Singapore Casinos Prep for Competition

Singapore must consolidate its casino regulations and regulatory bodies, especially in the face of growing competition, says Second Minister for Manpower and Home Affairs Josephine Teo (l.). Multiple agencies...

Published April 30, 2018

Wording Finalized on Japan Gaming Regs

The second stage of legalizing gaming in Japan is nearly complete after the government finalized wording on a bill that would establish the tax rate, locals gambling policy and...

Published April 30, 2018

Japan Casino Bill Heading to Diet

Japan’s ruling coalition will submit Part II of its plan for integrated resorts to parliament on April 27, which could pave the way for the legislation to be approved...

Published April 23, 2018

Boracay Partners Haven’t Shelved Plan

Macau casino operator Galaxy Entertainment Group and its Philippine partner, Leisure Resorts World Corp., are denying reports that they are looking for a new site for a multimillion-dollar resort...

Published April 23, 2018

Hainan Stocks Jump on Gaming News

Investors are gorging on stocks related to the Chinese island of Hainan on news of President Xi Jinping plans to transform the tropical resort into what one analyst has...

Published April 23, 2018

Stanley Ho to Retire

Stanley Ho, the 96-year-old chairman of Macau casino operator SJM Holdings, will retire at the company’s general meeting in June, becoming chairman emeritus. Ho will be succeeded by his...

Published April 23, 2018

Korea Casinos Rally

South Korea’s foreigner-only casinos are seeing a surge in revenues with the partial lift on the Chinese travel ban. Sales in January and February were up 15.9 percent year-on-year...

Published April 23, 2018

Donaco Wins Round Against Thai Vendors

Australian-listed Donaco International Ltd. says its Star Vegas casino in Cambodia “continues to rebuild” following a contentious battle with its Thai vendor for breach of contract and violating a...

Published April 23, 2018

Bloomberry Borrows $1.41 Billion

Bloomberry Resorts and Hotels Inc., a unit of Philippine casino investor Bloomberry Resorts Corp., has taken out a PHP73.5 billion (US$1.41 billion) loan in part for “investments and working...

Published April 23, 2018

U.S. Government Report: AML Deficient in Macau, Philippines

A U.S. government report on international narcotics control strategy identifies gaming centers of Macau and the Philippines as deficient in anti-money laundering efforts.

Published April 23, 2018

Stanley Ho Retires from SJM

The “father of gaming” in Macau, Stanley Ho, announced last week he was stepping down as chairman and executive director of SJM Holdings after the company’s annual general meeting...

Published April 16, 2018

Japan Lawmakers Hope to Submit Casino Bill

Japan’s cabinet is looking to submit part II of its Integrated Resorts bill to the Diet on April 27, which lays out the regulations surrounding the gaming industry. If...

Published April 16, 2018

Will China OK Hainan Casinos?

Will Chinese President Xi Jinping (l.) come out in support of expanded gaming, possibly including casinos on the island of Hainan? Many Chinese wonder why the bulk of gaming...

Published April 16, 2018

PAGCOR Seeks More Solaire Bids

The Philippine Amusement and Gaming Corp. is seeking more bids for the land under Solaire Resort and Casino (l.) in Manila’s Entertainment City. Solaire owner Bloomberry Resorts had planned...

Published April 16, 2018

Century Stockpiles Millions for Asia

Century Casinos, a Colorado-based, NASDAQ-listed operator with casinos in the United States, Canada and Europe, has more than $50 million in available capital to invest in Asian projects, says...

Published April 16, 2018

PAGCOR OKs New Clark Casino

Filinvest Development Corp. and a subsidiary have acquired a provisional gaming license for development of an integrated resort in the Clark Special Economic Zone (l., a former U.S. airbase)....

Published April 16, 2018

India to Roll Back Goa Taxes?

The state government of Goa in India may revisit a plan to hike casino fees after pleas from operators who say the increase may force them to close. The...

Published April 16, 2018

Loan Sharks Abound in Philippines

The Committee on Games and Amusements of the Philippine House of Representatives has created a committee that plans to criminalize usurious credit and lending businesses in the country’s casinos.

Published April 16, 2018

Tak Chun Opens in Da Nang

Macau junket investor Tak Chun Group, which will open a VIP club at MGM Cotai in the second half of this year, has added another club at a property...

Published April 16, 2018

Tiger Palace Raided for Illegal Booze

Nepal’s Inland Revenue Office raided Tiger Palace Casino Resort (l.) in Bhairahawa on April 8 after complaints that the resort casino was selling alcoholic without a license. The casino...

Published April 16, 2018