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The HALLO ECHO

Lawrence Ho makes clear that over six licensees in Macau are not required after the gaming concessions expire in 2020

The HALLO ECHO

Lawrence Ho, the Chairman and Chief Executive of Melco Resorts and Entertainment Ltd, the Macau casino license holder made himself loud and clear at an event on Monday that after the current gaming concessions expire in 2020 or 2022, there is no need for more than six licensees in Macau. He emphasised that “It’s really…

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City of Rockford could have one of the stiffest video gaming fees

The HALLO ECHO

If the voters accede the home rule, the city of Rockford (northern Illinois) could have one of the stiffest video gaming fees in the U. S.  As per the reports of the Rockford Register Star, Mayor Tom McNamara has proposed an annual fee of $1,000 per machine for those who are operating video gaming terminals. A referendum…

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Indian Government to enforce a law to regulate online betting and gambling in the nation

The HALLO ECHO

Gambling is a state subject, and only states in India are entitled to formulate laws for gambling activities within their respective states. In association member of Maharashtra Legislative Council Ranjit Patil said that the State government will promptly enact a law to regulate online betting and gambling. Though there are laws to govern betting and…

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Cambodian lawmakers pushing for a legislation that would allure foreign investors to its casino and gaming industry

The HALLO ECHO

With the sole intention of making Cambodia a hub of gaming in South East Asia, the lawmakers of Cambodia are currently pushing for a legislation that would allure  foreign investors to its casino and gaming industry. The proposed legislation, is anticipated to be passed post  the general elections scheduled to  take place later this years.…

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Opposition parties in New South Wales dead set against new gaming law as it could sabotage the casino market

The HALLO ECHO

It seems the opposition parties in the Australian state of New South Wales are dead set against new gaming law. In the perspective of the opposition parties new legislation addressing slot machines could sabotage the casino market as it could escalate the number of machines in high-risk areas increasing the gaming industry profits by A$80…

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New Gaming Bill tabled in Maltese Parliament

The HALLO ECHO

Press Release – 13 March 2018 – The Parliamentary Secretary for Financial Services, Digital Economy & Innovation, Hon. Silvio Schembri announced that a motion has been presented in Parliament for the first reading of a new Gaming Bill which will seek to repeal all the existing legislation and replace it with a singular primary Act of…

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