Your Day by day Asia Gaming eBrief: NagaWorld ramps quietly, growth projects even now on the cards

Your Day by day Asia Gaming eBrief: NagaWorld ramps quietly, growth projects even now on the cards post thumbnail image

Excellent morning. NagaWorld, Nagacorp’s integrated resort in Phnom Penh finally reopened its doors after much more than a six-month shutdown in mid-September 2021. NagaCorp chairman Timothy McNally however stresses that the organization has not stood idly by more than the very last year. In our Face to Face interview, McNally provides an update about what the firm has been up to around the previous 12 months, including progress updates for Naga 3, Naga Vladivostok, and plans for Siem Enjoy and Sihanoukville.

What you have to have to know

  • Rodrigo Duterte on Thursday signed in a new legislation taxing on the net casinos, which stipulates that POGOs should pay a 5 % tax on GGR.
  • The United kingdom government is looking at closing a loophole which enables Asian betting firms to sponsor English Soccer clubs as section of its evaluate of United kingdom gambling legislation. 
  • The Vietnamese president reportedly held a range of conferences with executives from main U.S. firms this week, together with Weidner Asset Administration Steelman Partners.
  • Malaysia is established to lose interstate journey limits when 90 percent of the grownup population is totally vaccinated.

On the radar

  • Scientific Games to keep minority interest in SG Lottery in divested.
  • Crown Perth’s abroad substantial-rollers would use dollars provided by structured criminal offense.
  • Karnataka’s moves to ban on-line gambling has drawn the ire of the AIGF.

What the papers say

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

AGB Intelligence

Encounter TO Confront

NagaWorld, Nagacorp’s built-in vacation resort in Phnom Penh reopened its doors after far more than a 6 thirty day period shutdown on September 15 with no its usual fanfare. It appears that the country’s authorities, which can be recommended for its intense vaccination rollout, even now wants to continue to keep an eye out for sensitivities in relation to reopening a huge-scale facility in its capital city. In an interview with Asia Gaming Brief, McNally confirmed that while the govt had provided them the green gentle to open, they have chosen to do so much more quietly for the time becoming.


Asia Gaming Briefings, September 2021


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