Gaming company Donaco International Ltd. said Joey Lim, managing director, will take on the additional role of group chief executive. Richard Na, chief financial officer, will add the role of deputy group chief executive and be in charge of mergers and acquisitions and operations in Vietnam and other parts of Asia with help from Kenny Goh, chief executive of Donaco Singapore, who will add the role of deputy group chief financial officer. Ben Reichel, company secretary, will become an executive director and take charge of operations in Australia and New Zealand. The Australian-listed company said it had set pay levels for the men “at levels which are substantially below the market levels” established by its remuneration consultant.
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Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
The next edition of the AGB Webinar Series will look at the future of iGaming customer acquisition and retention, which has been going through a transition period over the last year.