Archive

_2014-07-31
MGM China said it’s raising the annual caps payable to the Shun Tak Group under its renewed master service agreement because of an expected increas

_2014-07-31
An Australian mining tycoon plans to present a bill to the government of Prime Minister Tony Abbott that would restrict Australians receiving welfare

_2014-07-31
Melco Crown Entertainment is eyeing a casino license in the Japanese city of Osaka and officials have met with governor Ichiro Matsui to discuss the

_2014-07-31
MelcoLot, a lottery products distributor and provider in China, says its H1 loss is likely to more than double from the year-ago period due to foreig

_2014-07-31
Echo Entertainment said it has appointed Queensland-based company director and lawyer Sally Pitkin as a non-executive director as it competes to expa

_2014-07-31
James Packer, chairman of Australia’s Crown Resorts, is planning a return to Las Vegas with a Strip resort on land once occupied by the New Frontie

_2014-07-31
Published in: Latest Intelligence Figures released by the Ministry of Finance (MoF) last month reveal that China Sports Lottery revenues were boosted by 83 percent to RMB19.4 billion ($3.1 bn) in June 2014 compared with last year, no doubt benefiting...

_2014-07-31
Published in: Latest Intelligence Thailand's military chiefs have taken aim at the popular state lottery, saying they are seeking to reduce street prices for the tickets, which are often as much as 40 percent above the official rate of 80 baht ($2.58). The...

_2014-07-30
The Lottery Commission in the Northern Marianas is expected to finalize details of a $2 billion casino resort on the island of Saipan with developer

_2014-07-30
A three-storey penthouse that will be built above Crown Resorts’ new six-star Crown Sydney hotel and casino in Barangaroo may be worth more than A$

_2014-07-30
A protest over pay and conditions at Macau’s casino operators has spread to Galaxy Entertainment Group, with a group known as the Forefront of Maca

_2014-07-30
Gross gaming revenue in Asia’s big five markets is likely to rise about 11 percent a year on a compound average basis to reach $98 billion in 2018

_2014-07-30
Although year on year gaming revenue for H1 in Macau is up 5.5 percent, Q2 revenue has fallen 11 percent from Q1, the first sequential quarterly reve

_2014-07-29
Tabcorp Holdings Ltd has announced that it will acquire the Territory-owned ACTTAB from the ACT Government for $105.5 million. As part of the deal, T

_2014-07-29
A Philippine court has granted an order preventing Kazuo Okada’s Universal Entertainment from terminating a real estate deal with Century Propertie

_2014-07-29
Chinese property developer Landing International, which is building a $2.2 billion integrated resort on South Korea’s Jeju Island with Genting Sing

_2014-07-29
Japan’s Dynam Holdings said revenue in the three months to end June fell 4.8 percent to 38.17 billion yen ($375 million), hurt by a higher consumpt

_2014-07-29
The Macau Gaming Industry Frontline Workers trade union is pushing Sands China for talks with workers over pay, according to local media reports. Ab

_2014-07-29
Tokyo’s Odaiba waterfront district is the most popular location for a casino in Japan, with more than a quarter of respondents picking the spot as

_2014-07-29
Genting Hong Kong, which owns 28 percent of Norwegian Cruise Line Holdings, said its share of the profit from the cruise ship operator amounted to ab

_2014-07-24
Published in: Latest Intelligence Samoa is set to get its first casino at Aggie Grey’s Lagoon Beach Resort & Spa in August, with a second planned for early 2015, as the South Pacific island seeks to boost tourism numbers, which plummeted after 2009’s...

_2014-07-24
Published in: Latest Intelligence Genting Bhd, Malaysia’s only casino operator, is likely to see a drop in visitor numbers this year as the company spends RM5 billion ($1.6 billion) to revamp its 49-year-old Resorts World Genting. The Genting Integrated...

_2014-07-17
Published in: Latest Intelligence Mega Stars Overseas, whose Marianas Stars Entertainment unit this week missed out on a $2 billion casino license on the island of Saipan, has been urged to re-channel its efforts into bolstering its project on neighbouring...

_2014-07-17
Published in: Latest Intelligence Malaysia-based Asean Union is looking to the long term in a $2.5 billion start-up development in southern Laos, which aims to create a financial and entertainment hub in the area. The recent signing of an agreement...

_2014-07-10
Published in: Latest Intelligence Volume in Asia’s debt capital markets has hit record highs in the year to date, providing an ample pool of liquidity for casino operators should they decide to raise funds through bond issues to finance multi-billion...

_2014-07-10
Published in: Latest Intelligence PhilWeb, which operates 299 eGaming cafes across the Philippines, said its business model is attracting growing interest across Asia from regulators and gaming firms eager to replicate the business at home. The Philippines,...

_2014-07-03
Published in: Latest Intelligence Taiwan’s long-awaited bill to legalize casinos remains mired in political limbo, though experts are optimistic it may still pass by the end of this year. The Tourist Casino Management Act, though considered a priority...

_2014-07-03
Published in: Latest Intelligence Singapore took less than five years to catapult itself to the third spot in the global gambling industry, but that heady early growth now seems to have hit a plateau with few new drivers for growth expected in the short...