The table cap for operating properties – currently set at 5,500 for the 2011-12 biennium – shall be increased in 2013, the Macau Secretary for Economy and Finance said. Francis Tam Pak Yuen added that operators’ non-gaming facilities would be taken into account when deciding the number of tables to be allotted to new properties approved for Cotai. Wynn Macau (1928:HK), MGM China (2282:HK), SJM (880:HK) – and potentially Melco-Crown (Nasdaq: MPEL) under StudioCity – have projects in the pipeline. Sands China (1928:HK) is still waiting on a request put in for 200 tables to be added to the Sands Cotai Central complex, while Angela Leong has said that SJM Holdings (880.HK) will also apply for more tables soon.
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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.