MGM Resorts recently announced two significant executive appointments. Ayesha Molino has been appointed as the new Chief Operating Officer, and Gary Fritz has taken the role of Chief Commercial Officer and President of Digital Business. These personnel changes, all from within the group, reflect the
Recently, market news reported that the Philippines' leading online gaming operator, DigiPlus Interactive Corp. (PLUS), is in negotiations with MGM's Melco Resorts & Entertainment to acquire its shares in the City of Dreams Manila integrated resort. The resort is currently co-operated by Melco and S
The acquisition plan of the emerging online gambling platform Playtime in the Philippines has recently encountered changes. The company originally planned to enter the Philippine Stock Exchange by acquiring PhilWeb Corp., but due to a significant increase in the target company's stock price, the tra
The legislative process of Thailand's "Entertainment Complex Act" is currently on hold, but industry experts point out that with changes in Thailand's political situation, the bill may still be brought back to the agenda in the future. Lau Kok Keng, a gambling law expert and partner at Rajah & Tann
On the early morning of September 19, Philippine law enforcement agencies took action and deported 91 Chinese nationals back to Shanghai. According to official information, these individuals were suspected of involvement in illegal POGO gambling operations, cross-border fraud, and related criminal a
The online gambling industry in the Philippines is undergoing a significant transformation. The latest industry analysis shows that among the 64 operators holding official remote gambling licenses in the country, only about one-third are maintaining stable profitability, while the rest face challeng
Recently, the judicial authorities in Chongqing made a judgment on a case of cryptocurrency theft, sentencing three defendants to fixed-term imprisonment for illegally stealing cryptocurrencies worth 370,000 yuan, including USDT. This case is considered the first criminal judgment on USDT theft in t
Sports media and betting operator LiveScore Group recently announced a strategic partnership with the X platform (formerly known as Twitter) and its xAI subsidiary. Through this collaboration, LiveScore will gain access to X platform's data and content APIs, enabling real-time conversations about sp
Sri Lanka's cabinet recently approved the 2025 budget, announcing adjustments to the tax policy for the gambling industry. According to the new regulations, the tax on gambling and gaming will be increased from 15% to 18%, and the entry fee for casinos for the country's citizens will be raised from
Philippine gaming operator DigiPlus Interactive Corp recently announced an industry innovation initiative. The company operates the BingoPlus and ArenaPlus platforms and has now partnered with the Philippines' leading insurance company PhilFirst to launch a protection plan for gaming user funds. The
As the UEFA Champions League officially kicks off, the German Sports Betting Association (DSWV) recently issued a warning to bettors to identify legitimate operating platforms. The agency pointed out that there are currently only 34 licensed sports betting websites in the German market, while the nu
Missouri's sports betting market is about to reach a significant milestone. According to the latest announcement from the state's Gaming Commission, the sports betting operations are expected to officially start on December 1st, with ten operators having submitted their applications for operating li
The well-known Philippine hotel group, Travellers International Hotel Group, recently announced a major investment plan, which will launch two new casino resort projects in Mactan, Cebu, and Boracay Island by 2026. The group's parent company, Alliance Global Group Inc. (AGI), plans to invest 39.7 bi
The licensing process for casinos in New York State has entered a critical phase, with two highly anticipated casino projects—Metropolitan Park in Queens and MGM Empire City in Yonkers—having completed their second round of public hearings this week. These projects are currently awaiting the decisio
Recently, the American fintech company Robinhood filed a lawsuit in the Massachusetts state court, seeking to prevent the state's Attorney General and the Gaming Commission (MGC) from enforcing state-level regulation on its sports prediction market business. This action is seen as the latest manifes
The Philippine National Police reported on Wednesday that they successfully thwarted an attempt to influence judicial fairness in Taytay, Rizal Province. Two suspects were criminally detained for allegedly offering financial benefits to the family of the victims in the "missing cockfighters" case, i
