Success Universe Group Ltd. said it expects to report an unaudited consolidated profit for the six months ended June 30, reversing a loss posted a year earlier. The Hong Kong-listed company attributed the turnaround to improved performance at its Ponte 16 casino hotel, which contributed to last year’s loss. The company added that its buyout of the stake in Ponte 16 held by Japanese pachinko group Maruhan Corp. earlier this year also added to this year’s result.
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Bloomberry Foundation and the Philippine Amusement and Gaming Corp said they have completed the capital region’s largest quarantine facility for Covid-19 patients.
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.