Archive

_2020-08-18
China’s clampdown on online gaming to stop capital outflows is having a negative impact on liquidity in Macau’s VIP sector, Reuters reports.

_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.

_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.

_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.

_2019-10-23
Galaxy Entertainment held a press event in Osaka on Wednesday to make their local pitch, providing competition for MGM Resorts. 

_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.

_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.

_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.

_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.

_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. 

_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.

_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.

_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.

_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.

_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.

_2019-09-04
Asia casinos, Asia gambling, integrated resorts, golf course, soft opening, beach-front resort, facilities

_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. 

_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. 

_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.