Landing Predicts 2016 Loss

Mainland China-based Landing International Development has warned it is likely to post wider-than-anticipated net losses for 2016. The company is now planning a foreigners-only gaming hall on Jeju Island...

Published January 16, 2017

Macau Casino Workers March for Raises

Around 300 dealers in the Chinese casino enclave went public this month with a demand for a 5 percent pay hike. The grassroots labor group that organized the demonstration...

Published January 16, 2017

Goa Casinos Told to Stay Out of Elections

Goa Chief Electoral Officer Shri Kunal is warning casinos to stay out of the state electoral process. Kunal says the watchdog group is working to ensure money doesn’t change...

Published January 16, 2017

Vietnam Changes Slot Payouts

The government of Vietnam has established a higher payout policy for slot machines in the country’s casinos. An amended decree mandates that all machines offer a payout rate of...

Published January 16, 2017

Macau Maintains Its Crown

Macau, the world’s top gaming destination as measured by gross gaming revenue, is back in business after a historic downturn that endured for more than two years. December numbers...

Published January 9, 2017

Vietnam Loosens Locals Ban

The government Vietnam Prime Minister Nguyen Xuan Phuc (l.) is partially lifting a longstanding prohibition on its citizens gambling in casinos ahead of a new gaming law that is...

Published January 9, 2017

Duterte Flip-Flops on Online Gaming

Philippine President Rodrigo Duterte (l.), who has gone back and forth on the issue of online gaming in the country, has done it again, vowing he will close all...

Published January 9, 2017

IP Backs Off Bond Offering; Halts Construction

Imperial Pacific Holdings International has shelved a planned bond offering meant to fund construction of its permanent casino resort (l.) on the Pacific island of Saipan, which it has...

Published January 9, 2017

EGT Exits Cambodia

Lawrence Ho’s Entertainment Gaming Asia has sold off the last of its machine gaming holdings in Cambodia, at the Dreamworld Club (l.) in a casino in the gambling enclave...

Published January 9, 2017

Japan Pledges to Fight Problem Gambling

With widespread public disapproval of legislation that could bring legal casinos to Japan, the government has launched a series of discussions on how to prevent gambling addiction in the...

Published January 9, 2017

Macau Legend Portugal Project May Hit Snag

A report in the Macau Daily Times raised questions about Macau Legend’s development plans in Setubal Portugal. The report cited Portuguese reports that agreements between Macau Legend and the...

Published January 9, 2017

Lippo Looks for the Exit

Hong Kong-listed developer Lippo Ltd. wants out of a South Korean real estate project (l.) with U.S.-based Caesars Entertainment Corp. The project near Incheon International Airport includes a foreigners-only...

Published January 9, 2017

Landing Now Wholly Owns Former Korean Site

Landing International Development has announced it is now the sole owner of the foreigners-only casino project Jeju Shinwa World (l.) in South Korea. The property was originally planned as...

Published January 9, 2017

Goa Mimics Macau Structure

The Indian state of Goa has revised its gaming regulations based on the legal framework observed in Macau. The draft legislation was due to be reviewed by lawmakers before...

Published January 9, 2017

Duterte Cracks Down

Philippine President Rodrigo Duterte (l.) has ordered his government to seize all the gaming assets of Jack Lam, who fled the country last month after an alleged illegal online...

Published December 26, 2016

Macau Ends Year on a Positive Note

Macau can head confidently into the new year, say analysts at Morgan Stanley. The team predicts that gross gaming revenues will rise 10 percent in 2017, up from their...

Published December 26, 2016

Okada Manila Preview Begins

Okada Manila (l.), the $2.4 billion integrated resort from Japanese pachinko magnate Kazuo Okada, kicked off with a glitzy preview event December 21. The official grand opening is set...

Published December 26, 2016

Macau, U.S. Sign Tax Pact

Macau’s Economy Minister Leong Vai Tac and Consul General Kurt Tong (l.) of the United States have signed an agreement that will require Macau banks and other financial bodies...

Published December 26, 2016

Nagaland Launches Online

The Indian state of Nagaland has issued its first online gaming licenses. The first license was awarded to Khelo 365. Licenses also went to Club Empire, Poker High and...

Published December 26, 2016

Trouble for Imperial Pacific

U.S. Labor Secretary Thomas E. Perez (l.) has asked the federal government to issue a warrant to inspect the Imperial Pacific Resort construction project on the island of Saipan...

Published December 26, 2016