Archive

_2013-10-31
Total revenue for Macau Legend Development Limited increased by 5.6 percent in Q3 to a total of HKD421.1 million ($54.3 million).  Gaming revenue ro

_2013-10-31
Delta Corp. Limited, India’s only publicly traded gaming and hospitality company, said core gaming revenue jumped 58 percent in the three months to

_2013-10-31
Fifteen foreigners from Malaysia, Indonesia and Singapore were among the 21 people arrested when police shut down an online gambling ring in the Zhuh

_2013-10-31
The number of visitors who cite gambling as their primary reason to visit Macau continues to slide, hitting 9.4 percent at the end of the second quar

_2013-10-31
MGM China said its third-quarter revenue rose 22 percent to $808 million, driven mainly by an increase in VIP and main-floor table game revenues. Adj

_2013-10-31
Police in Seoul have broken up an online gaming ring, arresting six members and booking a further 122 associates, according to local media. The illeg

_2013-10-31
October gaming revenues broke all records with a 31.7 percent year-on-year increase, exceeding even analysts’ bullish expectations. Gross gaming re

_2013-10-31
Published in: Latest Intelligence Given its size and complexity, legalization of sports betting in the Indian market could be a game changer with potential revenues upwards of $60 billion In a country of more than a billion people, it has the potential...

_2013-10-31
Published in: Latest Intelligence Australia’s casino monopolies may become a thing of the past amidst aggressive moves by Crown Resorts to break their stranglehold, but success in attracting wealthy Asian clientele is likely to be the key as to whether...

_2013-10-30
Nepal’s Ministry of Culture, Tourism and Civil Aviation has set a Nov 21st deadline for casinos to pay all outstanding dues and renew their license

_2013-10-30
The number of people who are not allowed to enter Singapore's two casinos has reached a high of 175,680, almost four times the 47,178 placed under ex

_2013-10-30
Guoco Leisure first-quarter profit fell 29.2 percent to US$16.5 million on the costs of rebranding its hotels and other higher operating expenses. Re

_2013-10-30
The match-fixing trial of nightclub owner Eric Ding is scheduled to begin in Singapore this week. Ding is accused of providing prostitutes for a Leba

_2013-10-30
Ian Robert Gustafsson, the former head of Bodog’s Asian operations and two other employees have been charged with embezzlement in the Philippines.

_2013-10-30
A 24-year old man has died after spending six hours in a secret hole underneath a gambling table, trying to cheat punters out of cash in an illegal g

_2013-10-30
The world’s biggest casino companies, including Las Vegas Sands, MGM Resorts International, Caesars Entertainment, SJM Holdings and Melco Crown hav

_2013-10-30
Sri Lanka’s main opposition United National Party (UNP) has set up a committee to study the government’s move to license more casinos on the isla

_2013-10-30
A magistrate in Sydney has chosen not to convict The Star casino for breaching problem gambling laws during a promotional lottery to mark Chinese New

_2013-10-30
Crown Ltd Chairman James Packer says the company’s $600 million investment in its Melco Crown joint venture in Macau is now worth $6.2 billion, add

_2013-10-30
The table count in Macau’s casinos has risen 5 percent year-on-year in the nine months to September, exceeding the government’s limit of 3 percen

_2013-10-24
Published in: Latest Intelligence   By Alan Pedley Recent political and regulatory AML chatter in Macau fits with the timeline of international AML/ CTF scrutiny. It seems inevitable that more stringent controls will be necessary in the near...

_2013-10-24
Published in: Latest Intelligence   By Christine Duhaime Macau is facing a delicate balancing act – how to satisfy mounting international demands to crack down on money laundering and other criminal activities in its $38 billion gambling industry,...

_2013-10-17
Published in: Latest Intelligence Macau’s new slot legislation, which is leading to a shake up in the compliance and location of machines, is highlighting reporting discrepancies that cloud the picture of a lucrative area of the gaming business. Macau’s...

_2013-10-17
Published in: Latest Intelligence   By Christine Duhaime   Some of Macau’s biggest junket operators -- also known as VIP gambling promoters -- are planning to exhibit at next month’s Macau Gaming Show in a sign this integral part of the...

_2013-10-10
Published in: Latest Intelligence Sri Lanka’s parliament this week put off approving a tax amnesty for the island nation’s first foreign casino venture after opposition legislators pointed out technical irregularities in the way the bill was presented. The...

_2013-10-02
Published in: Latest Intelligence When Singapore Second Minister for Home Affairs S. Iswaran recently announced that the government is studying measures to regulate online gambling, it marked the first real possibility of bringing legal clarity to a...

_2013-10-02
Published in: Latest Intelligence A proposal to reform Thailand’s antiquated gambling laws to bring them up to speed with the explosion in online gambling in recent years is meeting stiff resistance.   Currently Thailand’s betting system is...