Gambling Clear News
Suspended Bamban mayor Alice Guo, linked to crimes in Philippine offshore gaming, has dropped out of sight, and may have fled the country. Senator Win Gatchalian says he has received death threats for combatting the industry. Philippine police continue to search for a small-town mayor linked to crimes in the offshore gaming industry. And now
Thailand’s new prime minister is pushing casino resorts as a way to drive tourism and revenues. According to one analyst, a Thai industry, done well, could overtake Singapore for GGR. In 2018, analysts predicted that integrated resorts (IRs) in Japan would be gaming’s “next holy grail.” They estimated gross gaming revenue (GGR) of up to
Bloomberry Resorts Corporation has rejected speculation that it could build and open a new land-based casino in Thailand, despite the country edging closer to opening a legal gambling market. Reports emerged this week suggesting that Enrique ‘Ricky’ Razon, Filipino billionaire and chair of Bloomberry, could consider expansion in Thailand. The article on Bilyonaryo.com says Razon has shown
Melco Resorts & Entertainment returned to a net profit in Q1 as ongoing recovery in Macau helped push group revenue up 55.2% year-on-year to $1.11bn (£887.2m/€1.04bn). Macau has bounced back since reopening in full last January when all remaining pandemic measures were dropped. Melco referenced this as one of the main reasons behind full-year growth in 2023
The Philippine Amusement and Gaming Corporation (PAGCOR) has appointed lawyer Wilma Eisma as its new president and COO. Eisma succeeds Juanito Sansosa Jr, who resigned as president and COO in January. The Philippine regulator confirmed yesterday (18 April) that Eisma had taken her oath of office before Lucas Bersamin, Pagcor’s executive secretary. This was witnessed
The Singapore Gambling Regulatory Authority (GRA) has fined Resorts World Sentosa (RWS) a total of S$2.3m (£1.3m/€1.6m/US$1.7m) for failing to perform customer due diligence checks. The GRA said Resorts World Sentosa breached several Singapore laws by not carrying out the required checks. These include the Casino Control Act 2006 and the Casino Control (Prevention of Money
The Mohegan tribe has announced that its new Mohegan Inspire Entertainment Resort in South Korea will host a soft opening on 30 November. Mohegan said the soft launch next week will allow visitors to access certain facilities ahead of the resort’s full launch. Several other opening phases will follow before Incheon-based Mohegan Inspire becomes fully
Genting Berhad posted double-digit growth in revenue and earnings at its flagship resorts in Singapore and Malaysia hit new heights in the most recent quarter. Genting Berhad, the Malysia-headquartered conglomerate, accrued revenues totalling RM6.1bn ($1.3bn/€1.2bn/£1.0bn) from its leisure and hospitality division in the three months to 30 September 2023. This was up 27% compared to
Indian authorities have issued blocking orders against 22 betting apps and websites it says have been operating illegally. Full details of those operators blocked by Ministry of Electronics and Information Technology (MeitY) were not disclosed. However, the MeitY confirms that both Mahadev Book and Reddyannaprestopro face blocking orders. MeitY says it is taking action following
The Philippine Amusement and Gaming Corporation (Pagcor) posted revenue of PGP55.95bn (£811.4m/€929.4m/$984.4m) for the first nine months of its financial year. Pagcor said the majority of revenue in the period was designated as gaming and operations, with this amounting to PHP51.66bn. The nine months cover the operating period through to 30 September 2023. A further
