Levo Chan and four co-defendants directed to provide compensation to casino operators
Levo Chan has been handed a 14-year prison sentence and has been directed to provide compensation as part of his sentence for fraud.
Allegations of Tax Evasion in India by Offshore Gambling Firms
Investigation by GST officers suggests that these gaming companies have evaded GST by not registering and not paying the appropriate taxes.
Sportradar expands its operations with a new office in Mumbai and hires the co-founder of Rubicube Gaming as its General Manager for India
Sportradar has established a new office in Mumbai and appointed Prasun Bhadani as the General Manager for India.
Fifteen individuals sentenced 10 months for involvement in illegal online gambling in Indonesia
15 men in North Sumatra sentenced to 10 months in jail and fined Rp50m (US$3,362) each for their involvement in illegal online gambling.
PAGCOR recognizes and honors its employees who have successfully passed the Philippine Bar Examination
PAGCOR has extended recognition and awards to three employees, including the topnotcher, for their successful completion of the exam in 2022.
Two individuals suspected of being bookies apprehended for illegal betting on IPL matches
Two individuals from Mumbai arrested by Pune rural police, Maharashtra, for their alleged involvement in illegal betting on IPL matches.
Concealed Goa Casino Advertisements During G20 Summit
Goa Boasts Ten Onshore and Six Offshore Casinos in Full Swing, Government's Move to Conceal Casino Branding during G20 Meetings Raises Eyebrows.
Morgan Stanley forecasts that Genting Singapore's Q1 EBITDA will reach approximately US$201 million
Morgan Stanley's projection indicates a 4% improvement of Singapore's Q1 EBITDA & estimate surpasses the market consensus of SGD 252 million.
Macau Introduces New Legislation on Casino Credit and Junket Agreements
The Macau government has introduced a bill that, if approved, would replace an existing gaming credit law.
Levo Chan receives a 14-year prison term
Levo Chan Weng Lin, the ex-leader of Tak Chun Group, a junket operator, arrested in January 2022 and sentenced 14 years in prison.
Sands China reports Q1 net revenue of US$1.28 billion
The Group's Q1 EBITDA reached US$398 million, while net revenue saw a remarkable year-on-year increase of 132%.
Issues in Gambling Paradise
As the international operators have concentrated their presence in a handful of territories with industry-friendly regulatory regimes, life in these point-of-supply jurisdictions has undergone significant changes.
Delhi Capitals partners with Sportradar to enhance their cricket academy program
Sportradar collaborates with Delhi Capitals Academy to leverage their live-streaming technology solution.
According to analysts, Macau's casinos have exceeded US$1 billion in Earnings in the first quarter
Analysts estimate that Macau's casinos have exceeded US$1 billion in EBITDA for the first quarter of 2023
PAGCOR cautions against illicit online gambling activities
PAGCOR has issued a warning in light of reports indicating the widespread proliferation of illegal online betting.
Five of the six casino operators in Macau have established exclusive gaming rooms exclusively for foreign visitors
To diversify their customer base beyond mainland China, Macau casinos implemented measures to attract visitors from other jurisdictions.
Approval for Osaka casino resort plan anticipated in Japan
The IR District Development Plan for Osaka submitted in April 2022 marks the anticipated first approval for a casino in Japan.
AIGF to Challenge Ban on Online Gaming in Tamil Nadu
AIGF contends that the ban on online gaming in Tamil Nadu is misguided as it fails to differentiate between games of skill and gambling
Osaka casino project is encountering resistance in the upcoming elections
Osaka submitted its District Development Plan for an integrated resort, opponents make it a prominent issue during the upcoming elections.
Goa is set to release fresh regulations for casinos
The Indian state of Goa permits gambling, and new regulations for casinos will soon be implemented under the Goa Public Gambling Act.
Sands China is calling for the expansion of Macau's economy beyond the gaming industry
Sands China says it is committed to develop non-gaming projects in Macau. The president of Sands China has stated that Macau needs to enhance its non-gaming…