New Silkroad Cuts Losses, Sells Stake in Jeju Casino
To address ongoing losses in the entertainment sector, New Silkroad Culturaltainment Limited sold its majority stake in the MegaLuck casino on Jeju Island, South Korea, for a sum of $3.6 million.
The Hong Kong-listed company gave current investor Yu Cheng Kuo a 72% share in Megaluck Business Limite[...]
sky news host debates australia’s proposed gamb...
Caleb Bond, host of Sky News, challenges the notion that sports betting is the "big evil" in light of Australia's upcoming prohibi[...]
adventure box technologies ventures into igaming with...
In order to get into the online gambling market, Adventure Box Technologies, a Stockholm-based company that develops computer game[...]
euro 2024 sparks hong kong illegal betting fears
When the UEFA European Championship (Euro 2024) gets underway, Hong Kong authorities anticipate a rise in illegal football betting[...]
macau gaming: june seen as “floor” despit...
The recent decline in Macau gaming revenue is downplayed by Citi analysts, who advise investors to use June's numbers as a startin[...]
casino operator denies embezzlement rumors after exec...
The owner of Newport World Resorts, Alliance Global Group (AGI), has refuted accusations in the media that recent senior departure[...]
“pogo mayor” guo faces tax probe amid sus...
The "POGO Mayor," Alice Guo, the mayor of Bamban, is the subject of an investigation by Philippine officials for potential tax eva[...]
tourist boom: philippines sees 16% rise in arrivals
In the first five months of 2024, the Philippines welcomed almost 2.4 million foreign tourists, demonstrating the country's boomin[...]
skycity settles anti-money laundering charges with a$...
The Australian Transaction Reports and Analysis Centre (AUSTRAC) and SkyCity Entertainment Group have reached an agreement to reso[...]
thai police net 14,000 in online fraud sweep
Over 14,000 people were detained by Thai authorities as part of a massive campaign against online fraud.
The operation, which las[...]