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- Thailand Opens Casino Resorts to Private Investors
Thailand's Deputy Finance Minister says Disney, Universal and other private investors could join integrated casino resorts once new regulations are in place. Thailand Deputy Finance Minister, Julapun Amornvivat, has announced that the country’s integrated casino resorts will welcome participation from all private investors. He disclosed that major global entertainment firms like Walt Disney and Universal Studios could even establish a foothold in Thailand, provided they adhere to the necessary regulatory frameworks once the relevant legislation is enacted. The Deputy Minister’s comments come amid a broader discussion in Thailand about how to integrate casinos into its entertainment landscape. Some politicians have voiced the opinion that the government should operate casinos directly, rather than allowing global operators to participate. However, Amornvivat firmly supports an open approach that invites international players who want to explore opportunities in these integrated casino resorts within entertainment complexes. His comments, as reported by The Bangkok Post , came as he called for comprehensive discussions among relevant state agencies regarding the operational framework for these casinos. He aims to conclude these discussions by mid-month, ensuring that the proposal can progress smoothly through the legislative process. The discussions will not only cover the operational aspects but also delve into the mechanisms for tax collection, a crucial element of the initiative. Under the existing State Fiscal and Financial Disciplines Act, tax collection responsibilities fall to the Customs, Revenues, and Excise departments within the Finance Ministry. This structure complicates the establishment of any separate committee for tax oversight, a suggestion that has been proposed by some members of the House. Amornvivat emphasized that adherence to the law is non-negotiable, highlighting the importance of clarity and accountability in financial operations. Addressing concerns related to potential social impacts, he reiterated the need for careful assessment of the project. The Deputy Minister stated, “We need to assess the project thoroughly to prevent negative impacts on the economy and society.” His commitment to ensuring responsible development indicates a sensitivity to the social implications that gambling could introduce. The prospect of large-scale entertainment complexes has generated excitement among both investors and local communities. With the potential for job creation and increased tourism, stakeholders see these developments as a way to revitalize the economy. However, there are also voices of caution urging careful consideration of gambling’s societal impact, particularly concerning addiction and community well-being. As discussions progress, Amornvivat has stressed the importance of transparency in operations. Investors, whether local or international, must comply with established guidelines to ensure a fair playing field. This transparency will be vital not only for regulatory compliance but also for fostering public trust in the new industry. Amornvivat also addressed suggestions regarding the establishment of a fund aimed at assisting individuals with gambling problems. Current regulations prevent ministries or agencies from creating redundant funds, which will necessitate further discussions before any solutions can be proposed. This indicates a recognition of the potential risks associated with gambling, and a desire to implement safeguards to protect vulnerable populations. The introduction of casinos in Thailand represents a significant shift in policy since there has been an increasing interest in the potential economic benefits of legalizing casinos in Thailand. For years, the country has maintained strict laws against gambling, often forcing locals to seek entertainment options abroad.
- Macau Regulator Introduces New Baccarat Side Bets for Golden Week
Macau approves new baccarat side bets "Lucky 7" and "Super Lucky 7" for October Golden Week, a peak gambling period. Macau’s gaming landscape is set to get a fresh twist as the local casino regulator has approved two new baccarat side bets: “Lucky 7” and “Super Lucky 7.” Industry sources have indicated that these exciting additions will likely debut on gaming floors just in time for the upcoming October Golden Week holiday, a peak period for tourism and gambling in the region. According to the Macau Daily Times , the approval comes from the Gaming Inspection and Coordination Bureau, which oversees gaming operations in Macau. The new side bets are part of a broader strategy to enhance the gaming experience for visitors and to attract a more diverse clientele. With Golden Week being one of the busiest times for casinos in Macau, the timing of this launch could significantly boost player engagement and revenue. Payout Structures and Game Mechanics The “Lucky 7” side bet offers enticing payouts that appeal to players looking for a thrill. For a winning “player” hand with a total value of seven made from two cards, the payout is 6-to-1. However, if players achieve a three-card hand that also totals seven points, the payout jumps to an impressive 15-to-1. This simple yet effective payout structure is designed to encourage players to take risks while playing baccarat. On the other hand, the “Super Lucky 7” introduces a more intricate payout system with three distinct tracks. The highest potential payout, a remarkable 100-to-1, applies when a winning “player” hand of seven points surpasses a “banker” hand of six points, each consisting of three cards. Additionally, there are lower payout options of 40-to-1 and 30-to-1, depending on the specific card compositions involved. This layered approach adds depth to the game and caters to high-stakes players seeking larger returns. Both side bets will be available on traditional live table games as well as on the increasingly popular “smart” live-dealer table format. This flexibility allows casinos to adapt to varying player preferences, enhancing the overall gaming experience. Notably, the game mechanics of these new bets are similar to the “Dragon Tiger” baccarat variant found at Singapore’s Marina Bay Sands, showcasing a growing trend in the region’s gaming offerings. The introduction of “Lucky 7” and “Super Lucky 7” follows the earlier success of the “Small 6/Big 6” baccarat side bet, which gained popularity among Macau’s six casino operators earlier this year. Launched in conjunction with the May Golden Week holiday, the “Small 6/Big 6” side bet, reminiscent of the “Tiger Baccarat” game in Singapore, offers payouts of 22-to-1 and 50-to-1 based on certain “banker” hand outcomes. The successful integration of this side bet demonstrates a positive reception from players, paving the way for more innovative betting options. Industry experts believe that these new offerings will enhance the competitive edge of Macau’s casinos, especially as they strive to retain their status as the world’s premier gaming destination. As other gaming hubs like Singapore innovate, Macau aims to maintain its allure through continuous improvements and fresh experiences for visitors. The Golden Week period in October is a critical time for Macau’s economy, drawing thousands of tourists from mainland China and other regions. The introduction of these new side bets is expected to capitalize on the influx of visitors during this holiday. Casinos are likely to market these bets aggressively, highlighting their unique features and attractive payout structures.
- RAV Bahamas Sues Genting Over Alleged Fraud at Bimini Resort
RAV Bahamas has sued Genting Bhd. over allegations of fraud at Resorts World Bimini, claiming the company burdened the resort with nearly $1B in debt. The complaint details how Genting’s alleged actions have resulted in the devaluation of RAV’s investments, making their contributions “essentially worthless.” RAV Bahamas owns 22% of BB Entertainment, the entity responsible for operating Resorts World Bimini, and it accuses Genting of committing “massive and co-ordinated fraud” by mismanaging finances. RAV’s lawsuit claims that Genting has systematically deprived the joint venture of profits and has obstructed RAV’s access to vital financial records. According to RAV, Genting’s practices have led to BB Entertainment accumulating substantial losses over the years. Financial statements reveal that BB Entertainment recorded losses of $151.3 million in 2022, $114.2 million in 2021, and $105.6 million in 2020, contributing to an overall debt burden that reached $885.2 million by the end of 2022. “Only a massive and coordinated fraud could dump nearly a billion dollars of debt on a small island resort,” states a portion of the lawsuit which was reported by the Bahamas-based publication The Tribune . It further alleges that Genting Bhd, the Malaysian gaming giant that holds a 78% stake in the resort, concealed these liabilities through vague financial categories, effectively masking the true state of the resort’s finances. The lawsuit outlines a troubling scenario for BB Entertainment. By the end of 2022, the company had a net equity deficit of $693.7 million, indicating serious financial distress. The report from Ernst & Young, which audited the financials, raised concerns about the company’s ability to continue operating, citing a “material uncertainty related to going concern.” This assessment highlighted that BB Entertainment’s current liabilities exceeded its current assets by $70.5 million. Genting’s alleged mismanagement appears to extend beyond just financial mishandling. RAV claims that the Malaysian firm has made it difficult for them to understand the financial realities of their partnership. They assert that Genting has refused requests for an independent audit and has not granted full access to the financial records of BB Entertainment. This lack of transparency has left RAV unable to assess the true financial health of the resort and its investments. RAV’s lawsuit also emphasizes that Genting has attempted to sell the resort without addressing the alleged misallocations in financial records. Given that the estimated value of BB Entertainment is significantly less than the liabilities reported, RAV claims this situation has effectively rendered their contribution of 20 acres of land to the joint venture completely valueless. The partnership between RAV Bahamas and Genting began in 2012, with RAV contributing key infrastructure to what is now Resorts World Bimini. The resort features a casino, hotel, and various amenities designed to attract tourists to the Bahamas. However, since Genting took majority control in 2015, financial troubles have mounted, prompting RAV to seek legal redress.
- PCSO Lotto Results March 4, 2025
PCSO Lotto Results and winning numbers for Tuesday, March 4, 2025. Here are the complete lotto results for March 4, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/58 Ultra Lotto Result 6/49 Super Lotto Result 6/42 Lotto Result 6D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results March 3, 2025
PCSO Lotto Results and winning numbers for Monday, March 3, 2025. Here are the complete lotto results for March 3, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/55 Grand Lotto Result 6/45 Mega Lotto Result 4D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results February 28, 2025
PCSO Lotto Results and winning numbers for Friday, February 28, 2025. Here are the complete lotto results for February 28, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/58 Ultra Lotto Result 6/45 Mega Lotto Result 4D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results February 27, 2025
PCSO Lotto Results and winning numbers for Thursday, February 27, 2025. Here are the complete lotto results for February 27, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/49 Super Lotto Result 6/42 Lotto Result 6D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results February 26, 2025
PCSO Lotto Results and winning numbers for Wednesday, February 26, 2025. Here are the complete lotto results for February 26, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/55 Grand Lotto Result 6/45 Mega Lotto Result 4D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results February 25, 2025
PCSO Lotto Results and winning numbers for Tuesday, February 25, 2025. Here are the complete lotto results for February 25, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/58 Ultra Lotto Result 6/49 Super Lotto Result 6/42 Lotto Result 6D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results February 24, 2025
PCSO Lotto Results and winning numbers for Monday, February 24, 2025. Here are the complete lotto results for February 24, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/55 Grand Lotto Result 6/45 Mega Lotto Result 4D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results February 21, 2025
PCSO Lotto Results and winning numbers for Friday, February 21, 2025. Here are the complete lotto results for February 21, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/58 Ultra Lotto Result 6/45 Mega Lotto Result 4D Lotto Result 3D Lotto Result 2D Lotto Result
- PCSO Lotto Results February 20, 2025
PCSO Lotto Results and winning numbers for Thursday, February 20, 2025. Here are the complete lotto results for February 20, 2025, as released by the Philippine Charity Sweepstakes Office (PCSO). Check them out to see if you’ve won. 6/49 Super Lotto Result 6/42 Lotto Result 6D Lotto Result 3D Lotto Result 2D Lotto Result




















