Illegal Gambling and Money Laundering Lead To Large Crime Bust in Singapore

Authorities inward Singapore experience crushed up a large crook pack that made a living operating illegal play platforms and laundering money. The seizures of cash in constabulary made make led it to follow called ane of the largest police force actions inward the country’s history. The Singapore Police Force…

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Philippine Senator Questioned Over Alleged Family Ties to China and Gambling Project

The Republic of the Philippines gaming industry has come in under discharge recently, mainly over controversies surrounding Filipino Offshore Gaming Operators (POGO). Leading the defend to eradicate them, as advantageously as perchance all online gaming, has been Senator Sherwin Gatchalian. He now faces a argument of his possess as questions…

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PAGCOR Admits Failures in Monitoring POGOs, Strengthens Crackdown

The Philippine Amusement and Gaming Corp (PAGCOR), the country’s gaming regulator and stream manipulator of state-run casinos, is fulfilling a hope it made to a lesser extent than a month ago. In an travail to clean upwardly the Filipino Offshore Gaming Operator (POGO) space, all POGOs must now go…

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Imperial Pacific International Settles Debt as It Tries To Keep License

Imperial Pacific Ocean International (IPI) is trying desperately to cleave to its gambling casino exclusivity in Saipan, yet though its Imperial Palace gambling casino isn’t operational. As it does, it has reportedly paid away ane of its monolithic bills, although it noneffervescent owes millions of dollars to capture come…

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Macau Searching for Las Vegas-esque Revenue Mix

Of the world’s major gambling casino markets, Macau is the to the highest degree subordinate on gaming revenue. Authorities in that respect require to alteration that. The desire of Chinese and Macanese officials to broaden the special administrative region’s (SAR) saving and get it to a lesser extent…

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Las Vegas Sands Has Catalysts, Momentum, Says Analyst

It’s trading take down today next a solid second-quarter earnings story delivered belatedly Wednesday, but Las Vegas Sands (NYSE: LVS) stockpile still has fans on Wall Street. Those include Stifel analyst Steven Wieczynski, who inwards a take down to clients, reiterated a “buy” rating on the shares spell lifting…

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PAGCOR Has Big Plans for Online Gambling in the Philippines, Puts POGOs on Notice

A lot of details around the hereafter of gambling in the Philippine Islands are coming to light through the Global Gaming Expo (G2E) Asia breast in Macau. The Philippine Amusement and Gaming Corp. (PAGCOR), the country’s gaming regulator and cassino operator, plans on making substantial changes to the online…

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Imperial Pacific International Assets at Saipan Casino are Rapidly Disappearing

At the destruction of May, Joshua Gray, a former executive at Imperial Palace inward Saipan, won a $5.68-million secernment case against the casino’s owner, Imperial Pacific International (IPI). His betting odds of receiving the money were worsened than winning the lottery, and a judge is now going to…

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Okada Manila Attempts to Scrap SPAC Deal as 26 Capital Balks

Universal Entertainment and other entities with ties to Okada Manila are attempting to scrap a merger with Capital Acquisition Corp. (NASDAQ: ADER), but Jason Ader’s blank-check companionship is planning on moving forward with the transaction. In a new regulatory filing, Japan-based Universal listed Friday, June 30 as the conclusion…

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Macau Casinos Win $1.88B in June, Lower Than May But Second-Best Month Post-COVID

Macau casinos inwards June 2023 generated receipts gaming revenue (GGR) of MOP15.21 1000000000 (US$1.88 billion), a 2.3% month-to-month wane but ease the market’s second-best month since January 2020. Macau, the only property in People's Republic of China where gambling casino play is allowed, only late…

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