Macau legislators bring up doubts over wording, deposits provision in new junket regulations bill

Macau’s Legislative Assembly (AL)whose standing committee is currently evaluating a new draft bill that will regulate junket operators, sub-agents and “satellite casinos” managing entities, has posited that the wording of the legislation could potentially allow for non-resident junket collaboratorsreports Macau Business. The legislation, which was first unveiled on March 31, is called “Regulations for operating … Read more

“Our main takeaway at ICE was clients telling us only BMM and GLI can help them under the North American market properly”

Last month, the renowned ICE London trade show returned as an in-person event following a two-year pandemic gapgathering hundreds of attendees at ExCel London, April 12-14. Among exhibitors was gaming certification lab BMMwhich was able to catch up with clients and partners at its stand, reconnecting face-to-face. “Our stand was constantly busy as our team … Read more

Uplavtorm analyzes “increasing need” for African-inspired business solutions to enter the market

Uplatform, a sports betting platform provider, has identified Africa as one of the most promising markets, due to its strong base of young, tech-hungry sports fans, growing levels of technology penetration, and regulated markets. But, despite this high potential, these markets can also present some challenges to enter. Therefore, the company has issued the following … Read more

MGM makes $607M bid to buy LeoVegas eyeing online gaming segment global expansion

Casino and hospitality giant MGM Resorts International has announced an offer to acquire online gaming operator LeoVegas. The Nevada-based heavyweight has commenced a public tender offer for 100% of the shares of the Swedish business at a price of SEK 61.00 in cash per share, equivalent to a total tender value of approximately $607 million. … Read more