Nagasaki: IR by ’24

The Japanese city of Nagasaki has indicated that it would open an integrated resort in the vicinity by 2024 if it wins one of three IR licenses coming to...

Published March 18, 2019

Sri Lanka’s ‘Sin Tax’ Doubles Casino Licenses

The Sri Lankan government has announced new “sin taxes” including a higher annual casino license fee and a US$50 entry fee for customers. The casino turnover tax will be...

Published March 11, 2019

PH Resorts Changes Funding Strategy

PH Resorts Group Holdings Inc., the hospitality and casino arm of Philippine holding company Udenna Group, has announced a change in its strategy to fund two new casino resorts...

Published March 11, 2019

Silver Heritage Closes Vietnam Casino; Opens VIP Rooms in Nepal

Australia-listed Silver Heritage Group has been forced to close gaming operations at the Phoenix International Club (l.) in Vietnam for an “indefinite” period. In 2018, the casino represented almost...

Published March 11, 2019

A Banner 2018 for SJM

The Macau gaming giant boosted gaming revenue by more than 8 percent last year to US$4.28 billion, thanks to a robust showing from the company’s mass table games market....

Published March 11, 2019

IPI On-Track or Off?

Saipan gaming operator Imperial Pacific International says it’s on schedule to complete the Imperial Pacific Resort by December, despite a labor shortage. A crew of fewer than 300 workers...

Published March 11, 2019

Wynn Promises Biggest Japan IR

Wynn Resorts wants to go big in Japan. The U.S.-based gaming company has promised it will build the “world’s largest” integrated resort if it wins its bid for one...

Published March 11, 2019

Solaire Unveils ‘Players Stadium’

The Solaire Resort & Casino in Manila has launched a new gaming floor attraction highlighted by a huge 360-square-meter video and sound attraction.

Published March 4, 2019

Suncity, Paradise to Partner on Casino

Asian gaming investor Suncity Group Holdings Ltd. has signed a non-binding deal with Korean operator Paradise Co. Ltd. to create a partnership related to Paradise Casino Busan. No details...

Published March 4, 2019

Okada Bail Tossed

In a February 22 statement released on behalf of Japanese billionaire Kazuo Okada (l.) said that Hong Kong’s Independent Commission against Corruption has “released him from bail unconditionally.”

Published March 4, 2019

Galaxy Still Pushing Island IR

Despite a ban on casinos on Boracay by Philippine President Rodrigo Duterte, Galaxy Entertainment Vice Chairman Francis Lui is still trying to change his mind. Lui says the project...

Published March 4, 2019

Bloomberry Summoned in Bangladesh Theft

Bloomberry Resorts, which owns and operates the Solaire Resort and Casino in Manila, has disclosed that its gaming unit has been summoned in a U.S. civil case regarding funds...

Published March 4, 2019

IMF to Macau: Take Opportunity to Diversify

In a February report on Macau, the International Monetary Fund said the SAR should look at the gaming concessions retender as a natural time to expand non-VIP tourism and...

Published March 4, 2019

Ho Stocks Up on Melco

For the second time since November 2018, gaming magnate Lawrence Ho (l.) has upped his stake in Melco Resorts & Entertainment Ltd. Ho now commands 55.8 percent of Melco...

Published March 4, 2019

Too Many Tourists? The Destination Downside

More than 1.2 million people traveled to Macau to celebrate the Chinese New Year last month. That has some lawmakers concerned about the impact on infrastructure, security and residents.

Published March 4, 2019

IR an Issue in Hokkaido Election

Candidates for governor of Hokkaido, Japan are divided over a possible integrated resort bid on the island. The opposition candidate is against an IR; outgoing Governor Harumi Takahashi (l.)...

Published March 4, 2019

Daisy Ho: Shareholder Alliance a Plus for SJM

Daisy Ho (l.), chairman of SJM Holdings Ltd. and daughter of casino titan Stanley Ho, has spoken out in support of the recently forged shareholder alliance involving her sister,...

Published March 4, 2019

Macau Added 2,200+ Hotel Rooms in 2018

Macau’s Land, Public Works and Transport Bureau announced last week that the market added four hotels with 2,227 new rooms in 2018, with plenty more to come.

Published February 25, 2019

Macau Greyhounds Homeward Bound

It looks like the long search for homes for out-of-work racing greyhounds in Macau is nearing an end. According to the president of the local animal welfare society, most...

Published February 25, 2019

Bloomberry Secures Loan for Quezon IR

Philippine casino operator Bloomberry Resorts has announced that it has obtained a 10-year, PHP40 billion (US$767 million) loan to finance the construction of its planned integrated resort in Quezon...

Published February 25, 2019