Archive

_2014-02-27
The South Korean government has delayed a decision to approve a huge integrated resort complex on Yeongjong Island, Incheon, local media reports. The

_2014-02-27
The Philippine Amusement and Gaming Corporation won’t renew its casino license for the Airport Casino Filipino, which is set to expire in July, loc

_2014-02-27
Genting said its fourth-quarter net profit fell 80 percent to 483.83 million ringgit ($147.96 million), as one-time gains from the sale of power plan

_2014-02-27
China’s lottery sales rose 9.2 percent to 27.15 billion yuan ($4.45 billion) in January, driven by a gain in the sports lottery, media reported Min

_2014-02-27
Neptune Group said it has completed the acquisition of a 5 percent stake in Superiority Wealthy. “The board is pleased to announce that all the con

_2014-02-27
A delegation from the China Australia Entrepreneurs Association Incorporated has visited Queensland’s Whitsundays to lodge a $5 billion bid for one

_2014-02-27
Published in: Latest Intelligence The Goa Assembly Session begins next week, with a flurry of new regulations expected for the state’s fledgeling gambling industry. They include the permission to transfer gaming licenses, a complete ban on local...

_2014-02-27
Published in: Latest Intelligence Macau Legend Development (1680.HK) and pachinko operator Dynam Japan (6889.HK) were among the biggest movers among Asia’s gambling stocks this week, both gaining 11 percent, on optimism over a planned tie-up.   Macau...

_2014-02-26
Dynam Japan Holdings says it has expanded a memorandum of understanding on a potential venture with Macau Legend for another six months because it ne

_2014-02-26
The Department of Finance has told The Philippine Amusement and Gaming Corp to remit 5.8 billion pesos ($130 million) worth of unpaid dividends durin

_2014-02-26
Interblock says it has carried out an upgrade for two eight-unit G4 Organic roulettes and added a further 30 play stations and two G4 Organic Roulett

_2014-02-26
Donaco International said it will spin off its mobile technology business into a separately listed company on the Australian Stock Exchange. Shares i

_2014-02-26
Donaco International said its first-half operating revenue has doubled, boosted mainly by a gain in VIP business at its flagship Lao Cai Internationa

_2014-02-26
SJM Holdings said 2013 revenue rose 10.2 percent to a record HK$86.95 billion ($11.2 billion), with profit attributable to shareholders gaining 14.2

_2014-02-26
Fitch Ratings says that Genting Singapore’s proposed joint venture in South Korea with China’s Landing International Development will help to “

_2014-02-26
Las Vegas Sands Chairman and Chief Executive Sheldon Adelson said the company is prepared to invest up to $10 billion in Japan as the country legaliz

_2014-02-26
MGM Resorts also said it’s ready to spend between $5 billion to $10 billion in Japan, according to Chief Executive James Murren. MGM Resorts wants

_2014-02-26
Moscow prosecutors have charged bookmaker F.O.N. with organizing illegal gambling, according to reports. The bookmaker’s website was licensed and r

_2014-02-26
Aquis said it has implemented its takeover offer for Reef Casino Trust for $4.35 per unit in cash, valuing the company at $216.83 million. Aquis’ t

_2014-02-26
Ainsworth Game Technology said its first-half profit after tax rose 62 percent to $35.7 million, boosted by sales in South America and the state of V

_2014-02-20
Published in: Latest Intelligence By Christine Duhaime, BA, JD Recent headlines on the digital currency phenomenon, bitcoin, haven’t been entirely positive, with news of regulatory clampdowns, the hacking of exchanges and the arrest of key market...

_2014-02-20
Published in: Latest Intelligence It’s been a tumultuous start to the year for bitcoin, with a major hacking attack, possible fraud, a high-profile arrest, and concerns over increased regulation all serving to send the value of the virtual currency...

_2014-02-20
Published in: Latest Intelligence International Entertainment Corp (1009.HK), controlled by Hong Kong business tycoon Henry Cheng Kar-shun, defied overall weakness in the gaming sector to gain 23 percent this week amid speculation the businessman could...

_2014-02-12
Published in: Latest Intelligence Genting Singapore’s S. Korea plans cheer investors Investors gave a warm reaction to Genting Singapore’s (GENS.SP) plans to team up with Hong Kong-listed mainland property group Landing International Development...

_2014-02-12
Published in: Latest Intelligence Asia is likely to see an explosion in mobile gambling as connections and infrastructure across the region improve, creating opportunities for Live Casino companies. In 2013, the European market saw a rapid increase...

_2014-02-06
Published in: Latest Intelligence It was a week of mixed fortunes for Hong Kong-listed junket operators over the Chinese New Year, as weak Macau January gaming revenue, added to concern over China’s economy and sky-high valuations. However, analysts...

_2014-02-06
Published in: Latest Intelligence The ICE International Gaming Show wrapped up in London, U.K. this week, with organisers hailing the event as one of the biggest and best ever. With more than 500 exhibitors from 57 countries showcasing the latest in...