Europe Is Bending the Knee to the US on Tech Policy Summary Europe’s major tech-rule agenda is wobbling under pressure from the US and big American tech companies. Key initiatives — the EU AI Act, Digital Services Act (DSA), Digital Markets Act (DMA), Digital Networks Act and even the EU Space Act — face delays, […]
Australia hit with $1.76B loss from expanding illegal offshore gambling market | AGB Summary Australia is seeing a sharp rise in illegal offshore online gambling that now accounts for more than a third of national online betting activity. According to a Responsible Wagering Australia report cited by AGB, the illegal market reached about $2.54 billion […]
Nearly half of senior leadership roles in Hong Kong’s financial sector now held by women Summary A new joint report from Women Chief Executives Hong Kong (WCE HK), KPMG and The Women’s Foundation (TWF) finds that women now hold 45% of senior leadership positions and 37% of board directorships in Hong Kong’s financial sector — […]
Nevada regulators uphold 15-year ban and $100,000 for trainer whose horses test positive for methamphetamine Summary The Nevada Gaming Commission unanimously upheld a $100,000 fine and a 15-year ban against trainer Ricardo Castillo after four of his winning horses tested positive for methamphetamine following races at the Elko County Fairgrounds in summer 2024. The Board […]
TCSJOHNHUXLEY acquires GPI dice division, solidifying position as global industry leader Summary TCSJOHNHUXLEY has acquired the dice manufacturing operations of Gaming Partners International (GPI), taking full ownership of GPI’s dice assets. The deal brings acclaimed brands TK and Paulson under TCSJOHNHUXLEY’s umbrella alongside its own TCSJOHNHUXLEY brand, boosting production capacity and product range. Operations will […]
Chinese electronic warfare simulation against Starlink | MAGA influencers unmasked | Australia’s under-16s social media ban approaching Summary This digest pulls together three headline stories and other notable developments in cyber, tech and security. Key items: a Chinese simulation concludes that jamming Elon Musk’s Starlink across an area the size of Taiwan is technically feasible […]
Game Theory Explains How Algorithms Can Drive Up Prices Summary Researchers report that even simple pricing algorithms can lead to higher prices without any explicit collusion. Game-theory experiments show that learning algorithms—especially those designed to avoid certain kinds of “regret”—can settle into equilibria where prices stay high because any unilateral change would reduce a seller’s […]
MGM Osaka to create 12,000 jobs: MGM Resorts CEO Summary MGM Resorts International expects to hire about 12,000 staff for its planned Osaka integrated resort on Yumeshima, CEO William Hornbuckle told US regulators during a licensing hearing. The company describes the development as a roughly $12 billion project; other filings value it at JPY1.27 trillion […]
Macau’s Casino Fortuna to close on December 10th, Landmark appears set to operate until end-2025 Summary Casino Fortuna, a highly profitable satellite casino beside Hotel Lisboa on the Macau Peninsula, will cease operations on 10 December, according to an internal notice seen by AGB. The notice (dated 20 November) says the operator will terminate labour […]
Bally’s chair Soo Kim speaks with IAG after receiving probity approval for Star Entertainment Group acquisition Summary Bally’s chairman Soo Kim told Inside Asian Gaming he and his team are energised after New South Wales and Queensland regulators granted probity approval for Bally’s to take a significant, effectively controlling, stake in Star Entertainment Group. Bally’s […]
