Archive

_2019-10-22
The Department of Finance in the Philippines has said it will back a proposal for a 5 percent tax hike on the country’s offshore igaming licensees.

_2019-07-04
Shares in Genting Bhd and Genting Malaysia rebounded sharply upwards following the release of their 2019 first-quarter earnings, showing the impact of

_2019-04-05
The Singapore government is seen as the main winner in the agreement to allow a $9 billion expansion of the island’s two integrated resorts, gaining

_2018-11-08
Genting Malaysia said it was reviewing marketing expenses and its cost structure after the government hiked casino taxes and duties in its annual budget, provoking the biggest one-day share price drop on record for the company.

_2018-11-06
Genting Malaysia stock dropped as much as 30 percent on concern a bigger-than-expected casino tax hike in Friday’s budget will slice into earnings.  

_2018-04-07
Goa’s government may reconsider a plan to hike casino fees by as much as 4.5 times following a petition from operators, local media reports. Chief s

_2016-02-18
Russian gambling industry executives have lambasted a Finance Ministry proposal to raise gaming taxes, saying that such an initiative would "destroy the gambling business." To date, one of Russia's key draws for foreign investors has been its low taxation...