Jay Chun, head of Paradise Entertainment (1180:HK) – the parent company of Macau subsidiary LT Games – has founded the Macau Gaming Equipment Manufacturers Association. LT Games’ notoriety is mainly connected to a patent dispute it has been embroiled in with SHFL Entertainment. The local company manages SJM’s 600-table Kam Pek casino next to the landmark Hotel Lisboa. Jay Chun is also reportedly considering creating his own equipment testing laboratories.
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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.