Asia
JCRC Submits FY2023 Budget
The Japan Casino Regulatory Commission (JCRC) has submitted a budget for JPY3.88b ($27.7m), equivalent to an increase of JPY0.35b ($2.5m) as compared to the budget sanctioned for fiscal 2022.
The rise in the budget is demanded keeping in view the situation of the revenue deficit, as there are hardly any chances for integrated casino resorts to be operational in Japan before the end of the present decade, even if the existing two concessionaires operational at Osaka and Nagasaki are given green signals to kick-off the operations.
On other hand, the commission expects a rise in manpower cost and operational cost.
The Commission estimates its present work-force to scale from present 20 to 177, which is pegged at a kind of 13% increase on a year-on-year basis.
The rise in salaries and operational cost envisaged by the commissions is pegged at JPY2.85b ($21.34m) which is additional JPY160m ($1.13m) on a YoY basis.
The commission estimates expenditure amounting to JPY460m ($3.27m) to set-up an organisation which will be in regulatory role to supervise casino operators and other similar entities, an increase of JPY70m ($0.5m).
The commission estimates an additional rise of JPY20m ($0.14m) on a year-on-year basis towards a cost of JPY220m ($1.56m) to conduct examinations of casino operators and allied business operators and entities to check and verify the suitability for granting casino licenses.
Information Technology cost to be adhered to regulate the entities falling under the commission’s jurisdiction for the fiscal 2023 remains the same as per the fiscal 2022 and amounts to JPY60m ($0.42m).
The above-cited information technology cost excludes the amount to be contributed by the commission to Japan’s Digital Agency, which amounts to JPY1.01b ($7.11m).
Japan’s Digital Agency is a government body set up to aid the digitalisation of Japan’s economy, government and society.
The Commission has calculated an amount of JPY290m ($2m) to be utilised towards public relationship activities, which includes cost involved towards establishing relations with overseas regulatory bodies, which is up by additional JPY110m ($0.78m) on a year-on-year basis.
Asia
Macau Govt Appoints Ng Wai Han as Director of DICJ

The Macau Government has appointed Ng Wai Han, who was serving as Director of the Public Administration and Civil Service Bureau (SAFP), as Director of the Macau Gaming Inspection and Coordination Bureau (DICJ).
Ng had served as head of the Public Administration Bureau since September 2023, following a three-year stint as Deputy Director.
Between 1999 and 2020, Ng rose through the ranks of the Labour Affairs Bureau (DSAL) to the position of Deputy Director.
With this appointment, the reshuffling of DICJ’s leadership team is now complete. The position of Director had remained vacant since 20 December last year, when her predecessor, Adriano Marques Ho, became Director General of the Macau Customs. Deputy Director Lio Chi Chong had been serving as Acting Director in the interim.
Lei Seak Chio, who, like Ng, previously worked at DSAL, was appointed one of DICJ’s Deputy Directors in February, replacing Peter Chui.
The post Macau Govt Appoints Ng Wai Han as Director of DICJ appeared first on European Gaming Industry News.
Aquisitions/Mergers
Nazara’s subsidiary Absolute Sports acquires TJRWrestling.net and ITRWrestling.com

Absolute Sports, a subsidiary of Nazara Technologies and the parent company of Sportskeeda.com, announced today that it has signed definitive agreements, subject to closing conditions, to acquire two IPs, TJRWrestling.net and ITRWrestling.com. These business assets will be acquired from Titan Insider Digital. These IPs add to the already dominant global position of Absolute Sports in the combat sports publishing industry.
TJRWrestling and ITRWrestling established in 2009 and 2020 respectively, have built a robust audience base within the wrestling fan community through their high-quality and in-depth combat sports news and content coverage. Together, they currently attract 1.7 million monthly active users and generate 4.6 million monthly pageviews, predominantly from North America. They generated $722K (~INR 6.1 crore) in revenue in 2024.
The transaction, valued at $1.25 million (~INR 10.5 crore), will be an all-cash asset purchase via the company’s U.S. subsidiary, Sportskeeda Inc., and is expected to close within the next 45 days.
This strategic acquisition bolsters Sportskeeda’s position in the combat sports segment and expands its presence in the U.S., home to the world’s largest pro-wrestling fanbase. The integration of these platforms will also create deeper engagement opportunities for fans and advertisers across digital formats.
Ajay Pratap Singh, CEO of Absolute Sports, commented: “ITRWrestling and TJRwrestling are two of the most respected voices in the global wrestling community. This acquisition aligns perfectly with our vision to be the leading go-to destination for wrestling content worldwide. It also reinforces Absolute Sports’ dedication to expanding its footprint in the fast-growing U.S. media market through a targeted and impactful M&A strategy.”
The post Nazara’s subsidiary Absolute Sports acquires TJRWrestling.net and ITRWrestling.com appeared first on European Gaming Industry News.
Asia
BMM INNOVATION GROUP REINFORCES ASIA-PACIFIC LEADERSHIP AT G2E ASIA MAY 7-9, CONTINUING TO DRIVE GROWTH THROUGH TRUSTED PRODUCT COMPLIANCE AND DIGITAL GAMING SERVICES
Company’s focus is on leading, protecting, and powering the future of gaming in the world’s fastest-growing gambling market
BMM Innovation Group, a technology conglomerate focused on land-based and online gaming product compliance testing, cybersecurity solutions, and virtual training for the global gaming industry, today announced its support and participation in G2E Asia May 7-9 at The Venetian Macao.
With a legacy spanning over four decades serving the Asia-Pacific region, the BIG Group continues to lead the region’s land-based and online gaming product compliance market, supporting the growth and integrity of the region’s regulated gaming markets.
Through its core business BMM Testlabs, BIG delivers industry-leading certification testing, quality assurance testing, compliance consultation, mathematical analysis, inspection, and training services. Its long-standing relationships with regulators, suppliers, and operators across Asia-Pacific have solidified its reputation as the most experienced and trusted product compliance partner in the market.
BMM is also meeting the market’s increasing demand for online gaming services with product transfers internationally to markets including Europe, North America, and now Brazil. BMM’s services include certification and QA testing for iGaming platforms, sports betting platforms, mobile and web-based gaming applications, RNG evaluations, and security assessment tailored to regulated online environments.
BMM’s President, Land-Based Gaming & Inspections Kirk White said, “Asia-Pacific is one of our most important markets, and we remain deeply committed to supporting its growth. Our legacy here is built on integrity, innovation, and performance — values that continue to drive everything we do today.”
The Company has offices and test labs throughout the region in Macau, Singapore, and Sydney and Melbourne, Australia, with additional offices positioned strategically around the world for global market coverage.
BMM’s regional leadership team will be at the show to connect with customers, regulators, and partners to discuss the market’s evolving needs and how BIG is positioned to help the fast-growing market continue to thrive through integrity, regulation, and innovation.
The post BMM INNOVATION GROUP REINFORCES ASIA-PACIFIC LEADERSHIP AT G2E ASIA MAY 7-9, CONTINUING TO DRIVE GROWTH THROUGH TRUSTED PRODUCT COMPLIANCE AND DIGITAL GAMING SERVICES appeared first on European Gaming Industry News.
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