Wynn Sues For Macau Slander

Hedge fund operator James Chanos (l), the short-seller known for foreseeing the collapse of Enron, is being sued by Steve Wynn. Chanos suggested to a journalism conference last April...

Published October 13, 2014

Japan: Closing In on Casino Bill

A leader of the coalition backing casino legalization in Japan’s Diet says he expects it will pass during the current fall session. But Tokyo Governor Yoichi Masuzoe (l.) is...

Published October 6, 2014

No Relief for Macau VIP

The Chinese government is reported to be winding down a get-tough campaign targeting abuses within the ruling Communist Party, but at least one gaming analyst warns that the larger...

Published October 6, 2014

Travellers Breaks Ground in Manila

Construction is under way on Entertainment City’s fourth mega-casino, the $1.1 billion Bayshore City Resorts World. Travellers International Hotel Group, the joint venture that also runs Resorts World Manila...

Published October 6, 2014

Macau Goes Smoke-Free—Slowly

Heading into this week’s ban on smoking on Macau’s gaming floors, only 12 properties had completed construction of smoking lounges, the government said. Those that haven’t must prohibit all...

Published October 6, 2014

Okada’s Manila Debut Reset for 2016

Kazuo Okada’s Manila Bay Resorts (l.) is not likely to open in 2015 as announced. The Japanese tycoon’s Philippine subsidiaries are struggling to comply with the country’s land ownership...

Published October 6, 2014

Full Speed Ahead for Manila Megaresort

Travellers International, the company behind plans for a fourth gaming super-resort at Manila’s Entertainment City, says construction on it will start this year. The $1.1 billion Bayshore City Resorts...

Published September 29, 2014

Falcone Ups Ho Tram Investment

While the government of Vietnam considers whether to end its longstanding ban on a domestic casino market, the principal investor in the country’s largest gaming resort, the Grand Ho...

Published September 29, 2014

Macau: Wynn Cotai Probe Not Over

Contrary to Chairman Steve Wynn’s recent statements, Macau authorities say they’re still investigating a $50 million payment Wynn Resorts made to third parties obtain its Cotai land rights where...

Published September 29, 2014

Vladivostok Casino Delayed

The investment group behind the first casino in Russia’s Far East says “unforeseen obstacles” will prevent the resort, located near Vladivostok, from opening as planned at the end of...

Published September 29, 2014

Another Dire Forecast for Macau

Deutsche Bank warns that revenue growth in Macau’s vaunted mass market could be following the sharp declines witnessed in VIP over the last several months. September’s growth may not...

Published September 29, 2014

Macau Labor Leaders Charged

Five union leaders in Macau have been charged with civil disobedience after months of public protests by casino workers culminated in the threat of a strike during the busy...

Published September 29, 2014

Macau Hopes for Golden Week Rebound

“Surprised”—that’s not a word we’d expect to hear when it comes to gaming demand in Macau. But after four straight months of year-on-year revenue declines that’s how sources are...

Published September 22, 2014

Plans Unveiled for Genting Manila Megaresort

The fourth resort complex at Manila’s Entertainment City is scheduled to break ground in 90 days and open in 2018. That’s the word from Travellers International, the company behind...

Published September 22, 2014

Cambodia Considers Lifting Locals Ban

Vietnam is so important to Cambodia’s casino market that the prospect of the country opening its casinos to domestic play finds its smaller neighbor considering the same thing. Cambodia’s...

Published September 22, 2014

$20 Million in Rolls-Royces Ordered for Macau Resort

What do you offer the Macau VIP who has everything? The financier behind the luxury Louis XIII hotel believes he has the answer, and part of it lies with...

Published September 22, 2014

Macau Police Target Union Leaders

The threat of a dealers strike during the busy Golden Week holiday has brought the law down on the founders of two labor groups representing Macau casino workers. Four...

Published September 22, 2014

NagaWorld Expansion Worries Monks

Not everyone in Cambodia is happy about the success of Phnom Penh’s monopoly NagaWorld casino (l.)—namely, a group of Buddhist monks who fear the property’s steady expansion is pushing...

Published September 22, 2014

Casinos in Tokyo—Maybe Not

Analysts believe a Japanese casino industry easily will be worth $10 billion or more, centered on major resorts in Tokyo and Osaka. But Tokyo’s new governor. Yoichi Masuzoe (l.),...

Published September 15, 2014

Macau: The Slump Continues

Analysts expect September will be another down month for Macau gaming revenue as headwinds out of China continue to buffet the world’s largest casino market. If they’re right, it...

Published September 15, 2014