Casino commissioners in the Marianas Island have vetted and approved the financial records of Imperial Pacific, operator of Best Sunshine International. The firm has been deemed financially capable of...
MGM China Holdings Ltd. has received approval from its lenders to amend the terms of a HK$23.4 billion (US$3 billion) loan. The more relaxed terms will help the unit...
Last month, a bankruptcy petition filed by Hong Kong Entertainment Investments Ltd., owner of the Tinian Dynasty Hotel & Casino, was dismissed by a U.S. Bankruptcy Court judge.
Taiwan’s new president, Tsai Ing-Wen (l.), could put a damper on prospects to bring gaming to the territory. In 2009, the anti-gaming lawmaker urged peers in the Democratic Progressive...
Chinese legislators have pledged to continue and even strengthen the anti-corruption campaign called for by President Xi Jinping (l.). Fallout from the crackdown has led to an 18-month decline...
Almost 90 percent of IPO capital and other funds earmarked for Phase II of Resorts World Manila have been invested. Phase II of the property will include a convention...
Vietnam will not get its national casino industry off the ground without decreasing the minimum investment and ideally allowing locals to play. The country is expected to license three...
Japanese brokerage firm Nomura predicts Genting Singapore Plc, which operates Resorts World Sentosa (l.), will see a “somewhat better” 2016. Its stock price dropped 29 percent in 2015, and...
Macau now has 141 licensed junket operators, down by 35 junket as of last month. Those 35 failed to submit their accounts in line with new accounting regulations put...
The government of Maharashtra may soon move to enact long-dormant legislation to legalize casino gaming in the Indian state. But union minister Nitin Gadkari (l.) is fighting the plan,...
Enrique Razon (l.), chairman and CEO of Philippines casino operator Bloomberry Resorts Corp., is taking a cautious approach to expanding the company’s Solaire resort in Manila, given quarterly losses...
A risk mitigation firm says the biggest threat to Macau isn’t the mainland’s crackdown on corruption, but terror organizations like ISIS, which may be motivated to attack the territory’s...
Australia-listed Frontier Capital Group Ltd. will complete its acquisition of the Hotel Stotsenberg (l.) and Casablanca Casino in the Philippines before the end of January, the company has announced.
Maharashtra may finally open the door to legal casinos in the Indian state. The government is studying the regulatory structure in place in Goa and Sikkim before enacting a...
Some optimists and investors insist the worst is over for Macau, now in its 19th month of a record-breaking slump. But the Wall Street Journal says the world’s No....
Lawrence Ho’s Tigre de Cristal (l.) near Vladivostok has won raves in its first months of operation. But the integrated resort has been called “a canary in the coal...
SJM Holdings Executive Director Angela Leong has confirmed reports of an alleged multimillion-dollar theft from a junket room at its satellite casino, L’Arc Macau (l.). A senior staffer may...
Philippine gaming operator Bloomberry Resorts has announced the buyback of more than 800,000 company shares to cover a planned stock incentive package for officers and employees. Bloomberry owns Manila’s...
The Northern Marianas Islands’ casino commission has approved regulations and standards for junket operators, in hopes they will bring high rollers to casinos on Saipan, Tinian and Rota.
Gross gaming revenue for 2015 in the Philippines was up 17 percent over 2014, according to figures just released by the Philippine Amusement and Gaming Corp. PAGCOR Chairman Cristino...