Search Results for: China
Singapore Set To Become More Restrictive By Criminalising Proxy Gambling
February 24, 2022
New Amendment Seeks Fine, Jail Term for OffendersReferring to Singapore’s Casino Control Act (CCA) of 2006, Green said that the...
Galaxy Entertainment Group reports 7% decline in Q4 2021 revenue
February 24, 2022
Galaxy Entertainment Group (GEG) has reported net revenue of HK$4.8bn (US$620m) for the fourth quarter of 2021, a 7% year-on-year...
Galaxy ends all junket deals; company assessing Macau satellite casinos situation
February 24, 2022
Macau gaming giant Galaxy Entertainment Group has terminated all its VIP junket agreements. The company no longer has any deal of...
Out Of Luck: Hong Kong Casino Moguls See Fortunes Fall As Tourism Stalls
February 24, 2022
Hong Kong’s casino moguls saw a turn in fortunes as Macau pulled back from making drastic changes to laws controlling the world...
GameFi’s Shaky Prospects; Bitcoin, Ether Inch Higher
February 23, 2022
Strict regulations on gaming in China and South Korea, among other countries, are likely to reduce the market for GameFi in the A...
Macau Regulators Meet With Junket Trade Group to Discuss Future VIP Operations
February 23, 2022
Macau gaming regulators met recently with representatives of the enclave’s primary junket trade group. The topic was how such V...
Macau gaming tax increases in 2021 to MOP$33.91 billion
February 22, 2022
The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a total of MO...
Macau gaming tax climbs 13.8% to almost MOP$34 billion in 2021
February 21, 2022
The Macau government raked in gaming tax of MOP$33.91 billion (US$4.22 billion) in 2021, according to details published by the Fi...
The Asian iGaming Market – Size, Investment Opportunity, Laws & More
February 18, 2022
Examining the Asian iGaming MarketThe world of iGaming has been on the march for a while now in Europe and North America, but how...
Mainland authorities hail 2021 as most ‘successful year’ in cracking down cross-border gambling
February 18, 2022
Several cross-border gambling groups were destroyed in 2021, making it the year with the most considerable impact on cross-border...