Asia round-up: Emperor, ACMA, Malaysia & our top stories from the region this week
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Emperor Entertainment has reported total revenue of HK$108.6m (US$13.9m) for the six months up to 30 September 2022. The company says this figure is a 51% decline from the prior-year period. Grand Emperor Hotel in downtown Macau was to cease gaming operations on 26 June.
Emperor Entertainment has reported a 51% decline in revenue for the six months up to 30 September 2022. The Grand Emperor Hotel in downtown Macau was to cease gaming operations on 26 June. SJM Holdings will take over the casino on 27 June 2022, and the internet service providers have been asked to block a slew of illegal offshore gambling websites. 10 local men were arrested in Johor for suspected football gambling activities. They were found with cash amounting to RM9,730 and 10 handphones.
This week's Asia round-up includes Emperor, ACMA, Malaysia and other top stories from the region.
Genting posted its Q3 report, showing a return to profitability. It made RM6.12bn in revenue, up from RN3.5bn during the same period last year. Its net profit for Q 3 was back in the black after it made $128m. For the year so far, Genting has posted almost double the amount it did during first nine months of 2021.
Vietnam's Ministry of Public Security has stopped an online gambling ring that made an alleged VN$30trn (US$1.2bn) from bets over three years. Police raided 15 locations in Ho Chi Minh City and its neighbouring Dong Nai Province and arrested 14 people. The syndicate was partly run by Vietnamese people living in Cambodia and seven of its managers were based in the city.
