Asia
IPI “Open to Idea” of Issuing License to Another Casino Operator
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.
Asia
Macau Government Extends Lottery Concession of Macau Slot Until 5 June 2026

The Macau government has extended the lottery concession of Macau Slot Co Ltd for one year until 5 June 2026.
The concession renewal was published in the official gazette on Wednesday. Further extensions may be granted, subject to mutual agreement between the Macau government and Macau Slot.
As part of the renewal terms, Macau Slot is required to gradually reduce its number of non-resident employees and actively collaborate with the government to recruit and retain local talent.
Earlier this month, the government held a meeting with Macau Slot representatives to discuss the extension. According to the Gaming Inspection and Coordination Bureau (DICJ), the city’s industry regulator, Macau Slot committed to cutting 35% of its non-local, non-skilled workforce—equivalent to 26 positions—by the first quarter of 2026. The company also pledged to make further reductions to its foreign labour quota in the future. Currently, non-local staff account for 15% of the total workforce at Macau Slot.
“Over the past year, despite fluctuations in the macroeconomic environment and slower economic recovery in neighbouring regions, the local economy has remained relatively stable under the guidance of the Macau SAR government’s policies,” Macau Slot said in a statement.
“Looking ahead, we are committed to further diversifying our sports betting products to meet customer demand, while upgrading our information technology infrastructure to stay current and deliver more comprehensive sports betting services.”
The post Macau Government Extends Lottery Concession of Macau Slot Until 5 June 2026 appeared first on European Gaming Industry News.
Asia
QTech Games strengthens its elite suite with Bigpot Gaming

Emerging-markets leader expands its all-encompassing library with exciting new slots portfolio
The post QTech Games strengthens its elite suite with Bigpot Gaming appeared first on European Gaming Industry News.
Asia
Polemos Announces Partnership with Guinevere Capital

Polemos, a Web3 gaming infrastructure platform, has announced a strategic partnership with Guinevere Capital, a prominent esports and gaming investment firm known for its investments and advisory roles in projects such as GiantX, iTero, Perion, Skybox and various other projects across the industry. Guinevere Capital has established a strong reputation for its work across global Web2 gaming titles, including League of Legends, Valorant, Rocket League and many more. This partnership aims to leverage the combined expertise of Polemos.io and Guinevere Capital to enhance and further monetise audiences across publishers, infrastructure players, gaming companies, studios and platforms.
The collaboration will focus on integrating advanced asset management and engagement tools from Polemos.io’s Forge platform with Guinevere Capital’s extensive network and experience in both Web2 and esports ecosystems. This will create new monetisation opportunities and improve player experiences by bridging traditional gaming with blockchain-enabled innovations.
Carl Wilgenbus, CEO of Polemos.io, said: “Partnering with Guinevere Capital marks a significant milestone in our mission to expand access to gaming rewards and unlock new revenue streams for the entire gaming industry. Together, we will empower publishers and studios to better engage their audiences and capitalize on the evolving landscape of gaming and esports.”
“Polemos has built an impressive piece of infrastructure that has plugged a huge gap in the gaming sector. We look forward to working with them to commercialise this,” said Dave Harris, a partner at Guinevere Capital.
Dave’s previous experience includes investing in and operating top teams and leagues in the Riot Games and Activision Blizzard ecosystems.
Guinevere Capital’s strategic involvement will accelerate the adoption of blockchain gaming infrastructure while supporting the growth of esports and gaming communities worldwide. This alliance underscores a shared vision to drive innovation, education and monetisation in the gaming sector by combining Web2’s reach with Web3’s potential.
The post Polemos Announces Partnership with Guinevere Capital appeared first on European Gaming Industry News.
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