11/22/19 Gaming in Macau produces 50 pct of its GDP The gaming industry in Macau continues to be a key factor of its economic development and produced 50.5% of its gross domestic product (GDP).
11/20/19 Primorye to feature 11 casinos by 2023 The vice governor of Primorye has revealed that the gambling zone will feature at least 11 casinos by 2023.
11/20/19 Macau approves 2020 budget The budget for 2020 was approved and the Special Gambling Tax is expected to be 74.5% of the total revenues in Macau.
11/20/19 POGOs to be subject to taxes The Finance Secretary from the Philippines said that Philippine Offshore Gaming Operators (POGOs) are subject to taxes.
11/20/19 Japan issues IR proposal timeline The Japan Tourism Agency announced it will receive IR licensing proposals from local governments between January 4 and July 30, 2021.
11/19/19 Casino companies aim at Yokohama Seven IR operators are participating in an RFC process as they try to land their permit for a casino development in Yokohama should the government choose it.
11/19/19 Genting Malaysia joint venture to delist Empire Resorts from Nasdaq Genting Malaysia has begun delisting Empire Resorts’ common stock from the Nasdaq Global Select Market after stockholders recently approved a merger.
11/18/19 Resorts World Manila post major revenue increase During the third quarter of 2019, Resorts World Manila reported a revenue jump of 49% in consolidated net revenues, reaching €294 million.
11/18/19 Mohegan to open IR in South Korea in 2022 Mohegan Gaming will open an integrated resort in South Korea in 2022 and has shared details on the project.
11/15/19 David Flynn discusses SPiCE 2020 Eventus International talked with David Flynn and discussed SPiCE 2020 and the gaming industry.
11/14/19 Japan advances with Casino Management Committee The Government has nominated five members for Japan’s Casino Management Committee, which will oversee integrated resorts in the archipelago.
11/13/19 Macau VIP gambling decreases According to experts, Macau VIP gambling volume fell 30-32% in the first 10 days of November, in comparison with the same period in 2018.
11/13/19 DICJ Director discusses illegal online gambling The director of Macau’s DICJ discussed illegal online gambling operations and said that it’s hard for authorities to fight it.
11/12/19 Sri Lanka bans sports betting The segment was already illegal but Sri Lanka has banned sports betting on overseas competitions as well in order to prevent match-fixing.
11/12/19 Las Vegas Sands models Japanese IR with its own Marina Bay As the casino industry nears the archipelago, Las Vegas Sands is pushing for a Japanese IR and wants to emulate its Singapore venue there.
