Philippine listed company Suntrust Resort Holdings announced that it will sign a strategic cooperation agreement with Travellers International Hotel Group Inc (TIHGI) and its affiliated enterprises, operators of Newport World Resorts. As Suntrust steps back and Alliance Global takes over the $12.5 b
The Central Bank of the Philippines (BSP) warns that if unregulated online gambling continues to spread, the Philippines may face a re-evaluation by the Financial Action Task Force (FATF). Central Bank Governor Eli M. Remolona Jr. stated at the 2025 Manila Technology Summit that ongoing issues relat
The Nepalese government has recently strengthened the regulation of casino capital flows, requiring all casinos to report any single customer transaction amount reaching or exceeding 1 million Nepalese Rupees (about $7,400) within 24 hours. This move aims to enhance financial transparency and help N
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
Gibraltar successfully "de-greyed", taking a crucial step in anti-money laundering reformThe European Commission's latest announcement in June shows that the Financial Action Task Force (FATF) has officially removed Gibraltar from the "enhanced monitoring list" (commonly known as the "grey list"). T
The European Commission recently announced that several countries and regions have been officially removed from its "High-Risk Third Countries with Strategic Deficiencies in Anti-Money Laundering and Counter-Terrorist Financing" list, indicating substantial progress in financial regulatory complianc
The Caribbean island nation of Nevis is stepping onto the global online gambling stage. With new legislation passed, the country is about to officially launch its first comprehensive online gaming licensing system, aimed at attracting operators seeking top-tier regulation. Industry observers believe
The online gambling market in Pakistan has formed a unique underground economic ecosystem between Islamic law and national law. Despite the Gambling Ordinance of 1977 and sections 294-A to 294-D of the Pakistan Penal Code explicitly prohibiting all forms of gambling activities, the scale of the gray
Philippine President Ferdinand Marcos recently held a special ceremony at Malacañang Palace to recognize the significant contribution of the Philippine Amusement and Gaming Corporation (PAGCOR) in removing the country from the Financial Action Task Force (FATF) grey list.PAGCOR Chairman and CEO Alej
The Vanuatu Citizenship Commission has announced a complete suspension of the CIIP citizenship by investment program for obtaining Vanuatu citizenship passports, with the restart date to be determined.A spokesperson for the Vanuatu Immigration Bureau stated: "The suspension is to comply with interna
The Philippine Department of Justice (DOJ) stated that the government has decided to completely ban Philippine Offshore Gaming Operators (POGO), which is considered a key factor in the Philippines' efforts to be removed from the Financial Action Task Force (FATF) grey list.At a news forum in Quezon
Recently, the Philippines successfully exited the Financial Action Task Force (FATF) "grey list," marking significant progress in its anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. However, experts warn that sectors like online gambling and cryptocurrencies may still pose
The Presidential Palace of the Philippines announced that the Philippines has successfully been removed from the Financial Action Task Force (FATF) grey list, a breakthrough that not only provides more efficient and low-cost financial channels for cross-border transactions but also significantly enh
Denmark’s Gambling Authority, Spillemyndigheden, has drawn attention to the latest updates from the Financial Action Task Force (FATF) on high-risk jurisdictions, reinforcing the importance of compliance with global anti-money laundering (AML) and counter-financing of terrorism (CFT) measures. The
The Danish Gambling Authority, Spillemyndigheden, calls for attention to the latest list of high-risk jurisdictions selected by the Financial Action Task Force (FATF).The Financial Action Task Force, also known as GAFI, was established in 1989 as an intergovernmental working group to combat money la
This brand was Silver Sponsor of the workshop, entitled ‘The role of lotteries and their positive impact on society,’ organized by the Argentine State Lotteries (ALEA). By Damian Martinez, journalist at G&M News. What is your assessment of recent ALEA’s gathering in Cordoba, Argentina? Understan
