So: Grand Lisboa on Cotai to Buoy SJM

The opening next year of SJM Holding’s Grand Lisboa Palace in Macau’s Cotai district will help restore the casino operator to market dominance, says CEO Ambrose So (l.). SJM...

Published June 25, 2018

Resorts World Manila Putting on the Ritz

Resorts World Manila (l.) will rebrand its Maxims hotel as the Philippines’ first Ritz-Carlton. The move is being done in part to draw more international tourists arriving at nearby...

Published June 25, 2018

Suncity in Spending Spree

Hong Kong-listed Suncity Group Holdings Ltd. wants to buy casinos in “South Korea, the Philippines, Russia and Myanmar,” says Executive Director Andrew Lo (l.). It may also make a...

Published June 25, 2018

Hainan a Hotbed of Speculation

Will the Chinese island of Hainan have gaming or not? It depends on who you ask. But speculation that the Chinese province will soon offer cashless bets is making...

Published June 25, 2018

Macau Jockey Club Relying on Renovation

An upgraded Macau Jockey Club (l.) will include improved facilities, “smart stables,” an equestrian-related theme park and a riding school, thanks to more than MOP1.5 billion (US$185.5 million) in...

Published June 25, 2018

Vietnam Announces First Locals Casino

The Vietnamese Ministry of Planning and Investment has announced that an integrated resort project now under construction on Phu Quoc Island is the first casino that will be able...

Published June 25, 2018

Wynn, LVS in Trade War Crossfire

A new report by investment bank Morgan Stanley suggests that further deterioration in trade relations with China could impact U.S. companies heavily dependent on Chinese business. Topping the list:...

Published June 25, 2018

Japan Gets More Time to Pass IR Bill

On June 15, Japan’s lower house passed a bill clearing the way for integrated resorts in the country. Now lawmakers in the upper house have an extra month to...

Published June 25, 2018

Canidrome Gets More Time to Place Dogs

The Macau (Yat Yuen) Canidrome Co. has three more months to relocate some 600 racing greyhounds after the dog track closes its doors July 21. All animals are now...

Published June 18, 2018

Goa Casinos Face Tax-Dodge Claims

Ten of the biggest casinos in Goa are under investigation for tax evasion. Two gaming halls in the Indian state have caved to government demands, but others say the...

Published June 18, 2018

Imperial Pacific Sues Bloomberg for Defamation

Bloomberg L.P. and two of its staff reporters are staring down a defamation lawsuit filed in Hong Kong by Imperial Pacific International Holdings Ltd., owner of the sole casino...

Published June 18, 2018

World Cup Portends a Boom for Asia’s Black Markets

It’s estimated that illegal operators in East Asia took more than US$2 billion in bets during the 2014 World Cup. Thanks to evolving technologies and the proximity in time...

Published June 18, 2018

Quezon Casino to Break Ground Next Year

Construction of Bloomberry Resorts Corp.’s second casino resort in the Philippines will begin next year, says Chairman and CEO Enrique Razon (l.). The property will bear the Solaire Resort...

Published June 18, 2018

Silver Heritage Sheds Problem Partner in Nepal

The company has bought out a pair of investors in its Nepal subsidiary and resold their stake to another group. It’s an important deal for Silver Heritage, which has...

Published June 18, 2018

MS: Union Pay Crackdown a Minor Problem

Financial services firm Morgan Stanley says the removal of Union Pay ATMs from Macau casinos is really no big deal. Investors have worried that the crackdown may have a...

Published June 18, 2018

Philippine DOJ Takes over Okada Probe

Embezzlement charges against Kazuo Okada (l.) were tossed, but he’s still on Philippine prosecutors’ watch list. The Japanese billionaire and gaming titan was accused of illegally diverting money from...

Published June 18, 2018

Cambodia Prime for Global Investment

With low labor costs, a growing local economy, big Chinese investment and other factors, Cambodia could be an attractive investment for a global gaming operators, says Andrew Klebanow (l.),...

Published June 18, 2018

Canidrome Hounds Need Homes

About 600 racing greyhounds will be homeless on July 21 if the owners of the Macau Canidrome do not make provisions for their welfare. The dogs will not have...

Published June 11, 2018

Suncity Delays Deadline for Vietnam IR Buy

Macau junket operator Suncity Group has extended its deadline to purchase a 34 percent stake in a casino project in Vietnam. The previous date of May 31 has been...

Published June 11, 2018

Tak Chun Opens at Macau Roosevelt

Macau junket promoter Tak Chun Group has announced it is running the VIP room at the casino inside the Macau Roosevelt Hotel in Taipa. Tak Chun replaced the David...

Published June 11, 2018