No Japanese Casino Legislation This Year

Japan’s long-delayed casino bill, which some industry observers thought was on track for passage in late 2016, seems to have stalled again. In January, the ruling Liberal Democratic Party...

Published March 7, 2016

Macau Enjoys New Year Bump

Thanks to an increase in visitation during the Chinese New Year holiday, Macau saw its best month since the recession began in June 2014. The year-on-year numbers were still...

Published March 7, 2016

For Now, Melco Crown Is Down

Credit rating agency Moody’s Investors Service predicts that Asian casino operator Melco Crown Entertainment will stagnate for the near term, with “material improvements … unlikely” in the coming year...

Published March 7, 2016

IH Group Stakes Claim on Rota

IH Group has announced it will develop a $10 billion casino resort on Rota in the Northern Marianas. If approved, the casino hotel is expected to begin construction sometime...

Published March 7, 2016

PAGCOR Looks at Alleged Money Laundering

The Philippine Amusement and Gaming Corp. is looking at allegations of money laundering involving three casinos in the Southeast Asian country. Over the course of just a few days,...

Published March 7, 2016

Mohegan Sun Brags About Win in South Korea

A gaming tribe known for its huge casino in Connecticut, the Mohegan tribe, is branching off and has won a bid to build a $1.2 billion casino resort in...

Published March 7, 2016

Senior Macau Official Under Investigation

The Commission against Corruption in Macau has launched an investigation into Ho Chio Meng (l.), chief prosecutor in the jurisdiction until 2014, in what a local publication described as...

Published March 7, 2016

Tinian Dynasty Forfeits $3 Million to U.S.

The owners of the Tinian Dynasty Hotel & Casino (l.) in the Northern Mariana Islands agreed to forfeit more than $3 million to settle U.S. money-laundering claims. The casino...

Published March 7, 2016

Locals-Permitted Policy Boosts South Korea Casino

Because it admits locals, Kangwon Land Company (l.), located in a remote former mining region three hours east of Seoul, dominates the South Korea's gambling market, generating $1.33 billion,...

Published March 7, 2016

Singapore Casino Regulator’s Efficient Regime Still Functioning a Year After His Retirement

The Singaporean regulator who led the Casino Regulatory Authority for its first seven year, and retired last year, looks on the agency he crafted and finds it good. Richard...

Published March 7, 2016

MGM Cotai, Sands Parisian Delayed

MGM Cotai and the Parisian, two resorts under development on Macau’s Cotai Strip, will open later than originally planned. The MGM resort, set to debut in late 2016, has...

Published February 29, 2016

Genting Doubles Investment in RW Malaysia

Genting Malaysia Berhad plans to double its capital investment in the firm’s Genting Integrated Tourism Plan in Kuala Lumpur. The projected cost has swelled from RM5 billion (almost $US1.2...

Published February 29, 2016

Macau Launches ‘Love’ Promotion

Macau’s Big 6 gaming concessionaires have joined together in a first-of-its-kind promotion aimed at residents of the territory. The “Macau Loves Locals” marketing campaign kicked off last week with...

Published February 29, 2016

Melco Crown to Buy Out Macau Partners

As James Packer plots to privatize his Australia-based Crown Resorts, his Macau joint venture is planning to buy out the minority partners in its new Studio City resort complex....

Published February 29, 2016

Another Junket Theft at L’Arc?

L’Arc Macau, a satellite casino operating under the SJM Holdings license, may have been the site of a second junket theft. The jurisdiction’s Judiciary Police are reportedly looking into...

Published February 29, 2016

Is Macau Turning the Corner?

Macau casino shares trended upward in early February, sparking renewed hope that the recession-battered territory is surfacing after an almost two-year slump. Visitation was up for the month, and...

Published February 22, 2016

Goa’s Under-21 Ban

Local players as well as those under 21 could be banned from playing in Goan casinos. Legislation that would prohibit residents and young people from entering a casino is...

Published February 22, 2016

SJM’s Cotai Project Is Now ‘Grand’

Macau gaming operator SJM Holdings Ltd. has renamed its upcoming resort project on the Cotai Strip. Once named the Lisboa Palace, the planned HKD30 billion (US$3.9 billion) resort has...

Published February 22, 2016

Judge Tosses Sands Trademark Award

A penalty levied against a unit of Leisure and Resorts World Corp. for trademark infringement has been thrown out by a U.S. judge. First Cayagan did not learn about...

Published February 22, 2016

Vegas Meets Cambodia?

The government of Cambodia is looking for big investors from big-name jurisdictions to invest in the kingdom’s casino industry. The Khmer Times reports that lawmakers is planning to “open...

Published February 22, 2016