Philippines’ Diokno Pushes Privatization of PAGCOR Casinos

Philippine Finance Secretary Benjamin Diokno (l.) continues to call for the privatization of casinos run by the country’s gaming regulator. Diokno agrees with other lawmakers that the dual role...

Published December 19, 2022

Special Gaming Zones, Tax Waiver May Be a Hard Sell in Macau

Starting in 2023, Macau casinos must set aside special gaming areas for overseas players to see how much revenue they generate. In return, certain taxes on GGR may be...

Published December 19, 2022

Japan IR Decision Unlikely this Year

Osaka and Nagasaki may have to wait until 2023 to learn if they can build Japan’s first integrated resorts with gaming. Osaka would develop its IR with gaming partner...

Published December 19, 2022

SkyCity Adelaide Taken to Federal Court by AUSTRAC

SkyCity Adelaide (l.) has been taken to Federal Court by the financial crimes agency known as AUSTRAC over breaches of anti-money laundering and counter-terrorism regulations. The exact charges and...

Published December 12, 2022

Jeju Casinos Look Beyond China for Customers

Foreigners-only casinos on Jeju Island, South Korea, are targeting customers outside Mainland China in the wake of that country’s Covid restrictions and a crackdown on cross-border gambling.

Published December 12, 2022

Second IPI Equipment Auction to Feature Tables, Slots

A second auction for gaming equipment from the shuttered Imperial Palace Saipan (l.) casino will be held December 9, in efforts to help pay off debts owed by the...

Published December 12, 2022

Hundreds Implicated in Illegal iGaming in Sihanoukville

A crackdown on illegal online gaming operations in Sihanoukville, Cambodia has led to the detainment of several hundred foreigners, mostly Chinese nationals, accused of taking part in the industry.

Published December 12, 2022

With Verdict Imminent, Chau Asserts Innocence, Apologizes to Staff

A verdict in the criminal trial of Suncity junket boss Alvin Chau (l.) is expected December 18. In final statements before Macau’s Court of First Instance, Chau denied running...

Published December 12, 2022

Macau Casinos Say Tak Chun Junket Owes Them Millions

Four Macau casino operators are pursuing civil cases against former Tak Chun junket chief Levo Chan (l.), claiming his alleged illegal gaming business deprived them of millions in revenue.

Published December 12, 2022

Analyst: Macau Gaming Will Recover in 2024

JP Morgan analyst DS Kim predicts that Macau’s beleaguered gaming industry could recover almost completely by 2024 on the back of mass market play. The city pledges to follow...

Published December 12, 2022

Filipino Billionaire to Open ‘Vegas-Style’ Casino in ’23

Manny Villar (l.), the richest man in the Philippines, will start construction on what has been described as a “Las Vegas-style casino resort” in the country in 2023. The...

Published December 12, 2022

It’s Official: Landing Is Now Shin Hwa World Ltd.

On November 29, at a shareholders’ meeting, Landing International Development changed its name to Shin Hwa World Ltd. The Hong Kong-listed firm operates Jeju Shinhwa World in South Korea.

Published December 5, 2022

IPI Settles With Creditor

Hong Kong-based Imperial Pacific International (IPI) has reached a settlement with Ping Shun Corp. over debts that it racked up over three years. The creditor served meals to thousands...

Published December 5, 2022

With Marriott Deal, New Hope for Stalled South Korean IR

With Marriott Deal, New Hope for Stalled South Korean IR

Published December 5, 2022

Chau Lawyers: No Impetus for Junket to Take Illegal Bets

Defense attorneys in the case of fallen Macau junket chief Alvin Chau (l.) say the billionaire had no financial motive to engage in illegal betting, because the profit margin...

Published December 5, 2022

Colombo Lotus Tower Sri Lanka to get casino

The tallest tower in Sri Lanka is getting a casino that will be built by Kreate Design and will cover 44,00 square meters and feature a water park, as...

Published December 5, 2022

Analyst: Despite Concession Shutout, Genting to Pursue Macau Venture

While Genting didn’t win a Macau gaming concession, this may not be the firm’s final go at the market. Analysts at JP Morgan say the Malaysian company, which operates...

Published December 5, 2022

Philippine Lawmaker Pushes PAGCOR Split

Philippine Senator Sherwin Gatchalian (l.) says the country’s gaming regulator, which also operates its own casino brand, should be divided into two separate bodies, to end the perception of...

Published December 5, 2022

Okada Parent Foresees Loss Due to Takeover

Universal Entertainment Corp, parent of Tiger Resort, Leisure and Entertainment Inc., predicts it could incur $11.5 million in losses from the short-term occupation of Okada Manila by its founder,...

Published November 21, 2022

Macau Police: Suncity Pulled in Big Bucks from Proxy Bets

In ongoing testimony in the Alvin Chau junket trial, a Macau law enforcement officer said Chau’s former company, Suncity Group, reaped an estimated $800 million from telephone betting in...

Published November 21, 2022