Archive

_2014-05-30
Australia needs to improve its tourism infrastructure if it’s to capture a slice of China’s booming outbound tourism market, which is likely to d

_2014-05-30
Sterne Agee has lifted its share price target on Nasdaq-listed junket operator Iao Kun Holdings and reiterated its Buy rating following “solid” f

_2014-05-30
Melco Crown unit Studio City finance, which is developing the company’s new Studio City Cotai resort said pre-opening costs rose to $0.9 million in

_2014-05-30
Macau’s gross domestic product jumped 12.4 percent in the first quarter of 2014, with private investment surging close to 40 percent, fuelled by co

_2014-05-30
Sands China, the Hong Kong-listed unit of Las Vegas Sands, said investors approved the payment of a $0.86 ($0.11) dividend at its annual general meet

_2014-05-30
Japanese Prime Minister Shinzo Abe toured Singapore’s two luxury integrated resorts on Friday and said he backed such developments in Japan. "I th

_2014-05-29
Macau is not likely to see any major impact if the individual visitation scheme, which allows mainland Chinese to make independent visits to Hong Kon

_2014-05-29
Macau has scrapped a controversial pension bill that would have given retiring officials hefty benefits after record street protests against the legi

_2014-05-29
Las Vegas Sands Corp. founder Sheldon Adelson held a wide-ranging question and answer session with investors at a conference in New York, saying he p

_2014-05-29
Iao Kun Group Holding (IKGH), a promotor of VIP gaming rooms, said Q1 adjusted income rose, boosted by an increase in rolling chip volume. On an adj

_2014-05-29
Genting Bhd, a Malaysian conglomerate with interests ranging from gambling to palm oil, said its Q1 pre-tax profit from continuing operations surged

_2014-05-29
Macau’s government said it won’t allow any more casinos to be built in the territory after 2017, when the current round of building projects on C

_2014-05-29
Publishers' note: Each gaming market has its own pull. Vegas' comes from the entertainment offer, versus Macau where VIP is its reason for being. Ve

_2014-05-29
Published in: Latest Intelligence Regulating online gambling would provide significant revenue for Asian governments and boost consumer protection, though enforcing the rules would cause major headaches, speakers at last weekend’s regulatory summit...

_2014-05-29
Published in: Latest Intelligence Achieving cross-border cooperation is seen as the key to effective regulation of the gambling sphere, especially given the booming online market, regulators at a conference in the Philippines said. At the East meets...

_2014-05-28
The passage of a bill that will set the stage to legalize casinos in Japan seems nearly impossible by the end of the current parliamentary session on

_2014-05-28
Macau’s Health Ministry has admitted that setting up smoking rooms on the territory’s casino floors may not always be viable, with two operators

_2014-05-28
Genting Singapore said it has set up eight subsidiaries in Japan, ahead of the expected legalization of casinos in the country. In a Singapore stock

_2014-05-28
New Zealand’s pokie clubs will be able to claim commission on money spent in their venues under the country’s Gambling Amendment Bill, which over

_2014-05-28
Konami Corp, a Japanese electronic gaming and pachinko company, says it’s planning to invest in casinos once Japan legalizes the market. Konami pl

_2014-05-15
Published in: Latest Intelligence Philippine-traded gaming stocks ended the week mixed despite news the state-run industry regulator struck a deal with casino operators to cut license fees, boosting the outlook for both earnings and shares, analysts...

_2014-05-15
Published in: Latest Intelligence Genting Bhd is on an expansion drive as the Malaysian conglomerate aggressively seeks global growth to offset a flattening in its core Singapore and Malaysia markets.   The company may spend at least $9.5 billion...

_2014-05-08
Published in: Latest Intelligence Macau’s casino stocks plunged this week following a media report that officials are planning to clamp down on illegal money transfers, though some analysts said the fears were overblown. Sands China (1928.HK) dropped...

_2014-05-08
Published in: Latest Intelligence Saipan’s decision to legalize casinos on the island comes amid a surge in interest in gaming in the Northern Marianas and elsewhere in the Pacific, but may come at the expense of an existing resort on neighbouring...

_2014-05-01
Published in: Latest Intelligence Concern recent scandals surrounding two junket operators may further slow VIP revenue sent Hong Kong-listed gambling stocks reeling this week.    The sector, key to drawing in China’s high-rollers to Macau and...

_2014-05-01
Published in: Latest Intelligence Nepal’s government has shut down the country’s casinos for the first time in more than four decades of operation in a move expected to result in a major shakeout in the industry. The government ordered the closure...