Your Day-to-day Asia Gaming eBrief: NagaWorld ramps quietly, enlargement initiatives however on the cards

Excellent early morning. NagaWorld, Nagacorp’s integrated resort in Phnom Penh finally reopened its doors after additional than a 6-month shutdown in mid-September 2021. NagaCorp chairman Timothy McNally nevertheless stresses that the business has not stood idly by around the previous 12 months. In our Face to Face interview, McNally gives an update about what the firm has been up to about the very last yr, together with enhancement updates for Naga 3, Naga Vladivostok, and strategies for Siem Experience and Sihanoukville.

What you want to know

  • Rodrigo Duterte on Thursday signed in a new regulation taxing on line casinos, which stipulates that POGOs should pay a 5 per cent tax on GGR.
  • The British isles government is thinking of closing a loophole which enables Asian betting companies to sponsor English Football clubs as section of its critique of British isles gambling rules.
  • The Vietnamese president reportedly held a number of conferences with executives from key U.S. firms this week, which includes Weidner Asset Administration Steelman Partners.
  • Malaysia is set to shed interstate journey restrictions when 90 % of the adult population is thoroughly vaccinated.

On the radar

  • Scientific Games to maintain minority fascination in SG Lottery in divested.
  • Crown Perth’s abroad higher-rollers would use money supplied by structured crime.
  • Karnataka’s moves to ban online gambling has drawn the ire of the AIGF.

What the papers say

  • Website allowing citizens to report gaming companies circumventing youth restrictions introduced.

AGB Intelligence

Confront TO Encounter

NagaWorld, Nagacorp’s integrated resort in Phnom Penh reopened its doors after extra than a six month shutdown on September 15 with out its usual fanfare. It appears that the country’s authorities, which can be recommended for its intense vaccination rollout, even now desires to preserve an eye out for sensitivities in relation to reopening a substantial-scale facility in its cash town. In an interview with Asia Gaming Brief, McNally verified that even though the government had offered them the green gentle to open up, they have picked out to do so more quietly for the time being.

Business UPDATES

Asia Gaming Briefings, September 2021