Asia

Japan sends IR bill to the Diet for Vote

The HALLO ECHO

Japan’s government has finalised the closing piece of legislation required to license the country’s first casinos, after the ruling coalition reached agreement on last week on the terms of the integrated resort (IR) implementation bill following months of political wrangling. The bill will now be presented to the Diet, Japan’s parliament, for debate. However, its…

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China’s ban on South Korean online games fuels IP theft

The HALLO ECHO

The Chinese government is sticking to its ban on providing licensing rights to South Korean developers for distributing mobile games inside China, is not only hurting the bottom line of the established developers but also allowing local copyright infringers and intellectual property thieves to thrive in the Chinese market. China stopped new licensing for product…

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GOCC commission seeks to split PAGCOR

The HALLO ECHO

The Governance Commission for Government-owned and Controlled Corporations (GOCC) declared on Wednesday it has suggested the separation of regulatory and commercial functions of Philippine Amusement and Gamong Corp (PAGCOR). The GOCC commission made the suggestion to President Rodrigo Duterte, stateting it was “due to PAGCOR’s conflicting proprietary activities and regulatory functions in which its operation…

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China approves horse racing and sports lottery in Hainan

The HALLO ECHO

The government of People’s Republic of China has given sanction for the development of horse racing and sports lottery in Hainan, the southernmost island of the country. The move is expected to give an impetus to the tourism activity in the province. According to reports by the official Xinhua News, the Chinese Cabinet approved a…

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Philippine President supports ban on casino

The HALLO ECHO

Rodrigo Duterte, the Philippines President, has emphatically supported the ban on new casinos in Boracay Island. The President declared that the clean-up operations will continue and there would be no new casinos in the island. The paradise island is facing sewerage and environmental problems that forced the head of state to close the destination, potentially…

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New Japanese casino law likely in the second half of 2018

The HALLO ECHO

According to Japanese brokerage Nomura, Japan is on the path to pass its Integrated Resorts Implementation Bill during the second half of this year or the maximum by the first half of 2019. This report arrived on the wake of the agreement reached earlier this week, among members of the ruling coalition, the Liberal Democratic…

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