Myanmar
Karen Border Force withdraws resignations related to Shwe Kokko
The Myanmar military-backed Karen State Border Guard Force says it has “withdrawn” its numerous resignations over the weekend, following the military’s request for a rethink. The issue is related to the Shwe Kokko new city development, which includes casinos.
Military resignations impact Shwe Kokko project in Myanmar
The leadership of the Myanmar military-backed Karen State Border Guard Force has resigned en masse to protest the resignation of their leader Colonel Saw Chit Thu, who had been under pressure over the China-backed Shwe Kokko new city project, including casinos.
Backer of Myanmar casino city sanctioned by U.S.
The U.S. Treasury Department has sanctioned one of the key investors in a Myanmar project that includes casinos, accusing him of bribery and corruption.
U.S. sanctions “broken tooth” Koi
The U.S. Treasury Department has officially sanctioned Wan Kuok Koi, also commonly known as “Broken Tooth,” and his Hong Kong-based company Dongbei Group for corruption and bribery. The U.S. says Broken Tooth is the leader of the 14k Triad Group and his company is behind a major investment project in Myanmar involving casinos.
Malaysia, Dubai seen as potential online gambling bases
Malaysia and Dubai are both being viewed as potential bases for online gambling operations, as an alternative to the Philippines, where the cost of doing business has risen to a level considered as unacceptable by many operators.
Online operators find new home in Myanmar
It’s been billed as a $15 billion smart city, powered by the latest in blockchain technology, but in reality it has emerged as a major online gambling hub and the new home to many of the operations that fled Cambodia after a ban on the practice last year.
Myanmar: throwing the spotlight on Asia’s newest gaming jurisdiction
After decades of isolation, Myanmar is emerging as a frontier tourism market and Asia’s latest gaming jurisdiction and although significant challenges lie ahead, there are reasons to be optimistic for its potential.
Myanmar presents opportunity if the details are right – Opinion
The entry into force of the new regulation has finally opened up the Myanmar gaming landscape to wider foreign participation. Casinos will now be allowed to operate after obtaining approval from the Union Government.
Cambodia’s online operators find new home in Myanmar
It’s been billed as a $15 billion smart city, powered by the latest in blockchain technology, but in reality it has emerged as a major online gambling hub and the new home to many of the operations that fled Cambodia after a ban on the practice last year.