Macau’s Loss is Cambodia’s Gain

Cambodian gaming operator NagaCorp Ltd. says its business has benefited from new restrictions on proxy bets and junket operations in Macau. NagaCorp runs NagaWorld in Phnom Penh.

Published August 22, 2016

Amax Could Sue Greek Mythology

A temporary closure of the Beijing Imperial Palace Hotel and the Greek Mythology Casino (l.) has sparked threats of legal action by Amax International Holdings. The casino operates under...

Published August 22, 2016

Goa Hikes Casino Tax

Land-based casinos in the Indian state of Goa will pay more in taxes as the government imposes the third rate increase in as many years. For example, a smaller...

Published August 22, 2016

IP Saipan Looks to Profitable First Half

Hong Kong-listed Imperial Pacific International Holdings, which posted a net loss of $21.8 million for the first half of 2015, is looking forward to better results for the first...

Published August 22, 2016

Tokyo’s Koike Supports Casino

Yuriko Koike (l.), the new governor of Tokyo and the first woman to hold the position, agrees with the country’s Liberal Democratic Party that a casino in the Japanese...

Published August 15, 2016

PAGCOR Pulls License of PhilWeb

Philippine gaming regulator PAGCOR will let casino operator PhilWeb Corp.’s license terminate without renewal. The development is part of an anti-gaming campaign undertaken by new President Rodrigo Duterte.

Published August 15, 2016

People’s Party: Bring Locals Casino to S. Korea

South Korea’s minority opposition People’s Party wants a second casino in the country to accept South Korean nationals. Currently, residents are allowed to gamble only at one of 17...

Published August 15, 2016

Myanmar Casinos on Watch List

Two casino resorts in Myanmar are on a government watch list. Though casinos are illegal in the country, the Grand Andaman and Victoria Entertainment resorts have been operational since...

Published August 15, 2016

Macau Stabilizing at Last?

After 26 consecutive months of decline, analysts say Macau’s gaming industry could see the lowest drop in several years, 0.5 percent year-on-year in August. The catastrophic downturn began in...

Published August 15, 2016

Vietnam Finalizes Betting Rules

Vuong Dinh Hue (l.), the deputy prime minister of Vietnam, has asked the Ministry of Finance to fine-tune draft rules on horse and dog racing and international football betting...

Published August 15, 2016

Marina Bay Sands a Terrorist Target?

Marina Bays Sands, one of two casinos in Singapore, narrowly missed being attacked by terrorists, say Indonesian police. Six suspects reportedly planned a rocket attack on the area, home...

Published August 15, 2016

Packer’s Macau Exit Strategy?

Could casino titan James Packer (l.) be planning to bail out of his investments in Macau? One industry analyst says that may be the Australian billionaire’s next big move....

Published August 15, 2016

Philippine Bank Fined in Money Laundering Scandal

The bank that helped tens of millions of dollars leave Bangladesh’s central bank and disappear into two casinos in the Philippines has been fined more than $21 million. The...

Published August 15, 2016

Incheon Airport Inks Inspire Deal With Mohegans

Incheon International Airport Corp. in South Korea has signed an agreement with Inspire Integrated Resorts to develop a casino complex on Yeongjong Island. Inspire is a partnership of the...

Published August 8, 2016

With LDP in Charge, Japan Again Looks at Casinos

Though Japan has been called the greatest untapped gaming market in the world, government opponents have kept legislation on the back burner—until now, with the ruling party’s recent “plus-one”...

Published August 8, 2016

Duterte Crackdown Could Cost Millions

Newly-elected Philippine President Rodrigo Duterte (l.) is making good on his promise to crack down on the country’s online gaming industry. In the five weeks since he took office,...

Published August 8, 2016

Best Sunshine, Home of the ‘VVIPs’

The Best Sunshine Live casino on the Pacific island of Saipan continues to rake in the big bucks thanks to high rollers CEO Mark Brown (l.) refers to as...

Published August 8, 2016

Gaming Pilot Program for Vietnam?

Michael Kelly of Asian Coastal Development Ltd. and the Ho Tram Project Company says Vietnam could benefit from an educational gaming pilot program led by established global operators.

Published August 8, 2016

Savan Vegas Not a Done Deal

Macau Legend Development Ltd., which has offered US$42 million to operate the Savan Vegas hotel and entertainment complex (l.) in Laos, has until August 31 to close the deal,...

Published August 8, 2016

Delta Corp. to Run Sikkim Casino

Bombay-listed Delta Corp Ltd. announced late last month that it has been licensed by the Sikkim government to operate a casino in the Indian state. It will develop the...

Published August 8, 2016