10/13/21 New Singapore gambling regulator delayed Tan Tee How, Casino Regulatory Authority chairman, said the creation of a new gambling regulator, the Gambling Regulatory Authority (GRA), has been delayed due to the Covid-19 pandemic.
10/13/21 Kangwon Land’s main shareholder transfers stake The Mine Reclamation Corp, one of Kangwon Land’s main shareholders. has announced it has transferred its entire 36.27 per cent stake to an entity called the Korea Mine Rehabilitation and Mineral Resources Corp.
10/13/21 Macau’s gaming market may not recover until 2025, analysts say Analysts at Sanford C. Bernstein predict Macau’s gaming market will return to pre-pandemic levels by 2025.
10/13/21 Malaysia close to allowing foreign tourists arrivals soon Analysts at banking group Nomura predict that Malaysia is close to reopening its borders to selected foreign tourists soon as the vaccination rate continues to rise.
10/13/21 Star Entertainment answers money laundering allegations The Star Entertainment Group has issued a response denying media allegations that it failed to do enough to prevent money laundering and fraud at its resorts.
10/12/21 Nagasaki asks Casinos Austria for details on IR plan The Nagasaki Prefectural Government has asked Casinos Austria International Japan Inc to present a point-by-point plan of the consortium’s structure and how it will raise funds before the end of October.
10/12/21 Macau GGR for October likely to be down 80%, analysts say Due to new Covid-19 cases in Macau, analysts expect revenue will be down 80 per cent when compared to pre-pandemic levels.
10/12/21 Star Sydney casino reopens after three-month closure The Star Entertainment Group has announced the reopening of its venue in Sydney. Star Queensland restrictions have also been eased.
10/12/21 Tasmanian parliament to discuss new gambling bill this week The bill proposes individual operating licences for electronic gaming machines hosted in brick-and-mortar venues and new tax rates on gaming revenue.
10/12/21 Philippines: AMLC revoked two POGOs registrations Two POGOs failed to cooperate with the Anti-Money Laundering Council (AMLC) in the conduct of its compliance checking.
10/12/21 Casino Oceanus to reopen after a snap four-day closure SJM Holdings has reported that Casino Oceanus has reopened its doors after a snap four-day closure due to local Covid-19 cases.
10/12/21 Delta Corp posts US$5.5m in gross income for Q3 The Indian gaming company reported a rise in gross income during the third quarter of the year.
10/12/21 RWS was fined US$55,448 after failing to implement internal controls Resorts World Sentosa has been fined by Singapore’s Casino Regulatory Authority (CRA) after the casino operator failed to implement a system of internal controls approved by the regulator.
10/07/21 Lawyers contest controls over Macau casino dividend distribution A group of lawyers says the proposal for casinos to require government endorsement before distributing profits is unjustifiable. They propose an alternative solution.
10/07/21 Macau classified as medium-to-high risk area by Zhuhai Amid a rise in Covid-19 cases in Macau, the district zone of Zhuhai in the neighbouring province of Guangdong has labelled the city as a medium-to-high risk area for Covid-19.
