Clouds Gathering at Best Sunshine?

A report claims that big cash flows at the Best Sunshine casino on Saipan have United States government officials sniffing around the island, which is part of a U.S.-controlled...

Published November 21, 2016

Singapore Visitors Up, Gaming Revenue Down

From January through June 2016, international visitors to Singapore increased 10.3 percent to 11.3 million compared to 2015. Officials said that helped offset a 17 percent drop in earnings...

Published November 21, 2016

Recovery Continues in Macau

Gaming operators and investors may be heaving a collective sigh as the slow but steady recovery continues. The world’s top gaming destination is emerging from a downturn that lasted...

Published November 21, 2016

Bloomberry Up 7 Percent in Q3

Philippine gaming operator Bloomberry Resorts Corp. reported net profit of PHP1.41 billion (US$28.7 million) for the third quarter, up 7 percent over the second quarter. It credits an upswing...

Published November 21, 2016

Bangladesh Reclaims Stolen Millions

Officers of a Bangladesh central bank recently traveled to Manila to pick up $15 million of the $81 million stolen from its account in the New York Federal Reserve...

Published November 21, 2016

Crown Employee Released

The first of 18 Crown Resorts employees detained in China last month for alleged “gambling crimes” has been released on bail. Executive assistant Jenny Chiang reportedly worked for Crown...

Published November 21, 2016

Studio City Announces Bond Issue

Melco Crown’s Studio City in Macau has announced it will issue a bond offering to redeem and refinance its existing US$1.4 billion credit facility. The bonds will include senior...

Published November 21, 2016

Japan: The New Gold Rush

Global gaming operators will be ready to pounce when and if Japan moves ahead with casino gaming legislation. The country’s Integrated Resorts Promotion Bill is said to be headed...

Published November 14, 2016

Wynn Disappoints in Macau

Steve Wynn says his new $4.4 billion Wynn Palace has struggled out of the gate because of limited access. The lavish resort, which opened in August on Macau’s Cotai...

Published November 14, 2016

China Alliance Could Benefit Philippine Casinos

The effort by Philippine President Rodrigo Duterte (l.) to smooth relations between his country and China could mean more Chinese tourism and more business for Philippine casinos.

Published November 14, 2016

Belle Profits Soar

Philippine gaming company Belle Corp., an investor in Melco Crown’s City of Dreams Manila casino (l.), saw net income attributable to shareholders rise 54.8 percent year-on-year for the nine...

Published November 14, 2016

Junket Embezzler: Pay Up $12.9 Million

A Macau court has ordered a one-time Dore Entertainment cage cashier to repay almost $13 million in monies she allegedly embezzled from a VIP room at Wynn Macau. The...

Published November 14, 2016

Newspaper: Extend Lockout Laws to Sydney’s Star Casino

An editorial in the Sydney Morning Herald is calling for an end to the Star Casino’s (l.) exemption from alcohol lockout laws. The government recently found that violent incidents...

Published November 14, 2016

MGM Planning $10 Million Japan Mega-Resort

Should gaming become legal in Japan, U.S. gaming giant MGM Resorts International may invest up to $9.5 billion in a Japanese casino through a real estate investment trust, says...

Published November 7, 2016

Will Vietnam Let in Locals?

The government of Vietnam, which now bans casino gaming by Vietnamese nationals, may open the door to local gamblers as part of a three-year experiment. The measure could help...

Published November 7, 2016

Studio City Opens VIP Room

More than a year after it opened, Melco Crown’s Studio City resort in Macau launched its first VIP operations. The firm moved 33 VIP tables to the property on...

Published November 7, 2016

S. Korea’s Locals Casino Sees 3Q Boost

Kangwon Land (l.), the only casino in South Korea that allows locals to play, saw a rise in net income of 4.5 percent for the third quarter. The gaming...

Published November 7, 2016

Wynn, Contractor Make a Deal

Wynn Macau and its contractor on the city’s Cotai Strip have announced an agreement that will settle litigation over the new Wynn Palace. Leighton Asia had missed important construction...

Published November 7, 2016

No Movement on Macau Casino Worker Ban

Macau’s Social Welfare Bureau wants more time to consider a request by the local regulator to ban casino workers in the city from entering or playing in casinos during...

Published November 7, 2016

Galaxy ‘Hits Stride’

Galaxy Entertainment Group is outperforming across all segments in Macau, according to a consensus of analysts. It’s a wave the Hong Kong-based gaming company could ride despite new competition...

Published November 7, 2016