Macau Racing Gets Tax Extension

The Macau Horse Racing Company has been given three years to pay its overdue taxes. If it fails to clear the debt by 2021, its license will be revoked....

Published April 2, 2018

Japan Losing Momentum?

With lawmakers dawdling over the second part of required casino legislation and a corruption scandal swirling around Prime Minister Shinzo Abe (l.), the push to bring integrated resorts to...

Published March 26, 2018

5 Die in Manila Casino Fire

A fire last week in a Manila casino hotel killed five people and forced hundreds to evacuate. The Manila Pavilion Hotel and Casino (l.) is located in Manila’s Ermita...

Published March 26, 2018

Ho: Six Is Enough in Macau

Lawrence Ho (l.), chairman and CEO of Melco Resorts & Entertainment Ltd., says Macau’s gaming market is currently right-sized with six casino concessionaires. The current concessions will expire starting...

Published March 26, 2018

Naga VIP Surpasses Mass

VIP gaming has overtaken mass as the chief revenue driver for Cambodia’s NagaWorld casino (l.). Sixty-five percent of all revenue came from VIP in 2017, compared to just 42...

Published March 26, 2018

Kangwon Land Firing Hundreds Amid Corruption Probe

More than 200 employees of South Korea’s Kangwon Land are losing their jobs as part of an investigation into corrupt hiring practices in the public sector. Former management at...

Published March 26, 2018

Tiger Palace in Nepal Officially Opens

Silver Heritage Group’s US$52 million Tiger Palace Resort on Nepal’s border with India celebrated its grand opening last week. The property held a soft opening last September and launched...

Published March 26, 2018

Galaxy in Line for Philippine License

Macau gaming concessionaire Galaxy Entertainment Group Ltd. will receive a provisional license to start the development of US$500 million casino in Boracay, Philippines by the end of March.

Published March 26, 2018

South Korea Casinos Struggle with Visitor Limits

Foreigners-only casinos in South Korea continue to see lower visitation due to the diplomatic row between Seoul and Beijing over the installation of THAAD, a U.S.-built advanced missile defense...

Published March 26, 2018

13 Hotel Rights Issue 90 Percent Subscribed

Hong Kong-listed 13 Holdings Ltd., developer of the long-delayed luxury 13 Hotel project in Macau, has announced that more than 90 percent of the shares in a recent rights...

Published March 26, 2018

Tak Chun Opens VIP Club at Okada Manila

Macau junket investor Tak Chun Group opened a new VIP gaming club at Okada Manila in the Philippines’ Entertainment City casino zone last week. The club will offer 18...

Published March 26, 2018

Second Death at Morpheus Site May Delay Further

A second construction-related death at the site of the Morpheus Hotel (l.) in Macau caused a partial shutdown of work at the property. Morpheus will be the fifth hotel...

Published March 26, 2018

Requests for Smoking Lounges Abound in Macau

The Macau Health Bureau has received applications from two casinos, Ponte 16 and the new MGM Cotai, to build 12 smoking lounges inside their properties. Officials say other casinos...

Published March 26, 2018

Imperial Pacific Looking for IR Extension

Saipan casino operator Imperial Pacific International may request another extension on its deadline to complete its Imperial Pacific resort, according to Commonwealth Casino Commission Director Edward Deleon Guerrero.

Published March 26, 2018

Will Macau Issue More Licenses?

As Macau’s gaming operators await details about the city’s gaming concession renewal process, David Chow (l.), the CEO of Macau Legend Development says the market can accommodate two to...

Published March 19, 2018

Cambodian Casino Boom?

Cambodia is pursuing more foreign investment in its casino industry. Legislation on the table would set the gaming tax rate at between 4 percent and 5 percent. There are...

Published March 19, 2018

PAGCOR to Sell Land to Solaire

The Philippine Amusement and Gaming Corp. is moving to sell two parcels of land where Solaire Resort and Casino (l.) stands in Manila’s Entertainment City casino zone. Previous auctions...

Published March 19, 2018

Tiger Palace Marks Grand Opening

Casino operator Silver Heritage Group marked the official grand opening of its Tiger Palace Resort in Nepal last week. A two-day gala celebration included “exhilarating, heart-stopping entertainment,” the firm...

Published March 19, 2018

South Korea Investigates Kangwon Land

Law enforcement in South Korea reportedly raided the offices of the Ministry of Culture, Sports and Tourism with a search warrant connected to an investigation of illicit hiring practices...

Published March 19, 2018

Indian Gaming Group is Proactive About Regulation

An Indian industry gaming group is crafting self-imposed regulations on skill games to avoid the multiple jurisdictions in Indian from attacking this problem with a patchwork of solutions.

Published March 19, 2018