Junket Ops Down in Macau

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...

Published January 25, 2016

Mumbai Closer to Legalizing Casinos

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,...

Published January 25, 2016

Razon: Solaire to Grow ‘At the Right Time’

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...

Published January 25, 2016

Could Terrorists Target Macau?

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...

Published January 25, 2016

Casablanca Casino Sale Nears Close

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.

Published January 25, 2016

Indian State Considering Casinos

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...

Published January 18, 2016

WSJ: New Supply Could Hurt Macau

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....

Published January 18, 2016

Make or Break in Russia

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...

Published January 18, 2016

SJM: Millions Missing in Junket Heist

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...

Published January 18, 2016

Bloomberry Buys Bloomberry

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...

Published January 18, 2016

CNMI Commish: Junkets Are ‘Travel Agents’

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.

Published January 18, 2016

Up in the Philippines

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...

Published January 18, 2016

Ho Trial Under Way

The trial of former Hotel Lisboa Director Alan Ho is under way in Macau. The nephew of gaming industry legend Stanley Ho was arrested last January on suspicion of...

Published January 18, 2016

Da Nang Cruise Ship Casinos Can Stay Open in Port

Casino cruises based in the Vietnamese city of Da Nang will soon be able to remain open after they return to port. Officials believe the relaxed rules will attract...

Published January 18, 2016

Cambodia Cashes In

Gaming revenues in Cambodia were up a robust 33 percent in 2015. The Finance Ministry credits better tax collection for the boost, which beat the previous three years by...

Published January 18, 2016

Another Delay for Japan Casino Bill

The government of Japan and the Liberal Democratic Party have passed on considering a casino bill during the ordinary parliamentary session that began January 4. According to a member...

Published January 11, 2016

India Considers Legal Sports Bets

A year after forming a panel to study illegal gaming, India has taken a giant step toward legal sports betting. The panel was formed in response to a 2013...

Published January 11, 2016

Tigre de Cristal a Hit in Far East

An increase in tourism to Russia’s Primorye region has been attributed in part to the October debut of Lawrence Ho’s new integrated resort near Vladivostok. Visitation to the area...

Published January 11, 2016

What’s Behind Greek Mythology Closure?

Casino Greek Mythology in the Taipa section of Macau, which abruptly closed without notice December 30, is under renovation and will reopen, according to Ambrose So, executive director and...

Published January 11, 2016

IP Saipan Down in Second Month

Imperial Pacific’s temporary casino (l.) on the island of Saipan generated $1.44 billion in December, down 11.7 percent from November, when the temporary casino launched VIP gaming.

Published January 11, 2016