Archive

_2014-06-30
Chinese visitors are likely to be the biggest tourist group visiting Laos over the next five years as new infrastructure is put into place, including

_2014-06-30
Macau’s tight labour market continues to be a concern for casinos operating in the territory, though longer-term the government is likely to find a

_2014-06-30
Junket operator, Amax International, said it will actively pursue expansion outside of Macau to take advantage of high-rollers’ willingness to trav

_2014-06-30
Universal Entertainment’s Philippine unit is in talks with local partners to complete its resort development in Manila, local media cited Philippin

_2014-06-30
Pubs and clubs in Sydney are seeking an exemption from New South Wales’ 1.30 am closure laws to boost revenue from gambling, the Sydney Morning Her

_2014-06-29
Revenue from South Korea’s 17 casinos rose about 7.6 percent to 2.64 trillion won in 2013, driven mainly by visitors from China, according to the K

_2014-06-27
DJI Holdings, a licensed distributor and promoter of lottery products to China, said it plans to raise 30 million pounds ($51.1 million) through a li

_2014-06-27
Malaysia has joined authorities in other Asian countries in clamping down hard on illegal gambling related to the World Cup and has arrested a total

_2014-06-27
Tatts said it has reached an accord with the Australian state of Queensland that extends both its sports and race wagering licenses until 2098 and se

_2014-06-27
China’s insurance regulator has told companies operating in the country that they can no longer offer products related to gambling, such as An Chen

_2014-06-27
Tokyo’s High Court has dismissed a defamation lawsuit brought by Kazuo Okada’s Universal Entertainment against Wynn Resorts. The High Court back

_2014-06-26
Entertainment Gaming Asia said it has agreed to sell its Dreamworld Casino in Pailin, Cambodia, to a local buyer after effectively writing off its in

_2014-06-26
Caesars Entertainment said a casino project in Japan would require investment of at least $5 billion and it has held talks with potential local partn

_2014-06-26
The Supreme Court of Victoria has handed down its verdict in a case related to compensation for the loss of operating monopolies, finding in favour o

_2014-06-26
Macau casino stocks jumped after the government clarified its policy on jewellery and watch retailers’ use of China UnionPay terminals within casin

_2014-06-26
Iao Kun Group Holding, an operator of VIP rooms in Macau, said it has submitted an application to apply for a listing on the main board of the Hong K

_2014-06-26
Leap Forward Gaming said it has signed a distribution agreement with eBET to sell and market its SaffariNet Ecosystem in the Australian gaming market

_2014-06-26
Published in: Latest Intelligence The Thai military junta’s crackdown on illegal gambling is creating a boom for Cambodia’s border casinos and is unlikely to do much to curb an illicit business that some estimates say may be 14 times the legal market. During...

_2014-06-26
Published in: Latest Intelligence Adopting an Australian-style sports organizers’ betting right model is not the way to protect sport from corruption, says Khalid Ali, Secretary General of ESSA, the regulated betting industry’s integrity body. A...

_2014-06-25
U.S. authorities are turning up the spotlight on how money flows from Macau to the U.S. to make sure U.S. operators are not being used as conduits fo

_2014-06-19
Published in: Latest Intelligence By Frank Catania*   After more than a decade of U.S. casino investment flooding into Asia, creating unprecedented profits for operators, some Asian companies are looking the other way, seeking opportunities...

_2014-06-19
Published in: Latest Intelligence Fee hikes for bookies in Australia’s horse betting market threaten to boost illegal gambling, push players back offshore and may force companies to change their business models, experts said. Victoria has changed...

_2014-06-12
Published in: Latest Intelligence International online operators are doing booming business in Thailand, where officially gambling is banned, providing a challenge for authorities which are seeking to crackdown on illegal internet activities. Operators...

_2014-06-12
Published in: Latest Intelligence Some of Macau’s multi-billion dollar resort plans on the Cotai strip are running over budget amidst rising labor and construction costs, though analysts and industry players remain optimistic the potential for topline...

_2014-06-08
Published in: Latest Intelligence Russia’s plans to legalize online gambling sparked heated debate at the VIII International Russian Gaming Week, with industry participants questioning the model, tax rates and the ability to stamp out illegal betting. About...

_2014-06-05
Published in: Latest Intelligence President Vladimir Putin has announced ambitious plans to legalize gambling in Crimea, creating the country’s fifth gaming zone, in an attempt to boost the economy in the newly annexed region.  New Crimean authorities...