January gaming win in Macau hit US$1 billion, still far below pre-pandemic levels, but the result was better than December’s and was achieved despite new Covid-related travel restrictions in...
In the Covid-19 age, local patrons have become a lifeline for Singapore’s two integrated resorts, Resorts World Sentosa and Marina Bay Sands (l.). And those patrons have remained loyal,...
Macau casino operator SJM is selling two series of notes with the aim of refinancing loans that went into the development of the US$5 billion Grand Lisboa Palace. The...
The Hoiana casino resort in Vietnam reportedly will open in the second half of 2021. The resort staged a soft opening last June, but held back on an official...
Border closings, quarantines and travel restrictions were the story in the world’s top gaming destination for most of 2020. Official stats show that total visitation to Macau was down...
The Philippine Bureau of Internal Revenue collected P7.18 billion in taxes last year from Philippine Offshore Gaming Operators (POGOs), despite suspensions due to Covid-19 lockdowns.
With the release of its "IR facility implementation policy," the city of Yokohama, Japan is preparing to field bids from potential integrated-resort operators. An operator is expected to be...
Now that the government has said it will consider legalizing gaming, business leaders and lawmakers in Thailand are discussing legal casinos, with the city of Pattaya as a possible...
Connecticut-based tribal operator Mohegan Gaming and Entertainment is looking to delay the opening of its South Korean resort, Inspire (l.), from late 2022 to sometime in 2023. The property...
The Chinese government isn’t saying which jurisdictions to its blacklist of overseas gaming destinations. But it can only spell more bad news for VIP-focused markets across East and Southeast...
Thailand is yet another nongaming jurisdiction that could take the plunge due to the Covid-19 pandemic. The country has long been considered a potentially rich market for gaming now...
Macau’s casinos are hoping for major upside from China’s biggest travel season. But pandemic concerns have authorities on both sides of the border urging people to stay home.
Covid concerns have authorities across mainland China advising people not to travel during Chinese New Year, normally a big money-maker for Macau’s casinos. Macau officials also are urging residents...
Resorts World Genting (l.) in Genting Heights, Malaysia will once again operate under strict limitations due to a surge in Covid-19 cases. The new measures will be in effect...
The Supreme Court of the Philippines has moved to block a 5 percent franchise tax on offshore gaming operators in the country, part of its campaign to keep the...
Snow Lake Capital, MGM China’s largest public shareholder, wants the U.S. casino giant to sell down its controlling stake in the Macau unit, saying Chinese companies are better equipped...
Gaming commissioners in the Commonwealth of the Northern Mariana Islands claim that Saipan casino (l.) operator Imperial Pacific International has been amassing “receivables” but declining to share them with...
South Korean police are investigating the disappearance of KRW14.56 billion (US$13.4 million) in funds held by Landing International Development, which runs a foreigners-only casino in Jeju.
The first installment of the “living subsidy,” as Macau casino operator SJM calls it, was distributed this month. A second installment is scheduled for this summer. The payments are...
Macau junket investor Suncity Group has announced that its Vietnamese casino resort Hoiana, which opened last year, will begin Phase 2 of its development this year in hopes of...