General Benjamin Acorda Jr. (l.), head of the Philippine National Police, says law enforcement officials who look the other way in the face of illegal gambling will face legal...
The Philippine gaming regulator plans to sell off its casinos sometime in 2025, says Chairman Alejandro Tengco. The Philippine Amusement and Gaming Corp. has been criticized for both owning...
With the opening of the Londoner Macao, Sands China has considerably expanded its presence on Macau’s Cotai Strip. The addition brings 6,000 new hotel rooms to host international travelers.
Investors who hoped to develop an integrated resort in Nagasaki face the dissolution of the plan, per an industry expert. Professor Toru Mihara says the consortium could fall apart...
Korean gamblers are the backbone of the Philippine VIP segment, according to a note from Maybank Securities. The number of visitors from Korea has reached 70 percent of pre-Covid...
The Philippine gaming regulator will divest of its casino assets by the end of 2024, says Chairman Alejandro Tengco. The Philippine Amusement and Gaming Corp. has been criticized for...
Gross gaming revenue in Macau was projected to reach $1.38 billion for the first three weeks of May, according to estimates from JP Morgan Securities. That’s an improvement on...
SJM Holdings has indicated that its Grand Lisboa Palace resort should be fully operational by the end of the year, with almost 1,900 hotel rooms. GLP is located in...
The Philippines’ gaming regulator PAGCOR recently paid $34.8 million in cash to the country’s treasury. The funds represent its declared dividends for 2022.
Maybank Securities analyst Samuel Yin Shao Yang says the imminent return of Chinese air travelers portends well for Resorts World Sentosa, Genting’s integrated resort in Singapore.
Macau’s recovery is continuing in full force, with economists now expecting gross gaming revenue to exceed expectations set in January. After three years of closures due to Covid-19, the...
The Macau government will not waive a 5 percent tax on commissions paid by casinos to junkets. An industry trade group had appealed for relief, saying junkets in the...
Gaming operators in Macau will be fined if they run afoul of a proposed new amendment to the gaming law. If passed, the law would prohibit management and sub-concessionaires...
With mass gaming on a roll in Macau, Morgan Stanley analysts are projecting the segment could almost equal revenues for 2019. April numbers were “circa 100 percent” of pre-pandemic...
PH Resorts Group, a unit of Philippines business conglomerate Udenna Group, is hoping investors will enable it to resume construction on a stalled integrated resort in Cebu.
Mohegan Gaming’s long-awaited South Korean resort, Inspire, is set to open in late 2023, according to the U.S.-based tribal gaming enterprise. Inspire will include a foreigners-only casino.
Macau casinos posted brisk gaming revenues for April, up 450 percent year on year and more than 15 percent from the previous month. Tourism was healthy for the Labor...
Visitation continues to climb in Macau, which reopened its borders in January. For March, arrivals increased 271.4 percent year-on-year and 22.8 percent over February.
Macau lawmakers have proposed a new amendment to the city’s recently revised gaming law. It would prohibit management companies from extending credit to gamblers.