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Nearly half of the estimated online gaming revenue generated from Philippine players in the first quarter flowed through offshore operators that by definition are not subject to local licensing. That is according to artificial-intelligence (AI) -powered insights from Blask, an analysis platform covering the gaming sector.
Projected revenue, measured via what Blask c...
Long-standing Ainsworth Game Technology Ltd official Danny Gladstone and his colleague Mark Ludski are to leave their current roles “effective immediately,” the firm said in a Friday filing to the Australian Securities Exchange.
Mr Gladstone had most recently been serving as independent non-executive chair of the slot machine maker, and Mr Ludksi was company secreta...
Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, reported casino sales of KRW43.13 billion (US$28.2 million) in May, up 40.8 percent from a year earlier.
Judged sequentially, such sales rose 7.3 percent, according to a filing to the Korea Exchange on Thursday.
The firm’s May table-game sales were just above KRW38.84 ...
The Philippine gambling sector could see gross gaming revenue (GGR) decline by as much as 19 percent this year, amid the impact of tighter online-gaming payment restrictions, and economic pressures linked to the conflict in the Middle East, according to the head of the country’s gaming regulator.
Alejandro Tengco (pictured), chairman and chief executive of the Phili...
South Korea and China have agreed to expand on a mutual basis weekly air-traffic rights between the two places – the first such easing since 2019, according to South Korean media. The deal followed bilateral aviation-related talks held in Seoul, the South Korean capital, in late May.
Weekly passenger-flight rights between the two countries will be increased by circa...