Caesars Wants Back in South Korea

South Korea’s plans to lower the barriers for investments in resort casinos has prompted Caesars Entertainment to resubmit its bid for permission to build near Incheon International Airport. The...

Published January 20, 2014

GGAM Sheds Interest in Manila Casino

Global Gaming Asset Management, the original managers of Bloombury’s Solaire Resort Casino (l.) in Manila, has sold its interest in the property just months after being ousted by Bloombury’s...

Published January 20, 2014

Funding Complete for Planned Cotai Resort

Louis XIII has secured a key loan to allow it to proceed with construction of a super-luxury hotel on the Cotai Strip. Still missing from the picture is a...

Published January 20, 2014

Rich Get Richer on Macau

The gaming boom has added billions to the net worth of several well-known people who own a piece of it. Forbes’ latest list ranks Galaxy Entertainment Chairman Lui Che...

Published January 20, 2014

Casino Talk Proves Cheap in Malaysia

Property giant Berjaya denies any interest in a casino for a resort it plans to build in the Malaysian state of Johor on the border with Singapore. The state’s...

Published January 20, 2014

PAGCOR Bullish on 2014

The Philippines’ state-owned gaming operator looks to be falling short of its revenue forecast for 2013 but is expecting better days in 2014. Increases in gaming revenues, coupled with...

Published January 20, 2014

Hengqin Ramps Up for Chinese New Year

Hengqin Island’s first hotel opens this month as the largest in China, and will be joined by a theme park and circus. The attractions will boost visitation to Macau,...

Published January 20, 2014

Hope Fades for Taipei Casinos

A legislative panel in Taiwan has all but shot down the possibility of casinos on the main island. At the same time, enabling legislation to bring gaming to the...

Published January 13, 2014

In Vietnam, New Hotel, Bigger Casino

An Australian investor in a casino in northern Vietnam has agreed to buy a controlling share of the Lao Cai International Hotel (l.) and remodel and expand the hotel....

Published January 13, 2014

Malaysia State Off Limits, Leader Says

Berjaya Assets, a major Malaysian property developer announced plans for a luxury resort in the state of Johor that could include a casino. Only they didn’t bother to tell...

Published January 13, 2014

Locals Barred From Goa’s Casinos

Goa’s chief minister, Manohar Parrikar (l.), is anxious to burnish his anti-casino credentials in response to the rise of a new national political party whose populist agenda has the...

Published January 13, 2014

Viet Court Will Review $55 Million Slot Glitch

A gambler who won $55 million at a malfunctioning slot machine in Vietnam says he’s entitled to the money. A lower court, amazingly, agreed. Fortunately for the casino a...

Published January 13, 2014

Penalties on the Way for Smoky Casinos

The Macau government is taking away portions of the smoking areas from 14 casinos that failed two air-quality tests. The size of the reductions will be announced later this...

Published January 13, 2014

Investors Cheer China Lottery Boom

The Chinese government has big plans for growing its $43 billion lottery market. That’s good news for the share prices of the companies, some of them foreign, that are...

Published January 13, 2014

Matsu Casinos Possible in Five Years

Casinos are coming to Taiwan’s Matsu islands. The question is when. A top government official says five years, but even he admits his time frame is optimistic.

Published January 6, 2014

Court Orders Seizure of Troubled Macau Hotel

Bad news continues to mount for Macau’s ailing Greek Mythology casino. The latest chapter has seen a court order the seizure of the casino’s adjoining New Century Hotel for...

Published January 6, 2014

Vietnam Casino Plan on Track, Backers Say

An investment group behind a planned gaming resort on Vietnam’s central coast say they’ve found a major gaming operator to partner up with. Genting was the original partner but...

Published January 6, 2014

Fitch Bullish on Philippines

Fitch Ratings believes Manila’s Entertainment City (l.) will be the catalyst for 12 percent annual growth in casino revenues in the Philippines. The ratings agency also likes the country’s...

Published January 6, 2014

Macau Weighs Non-Smoking Rooms in Casinos

Macau’s six casino concessions have proposed non-smoking rooms in their casinos as a solution to government-imposed smoking restrictions that don’t appear to be working for anybody. The government plans...

Published January 6, 2014