Archive

_2021-01-25
Lao authorities have placed the northwestern Bokeo Province’s Golden Triangle Special Economic Zone, a casino entertainment district that caters mainly to Chinese tourists, under a two-week lockdown after a Chinese worker tested positive for the Covid-19...

_2020-11-13
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.

_2020-08-24
The COVID-19 pandemic continues to take its toll on the bottom line in Asia's gaming industry, with a number of casinos signalling profit warnings for

_2020-08-06
Laos has reportedly detained and deported hundreds of Mainland Chinese who were heading for the country’s casinos, but entered illegally to avoid mandatory quarantine.

_2020-05-18
The government of Laos has lifted travel restrictions which will allow people to travel freely around the country, though entertainment venues includi

_2019-09-07
Over the last few years, Indochina has transitioned from being an alternative market to an industry hotbed for the casino gaming industry. Cambodia and Vietnam, in particular, have experienced galloping speeds of development, though Myanmar and Laos are...

_2019-06-25
Casino operators in Laos may be subject to a 50 percent levy on casino and casino games, should a new law on excise duties come into force in January

_2019-05-21
Macau-based casino operator Macau Legend is eyeing further expansion in Laos and is interested in projects in Cambodia and Vietnam as tourism traffic to Southeast Asia grows and transport infrastructure improves.

_2019-03-01
Despite regulatory uncertainty and a relatively high risk profile, land-based operators will be closely watching developments across the Indochina reg

_2019-02-08
Despite regulatory uncertainty and a relatively high risk profile, land-based operators will be closely watching developments across the Indochina region over the coming months.

_2018-05-31
Macau-based Macau Legend Development plans to enter Cambodia and wants to expand its property in Laos, local media reports.

_2017-02-15
Macau Legend has big plans for Laos after its $42 million purchase of Savan Vegas, but the Laos market remains volatile and somewhat hostile to foreign investment. Laos hit the headlines last year when the government put Savan Vegas out for bids having...

_2016-07-31
Casino operator Macau Legend Development Ltd says its acquisition of Savan Vegas in Laos will be further delayed until the end of the week, according

_2016-07-17
Sanum Investment Ltd. and Lao Holdings, N.V. filed an opposition to the motion to dismiss by San Marco Capital Partners, LLC and Kelly Gass on Friday.

_2016-06-29
HK-listed Macau Legend Development Ltd says it has postponed the despatch date of a circular in relation to the Savan Vegas Hotel and Entertainment Co

_2016-05-21
John Sario, a representative of Sanum Investments said the company was not consulted prior to the sale to Macau Legend, adding that the latest decisio

_2016-05-15
Casino services firm Macau Legend Development Limited has announced it has entered into a project development agreement with the Laos government to pu

_2016-05-11
Electronic gaming machine manufacturer RGB International Bhd said the tender to operate the Savan Vegas Hotel in Laos has been terminated. "The Board

_2016-05-07
Lao Holdings N.V., the parent company of Sanum Investments Limited, has filed three legal actions in the past week against the Lao Government, accordi