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ASIAN GAMING

Okada Breaks Ground in Philippines

Okada Breaks Ground in Philippines

by Staff

Sat, Feb 04, 2012

Kazuo Okada (in white behind podium with PAGCOR Chairman Cristino “Bong” Naguiat) has broken ground on his company’s integrated resort project in the Philippines. Tiger Resorts, Leisure and Entertainment is building a $2 billion property capable of competing with similar properties in the region—which could be at the root of the current unpleasantness between buddies Okada and Steve Wynn.

New Year, New Jump

New Year, New Jump

by Staff

Sat, Feb 04, 2012

Macau gaming revenues benefitted from both the western and the Chinese new years. After a year of explosive growth, not much has changed as revenues were up 35 percent from January 2011. At left, the lines entering Macau at the border crossing.

Goa Election Season Hits Casinos

Goa Election Season Hits Casinos

by Staff

Sat, Feb 04, 2012

Election Day liquor bans are familiar happenings in India. But in the state of Goa, liquor sales are restricted for 45 days prior to the event. The partial ban kicks in each evening one or two hours before midnight and is hurting business at the tourism-driven casinos.

Sands Parcel 7 and 8 Appeal Launched

by Staff

Sat, Feb 04, 2012

When the Macau government denied the inclusion of parcels 7 and 8 in December 2010, Sands China vowed to appeal. The process was launched in early January, according to a local publication.

Macau Employee Group Concerned About Smoking

Macau Employee Group Concerned About Smoking

by Staff

Sat, Feb 04, 2012

With Macau’s smoking ban officially in effect, an employee group is asking the government to speed up the year grace period given to casinos to comply with the restrictions on them.

Report: Melco Crown Seeks Studio City Loan

Report: Melco Crown Seeks Studio City Loan

by Staff

Sat, Feb 04, 2012

Despite claims that a casino is not an approved part of its recent acquisition, reports say that Melco Crown has been approaching banks for more than a billion dollars in loans to complete Macau Studio City.