Philippines YoY Gaming Revenue Increases As COVID Restrictions Ease
Philippines YoY gaming revenue increases as COVID restrictions ease. Though the sector still has some ways to go, it seems to be moving in the right direction.
Tagged Casino Gambling, International Casinos
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Golden Matrix Group Looking To Expand Into Latin America: Applies For Mexican Gaming License
Golden Matrix Group applies for a Mexican gaming license. Plans are that if GMG successfully gains a foothold in the Mexican market, it will open doors for it branching off into other Latin American territories.
Tagged International Casinos, Online Gambling
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Japan To Track Chip Purchases In Casinos
Although casinos in Japan are still not built, the country immediately suggested some options that would control how much its residents are gambling. One of the ways to do that is to track how many chips every Japanese visitor purchases in casinos. Moreover, this would help the government keep track of the number of overall …
Tagged Casino Taxes, International Casinos, Japan Casinos
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First Licensed Online Casino Launched in Portugal
The very first fully legal and licensed online casino has just been launched in Portugal and seems to already be attracting large crowds of players. The website and enterprise came from a joint venture between GAMING1, a member of the Ardent Group and online casino expert, and the Estoril Sol, part of the group that …
Tagged Estoril Sol, GAMING1, International Casinos, Online Casinos
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Casino Operators in South Australia to Get Hit with Online Wagering Tax
The South Australia casinos and betting companies will soon get hit by a new tax, the “Place of Consumption” tax that will be placed on the revenue generated through their online operations. The State Government decided to impose a 15% tax on these services, and will be the first time anyone has targeted where the …
Tagged International Casinos, Place of Consumption tax, South Australia Casinos
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Macau Casinos Cleared of $100M Money Laundering Accusation
A week ago, an investigation into the accused $100 million money laundering scandal in the Philippines, specifically targeting three casinos in Macau. This would be devastating to the economy as it seems that a large amount of money was funneled through the Rizal Commercial Banking Corp. (RCBC) and was allegedly used to “buy chips” or …
Tagged International Casinos, Macau Casinos
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