Connect with us

Asia

IPI “Open to Idea” of Issuing License to Another Casino Operator

Published

on

Reading Time: 2 minutes

 

Imperial Pacific International is “open to the idea” of another casino operator on Saipan, IPI’s Acting Chief Executive Officer Tao Xing told the Commonwealth Casino Commission during a meeting Thursday.

It was Commissioner Mario Taitano who raised the matter, noting that Xing earlier said he was “okay” with a proposed amendment to the casino law that would end the exclusivity of the license issued to IPI.

“Are you working with the legislature or lobbying with them to do that?” Taitano asked.

Xing said since there was no attorney with him, he could not say much about it. But he added that removing the exclusivity of the casino license is part of the negotiation between IPI and the CNMI government. “We are open to that idea,” Xing said.

Minority bloc Sens. Paul A. Manglona and Edith Deleon Guerrero have introduced Senate Bill 22-23 which would authorise the Commonwealth Lottery Commission to issue a second casino license. The measure has been referred to the Senate Committee in Fiscal Affairs chaired by Sen. Victor Hocog.

In a letter to Senate Floor Leader Vinnie F. Sablan two weeks ago, Manglona and Deleon Guerrero noted that the Fiscal Affairs Committee was still sitting on the bill.

They cited Senate Rule 7, Section 8 (c) which states that a committee “shall report to the Senate all actions taken on any matter referred to it. The report is due within 60 days from the referral date and within 90 days from the referral date for legislative initiatives and referenda.

Manglona and Deleon Guerrero also included in their letter the concerns raised by former IPI CEO Ray Yumul about IPI’s mounting liabilities to the CNMI and federal governments.

“It has been identified for fiscal year 2023 [that] the 25% for the retirees’ pension will be entirely dependent on the casino’s gross revenue tax. This raises grave concern since IPI shut down its casino on March 17, 2020 as a result of the global pandemic caused by the Covid-19 virus,” the two senators said.

Manglona and Deleon Guerrero said the Fiscal Affairs Committee has also not acted on Senate Resolution 22-1 which requests Gov. Ralph DLG Torres to instruct the Development Plan Advisory Committee representative to immediately provide a report to the legislature on casino projects.

Continue Reading
Advertisement

Asia

New Resort & Casino Selects IvedaAI for Intelligent Video Surveillance Ahead of Grand Opening

Published

on

new-resort-&-casino-selects-ivedaai-for-intelligent-video-surveillance-ahead-of-grand-opening
Reading Time: 1 minute

 

Iveda, a global leader in AI-driven video surveillance and smart-city technologies, announced that Subic Sun Development Inc. has chosen the IvedaAI platform as the video surveillance solution for the soon-to-open Subic Sun Resort, Convention & Casino. IvedaAI was selected early in the build-out to inform camera placement and ensure frictionless integration with future-ready, AI-powered analytics. Located on the former U.S. naval base in the Subic Bay Freeport Zone—a special economic hub that hosts thousands of international and local businesses—the resort will feature 500 guest rooms, a state-of-the-art convention center, a luxury casino and two Accor-brand hotels, Ibis Styles and Mercure, scheduled to open in December 2025.

The decision comes as global resort operators sharpen their focus on safety, service and operational efficiency. The global resort market generated $347 billion in 2024 and is projected to reach nearly $945 billion by 2030, an 18.5% CAGR. IvedaAI’s AI-enabled video analytics will help property staff lower security costs, respond to incidents faster and unlock data-driven insights that boost both guest satisfaction and bottom-line performance.

“Iveda being selected as a premier security and surveillance provider before the first Subic Sun Resort guest ever checks in is a powerful endorsement of our commitment to providing state-of- the-art monitoring technology. By designing camera layouts around IvedaAI’s real-time analytics, Subic Sun can optimize coverage, reduce blind spots, and deliver safer, smoother guest experiences—without a costly equipment overhaul. We expect more ground-up projects to follow this blueprint,” said David Ly, CEO and Founder of Iveda.

Iveda Philippines—Iveda’s joint venture focused on nationwide smart-city deployment—secured the Subic Sun contract and will oversee the on-site rollout. The win represents the team’s first major hospitality project and advances its plan to generate US $3 million in smart-city revenue by FY 2026, building on the broader initiative it announced last year.

The post New Resort & Casino Selects IvedaAI for Intelligent Video Surveillance Ahead of Grand Opening appeared first on European Gaming Industry News.

Continue Reading

Asia

FUN88 Thailand Celebrates 17th Anniversary with 17 Spins, Rewards & Newcastle Match Trip

Published

on

fun88-thailand-celebrates-17th-anniversary-with-17-spins,-rewards-&-newcastle-match-trip
Reading Time: < 1 minute

 

FUN88 Thailand, a top online gaming platform, is celebrating its 17th birthday with a special month-long event full of exciting rewards and lucky missions. The promotion, running from June 2 to 30, allows members to win amazing prizes like a 7-day trip to watch a live English Premier League Newcastle United match, a luxury Royal Oak watch, 17 spins for a special Anniversary Badge and many more guaranteed rewards.

With the theme “Play with FUN, be FUN”, FUN88 promises a fun and rewarding experience for all players.

How to take part in FUN88’s 17th birthday to win big:

• BE FUN Lucky Spin: Complete daily or event missions to earn spins. Every spin is a guaranteed win. Grand prizes include a NUFC new season football trip to England, a luxury Royal Oak watch and more.

• Daily Check-In: In the new Rewards Lobby, members who topped up in the past 7 days can check in daily for rewards up to 12,888 THB.

• Top-Up on 8th, 18th, 28th: Get 5 extra spins just by topping up on these special dates.

• Extra Missions: Try missions like Virtual Sports, SOS Insurance Slots, or join “Road to World Cup I” for even more spins.

• Anniversary Badge: Spin the BE FUN Wheel 17 times during the event and get the exclusive 17th Anniversary Badge.

All event details are available on the FUN88 Promotions page.

The post FUN88 Thailand Celebrates 17th Anniversary with 17 Spins, Rewards & Newcastle Match Trip appeared first on European Gaming Industry News.

Continue Reading

Asia

BetConstruct Wins “Digital Sports Betting Supplier of the Year” Award at Global Gaming Awards Asia-Pacific 2025

Published

on

Reading Time: < 1 minute

 

BetConstruct has won the “Digital Sports Betting Supplier of the Year” award at the Global Gaming Awards Asia-Pacific 2025, one of the most prestigious recognitions in the gaming industry in the region.

“This award celebrates our collective efforts in building one of the most dynamic and versatile Sportsbook platforms on the market. With over 140,000 pre-match and 70,000 live events monthly, and a flexible integration model (Turnkey, White Label, API), we continue to deliver unmatched value to our partners across all channels. Thank you to GGA Asia-Pacific for this honour, and to each member of our team who contributed to this success. Let’s keep raising the bar,” the Company said.

The post BetConstruct Wins “Digital Sports Betting Supplier of the Year” Award at Global Gaming Awards Asia-Pacific 2025 appeared first on European Gaming Industry News.

Continue Reading

Trending