Kansspelautoriteit (KSA), the Netherlands gambling regulator, stated the temporary leniency it extended towards online bingo during COVID-19 lockdown will end on 1 July.
Philippine casinos earned PHP45.40bn ($910.8m) in gross gaming revenue (GGR) for Q1 2020, according to data published by the Philippine Amusement and Gaming Corp (PAGCOR).
Casinos operating in Asia-Pacific (Apac) markets will likely face a drop in EBITDA. Moody’s Investors Service Inc suggested the market with experience a “fall around 70% in 2020 before a…
The Philippine government announced that offshore gaming operators who failed to pay their taxes won’t be allowed to operate. Presidential spokesperson Harry Roque stated the Government “would not allow POGOs with unpaid taxes…
Travellers International Hotel Group, a Resorts World Manila operator, experienced a 35% decline in net profits in 2019, earning only Php945m ($18.9m) despite the increase in gaming revenues and the…
Emperor Entertainment Hotel Ltd announced a drop in net profits for the financial year which ended on 31 March. The operator manages two hotels in Macau and recently reported a…
Imperial Pacific International continues to experience money troubles and recently signed a Memorandum of Understanding with a “strategic partner” - Zhongfeng International Investment Holdings Group Co Limited. The partner is to purchase…