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

Macau to Have Leftover Tables

Macau’s Gaming Inspection and Coordination Bureau will have 482 gaming tables up for grabs after SJM opens its Grand Lisboa Palace next year, says Union Gaming. The SJM property...

Published April 16, 2018

Boracay Casino: A $100 Million Bonanza?

Galaxy Entertainment Group says its planned resort on Boracay Island in the Philippines will bring in revenues of $100 million a year once it opens. Critics question the government’s...

Published April 9, 2018

Naga GGR Up 181 Percent

Cambodian casino operator NagaCorp Ltd. realized an increase in gross gaming revenue of 181 percent increase for the first quarter of 2018. The surge was led by mass-market volume,...

Published April 9, 2018

Silver Heritage Boots Local Partner

Asian casino operator and developer Silver Heritage Group has removed the local partner overseeing development of its new Tiger Palace project (l.) in Bhairahawa. That partner alleged illegal hiring...

Published April 9, 2018

Rooms for More in Sihanoukville

As Cambodia pursues more foreign investment in its casino industry, big-name hoteliers are also moving in to ease the chronic shortage of rooms, especially in the four-star to five-star...

Published April 9, 2018

Macau GGR Up 22 Percent for March

Gross gaming revenues at Macau’s casinos rose 22.2 percent year-on-year in March to MOP25.95 billion (US$3.21 billion), according to official data. The results for last month puts GGR for...

Published April 9, 2018

Macau Legend Delays Landmark Sale

Macau Legend Development Ltd. has announced that the sale of its peninsula-based hotel and casino will not be complete until the end of the month. It is selling the...

Published April 9, 2018

Indian Casinos Balk at Higher Fees

Indian gaming operators in Goa, stunned by an increase in annual recurring fees for offshore and land-based casinos, plan to petition the government for a rollback of the plan....

Published April 9, 2018

Donaco Wins Round Against Thai Vendors

Australian-listed Donaco International Ltd. has won an injunction from the Supreme Court of New South Wales to freeze the shares held by the Thai vendors of its Star Vegas...

Published April 9, 2018

Political Deadlock Stymies Japan Gaming

The Japan government’s coalition partners, the ruling Liberal Democratic Party and the Komeito (symbol at left), remained deadlocked last week on the majority of issues surrounding passage of the...

Published April 2, 2018