Connect with us

News

PAGCOR says Quezon City cannot regulate gaming

Published

on

PAGCOR says Quezon City cannot regulate gamingReading Time: 1 minute

 

The Philippine Amusement and Gaming Corp (PAGCOR) has categorically stated that the Quezon City government has no power to regulate casinos in its territory. PAGCOR also ruled that the provincial government cannot impose restrictions on locals entering a planned development by Bloomberry Resorts, reports Asia Gaming Brief.

Quezon City vice mayor Joy Belmonte recently said the local government would pass an ordinance regulating games of chance within its territorial jurisdiction. Part of the ordinance would be a fee to discourage locals from entering the proposed Solaire casino, which is being built on 1.57 hectares in Quezon’s Ayala Vertis North complex.

PAGCOR said that if Quezon decides casinos do more harm than good, it can opt not to issue a mayor’s business permit to Solaire.

Bloomberry, which also operates the Solaire resort in Entertainment City, said last year it planned to start construction of its new integrated resort mid-2019 with the aim of opening it by 2022.

The company last month obtained a P40 billion (US$767m) loan to finance the project, which would be primarily targeted at the mass market.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PAGCOR says Quezon City cannot regulate gaming

News

AGA Announces details for 2019 G2E Asia Awards

Published

on

AGA Announces details for 2019 G2E Asia AwardsReading Time: 1 minute

 

The American Gaming Association (AGA) and Reed Exhibitions, who organise G2E Asia, and the top B2B Asian gaming industry media brand Inside Asian Gaming, co-organisers of the G2E Asia Awards, has announced the details of the 2019 G2E Asia Awards. The Awards ceremony will be held in the Parisian Macao Ballroom on the evening of Tuesday 21 May 2019.

The event, along with the formal dinner, will recognise excellence and innovation within Asian gaming while celebrating the success and outstanding contributions of the entire entertainment industry in Asia. The awards evening will provide an unrivalled industry networking opportunity.

The G2E Asia Awards will recognise merit in 12 categories:

  1. Best IR Non-Gaming Attraction
  2. Best B2B Digital Product Solution
  3. Best Electronic Gaming Solution (Slots and ETGs)
  4. Best Table Game Solution
  5. Best Industry Innovation
  6. Best Gaming Floor
  7. Best Industry Rising Stars (Maximum of 5 Winners)
  8. Best Corporate Social Responsibility Contribution
  9. Best VIP Gaming Promoter
  10. Best Industry Supplier
  11. Best Regional Asian IR (Outside Macau or Singapore)
  12. Best Integrated Resort

The submissions can be made till Friday 5 April 2019. Any member of the gaming and entertainment industry may submit a nomination by visiting G2EAsiaAwards.com.

Tickets for the G2E Asia Awards can be purchased at G2EAsiaAwards.com.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AGA Announces details for 2019 G2E Asia Awards

Continue Reading

News

Will online gambling be liberalized in Israel

Published

on

Will online gambling be liberalized in IsraelReading Time: 1 minute

 

Gambling is perhaps the only vertical in Israel that has not high tech. In almost every other sphere, the technology and the R&D surrounding have so advanced that the country has rightfully earned the tag of startup nation.

The Israeli government and courts have been taking a strong stance against liberalising online gambling. It was in 2005, when smartphone casinos were a not even a common reality, the country’s Attorney General slapped  penalties on credit card companies that facilitated online gambling.

That is how the system works in Israel. However, the change is near, there is a chance, if a new trade bill with Guatemala is any indication.

The legislature in Guatemala is on the verge of passing a bill to liberalise the country’s gambling sector. A consortium of Israeli investors has shown interest in investing in Guatemala’s gambling sector. The investment is estimated to be worth $2 billion  and top personalities like Las Vegas mogul Sheldon Adelson are involved.

This shows how Israeli investors are expanding their gambling portfolios abroad. Well-known Israeli-owned e-gambling companies like Playtech are experiencing difficult times. With competition rising from Chinese operators, the gambling software developer has seen profits dip dramatically. In those circumstances, loosening restrictions on domestic operators could become a safety valve for struggling tech firms.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Will online gambling be liberalized in Israel

Continue Reading

News

Play’n GO Granted Authorisation by PAGCOR for Philippines Market

Published

on

Play’n GO Granted Authorisation by PAGCOR for Philippines MarketReading Time: 1 minute

 

Play’n GO today announced that they have been added to the select list of suppliers authorised to provide software to the Philippines market.

As a leading supplier of gambling software, this authorisation establishes Play’n GO as the supplier of choice in regulated markets, and this authorisation gives the company an even farther reach.

The authorisation comes from the market’s regulating body PAGCOR (Philippine Amusement and Gaming Corporation). A notoriously rigorous organisation, their main focus is “to attain and enforce a regulatory framework that preserves the integrity and propels the development of the gaming industry” in the Philippines.

Johan Törnqvist, CEO of Play’n GO, explained the move was part of the company’s dedication to its commitment as a leading supplier:

“We have a strong presence in regulated markets, and that continues to grow as we expand in both size and standing in the industry. This authorisation opens up a wealth of new opportunities for us in the region and fits perfectly with the strategy that we plan to implement in the coming future.”

 

About Play’n GO:

Founded in 2005, Play’n GO are a leading supplier for slot gaming in the casino industry. One of the first suppliers to recognise and utilise the potential of mobile slot gaming, their innovation has revolutionised the industry and led Play’n GO to the forefront of the casino supplier market. Since its inception Play’n GO have curated a portfolio of award-winning games developed and tailored for compatibility with all devices and operating systems. In addition to this, they also provide back-end services and solutions to ensure operators are equipped to provide the ultimate gaming experience; this includes their casino platform and their server-based gaming solution, OMNY.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Play’n GO Granted Authorisation by PAGCOR for Philippines Market

Continue Reading

Trending

%d bloggers like this: