Imperial Pacific Opens Temp Saipan Casino

Hong Kong-listed gaming company Best Sunshine International, a subsidiary of Imperial Pacific, has opened a new temporary casino in the Galleria shopping mall (l.) and personnel training center on...

Published December 7, 2015

Mohegans: A Foot in the Door

The Mohegan Tribal Gaming Authority has placed its bid for a casino license near Incheon International Airport in South Korea. If approved, the $1.6 billion resort city would be...

Published December 7, 2015

Sri Lanka Shelves $100 Casino Entry Fee

In its budget for 2016, the Sri Lankan government has eliminated a proposed $100 casino entry fee but will make it up with a tax hike on operators, including...

Published December 7, 2015

Ho Tram Adding Towers, Villas

The Ho Tram Project Company and the Vietnamese construction firm Coteccons will develop a series of new residential towers on the Ho Tram Strip. The new development will include...

Published December 7, 2015

Vietnam Cuts IR Investment to $2 Billion

Vietnam, which had demanded a minimum investment of $4 billion for new integrated resorts in the country, may halve that requirement. In addition, the investment can be made in...

Published November 30, 2015

Mohegans, Korean Chemical Company Team Up

A South Korean chemical manufacturer, KCC Corp., has acquired an almost one-fourth stake in a planned integrated resort on the island of Yeongjong. Leading the project is U.S. tribal...

Published November 30, 2015

Japan: Hurry Up and Wait

Casino operators interested in Japan will have to wait some more for legislation that could open the nascent jurisdiction. According to reports, the long-delayed casino bill could now be...

Published November 30, 2015

Melco Crown Amends Credit Agreement

Melco Crown’s amended credit agreement, forged after its Studio City resort opened in Macau, is a plus, says Moody’s Investment Service. But it’s not enough to change Moody’s negative...

Published November 30, 2015

Kuala Lumpur: Illegal Bets Out of Control

A rise in illegal gambling has prompted the Kuala Lumpur government to use the Prevention of Crime Act to crack down on gambling dens and their operators. But law...

Published November 30, 2015

Fallout from Dore Theft Continues

A Dore Entertainment cage cashier accused of stealing millions of dollars in money from Macau junket investors has left the once-booming business reeling, and may have endangered it altogether,...

Published November 30, 2015

Chui: Macau Recovery Will Take Time

Macau Chief Executive Fernando Chui Sai-on (l.) says the city can expect more contraction in its gaming industry. But the economy will stabilize in time, and the decline will...

Published November 23, 2015

No Surprise: Mohegan Sun to Bid on S. Korea

The Mohegan Tribal Gaming Authority of Connecticut, known as Mohegan Sun, has confirmed it will apply for a casino license near South Korea’s Incheon International Airport. The tribe will...

Published November 23, 2015

Poipet’s Casino Crown Up for Grabs?

Could Sihanoukville (l.) displace Poipet as the top casino destination in Cambodia? Could be, as more gamblers seek out coastal resorts, and Chinese investors look to add to the...

Published November 23, 2015

Melco, Lenders Come to Terms

The majority owner of Macau’s newest casino resort has reached an agreement to modify a US$1.4 billion loan agreement. Melco Crown faced default because it did not get 400...

Published November 23, 2015

Tigre de Cristal Officially Opens

Lawrence Ho’s Tigre de Cristal, the first casino in Russia’s Primorye gaming zone, marked its grand opening November 11 with some controversy: an appearance by a caged endangered tiger.

Published November 23, 2015

Casablanca Casino to Grow

Frontier Capital Group, about to acquire the Casablanca Casino in the Philippines, could benefit big-time from the expansion of the local airport. Frontier plans “an aggressive growth strategy” to...

Published November 23, 2015

Korean Players Pull Out of Bidding

Grand Korea Leisure, which already operates three Korean Seven Luck casinos (l.), and NagaCorp will not apply for casino licenses on Yeongjong Island off Incheon, saying the broad crackdown...

Published November 16, 2015

Studio City No Boost for Macau

Macau has seen no bump in traffic on its gaming floors as a result of Studio City’s grand opening on October 27. The new $3.2 billion Melco Crown resort...

Published November 16, 2015

Sports Betting the Cure for Macau?

Some in the industry say Macau could reverse its 17-month losing streak if it gets into sports betting. Currently, only one gaming operator controls all the sports betting and...

Published November 16, 2015

Korean Regulators Close Casino for One Month

Philippines-based Bloomberry Resorts Corp. has been slapped with a one-month suspension of operations at its Jeju Sun property in South Korea. The punishment was meted out over tax problems...

Published November 16, 2015