Australia’s financial crimes watchdog AUSTRAC has declared the management of gaming junkets regarding money laundering is the responsibility of casino operators and not the regulator.
Tokyo Metropolitan Police has raided an illegal casino in the Kabukicho red-light district and arrested three people, including 39-year-old Masayuki Miwa, who’s suspected to have ties with criminal syndicate the Yamaguchi-gumi.
Grand Korea Leisure Co Ltd (GKL), operator of South Korea’s foreigner-only casinos, reported November sales to be KRW5.49bn ($5m), a 50% drop from October’s sales and 88% year-on-year decline.
Akira Amari, the head of the Liberal Democratic Party’s Research Commission on the Tax System, stated the winnings earned in Japan’s IRs will be tax-exempt for foreign gamblers.
Bet High Kenya Ltd, a Kenyan company licensed by the Betting Control & Licensing Board (BCLB), announced it has launched its online sports betting with Betsafe. According to the statement, Bet…
Spanish gambling industry association, Cejuego, and the University Carlos III of Madrid have presented a study of the gaming industry in Spain titled the Spanish Gaming Yearbook for 2020. It presented Spain’s gaming…
Chinook Winds Casino Resort in Lincoln City, Oregon, announced a voluntary closing of its casino and hotel. The temporary closure started on 1 December, with an additional day given for…
Grand Korea Leisure Co (GKL), a foreigner-only casino operator in South Korea, announced the closure of the Busan Lotte venue as pandemic cases in the country grows.
RGB International Bhd, an electronic casino games and services supplier, reported revenue of MYR39.9m ($9.8m) for Q3 that ended on September 30. It’s a 64% decline from MYR111.6m reported for…
Kingston Financial Group reported revenue for the six months that ended on September 30 was HKD1bn ($129m), a 27% drop from HKD1.4bn for the same period last year. Profit was…