Making a mass out of Macau, other Asia gaming destinations
It’s been three years since the arrest of Suncity chairman Alvin Chau lowered the boom on Macau junket promoters. Combined with Covid, Beijing’s dual crackdown on overseas gambling and illegal...
Weekend Report: Star Entertainment loses shareholder and Betsson subsidiary hit with Isle of Man...
Star Entertainment hit by JPMorgan Chase withdrawal In this edition of Weekend Report, investment banking giant JPMorgan Chase has dropped its shareholding in troubled Australian casino operator...
Alarm for investors as Mohegan Gaming defaults on South Korea loan
In its fourth-quarter and fiscal 2024 report, released New Year’s Eve, Mohegan Gaming had good news and bad news. First, the good news. Companywide, the Uncasville, Connecticut...
Bet365 returns to profit in FY2023-24
A Companies House filing outlining the operator’s performance for the 12 months to 31 March 2024 reported 2023-24 financial year group revenue of £3.72 billion (€4.48 billion/$4.65...
Genting Malaysia’s new mass casino may not be a game changer
Maybank analyst Samuel Yin Shao Yang visited RWG’s Genting Casino on 30 December. His verdict: the new floor, with 36 live gaming tables, low-volatility slots and EGMs,...
Cherry Play names Bajela as CEO, partners Bragg ahead of launch
As CEO, Bajela will oversee the launch of market newcomer Cherry Play, which will operate with a no-revenue-share commercial model. Instead, operators will pay a set licence...
Norsk Tipping sets lower monthly loss limits for younger players
Norsk Tipping customers aged 20 to 21 will only be able to lose a maximum of NOK3,000 (£216/€256/$264) per month. Loss limits will be set slightly higher...
Philippines: Guo charged with money laundering, another POGO shut down
Philippines authorities today charged disgraced former mayor Alice Guo with 62 counts of money laundering. She was charged along with 31 others in connection with a Philippine...
Denmark gambling revenue rises 7.8% in November
Revenue for November reached DKK654 million (£74.1 million/€87.6 million/$90.7 million), Denmark regulator Spillemyndigheden reports. This is ahead of DKK608 million in the same month of previous year...
NJ bill proposes to regulate, tax sweepstakes
If you can’t beat ’em… tax ’em. That’s pretty much the message one New Jersey legislator is sending to the “sweepstakes” gaming world. A bill dropped on...
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