Northern Mariana Islands and Imperial Pacific accuse each other

Imperial Pacific demands reducing its gambling fees of $15.5 million in 2020, CNMI Governor threatened that if licence fee is not paid, the IPI licence will be suspended or revoked The Commonwealth of the Northern Mariana Islands (CNMI) is an autonomous state of the United States, located in a strategic location in the Western Pacific. It…

PAGCOR extends deadline for Landing International IR

PAGCOR extended Landing International Development deadline for finding new land on which to develop a planned IR in Manila Deadline for finding new land for the Landing International Development Ltd had to be extended due to COVID-19. Inside Asian Gaming Reported that the company had planned to develop an integrated resort in Manila’s Entertainment City.

South Korean lawmakers push for online horse bets

Lawmakers from the Democratic Party have submitted a bill to the National assembly to allow online betting for horse racing in South Korea  This bill could provide financial lifeline to the domestic horse racing industry after being in suspension from February to June due to the coronavirus pandemic.  

NagaCorp casino net profit jumps to US$20.6 million in 1H20

Cambodia’s business volumes are showing a rapid recovery  Hong Kong-listed NagaCorp was one of the only operators for land-based casinos that still managed to make a profit in the first half of 2020. Although they had to shut down in March, the Casino complex in Phnom Penh Cambodia brought its 20.6 million USD profit in H1. GGR came in at US$372 million, more…

Mozambique to reopen land-based casinos from September

Mozambique aims to reopen casinos beginning September 1st in bid to resume social and economic activity following a new phase in the easing of COVID-19 preventative measures The novel COVID-19 pandemic has triggered a world-wide crisis and has shaken the gaming industry. With the tourism industry dormant, many countries face challenges trying to rebuild the economy.  

Betting and Gaming Council on Welsh casino reopening

Wales announced the reopening of its casinos from the 29th August, stressing on the importance of social distancing and other precautions in the midst of the novel COVID-19 pandemic The Betting and Gaming Council (BGC) applauds the decision of the Welsh Government to give casinos the green light to re-open and hails it as “the right move”. As usual, casinos will need…

Looming layoffs for Jeju casinos employees

Casino employees at Jeju Island, the a semi-autonomous region off the coast of South Korea, are bracing for possible lay off amid the novel COVID-19 pandemic Businesses in South Korea have received employment assistance from the government in support for the on–going coronavirus pandemic, however, casinos are excluded from such support putting some employees at risk for lay-off. 

Imperial Pacific Int. vs Commonwealth Casino Commission

Commonwealth Casino Commission of Saipan issues final warning to Imperial Pacific International (IPI) to push for a timely payment of its annual licence  The Northern Mariana Islands is an autonomous state of the United States of America, located in a strategic location in the Western Pacific. It includes 15 islands with Saipan island as the capital. Saipan’s economy had been sluggish for many years until…

Unemployed father wins $5.8 million with Lotterywest

He checked his ticket after seeing there was a missing winner and was told the unbelievable news that he was now a millionaire Many have had to confront the sad truth of losing their current positions at work because of the current pandemic struggle.

Sun International to sell Sun Dreams to partner, ending dispute

Chile’s Pacifico has reached a settlement with Latin American casino operator Sun Dreams to purchase the entire stake held by Sun International’s subsidiary, Sun Latam  Nueva Inversiones Pacifico Sur Limitada has agreed to buy a 65 per cent stake in casino operator Sun Dreams for 160 million USD from South African partner Sun International.