Friday, June 18, 2021
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Time to move the regulatory goalposts

There is no question that the global sports betting market is massive and growing fast. According to figures from respected statistics company, Statista, the global gross gaming yield now stands at about $400 billion, with the majority of that generated in Asia.

Government launches survey of IR bid intentions

The central government bureaucracy has launched its first major initiative since the July passage of the IR Implementation Act by beginning surveys on the...

Facing the challenges of technology

New technologies, in particular facial recognition, have the potential to revolutionize the interaction between the casino and its customers, though regulators may be less enthusiastic.

NZ racing shakeup raises industry hackles

Opponents of the sweeping changes proposed for the racing industry in New Zealand are questioning whether the reforms are legally and practically possible.

IR business risk assessment remains tentative

Despite the July 20 passage of the IR Implementation Act, all assessments of business risk for IR operators remains tentative, says Hitoshi Ishihara, partner...

Goa outlines new casino policy

Goa Chief Minister Manohar Parrikar made a statement on the floor of the legislative assembly on Friday announcing that offshore casinos in the state will be shifted to a designated gaming zone within a period of four years, G.Laws reports.
Cambodia

Regulation to stimulate growth

Cambodia is expected to introduce its long-awaited casino regulation in September, which may attract further investment to one of Asia’s most vibrant markets.

Asia’s emerging casino markets question whether size matters

When the 10.5 million-square-foot Venetian Macao opened its doors in 2007, it upped the ante on the scale of casino developments and helped inspire Singapore, Korea and others to undertake major IR projects.
Pagcor

Pagcor says license moratorium to protect industry returns

The Philippine Amusement and Gaming Corp said the decision to put a moratorium on issuing further land-based casino licenses in the country was designed to protect investments made by existing operators.

Philweb fights to regain lost ground

Almost two years after losing its license in a spat with Philippine President Rodrigo Duterte, gaming technology company PhilWeb Corp is on a charm offensive to win back lost business with improved content and services.

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Can domestic tourism fill the void?

Locals program unlikely to be expanded, despite Covid

Appeals from Vietnam’s casino owners to allow locals to gamble are likely to fall on deaf ears despite plummeting revenue due to the closure of international borders.

CNMI judge awards IPI workers $5.9m in damages

A judge in the Commonwealth of Northern Mariana Islands has told Imperial Pacific International to pay $5.9 million in damages to seven Chinese workers, who suffered "appalling" mistreatment.
Lynn McCreary

Sportradar Appoints Lynn S. McCreary as Chief Legal Officer

Sportradar, a leading global provider of sports betting and sports entertainment products and services, announced the appointment of Lynn S. McCreary as Chief Legal Officer. 

Regulators barely have a seat at the table [video]

Asia Gaming Brief asia editor Felix Ng catches up with former gaming regulator Paul Newson, Principal at Senet Advisory about how the pandemic, and recent royal commissions have sparked change in the approach to gaming regulation in Australia.
RWLV Genting

RWLV going cashless sets benchmark for wider industry

Resorts World Las Vegas’ new casino floor, which opens on June 24, is set to feature cashless gaming and smart tables using RFID chips.