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ASIA & OCEANIA


Duterte Nixes Galaxy’s Boracay Plans Galaxy had teamed up with Philippines partner Leisure & Resorts World


Corporation (LRWC) to buy a 23-hectare site on Boracay to build its resort, but the country’s President, Rodrigo Duterte, has stepped in to veto the plans


“Te President has already addressed the issue of a new casino in Boracay. Tere will be no new casino in Boracay.”


SOUTH KOREA –Weike Gaming Technology has installed 30 units of Infinity X slot machines with dragon bliss mystery link and slot management system in Alpensia Casino, located on the first floor of Holiday-Inn Resort Pyeongchang, Korea.


“We are very proud to have our first installation in Korea in conjunction with our Korea distributor, Korea CCS Co., Ltd. The installation comprises of Weike’s evergreen classic games which have been proven in Casinos around Asia. I am confident that Alpensia Casino’s players will enjoy these evergreen classic games,” said Daven Tay, Executive Director of Weike Gaming Technology.


The foreigner exclusive casino offers separated spaces for public and high limit for VIPs and on top of the newly installed 30 units of Weike’s slot machines, players also can enjoy other popular games including Baccarat, Blackjack, Roulette and various poker machines.


AUSTRALIA – Australia-based PlayUp, the developer, owner and operator of live sports entertainment in the online gaming and daily fantasy sports sector, has bought Draftstars from CrownBet. The acquisition of Draftstars delivers significant growth opportunities in Australia for PlayUp, whose aim is to become the global market leader in blockchain-enabled Fantasy Sports, Sports Betting, Wagering and Online Gaming


Draftstars is Australia's largest daily fantasy sports (DFS) platform. The acquisition forms part of PlayUp's international growth strategy while allowing CrownBet to focus on its core wagering business. The Draftstars platform has more than 100,000 active users and provides opportunities to wager on daily fantasy sports games spanning major local and international sporting codes such as the AFL, NRL, NBA and more. PlayUp will continue to operate and grow the Draftstars brand.


AUSTRALIA – Lottoland Australia has offered the 4,000 news and lottery agents across Australia a profit-sharing agreement which if accepted, will ensure wider choice for customers – and additional revenue for newsagents. Under the offer, newsagents will receive 20 per cent of profits generated from every bet on overseas lotteries that they refer to Lottoland Australia, which could be worth thousands of additional dollars a month to individual newsagents.


The CEO of Lottoland Australia, Luke Brill, said the offer meant newsagents that took part in the program would have an opportunity to benefit financially from Lottoland bets on overseas lotteries. “We want to partner with newsagents to provide our customers with greater choice, in a way that will be fair and profitable for your business,” said Brill.


TIVE /MARKET DATA PHILIPPINES CASINO LICENCES


Despite being granted a casino licence by Philippine gaming regulator, Galaxy Entertainment Group (GEG) has seen its plans to build US$500m casino resort on Boracay island scuppered by Philippine President Rodrigo Duterte. Presidential spokesman Harry Roque has officially confirmed: “Tere will be no new casino in Boracay. I do not know how this will be resolved but as far Boracay is concerned, [Duterte] wants the people to benefit from Boracay. Of course, we welcome all investors, but I think the President has already addressed the issue of a new casino in Boracay. Tere will be no new casino in Boracay.”


His comments follow more unofficial comments from President Rodrigo Duterte himself, who reportedly said, following the granting of the licence: “I don't have plans there for casinos. Tere are enough, there is too much – casino here, casino there. Consider Boracay a land


reform area. I will give it to the farmers first. I will issue a proclamation that all of the land will be agricultural.”


Galaxy had teamed up with Philippines partner Leisure & Resorts World to buy a 23-hectare site on Boracay to build its resort. PAGCOR explained that the licence was only provisional. It stated: “Te provisional licence is only the start of a very long and tedious process of compliance that every integrated resort operator must go through before they can be issued by PAGCOR a Notice to Commence Casino Operations and eventually, a regular casino gaming license. PAGCOR, being a government entity under the Office of the President, abides by the laws and orders of the land. As regulator, it ensures that its licensees comply with pertinent laws, rules, regulations and ordinances promulgated by authorities relative to the establishment and operation of casinos.”


Japan


AGCOR gives Filinvest a licence for $200m Mimosa casino


Philippines


PAGCOR, the Philippine Amusement and Gaming Corporation, has given the green light for Filinvest Development Corporation to build a $200m casino close to an airport in Mimosa, Clark, in the northern province of Pampanga.


Filinvest has been given a provisional license to build a casino as part of a project called Te Filinvest Mimosa + Leisure City, which will be located close to the Clark International Airport on the Clark Special Economic Zone in the Philippines..


P32 NEWSWIRE / INTERAC-


Te licence has been issued to one of Filinvest’s subsidiary Mimosa Cityscapes.


FDC President and CEO L. Josephine Yap, said: “We thank PAGCOR for granting Filinvest Mimosa + Leisure City the provisional license. Tey have been very efficient and helpful since we submitted our application and all the necessary requirements in 2017. We look forward to a fruitful partnership with them. We believe that this is a worthy investment. Now that we have secured the provisional license, we foresee further upsurge in tourist arrivals upon completion of the various project components. Its enviable location close to Clark International Airport makes it accessible to both domestic and international tourists.”


Te initial wave of Integrated Resorts in Japan will see just three casinos introduced following an agreement struck between Japan’s ruling Liberal Democratic Party (LDP) and its junior coalition partner Komeito. Te Government had wanted five Integrated Resorts, but compromised on three with an agreement that legislators will review their success and potentially issue more licences after seven years rather than the initially stated 10 years.


Te two parties have also struck on a deal on the entrance fee to be charged to locals with a fee of ¥6,000 (US$56). Komeito had wanted an ¥8,000 fee whilst the LDP was looking at ¥5,000 having initially wanted just ¥2,000. Te implementation bill is now expected to be delivered in May. Gaming floor sizes must be kept to a maximum of three per cent of the resort’s foot print rather than the 15,000sq.ft. previously promoted. Te number of visits has also been limited to three times in seven consecutive days or 10 times in 28 consecutive days.


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