Asia

Singapore Gambling Reform Bills Pass First Reading in Parliament

 The HALLO ECHO
By:
0
0

  Bills that would reform land-based gambling in Singapore and establish a new regulator have passed their first readings in the country’s parliament on February 14. Under the Gambling Regulatory Authority of Singapore Act 2022, Singapore’s Casino Regulatory Authority would be renamed the Gambling Regulatory Authority of Singapore. It would consist of up to 17…

read more

Nepal Govt Revokes Licenses of Two Casinos for Failing to Pay Royalties

 The HALLO ECHO
By:
0
0

  The Ministry of Culture, Tourism and Civil Aviation in Nepal has cancelled the operating licenses of two casinos for failing to pay their royalties. As per news reports, the two casinos, Yak & Yeti Hotel in Kathmandu and Dreamland Hotel in Nepalgunj, have been ordered to shut down after ignoring the government’s request to…

read more

Macau’s Draft Gaming Bill Outlines Tighter Control of Casinos, Junkets

 The HALLO ECHO
By:
0
0

  Macau’s Legislative Assembly has published the draft of a highly anticipated gaming bill on Tuesday that gave details on the Chinese territory’s goal of tightening its grip on casino firms and reining in so-called junket operators. The proposed changes, which need legislators’ approval to become law, mark the biggest reform in two decades for…

read more

Macao Detains Suncity Boss on China Gambling Charge

 The HALLO ECHO
By:
0
0

  Macao police on Saturday detained the head of Macao’s biggest casino junket organiser and others after Chinese authorities issued an arrest warrant for them over accusations that they ran an illegal cross-border gambling syndicate. The arrests in the gambling enclave came after prosecutors in Wenzhou, in the eastern province of Zhejiang, on Friday accused…

read more

MGM-Orix Consortium Could Benefit from Japan Election Results

 The HALLO ECHO
By:
0
0

  The result of Japan’s general elections is positive news for the country’s IR industry and in particular for the chances of the MGM/Orix consortium in Osaka after surprise gains by the Ishin To Party. The right-wing party almost quadrupled their seats from 11 to 41 making it the third-largest party in the country. In…

read more

Court Dismisses Petition Challenging Ban on Entry of Goans in Casinos

 The HALLO ECHO
By:
0
0

  A division bench of Bombay High Court at Goa has dismissed a petition that challenged a ban on locals playing in the Goan casinos. The petition was brought by 25-year-old student Shur Usgaonkar, who claimed that the ban on non-tourists violates a law that prohibits any state from making a law that infringe on…

read more