ASIAN GAMING
Genting Singapore, operator of Resorts World Sentosa, says that non-gaming attractions will keep Chinese visitors coming, even as Beijing warns its people not to gamble in the city-state.
Macau Legend Pushes Back Sale of Laos Resort
Hong Kong-listed Macau Legend Development expected the sale of its Savan Vegas casino complex in Laos (l.) to close by mid-April. That timeline has been delayed once again, this...
Hong Kong Court Appoints Liquidator for IPI
On April 15, a court in Hong Kong ordered a liquidator for Saipan casino operator Imperial Pacific International. IPI owes millions in licensing fees and judgments, plus interest and...
Macau Casino Credit Bill to Become Law
Macau’s new gaming credit bill, to become law on August 1, restricts the issuance of credit to casino concessionaires, allows contracts with junkets and gives the government the power...
Thai Ministries Studying Casinos
In Thailand, multiple government agencies are studying a House report on legal casinos, which reportedly could significantly increase tourism to the country.
Marina Bay Sands to Invest $3.32 Billion in Resort Expansion
Marina Bay Sands (l.) in Singapore will invest $3.32 billion in an expansion of the integrated resort, which opened in 2011. The project will add a fourth hotel, 1,000...
IPI Settlement Decision Due This Week
Commissioners in the Commonwealth of the Northern Mariana Islands will decide Monday whether to revoke the sole gaming license on Saipan. April 22 is the latest date for a...
Kangwon Land Details Expansion Plan
Kangwon Land, the only locals casino in South Korea, will invest $1.9 billion to expand its casino over the next eight years. The project is meant to draw more...
Macau GGR Could Grow by One-Third in ’24
Gross gaming revenue in Macau could grow 34 percent to $30.3 billion for the year, according to projections from CSLA. The brokerage released its estimates based in part on...
Thai Cabinet Says Yes to Casinos
Thailand is moving closer to a legal casino industry. Last week, the cabinet approved a House measure that could bring up to eight integrated resorts with gaming to the...
Macau Legend Sale May Close April 15
After several delays, the sale of Macau Legend’s Savan Vegas casino (l.) in Laos could be complete by April 15. The buyer is Japanese businessman Shundo Yoshinari.
Manila IR Opening Pushed Back to 2025
Westside City, an integrated resort now under development in Manila, Philippines, will not open this year as planned. According to Suntrust Resort Holdings, the complex will debut early in...
Macau Government Pushes RFID Gaming Tables, Chips
Officials in Macau want more gaming operators to install radiofrequency identification-enabled tables and chips to track player data. RFID can provide information on every bet for enhanced industry monitoring....
Thai Assembly Votes for IRs
On March 27, members of Thailand’s House of Representatives voted overwhelmingly to legalize casino resorts in the kingdom. If the measure passes, analysts say the first integrated resorts could...
MGM’s Hornbuckle Meets Xi in Beijing
MGM Resorts head Bill Hornbuckle (l.) was part of a delegation of U.S. business leaders who met with Chinese President Xi Jinping last week. The move was called an...
Singapore IRs to Begin Massive Expansions
Resorts World Sentosa and Marina Bay Sands in Singapore both will undertake multibillion-dollar expansions starting this year as part of their concession renewal agreements with the government.
Bloomberry, GGAM Settle Solaire Dispute
Philippines gaming operator Bloomberry Resorts, which owns Solaire in Manila, has settled a longstanding legal dispute with Global Gaming Asset Management, agreeing to buy back 921 million shares held...
Thai Casino Bill Will Reach House on March 28
This week, Thailand’s National Assembly will consider a bill to legalize casinos in the kingdom. It could be an uphill battle in a country where anti-gambling sentiment runs high.
Hornbuckle on Osaka: Path to 2030 Opening ‘Pretty Straightforward’
Bill Hornbuckle, president and CEO of MGM Resorts International, says the company is at a “critical” juncture in its development of an integrated resort in Osaka, Japan, but will...
Philippine Gaming Regulator Foresees Billions in Investment
Financiers could invest up to $6 billion into the Philippine gaming industry over the next five years, according to Alejandro Tengco (l.), head of the Philippine Amusement and Gaming...