Archive

_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
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
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
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

_2014-04-10
Paradise Entertainment Ltd wants to cut costs in its gaming machine business by building an assembly plant on Hengqin Island, according to reports. C

_2014-04-10
Macau’s VIP sector is expected to further slow this year in line with the Chinese economy, while the mass market will shine, according to analysts

_2014-04-10
Betfair will stop signing up new players from Russia from April 11 and will cut back on marketing in the region, according to reports. Existing reven

_2014-04-10
China Vanguard Group (CVG) said it reached an accord to supply a self-services lottery to Gansu province’s Sports Lottery Management Centre. The ac

_2014-04-10
China Star Entertainment told the Hong Kong Stock Exchange in a regulatory filing that it has extended HK$200 million ($25.8 million) in loans to an

_2014-04-10
China LotSynergy, which last week reached an accord with Mingsheng Bank to provide mobile lottery services in China said it raised HK$580 million ($7

_2014-04-10
Genting Singapore’s Baa1 credit rating has been reaffirmed by analysts at Moody’s Investors Service, with a stable rating, reflecting the company

_2014-04-10
Koh Pous (Cambodia) Investment Group and U.S.-based Interstate Hotels and Resorts are moving ahead with plans to develop a $1 billion resort on Snake

_2014-04-10
Gamevil has rolled out its second social casino game this year, with a multiplayer game called Party Slots. Up to six users collaborate to build up a

_2014-04-10
The Seoul District Court has reportedly rejected a bid by a money lender to recover some 11 million won ($10,560) lent to a gambler at Kangwon Land C

_2014-04-10
Melco Crown is considering a $5 billion Japan casino project that would be even more elaborate than the company’s City of Dreams resort in Macau, T

_2014-04-10
Dynam Japan Holdings Co said its plans to build a casino in Japan are part of a mid-to-long-term strategy and it has yet to identify a partner. The c

_2014-04-10
Ladbrokes said it has bought bookmaker Betstar for 12.4 million pounds ($20.7 million), helping to accelerate the growth of its Australian business.

_2014-04-10
Saipan Governor Eloy S. Inos said that three application packages for an exclusive casino license have been picked up, but no one yet has turned in a