Monday, June 27, 2022


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Investors dodge tax bullet, discuss development plans


Operators in Russia’s Far East have won a reprieve from a potentially punishing new tax regime and are now discussing further development plans with the government of the zone. In the interests of long-term investment, Primorye chose to leave taxes...

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Lionsgate theme park to open at Jeju Shinhwa


Hong Kong-listed Landing International Development has announced an agreement with LionsGate Entertainment to develop a theme park at Jeju Shinhwa Wor

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Primorye picks up development pace


The Russian gambling zone of Primorye, which has not been developing as fast as anticipated, is stepping up its efforts to attract more investors as part of an ambitious plan to almost treble visitor numbers by 2025. The company developing the zone is...

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Caesars keen on entering Japanese market


Caesars Entertainment, which has been looking to expand in Asia, says it is considering bids in the major Japanese markets as well as opportunities in

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Thua Thien Hue seeks to open casino


The provincial committee of Thua Thien-Hue is asking the government’s permission to increase the investment capital of the  Laguna Lang Co project

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LVS to continue scouting for IR opportunities


Casino operator Las Vegas Sands says it will continue to look for opportunities to invest and develop an integrated resort in Vietnam. Earlier this ye

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Melco-Hard Rock temporary casino to open mid-2017


The Melco-Hard Rock consortium may open the doors of its first Cyprus facility as early as mid-2017, local media reports. On Monday, the country’s M

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Belle Corp joins consortium to build new airport


Philippine casino investor Belle Corp has joined a consortium developing a new international airport and seaport at Sangley Point, Cavite, local media

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Chinese company to build resort in Primorye


A Chinese company, Chongqing Tianci Hot Springs, plans to build a resort in Primorye in Russia's Far East, according to regional authorities in a stat

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Star Entertainment gets official nod for Queen’s Wharf Brisbane


Australia-listed Star Entertainment has been formally granted a new casino license for its Queen’s Wharf Brisbane project. The casino license will

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Thai King passing could have implications for gaming


The passing of Thailand’s King Bhumibol Adulyadej on Thursday will have implications both near and long term for the gaming industry, said Union Gam

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Okada Manila planning a port for cruise liners


Tiger Resort Leisure and Entertainment Inc says it is planning to build a port on Manila Bay to accommodate large cruise liners that could boost the l

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Sands wants to invest 5-12 trillion won in Busan casino


Las Vegas Sands Corp. is willing to invest between 5 to 12 trillion won ($4.5 billion to $10.8 billion) in a casino resort in Busan if “investment c

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Barcelona entertainment complex to be scaled down


Barcelona entertainment complex previously known as BCN World, will be scaled down and feature fewer casinos and hotels than originally planned. Accor

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Sands looking to add 1,000 room tower in Singapore


Las Vegas Sands says it is looking to add another 1,000-1,200 rooms in a new tower at its Marina Bay Sands resort in Singapore, along with an entertai

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Further cost cutting will prove challenging: Deutsche Bank


Whilst Macau’s operators have employed cost mitigation and labor shifts, any further cost cutting will prove challenging given new supply and flatti

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SkyCity signs agreement with South Australian government


NZ-listed SkyCity Entertainment Group has signed an agreement with the South Australian Government for the start of early works as part of the expansi

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Grand Ho Tram signs MOU for second tower


The Grand Ho Tram Strip has announced it has signed a memorandum of understanding (MOU) with Cotec Construction Joint Stock Company to build a new hot

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Genting HK to develop Shenzhen port


Casino cruise ship operator, Genting Hong Kong has signed an agreement with China Merchants Shekou Holdings to develop an international cruise ship po

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