Alejandro H. Tengco, Chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), once again made it clear: the Philippines should not completely ban online gambling, but should promote industry compliance, safety, and sustainable development through stricter regulation.Tengco deli
Online gambling company Annexio Limited announced that it will voluntarily surrender its B2C license in the Isle of Man, becoming another company to exit the local licensing system. Despite this, the company emphasized that its headquarters will remain in Douglas, "Our roots are still here".Founded
Thai police are accelerating their crackdown on a transnational telecommunication fraud syndicate led by "Fu Guoan". On July 23, the Technology Crime Suppression Division announced that the case had been transferred to the Anti-Money Laundering Office to initiate asset freezing and fund recovery, an
The Malta Gaming Authority (MGA) and the Malta Financial Services Authority (MFSA) have officially signed a bilateral Memorandum of Understanding aimed at enhancing cooperation and coordination between the two regulatory bodies. The agreement covers structured information exchange, law enforcement c
As global anti-money laundering regulators are set to conduct an in-depth review of Canada's national framework in November, Canadian gaming industry and regulatory experts are urgently calling for systemic reforms to the current anti-money laundering system. This assessment, initiated by the Financ
Philippine Offshore Gaming Operators (POGO) began in the Cagayan Special Economic Zone in 2003, initially as a policy experiment modeled after European practices. Cagayan, relying on the "RA 7922 Act," gained licensing autonomy and attracted a large number of Chinese-funded platforms. The basic logi
Sri Lankan police recently froze the assets of 88 individuals suspected of drug smuggling, money laundering, financial fraud, and organized crime, following a court order. The total value of the frozen assets exceeds 4 billion rupees (approximately 100 million yuan), marking one of the country's mos
This week, the Philippine government massively deported 100 Chinese citizens suspected of participating in illegal offshore gambling (POGO) activities, marking a new phase in the country's crackdown on illegal gambling and transnational crime. These individuals were previously arrested in locations
The Malta Gaming Authority (MGA) recently published its Market and Financial Report for 2024, showcasing key achievements in licensing, compliance, player protection, and financial performance over the year. The report provides detailed information, focusing on industry regulatory trends, gambling b
To boost the sluggish tourism economy, the Thai government is actively promoting the legalization of casinos and planning to establish highly regulated integrated entertainment centers to prevent money laundering and excessive gambling. In early June, Suksit Srichomkhwan, the Deputy Secretary-Genera
The Swedish Gambling Authority (Spelinspektionen) recently imposed administrative fines totaling 19 million Swedish kronor (approximately 2 million US dollars) on Betsson Nordic, Snabbare, and TSG Interactive for failing to comply with the Gambling Act's regulations regarding customer deposits.Speci
The Ministry of Interior of Cambodia recently issued an official statement, sternly refuting the contents of a report published by a foreign organization titled "Policy and Patterns: The Threat of Transnational Crime under Cambodian National Asylum to Global Security." The ministry pointed out that
In response to the growing risk of transnational organized crime in the video game industry, the Isle of Man government recently issued a new "National Risk Appetite Statement" (NRAS), explicitly proposing to strengthen regulatory measures in high-risk industries, especially against potential threat
Philippine cybersecurity experts recently warned that cryptocurrencies are becoming a new "invisible channel" for cross-border crime. Particularly in the case of the kidnapping and murder of Filipino-Chinese entrepreneur Guo Congyuan, the ransom was transferred through a virtual wallet, which has dr
On May 17, 2025, at 1:54 PM, the Philippine police, in collaboration with the armed forces and the National Security Council, successfully arrested Gong Wenli (also known as Huang Yanling, Kelly Chen Lin, among other aliases), a key suspect from Hunan, China, in the kidnapping and murder case of Fi
Recently, an internal audit at Sendit Tech revealed an online gambling transaction scandal involving more than 10 billion Thai Baht, shocking the Thai fintech sector.Sendit Tech is a joint venture supported by Indonesian and American investors, which entered the Thai market in 2022 by acquiring a lo
