Tag: tourism fund

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S. Korea Casinos Fight Proposed Tourism Levy Hike

Regulation Kyle Kevin Kyle Kevin -
South Korea's casino association wants a proposed levy hike to 15% of sales withdrawn. The ministry says the rate would apply only to a top revenue bracket.

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Hokkaido IR Interest: Overseas Operators Hit, But Rules Cause Concerns

Asia 0
Two overseas IR operators interest in Hokkaido, but national IR Act requirements raise investment and lender uncertainty. Operators highlight regional advantages while facing strict facility scale rules.

Fitch: Resorts World Genting 2026 Earnings Will Stay Soft

Regulation 0
Fitch Ratings warns Resorts World Genting 2026 earnings will remain soft. Malaysian revenue hit MYR3.43 billion, but weak VIP volume and tourism headwinds will keep performance challenging.

PhilWeb JKS Tech Deal: PHP4.23B Cross-Equity Investment

Philippines 0
PhilWeb Corp and JKS Tech lock in a cross-equity deal worth nearly PHP4.23 billion. PhilWeb and its subsidiary each invest PHP1.34 billion in gaming tech infrastructure, strengthening the Philippine digital gaming sector.

Cebu City Orders Police To Tighten Illegal Gambling Monitor

Philippines 0
Cebu City Mayor Nestor Archival ordered local police to intensify monitoring of illegal gambling, specifically targeting e-Sabong, Lotte, and unauthorized small town lotteries with immediate permit verification.

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