Centara Hotels Plans Mandalay Casino

Thai hospitality brand Centara Hotels & Resorts has signed three hotel management agreements for Myanmar. One will include a casino, the company says.

Published september 7, 2020

Deal to Sell 13 Hotel Falls Apart

The owners of The 13 Hotel (l.) in Macau thought they had a deal to unload at least 50 percent of the partially opened luxury resort, which lacks a...

Published september 7, 2020

In Manila, Landing Seeks New IR Site

Landing International Development Ltd. says it has been granted an extension by Philippines gaming regulator PAGCOR to the deadline for finding new land on which to develop a planned...

Published september 7, 2020

NagaCorp Looks for Growth in Cambodia

Hong Kong-listed casino investor NagaCorp, which runs the massive integrated resort NagaWorld (l.) in Phnom Penh, Cambodia, is scouting further growth opportunities in the country, specifically Siem Reap and...

Published september 7, 2020

HatchAsia Throws Lifeline to Silver Heritage

Philippines-based HatchAsia has proposed taking control of Silver Heritage and buoying the company with an AU$530 million (US$387 million) cash infusion.

Published september 7, 2020

Manila Casinos Back in Business

Some Manila casinos, including those in the Entertainment City economic zone, may resume operations at 30 percent capacity. Permission to do so was reportedly granted on August 24 by...

Published september 7, 2020

Macau August Win Down 94.5 Percent

It was the fifth straight month of year-on-year declines of more than 90 percent. But with travel restrictions easing and tourist visas set to resume across China later this...

Published september 7, 2020

Vietnam May Ease Cost of Entry for Gaming Ops

Casino investors looking at parts of Vietnam like the Van Don Economic Zone (l.) may soon get a cost break in terms of their capital investment. A proposed plan...

Published august 31, 2020

CNMI Rejects Saipan Operator’s Plea for Fee ‘Abatement’

Governor Ralph Torres (l.) of the Northern Mariana Islands has put Saipan casino operator Imperial Pacific International on notice that its gaming license could be suspended or revoked unless...

Published august 31, 2020

Macau Looks to Recovery, but Questions Linger

Now that China is issuing visas again for individual tourist travel hopes are mounting in Macau for a rebound in gaming revenues. It’s a safe bet they will, observers...

Published august 31, 2020

Despite Covid, Galaxy Committed to Japan

Galaxy Entertainment anticipates continuing headwinds from Covid-19 following a second-quarter loss, but remains committed to previous expansion plans, including its pursuit of an integrated resort license in Japan.

Published august 24, 2020

Pixel, Partouche Team Up for Japan IR

Japanese fintech firm Pixel Companyz and French casino operator Groupe Partouche will team up to bid on an integrated resort license in Japan. Partouche’s former partner, Oshidori, will remain...

Published august 24, 2020

New Hengqin Border Crossing Opens into Macau

A border checkpoint has opened between Macau and Hengqin Island, which could boost daily crossings into the gaming hub to more than 200,000 people a day. Potentially, the opening...

Published august 24, 2020

Japan’s Universal: Returns Up in First Half

Japanese gaming company Universal Entertainment Corp., which operates Okada Manila in the Philippines’ Entertainment City, saw an almost 25 percent increase in net sales for the first half of...

Published august 17, 2020

South Korean Casino on Track to Open in Fall

The Jeju Dream Tower, now in development on Jeju Island in South Korea, is scheduled to open in October 2020. The new resort will include a foreigners-only casino.

Published august 17, 2020

IPI Not Charged in U.S. Investigation

Imperial Pacific International, operator of the only casino resort on the Pacific island of Saipan, said it is not part of a U.S. investigation into racketeering, money laundering and...

Published august 17, 2020

Genting: Singapore Expansion on Hold

Genting Singapore has confirmed that a planned US$3.3 billion expansion of Resorts World Sentosa will be delayed and possibly redesigned due to the far-reaching impact on supply chains of...

Published august 17, 2020

Genting HK Delays Two Ships

In a filing to the Hong Kong Stock Exchange, Genting HK reported that it will delay the delivery of two new cruise ships by a year as it attempts...

Published august 10, 2020

Court Rules Okada May Not Return to Universal

A Japanese court has barred Kazuo Okada (l.) from returning to the boards of companies he founded, Universal Entertainment Corp. and the unit that controls the Okada Manila resort...

Published august 10, 2020

Donaco Cuts Costs, Waits to Reopen in Cambodia

Australian-listed Donaco International Ltd., awaiting permission from the Cambodian government to reopen its Star Vegas resort (l.) in Poipet, also plans cost-cutting measures to offset Covid-19 losses.

Published august 10, 2020