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Analysts warn caution amid Macau’s proposed new gaming laws

Brokerage JP Morgan has warned that Macau’s gaming sector could be “un-investable” due to the possibility of increased oversight of gaming concessionaires and junket operations.

09/24/21

India: more criticism of Karnataka ban on online gambling

Industry players believe the banning of online gambling in Karnataka would be a boost for illegal offshore betting apps.

09/24/21

Australia: criticism of gambling ads ahead of AFL Grand Final

Some government MPs, athletes and AFL clubs have complained of gambling companies piling ads into pre-game coverage for Saturday’s AFL Grand Final in Perth.

09/23/21

POGO tax signed into law by Philippine president

POGOs will have to pay 5 per cent on gross gaming revenue under the new law.

09/23/21

AIGF criticises Karnataka ban on online gambling

The All-India Gaming Federation (AIGF) claimed the banning of online gambling would damage the state’s standing as a tech centre and start-up capital.

09/23/21

Increased supervision over Macau casinos could hurt premium mass market

According to Ben Lee, managing partner of iGamiX Management & Consulting, Macau could lose 80 per cent of its premium mass business due to the proposed changes to the city’s gaming laws.

09/22/21

Andrew Yeom: “Allowing online gambling could bring up to 2.1m online users annually”

Andrew Yeom, Commonwealth Casino Commission executive director, was invited by House Gaming Committee Chairman Edwin Propst to discuss the possibility of online gambling with lawmakers.

09/22/21

India: state of Karnataka seeks to ban online gambling

The Karnataka state government is considering amending its Karnataka Police Act 1963 to ban all forms of gambling in the state, including online gambling.

09/22/21

Australian casino revenue to decline due to stricter regulations

According to analysts, casino operators in Australia could see a decline in revenue as a result of compliance initiatives.

09/21/21

Vietnam football betting unlikely to attract investors, analysts say

Gaming experts believe an expansion of football betting in Vietnam will be too restrictive to attract international investors.

09/20/21

New Zealand campaigners call for tougher gambling laws

Anti-gambling campaigners have encouraged other councils to follow the city of Christchurch’s decision not to relax its current gambling and TAB regulation policies.

09/20/21

Federal Group protests Tasmania licence changes

Federal Group casino claims the government didn’t notify it about a change in rules to end the company’s exclusive licence agreement.

09/20/21

Suncity CEO doesn’t expect Macau gaming laws changes to drive out junkets

Alvin Chau Cheok Wa, CEO of Suncity, has said he doesn’t believe changes to the current city’s gaming laws are intended to end junket operations in the city.

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

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.

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Check the latest GAMBLING REGULATION news

Analysts warn caution amid Macau’s proposed new gaming laws

India: more criticism of Karnataka ban on online gambling

Australia: criticism of gambling ads ahead of AFL Grand Final

POGO tax signed into law by Philippine president

AIGF criticises Karnataka ban on online gambling

Increased supervision over Macau casinos could hurt premium mass market

Andrew Yeom: “Allowing online gambling could bring up to 2.1m online users annually”

India: state of Karnataka seeks to ban online gambling

Australian casino revenue to decline due to stricter regulations

Vietnam football betting unlikely to attract investors, analysts say

New Zealand campaigners call for tougher gambling laws

Federal Group protests Tasmania licence changes

Suncity CEO doesn’t expect Macau gaming laws changes to drive out junkets

Macau casinos must add flashing clocks to slots by 2024

CCC warns it will close by end of April 2022

Legal

Indonesia claims removal 4 million online gambling posts

Australasia

SkyCity targets FY28 dividend return as it advances online casino plans and reviews takeover interest

Business

Genting Singapore may borrow US$1.6bn to fund RWS 2.0 expansion, CreditSights says

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