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LVS to dominate in Asia for the next five years

2019-10-31

Las Vegas Sands and its Sands China unit are likely to dominate the market in Singapore and Macau for the next five years, according to a report from Bernstein.

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SkyCity targets Friday opening after fire

2019-10-24

The fire in the roof of SkyCity’s partially built new international convention centre in downtown Auckland is still burning but firefighters say it will likely burn itself out.

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Sands eyes $5b in Asia development projects

2019-10-24

Las Vegas Sands has $5 billion in development projects in the pipeline in Asia over the next few years, Chairman and CEO Sheldon Adelson said.

Galaxy pitches for Osaka Yumeshima IR

2019-10-23

Galaxy Entertainment held a press event in Osaka on Wednesday to make their local pitch, providing competition for MGM Resorts. 

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Melco, MGM seen gaining market share: Bernstein

2019-10-15

Melco Resorts & Entertainment and MGM Resorts are likely to have gained market share in Q3 as new properties ramp up, while Wynn Resorts and Galaxy Entertainment may have slipped due to their greater reliance on VIP, Bernstein analysts say.

Entry levy hike deters locals

2019-10-04

The hike in the casino entrance fee for local Singaporeans is further deterring already declining visitation to the island state’s two integrated resorts by residents, analysts said.

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Genting to raise $3.2b in yen-denominated bonds

2019-10-02

Genting Singapore said it will issue yen-denominated bonds in Japan, even as it continues to maintain public silence about its IR campaign in the country.

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Locals gaming underwhelms

2019-09-27

Vietnam’s hotly anticipated locals gaming program has got off to a slow start, with remote locations and red tape cited as key factors in deterring visitation.

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NagaCorp expected to outperform peers: MS

2019-09-23

NagaCorp has outperformed properties in Asia and moving forward its outlook is better than that for Macau, Singapore and the Philippines, according to Morgan Stanley Asia. 

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Sihanoukville property profiles

2019-09-20

Asia Gaming Brief’s Mekong Gaming Summit wrapped up with a tour of some of the casino properties in the southern coastal town of Sihanoukville.

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Melco announces “Yokohama First” policy

2019-09-18

Melco Resorts & Entertainment announced on Wednesday that it would focus its IR campaign on Yokohama and that it was suspending its participation in bidding for the Osaka Yumeshima location.

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Operators urged to encourage variety

2019-09-11

Asian operators need to free up space on the casino floor to experiment with new products to encourage a greater variety of gaming machines, industry experts say.

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CDC approves two Sihanoukville hotel projects

2019-09-09

The Council for the Development of Cambodia has approved two new hotel projects in Sihanoukville worth $379 million, according to local media reports.

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Crown probes to focus on probity, though major hurdles unlikely

2019-09-06

Australian regulators are likely to focus on probity issues in their investigations into Crown Resorts’ operations, although experts don’t expect any major red flags to be raised.

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Hoiana golf course soft opening Sept. 23

2019-09-04

Asia casinos, Asia gambling, integrated resorts, golf course, soft opening, beach-front resort, facilities

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Imperial Pacific faces $375,000 fine for late fee payment

2019-09-03

Imperial Pacific International (IPI) may be facing a fine of $375,000 for late payment of its casino license renewal fee, according to local media reports. 

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Yokohama mayor cites “sense of crisis” for IR development

2019-09-03

After two-and-a-half years of repeating that she was a “blank slate” on IR development, Yokohama Mayor Fumiko Hayashi’s now says she feels “a sense of crisis” that the city’s IR bid must go forward. 

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Vietnam MoF proposes easing casino investment rules

2019-09-02

Vietnam’s Ministry of Finance (MoF) has proposed easing minimum investment regulations for building integrated resorts to attract more investment, local media reports. 

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Landing swings to H1 loss on drop in gaming business

2019-08-30

Landing International Development swung to a loss in the first half due to an 80 percent drop in gaming revenue.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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