Friday, January 22, 2021
Home penalties

penalties

Australia turns up the heat on gambling companies

Australia turns up the heat on gambling companies

Australia is again turning up the heat on gambling companies, this time with a bill that will make them responsible to compensate victims of players who used funds obtained illegally.
Philippines Bureau of internal Revenue

Tax authorities warn POGOs to pay tax before reopening

The Philippines’ Bureau of Internal Revenue has reiterated that Philippine Offshore Gaming Operators (POGOs) need to pay a 5-percent franchise tax before they can resume their operations and denied that the levy was a new cost for business.

SkyCity convention centre faces significant delay after fire

SkyCity’s convention centre is likely to be delayed by at least another year after a fire, leaving commentators scrambling to assess the financial impact.

Local operators criticise new bill for locals ban, fees

Nepal has proposed new regulations to tighten oversight of its casinos, just five years after passing legislation to govern the sector, though some local operators have expressed disappointment at a ban on locals and high fees.

Casino smoking infractions rise

Macau’s casinos registered the largest number of infractions of new anti-smoking regulations in the first quarter, making up 27.8 percent of total cases. Local media...

Casinos allowing minors to enter to lose license: Pagcor

The Philippine Amusement and Gaming Corp has warned that any casinos permitting minors -- under the age of 21 -- into the premises risk...

Cambodia probe could cost Tabcorp upwards of A$120 million; CLSA

The Cambodian bribery allegations could cost Tabcorp up to $120 million (US$90.4 million) in costs and penalties, according to Sydney Morning Herald quoting a...

Crown to contest $250 million tax bill from ATO

Crown Resorts has announced it has received an amended assessment from the Australian Tax Office (ATO) for a total of $250 million (US$178.9 million)...

Wynn concerned about Cotai delays, warns of penalties

Wynn Macau has sent a letter to the contractor developing its $4.1 billion Wynn Palace on Cotai warning of penalty payments should construction milestones...
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.