Singapore announces penalties for violating new gambling act

Gambling regulators at Singapore's Ministry of Home Affairs (MHA) are overhauling their country's gaming code with an emphasis on re-defining what is actually gambling and how violators of the Remote Gambling Act should be punished. It's part of a multi-year effort to put the country's gaming code in line with contemporary technology. One of the…

Macau gets one step closer to reopening

One sure bellwether for the global recovery from the pandemic is the health and well being of Macau. The special administrative region, and its wealth of world-class casinos is economic engine that drives huge revenue for Chinese businesses, but has been shut off to foreigners since the pandemic began. This week, The Government Information Bureau…

Coronavirus slams Asian gambling business

The coronavirus that's spreading across Asia, and the rest of the world is having a huge impact on the Asian gambling business and the situation, apparently, is only going to get worse. Chinese gambling workers are being barred from some Asian countries and the casinos in Macau could close down for an indefinite time; and…

Gambling business reacts to Coronavirus crisis

As the coronavirus crisis unfolds in China, it's having a huge impact on businesses of all kinds, including gambling operators. In Asian markets, in particular, gambling operators are taking a hit as China has all but shut down for business during the busy Lunar New Year holiday. Already stocks in companies that run Macau casinos…

Coronavirus impacts gambling biz in person and on the market

The rapidly spreading coronavirus is having a massive impact on the global gambling industry with impact being felt in both land-based casinos and investor's wallets. Across Asia, casinos that would normally be packed with travelers, particularly those in Macau, are seeing a rapid drop in their business. Stock prices for gambling operators who run those…

Cambodia set for 2020 online gambling ban

Cambodian strong man Hun Sen is not relenting on his promise to ban online gambling in his country by January, 2020. It's a move that seems counter intuitive to the layman as it will likely cost the country millions in lost tax revenue and will surely open the door for unregulated gambling activity in the…

Uzbekistan readies legal sports betting for 2021

The president of Uzbekistan is on board with a plan that would allow for regulated sports betting in the country by the year 2021. And while Uzbek officials are excited by the prospects of fresh revenue raised by the effort, they'll be using the money to fund a national soccer program. President Shavkat Mirziyoyev, who…

Chinese government coming down on 'gambling content'

Any many countries across the world illicit gambling comes in the form of an innocuous looking machine that sits in the back corner of the local bodega, pub, or social club. These devices usually track the credits a player earns, which are then cashed in and paid out of the cash register. The degree to…

Malaysian authorities bust massive online gambling operation

Police in Kaula Lampur, Malaysia swooped down on a massive, illegal online gambling operation earlier this week, arresting 100 Chinese nationals in the process. The raid was a mirror image of recent police operations across Southeast Asia as authorities crack down on Chinese organized crime. This week's raid took place in the posh gated community…