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Singapore Government Looks to Consolidate Casino and Gaming Regulations

Singapore casinos regulations Japan

Singapore Second Minister for Manpower and Home Affairs Josephine Teo said this week the country needs to consolidate its casino and gambling regulations in order to protect the industry that provides critical revenue to the federal government. Appearing at an event celebrating the 10-year anniversary of the Casino Regulatory Authority (CRA), Teo said it’s time…Read More

Loot Boxes Are Gambling, Top Video Game Titles Illegal, Say Dutch Authorities

Loot boxes are gambling says Dutch regulator

The Dutch gaming regulator Kansspelautoriteit (KSA) has said that loot boxes where rewards are determined by chance and prizes can be traded outside the game constitute illegal gambling and that many popular titles are currently breaking the law. The regulator said that developers have been told to adapt the games by June or face a…Read More

Macau Junket Suncity Group Behind $4 Billion Vietnam Casino Resort

Suncity Group Vietnam casino resort

Suncity Group, one of Macau’s most successful junket operators, is taking some of its profits and leading a $4 billion casino resort development project in Vietnam. Along with two investment firms, Suncity is developing a two-mile stretch of coastline in central Vietnam. The 2,400-acre integrated casino resort complex is to feature retail shopping, restaurants, golf…Read More

Connecticut Tribes Need Federal Approval for East Windsor Casino, State AG George Jepsen Says

Connecticut tribes East Windsor casino

The Connecticut tribes jointly constructing a satellite casino in East Windsor must obtain federal approval from the US Department of the Interior (DOI) and Bureau of Indian Affairs (BIA), the state’s attorney general declared this week. At the request of Connecticut House Speaker Joe Aresimowicz (D-Berlin/Southington), Attorney General George Jepsen opined this week that the…Read More

Pennsylvania Casinos Set Monthly Record, Join Maryland, Ohio, and Michigan in Posting New Highs

Pennsylvania casinos monthly record

Pennsylvania casinos generated more than $300 million in gross gaming revenue (GGR) last month, the first time in state history that the threshold has been passed. The Pennsylvania Gaming Control Board (PGCB) released final numbers this week that showed gross table game revenue at $79.54 million in March, and slots accounting for $221.35 million. Combined,…Read More

Galaxy Entertainment Reportedly Searching for New Casino Site After Boracay Plans Bust

Galaxy Entertainment Boracay Island casino

Galaxy Entertainment is reportedly searching for a new spot to build its next casino resort after its $500 million plans on the Philippines’ Boracay Island recently came to a screeching halt. The Hong Kong-based casino operator led by billionaire Lui Che Woo is allegedly taking his half of a billion dollars and looking for a…Read More

SunBets Fined £84,000 Over ‘Piegate’ Scandal

SunBets Fined Over Piegate

SunBets, the betting arm of British tabloid The Sun, has been fined £84,000 ($120,000) over an overweight semi-professional soccer player’s decision to eat a meat pie . It was an incident that left a bad taste in the mouth not just of the player in question but also the UK Gambling Commission, which has warned…Read More

Players’ Unions Demand Seat at Sports Betting Table, Further Expands Regulatory Complexities

players' unions sports betting PASPA

The players’ unions representing the NFL, MLB, NBA, and NHL said in a joint statement this week that its members should have a voice in determining the future of sports betting laws should a change come to the current federal ban. “Given the pending Supreme Court decision regarding the Professional and Amateur Sports Protection Act…Read More

Melco Would Invest ‘More than $10 Billion’ on Japan Integrated Resort

Melco CEO Lawrence Ho

Melco Resorts invested $10 billion in Macau when it built the City of Dreams and Studio City integrated resorts, but it would invest more in Japan if it is awarded a license, Melco CEO Lawrence Ho promised this week. “If we are lucky enough to be selected for one of the major cities, we will…Read More

PGA Tour Commissioner Voices Support for Legalized Sports Betting

PGA Tour sports betting PASPA

PGA Tour Commissioner Jay Monahan revealed this week that should a change come to the current federal sports betting ban, the professional golf organization would embrace allowing wagers to be placed legally on its tournaments. Speaking with USA Today SPORTS, Monahan’s comments are the first public revelation made by the commissioner in regards to the…Read More

Morgan Stanley: Japanese Casino Market to Hit $15 Billion Valuation

Japanese casino market to be worth $15 billion

The Japanese casino market will be worth $15 billion per year by 2025, according to revised figures from Morgan Stanley. The new estimate is based on recent legislative agreement on the size of the market and other key issues, such as taxation. The US investment bank had previously suggested the value of the market would…Read More

US State Department Accuses Philippine Casino Sector of Ongoing AML Deficiencies

Philippine casino sector

The Philippines has tightened anti-money laundering (AML) controls at its casinos, but the gaming sector is still guilty of “ongoing deficiencies,” according to the recent US State Department’s Narcotics Control Strategy Report. These include the liberal acceptance of proxy betting and the sector’s high transaction reporting threshold of $100,000. The annual State Department report is…Read More

Historical Horse Racing Terminals Officially Legal in Virginia, Governor ‘Pleased’ to Sign Bill

historical horse racing machines Virginia

Historical horse racing terminals will soon come to Virginia and assist in the reopening of the Colonial Downs racetrack 30 miles east of Richmond. Governor Ralph Northam (D) signed House Bill 1609 on Monday to legalize the instant racing devices that some say too closely resemble slot machines. The bill allows historical racing terminals to…Read More

Swiss Politician Claims Casino Bribed Him for Support in ISP Blocking Referendum

Swiss ISP blocking referendum

Swiss member of parliament Marcel Dobler claims he was offered a seat on the board of an unnamed land-based casino, a gesture he interpreted as a bribe for his vote in the country’s forthcoming referendum on blocking online gambling sites. Dobler, who represents the Free Democratic Party (FDP) had voted against the country’s controversial ISP…Read More

Pachinko Gets Caught in Cross Hairs as Japan Regulates Casino Resorts

Pachinko in decline

With the global gaming industry holding its collective breath while Japan’s lawmakers craft regulations for the country’s impending integrated casino resorts, pachinko parlors may be facing extinction. The colorful, noisy gaming arcades line the streets of almost every town and city in Japan. Although increasingly: less so. New analysis by the Tokyo-based Yano Research Institute…Read More