Analysts Bearish on Genting Singapore

Analysts are bearish about Genting Singapore’s prospects after a stock performance that was second worst according to the city-state’s benchmark measurement.

Published December 8, 2014

Melco Acquires Entertainment Gaming Asia

Melco International Development Ltd. has acquired 26 million new shares of Entertainment Gaming Asia, Inc., which operates slots and supplies chips and plaques to Asian casinos. EGT operates the...

Published December 8, 2014

Guam Official Asks for Casino Audit

Guam Vice-Speaker B.J. Cruz is asking why the Tiyan Casino, which was supposed to have been open for business only during the annual Liberation Festival, is still operational months...

Published December 8, 2014

Incheon Megaresort Breaks Ground

The first of a new generation of destination resorts in South Korea has broken ground near the country’s main international airport at Incheon. The joint venture between the country’s...

Published December 1, 2014

Expanded Hours for Macau’s Border Crossings

With November looking like Macau’s sixth straight month of year-on-year revenue declines, operators and analysts are hoping for a lift from extended operations at the territory’s three main border...

Published December 1, 2014

PAGCOR: Caesars Will Have To Wait

Caesars Entertainment is floating plans for a $1 billion resort casino in Manila, but government regulator PAGCOR says no new licenses will be considered until development of Entertainment City...

Published December 1, 2014

Falcone Still Involved, says Ho Tram

More than a year after opening on Vietnam’s southern coast, The Grand – Ho Tram is beginning to ramp up, and majority investor Phil Falcone (l.) intends to be...

Published December 1, 2014

Casinos Back on Taiwan’s Agenda

Taiwan’s parliament plans to take up the issue of casino legalization on the country’s outlying islands when it reconvenes in December. Draft regulations governing the industry could be approved...

Published December 1, 2014

Guam Investigating Unauthorized Gambling

Guam Governor Eddie Calvo's office insists he only approved two villages for gambling at the Tiyan carnival grounds (a huge sic bo board at left). But the mayors of...

Published December 1, 2014

Macau’s November Not Looking Good

Macau continues to reel from political and economic headwinds out of China, and analysts see no let-up on the horizon for at least several months. Their forecasts for November...

Published November 24, 2014

Better Days Ahead for Singapore

Experts say Chinese visitation to Singapore will begin to recover early next year, and that’s good news for Marina Bay Sands and Resorts Sentosa, both mired this year in...

Published November 24, 2014

Sri Lanka Weighs New Gaming Levies

The government of Sri Lanka plans to double the tax on gaming revenue and charge domestic players a Singapore-style fee to enter three resort casinos planned for the capital...

Published November 24, 2014

Macau Activists Unhappy Over Smoking Ban

An organization representing Macau croupiers and floor staff are calling for an industry-wide smoking ban to be extended to VIP rooms, which currently are exempt. The group also is...

Published November 24, 2014

Casinos in Japan: Maybe Next Year

Japan’s governing Liberal Democratic Party has acknowledged defeat in trying to pass a casino legalization bill in 2014, and with only two weeks remaining before the Diet adjourns, has...

Published November 17, 2014

City of Dreams Manila Sets December Opening

Melco Crown Entertainment’s City of Dreams Manila will open its doors next month, with a grand opening set for the first quarter of 2015. The $1 billion-plus super-resort will...

Published November 17, 2014

‘Gloomy’ Days Ahead for Macau VIP

SJM Chief Executive Ambrose So (l.) has added his voice to the chorus of pessimism being heard in Macau when it comes to gaming revenue for the rest of...

Published November 17, 2014

Revenue Plummets at Resorts World Sentosa

Singapore’s Resorts World Sentosa reported a sharp fall-off in VIP play in the third quarter, a market-wide slump that is also impacting rival Marina Bay Sands. Revenue was down...

Published November 17, 2014

Casinos in Japan: Maybe Next Year

Opposition appears to have doomed Japan’s casino legalization bill in the current session of the Diet, exploiting political weaknesses of Prime Minister Shinzo Abe (l.). Reports are that backers...

Published November 10, 2014

Solaire Adding More Rooms, Tables and Slots

Solaire Resort & Casino, the first of Manila’s four Entertainment City megaresorts, has found its VIP legs and is slated this month to open a second hotel tower and...

Published November 10, 2014

Indian State Eyes Casinos

The state of Andhra Pradesh on India’s Bay of Bengal coast is considering applications from several operators seeking licenses for casinos in the state. The industry isn’t legal there,...

Published November 10, 2014