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Court clears PCSO for conducting online lottery bidding in the Philippines

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The Supreme Court of the Philippines has cleared the Philippine Charity Sweepstakes Office (PCSO) for conducting a public bidding process for its online lottery system. The High Court’s Third Division had stopped the process, quelling a previous ruling from a lower court.

According to the Supreme Court, the Philippine Gaming and Management Corporation (PGMC), which leased out equipment for the PCSO’s online lottery operations in Luzon from 1995 to August 2018 cannot demand “exclusive rights” to be protected beyond the expiration of its contract with the PCSO.

“[PGMC] failed to provide proof that the Amendments to Equipment Lease Agreement was extended beyond 21 August 2018. It cannot claim that it has alleged exclusive rights to be protected and that it will suffer irreparable injury if petitioner continued with the Nationwide Online Lottery System bidding process,” the High Court stated and added: “This is precisely because the bidding was for the next supplier of the Nationwide Online Lottery System for a period of five years after 21 August 2018 or commencing on 22 August 2018.”

Source: FocusGN

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George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Las Vegas Sands pushes hard to get Japanese IR license

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Las Vegas Sands President courts Osaka officials, pitches multi-billion-dollar integrated resort plan.

Robert Goldstein, the president of US-based casino company Las Vegas Sands, has held meeting with Osaka Governor Ichiro Matsui and Osaka Mayor Hirofumi Yoshimura to present the company’s plans for building and running a casino in Osaka. Osaka is tipped to be one of the three locations for which the newly announced IR licenses will be issued.

Goldstein briefed the officials about Las Vegas Sands’ success in the international gambling markets and company’s plans for investment in building an greatest integrated resort in Osaka. Sand now has casino facilities in Las Vegas, Macau, and Singapore.

Las Vegas Sands is willing to invest more than $10 billion for an IR facility in Japan.

Source: Latest News on European Gaming Media Network

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eSports market of Japan grows 13-fold last year

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According to gaming industry publisher Gzbrain Inc, Japan’s eSports market has grown by 13-fold to touch ¥4.8 billion (about $42.5 million) this year.

There has been a massive jump in revenue since competitive video gaming was legalised in February. The Japan Esports Union has also been set up, which provides professional licenses to gamers.

A number of new competitions have been planned. All these will make Japan’s eSports fan base to grow further. The industry forecast is that the domestic market will touch about $90 million in 2022.

Source: Latest News on European Gaming Media Network

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Caesars Entertainment hopeful of winning Japan license

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Jan Jones Blackhurst, Executive VP of Government Relations of Caesars Entertainment, is confident of winning the license for Japanese Integrated Resort (IR) licenses. The Japanese government has decided to issue three IR licenses for yet to be decided provinces. A number of international gambling operators are jostling to obtain one of the three licenses.

Blackhurst says that Caesars is right on track to win one of the three available licenses.

She said: “This is probably the single most important market to open in the last decade for sure, maybe the last two decades.”

Jones Blackhurst shot into prominence when she became Las Vegas’ first female mayor in 1991. She joined Caesars after serving two terms as mayor.

Source: Latest News on European Gaming Media Network

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