Asia

IPI “Open to Idea” of Issuing License to Another Casino Operator

 The HALLO ECHO
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  Imperial Pacific International is “open to the idea” of another casino operator on Saipan, IPI’s Acting Chief Executive Officer Tao Xing told the Commonwealth Casino Commission during a meeting Thursday. It was Commissioner Mario Taitano who raised the matter, noting that Xing earlier said he was “okay” with a proposed amendment to the casino…

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Philippine President Duterte Orders End to E-sabong

 The HALLO ECHO
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  Philippine President Rodrigo Duterte has ordered the immediate termination of e-sabong (online cockfighting) operations in the country. E-sabong is the most popular form of gambling in the Philippines, and the move will see the Philippines lose up to PHP600m ($11.4m) in tax revenue. Duterte’s decision was based on a recommendation from the Philippines Interior…

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Goa: After 3 Years, Gaming Commissioner for Casinos to Get Powers

 The HALLO ECHO
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  Three years after Goa appointed a dedicated Gaming Commissioner to oversee the state’s casinos, official rules designed to streamline and regulate casino operations are finally ready for approval. The Home Department has finalised its casino rules and submitted them to Chief Minister Pramod Sawant for final approval – a significant step forward for the…

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Chinese Gaming Stocks Jump as Regulator Approves New Titles After Months-long Freeze

 The HALLO ECHO
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  Chinese regulators have approved the first batch of video games for monetisation since last July, ending a freeze that has hurt some of China’s largest technology firms. US-listed shares of NetEase, one of China’s biggest gaming companies, were up more than 4% in early trade Monday while live-streaming companies Bilibili, Huya and DouYu also…

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Macau’s Chief Executive to be Granted Power to Revoke Gaming Licenses if National Security Law Violated

 The HALLO ECHO
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  The Macau SAR Government has told the Legislative Assembly (AL) that the revised gaming bill would grant the Chief Executive the power to rapidly terminate a concessionaires’ gaming licence via an administrative order if it was deemed they had violated national security laws. The AL Second Standing Committee continued its closed-door discussions with government…

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Scientific Games Receives First Game Approval Under Macau’s New Technical Standards 2.0

 The HALLO ECHO
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  Scientific Games has received compliance approval from the DICJ for “Carnival Cow”, making it the first game to meet Macau’s new EGM Technical Standards 2.0. The Technical Standards 2.0, which came into effect on 1 September 2021, provide updated compliance guidelines for all EGMs in Macau with a focus on enhancing game integrity and…

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