The Thai cabinet has taken a significant step towards legalizing casinos in the country. On April 10, 2024, the cabinet endorsed a special House committee report recommending the legalization of integrated resorts with casinos. The Ministry of Finance has been given 30 days to conduct a feasibility study on implementing this policy.
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Thailand is poised to embark on a groundbreaking journey as the government considers legalizing casinos within large-scale entertainment complexes. This move could have a profound impact on the country's economy, tourism industry, and overall global standing.
The Philippine gaming industry is set for a significant transformation as the Philippine Amusement and Gaming Corporation (PAGCOR) announces a game-changing decision to reduce the gross gaming revenue (GGR) remittance rate for both online and on-site betting platforms to 35% starting April 1, 2024. This bold move by PAGCOR is poised to revolutionize the landscape of gaming investments in the Philippines, bringing it in line with global industry standards and fostering a more competitive and attractive environment for operators.
In the vibrant landscape of Quezon City, a new beacon of luxury and entertainment is set to rise – Solaire Resort North. Bloomberry Resorts Corp, the Philippines' land-based casino leader, is gearing up for the grand opening of its second integrated resort project in late May. This unveiling marks a significant milestone for Bloomberry, showcasing resilience and innovation in the face of unprecedented challenges.
Author: Janice Chew • Wednesday, 10/04/2024
