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Thailand is considering a 0.01 percent tax on gold transactions as part of a broader push to tighten financial monitoring and stop illicit funds from being converted into assets that are harder to trace, including proceeds from fraud, scams, and illegal online gambling. The proposal, under study by...
Vietnam
Vietnam’s Hai Phong is planning to redevelop the historic Do Son Casino into a VND2.11 trillion ($85 million) integrated resort, according to local media reports. The project will be led by Hai Phong International Tourism Joint Venture Company Limited and is expected to begin construction in the...
Asia
Thailand is considering a 0.01 percent tax on gold transactions as part of a broader push to tighten financial monitoring and stop illicit funds from being converted into assets that are harder to trace, including proceeds from fraud, scams, and illegal online gambling. The proposal, under study by...
World
Genting Group chairman Lim Kok Thay said Resorts World New York City could become one of the group’s most successful investments and has the potential to match or even surpass Genting’s Singapore casino business, Resorts World Sentosa, according to Sinchew Daily. Lim is also Genting...
Investment - Legal
Circular No. 101/2017 guiding a number of provisions of the Government's Decree No. 06/2017/ND-CP of January 24, 2017 on horse racing, greyhound racing and international football betting business – issued on October 4, 2017 <table "788"=""><td...
Technology
Scientific Games Corporation has unveiled a brand new slot machine cabinet known as “Mural.” The cabinet, designed via virtual collaboration between the company’s offices around the world due to the COVID-19 pandemic, provides players with a massive display area by offering a dual 55-inch, 4K...
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Thailand weighs gold transaction tax to track illicit flows, including gambling money
The Government Office has just announced the conclusion of Deputy Prime Minister Truong Hoa Binh about the meeting with leaders of Quang Ninh province on August 31. Regarding the investment policy of the high-end resort and entertainment complex project with casino in Van Don economic zone, the...
