ASIAN GAMING
The Philippine casino industry expects marked growth this year, due in part to an influx of Chinese players sidestepping the casinos in Macau. The head of the Philippine Amusement...
HK Rejects Junket Listing
Macau-based junket operator Iao Kun Group Holding Co. Ltd., now listed on the Nasdaq stock index in the United States, has been denied a listing on the Hong Kong...
Suncity Opens VIP Room at Wynn Macau
One of Macau’s biggest junket operators, Suncity Group, will take over part of the updated VIP gaming area at Wynn Macau, according to reports from the Chinese gaming hub....
Macau Theme Park: Wave of the Future?
Some industry analysts and lawmakers, as well as the Mainland Chinese government, say Macau doesn’t have enough mainstream attractions beyond gaming. Sands China could change that with its new...
Arrests Follow Macau Marketing Raids
Macau’s Judiciary Police raided 19 apartments and seized equipment used to send gaming-related communications. Nine suspects from Mainland China and Taiwan have been detained following the action on February...
Incheon Airport Plans Resort
Incheon Airport in South Korea is planning an integrated resort project at the facility near Seoul. For inspiration, the airport is looking to Resorts World Sentosa in Singapore. The...
Singapore Bettors Love Lottery
In 2013, Singapore punters spent almost $8 billion outside the country’s two casinos. Singapore Pools, the state-owned lottery subsidiary, took is more than $6 billion of that amount. Horse...
Macau’s Lisboa Palace On Track for 2017
SJM Holdings Ltd. expects construction of the multibillion-dollar Lisboa Palace on Macau’s Cotai Strip to be completed in the fourth quarter of 2017. Other operators in the gaming destination...
Junket Head: Macau’s VIPs Cannot Be Replaced
Alvin Chau, head of Macau junket operator Suncity Group, disagrees with some casino operators that mass-market players, even in volume, can replace VIPs. With the government crackdown on money...
Donaco Raises Millions for Cambodian Buy
Australia-based casino operator Donaco International Ltd., which owns a single property in Lao Cai, Vietnam, has raised AUD92.4 million (US $71.8 million) to help finance the purchase of the...
China Crackdown Extends to Other Markets
Gaming jurisdictions around the world have been salivating at the prospect of attracting Chinese high rollers who no longer want to play in Macau. A disapproving Chinese government says...
Vietnam to Choose Casino Operator
Vietnamese officials are preparing to choose an investor to build a casino resort in the province of Quang Ninh. The selection will be made in March, with construction set...
Macau Slump Takes Toll on Property Values
The dramatic decline in gaming revenue and loss of VIP players is having a negative impact on real estate values in Macau. Demand for high-end homes and luxury condos...
Paradise Courts Chinese Visitors
Paradise Co., South Korea’s largest casino operator for foreigners, plans to expand its casino holdings and increase its number of table games by more than 10 percent to accommodate...
Macau: Eight Months and Counting… Down
The casino industry in the Chinese colony has posted its eighth straight month of revenue declines. The historic slump began last summer, when President Xi Jinping (l.) began a...
Rally for Nepal Casino Industry
Last year, the Nepalese government closed all the country’s casinos, claiming operators were behind on newly established mandatory fees. With renewed interest in the market by casino operators including...
Success Universe Wants Macau Gaming License
Success Universe Group Ltd., owner of Casino Ponte 16 (l.) in Macau’s Inner Harbour, wants its own gaming license. The company now operates under the SJM license. SJM owns...
Up in Smoke: Smoking Ban will Hurt Macau
Macau’s plan to ban smoking in the city’s casinos―including VIP rooms, where lighting up is still allowed―could take an even greater toll on the beleaguered gaming hub, experts say....
City of Dreams: New Day in Manila
The grand opening of the billion-dollar City of Dreams casino resort in Manila, the Philippines, is a harbinger of good things for the local and national economy, say fans...
Macau Companies Reward Employees
All employees of Macau casino operator Melco Crown Entertainment, except managers, will receive a bonus of one month's pay. Company officials also said 1,300 employees will be promoted or...