Resorts World Manila Operator Travellers to Delist, Go Private

Travellers International Hotel Group Inc., operator of Resorts World Manila (l.), has announced that it will delist from the Philippine Stock Exchange (PSE) and take the company private. A...

Published August 26, 2019

Yokohama Mayor Climbs Off the Fence, Backs IR Plan

Fumiko Hayashi, mayor of Yokohama, Japan, reportedly has committed herself to pursuing an integrated resort in the Japanese city. Hayashi is said to be considering a JPY260 million (US$2.4...

Published August 26, 2019

Beijing’s Man Takes Helm in Macau

As expected, businessman and former legislator Ho Iat Seng has been chosen by a committee of pro-Beijing electors as the casino hub’s next chief executive. His election is believed...

Published August 26, 2019

Hanoi Busts Multimillion-Dollar Gambling Ring

Vietnamese law enforcement has busted a gambling ring that reportedly generated VND1.6 trillion (US$69 million) in wagers via a multilingual website on an overseas server. Thirteen people were arrested...

Published August 19, 2019

Ex-Partner Sues LVS in Macau

Asian American Entertainment claims the gaming giant jilted it for Galaxy Entertainment back in 2002 once it appeared that Galaxy would win a Macau casino concession. It’s seeking compensation...

Published August 19, 2019

Goa to Close Casinos to Locals

Goan Chief Minister Pramod Sawant (l.) informed the legislative assembly on August 7 that Goans will soon be barred from entering casinos in the Indian state. A date for...

Published August 19, 2019

Hong Kong Sneezes, Macau Catches a Cold

Weeks of civil unrest in the Asian financial center is taking its toll on travel to neighboring Macau, and the city’s casinos are feeling the pinch. July’s gaming revenue...

Published August 19, 2019

Macau: DICJ Restricts Player Tracking

Some of the most advanced and effective player-tracking and monitoring technologies have been declared off-limits to Macau’s casinos by the government’s gaming regulatory agency. This includes using surveillance data...

Published August 12, 2019

Caesars Slashes Korea Investment

Sixty million, max. That’s the amount Caesars Entertainment Corp. is willing to invest to complete its planned integrated resort (l.) in Incheon, South Korea—if it completes it at all....

Published August 12, 2019

Silver Heritage Weighs Tiger Palace Offer

Australia-listed casino operator Silver Heritage Group is considering an offer to sell its Tiger Palace Resort Bhairahawa resort (l.) in Nepal. The US$34 million offer bid from a buyer...

Published August 12, 2019

Problems Mount for Shuttered Macau Hotel

It’s not enough that Taipa’s defunct Beijing Imperial Palace Hotel (l.) is mired in another ownership dispute. Now 20 travel agencies are suing one of the ostensible owners, claiming...

Published August 5, 2019

Sihanoukville a Hub of Money Laundering?

International law enforcement is looking at the casino industry in Cambodia to determine if it has enticed money launderers, specifically those in the drug trade.

Published August 5, 2019

LVS to Open Singapore Tower in 2024

The Las Vegas Sands Corp. says its new tower (l.) at Marina Bay Sands will be open by New Year’s Day 2024. The tower is part of a planned...

Published August 5, 2019

When Will Lisboa Palace Actually Open? Place Your Bets

SJM is the only Macau operator without a presence on Cotai, and the timetable for getting there has been moved again. Grand Lisboa Palace (l.) was originally set to...

Published August 5, 2019

Chiba Next Up for Japan Bid?

The mayor of Chiba City, Japan, Toshihito Kumagai (l.). on Tokyo Bay is still on the fence about making a bid for one of the country’s first three integrated...

Published August 5, 2019

Disney, Genting Come to Terms on Theme Park

A legal wrangle between Genting Malaysia Bhd and Twentieth Century Fox—which became 21st Century Fox on its acquisition by the Walt Disney Co.—has been settled. That means a Genting...

Published August 5, 2019

Casinos: Is Duterte Finally All In?

Has Philippine President Rodrigo Duterte done an about-face on the casino moratorium he declared last summer? Well-known for his disapproval of gaming, Duterte may have been persuaded by the...

Published August 5, 2019

More U.S. Tariffs Could Squeeze U.S. Operators in Macau

If Donald Trump (shown with Chinese Premier Xi at a December 2018 meeting) follows through on his plan to impose a new 10 percent tax on billions of dollars’...

Published August 5, 2019

Manila Jockey Club to Move

The Manila Jockey Club has made a deal to sell its racetrack in Cavite to Philippine real estate firm Ayala Land Inc. It will move from the original site...

Published July 29, 2019

Frontier Hotel Casino Opens in the Philippines

Australia-listed casino investor Frontier Capital Group Ltd. planned last week to reopen gaming operations at the Hotel Stotsenberg in the Clark Freeport Zone over the weekend. The casino had...

Published July 29, 2019