Regulus Partners examines the Chinese government’s crackdown on offshore gambling and real-money games, fulfilling its wider determination to control consumer behaviour and how CCP actions will impact the sector’s regulatory outcomes across Asia. China’s nineteenth-century battles with opium are one of the generally lesser-known but more profound undercurrents of modern history. Two wars with Britain were fought and lost, …
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Australian police close Tabcorp bribery investigation
The Australian Federal Police have decided to close a three-year inquiry into lotteries and betting operator Tabcorp due to the lack of evidence. The investigation, which led to the resignation of Chief Executive of the Australian Securities Exchange (ASX) Elmer Funke Kupper, was looking into bribery charges made against Tabcorp Holdings, relating to a $200,000 payment made to family members …
Read More »Kambi secures NagaWorld Cambodia sportsbook extension
Stockholm-listed sports betting platform and systems provider Kambi Group Plc has confirmed that it has secured a multi-year extension to its sportsbook agreement with Cambodian leisure and entertainment operator NagaWorld Ltd. Kambi has acted as NagaWorld lead sports betting systems supplier since 2014, with the partnership representing the Stockholm technology group’s first Asian market agreement. The extension, will continue to …
Read More »Tabcorp parts company with under investigation Elmer Funke Kupper
Business news source, ‘The Australian’ reports that Elmer Funke Kupper will no longer serve as a Tabcorp Holdings’ Director, detailing that the executive will depart the company in October. Funke Kupper was the former Managing Director & Chief Executive of Tabcorp Holdings from 2007-2011. In 2011, Funke Kupper left the Australian gambling group to take up leadership of the Australian Securities …
Read More »Mediatech solutions enters Cambodia with Global Gaming Network partnership
Industry omni-channel platform providerMediatech has agreed a deal with Global Gaming Network opening its services to the fast-emerging Cambodian market. The agreement will see Mediatech work and advise on a number of projects within Cambodia’s regulated gaming market. Mediatech Solutions’ Head of Asia-Pacific Tom Moester said: “We are delighted to have entered an agreement with Global Gaming Network to explore …
Read More »Tabcorp bribery charges force Elmer Funke Kupper to resign as ASX CEO
Elmer Funke Kupper has announced his resignation as Chief Executive of the Australian Securities Exchange (ASX) as he faces potential allegations of bribery committed during his tenure as CEO of gambling operator Tabcorp. The Australian Federal Police are investigating bribery charges made against Tabcorp Holdings relating to a $200,000 payment made to family members of Cambodian Prime Minister Hun Sen. The …
Read More »Donaco International expands into Cambodia with Star Vegas acquisition
Australian listed gambling investment firm Donaco International has purchased the Star Vegas casino in Poipet, the Cambodian town closest to Bangkok Thailand for a reported $360 million. Donaco will now compete against local rival NagaWorld in the Phnom Penh province for the attention of Thai gamblers. A three hour drive from the Bangkok, Donaco International believes that it can turn …
Read More »SafeCharge targets Asia with 2C2P link up
Payment technology firm SafeCharge has agreed to enter into a strategic partnership with South East Asia-focused payment services company 2C2P. The strategic partnership is expected to extend SafeCharge’s technology product offering to 2C2P’s merchants being, mainly, travel businesses and retailers in South East Asia. Separately, the company has completed a minority investment in 2C2P. The Group has begun the process to connect …
Read More »Kiron launches new product inventory with Naga World Hotel
Virtual games specialist Kiron Interactive has partnered with IPG International to supply its new Keno game to one of Asia’s leading casinos. The deal with the Naga World Hotel and Casino in Phnom Penh, Cambodia is part of a strategy of supplying their top-performing products across the region. Kiron and IPG signed a multi-year agreement in September 2014 to provide …
Read More »Online experts lined up for Macao Gaming Summit
Organisers of the upcoming Macao Gaming Summit, which takes place alongside the Macao Gaming Show at the Ventian Macao, have confirmed a speaker line-up consisting of many of the leading authorities on gaming in Asia. The 2014 Summit, whose theme is ‘Asian Gaming: Looking beyond the Horizon’, will feature a hand-picked line-up of speakers all of whom have a detailed …
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