07/08/22 Sri Lanka to issue casino licences to boost tax collection The Cabinet of Ministers of Sri Lanka has approved the issuance of casino licences to existing gaming operators.
06/16/22 Resorts World Cruises debuts in Singapore Former Genting Group chairman Lim Kok Thay has launched his new cruise line’s first services.
05/20/22 Fitch Ratings upgrades Universal Entertainment Fitch expects the company to steadily improve cash flow generation as operations at its Manila integrated resort continue to stabilise.
05/18/22 PH Resorts net losses widen in Q1 The company’s loss in the period widened to PHP109.1m (US$2m).
05/18/22 Genting Group chairman launches new cruise line from Singapore Lim Kok Thay’s Resorts World Cruises is to launch services from Singapore on June 15.
05/17/22 Universal Entertainment report shows positive net income for Q1 Universal Entertainment Corp has posted net income of JPY10.9bn (US$84.m) for the quarter ending March 31.
04/11/22 India: 9 arrested for illegal gambling The people were arrested in a raid on an alleged illegal gambling den located in Bahu Fort, Jammu.
04/06/22 Police in India bust another cricket betting racket Police in Rachakonda carried out a raid in Satya Nagar colony closing down an online cricket betting operation.
04/04/22 Nepal: authorities close three casinos for failing to pay royalty fees The Nepalese government has cancelled three casino operators’ licences for failure to pay US$7.4m in outstanding fees.
03/23/22 India’s online gaming spend increased by 26% in 2021 According to a report from the Federation of Indian Chambers of Commerce & Industry and Ernst & Young, revenue from online gaming increased by 28 per cent.
03/21/22 India: AIGF calls for robust policy framework for online gaming The All India Game Federation (AIGF) has urged Indian states to take a proactive approach to develop a robust policy framework for the online gaming industry.
02/22/22 Casinos in Nepal pay RS$810m in royalties Authorities in Nepal have revealed the government has collected RS$810m in royalties from 17 casinos.
