11/12/21 Money-laundering risk has increased in Cambodian casinos, the U.S. says Authorities in the US say the surge in Cambodian casino licences has increased the risk of money laundering and other financial crimes in the country.
11/12/21 Galaxy chairman welcomes proposed changes to Macau gaming laws Dr Lui Che Woo, Galaxy Entertainment Group’s chairman, said the revision would help secure the long-term viability of the sector.
11/12/21 Universal Entertainment posts net loss of JPY17.4bn for Q3 Universal Entertainment Corp. has reported a net loss of JPY17.4bn (US$152.2m) for the third quarter of the year.
11/12/21 Macau casino operators property EBITDA down 97% for Q3 Deutsche Bank has revealed property EBITDA was down 97 per cent when compared to pre-pandemic levels.
11/12/21 Malaysia to reopen borders from January 1 Authorities have announced Malaysia will reopen its borders to foreign visitors no later than January 1, 2022.
11/12/21 Crown Perth: Money was more important than rules, inquiry hears Crown Perth employees have told the WA Royal Commission they felt unable to talk about bad behaviour while some felt money was more important than rules for the company.
11/11/21 Marina Bay Sands aims to attract Australian tourists Marina Bay Sands has launched two package deals to attract Australian tourists after authorities announced a travel bubble with the former country.
11/11/21 India: 10 arrested for illegal gambling Police in Rajkot have arrested 10 people during a raid at a hotel where an illegal casino was running.
11/11/21 Genting will remain affected by China’s zero-Covid policy Analysts at Nomura Research predict China’s zero-Covid policy may continue to affect Genting Singapore’s revenue in 2022.
11/11/21 AGTech revenue up 36.6% between January and September 2021 AGTech Holdings has reported a 36.6 per cent growth in revenue between January and September 2021 amid a rebound in the Chinese lottery market.
11/11/21 Philippines: 9 arrested for illegal cockfight betting Police have arrested nine people over illegal cockfighting operations in Barangay Santo Rosario, Ajuy, Iloilo.
11/11/21 Moody’s downgrades Melco outlook Analysts at Moody’s Investors Service have assigned Melco Resorts a lower rating due to a slow recovery in earnings.
11/11/21 APE implements diversification strategy Asia Pioneer Entertainment Holdings (APE) has diversified into smart vending machine operations in Macau due to the impact of the Covid-19 pandemic.
11/11/21 Galaxy Entertainment revenue down 23% for Q3 Galaxy Entertainment has shared its financial results for the third quarter of the year, reporting a decrease in net revenues to HK$4.3bn (US$551.9m).
11/10/21 Sports betting operators accused of breaching NSW gambling laws Marcel Savary, the compliance director of the New South Wales regulator, has revealed that since the beginning of the year 14 sports betting operators have been fined for illegally advertising their services.
