Landing to Build Manila Resort

Lawmakers in the city of Parañaque, Metro Manila, have OK’d Landing International Development Ltd.’s plan to develop and operate an integrated resort at Entertainment City.

Published May 7, 2018

MGM China Sees Growth in Q1

MGM China saw its net revenues rise 25 percent year-on-year to HK$4.7 billion (US$596 million) in the first quarter. It was up 7.5 percent at MGM Macau and got...

Published May 7, 2018

Off Again, On Again? Boracay Casino

Despite headlines to the contrary, Galaxy Entertainment Group’s $500 million casino resort planned for the Philippine island of Boracay may be on again if the company can convince the...

Published May 7, 2018

Century Casinos Entering Vietnam

An Austrian unit of U.S.-listed Century Casinos has acquired 51 percent of a firm that holds a license to offer gaming inside a hotel in Vietnam. Century Resorts Management...

Published May 7, 2018

NagaCorp Plans to Issue Notes

Cambodia’s leading casino operator, NagaCorp Ltd., has announced it will offer notes to investors around the world to fund renovations at its NagaWorld (l.) resort in Phnom Penh.

Published May 7, 2018

Macau Legend Sells Landmark

Macau Legend Development Ltd. has completed the sale of its peninsula-based hotel and casino. It sold the Landmark Macau for HK$3.3 billion.

Published May 7, 2018

IPI Wants Extended Extension

Casino operator Imperial Pacific International has confirmed it will seek another extension on its deadline to complete the Imperial Pacific resort (l.) on Saipan, part of the Commonwealth of...

Published May 7, 2018

Bloomberry to Buy Land Under Solaire

Bloomberry Resorts Corp., owner-operator of Solaire Resort & Casino in the Philippines, has won its bid to buy 16 hectares (39.5 acres) of land under its integrated resort in...

Published May 7, 2018

U.S. Calls Proxy Bets an AML Loophole

A March 2018 report by the United States government says proxy betting in Philippine casinos makes the jurisdiction vulnerable to money laundering. The country recently added casinos to entities...

Published May 7, 2018

Far East Buys Trans World

Hong Kong-listed developer Far East Consortium International Ltd. has announced a merger that allowed the company to acquire a firm with gaming and hospitality interests in Europe.

Published May 7, 2018

Japan Casino Bill Goes to Diet

Japanese lawmakers have signed off on a bill that defines the regulations for the country’s planned casino industry. The Integrated Resorts Implementation Bill has been submitted to the Diet...

Published May 7, 2018

Macau GGR Up 27.6 Percent in April

Macau’s gaming industry continues its comeback, with GGR up 27.6 percent year-on-year for the month of April to MOP$25.7 billion (US$3.18 billion). For the full year to date, the...

Published May 7, 2018

Wynn Macau to Get $100 Million Upgrade

Wynn Macau has announced that it will invest $100 million to upgrade Wynn Macau, its flagship resort in the Chinese territory. Wynn Resorts CEO Matt Maddox announced the plan...

Published May 7, 2018

Clean Energy Shuttles on the Rise in Macau

Sands China Ltd. is the fourth of Macau’s six casino operators to give an update in recent weeks on policy regarding use of emission-free clean energy vehicles for its...

Published April 30, 2018

Luxury Mall Coming to Hengqin

Macau-based luxury fashion retailer the Rainbow Group is investing an estimated RMB800 million (US$126.5 million) in a high-end mall in Hengqin, Guangdong Province.

Published April 30, 2018

Macau Legend Makes Inroads in Laos

Hong Kong-listed casino services firm Macau Legend Development Ltd. says it’s looking to grow in Laos. The company currently operates Savan Resort (l.) in Savannakhet near the Thailand border.

Published April 30, 2018

Belle Corp. Want to Grow CoD Manila

Belle Corp. has asked its Manila partner, Melco Resorts & Entertainment, to expand City of Dreams Manila onto a piece of land adjoining the existing property in Entertainment City.

Published April 30, 2018

Is MGM Cotai the New Macau Model?

MGM Cotai, which opened in February in Macau, may be a model for the new Macau, offering more non-gaming attractions and amenities to serve China’s growing number of middle-class...

Published April 30, 2018

Galaxy Partner Still Buying in Boracay

Galaxy Entertainment Group’s Philippine partner, Leisure and Resorts World Corp. is still buying land on the island of Boracay despite President Rodrigo Duterte’s assertion that no new casinos will...

Published April 30, 2018

Hoiana Continues Development in Vietnam

Construction continues on what will be Vietnam’s biggest casino, the $4 billion Hoiana project, set to open next year. The integrated resort will not be part of a three-year...

Published April 30, 2018