Success Dragon Breaks with Vietnam Hotel

Gaming services company Success Dragon International Holdings Ltd. has ended a business contract with the owner of the five-star Le Meridien Hotel in Ho Chi Minh City, Vietnam.

Published April 3, 2017

Razon: Duterte’s China Policy Paying Off

Warmer relations between China and the Philippines will help the casino sector, says Bloomberry Resorts Chairman and CEO Enrique Razon. In 2016, Philippine President Rodrigo Duterte (l.) visited the...

Published March 27, 2017

Arson Suspected at SJM Cotai Resort

The blaze that erupted March 17 at the site of the Grand Lisboa Palace (l.), an SJM resort under development in Macau’s Cotai district, may have been started by...

Published March 27, 2017

Goa’s About-Face on Casinos

India’s Bharatiya Janata Party is about to form Goa’s state government for the next five-year parliamentary term, though it has no clear majority. Not surprisingly, the BJP Governor Mridula...

Published March 27, 2017

Cebu Casino Shelved, But License OK’d

Last fall, Philippine agribusiness Calata Corp. planned a US$1.4 billion casino resort (l.) in Lapu-Lapu City, Cebu. Mactan Leisure City has now been cancelled due to concerns about “political...

Published March 27, 2017

Saipan Lawmaker Seeks Gaming Tax

Rep. Edwin K. Propst (l.) of Saipan is outraged that no gaming revenue tax is being collected from Imperial Pacific International, which runs the one and only casino on...

Published March 27, 2017

Vietnamese Billionaire to Enter Van Don

Vietnamese billionaire Trịnh Văn Quyết (l.) has received permission to invest about US$2 billion in a casino resort in Quang Ninh Province through his FLC Group Joint Stock Co.,...

Published March 27, 2017

Call for Sports Betting Study in India

Law Commission of India Chairman Justice B S Chauhan (l.) is calling for a study on the impact of legalizing sports betting. Chauhan wants the study to look at...

Published March 27, 2017

Kangwon Land at ‘2014 Levels’

Investment bank Morgan Stanley says sales at Kangwon Land casino resort in South Korea have dipped to “2014 levels,” but could grow again this year. The resort is the...

Published March 27, 2017

Casino Critics: Shut Down Taiwan Referendum

The portion of Taiwan’s Offshore Islands Development Act that permits gaming referendums should be stricken from the legislation, say civic groups who are up in arms after a petition...

Published March 27, 2017

PAGCOR in No Rush to Divest

The state-run Philippine Amusement and Gaming Corp. is in no hurry to sell off its 46 casinos, according to PAGCOR Chairwoman Andrea Domingo (l.), who predicts a surge in...

Published March 27, 2017

Philippine Court Opens Door to Club Development

A Philippine appeals court has denied an appeal to stop the redevelopment of the historic Army and Navy Club in Manila. The site is expected to be turned into...

Published March 27, 2017

Paradise City Opening April 20

South Korea’s first integrated resort, Paradise City (l.) near the Incheon International Airport, is scheduled to open April 20 according to Paradise Co. and Japan’s Sega Sammy.

Published March 20, 2017

Lam Cleared in Philippines Bribery Scandal

Macau casino and junket operator Jack Lam (l.) appeared to be in hot water with Philippines President Rodrigo Duterte. But a Philippines Senate panel has absolved him of guilt...

Published March 20, 2017

Is Japan Really Gaming’s Holy Grail?

Predictions are that Japan will host a multibillion-dollar gaming industry as early as 2020. But estimates of the jurisdiction’s value range widely and are often tempered by caution.

Published March 20, 2017

Imperial Pacific Seeks Extension on Saipan

As expected, Imperial Pacific International has asked for an extension of its deadline to complete a multibillion-dollar integrated resort project (l.) on Saipan Island in the Commonwealth of the...

Published March 20, 2017

Name Change Ahead for Melco Crown

Melco Crown Entertainment Ltd. plans to change its name to Melco Resorts and Entertainment, the company has confirmed. The change, which is subject to shareholder approval, should be complete...

Published March 20, 2017

Goa OKs Sixth Offshore Casino License

Even as politicians in the Indian state of Goa assert their opposition to the local casino industry, the industry continues to grow. A sixth offshore casino will soon enter...

Published March 20, 2017

Cambodia Casino Tax Hits $48 Million

The Cambodian government garnered $48 million in taxes from the gaming sector in 2016, up more than 38 percent from 2015. NagaCorp paid in an additional $16.5 million in...

Published March 20, 2017

Macau Economy to Grow 5.2 Percent in 2017

The Macau economy should grow 5.2 percent in 2017 with 5.3 percent growth expected in 2018, according to the latest report on Macau from the Economist Intelligence Unit.

Published March 20, 2017