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Macau casinos must hold US$620m in capital during concession period

After analysing the final draft of Macau’s general gaming law amendment, JP Morgan has deduced that casino operators must have capital of MOP5bn (US$620m) during the entire concession.

06/17/22

Doubts around the impact of Macau’s increase on GGR tax

According to some analysts, the proposed new tax liability was unexpected and could generate uncertainty in current and potential investors.

06/15/22

Duterte apologises for taking his time to suspend e-sabong

The president of the Philippines has said he was late in realising the negative effects of e-sabong operations.

06/15/22

Star’s case has been granted leave by Queensland Court

Thailand: Mae Sot ready to host an integrated resort

A member of the Thai committee studying the feasibility of land-based and online casinos has said that the city of Mae Sot is ready to host an integrated resort with a casino.

06/14/22

Tabcorp wants Victoria to follow Queensland’s lead on online betting tax

Tabcorp, with the support of the Alliance for Gambling Reform and the Australian Hotel Association, is pushing the government of Victoria to increase the tax on online betting operators.

06/14/22

India warns media outlets against advertising online betting

The Indian Ministry of Information and Broadcasting had told media outlets not to advertise online gambling platforms.

06/13/22

macau-four-arrested-for-running-ilegal-casinos

India: 36 arrested for illegal gambling

06/13/22

Vote on Macau’s gaming law amendment bill could take place on June 21

Committee chairman Chan Chak Mo has revealed that the Legislative Council’s second standing committee is expected to sign its final draft on June 15.

06/10/22

India: Tamil Nadu creates panel to study impact of online gambling

06/10/22

NMI senator pushes to open up casino licences on the islands

Senator Paul A. Manglona says he has sent two letters to senate floor leader Vinnie Sablan pushing for action on Senate Bill 22-23 to remove IPI’s exclusive licence.

06/10/22

Singapore: 19 investigated for illegal gambling

Police in Singapore are investigating 19 people for alleged involvement in illegal gambling.

06/09/22

India appoints panel to oversee legalisation of online gambling

The creation of the panel follows the new online gambling bill introduced in April.

GAMBLING REGULATION

Check the latest GAMBLING REGULATION news

Macau casinos must hold US$620m in capital during concession period

Doubts around the impact of Macau’s increase on GGR tax

Duterte apologises for taking his time to suspend e-sabong

Queen’s Wharf development at risk amid Queensland’s review of Star

Macau casino contract extensions to be signed on June 23

India: over 450 people arrested for illegal gambling in Surat

Thailand: Mae Sot ready to host an integrated resort

Tabcorp wants Victoria to follow Queensland’s lead on online betting tax

India warns media outlets against advertising online betting

India: 36 arrested for illegal gambling

Vote on Macau’s gaming law amendment bill could take place on June 21

India: Tamil Nadu creates panel to study impact of online gambling

NMI senator pushes to open up casino licences on the islands

Singapore: 19 investigated for illegal gambling

India appoints panel to oversee legalisation of online gambling

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

Legal

Philippines reviews China visa policy over illegal gaming

Business

China lottery sales rise 27.3% in September