Asia

PAGCor Issues Stern Warning to Offshore Gaming Licensees and Service Providers Engaged in Illegal Activities

 The HALLO ECHO
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  The Philippine Amusement and Gaming Corporation (PAGCor) issued a stern warning to its offshore gaming licensees and accredited service providers to abide by the Philippine laws and strictly comply with PAGCor’s rules and regulations. The Chairman and Chief Executive Officer for PAGCor, Alejandro Tengco, enjoined all licensees and service providers to operate only within…

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Macau Junket Boss Jailed for Illegal Gambling, Money Laundering

 The HALLO ECHO
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  Macau’s second-biggest junket boss was jailed for 14 years on Friday for running an illegal multi-billion-dollar gambling ring. The high-profile arrests and prosecution of Macau’s big junket bosses have coincided with Chinese President Xi Jinping’s anti-corruption drive, which includes closer scrutiny of corrupt officials who might travel to Macau to place bets and launder…

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Casino Management Companies No Longer Allowed to Extend Credit Under New Amendment to Macau Gaming Laws

 The HALLO ECHO
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  The Macau Executive Council has announced new amendments to the legal regime for the gaming industry which would prohibit management companies from extending credit to players. The Secretary for Administration and Justice, Cheong Weng Chon, and Director of the Gaming Inspection and Coordination Bureau (DICJ), Adriano Marques Ho, announced the new law at the…

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Japanese Government Approves Osaka Plan

 The HALLO ECHO
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  The Japanese government has approved the nation’s first integrated resort plan, equipped with a casino – to be located in Osaka. An expert panel selected to evaluate the proposal from Osaka City and the prefectural governments found the application to have met all requirements. The Osaka IR is set to be developed by a…

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BMM Testlabs Singapore Announces Promotion of Vineet Malhotra to Vice President of Technical Services and Compliance, Asia

 The HALLO ECHO
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  BMM Testlabs, the world’s original gaming test lab and product certification consultancy, is pleased to announce the promotion of Vineet Malhotra to Vice President of Technical Services and Compliance, Asia. Malhotra will report to the Senior Vice President of Operations for the APAC region. Kirk White, Executive Vice President and General Manager, APACAF, commented,:I…

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AIGF to Contest Tamil Nadu Online Gaming Ban

 The HALLO ECHO
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  The All India Gaming Federation (AIGF) has declared its intention to challenge the recently approved bill to ban online gaming in Tamil Nadu, India. AIGF CEO Roland Landers says the organisation will contest the legality of the legislation, arguing that “it conflated games of skill with games of chance.” Landers said that the bill’s…

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