Archive

_2017-05-31
Gross gambling revenue for May in Macau jumped 23.7 percent, far exceeding analysts’ expectations, most likely due to continued strength in the VIP

_2017-05-31
Russia's major casino - Tigre de Cristal - in the Primorye gambling zone receives 95 percent of its revenues from foreign tourists, Primorye Vice Gove

_2017-05-31
Japan’s government plans to strictly screen casino operators through licensing and those who win a permit will be required to renew them periodicall

_2017-05-31
Imperial Pacific has been given the go-ahead to open its casino on Saipan provided it meets certain conditions, primarily related to health and safety

_2017-05-31
Rexlot Holdings says its shareholder Keen Start has received tenders for 75.01 percent of its 2016 bonds and 75.05 percent of its 2019 bonds under a t

_2017-05-31
Ganapati Malta has been awarded a Class 4 licence by the Malta Gaming Authority (MGA), which will allow it to offer its Japanese-themed slots to Malta

_2017-05-31
Neptune Group, an investor in junkets in Macau, has asked for its shares to be suspended from trading on the Hong Kong Stock Exchange from June 1st. I

_2017-05-31
GVC Holdings has signed a multi-year content deal with Pariplay Ltd, the iGaming and iLottery technology company, to expand its casino and gaming prod

_2017-05-31
British businessman Raj Kundra and his Bollywood star wife Shilpa Shetty Kundra have partnered with the International Federation of Poker (IFP) to lau

_2017-05-31
Wynn Macau has granted 1,208,000 share options to four of its non-executive directors at an exercise price of $17.64 ($2.26). In a filing with the Hon

_2017-05-31
North Korea is seeking foreign investment to fund a $20 million casino cruise ship aimed at boosting tourism in the region. But international sanctions and cultural differences mean the initiative may never set sail. When considering vacation options,...

_2017-05-31
Kazuyoshi Nagashima, a former mayor of a small city and one-term House of Representatives lawmaker, is at present the only openly declared candidate for the July 30 election to become Mayor of Yokohama. His main campaign slogan is a succinct two words:...

_2017-05-30
Vietnam’s Ministry of Finance has been given the authority to grant casino and gaming service licenses in the country, under a newly-issued circular

_2017-05-30
LiNiu Technology Group, formerly known as Iao Kun Group Holding Company Ltd., reported a narrowed net loss of $0.4 million for the first quarter of 20

_2017-05-30
Social betting operator TopBetta has partnered with digital marketing platform provider OtherLevels in a bid to boost engagement with its customers. T

_2017-05-30
Genting chairman and CEO Lim Kok Thay has filed an affidavit against two of his nephews, Joey Lim Keong Yew and Benjamin Lim Keong Hoe, disputing thei

_2017-05-30
The now defunct Tinian Dynasty Hotel & Casino has been ordered to pay a $191,400 civil penalty to the U.S. Department of Labor secretary “for willfu

_2017-05-30
Andy Choy, property president of Altira Macau and Mocha Clubs plans to revamp the food and beverage offerings at the property and will be re-positioni

_2017-05-30
India’s largest casino operator, Delta Corp Limited reported profits of Rs. 740 million (US$11.5 million) for the 2016-2017 financial year, represen

_2017-05-30
Delegates from the Thailand Government Lottery Office visited the offices of the the Philippine Charity Sweepstakes Office (PCSO) earlier this month t

_2017-05-24
Asia’s casinos may face growing pressure from their banks as efforts to combat global money laundering increase, adding another level of scrutiny, compliance experts say. Operators in the major gaming jurisdictions in the region are already facing...

_2017-05-24
The UK’s gambling regulator has turned up the heat on casinos where money laundering is concerned, requiring rigorous background checks on wealthy international clients, including those from Mainland China, which is having an a detrimental effect on...

_2017-05-17
While the Macau market still has plenty more to give, operators are starting to look elsewhere for future growth potential 

_2017-05-17
Cambodia’s long-awaited gambling legislation is likely to be published mid-year and could herald the start of a dramatic shake out of the country’s 65 casinos. Higher tax rates and investment levels may trigger consolidation. 

_2017-05-10
Excitement over the prospects for IR development in Japan was palpable at the just-concluded Japan Gaming Congress. Held at a major hotel in central Tokyo, it drew in a capacity crowd of 450 people, mixing international operators with local Japanese businesses...

_2017-05-10
The horse-racing circuit in India is on its summer break, but off track the industry is lobbying hard to mitigate the effects of a proposed Goods and Services Tax, which officials say may be the death knell for some of the country’s clubs. A council...

_2017-05-03
The Japanese language includes the idiomatic expression “ondosa,” which literally means “a difference in temperatures.” However, it often appears in newspapers to represent a situation in which various parties don’t quite see eye-to-eye—that...

_2017-05-03
Horse racing authorities are intent on closing the net on exchange CITIbet, but leading officials in the sport admit “there is no silver bullet” and say they will need government and law enforcement assistance.