MGM Targets ‘Mid-2016’ for Cotai

MGM China Chief Executive Grant Bowie says the company’s $2.9 billion Cotai resort (site at left) is on track to open midway through 2016. The company will also spend...

Published August 18, 2014

Melco Subsidiary Charged in Taiwan

Macau casino giant Melco Crown says its Taiwan subsidiary is under indictment in connection with transfers of funds to the company’s Macau casinos that Taiwan prosecutors claim were illegal....

Published August 18, 2014

Casinos Bring In Revenue For Singapore While Overall Economy Suffers

Singapore’s economy is at its lowest point since May, however, gaming revenue was up 29 percent. Las Vegas Sands’ Marina Bay Sands at left.

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Macau’s Labor Troubles Worsen

A casino workers group followed up last month’s demonstration outside Sands China’s Venetian Macao with protests outside Galaxy Entertainment’s corporate offices and its StarWorld casino. The group is demanding...

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Banner First Half for Solaire

Bloomberry Resorts posted $52 million in profit in the first half on strong gaming revenues at its Solaire Resort and Casino in Manila. Results should only get better with...

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South Korean Casino Targets China Boom

South Korean casino operator Paradise will break ground this fall on the country’s first destination resort. Paradise City, a joint venture with Japan’s Sega Sammy, will cost a projected...

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Gambling on Poker in Cambodia

Cambodia’s Queenco Casino is struggling to draw gamblers to Sihanoukville, a coastal province more familiar to backpackers than high rollers. But the property is looking to change that with...

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Goa Minister: Bikinis No, Casinos Yes

Pragmatism is trumping morality in the Indian state of Goa, where a government minister has proclaimed bikinis to be un-Indian. Casinos, on the other hand … well, they pay...

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Crown in Talks for Osaka

A top executive with Crown Resorts was in Osaka recently to meet with the city’s pro-casino governor to discuss the possibility of a $5 billion investment through Melco Crown...

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Vietnam May Have Explosion Of Casinos

Developers are pursuing casinos in Vietnam, but may have to wait for regulations to be ratified, even though several are already operating.

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More Obstacles for Okada in Philippines

Kazuo Okada needs Philippine partners to move ahead with his Manila megaresort (l.), but a new court order is preventing him from pursuing them. The order was obtained by...

Published August 4, 2014

Report: Asian Gaming To Hit $98 Billion

UBS forecasts that Asia’s major casino markets will grow an average of 11 percent a year over the next five years, reaching $98 billion by 2018. New resort development...

Published August 4, 2014

Workers Group Stages Galaxy Protest

Macau casino operator Galaxy Entertainment has been targeted by a local labor group, which staged a rally outside the company’s offices to protest alleged pay inequalities. The group, Forefront...

Published August 4, 2014

Some in China Bet on Future of Gambling

Beijing businessman Ren Ningning and many others in China are confident that the government will one day legalize gambling on the mainland. A number of forces are quietly building...

Published August 4, 2014

Japan Looks to Singapore

Japanese officials discussing the shape of the country’s planned casino market are focusing on the Singapore regulatory model, according to reports, which could involve entry fees on domestic players....

Published August 4, 2014

Macau VIP on the Downslide as Revenues Dip for Second Straight Month

IP’s share of Macau gaming revenues declined to 60 percent in the second quarter, its lowest level in almost a decade. Theories abound as to why, but what’s clear...

Published August 4, 2014

Wynn’s Cotai Land Deal Under Investigation

The Cotai land Wynn Resorts bought for its planned new resort is the subject of an investigation by Macau authorities. Wynn paid a reported US$50 million to mainland Chinese...

Published August 4, 2014

Japan Moves Closer to Casinos

A special task force is being assembled in Japan to help develop regulations for the country’s nascent casino industry. Chief Cabinet Secretary Yoshihide Suga (l.) says they will be...

Published July 28, 2014

Labor Troubles at Sands China

A group representing Macau dealers and pit staff staged a public protest against what they claim are pay inequities and arbitrary promotion policies at Sands China’s casinos. The company...

Published July 28, 2014

Manila Resort Mulls Expansion

City of Dreams Manila hasn’t opened yet, but the resort casino’s local joint venture partner is already negotiating with nearby landowners to add to the property’s holdings. The resort...

Published July 28, 2014