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Thai PM Considers Legalising Gambling

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Thailand’s Prime Minister Prayut Chan-o-cha has confirmed that he is now considering legalising gambling in a bid to curb the growth of illegal gambling dens.

The Bangkok Post reports that Prayut is said to be open to holding public discussions on the pros and cons of legalising gambling despite being opposed to the idea himself.

In particular, the Prime Minister is concerned that Thailand’s most recent COVID-19 outbreak has been largely attributed to illegal gambling dens, with Taweesilp Visanuyothin, spokesman for the Centre for COVID-19 Situation Administration (CCSA), confirming Friday that Prayut was ready to discuss the idea. Prayut is Chairman of the CCSA.

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According to Visanuyothin, the key question for Prayut is whether gambling can be considered morally acceptable by the majority of Thais.

The issue of casino development in Thailand is not a new one, having most recently been raised following the passing of highly-revered King Bhumibol Adulyadej in 2016 after 70 years on the Thai throne. A year earlier, none other than Las Vegas Sands Corp had expressed its interest in developing a casino resort in a major Thai city, preferably Bangkok, should the opportunity arise. Sands is well-known for preferring to develop its mega-IRs in cities with large populations.

Thailand remains one of only three ASEAN nations without legal casinos, alongside Indonesia and Brunei, although it has been estimated that as many as half of its adult population gambles via illegal means. With a population of almost 70 million, Thailand is the world’s 20th most populous country.

The prospect of genuine discussions over casino gambling comes as Prayut approved on Friday the formation of a 10-member committee to inspect the investigations by state officials into cases of illegal gambling. The Royal Thai Police is currently looking into the actions of police officers in Nonthaburi, part of Greater Bangkok, who are alleged to have turned a blind eye to an illegal gambling den that was raided and shut down last week.

Were casinos to be legalised in Thailand, it could severely affect the profitability of Cambodian and Lao properties on their borders with Thailand. These properties rely heavily on traffic from Thailand and include casinos in Poipet, Cambodia, and the three casinos in Laos – Savan Legend in Savannakhet, Dansavanh near Vientiane and King’s Roman in the Golden Triangle near the point where the Thai, Laos and Myanmar borders meet.

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Asia

ProgressPlay takes new standalone product to Asia

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ProgressPlay, renowned as one of Europe’s Top 10 Casino Tech Solutions Providers in 2024, is set to make waves in the Asian iGaming sector with its groundbreaking standalone product. Making its debut at SIGMA Asia 2024 in Manila, ProgressPlay aims to captivate attendees with its innovative offerings showcased at stand BR917.

With ProgressPlay’s new standalone product, partners are able to market all markets.

SIGMA Asia, slated to run from June 3rd to 5th at Manila’s esteemed SMX Convention Centre, has already generated immense anticipation within the industry. With a diverse array of top-tier B2B and B2C exhibitors, including ProgressPlay, the event promises to be an unrivaled gaming hub, expected to attract over 20,000 delegates.

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The Asian iGaming industry is experiencing exponential growth, fueled by technological advancements and a surge in demand for online gaming experiences. With the widespread adoption of mobile devices and digital payment methods, coupled with the popularity of online gaming, the sector presents lucrative opportunities for gaming entrepreneurs seeking to establish their presence across the continent, starting with a standalone solution.

Marina Nahhas, Sales and Marketing Manager at ProgressPlay said: “We are super excited making our debut at SIGMA Asia with our latest products. Our standalone product has huge potential for local markets and the exhibition gives us an excellent opportunity to present it to a large number of potential new customers.”

ProgressPlay’s standalone licensee offering made its debut at ICE back in January, and in this arrangement ProgressPlay serves as the technology provider while partners take charge of all their own operations.

ProgressPlay’s platform has been meticulously developed over the years, boasting a team of top-notch professionals dedicated to serving regulated markets including the UK. The platform is fully equipped to meet all the diverse requirements, many of which are proprietary services developed in-house.

Notably, ProgressPlay’s platform boasts proprietary AI capabilities for safer gambling shortlisted in the EGR Awards, setting it apart in the industry. Moreover, the platform offers unparalleled flexibility, enabling operators to tailor their offerings to specific regions and regulatory requirements. Through a strategic joint venture with a reputable cashier, ProgressPlay facilitates seamless integration of various payment methods, catering to the diverse needs of its partners.

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ProgressPlay CEO Itai Loewenstein said:“The biggest advantage of the standalone platform is that it enables operators to have a much wider selection of countries and regulatory territories to choose from based on the licenses they hold and the built-in proprietary cashier that is easily adapted to the relevant markets and payment processors. An additional advantage for operators is the ability to create brands under the standalone platform, which is especially helpful in generating healthy ROI in Asian markets which we will be showcasing on stand BR917 at SiGMA Asia.”

The post ProgressPlay takes new standalone product to Asia appeared first on European Gaming Industry News.

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Fun88 India Launches ‘Fun88 X Evolution’ for Guaranteed Wins

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Fun88 India, a leading name in the online gaming industry, has announced the launch of its latest collaboration with Evolution Gaming. “Fun88 X Evolution”, this exciting venture aims to elevate the gaming experience for players, offering a chance at guaranteed wins and exclusive prizes.

I) Lightning 888: Spark Big Wins

Experience the excitement of Lightning Roulette and XXXtreme Lightning Roulette from Evolution Games. Players placing a minimum bet of 400 INR or more on numbers ‘8,’ ‘18,’ or ‘28,’ can win guaranteed prizes of up to 25x on the bet, in addition to regular wins. Get struck by lightning-fast & guaranteed rewards.

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II) Lucky Drop: Win Boosters

Win boosters with random cash prizes alongside regular wins in the beloved Crazy Time or Funky Time from Evolution games. With potential rewards reaching up to 100x on the bet, every bet holds the promise of a windfall. Place a minimum bet of 10 INR or more only and stand a chance to win this delightful surprise.

Fun88 app offers a seamless and convenient entertainment experience on Android or iOS devices. With 24/7 customer support and streamlined deposit and withdrawal processes, Fun88 ensures a hassle-free gaming experience for all users.

The post Fun88 India Launches ‘Fun88 X Evolution’ for Guaranteed Wins appeared first on European Gaming Industry News.

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Resorts World Sentosa Signs MoU for Sentosa Precinct Partnership

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Resorts World Sentosa (RWS) has signed a Memorandum of Understanding (MOU) with the Sentosa Development Corporation (SDC), DBS Bank (DBS) and Singapore Tourism Board (STB) for the development of a Sentosa Precinct Partnership, a multi-lateral partnership aiming to drive Sentosa’s tourism growth.

The announcement of the multilateral partnership comes after the soft opening of Sentosa Sensoryscape, a 350-metre-long connector featuring six sensory gardens with night experience that is directly linked to Ave8 at RWS.

The Memorandum of Understanding (MOU) has been signed during STB’s Tourism Industry Conference, with Minister Grace Fu, Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations, presiding over the event.

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The signatories included Michael Ma, Assistant Chief Executive (Business and Digital Technology Group) of SDC; Lee Shi Ruh, President of RWS; Jeremy Soo, Managing Director and Head of Consumer Banking Group (Singapore) at DBS; and Kenneth Lim, Assistant Chief Executive (Marketing Group) at STB.

Also present at the signing were Thien Kwee Eng, SDC CEO, Tan Hee Teck, RWS CEO, Han Kwee Juan, Singapore Country Head of DBS Bank; and Melissa Ow, STB CEO.

RWS, which operates Southeast Asia’s first Universal Studios theme park, is located on the 500-hectare Sentosa island, which houses an array of themed attractions, spa retreats, and resorts. The resort will be hosting Asia’s premier of Harry Potter: Visions of Magic in the later half of 2024.

The post Resorts World Sentosa Signs MoU for Sentosa Precinct Partnership appeared first on European Gaming Industry News.

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