Morgan Stanley: Philippines Asking Price for State-Owned Casinos Too Pricey

Investment bank Morgan Stanley said in an advisory note this week that the Philippines government seeking nearly $1.5 billion for its state-owned land-based casinos is likely a bit rich. Casino Filipino in Angeles City is owned and operated by the Philippines Amusement and Gaming Corporation. The government-controlled casinos are up for sale, but the $1.47

UPDATED: Kentucky Sports Betting Bill Clears Legislature in Session’s Final Day

In the end, legalizing sports betting in Kentucky on Thursday came down to politics. Kentucky Senate President Robert Stivers (right) speaks with Senate Democratic Leader Gerald Neal on the floor of the Senate Thursday. Hours later, the chamber would vote to pass a bill to legalize sports betting. (Image: Lawmakers in the General Assembly,

Abilify and Problem Gambling: Doctors, Patients ‘Unaware of Danger’

The UK’s National Problem Gambling Clinic (NPGC) says there needs to be stronger messaging around the antipsychotic drug aripiprazole and the risks of developing gambling addiction. Abilify is used to treat schizophrenia and other mental health issues, but its ability to cause impulse control disorders, including compulsive gambling, is underemphasized. (Image: Alder Apothoke) Better known

Macau Health Code App that Tracked Residents During Pandemic Disabled

The Macau Health Code mobile application that tracked residents and visitors amid the COVID-19 pandemic has been terminated. A government worker presents a pamphlet instructing a resident on how to download and install the Macau Health Code app. Macau this week disabled the health tracking app and its COVID-19 data. (Image: Asia Gaming Brief) Being

Ex-Connecticut Lawmaker’s Casino Fraud Conspiracy Sees First Prison Sentence

A former West Haven, Conn. city employee has been sentenced to 13 months in prison for his role in a conspiracy involving ex-State Rep. Michael DiMassa to steal more than $1.2 million in federal Covid-relief money. Di Massa blew thousands of dollars in stolen funds at Connecticut’s Mohegan Sun Casino, according to prosecutors. John Bernardo,