Daily Asia Gaming eBrief: POGO ban applies universally, regardless of location/licensing
Tuesday 19th of November 2024
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Good morning. No loopholes, no exceptions. The ban on POGOs and IGLs applies universally, independent of the location or licensing entity, says a top legal expert. Meanwhile, in Macau, a recent survey shows positive growth in Macau’s premium mass segment this month, with more whales and new products driving growth. And in Singapore, Resorts World Sentosa faced a setback, after being handed a shortened two-year renewal on its casino license due to ‘unsatisfactory’ tourism performance.
A top legal expert says that the Executive Order issued by the Philippine President banning all offshore gaming operations was “explicit in its scope” and applies universally, regardless of location or licensing. Clarification from the Office of the President furthered that there are no exceptions or loopholes in the ban on POGOs and IGLs, noting that they are “now classified as illegal gambling”.
Asia is the most populated continent on the planet and Football is the No. 1 sport in most countries. The World Cup qualifying matches are traditionally watched by billions of fans in the region, but FIFA has decided to reward Asia with a significant representation at the tournament only now.
Altenar, a leading sportsbook provider is bringing its global expertise to Asia, looking to expand its operations. Since 2011, Altenar has powered hundreds of online sports betting sites worldwide and is a major B2B provider in Europe and Latin America licensed markets.
Asia Gaming Brief is a news and intelligence service providing up to date market
information for worldwide executives on relevant gaming issues in Asia.