09/16/21 Tigre de Cristal growth depends on border policies, Summit says Summit Ascent Holdings has said that premium mass and VIP business growth depends heavily on border policies and the arrival of tourists.
09/16/21 James Patrick Bondoc appointed to PAGCOR board PAGCOR has announced that James Patrick Bondoc will join its board of directors to replace the late Director Reynaldo E. Concordia.
09/16/21 Macau: woman arrested for US$12m junket theft Police in Macau have arrested a woman that worked at a VIP casino venue for the heft of nearly MOP95.5m (US$11.9m) in deposits from over 70 clients.
09/16/21 Macau announces return of “Stay, Dine and See” initiative The Macao Government Tourism Office (MGTO) has announced that the “Stay, Dine and See Macau” will resume from September 18.
09/16/21 Paradise Co credit rating downgraded Paradise Co’s credit rating has been downgraded due to a slow recovery amid the Covid-19 pandemic.
09/16/21 Wakayama and Clairvest to present IR development plan by November The Wakayama Prefectural Government and its partner Clairvest Neem Ventures’ consortium have announced a timetable for a draft IR development plan.
09/15/21 Macau gaming stocks plummet after proposed new gaming laws Macau casino operators stocks have fallen heavily after the government suggested changes to the current city’s gaming laws amid a public consultation.
09/15/21 Macau casinos must add flashing clocks to slots by 2024 Authorities have announced that all Macau casinos must add flashing clocks to slot machines.
09/15/21 Philippines: 11 arrested for illegal online e-sabong betting Policehave arrested 11 people over illegal e-sabong operations in Bamban town. People were also breaching Covid-19 lockdown rules.
09/15/21 Australia: ACMA raps Foxtel for breaching ad rules ACMA has found that Foxtel breached broadcasting rules after airing a betting service ad during the live broadcast of an AFL match.
09/15/21 CCC warns it will close by end of April 2022 A day after asking the government for a US$1m, the Commonwealth Casino Commission warns it will have to cease operations by April 2022 if it doesn’t get funds.
09/15/21 Macau likely to end sub-concessions system for casino operators Under the revision of the city’s gaming law, Macau wants to end the current sub-concession system and increase oversight of gaming concessionaires and junket operations.
09/15/21 China fines 10 people for cross border gambling activities China’s foreign exchange regulator has revealed that 10 people have been fined for currency trades related to cross border gambling activities totalling US$6.6m.
09/15/21 Yokohama’s IR withdrawal could negatively impact Genting Singapore Morgan Stanley Asia thinks Genting Singapore could have been negatively impacted by Yokohama’s decision not to move ahead with the development of an integrated resort.
