Apr 04, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck  
The Mongolian government is believed to have prohibited its employees from playing casino games or staying in any gambling establishment at home or abroad, the Xinhua news agency reports.
Reporting from Ulan Bator, the Chinese government-run news agency quotes the head of the Mongolian cabinet secretariat, Luvsannamsrai Oyun-Erdene, as telling a news conference on Wednesday: “No government official is allowed to gamble”.
Mr Oyun-Erdene said there had been reports made public that Mongolian civil servants, especially high-ranking officials of state-owned companies, had played in casinos in foreign countries.
Xinhua quotes Mr Oyun-Erdene as saying that any government employee found defying the ban will be dismissed.
Mongolia has no legal casinos at present, but it has flirted with the idea of liberalising the gaming sector in the landlocked East Asian nation located between Russia and mainland China.
Just over four years ago, Reuters reported that draft legislation had been approved to permit private partnerships to build two casinos in the country. The news agency, citing the Mongolian Ministry of Justice, said the casinos would be meant for foreigners, mainly Chinese gamblers.
“Russia, China and Japan are some of the biggest gamblers in the world. Japan and Russia already don’t need visas for Mongolia, and Chinese with official passports don’t either,” Reuters reported at the time, quoting a member of the working party that drafted the bill.
Dec 21, 2023
Sep 12, 2023
Apr 24, 2024
Apr 24, 2024
Apr 24, 2024
Gaming technology and content provider FBM has launched an online gaming platform in the Philippines, called FBM E-Motion. “FBM E-Motion promises to change the way local players interact with FBM...(Click here for more)
”[Las Vegas Sands] conservatively would like to reduce absolute debt levels at Sands China given debt raised during the pandemic”
Colin Mansfield and Connor Parks
Analysts at CBRE Capital Advisors