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

Court: Melco Crown Erred in Manila Hire

The Philippine Court of Appeals has ordered Melco Crown to honor a 2014 agreement it made to refrain from hiring employees of Bloomberry Resorts, its rival in Manila’s Entertainment...

Published March 20, 2017

Lippo Completes Exit from Incheon

Hong Kong-listed real estate developer Lippo Ltd. has completed its withdrawal from Caesars Entertainment’s South Korea integrated resort project at Incheon, near the capital city of Seoul.

Published March 20, 2017

Philippines Lawmaker Wants Separate Online Regulator

Philippines Senator Richard Gordon (l.) has proposed the creation of a new regulatory body for online gaming outside the authority of the state-run regulator, the Philippine Amusement and Gaming...

Published March 20, 2017

Japan May Limit Gaming

Gaming industry analysts say Japan may limit its gaming industry to two giant integrated resorts. One media outlet called it “pulling a Singapore,” where only two casino exist, Marina...

Published March 13, 2017

LVS Still Eying Vietnam

Despite comments about “uncertainty and risk” in the Vietnam gaming market, the Las Vegas Sands Corp. continues to weigh its future there, according to senior executive George Tanasijevich (l.).

Published March 13, 2017

MGM Cotai Is ‘Beautiful’

MGM Resorts International, now in the final stages of completing its new resort on Macau’s Cotai Strip has revealed the property’s name: “Mei Si Mei,” or “Beautiful Lion, Beautiful...

Published March 13, 2017

Questions Arise about Saipan Casino

The long-awaited Imperial Pacific resort on the Pacific island of Saipan is scheduled to open by the end of March. Though the high-roller retreat supposedly raked in billions in...

Published March 13, 2017

South Koreans Gambled $17 Billion Last Year

Wagering on lotteries, sports and Kangwon Land’s (l.) slot machines and table games was up nearly 8 percent in 2016 for a total equivalent to a whopping US$17.6 billion....

Published March 13, 2017

Macau ‘Turns a Corner’

MGM China Holdings CEO Grant Bowie (l.) is confident Macau’s gaming industry has stabilized and will improve moving forward. The market has enjoyed seven straight months of growth in...

Published March 13, 2017

Philippine AML Still Sub-Par

A year after the multimillion-dollar cyber-heist that threw the Philippines’ lax anti-money laundering rules into the spotlight, the country has not made great strides in strengthening AML safeguards, says...

Published March 13, 2017

Silver Heritage Profits Down in ’16

Asian casino operator Silver Heritage Group Ltd. saw its net losses grow in 2016 to US$4.58 million for 2016, compared to US$4.24 million in the previous year.

Published March 13, 2017

Macau GGR Surges 17.8 Percent

The ups and downs continue in Macau, where the gaming industry’s recovery has proven anything but predictable. GGR was up in February to MOP 23 billion, for a 17.8...

Published March 6, 2017

Galaxy Gears Up for Japan

Macau casino operator Galaxy Entertainment Group, which saw a 51 percent increase in profits in 2016, is one of many global operators hoping to expand into Japan when the...

Published March 6, 2017

Vietnam a ‘Hot Spot’ for Investors

Legislation that would permit the Vietnamese people to gamble in the country’s casinos has made the jurisdiction a “hot spot” for leading operators including the Las Vegas Sands Corp.,...

Published March 6, 2017

Silver Heritage Struggles in Nepal

The ASX-listed operator was readying the debut of its third casino in Nepal last week as reports swirled that the new Tiger Palace Resort Casino (l.)was beset with cost...

Published March 6, 2017

Sands China Launches Loyalty Program

Sands China is partnering with ICBC and MasterCard to offer the “Sands Lifestyle” loyalty program, which will allow members to earn points on worldwide purchases redeem them at LVS...

Published March 6, 2017