New Name for Okada Manila?

In the ultimate act of separation from Japanese billionaire Kazuo Okada, Universal Entertainment Corp. may change the name of its Okada Manila resort in the Philippines’ Entertainment City. The...

Published February 18, 2019

Osaka Thinks Big

Osaka, Japan, chosen to host the 2025 World Expo and in line to welcome one of the country’s first integrated resorts, is planning big upgrades in its transportation infrastructure....

Published February 18, 2019

Universal Acquires Asiabest Shares

Universal Entertainment Corp. has completed its acquisition of shares in Asiabest Group International, a giant step forward in its plan for a backdoor listing of its subsidiary, Tiger Resort...

Published February 11, 2019

Tiger Palace Plans 3 New VIP Rooms

Laborers who worked on the Imperial Pacific Resort in Saipan say they were not paid in full after their employment ended. The workers, whose visas expired at the end...

Published February 11, 2019

IPI Workers: We Were Shortchanged

Laborers who worked on the Imperial Pacific Resort in Saipan say they were not paid in full after their employment ended. The workers, whose visas expired at the end...

Published February 11, 2019

RW Sentosa Relicensed to 2022

Singapore gaming regulators have renewed the gaming license of Resorts World Sentosa. Operated by Genting Singapore Ltd., Resorts World is one of only two casino resorts in the market,...

Published February 11, 2019

PAGCOR Profits with Solaire Sale

The Philippine Amusement and Gaming Corp. reported net income of PHP31.49 billion (US$603 million) for 2018, up a whopping 536.6 percent over 2017, thanks to its sale of the...

Published February 11, 2019

Macau Down in January, Up for CNY

Gross gaming revenues in Macau dipped 5 percent in January, the first decline in more than two years. But the Golden Week holiday started strong, with day-one visitation up...

Published February 11, 2019

Report: U.S./China Trade War Hurting LVS Shares

A report from Roth Capital Partners estimates that the trade war between the U.S. and China may be hurting the share price of Las Vegas Sands. Some experts believe...

Published February 11, 2019

Japan Wants Big Hotels

Japan’s IR Development and Promotion Ordinance has set forth new mandates for the country’s first integrated resorts. For one thing, IR hotels must offer “substantially” more than 100,000 square...

Published February 11, 2019

Japan Tourism Agency to Launch Cashless Pay

The Japan Tourism Agency plans to introduce a program to promote cashless payments to make holiday spending easier for inbound tourists. Such systems are already in place in some...

Published February 4, 2019

Macau Posts Record Visitation

Macau broke tourism records in 2018, with 35.8 million visitor arrivals, for an average of more than 98,000 per day. The Macau Government Tourism Office called it a “fair...

Published February 4, 2019

Wynn Macau Targets Premium Mass

Wynn Macau is shifting its focus to concentrate on premium mass players, according to Wynn Resorts President and CEO Matt Maddox. Maddox called premium mass “the business we believe...

Published February 4, 2019

All Bets Off in Hainan

The Chinese island province of Hainan will not become the next Macau, according to a source who said a plan to introduce “sports tourism” will not include gambling.

Published February 4, 2019

Uy Offering to Fund Philippines IRs

The Philippines Securities and Exchange Commission has approved PH Resorts Group’s plan for a PHP18.5 billion follow-on share offering that will fund two new casino resorts. Billionaire Dennis Uy...

Published February 4, 2019

North Korea: The Newest Resort Destination?

North Korean “Supreme Leader” Kim Jong Un (l.) is reportedly planning a resort complex near his birthplace in Kangwon Province to help inject new revenues into the country’s economy.

Published February 4, 2019

IPI Casino Closes Again

The casino at the Imperial Pacific Resort on Saipan closed for about half a day on January 24 after its surveillance system temporarily went offline. Operator Imperial Pacific International...

Published February 4, 2019

Macau Smoking Infractions Mount Up

Not only are some Macau casino customers ignoring the city’s new, more stringent tobacco control rules, but a number of VIP lounges are actually providing cigarettes for their high-value...

Published February 4, 2019

South Shore Seeks Way Out of 13 Debt

South Shore Holdings Ltd. announced last week that it’s entered into a non-binding MOU with an unnamed investment entity that could possibly help it unload some debt associated with...

Published February 4, 2019

Macau: 34th ‘Freest Economy’

The U.S.-based Heritage Foundation has ranked Macau 100 for “fiscal health,” on an equal footing with Hong Kong, and higher than Taiwan, Singapore and Mainland China. But the reports...

Published February 4, 2019