Ho Heir Behind HK$5B IR in Cotai

Arnaldo Ho (l.), son of Macau gaming legend Stanley Ho and local lawmaker Angela Leong, is the driving force behind Lisboeta, a planned integrated resort to be developed next...

Published October 27, 2018

Melco Backs Off Delist Plan

The majority owner of Melco Resorts and Entertainment (Philippines) Corp., which operates City of Dreams (l.) in Manila’s Entertainment City, has withdrawn its plan to delist the company from...

Published October 27, 2018

Last Word on Boracay Casinos: No

Dashing the hopes of Macau’s Galaxy Entertainment Group, the Boracay Inter-Agency Task Force has asked the Philippine Amusement and Gaming Corp. to cancel all casino licenses on the island....

Published October 27, 2018

Is Osaka Suitable for IR?

Officials in Osaka are pushing Yumeshima Island (l.) as a prime spot for one of Japan’s first integrated resorts. But some are concerned the area is flood-prone and therefore...

Published October 27, 2018

Sega Sammy’s Big Japan Plans

Sega Sammy Holdings is asserting its parity with the long list of global gaming operators looking to break into Japan. The pachinko and resort company may have an advantage...

Published October 22, 2018

IPI in Saipan: How Low Will It Go?

Illegal workers. An FBI investigation. Construction delays. Billions in uncollected debt. Toppling share values. These are just some of the problems plaguing Imperial Pacific International on the island of...

Published October 22, 2018

Tigre de Cristal Adds Accommodations

The operator of the Tigre de Cristal resort (l.) near the Russian port city of Vladivostok will add apartments and villas as part of its Phase II development. Tigre...

Published October 22, 2018

Island of Boracay Reopens, Casinos Still Banned

The resort island of Boracay in the Philippines has reopened after a six-month cleanup, but the government insists it will never be open to casinos. Boracay will now operate...

Published October 22, 2018

Amax Inks Cambodia Service Deal

Hong Kong-listed gaming investor Amax International Holdings has signed a deal with Cheung Shing Global Travel Entertainment Ltd. to provide technical services for a new casino in Sihanoukville, Cambodia....

Published October 22, 2018

Singapore Earmarks $1 Million for Promotions

The Singapore Tourism Board will put $1 million into the so-called Fast Forward Fund, which will support multimedia content to promote the jurisdiction.

Published October 22, 2018

Macau Shares on the Decline

The Chinese government’s crackdown on corruption and lingering investor concerns about a trade dispute with the United States have caused the stocks of Macau’s top six casinos to drop...

Published October 22, 2018

Expert: Taiwan Needs Casinos

An advisor to Taiwan’s travel agent association says the country would benefit from an amusement or theme park to boost tourism, and should legalize casinos for the same reason.

Published October 22, 2018

Indian Online Poker Site Raises $3 Million

Indian online poker platform 9stacks has raised 28 crore (US$3 million) through a Series A funding round via WaterBridge Ventures, whose Manish Kheterpal (l.) says India is on the...

Published October 15, 2018

Melco Launches Studio City IPO, Mulls Philippine Privatization

Studio City International Holdings Ltd., 60 percent owned by Melco Resorts & Entertainment, has launched an initial public offering. The entity controls Melco’s Studio City (l.) in Macau. Going...

Published October 15, 2018

Suncity to Develop Cambodian Casino

Macau junket operator Suncity Group Holdings Ltd. has inked a deal with Golden Sun Sky Entertainment Group Ltd. to develop and operate a casino in the Cambodian province of...

Published October 8, 2018

SJM Seeks Extension for Smoking Lounges

Macau casino operator SJM Holdings Ltd. has asked the government to extend the deadline for upgraded smoking lounges in the city’s casinos. The deadline expired September 28, with new...

Published October 8, 2018

Did Philippines Officials Run ‘Permit Mill’?

The Philippine Office of the Ombudsman is investigating three Parañaque officials accused of rubber-stamping gaming permits in exchange for “grease money.”

Published October 8, 2018

Meg-Star Opens 8th Macau VIP Room

On September 28, Macau junket investor Meg-Star Group launched its eighth and largest VIP room in the city at the Venetian Macao. The opening was just in time for...

Published October 8, 2018

Landing Stock Seesaws, Chairman Still MIA

Shares of casino operator Landing International Development took a rollercoaster ride last week amid questions about the company’s chairman, Yang Zhihui (l.), who dropped out of sight in August...

Published October 8, 2018

PAGCOR Head Touts ‘Manila Strip’

Andrea Domingo (l.) of the Philippine Amusement and Gaming Corp, supports a Manila Strip based on the Vegas model. But current operators in Manila demanded and won a five-year...

Published October 8, 2018