Archive

_2018-03-31
The ruling coalition Liberal Democratic Party and Komeito party agreed on Friday on a flat 30 percent tax rate and to a limitation setting the casino

_2018-03-28
Melco International Development said its EBITDA for 2017 soared 80 percent after benefiting from full control of its Melco Resorts & Entertainment uni

_2018-03-28
Intralot, a global gaming solutions company, says 2017 revenue rose 11.4 percent, driven by sports betting. Revenue came in at EUR1.10 billion ($1.35

_2018-03-28
Goa’s floating casinos will get an extension of a further six months before they are forced to move from their current location in the Mandovi River

_2018-03-28
The Cambodian province of Siem Reap and the special administrative region of Macau have reached a memorandum of understanding (MoU) to build a sister

_2018-03-28
Imperial Pacific International saw strong growth in VIP revenue in 2017, but increased expenses and impairments pushed the operator to post a 31.9 per

_2018-03-28
Success Universe, operator of casino Ponte 16, reported a slight increase in revenue for the full year 2017, but said its casino business was impacted

_2018-03-28
Australia-listed Star Entertainment Group has announced it has expanded its strategic partners and will be raising A$490 million (US$375.2 million) fr

_2018-03-28
Singapore’s Casino Regulatory Authority has promoted Deputy Chairman Tan Tee How to chairman, taking over from Lee Tzu Yang from April 2. “I would

_2018-03-27
The Federation of Consumer Goods Industries & Consumer Associations, known as “Seidanren” in Japanese, issued a statement on Monday opposing the l

_2018-03-27
The Secretary for the Department of Environment and Natural Resources has expressed concern that a plan to build a $500 million casino resort on the P

_2018-03-27
Century Casinos, which operates casinos mostly in Canada and the U.S., is likely to announce a project in Asia in coming months, according to Roth Cap

_2018-03-27
Kangwon Land, the country’s only locals-permitted casino, failed to satisfy customers according to a survey commissioned by the Ministry of Strategy

_2018-03-27
PokerStar’s foray into India is set to officially take place on April 17, 2018, as per an update located on the pokerstars.in website. PokerStars In

_2018-03-27
Casino operator Macau Legend Development posted a widened loss of HK$507.3 million (US$64.6 million) for the year ended December 31, 2017, according t

_2018-03-27
Offshore and onshore casinos in Goa will be required to pay between 2.5 to 4.5 times more in licensing fees starting next month following new rules fr

_2018-03-27
Technology is advancing at a breakneck pace, opening a world of opportunities, though when it comes to game design and convergence between the land-based and online sectors, customer preferences in Asia are slow to change. This was a key takeaway from...

_2018-03-26
The 13 Holdings says it expects net proceeds of HK292.6 million from the sale of its construction unit to help fund the completion of the ultra-luxury

_2018-03-26
Macau GGR is estimated to reach approximately MOP 25 billion (US$3.1 billion) for the month of March, representing an increase of 17 to 19 percent yea

_2018-03-21
China’s VIPs are once again driving gross gambling revenue across the region, with the Philippines tipped as being one of the best-placed jurisdictions to take a slice of the high-roller pie.

_2018-03-21
With competition for customers in jurisdictions such as Macau intensifying, casino operators are realizing the vital role played by their employees in customer retention, but the strategies being used to foster employee engagement, such as higher salaries,...

_2018-03-13
In the words of Las Vegas Sands Chief Operating Officer Rob Goldstein, “Singapore is a wonderful success story, but at this point it's just a very large producer of EBITDA without growth prospects in the near future.” Although management did a sterling...

_2018-03-13
The question of technology’s role on the casino floor has always been a divisive one.

_2018-03-07
Gambling is one of mankind’s oldest pursuits.  It has been a pastime and a pleasure for as long as we have records of human civilisation.  Ancient Egypt, Rome and China wrestled with the problem of its destructive fringes, regulating and legislating...

_2018-03-07
Managing and optimizing the yield on the casino floor is essentially the science of maximizing revenue from players by offering them the right product at the right time, whilst keeping operating costs to a minimum.