Friday, December 4, 2020
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India lottery

India’s Supreme Court upholds GST on lotteries

India’s Supreme Court has dealt a blow to the country’s lottery business, upholding the constitutional validity of imposing a General Services Tax (GST) on sales and winnings of lottery tickets.
Tomakomai proponents continue IR push

Tomakomai proponents continue IR push

If an IR is one day built in Tomakomai city, it will certainly be due to the dogged persistence of its municipal government, which has put forward yet another set of proposals to sweeten the pot and to encourage Hokkaido Governor Naomichi Suzuki to change his mind and authorize an IR licensing bid.
Jay Chun

Jay Chun on the changing face of Paradise

Paradise Entertainment, like the majority of the companies in the global gaming industry, has been hit hard by the pandemic, but has taken measures to reduce costs and is counting on technology and new products to help drive the rebound.
Paradise Co. records deteriorating sales figures in November

Paradise Co. records deteriorating sales figures in November

Paradise Co. has turned in its November sales figures, and they are quite grim. Casino net revenues for the month reached only KRW9.74 billion (US$8.9 million), down 85.4 percent from the previous November’s figure.
Summit Ascent's Tigre de Cristal

Staycations to benefit Summit Ascent in short term

Locals seeking staycations are likely to provide strong support for Summit Ascent in the short term until international travel resumes, Citic Securities analysts wrote in a note.
Japan IR candidates

Joji Kokuryo provides tour of Japan IR candidates [Podcast]

Joji Kokuryo, managing partner of Bay City Ventures, speaks with Michael Penn, the executive editor of AGB Nippon, about the candidate locations to host an IR in Japan.
digital wallets and crypto

E-wallets, crypto, fill online payments gap in Japan

Japanese online casino operators are increasingly turning to cryptocurrency and digital wallets to solve their payment problems over traditional methods.
CNMI on path to legalize online gambling

CNMI on path to legalize online gambling

The CNMI Senate passed on a 6-1-1 vote a bill that would legalize and regulate the creation of an online gambling industry on Saipan, Tinian, and Rota.

Macau’s November GGR triggers estimate cuts

Macau’s monthly revenue disappointed to the downside again in November, prompting another round of estimate cuts and further pushing out the prospects for a full recovery.
Macau Labor

Jury still out on Macau labor recovery [Infographic]

It's still unknown whether Macau's gaming sector is on the path to recovery, with conflicting reports over the last month signaling both good and bad news over the medium term. 
Solid Gaming

Knowledge trumps content in Asia’s complex i-gaming world

In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge. 

Instant and secure deposits

AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.

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...

TRENDING ARTICLES

Offshore casinos allowed to remain on River Mandovi

Coronavirus live updates: Goa offshore casino staff test Covid-19 positive

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
Ho Iat Seng

Macau gaming law revision not likely until late 2021

Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry. 
Suppliers get igaming boost

Suppliers get igaming boost

Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.

BBIN becomes official igaming partner of Atletico Madrid in Asia

BBIN said it has become the Official iGaming Supplier Partner of Atlético de Madrid in Asia.
India lottery

India’s Supreme Court upholds GST on lotteries

India’s Supreme Court has dealt a blow to the country’s lottery business, upholding the constitutional validity of imposing a General Services Tax (GST) on sales and winnings of lottery tickets.

India’s Supreme Court upholds GST on lottery sales

India's Supreme Court has rejected a petition by Skill Lotto Solutions against the government's decision to impose a general sales tax of 12 percent on lottery tickets. That tax rises to 28 percent if the tickets are sold to someone in another state.