Vietnamese police have broken up an illegal online gambling operation in Hanoi that has taken in about $2.77 billion in business, VN Express reports.
Philippine police have arrested 265 Chinese nationals after an operation against an illegal offshore gaming operation in Las Pinas City, on the southern edge of Metro Manila.
The Cambodian Department of Immigration on Thursday has reported that more than 200,000 Chinese left the country in the lead up to its ban on online g
The Cambodian government’s online gambling ban took effect as of the end of 2019. Casinos failing to comply would reportedly face punishment by authorities, including the possibility of the revocation of their business licenses or other legal action.
A cryptocurrency founded by a 29-year-old Peking University grad and Jack Ma protégé has emerged at the centre of a decentralized online gaming movement which is seeing thousands of users gamble tens of millions of dollars per day.
With the win from China-facing igaming operations forecast to hit $33 billion in 2019, the Philippines has little incentive to curb activities of POGOs.
Uncertainties caused by instability in Cambodia and the Philippines has prompted operators to search for new markets, with India and Japan top of the list.
Mey Vann, director general at Cambodia’s Ministry of Finance, pulls no punches when it comes to the nation’s online gambling ban. “It’s gone and it’s not coming back,” he says
The recent moves in the Asian affiliate space, including high-profile acquisitions and talk from some of the larger listed affiliates of entering new markets in Asia, might have observers believing the region is like any other, at least as far as affiliates...
The Council for the Development of Cambodia has approved two new hotel projects in Sihanoukville worth $379 million, according to local media reports.
After years of turning a blind eye to the booming online gambling markets in Cambodia and the Philippines, authorities in China have finally had enough, triggering a clampdown across the region.
U.K.-listed Playtech Holdings has cut its forecast for revenue from Asia this year due to a clampdown in Malaysia and increasing competition in China.
The Philippine Gaming and Amusement Corp (PAGCOR) has said it will stop accepting new applications for offshore online gaming licenses after Beijing called on Manila to crack down on gambling operations targeting its citizens.
Belle Corp said revenue fell 7 percent in the first half as gains from its share of revenue in City of Dreams Manila (CoD) failed to outweigh a decline in revenue at a unit that leases online betting equipment.
The conditions prevalent in the markets of East Asia mean the evolution of a more recreational online player base is following a different path to how it occurred in Europe and suppliers need to be aware of changing patterns of behaviour.
The head of Macau’s gaming regulator said the Gaming Inspection and Coordination Bureau has inspected 25 VIP rooms and found nothing illegal and confirmed that Suncity Holdings CEO Alvin Chao is not under investigation.
The Malaysian government is looking to amend the country’s laws on gambling to include online gambling, local media reports. Home Minister Muhy
The Philippines plans to impose further restrictions on foreign migrants as Chinese workers flood into the country, mainly to take up jobs in the online gambling industry.
A private member’s bill recently introduced in parliament is expected to give fresh impetus to the debate on legalizing online gaming and sports bet
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
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