Asia

Macau Gaming Law Amended to Help Satellite Casinos

 The HALLO ECHO
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  Macau’s draft gaming law has been amended to help satellite casinos, which will now be able to operate for longer than the original three-year transition period, but without revenue sharing. The original version of the law stated that all satellite casinos must be operating out of property owned by one of the six concessionaires.…

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Marina Bay Sands Earns Platinum Certification for its Commitment to Sustainable Events

 The HALLO ECHO
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  Marina Bay Sands has announced that it has received a platinum certification from the Events Industry Council (EIC) Sustainable Event Standards for Venues for its commitment to sustainable events and operations. According to the press release, Marina Bay Sands continues to be the highest-rated venue outside the United States. In 2020, the IR became…

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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

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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

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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

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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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