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By date / 2015 / Apr

2015-04-30
Melco Crown Entertainment said it has launched a new local management development program aimed at helping its Macau employees rise to higher position

2015-04-30
Malaysia’s Luster Industries is buying a 60 percent stake in Cambodian gaming company Pan Cambodian Lottery for $4.2 million, according to media rep

2015-04-30
China Vanguard says it expects to report a 200 percent increase in profit for the nine months to end-March due to strength in its China lottery busine

2015-04-30
Wynn Resorts CEO Steve Wynn said he makes no apologies for slashing the dividend from $1.50 to $0.50 a quarter based on the company’s poor financial

2015-04-30
Gaming revenues for Vegas Strip casinos in March fell 9.6 percent compared to the year before, with roughly half of the drop driven by baccarat, a res

2015-04-30
China’s crackdown on corruption, increasingly stringent immigration controls and a recently proposed 21-million quota on annual visitors from the mainland has significantly changed Macau’s junket market, with promoters increasingly diverting business...

2015-04-30
The gambling zone of Primorye in Russia’s Far East continues to pull ahead of rivals, with the expected summer opening of Summit Ascent’s integrated resort and news of two other major investments worth more than $1 billion. 

2015-04-29
Union Gaming Securities Asia Limited, a wholly owned unit of Union Gaming Group, said it has received formal approval to begin both Type 1 and Type 4

2015-04-29
  SkyCity’s CEO announced that it it making good progress with the government towards finalizing the preliminary design of the New Zealand Internat

2015-04-29
Union Gaming remains fixed on its Buy rating on shares in Hong Kong-listed NagaCorp due to the company’s continuing success and growth prospects. An

2015-04-29
Belle Corporation, an investor in Melco Crown Entertainment’s City of Dreams Manila, said Q1 revenue more than doubled and profit rose, boosted by e

2015-04-29
Louis XIII Holdings said its new property on Cotai will open on July 1st, 2016, slightly ahead of schedule. The date was announced during the Daiwa Co

2015-04-29
Best Sunshine International has finally signed a lease agreement with the Department of Public Lands for a parcel of land where the first phase of its

2015-04-29
Online sportsbooks say the much-anticipated fight Floyd Mayweather and Manny Pacquiao  on May 2 is by far the biggest booked fight in the history of

2015-04-28
Hong Kong-based Success Universe Group, a sports lottery sales agency to the Chinese market, posted a 420 percent increase in profit attributable to

2015-04-28
Paradise Entertainment Ltd, a casino service and equipment provider, posted a 15.7 percent increase in revenue for 2014 but a sharp decrease in profit

2015-04-28
Macau’s gaming and hotel workforce shrunk by 2,400 and 1,800 respectively during January to March from the previous three-month period while the une

2015-04-28
Wynn Resorts’ large dividend cut from $1.50 per share to $0.50 in the first quarter following dire financial results from its Macau arm reflect a ca

2015-04-28
The Hong Kong Jockey Club has major organizational changes and new leadership appointments in its Racing Division to support the future growth plans.

2015-04-28
Shares in Wynn Resorts tanked 10 percent in after hours trading Tuesday after the company posted much lower-than-expected 15Q1 adjusted earnings as re

2015-04-23
Gaming operators looking for an easy way to set up a casino and cash-in on the thousands of Vietnamese eager for a flutter, could see its luck change as Cambodia introduces new gaming legislation.

2015-04-23
Horse racing needs to change its funding model and broaden its appeal if the industry is to thrive and meet the challenge posed by the booming sports betting market, critics say. The industry is hampered by poor marketing and over reliance on bookmakers...

2015-04-15
Delta Corp, India’s leading gaming company, continues to face delays in opening a casino at its luxury integrated resort in Daman, raising concern over the operator’s revenue prospects and dampening hopes for land-based gaming in the country.

2015-04-15
Thailand’s lottery system is facing major changes with amendments to gaming laws that may open the way for online sales to begin as soon as June, and almost double annual revenue to 44 billion baht ($1,354 million).  

2015-04-09
Two recent high-profile examples in Australia of deals not proceeding due to regulatory delays raise questions as to whether the approval process is taking too long, or whether the bar is set too high. An attempt by Tony Fung’s Aquis Group to buy the...

2015-04-09
Electronic table games have gained a strong and growing foothold in Macau’s traditionally baccarat-dominated casinos and may prove key in populating the floors of new multi-billion dollar resorts amid a tight cap on tables and ongoing labour shortages.

2015-04-01
Will the new supply coming to the Cotai resort district set Macau back on the road to growth and if it does will operators be allocated enough tables to make the new multi-billion dollar resorts profitable? They are billion-dollar questions with no ready...

2015-04-01
The Philippine gaming market is expected to be one of the fastest growing in Asia this year, though early signs of cannibalization amongst newly opened resorts has led to some concern the market may not be deep enough to support the planned multi-billion...

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