Kingston Financial Group is reporting that profit in the six months to the end of September rose 34 percent to $341 million, with combined gaming revenue from the company’s two Macau casino hotels gaining 11 percent. Group gaming revenue was about HK$329.58 million ($42.5 million) for the period, compared to HK$297.97 million in the year ago period.
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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.