Philippine Regulator to Sell Off Land

The Philippine Amusement and Gaming Corp. (PAGCOR), which regulates gaming in the country, plans to sell three tracts of land in Laguna, Cavite and Parañaque City for about PHP3.14...

Published December 2, 2019

Macau Scraps Right to Take Over Casinos

It’s a technical change to repair a provision in the original gaming concessions awarded to SJM and MGM China. The provision would have assigned their casino assets, including MGM...

Published December 2, 2019

Hokkaido Opts Out in Japan

Governor Naomichi Suzuki (l.) last week decided that his prefecture would not participate in the first round of casino licensing currently under way in Japan. While he didn’t rule...

Published December 2, 2019

Bloomberry Appeals GGAM Award

Philippines-based casino operator Bloomberry Resorts Corp., which operates the Solaire Resort and Casino in Manila’s Entertainment City, has appealed an arbitration decision in Singapore ordering it to pay US$296...

Published November 25, 2019

Grand Jury Looks at CNMI Governor, Saipan Operator

Few new details were available last week about the investigation into Saipan casino operator Imperial Pacific International (IPI) and Ralph Torres, governor of the Commonwealth of the Northern Mariana...

Published November 25, 2019

Mohegan Gaming: All Systems Go in South Korea

Mohegan Gaming & Entertainment has announced that its multibillion-dollar Inspire resort in South Korea is i development and on track to open in June 2022.

Published November 25, 2019

Philippines Yacht Club Opens Boutique Casino in Freeport

Subic Bay Yacht Club, in the Subic Bay Freeport Zone in the Philippines, has opened a new boutique casino at the newly renovated facility. The property, on the coastline...

Published November 25, 2019

Macau Analysts Expect More Bad News in November

A decline in VIP volumes estimated to be in the 30 percent range could drive down total gaming revenues in Macau by double digits. This would beat August’s 8.6...

Published November 25, 2019

Philippine House Passes POGO Bill

The Ways and Means Committee of the Philippine House of Representatives has approved a new 5 percent tax on Philippine Offshore Gaming Operators (POGOs). But the bill faces some...

Published November 25, 2019

Naga’s Cambodian Monopoly Extended to 2045

Cambodian-based gaming operator NagaCorp, owner and operator of NagaWorld (l.) in Phnom Penh, has signed an amendment to its exclusivity agreement with the government that extends its monopoly on...

Published November 25, 2019

Donaco Wins a Round in Cambodian Court

In the case of Donaco International Ltd. versus the Thai vendors of its Star Vegas casino (l.) in Poipet, Cambodia, the Australia-listed gaming operator has won a pivotal ruling...

Published November 18, 2019

Japan Nominates Gaming Regulators

The government of Japan has nominated five people to be part of the country’s Casino Management Committee, which will direct the selection, licensing and oversight of Japan’s IR industry.

Published November 18, 2019

MGM China Dropped from MSCI Hong Kong Index

MGM China Holdings Ltd. will be removed from the MSCI Hong Kong Index. No reason was given for the removal, which will be effective November 26.

Published November 18, 2019

Mohegan Sun Delays Korea to 2022

Mohegan Gaming & Entertainment’s (MGE) Inspire resort in Korea will not open until 2022, according to the operator’s partner in the project, Incheon International Airport Corp (IIAC). The $5...

Published November 18, 2019

LVS: Second Thoughts About Japan?

After years of declaring it would invest billions of dollars to get into the breaking Japanese gaming market, the Las Vegas Sands Corp. is cooling its jets. On a...

Published November 18, 2019

Luxury Hotel Added to Galaxy MICE Complex

Hyatt’s upscale Andaz brand will open a 700-room destination as part of an expansive convention center and indoor arena under construction at Galaxy Macau. The hotel will feature a...

Published November 11, 2019

Report: With No Legal Casinos, Japan Has Most Gaming Machines

The Gaming Technologies Association has released its 2018 World Count of Gaming Machines and once again, Japan has the highest inventory of games, mostly pachinko machines (l.). A country...

Published November 11, 2019

Genting HK Raises $454 Million in Sale of Cruise Shares

Genting Hong Kong has raised US$453.9 million through the sale of a stake in its Dream Cruises unit. The funds, generated by a single purchaser, will help fund the...

Published November 11, 2019

New Casino Opens in Sihanoukville

A new casino venue opened October 30 in Sihanoukville, Cambodia. Few details were immediately available about the Goddess of Liberty Hotel and Casino (l.), which joins up to 100...

Published November 11, 2019

‘Korean Vegas’ On Target for 2023

Mohegan Gaming & Entertainment (MGE), a Connecticut-based tribal gaming organization, is on track to complete its Inspire-branded casino resort in Incheon, South Korea by 2022, with an opening planned...

Published November 11, 2019