Macau casino icon Stanley Ho has stepped down from his post as the chairman of SJM Holdings—the company he founded and the original casino concessionaire in the former Portuguese enclave.

SJM informed investors that the 96-year-old Ho will resign as chairman, executive director and a member of the executive committee at the end of the company’s annual general meeting in Hong Kong on June 12. However, he will subsequently be appointed chairman emeritus. Ho’s daughter, Daisy, will succeed him as the chairman of the company while current SJM CEO Ambrose So will be named vice-chair, executive director and CEO.

Ho has long relinquished his business duties and divested his stocks due to his failing health. In June 2017, he turned over control of his Shun Tak Holdings conglomerate to his daughter Pansy Ho.

CalvinAyre.com’s Becky Liggero talks with BitPay’s Chief Commercial Officer Sonny Singh about the positive feedback he had on Bitcoin Cash and what will be in store for merchants in the future.  

The Global Fintech and Blockchain China Summit 2018 was brought to a halt after police interrupted the proceedings and ejected all delegates from the venue.

Galaxy Entertainment Group has tapped Ted Chan Ying Tat as the one who will oversee the company’s bid to get the coveted Japanese integrated resort license.

The Philippine-listed casino operator obtained the loans to fund its future projects which include the acquisition of a 16–hectare property in Manila and its planned tourism resort in South Korea.

The Australian Communications and Media Authority announced that it is considering the extension of the new restrictions on gambling promos during live sports broadcasts to live-streamed sports events.

Associations representing professional sports teams have issued a joint statement saying that they have been actively preparing for the legalization of sports betting in the U.S.

Casino revenue in Atlantic City casinos fell for the second straight month as the cold weather turned gamblers away from the tables.

Amplify — in influencer marketing, the term means to optimize the content. Amplifying content could mean paying to boost it on Facebook or using a content distribution model to increase impressions and engagements or reach a new audience.

Interested industry leaders and followers can now register for the first ICE Africa which will be held on 24-25 October in Johannesburg, South Africa. ICE Africa 2018 will have an exhibition and co-located ICE VOX style conference program.