The Cambodian government has granted licenses for 10 new casinos, for a grant total of 75 nationwide. The new additions are concentrated in the coastal holiday resort of Sihanoukville...
As a tourism destination, Korea faces competition from other Asian countries, especially Japan, says a research group. But price comparisons come down in the Koreans’ favor.
The Vietnamese government is seriously considering allowing citizens to gamble in the country’s casinos. The proposal is now under review by the Institute of Regional Sustainable Development.
The agency in Cambodia charged with combating money laundering says its lacks the funding and manpower to do the job. The country has become a haven for laundering cash...
China’s State Administration for Foreign Exchange has introduced new limits on UnionPay cash withdrawals by cardholders outside China. The move is further indication the Mainland government is concerned about...
Macau junket runner Neptune Group Ltd. says a 33 percent year-on-year decline in its gaming revenues may cause it to shut down its VIP rooms at the Venetian Macao,...
Melco Crown reportedly may buy out its hedge fund partners at Studio City (l.) in Macau in order to own the resort outright. The deal with its U.S.-based investment...
Vietnam’s seven foreigners-only casinos posted combined revenues of VND1.379 trillion (US$61.3 million) last year, according to newly released industry figures. Of that, the government took VND339 billion (US$15 million)....
All that glitters was not gold as the Chinese Republic’s Golden Week holiday got under way last week. Retailers saw disappointing returns on the first day of the seven-day...
The planned 2016 debut of a new ferry terminal with helipad on Macau’s Cotai Strip is being hailed as a “game changer” for the vicinity that will enable elite...
This time, they put it in writing: the Macau Health Bureau acknowledges a full smoking ban in the city’s casinos will cause the leading economic engine to sputter even...
Melco Crown Entertainment managers and supervisors who have worked for the Macau company at least five years may earn a bachelors degree in casino management in-house. Called MCE YOU-niversity,...
Investors in Macau junket operator Dore Entertainment continue to cry foul in the aftermath of a multimillion-dollar rip-off at the company’s Wynn Macau VIP rooms. They have even taken...
Starting in November, the Macao Trade and Investment Promotion Institute will handle promotions for the city’s meetings, incentives, conferences and exhibitions business. IPIM will take over from Macau Economic...
Japanese billionaire Kazuo Okada (l.) and his Universal Entertainment Corp. will not pursue damages against former employees who accused the firm of bribing Philippine officials for a casino license.
Lawrence Ho’s Tigre de Cristal (l.) near Vladivostok in the Russian Far East will undergo a three-month to six-month “ramp-up” period before it is fully operational, the company has...
Junket runner the Heng Sheng Group has opened its VIP club at the Star Vegas Resort and Club casino (l.) in Poipet, Cambodia. Heng Sheng inked a three-year deal...
Developer Landing International of Mainland China says its acquisition of a South Korean casino will “establish its own branding and presence in the gaming industry worldwide.”
Brokerage Sanford C. Bernstein says Genting Singapore, operator of Resorts World Sentosa, is well-positioned to grow its mass-market segment due to a “more diverse” mix of amenities.
Shares of Halex Holdings rose on news that the agrochemicals company is planning to invest in a Cambodian casino. A subsidiary of the company has signed an MOU for...