ASIAN GAMING
The vice chairman of Success Universe Group Ltd. says the company will replace two VIP gaming tables with 100 electronic baccarat machines at its Ponte 16 casino (l.) in...
Media Groups Ask Sands to Unseal Documents
The court battle between Sands China Ltd. and Las Vegas Sands with former employee Steven Jacobs continues to spiral out of control as the media has asked the court...
Unhappy Anniversary
The casino industry in Macau is marking 12 straight months of revenue declines as the historic slump drags on and on. A looming full smoking ban won’t help, nor...
Wynn Active in Asia
Despite some questions about when some of the Cotai projects would open, Wynn Palace will open on time. Also, Steve Wynn visited Kazakhstan to talk with President Nursultan Nazarbayev...
Donaco Pays $360 Million for Cambodian Casino
Australia-listed gaming operator Donaco International will pay $360 million to acquire Star Vegas (l.) in Poipet, Cambodia. Star Vegas has 109 tables and more than 1,260 gaming machines, with...
Will S. Korea Open Up Locals Market?
Some analysts say South Korea has limited the country’s casino industry by limiting the opportunities for locals to play. Of the country’s 17 land-based casinos, 16 prohibit South Korean...
NagaWorld Leases Out More Slots
Cambodian casino operator NagaCorp Ltd. will lease a 300-machine EGM business at its NagaWorld (l.) casino resort in Phnom Penh. NagaCorp will get 70 percent of the revenue, and...
Banyan Tree Plans Vietnam Casino
Singapore-based hotel company Banyan Tree has issued a request for concept as it plans an integrated resort with gaming in Vietnam. The resort would be based at Laguna Lăng...
China to Taiwan: ‘No Casinos’
Despite warnings from Mainland China to keep gaming out of the Kinmen Islands (l.), the president of Taiwan’s legislature says the country will move ahead with its plan to...
Plastics Company Announces Casino Plan
A Malaysian plastics manufacturer is going into the lottery business in Cambodia in a prelude to a full-blown gaming unit, according to company officials. Luster Industries Bhd. hopes to...
Macau Workers Want Strong Unions
Casino workers in Macau can form trade unions, but those unions cannot legally represent the rank and file, call a strike, or bargain with management. Many workers want that...
Rough Seas for South Korea Cruises
Planned casino cruises off the coast of South Korea may end up on the rocks. Opponents of the cruise ships, which would allow Korean nationals to gamble at sea,...
Okada Gets New Manila Partner
Philippine-based Century Properties has settled its dispute with Universal Entertainment Corp., run by Japanese billionaire Kazuo Okada. The companies once planned to work together on Okada’s Manila casino, Tiger...
Jeju Casinos to Pay Higher Tax?
The government of Jeju in South Korea will analyze the tax yield from the island’s eight casinos with a goal of maximizing revenue. It isn’t known if the government...
U.S. Japan’s Ally in Casino Gambit
As Japanese lawmakers press for legal casinos in the country, the U.S. gaming industry is lending a hand. The American Gaming Association sent representatives, including SVP Sara Rayme (l.),...
No New Singapore Licenses
A Singapore senior official says the republic will not expand its casino market when the country’s two existing licenses expire in 2017. Instead, the government will focus on the...
Big Trouble for Adelson?
Revelations from documents that disprove testimony by Las Vegas Sands Chairman Sheldon Adelson in a lawsuit hearing could spell trouble for the casino mogul. And this is only a...
More Gloomy Forecasts for Macau
Some gaming industry analysts predict a rebound in Macau’s casino business, either in the short-term or over a span of years. But the news last week was almost uniformly...
PAGCOR Seizes $2.2 Million from Tiger Resorts
Citing delays in a Manila casino development, the Philippine Amusement and Gaming Corp. has confiscated a $2.2 million guarantee payment from Kazuo Okada (l.) and his Universal Entertainment Corp.
Casinos Cruises for South Korea?
South Korean nationals are banned from gambling at all but one of the country’s 17 licensed land-based casinos. Kangwon Land (l.) is a very lucrative casino. To meet the...