Asia

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

 The HALLO ECHO
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  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…

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Macao Detains Suncity Boss on China Gambling Charge

 The HALLO ECHO
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  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…

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MGM-Orix Consortium Could Benefit from Japan Election Results

 The HALLO ECHO
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  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…

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Court Dismisses Petition Challenging Ban on Entry of Goans in Casinos

 The HALLO ECHO
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  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…

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Gaming Apps Block Access in Karnataka as Ban Takes Effect

 The HALLO ECHO
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  Gaming apps have blocked user access in Karnataka after the state imposed a ban on online betting games. Sequoia Capital-funded Mobile Premier League (MPL) was among the first few gaming startups that began blocking access to users in the Indian state of Karnataka on Wednesday following a ban on online gaming. On Wednesday morning,…

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PH Resorts Group Gets Approval to Suspend Clark License

 The HALLO ECHO
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  PH Resorts Group Holdings has confirmed that the Philippine Amusement and Gaming Corp (PAGCOR) has approved its request to voluntarily suspend its provisional licence for an integrated resort with a casino in Clark Global City, on the main island of Luzon. PH Resorts said the company had “sought for the voluntary suspension of its…

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