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Goa ports department seeks casino ship site

Goa’s Ports Department has been tasked with finding an alternative location for the state’s six floating casinos away from their current position in the Mandovi River, according to media reports.
Cox's Bazar

Bangladesh to set up casino zones

Bangladesh plans to set up a tourism zones including casinos to boost tourism development, according to local media reports. The resorts would be reserved exclusively...

SVH Nepal ops sale no longer exclusive

Silver Heritage Group has announced that the buyer of its Nepal operations has missed its September 10 deadline to pay a deposit of $3...

India lottery operators call for GST reform

India’s lottery operators are seeking urgent GST reforms, which they say have been “crippling” the industry with multiple issues.Mr. Kamlesh Vijay Group CEO of...
Tiger Palace Resort, Nepal

SVH delays results due to Nepal sale

Silver Heritage Group said there would be a delay to filing its interim results as it has decided not to prepare the accounts on an ongoing concern basis due to the sale of its operations in Nepal.
Tiger Palace Resort, Nepal

Silver Heritage Nepal sale delayed, faces new legal action

Silver Heritage said the sale of its operations in Nepal has been delayed, its chief financial officer has resigned and it is facing further legal action in the country over land use.

Panjim MLA reassures offshore casinos removal

With the deadline to moving Goa’s offshore casinos coming up, MLA Atanasio Monserrate has reiterated his promise to relocate the casinos out of the...

Dream 11 continues to attract investors

South African internet conglomerate Naspers is looking to buy a $100 million stake in online fantasy start-up Dream 11, local media reports. Following bumper earnings...

Offshore casinos won’t have trade licenses renewed

The City of Panaji has passed a resolution not to renew the trade licenses of its offshore casinos at the end of their term,...
Tiger Palace Resort, Nepal

Silver Heritage says Nepal legal action poses no threat

Australia-listed Silver Heritage said legal action brought against its Nepalese units by a local consumer water group pose no immediate commercial threat or risk to its operations in the country.

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SJM Holdings reported lower-than-expected Q3 EBITDA as VIP gross gambling revenue tumbled 43 percent in the quarter.

Macau Oct. GGR hit by junket hold: Nomura

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POGOs to resist political pressures

With the win from China-facing igaming operations forecast to hit $33 billion in 2019, the Philippines has little incentive to curb activities of POGOs.

Vanuatu casino complex for sale

Pacific Advisory is seeking expressions of interest for The Holiday Inn Resort and Casino in Vanuatu. 

Japan AML measures under scrutiny

The intergovernmental Financial Action Task Force began an in-depth survey of Japan’s anti-money laundering policies this week, examining government ministries, private banks, and cryptocurrency exchanges.