Vietnam Resorts Need $2 Billion Minimum to Qualify for Gaming

Vietnam’s Ministry of Finance says three resorts in the country could be in line to offer casino gaming—but only if they can demonstrate capitalization of $2 billion or more....

Published October 24, 2022

Philippine Officials Shutter Hundreds of Illegal POGOs

Last week, Philippine officials announced the shutdown of more than 200 illegal offshore gaming operations and the deportation of several Chinese nationals who worked for them. More expulsions are...

Published October 24, 2022

Cambodian Police Raid Thousands of Illegal Gambling Dens

A crackdown on illegal gaming in Cambodia has borne fruit. Following more than 10,000 raids in recent weeks, at least 127 unlicensed gambling dens have been shut down.

Published October 24, 2022

Genting Officially a Contender in Macau

GMM S.A., a last-minute entrant in Macau’s casino license race, is now an official contender for a gaming license in the city. A unit of the Genting Group joined...

Published October 24, 2022

Defiant Okada Vows to Reclaim Control of Philippine IR

On October 17, casino magnate Kazuo Okada (l.) was arrested on arrival at an airport in Manila, Philippines. The Japanese billionaire is charged with coercion in his takeover of...

Published October 24, 2022

Vietnamese Casino Wants Pilot Program Extended

Vietnam’s Kien Gang Province will ask the country’s Ministry of Finance to extend a pilot program that allows Vietnamese locals to gamble at the Corona Resort and Casino (l.)...

Published October 17, 2022

Preah Sihanouk Pledges to Fight Trafficking

Kuoch Chamroeun (l.), governor of Preah Sihanouk in Cambodia, has announced new law enforcement measures designed to prevent human trafficking and other crimes in the province’s gaming industry.

Published October 17, 2022

Chinese Embassy: Philippines Not on Travel Blacklist

The Philippines’ Chinese Embassy denies a recent statement by Senate President Migz Subiri (l.) that Beijing has blacklisted the country as a tourism destination. The supposed ban was related...

Published October 17, 2022

Suncity Marketers: Illegal Bets ‘Part of the Business’

In the ongoing trial of Suncity Group chief Alvin Chau (l.), employees acknowledged that the junket conducted illegal bets, which reportedly accounted for 40 percent of performance metrics.

Published October 17, 2022

Macau Stocks Dive, Ops May Pay More for Concessions

The rollercoaster ride isn’t over for Macau gaming operators, whose stocks dropped amid a boost in Covid cases after Golden Week. In addition, they may have to invest more...

Published October 17, 2022

Suncity Defendants Sentenced to Jail Time

In late September, two defendants in the court case involving former Macau junket firm Suncity Group were sentenced to jail by a Chinese court. At the center of the...

Published October 10, 2022

More than 1,700 Illegal Gaming Halls Discovered in Cambodia

Cambodian officials have already identified more than 1,700 illegal gambling dens as part of a renewed crackdown on the operations. Prime Minister Hun Sen (l.) questioned the will of...

Published October 10, 2022

Report: Macau Recovery ‘A Long Way Off’

Researchers at the University of Macau (l.) say the SAR’s economy could contract 29.2 percent for 2022, with full recovery “a long way off.” But Fitch Ratings says Macau...

Published October 10, 2022

New Airport Promises ‘Dramatic’ Boost for Vietnamese IR

A new international airport near Ho Chi Minh City, Vietnam, should be of great benefit to the Grand Ho Tram Strip casino resort (l.), in part because it will...

Published October 3, 2022

Philippine Government Continues POGO Crackdown

Thousands of Chinese nationals now living in the Philippines will be deported this month as the government continues its crackdown on the crime-ridden online gaming sector.

Published October 3, 2022

Renewed Travel Good News for Macau Gaming

Macau gaming operators hope for increased footfall and revenues as China makes plans to resume individual and group travel from the mainland. The doors could open by the end...

Published October 3, 2022

Will South Korea IR Ever Be Completed?

An incomplete casino resort project in Incheon, South Korea, may need help getting over the finish line. The developer is reportedly looking for a partner to both invest capital...

Published September 26, 2022

Philippine Court Tosses Okada Suit

A Manila court has dismissed a complaint against casino magnate Kazuo Okada (l.) that charged him with falsifying records. The court cited a lack of evidence against the Japanese...

Published September 26, 2022

Chau Denies Involvement in Multiplier Bets

Imprisoned former junket runner Alvin Chau (l.), now on trial on charges of illegal gaming, fraud and money laundering, says he had no involvement in multiplier betting at Macau...

Published September 26, 2022

Cambodian PM Steps Up Efforts to End Illegal Gambling

Cambodian Prime Minister Hun Sen (l.) has ordered a “strict crackdown” on illegal gambling, including lotteries, poker and cockfighting. He cited concerns about gambling addiction among Cambodians.

Published September 26, 2022