Asia NEWS

Bloomberry secures $1.25 billion refinancing deal

Bloomberry Resorts Corp. has secured a $1.25 billion syndicated refinancing facility. This strategic move aims to enhance the company’s financial flexibility, reduce interest rates, and support long-term growth projects such as the Solaire Resort & Casino expansion and the Cavite project.

Vietnam cracks down on $72 million illegal gambling ring

Vietnam’s ongoing efforts to combat illegal gambling have gained significant attention with the recent dismantling of a $72 million online gambling network in the southern province of Ben Tre. As announced by the news outlet VN Express, authorities arrested 12 individuals as part of an extensive investigation into illegal gambling activities.

SiGMA partners with PAGCOR for second Land-Based Retreat 

Taking place alongside the SiGMA Asia event, and held in partnership with PAGCOR, this exclusive retreat will gather 120 leading land-based gaming operators, creating an unmatched networking and knowledge-sharing experience in the heart of the Asia-Pacific region.

Suntrust selects IGT as gaming contractor for Westside City project

Suntrust names IGT as the gaming contractor for the Westside City project, which is scheduled to open in the first quarter of 2025.

UNODC report warns of online gambling risks in Southeast Asia

Transnational criminal groups are becoming a major global threat, with a recent UNODC report revealing the rise of organised crime in Southeast Asia.

WorldMatch announces partnership with KGI to enter Philippine market

WorldMatch announces partnership with KGI, marking a significant milestone in its expansion into the Philippine market.

38 foreigners arrested in suspected illegal POGO hub in Central Philippines  

At least 38 undocumented Chinese nationals were detained following a raid on a small resort in Moalboal, Cebu, a town in Central Philippines. The resort, known for its diving spots, was suspected of being used as a hub for illegal Philippine Offshore Gaming Operators (POGO).

China, Cambodia strengthen alliance to combat online gambling and cybercrime 

China and Cambodia have deepened their cooperation in tackling cross-border crimes, particularly focusing on online gambling and cyber scams. This renewed commitment was solidified during a meeting between Chinese Premier Li Qiang and Cambodian Prime Minister Hun Manet on the sidelines of the ASEAN Summits in Laos.

Sam Hou Fai elected as Macau’s Chief Executive   

Sam Hou Fai, the former chief judge of Macau, has been elected as the next Chief Executive of the region, securing an overwhelming majority in the recent election. With 394 out of 398 votes cast in his favour, Sam is set to assume office on 20 December, replacing Ho Iat Seng, who stepped down due to health reasons.

Macau International Airport eyes to connect with US, Europe 

Macau International Airport (MIA) is actively seeking to expand its international routes, with plans to connect the Macau Special Administrative Region (SAR) to the United States and Europe. The airport operator revealed this in an update following the recent Golden Week holiday, during which MIA witnessed significant passenger and aircraft movements.