Archive

_2014-11-30
Hong Kong-based Silver Heritage is opening a casino in the Shangri-La Hotel & Resort in Kathmandu as part of a planned $100 million in phased investm

_2014-11-30
The amount of debt owed to Macau’s junket operators may now be as much as HK100 billion ($12.9 billion), Reuters reported, citing an unnamed Hong K

_2014-11-28
Tower Holdings is still interested in pursuing a $2 billion integrated resort project on Great Keppel Island in Queensland, Australia, should one of

_2014-11-28
A Macau legislator has called for improved rights for imported labor, saying workers should be able to make complaints against their employers withou

_2014-11-28
Macau’s quarterly gross domestic product fell by 2.1 percent year-on-year entering negative territory for the first time in five years as gaming re

_2014-11-27
China lottery sales rose 20.3 percent to 23.7 billion yuan ($5.34 billion) in October, lead once again by growth in the Sports Lottery, according to

_2014-11-27
Echo Entertainment Chairman John O’Neill has said the company has a “plan B” should it fail in its bid to win a second casino license in Brisba

_2014-11-27
The Macau government will renew Newpage Consultadoria’s contract to conduct studies on the gaming industry and advise the government in 2015. The

_2014-11-27
Dynam Japan Holdings says it’s aiming to boost its share of the Japan pachinko/pachislot market from 3 percent to 10 percent by March 2023 by pursu

_2014-11-27
The Western Australian government has defended a tax deal granted to Crown Resorts International that cuts the amount payable on profits from VIPs fr

_2014-11-27
Hong Kong billionaire Tony Fung has said “some difficult decisions” may need to be taken regarding the group’s plan for an A$8.15 billion ($7 b

_2014-11-27
The New Zealand Racing Board has appointed John Allen, the current chief executive at the New Zealand Ministry of Foreign Affairs and Travel, as its

_2014-11-27
Published in: Latest Intelligence Nepal’s beleaguered casino industry is likely to be back in business soon, however operators are still concerned about new regulations and are urging the government to do more to attract much needed foreign investment. The...

_2014-11-27
Published in: Latest Intelligence The collapse in Macau’s VIP revenue has been deeper and more prolonged than most analysts had foreseen, prompting questions as to what’s really behind the downturn and whether the junket system that fueled explosive...

_2014-11-26
New Zealand has vowed to crack down on online gambling overseas, which the country’s horse racing industry claims is robbing the sport of a vital s

_2014-11-26
Analysts are bearish about the prospects for Genting Singapore despite a stock buyback program, which has helped underpin the share price, Bloomberg

_2014-11-26
Sportradar entered an accord with the Asean Football Federation to provide monitoring and coverage across global betting markets for all of this year

_2014-11-26
Aquis Group, lead by Hong Kong billionaire Tony Fung, has not met with Queensland regulators and has not provided information that was crucial to the

_2014-11-26
Residents of Macau are snapping up apartment buildings on Hengqin island, with more than 200 flats being sold in pre-development sales in three weeks

_2014-11-25
Donaco International, which has signed an exclusive term sheet for a major purchase of a gaming and hospitality venture in Cambodia, says the target

_2014-11-20
Published in: Latest Intelligence Paradise Entertainment Chairman Jay Chun has said he’s optimistic about the future of gambling in Macau, though says the market is shifting and he expects the biggest percentage of revenue to come from gaming machines...

_2014-11-20
Published in: Latest Intelligence Developing non-gaming attractions and leisure parks on Hengqin Island may be key to Macau’s long-term success as the world’s largest gambling hub grapples with rising labor costs, falling revenue and high prices. Although...

_2014-11-13
Published in: Latest Intelligence   AGB sought the legal counsel of a Macau based lawyer to answer the question everyone has been asking: Is phone betting/ proxy betting legal in Macau? AGB Advisor António Vilela's professional opinion is a resounding...

_2014-11-13
Published in: Latest Intelligence It is often alleged that Asian crime syndicates are behind much of today’s sports corruption - Oscar Brodkin of Sportradar argues that assumption is a tad lazy as he goes through the economics of match fixing.   By...

_2014-11-06
Published in: Latest Intelligence India, which has the potential to be one of the world’s biggest gaming markets, has seen a number of events in 2014 that could kickstart the beginning of a regulatory process similar to that seen in other jurisdictions...

_2014-11-06
Published in: Latest Intelligence While the fate of a bill to legalize casinos in Japan remains in political limbo, Tokyo governor Yoichi Masuzoe is of the view that any property eventually established in Tokyo is likely to be open to foreign passport...