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Moody's Upgrades Melco Resorts Credit Outlook After Strong Q3
Moody's Investors Service has upgraded the credit rating outlook for Melco Resorts & Entertainment (NASDAQ: MLCO) from "negative" to...
Flexi Group
Nov 21, 20232 min read
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Illegal Betting Threatens Asia: A Menace to Sports and Finances
Illegal betting in Asia is flourishing, with China, Indonesia, Malaysia, the Philippines, and Thailand standing out as the largest...
Flexi Group
Nov 20, 20232 min read
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Australia Moves Towards Blanket Ban on Credit Card Use for Online Gambling
The Australian House of Representatives has approved the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023, which...
Flexi Group
Nov 17, 20232 min read
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Southeast Asia's Gaming Rise: Challenging Macau's Dominance
In the ever-evolving landscape of the Asian casino industry, the spotlight is now firmly on Southeast Asia. The ASEAN bloc, consisting of...
Flexi Group
Nov 16, 20235 min read
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Amazon Faces Class Action Lawsuit Over Alleged Role in Illegal Online Gambling Operation
In a recent legal development, Amazon is under fire in a consumer class action lawsuit that asserts the tech giant's involvement in an...
Flexi Group
Nov 15, 20232 min read
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Macau Casinos Decline Appeal in Suncity Case, Facing Setback in Bid for Damages
Macau's casinos have decided not to appeal a recent court ruling that stated the five gaming companies operating within the Chinese...
Flexi Group
Nov 14, 20232 min read
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Kenya Proposes Comprehensive Gambling Control Bill 2023
The Gambling Control Bill 2023, currently awaiting parliamentary approval in Kenya, is poised to usher in a new era for the country's...
Flexi Group
Nov 14, 20233 min read
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PointsBet Canada has been fined CA$150,000 by the Alcohol and Gaming Commission of Ontario (AGCO)
PointsBet Canada has been fined CA$150,000 by the Alcohol and Gaming Commission of Ontario (AGCO) for multiple breaches of responsible...
Flexi Group
Nov 13, 20231 min read
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International Tennis Integrity Agency Bans Three Players for Match-Fixing Violations
The International Tennis Integrity Agency (ITIA) has announced the banning of three players, Timur Khabibulin, Sanjar Fayziev, and Igor...
Flexi Group
Nov 10, 20232 min read
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Brazil Advances Comprehensive Sports Betting Legislation: Key Provisions and Amendments Explained
The Sports Commission (CEsp) has given its approval to a bill regulating sports betting, colloquially known as bets. The legislation...
Flexi Group
Nov 9, 20233 min read
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Australian Broadcaster Seven Fined for Repeated Breach of Online Gambling Advertising Rules
The Australian Communications and Media Authority (ACMA) has issued a warning and imposed a fine on broadcaster Seven for violating...
Flexi Group
Nov 8, 20231 min read
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Finland's Veikkaus to Mandate ID Verification for All Scratch Card Games
Finland's state-owned gambling operator, Veikkaus, has announced a new policy set to take effect from January 1st, 2024, which will...
Flexi Group
Nov 8, 20232 min read
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Dubai Delays Casino Approval, Abu Dhabi and Ras Al Khaimah Emerge as Contenders
Dubai has reportedly postponed its plans to approve casino resorts, temporarily impacting MGM Resorts International's ambitions in the...
Flexi Group
Nov 7, 20232 min read
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Gambling Regulations in the Middle East and Africa: A Comprehensive Overview
In the world of gambling, online gaming, and sports betting, regulations play a crucial role in ensuring fairness, transparency, and the...
Flexi Group
Nov 6, 20232 min read
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Curaçao's Gambling Revolution: GCB Portal Opens for Licensing and Regulation
In a significant development for Curaçao's gambling industry, the Gaming Control Board (GCB) portal officially opened its doors on 1st...
Flexi Group
Nov 3, 20232 min read
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Taiwan Arrests Suspect in $320 Million Cryptocurrency Money Laundering Scheme
Taiwanese authorities have apprehended an individual, known as "Qui," suspected of orchestrating a substantial money laundering scheme in...
Flexi Group
Nov 3, 20232 min read
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China's Macau Money Laundering Crackdown Fuels Illicit Funds Flow into Southeast Asia
In recent years, China's intensified crackdown on cross-border money transfers related to the Macau gambling industry has had unintended...
Flexi Group
Nov 1, 20232 min read
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Philippines Launches Regulatory Review to Address Money Laundering Concerns
The Presidential Office in the Philippines has issued a Memorandum Circular, instructing key government agencies, including the country's...
Flexi Group
Oct 31, 20232 min read
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Global Crackdown on Money Laundering: Recent Cases Highlight Chinese Gangs' Role
Money laundering is a widespread issue that continues to plague countries around the world. Recent law enforcement actions in Singapore,...
Flexi Group
Oct 31, 20232 min read
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MGM Springfield Settles for Nearly $7 Million in Employment Law Violations
MGM Springfield, the casino resort in Massachusetts, has agreed to pay approximately $7 million in restitution and penalties for...
Flexi Group
Oct 30, 20232 min read
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