Taiwan Race Could Decide IRs

The November 24 general elections in Taiwan will likely be the final hope for legal integrated resorts in the country, say experts. KMT Party candidate Han Kuo-yu (l.) is...

Published November 12, 2018

Tak Chun Opens VIP Room at MGM Cotai

Macau junket operator Tak Chun has opened a new VIP room at MGM Cotai (l.). The facility will officially open on November 19. So far this year, the company...

Published November 12, 2018

Goa Strip Now the Goal

Officials in the Indian state of Goa are considering a land-based cluster of integrated resorts with gaming to replace offshore casinos now operating on the Mandovi River (l.).

Published November 12, 2018

Gaming Tax Hike in Store for Malaysia Ops

Malaysian’s new budget includes substantial tax hikes for casinos. And since the only casino operator in Malaysia is Genting for Resorts World Malaysia (l.), the hit is singular. The...

Published November 12, 2018

IPI Plans Bond Placement

Imperial Pacific International, operator of a namesake casino resort on the Pacific island of Saipan, is hoping to raise up to HK$300 million (US$38.2 million) through a bond placement.

Published November 12, 2018

HK, Macau: Bridging their Differences

The HKZM Bridge may usher in an era of cooperation by destinations that once battled each other for business. Hong Kong, Macau and Guangdong Province will benefit by working...

Published November 12, 2018

Will U.S. Trade War Affect Macau Concessions?

New and renewed gaming concessions in Macau will be awarded from 2020 through 2022. What will matter most to U.S. companies hoping to be renewed in the special administrative...

Published November 12, 2018

More Bidders Line Up for Japan

It’s getting crowded in the pool of potential Japan IR license bidders. Barriere France has now joined the throng, along with Casinos Austria. The list already includes MGM, Caesars,...

Published November 12, 2018

State Legislators Organization in U.S. Calls for Stronger Taiwan Ties

The American Legislative Exchange Council (ALEC) is calling for the U.S. to pass the Taiwan Travel Act and to forge closer ties with the island nation. It passed a...

Published November 5, 2018

Ho Launches MOP-Denominated Bond Issue

A family office established by billionaire gaming titan Lawrence Ho is launching a MOP-denominated corporate bond worth MOP2 billion (US$250 million). The two-year bonds have a 3.1 percent coupon...

Published November 5, 2018

Belle Corp. Up through September

Belle Corp., the owner of City of Dreams Manila, has posted a 19 percent increase in recurring net income for the first nine months of 2019 due to growth...

Published November 5, 2018

Galaxy Phase III on Hold Until 2020

Phase III of Galaxy Macau will likely be delayed until mid-2020 due to delays in securing government approvals, says Union Gaming analyst Grant Govertsen. Construction on the addition has...

Published November 5, 2018

Success Dragon Rebrands (Again)

Success Dragon International Holdings has announced it will change its English name to ezBlock Capital. The latest rebrand is part of Success Dragon’s plan to “rebuild its information technology...

Published November 5, 2018

PAGCOR Up 18.7 Percent

Gross income from gaming operations overseen by the Philippine Amusement and Gaming Corp. has risen 18.7 percent year-on-year for the first nine months of 2018, according to the state-run...

Published November 5, 2018

Foxwoods Joins Japan Race

U.S. tribal gaming operator Foxwoods has stated its intention to vie for an integrated resort license in Japan. The company has set its sights on Tomakomai, Hokkaido where it...

Published November 5, 2018

Macau Could Take a Hit Due to Trade War

The director of the Macau Economic Association has said that the city could face “heavier pressure” in the coming year due to trade tensions between the U.S. and China.

Published November 5, 2018

Delta Corp. Plans Goa IR—with Conditions

Delta Corp., India’s only listed casino operator, wants to develop an integrated resort in Goa, but only if the government moves the state’s offshore casinos ashore. Chairman Jaydev Mody...

Published November 5, 2018

Macau Tallies YTD Gaming Taxes

The Macau government reaped almost MOP80.32 billion (US$9.95 billion) in gaming taxes during the first three quarters of 2018, according to official data. That’s up 17 percent over the...

Published October 27, 2018

Macau’s De Club Plans ICO

Macau-based De Club is planning a casino venue backed by blockchain technology and cryptocurrency. The company hopes to raise US$1 billion in an initial coin offering to fund the...

Published October 27, 2018

Philippine Prosecutors Drop One Charge Against Genuino

Philippine prosecutors have asked to drop one of three graft charges filed against Efraim Genuino (l.), former chairman of the Philippine Amusement and Gaming Corp.

Published October 27, 2018