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...

Published May 18, 2015

Electronic Tables Could Beat Live in Asia

A study from Union Gaming says electronic table games may offer better win-per-table than mass-market games with live dealers. Previously, electronic tables were considered less preferred by players and...

Published May 18, 2015

Sands Trumps AAEC

Sands China has won a lawsuit filed by Asian American Entertainment claiming the gaming giant illegally severed a 2001 agreement to jointly bid for a casino license in Macau.

Published May 18, 2015

Genting Malaysia to Sell Hong Kong Stake

Genting Malaysia plans to sell its entire 17.8 percent stake in the group’s Hong Kong-listed subsidiary Genting Hong Kong, calling it a “non-core asset.” Shares will be sold for...

Published May 18, 2015

Numbers Down, Shares Up in Macau

The value of Macau casino shares rose on the Hong Kong Stock Exchange, even as the gaming hub reaches what analysts hope is its bottom. GGR fell almost 39...

Published May 11, 2015

U.S. Pushes Japan Casinos

In its campaign for new casinos in Japan, the American Gaming Association is sharing its first-ever set of Anti-Money Laundering Best Practices with representatives of the country. AGA representatives,...

Published May 11, 2015

South Korea Woos Chinese ‘Low Rollers’

The Asian country is using a double-pronged approach to attract both “low-rollers,” or Chinese shoppers, and VIP gamblers, who have fled Macau in record numbers. The number of Chinese...

Published May 11, 2015

Galaxy Phase 2 May Add 150 Tables

Macau casino operator Galaxy Entertainment Group Ltd. is expected to get 150 gaming tables for its HKD19.6 billion (US$2.5 billion) Galaxy Macau Phase 2 property on the Cotai Strip....

Published May 11, 2015

Chinese Influence Grows in Jeju

As Chinese tourists flood the island of Jeju, more and more Chinese investors are banking on the South Korean province. The provincial government is concerned that foreigners could end...

Published May 11, 2015

Macau to Consider Smoking Lounges

Government officials in Macau are “open” to airport-style enclosed smoking lounges on casino floors. No final decision has been made on the lounges, but lawmakers are willing to “listen...

Published May 11, 2015

Vietnam OKs Phu Quoc Casino

The government of Vietnam has approved a casino resort on the vacation island of Phu Quoc. The country hopes to be more competitive with Singapore, Malaysia, Thailand, the Philippines...

Published May 11, 2015

Monetary Easing Could Help Macau

A monetary easing policy in China could bring relief to the country’s sluggish economy, according to a recent study published in the Asia Pacific Journal of Marketing and Logistics.

Published May 11, 2015

Japan Tries Again

“If at first you don’t succeed…” Casino advocates in Japan last week submitted yet another bill to parliament that would bring legal gaming to the country. Analysts say casinos...

Published May 4, 2015

Down with Wynn

Wynn Macau Ltd., the Asian unit of Wynn Resorts, has posted a first-quarter loss, with adjusted earnings down 45 percent to $212.3 million. In response, the company has slashed...

Published May 4, 2015

Nomura: Sell Melco Crown

The Japanese brokerage firm Nomura has downgraded Melco Crown Entertainment Ltd. from “neutral” to “reduce,” and says the company is likely to derive “limited value” from Studio City (l.),...

Published May 4, 2015

More Details on Mohegan Sun in Korea

The gaming giant is working with the Incheon International Airport Corp. to develop an integrated resort on an 800-acre parcel of land at the South Korea facility, which has...

Published May 4, 2015

Ups and Downs in Macau

The government is talking about a cap on Mainland Chinese tourism to Macau, even as tourism overall declined in March. Unemployment is expected to grow, even as the government...

Published May 4, 2015

Union Gaming ‘Gaga for Naga’

The typically staid gaming research firm has declared its love for NagaCorp., which the firm contends is outperforming its peers in Macau, is doing well across the board, and...

Published May 4, 2015

Century Seeks Arbitrator in Okada Case

Philippine real estate company Century Properties Group is seeking an arbitrator to intercede in its legal battle with Japanese billionaire Kazuo Okada (l.). The parties once planned to partner...

Published May 4, 2015

Broadway Macau to Open May 27

It’s the newest in Macau’s promised array of nongaming attractions: Galaxy Entertainment’s Broadway Macau, which will open later this month. The “entertainment precinct” includes a 3,000-seat theater and hotel,...

Published May 4, 2015