Archive

_2020-07-31
Las Vegas Sands Chairman and Chief Executive Officer Sheldon Adelson chose his words carefully back in May when he announced that his firm, considered by many observers to be the frontrunner among major IR operators, had pulled out of the Japan race....

_2020-07-31
In recent years two companies, Donaco International and Silver Heritage, listed on the Australian Securities Exchange with the high ambition to crack the Asian casino market. However, as the new decade begins, both of these firms face deep crises. To...

_2020-07-31
Since it was created more than a decade ago, bitcoin has found itself caught in the unenviable nexus between exciting innovation on the one hand, and controversial disruptor on the other.

_2020-07-31
The US Equal Employment Opportunity Commission is suing Imperial Pacific International for allegedly subjecting some female VIP service hosts to physi

_2020-07-31
A Thursday release to the Hong Kong Stock Exchange confirms that Get Nice Holdings is moving forward with its IR bid in Japan, which now focuses on th

_2020-07-31
MGM Resorts International has reported a combined US$1 billion for the quarter ending on June 30 on the back of a 91 percent fall in net revenues.

_2020-07-30
The Asian Racing Federation has added two top law enforcement officials to its Anti-illegal Betting Taskforce to strengthen its efforts to protect global racing integrity.

_2020-07-30
Belle Corp posted a 52 percent drop in first half revenue as its share of gaming revenue from City of Dreams Manila plunged 87 percent.

_2020-07-30
Casinos in Sihanoukville have presented a request to reopen their doors following the lifting of Covid-19 lockdown restrictions, The Phnom Penh Post reports.

_2020-07-30
Spokesperson

_2020-07-30
MGM International has announced that William Hornbuckle has become the firm’s new president and CEO, effective immediately. He had previously bee

_2020-07-30
The 109 hotels and guesthouses that were open for business in June collectively recorded a 77.6 percent year-on-year fall in occupancy, according to n

_2020-07-30
Yokohama Mayor Fumiko Hayashi has acknowledged that her city’s implementation policies, originally scheduled for publication in June, must wait unti

_2020-07-29
Gross gambling revenue was down 61.4 percent on the Las Vegas Strip in June after casinos reopened following the Covid-19 shutdowns.

_2020-07-29
The latest border easings between China and Macau are a positive step but will have limited impact on gross gambling revenue, analysts said.

_2020-07-29
Donaco International said it expects Cambodian authorities to allow its Star Vegas casino in Poipet to reopen in the next few weeks, although visitor numbers will remain low due to the closure of the border with Thailand.

_2020-07-29
The creation of a travel bubble between Malaysia and Singapore is seen as a significant catalyst for the island’s two IRs, although severe capacity restrictions will create headwinds, according to Bernstein analysts.

_2020-07-29
The New South Wales Independent Liquor and Gaming Authority public hearings into the practices of Crown Resorts resumed on Monday having been suspende

_2020-07-29
Pacific Rim Land Development, one of the companies suing Imperial Pacific International over nonpayment for services, was able to execute a court-orde

_2020-07-29
Malta-based Wazdan has launched a new online slot title Infinity Hero, based on a comic book style hero. It is a five-reel, twenty-paylines slot th

_2020-07-24
Casinos and clubs are reopening their doors to the public and so far, for most businesses, the comeback has been far more difficult than anticipated. The situation is analogous to learning to walk again after a horrific automobile accident. 

_2020-07-17
In March this year following the outbreak of Covid-19 and the declaration by the World Health Organization of a pandemic, Australia’s land-based cas

_2020-07-17
Whilst operators have rejoiced over stronger-than-expected gaming demand over the last month since reopening, second-wave outbreaks, and upcoming fisc

_2020-07-10
A growing number of online operators are targeting Japan, attracted by the potential of converting some of the $38 billion in annual pachinko revenue to their sites, though cracking the market takes patience, meticulous attention to detail and full immersion...

_2020-07-10
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_2020-07-03
“As soon as we catch up on our cash flow, we will also catch up on payroll,” a spokesperson for the casino resort in the Commonwealth of the Northern Mariana Islands told reporters.

_2020-07-03
Genting Group, one of the world’s largest casino companies, has been investing in expansion of its online business in Europe at a time when more land-based operators are eyeing adding a digital strategy to cushion the impact from Covid-19.