Archive

_2014-04-24
Macau’s Chief Executive Fernando Chui Sai On said the government will review VIP gaming room rules when it discusses license renewal in 2015-2016,

_2014-04-24
James Packer’s Crown Resorts has signed a sponsorship accord with the Sydney Symphony Orchestra in a branding campaign designed to woo China VIPs.

_2014-04-24
Members of Sri Lanka’s opposition party took to the streets of Colombo Thursday to push the government to stop James Packer’s Crown Resorts and o

_2014-04-24
Nepal casinos have been shut down after they failed to meet a deadline to pay due royalties and obtain new licenses, according to media reports. A to

_2014-04-24
Summit Ascent Holdings, which is 33.8-percent owned by Lawrence Ho, is raising its stake in a casino venture on the outskirts of Vladivostock to 60 p

_2014-04-24
Russian President Vladimir Putin has submitted a draft law to the country’s parliament to create a fifth gambling zone in the newly annexed Crimea.

_2014-04-24
H.I.S. Co.’s Dutch-themed Huis Ten Bosch amusement park along the Nagasaki coast may buy a deserted offshore island to boost its appeal as a site f

_2014-04-24
Osaka is likely to designate Yumeshima, with about 170 hectares (420 acres) of land available for development, as the preferred site for a casino, Go

_2014-04-24
In a detailed report on the potential for Japan’s gambling industry, UBS said it estimates a market size of $9.4 billion in 2020, the year it expec

_2014-04-24
Draft legislation on Vietnam’s casino industry will maintain a ban on allowing locals into casinos, dashing hopes for an expansion of the sector, a

_2014-04-24
Annual results from Bloomberry Resorts and Resorts World Manila have cast some doubt about the market’s ability to absorb greater competition, acco

_2014-04-24
Marina Bay Sands first quarter property EBITDA gained 9.7 percent to $435.2 million boosted mainly by non-gaming revenue, though mass market business

_2014-04-24
Summit Ascent, led by billionaire Lawrence Ho, is selling 52 million shares, or 7 percent of the company, to finance plans to raise its stake in a Ru

_2014-04-24
Entertainment Gaming Asia said it has received a notice from the Nasdaq Stock Market giving it 180 days to regain compliance with listing rules that

_2014-04-24
Macau Legend said its subsidiary Hong Hock has entered into a variable interest entity agreement allowing it to boost its share of revenue from junke

_2014-04-24
China is cracking down on gambling houses, with severe penalties likely, especially for those that are open to children, Xinhua said. Running sites w

_2014-04-24
Sands China first quarter revenue jumped 34.7 percent to $2.72 billion, with adjusted property EBITDA up 49.8 percent to $938.1 million. Net income f

_2014-04-24
Daily table revenue in Macau is likely to have rebounded in the week from April 14 to April 21 to HK$1.066 billion ($136 million), a 15 percent gain

_2014-04-24
Published in: Latest Intelligence Casino stocks in the Philippines saw significant buying interest this week as foreign and local buyers flooded back into the market on expectations for strong corporate earnings growth.   Shares in Philippines-listed...

_2014-04-24
Published in: Latest Intelligence The Philippines has made progress in making the country a friendlier place for foreign investment, but the recent controversy surrounding Universal Entertainment’s Manila resort project have highlighted that challenges...

_2014-04-16
Published in: Latest Intelligence Shares in Echo Entertainment Group (EGP.AU), the operator of Sydney’s The Star Casino, surged after positive first-quarter results boosted earnings expectations and the company named a new CEO.   The firm, which...

_2014-04-10
Published in: Latest Intelligence By the end of 2017, all six of Macau’s gaming concessionaires will have completed multi-billion dollar projects on Cotai. The development of these luxury resorts is expected to ease capacity constraints in the casino...

_2014-04-10
Published in: Latest Intelligence Shares in China LotSynergy (1371.HK), a Beijing-based lottery system provider, have jumped over the past week, fuelled in part by a switch by investors looking for value among smaller gaming stocks. The Hong Kong-listed...

_2014-04-03
Published in: Latest Intelligence Paradise shares shine as analysts predict strong growth Shares in Paradise Entertainment (1180.HK), one of three licensed casino-service firms in Macau, surged over the week after better-than-expected 2013 results...

_2014-04-03
Published in: Latest Intelligence The Lippo Group/Caesars Entertainment consortium appears to have stolen a march on rivals, gaining preliminary approval for a $805 million foreigner-only resort on Yeongjong island before legal changes that may make...