Asia

Alvin Chau Sentenced to 18 Years in Prison

 The HALLO ECHO
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  Alvin Chau, one of Macau’s high-profile gambling promoters, has been sentenced to 18 years in prison for racketeering and illegal gambling activities. Chau was the former chairman of Suncity Group, a Macau-based company that helped promote gambling by lending credit to high rollers. Macau is the only region in China where gambling in casinos…

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House of Representatives Votes to Explore Possibility of Casino-Entertainment Zone in Thailand

 The HALLO ECHO
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  The House of Representatives has voted in favour of a special committee’s report in exploring the opportunity of setting up a casino-entertainment zone in Thailand. After a three-hour meeting, the report was passed with 310 votes for, and nine votes against. The report, which was prepared by the special committee set up in December…

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Esports athletes & Gamers met Hon’ble MOS (MeitY) Shri Rajeev Chandrashekhar to review online gaming rules

 The HALLO ECHO
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  Led by Rajeev Chandrashekhar, Minister of State for the Ministry of Electronics and Information Technology, MeitY held a very meaningful & successful consultation with children, parents, teachers, esports athletes, gamers, and safety and trust organizations on the proposed amendments to the IT Rules 2021 in relation to online gaming on Wednesday 11th Jan at…

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Cambodia Implements New Taxation Regime for Commercial Gambling Establishments

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  Cambodia has started to implement a new taxation regime on commercial gambling establishments, on a self-declaration basis. The new regime encompasses a revenue-based tax rule and procedures, following a lump sum-based regime which had been in place for decades. The gambling establishments are also required to follow the International Financial Reporting Standards, governing how…

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India: MeitY Releases Draft Amendments to the IT (Intermediary Guidelines & Digital Media Ethics Code) Rules, 2021 in Relation to Online Gaming

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  The Ministry of Electronics and Information Technology released draft amendments to the IT intermediary rules 2021, pertaining to Online Gaming for public consultations. The draft has been prepared to ensure that online games should be offered in conformity with Indian laws and that the users of such games be safeguarded against potential harm. On…

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India: Panel Tasked with Submitting a Report on iGaming Taxation Proposal Yet to Submit its Findings

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  A panel of Indian state finance ministers tasked with submitting a report on proposed taxation of the booming iGaming sector has yet to submit its findings. The report is crucial to a final decision on how the levies should be imposed, a senior government official said. However, the panel is unlikely to reach a…

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