HKJC To Promote Racing In Mainland China

The Hong Kong Jockey Club has concluded a partnership with authorities in China to help the country improve the quality and integrity of thoroughbred racing. Because race betting is...

Published September 21, 2015

Analysts Slash Genting Forecasts

Unstable currencies in China, Malaysia and Indonesia may take a bite out of revenues for Genting Singapore, analysts say. The depreciation will hurt both VIP and mass-market trends, say...

Published September 21, 2015

Nevada to Close Beijing Office

The Silver State will close its tourism office in Beijing by the end of the year. But Nevada will continue its market efforts on the mainland, according to the...

Published September 21, 2015

Malaysian Company Gets in the Game in Cambodia

A unit of Halex Holdings Bhd is getting into the casino business in Cambodian. A subsidiary of the agricultural chemical company has signed an MOU for a majority stake...

Published September 21, 2015

SJM to Open Jai Alai Palace in 2016

SJM Holdings Ltd. expects to open a new casino on the site of its former Casino Jai Alai (l.), according to reports. The renamed Jai Alai Palace will include...

Published September 21, 2015

Macau Jockey Club Renews Contract

The government of Macau has awarded a two-year contract extension to the Macau Jockey Club. The horse racing operation, which has not turned a profit since 2005, will retain...

Published September 21, 2015

Wynn Loses in Junket Theft

Wynn Resorts Ltd. says the alleged theft of tens of millions of dollars by a cage cashier at a Wynn Macau (l.) junket room does not reflect poorly on...

Published September 21, 2015

South Korea OKs Nine IR Sites for RFPs

The Korean government last week identified nine integrated resort sites for an upcoming RFP process. Most of the sites are near the Incheon airport, but does not include the...

Published August 31, 2015

Vietnam Urged to Legalize Gambling

Vietnamese lawmakers are recommending legalize casino gaming for locals, even as some officials look to increase punishments for gamblers. Foreigners and those with dual citizenship can gamble, but it...

Published August 31, 2015

China’s Troubles Compound Macau’s Problems

Macau’s gaming industry has traditionally benefited from its popularity among Mainland Chinese high rollers, who have kept the casinos busy and profitable (VIP room at Galaxy Macau at left)....

Published August 31, 2015

Big Deals for Donaco

Donaco International will bring Macau junket operator Heng Sheng Group to its Star Vegas Resort & Club in Cambodia. The deal will start in 2015 and run for three...

Published August 31, 2015

Resorts World Genting Boasts ‘World’s Largest Hotel’

Malaysia’s First World Hotel is once again the “world’s largest hotel,” according to the Guinness Book of Records. Weighing in at 7,351 rooms, the hotel, operated by Resorts World...

Published August 31, 2015

Mariana Plans Saipan Slot Hall

Mariana Entertainment plans to open a second slot hall on the island of Saipan in the Northern Marianas, according to multiple reports. The company currently operated Club 88 at...

Published August 31, 2015

Dozens of Companies Bidding on Korea

More than 30 operators are in the race for a casino license in South Korea. Among them: Kolon Global, Grand Korea Leisure and even the National Federation of Fisheries...

Published August 17, 2015

Macau: Let the Public Decide on Smoking

The government of Macau is conducting a 60-day public poll to determine if it will move ahead with a smoking ban in the city’s casinos. Analysts have said implementing...

Published August 17, 2015

Japan to Regulate Bitcoin

The Japanese government plans to regulate transactions involving bitcoin and other virtual currencies. The move follows the investigation of a Tokyo bitcoin exchange CEO who was arrested for allegedly...

Published August 17, 2015

Chinese Police Raid Illegal Ring

Law enforcers in Heilongjiang Province, China raided the headquarters of an alleged international gambling ring involving a website in the Philippines that attracted bettors from the mainland. At the...

Published August 17, 2015

Iao Kun’s Incredible Shrinking Revenues

The Macau junket operator has announced that rolling chip turnover was down 72 percent year-on-year for the month of July. Turnover of VIP business was about US$0.44 billion compared...

Published August 17, 2015

‘Operation Chain Break’ Targets Junkets

The Chinese government is cracking down on junket operators trying to lure Mainland Chinese gamblers to Asian markets including South Korea and the Philippines. Operation Chain Break is on...

Published August 17, 2015

Studio City Good for 150 Tables

Melco Crown Entertainment Ltd. is likely to get 150 new live gaming tables from the Macau government for its new casino resort Studio City (l.), according to analysts from...

Published August 10, 2015