Macau registered 526,912 visitor arrivals in March, down 19.6 per cent month-on-month and down 30.2 per cent when compared to 2021.
04/22/22 News Corp Australia enters online sports betting arena with NTD News Corp’s NTD has backing from the CEOs of Tekkorp Capital and BetEasy CEO Matthew Tripp.
04/22/22 Indian police arrest man over roulette app A man has been arrested in the state of Maharashtra after police received a complaint about a suspicious gaming application.
04/22/22 Macau casinos may have to cover US$6.37bn in junket debts Macau casino operators could have to cover HKD50m (US$6.37bn) of a total HKD100bn of unsatisfied liabilities and uncollected debts left after Suncity Group and Tak Chun were shut down.
