Archive

_2015-06-30
The Macau government has announced a reversal of the previously tightened transit visa policy, which was first put in place on July 1, 2014.  The new

_2015-06-30
 Donaco International confirmed that it has completed the acquisition of the Star Vegas Club and Resort in Poipet, Cambodia. “The Company now has o

_2015-06-30
Sands China Ltd. has announced a new professional development programme for its dealers that would give up to 100 dealers a chance to spend 12 months

_2015-06-30
Macau’s gambling revenue fell to a five-year low in June of 36.2 percent, taking the fall in revenues to 13 straight months since China’s crackdow

_2015-06-30
Caesars Entertainment Corp announced that Mark Frissora has taken the role of president and CEO, effective July 1. Frissora, who also joined the board

_2015-06-30
It’s come as no surprise that, after months of worry among Macau operators, smoking in casinos will likely become a thing of the past. Following a r

_2015-06-30
Swedish firm Betsson has struck a deal to acquire Georgia-based, privately owned gaming operator, Europe-Bet for a total purchase consideration of $85

_2015-06-30
Macau, whose meteoric success was fueled by the high-spending VIP gambler, needs to improve its branding and tourism planning if it is to transform to a majority non-gaming model and replace income from the missing high rollers. The government is determined...

_2015-06-29
Philippine President Benigno Aquino III led the groundbreaking ceremony for an airport resort in Cebu that aims to increase the airport's annual passe

_2015-06-29
Visitors to Macau on package tours totaled 823,000 in May 2015, down by 2.2 percent year-on-year, according to information from the Statistics and Cen

_2015-06-29
Paradise Entertainment Limited, an electronic gaming systems supplier, announced that it is expected to record a loss for the six months ending 30 Jun

_2015-06-29
China Vanguard Group Limited announced that it has entered into agreement to acquire equity interest in Caimi (Beijing) Science and Technology Co., Lt

_2015-06-29
Mainland Chinese still prefer to seek first-hand information from someone they know over other third party sources when deciding where to travel on ho

_2015-06-29
Macau Secretary for Economy and Finance Lionel Leong says gaming revenue for June was probably around MOP16 billion to MOP16.5 billion ($2 billion- $2

_2015-06-29
Genting Singapore announced that its subsidiary, Palomino Sun (UK) Limited, which is engaged in gambling and betting activities, was placed under volu

_2015-06-29
Lippo Ltd, which is developing a resort in South Korea, recorded a sharp rise in profit attributable to shareholders of approximately HK$552.2 million

_2015-06-29
With the opening of Galaxy Entertainment’s Phase II development seemingly doing little to generate additional traffic in Macau, the focus has now shifted to the launch of Melco Crown Entertainment’s $3.2 billion Studio City property later this year.Most...

_2015-06-28
Universal Entertainment Corp announced that it will defend a lawsuit filed by an individual shareholder of the company claiming damages of nearly 421.

_2015-06-28
Melco Crown Entertainment announced the five finalists of the Dare to Dream, Zaha Hadid Design Competition, in which a Macau architecture student of w

_2015-06-28
REXLot Holdings Limited said it has reviewed a report containing various allegations against the company and found it to be unsubstantiated and untrue

_2015-06-25
With Macau gambling revenue falling for the 12th straight month in June and new multi-billion dollar casinos set to double capacity in the territory, it has become more important than ever for operators to find a way to stand out from the crowd -- but...

_2015-06-25
Russia’s latest decree on the online gambling market failed to provide the clear regulatory framework to legalize online sports betting that many in the industry had hoped for and left more questions than answers. Participants at the recent Russian...

_2015-06-18
Malaysia’s only casino operator, Genting, is now one and a half years into a huge RM5 billion ($1.3 billion) renovation project at its 50-year-old Resorts World Genting property, with construction works proceeding mostly to schedule. A recent AGBrief...

_2015-06-17
Potential investors say they remain upbeat about the prospects for Russia’s gaming zones, despite continuing regulatory uncertainty and the unpredictability of the government, which abruptly announced the shutdown of the Azov area earlier this year. Russian...

_2015-06-10
Singapore has made its position against online gambling clear, outlawing the practice through some of the most draconian legislation anywhere in the world. However, the law has left major grey areas, in particular when it comes to social gaming. The...

_2015-06-10
While much has been made of the potential of China’s exploding outbound tourism market and its ability to shape the future of the world tourism map, much less attention has been focused on neighbouring giant India. The nation of 1.2 billion people shares...

_2015-06-04
Nepali authorities are in the process of assessing damage to the country’s all important tourism sector after the deadly earthquake that hit the country on April 25, though casino operators say they are already back in business and expect any impact...

_2015-06-04
The government’s mid-term review of Macau’s six gaming operators is now well underway, assessing the strengths and weaknesses of the concessionaires and sub-concessionaires ahead of the expiry of current concessions.Against a backdrop of a year of...