The Ministry of Finance of the Russian Federation published a bill “On Digital Financial Assets”, which defines the status of the digital currency, mining, tokens and ICO in Russia. According to the draft law, only legal entities will be able to handle cryptocurrency. Cryptocurrency will not be an official means of payment: “digital financial assets […]
The number of junket operators in Macau has shrunk by 12.8 percent over the past year, according to a list published by the DICJ. The number of licensed operators dropped to 109 from 125 in January last year. Of the total 99 were companies and 10 were individuals… Read more
MGM China has delayed the opening of its new Macau integrated resort, MGM Cotai, until February. In an announcement to the Hong Kong Stock Exchange on Thursday afternoon, the company said it was “undergoing the administrative approval process of obtaining relevant licenses to operate MGM Cotai. As a result, it is now expected that the […]
Sands China will shut down operations at its Holiday Inn hotel towards the end of 2018 as it begins the transformation of Macau integrated resort Sands Cotai Central into its new themed property The Londoner Macao. But the company doesn’t expect casino operations to be heavily impacted, adding that it will simply move operations back […]
Philippine gaming regulator Pagcor has promised to actively enforce a provision in its Responsible Gaming Code of Practice that stipulates a Php100,000 (US$1,967) fine for any government official or employee found to have played in one of the country’s casinos. The warning followed a special event hosted by Pagcor and the Philippine National Police (PNP) […]
