Tag Archives: Laos
- Asia’s cross-border gambling ring busted
November 28, 2016
Chinese authorities busted a “cross-border gambling ring” with illegal operations extending to Laos and Myanmar. Reuters reported the syndicate were allegedly responsible for smuggling 400 Chinese national out of the mainland and into Laos and Myanmar, which is in violation of the Chinese law. The smuggled Chinese nationals were either...
- Laos lottery officials deny the fix is in
October 25, 2016
Lottery officials in Laos have been forced to publicly deny that their product is fixed following a wave of complaints. On Monday, Radio Free Asia (RFA) reported on a growing sentiment among Laotian lottery players that the winning numbers were being manipulated by lottery operators to avoid paying out large...
- Sanum Investments wins casino court fight with Laos government
October 5, 2016
Macau-based casino operator Sanum Investments has won its legal case against the government of Laos for what it claimed was the unjust cancellation of its casino business. This week, the Straits Times reported that the Appeal Court in Singapore ruled that Macau was subject to a bilateral investment treaty (BIT)...
- Silver Heritage assigns Laos electronic gaming machines agreements
October 4, 2016
To reduce overhead and variable costs, Australia-listed gaming operator Silver Heritage Group assigned its revenue sharing agreements to manage electronic gaming machines at a Laos casino to a third party. In a filing on Monday, Silver Heritage has tapped Pan Asia Leaders to manage the electronic gaming machines at Dansavanh...
- Laos extends deadline on Macau Legend deal for troubled Savan Vegas casino
August 1, 2016
The deadline for casino services firm Macau Legend Development’s $42-million deal to operate the disputed Savan Vegas Hotel and Entertainment Complex has been extended. In a filing, the Hong Kong-listed company announced that the government of Laos has “agreed to extend the long stop date” for the so-called Initial Project...
- Ex-operator continues legal battle for troubled Savan Vegas casino
July 19, 2016
Savan Vegas Hotel and Entertainment Complex’s legal saga continues. This time, Sanum Investments Ltd. and its parent company, Lao Holdings NV, announced that is has filed a petition opposing the “motion to dismiss” that was filed by San Marco Capital Partners LLC. The opposition was filed with the United States...
Indian cricket team banned from visiting casinos in Australia
January 18, 2016
Kim Dotcom predicts bitcoin will hit $2000 in 2018
October 3, 2016
KCC, Mohegan Sun planning $5B casino in South Korea’s Yeongjong Island
November 23, 2015
Ninjas in Pyjamas kicks out CEO over delayed eSports players’ paychecks
November 10, 2015