Asia
Las Vegas Sands is not going to open casino in North Korea
![Las Vegas Sands is not going to open casino in North Korea](https://europeangaming.eu/portal/wp-content/uploads/2018/07/Sands-North-Korea.jpg)
US casino operator Las Vegas Sands denied the reports that it is going to start a gaming venue in North Korea.
It was reported earlier that the company is planning a North Korean venture. Sheldon Adelson, the company boss, hinted in meeting in Jerusalem, where he was born, that the recent dialogue between the US and North Korean governments could pave the path to open business opportunities in Korea. These are his exact words:
“I wasn’t born here. I wasn’t raised here, I didn’t serve in the army here. I did serve in the United States Army. I’m a veteran of the Korean War. Actually, I hope Trump gets North and South Korea to finish the war. I feel as though I might be called back up. I fight enough. I don’t want to go back to Korea to fight. I want to go back to Korea to open up my business.”
Numerous gaming media outlets have since claimed that Adelson was referencing Sands’ ambition to establish a North Korean casino.
You will notice that Adelson’s comments above do not specify which Korea he’s eyeing for planting his casino flag. And while North Korean leader Kim Jong-un may have toured Sands’ Singapore property Marina Bay Sands ahead of his summit with US President Donald Trump – and Adelson has an on-again/off-again relationship with Trump – Adelson is a savvy businessman whose history offers no evidence of the recklessness that would be required to invest the millions (or billions) in a jurisdiction as volatile as North Korea.
Sands has repeatedly expressed interest in establishing a South Korean casino property, specifically floating plans for resorts in Incheon and Busan. However, Sands stipulated that it would not build in South Korea unless the company relaxed its ban on local residents entering the vast majority of the nation’s existing casinos.
Since North Korea’s alleged casino plans specifically refer to an international tourist zone, it is extremely dubious that Sands would be willing to relax its local’s requirement for the North when it would not do so in the South’s far more stable legal climate.
So, while it makes for a good headline, the idea of Sands establishing a North Korean casino is about as likely as Kim Jong-un and Trump wife-swapping to celebrate the de-nuclearisation of the Korean peninsula.
Source: CalvinAyre.com
Asia
PAGCOR BRAVES FLOODS TO HELP DISASTER-HIT COMMUNITIES
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/PAGCOR-BRAVES-FLOODS-TO-HELP-DISASTER-HIT-COMMUNITIES_20240726_120712_0000.png)
At the height of the downpour and massive flooding in Metro Manila and nearby provinces Wednesday, volunteer teams from the Philippine Amusement and Gaming Corporation (PAGCOR) started bringing relief packs to affected communities.
Classes and government work were suspended on Wednesday and Thursday due to the widespread flooding, but PAGCOR volunteers went into action nevertheless.
“Even at the height of the flooding, and even before the President ordered government agencies to provide assistance to affected communities, PAGCOR employees already went to action to help those in need,” PAGCOR Chairman and CEO Alejandro H. Tengco said.
The PAGCOR chief said that since July 24, the agency has delivered more than 21,000 food and non-food relief packs for thousands of affected families.
“After the heavy rains subsided and it was safe to do so, we started bringing immediate aid to flooded communities in Caloocan City on Wednesday, followed by relief operations in Valenzuela, Malabon and Malolos, Bulacan the next day,” he said.
Mr. Tengco added that PAGCOR was scheduled to distribute relief goods to the cities of Marikina and Navotas on Friday as well as to affected towns in Bulacan like Calumpit and Bulakan which were all submerged in floodwater.
“It has been second nature to PAGCOR to immediately respond to the needs of affected communities in times of disasters,” he said.
“We understand that while it is part of our mandate to contribute to nation-building, it is also our moral obligation to help ease the plight of Filipinos in times when they need help the most,” the PAGCOR chief added.
He said PAGCOR’s relief operations are ongoing, with more employees volunteering to help repack relief goods Saturday and Sunday in the agency’s warehouse in Imus, Cavite to support distribution efforts in the coming days in Bataan, Batangas and Cavite.
Asia
AGTech Wins Lottery Terminal Supply Tenders for Shaanxi, Zhejiang and Jiangsu Provinces
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/4-9.jpg)
Lottery and integrated technology and services company AGTech Holdings Limited (AGTech) has announced that one of its wholly-owned subsidiaries has successfully won procurement tenders to supply lottery terminals to Sports Lottery Administration Centres in Shaanxi province, Zhejiang province and Jiangsu province of the People’s Republic of China.
AGTech already has previous success in the China market, having won a bid in 2018 for supplying its new dual, touchscreen lottery terminals to the Chinese provinces of Guizhou, Shanghai and Hebei.
Even before this, AGTech introduced new instant win games, launched in partnership with Chinese logistics firm SF Holdings across Shenzen, Nanchang, Changsha and Nanjing.
Asia
Philippine President Marcos Announces Ban on POGOs
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/2-8.jpg)
Philippine President Ferdinand Marcos Jr has banned the establishment of any new Philippine Offshore Gaming Operators (POGOs), also known as Internet Gaming Licensees (IGLs), with immediate effect. Existing POGO operators will have until the end of the year to wind down their operations.
The verdict, not entirely unexpected, was delivered during his State of the Nation Address in Manila on Monday following widespread pressure from a Senate investigation into illegal POGO-linked activities.
“Effective today, all POGOs are banned. I hereby instruct [gaming regulator] PAGCOR to wind down and cease the operations of POGOs by the end of the year,” Marcos said in his SONA.
The decision to shut down POGOs follows a series of recent raids on illegal POGO compounds in Pampanga and Tarlac amid allegations they had been engaging in human trafficking and scam activities.
A full ban, proposed by multiple senators, had also gained the support of the Department of Finance (DOF) and the National Economic and Development Authority.
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