Archive

_2013-01-31
  Average Daily Table Revenue (ADTR) was USD 99.9 million last week, which is below the first two weeks of the month, but expected due to the pre-C

_2013-01-31
  According to the mayor of Zhuhai, He Ningka, the new Gongbei expansion will be in use in the next few months.  The expansion will almost double

_2013-01-31
  Japanese businessman Kazuo Okada, formerly Wynn’s largest shareholder, has asked a U.S. federal judge for an injunction to stop a special Wynn

_2013-01-31
  SJM Holdings (880:HK) was recently named by Euromoney magazine as the “Best Managed Company in Asia – Gaming” in the publication’s “Bes

_2013-01-31
  Las Vegas Sands Corp (LVS) is revamping its compliance procedures as it faces scrutiny from US regulators over anti-money laundering and bribery.

_2013-01-31
  Sands China has not yet indicated where its 200 new tables will be allocated.  The head of the Gaming Inspection and Coordination Bureau, Manuel

_2013-01-31
  Sands China Ltd (1928:HK) posted a 52 percent jump in fourth-quarter profit, due mainly to strong performance of its Cotai project, Sands Cotai C

_2013-01-31
  A subsidiary of Australian-based Leighton Holdings, Leighton Asia, has been chosen by Wynn Macau (1128:HK) to design and build its maiden propert

_2013-01-31
  Official data shows that the number of VIP gaming promoters operating legally in Macau is the highest ever. There are 235 licensed companies and

_2013-01-31
  Wynn Macau Ltd. profit fell 18 percent in the fourth quarter loosing grown to the competition already operating in Cotai, Bloomberg reported foll

_2013-01-31
  Hong Kong-listed Sands China Ltd declared on Friday an interim dividend of HK$0.67 (USD$ 8.6) per share, payable on or about February 28. In Janu

_2013-01-31
  Gambling revenue in Macau rose 7.3 percent in January year-on-year, riding on the waves of mainland punters. January's revenue at USD $3.4 billio

_2013-01-31
  The casino vessel M V Leela, owned by Golden Globe Hotels Pvt Ltd, would be taken over by the state government as an abandoned ship and auctioned

_2013-01-31
  Global mobile-gaming company Gameloft sacked 250 employees on Tuesday and shut down its Hyderabad branch, the only one in India, without any prio

_2013-01-31
  William Weidner, chairman and CEO of Weidner Resorts, said yesterday that they would allocate USD $2.5 billion for the support infrastructure, re

_2013-01-31
  Minister of Transportation and Communications, Mao Chi-kuo, announced that a gaming law draft will soon be sent to the Executive Yuan.  Mao said

_2013-01-31
  The Guangzhou-Zhuhai Intercity Railway is adding an express train service before the Lunar New Year holiday in early February, hopefully bringing

_2013-01-31
  In an effort to improve transparency and facilitate European and US companies to do business in the country, the Finance Ministry has publicly is

_2013-01-31
Published in: Latest Intelligence   The Mobile Gaming market in the Asia-Pacific region is as diverse as the nations in this market. There are a range of trading currencies, platforms, and game preferences making it difficult to adopt a cohesive strategy...

_2013-01-31
Published in: Latest Intelligence Australian reforms: No politics! by Ross Ferrar  A lot of confusion was cleared up in the last month or so of 2012, when the Federal Parliament finally passed poker machine legislation after more than two years...

_2013-01-24
Published in: Latest Intelligence Two years ago when precommitment was first being floated, manufacturers and operators came out in unison to say it was a political issue put forward by a weak minority government, and not an industry issue. The industry...

_2013-01-24
Published in: Latest Intelligence To say that Macau has lacked regulations on EGMs and related equipment is an understatement, given that prior to the Administrative Regulation 26/2012 approved on November 16, there was little else on paper to cling...

_2013-01-24
Published in: Latest Intelligence The following article is part of the repository of legal papers available to Asia Gambling Brief's members. For more details please write to [email protected] How the new Federal regulatory structure might work in...

_2013-01-24
Published in: Latest Intelligence The following article is part of the repository of legal reference papers available to Asia Gambling Brief members. For more details please write to [email protected]   Macau adopts new rules applicable to the...

_2013-01-10
Published in: Latest Intelligence Sheldon Adelson famously once said that there was room for 10 Macau’s in Asia Pacific. Nowadays he would probably argue that there is room for more than 10. But the Stateline concept of multiple casinos crowded around...

_2013-01-10
Published in: Latest Intelligence In the last few months a company owned by Americans operating in the casino industry in Laos, the small landlocked country bordering on economic tigers Thailand and Vietnam, took the unusual step of suing its partner...