Jeju Looks to Limit Industry

Governor Won Hee-ryong (l.) of Jeju Island, South Korea, wants to limit casino development and prohibit the transfer of casino licenses in the market. Jeju currently hosts nine gaming...

Published September 17, 2018

Star Vegas Targets Mass Market

Donaco International Ltd. has shifted its player focus from VIPs, who contribute about 40 percent of revenues, to mass players and the online space for is Star Vegas casino...

Published September 17, 2018

Suncity Consults on Cambodian IR

Macau junket operator Suncity Group will serve as a consultant to Golden Sun Sky Entertainment, now building a US$360 million beachfront integrated resort in Sihanoukville Province, Cambodia.

Published September 17, 2018

Wakayama Another Japan Hot Spot

A total of 33 companies have submitted proposals for an integrated resort in Marina City, Wakayama Prefecture (l.), on Japan’s south central coast. The RFI process kicked off at...

Published September 17, 2018

Does Macau Take Smoking Laws Seriously?

Of 47 casinos and slot parlors in Macau, just a dozen have submitted applications to have their smoking lounges approved under new Health Bureau rules. Of those, 10 lounges...

Published September 17, 2018

Melco Delists from PSE

Melco Resorts & Entertainment Philippines, which operates City of Dreams Manila (l.), plans to voluntarily delist from the Philippine Stock Exchange. The unit of the Asian gaming giant will...

Published September 17, 2018

India: The Final Frontier?

In terms of population alone—some 1.3 billion people—plus a growing economy and an appetite for gambling could make India the largest and richest untapped gaming market in the world.

Published September 17, 2018

Amax Trades Shares, Clears Debt

Hong Kong-listed gaming investor Amax International Holdings Ltd. has made a deal with three creditors that will enable it to exchange more than 37 million shares to expunge HK$9...

Published September 10, 2018

Udenna Corp. Goes to Market with Share Offering

Udenna Corp., the Philippines holding company of Davao City petroleum titan Dennis Uy, will offer more than 2 billion common shares to fund its casino resort business.

Published September 10, 2018

Landing Problems in Manila

It seems increasingly likely that the Landing International project slated for Manila’s Entertainment City (l.) will never be built. Joining Philippine President Rodrigo Duterte in nixing the project, other...

Published September 10, 2018

Myanmar Casino Bill Goes to Lawmakers

Myanmar’s 2018 gambling bill has been submitted for review to the Lower House of Parliament. If passed by lawmakers, the legislation will open the door to foreigners-only casinos in...

Published September 10, 2018

Saipan Lawmakers Fed Up with IPI?

Repeated requests for extensions for Imperial Pacific International’s Saipan casino project could spell the end of the company’s monopoly there. The embattled company has also been forced to write...

Published September 10, 2018

Silver Heritage Acquires Nepal Site

Casino developer Silver Heritage Group Ltd. has acquired a 74,500-square-meter (18.4 acres) parcel of land in Nepal to be the site of its second Tiger Palace resort. The company...

Published September 10, 2018

HK Jockey Club Satellite Opens

The Hong Kong Jockey Club’s new Conghua Racecourse (l.) has opened in Guangdong Province, China. The HK$3.7 billion (US$47 million) facility will serve as a satellite for the club’s...

Published September 10, 2018

The 13 Hotel: Lucky at Last?

On August 31, the 13 Hotel (l.) in Macau finally opened for what management called “private bookings.” Members of the general public could not immediately walk in or make...

Published September 10, 2018

Suncity Completes Hoiana Buy

Asian junket operator Suncity Group Holdings Ltd. has reportedly completed its acquisition of a $78.6 million stake in the Hoiana casino resort project (l.), now in the ground in...

Published September 10, 2018

Macau Kicks It in August

Gaming revenue increased 17 percent year-on-year for August, surprising some analysts and boosting expectations that the industry will not be unduly affected by the slowing Chinese economy or U.S....

Published September 10, 2018

Radisson Blu Opens in Vietnam

Radisson has opened its first hotel in Vietnam, on Phu Quoc Island. The Radisson Blu is 30 kilometers (19 miles) from Phu Quoc International Airport and easily reached from...

Published August 27, 2018

Macau Jockey Club Presents Investment Plan

The Macau Horse Race Co. Ltd., which operates the Macau Jockey Club, has sent an investment plan to the Gaming Inspection and Coordination Bureau outlining a strategy to fulfill...

Published August 27, 2018

Melco Plans IPO

Hong Kong-listed Melco Resorts & Entertainment is preparing to launch an initial public offering of shares in Studio City International Holdings, the holding company for the firm’s Studio City...

Published August 27, 2018