BLITZ ON THE WAY FOR CHINESE ONLINE GAMBLING
29th March, 2017 at 08:27:22
Government plans to crack down hard on online casinos and foreign land operators targeting Chinese high rollers.
According to reports in China's state media the government is planning a major clampdown on attempts by foreign land casino operators to lure high rolling Chinese punters to their casinos, and on the growing problem of illegal online gambling on the mainland.
Full Story: Blitz On The Way For Chinese Online Gambling »
NEVADA GAMBLING REVENUES FOR FEBRUARY RELEASED
28th March, 2017 at 19:47:54
Not the best February - 4.5 percent down year-on-year.
The Nevada regulator has released revenue numbers for February 2017 which, at $945.5 million are down 4.5 percent on the $989.9 million achieved in corresponding period in 2016.
Full Story: Nevada Gambling Revenues For February Released »
OURGAME LOOKS TO GLOBAL EXPANSION
27th March, 2017 at 13:46:09
Particularly within social casino and eSports sectors.
Beijing-based gaming firm, Lianzhong is eyeing expansion in the US social casino and eSports sectors through its Ourgame division, according to a regulatory filing published this week, SCMP reports.
Full Story: Ourgame Looks To Global Expansion »
CHINA'S TIGHTER CONTROLS ON CAPITAL RESULT IN MAJOR DROP IN OUTGOING INVESTMENT
21st March, 2017 at 11:24:11
Foreign companies likely to feel the impact as Q1-2017 sees a significant 74 percent decline in outgoing investment capital.
The Chinese government's tightened controls on capital as it struggles with a sluggish economy will likely impact nations, especially emerging economies, and companies outside the massive country, according to a report by risk consultants Steve Vickers & Associates.
Full Story: China's Tighter Controls On Capital Result In Major Drop In Outgoing Investment »
LAND CASINO INVESTOR BUYS MOBILE APP COMPANY
20th March, 2017 at 07:18:24
Is Amax planning on expanding its land asset?
News from Asia breaking over the weekend is that land casino investor Amax Holdings, which owns about a quarter of the equity in Macau's Greek Mythology Casino, has bought general mobile apps developer Mobile Games Apps for a a total consideration of $27 million in shares from owners Patrick Wah Poon and Ng Wing Ki Kristy.
Full Story: Land Casino Investor Buys Mobile App Company »
96 ALLEGED CHINESE HACKERS ARRESTED
12th March, 2017 at 07:47:08
Police raids across 14 provinces.
The Chinese police have reported the arrests of 96 hackers in a massive police action across 14 provinces, with spokesmen revealing that the suspects are highly educated technicians who gained access to vast amounts of private information that included account passwords and ID numbers.
Full Story: 96 Alleged Chinese Hackers Arrested »
CEZA REITERATES ITS DENIAL THAT IT AUTHORISED JACK LAM ONLINE GAMBLING OPERATIONS
10th March, 2017 at 10:19:28
Authority issues statement responding to Pagcor allegations.
The online gambling feuding in the Philippines continued this week as the Senate wound up its extensive enquiry into the online gambling affairs of Macau mogul Jack Lam, and the Philippine Amusement and Gaming Corporation (Pagcor) alleged that "the government has been losing at least P6 billion annually from unregulated online gaming franchises granted by CEZA such as the shuttered operations of fugitive Jack Lam."
Full Story: Ceza Reiterates Its Denial That It Authorised Jack Lam Online Gambling Operations »
PHILIPPINES SENATE ENQUIRY CONCLUDES (Update)
10th March, 2017 at 10:19:28
Senior Immigration duo come in for criticism, but other parties accused of improper conduct appear to escape largely unscathed.
Thursday saw the conclusion of the extensive Philippines Senate enquiry into the Jack Lam affair, in which members of the panel had to sift through a morass of bribery and corruption accusations and counter-accusations against senior government figures, foreign operator and gambling mogul Jack Lam and a so-called "facilitator" of an alleged P50 million bribery scandal, along with evidence from an extensive list of witnesses (see previous reports).
Full Story: Philippines Senate Enquiry Concludes (update) »
MACAU REVENUES HIT TWO-YEAR HIGH IN FEBRUARY
01st March, 2017 at 09:10:06
Recovery continues after prolonged anti-corruption drive by central Chinese government.
The month of February 2017 has seen a continuation in the improved revenues flowing from gambling operations on Macau, with the latest numbers from the regulator published Wednesday revealing that revenue hit a two-year high by the end of the month, underlining the steady recovery from a three-year drought created by an economic slowdown in China and restrictions imposed on gamblers and travellers by the central government.
Full Story: Macau Revenues Hit Two-year High In February »
PHILIPPINES POLICE DETAIN MORE CHINESE ONLINE GAMBLING EMPLOYEES
28th February, 2017 at 11:29:05
DANCING DRAGON SPRING FESTIVAL FROM PLAYSON
27th February, 2017 at 22:47:21
FENWAY GAMES LAUNCH SNAPPLAY ON HQ SPORTS
27th February, 2017 at 15:39:52
Penetrates Chinese sports market.
UK-based mobile and social sports games developer Fenway Games is set to launch SnapPlay on China's social media sports platform HQ Sports following a deal with Haiqiu Technology.
Full Story: Fenway Games Launch Snapplay On Hq Sports »
DUBLIN GAMES DEVELOPER ANNOUNCES NEW PRODUCT
16th February, 2017 at 06:54:37
Kama Games adds Baccarist to its range of social gaming products.
Dublin-based mobile social games developer Kama Games has announced the launch of Baccarist, an all-new 3D Baccarat game and the latest addition to the company's portfolio of iOS and Android social casino titles.
Full Story: Dublin Games Developer Announces New Product »
CHINESE CLAMPDOWN ON HIGH ROLLERS IMPACTS AUSSIE LAND OPERATORS
16th February, 2017 at 06:54:37
17 Crown employees remain incarcerated in China months after being arrested.
Australian land casino operators are taking a far more cautious approach to attracting Chinese high rollers following the arrests of 15 Crown Resorts Chinese employees and three visiting Aussie execs last year and their continued incarceration (see previous infoPowa reports), but the Chinese clampdown on big spenders is in any case impacting business.
Full Story: Chinese Clampdown On High Rollers Impacts Aussie Land Operators »
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HABANERO LAUNCH KOI GATE SLOT
16th February, 2017 at 05:03:31
Habanero has launched " Koi Gate ", a beautifully rendered, graphic-rich slot showcasing the serenity and beauty of Asian culture.
Full Story: Habanero Launch Koi Gate Slot »