February 25, 2018 | Edition Nº3432
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To spur tourism and boost revenue
Myanmar: ministries seek to legalize gambling
Myanmar | 22/02/2018
To develop business across all segments in Russia and the FSU
Innovative Technology welcomes Georgiy Frolov as Business Development Manager
"As well as promoting ITL to new customers Georgiy will also assist existing customers in Russia to ensure they continue to receive a high level of customer service. Georgiy is settling in well," commented Thorsten Labusch, VP of Sales & Business ...
Russia | 22/02/2018
The company's operating profit also decreased 15.3 percent
MGM China profits slightly lower than analysts estimates
The Macau casino operator has posted net profits of HK 2.3 B (USD 294 M) for 2017, down 23 percent from 2016 narrowly missing analysts expectations of HK 2.4 B (USD 306.7 M) in a Reuters poll.
Macau | 20/02/2018
Taxes may reach 50 percent for highest-income resorts
Japan considers 30 per cent tax rate on casino revenue
The government believes the casino tax rate in Japan should be set at a level that secures adequate funding for social security provisions and measures against gambling addiction, while helping casinos survive in competition against those overseas.
Japan | 20/02/2018
There are currently 55 POGO licensed operations in the country
Online casino operator Oriental Game foresees 'strong growth' for Philippines' e-casinos
Earlier in the year, Pagcor Chairman Andrea D. Domingo said that government revenue from POGO is expected to nearly double this year from P3.4 billion in 2017 to P6 billion. This may be boosted by foreign online casinos from Greece, Malta, among ...
Philippines | 19/02/2018
It would not apply to foreigners
Japanese government seeks to limit casino visits to 10 per month
The country's government announced Thursday a plan under which Japanese gamblers will only be allowed to enter casinos up to 10 times per month, as part of a set of measures aimed at preventing gambling addiction.
Japan | 15/02/2018
A USD 3.4 B resort
MGM launches new casino resort in Macau
MGM Cotai, the luxurious multibillion-dollar resort casino, opened its doors on Tuesday evening in the southern Chinese gambling haven. It represents a big bet by Las Vegas-based company since gambling licenses expire in as little as two years in ...
Macau | 14/02/2018
By February 14
Wegan to be taken over by Hong Kong hotel and casino company
Dave Whelan, the owner of the professional association football club is about to sell it to the International Entertainment Corporation (IEC) which operates in the Philippines.
Philippines | 12/02/2018
In Hong Kong
Wynn Macau shares rise 8% after CEO resigns
After founder Steve Wynn left his post as chairman and CEO of Wynn Resorts, shares in the casino operator's subsidiary in Macau jumped to HK$27.00 (USD 3.5) on Thursday.
Macau | 09/02/2018
2018 saw the celebration of the 11th edition of IGA
Melco Resorts granted Top Gaming Operator at International Gaming Awards 2018
"The esteemed award from the IGA is a testament to Melco's tireless efforts to deliver unrivalled and innovative gaming resort services. The award is especially significant to us for its close alignment to Melco's mission: To shape the future of ...
Hong Kong | 09/02/2018
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