South Korea, which attracted significant interest when it first opened for foreign investors, is now seen as holding limited appeal unless the government agrees to relax its stance on local gaming.
Officials in the Primorye gambling zone have been on a public relations blitz in recent months, highlighting how projects are now pushing ahead and stressing there is no change in the long-term plans for 12 casino complexes.
Aquis Entertainment says it plans to restart talks with the government over future development plans for Casino Canberra, which were paused last year due to the Covid crisis. In 2018, the government permitted the casino to allow 200 electronic gaming...
China’s ongoing crackdown on casinos and junkets targeting its nationals may have long-term implications for the industry in Asia and force changes in the business models of many of the region’s integrated resorts.
Macau law firm MdME Lawyers has created a digital transformation team to help its clients, including integrated resorts, adapt to new technology. The team will be led by recently appointed Victoria White, a former executive at Marina Bay Sands and Sands...
As Japan sinks into a deeper crisis over the Covid-19 pandemic, it would be natural that it might be overlooked. Indeed, the sensitivity of Japanese policymakers to overseas developments is often tenuous at best. But for the future of Japanese IRs generally—and...
Suncity Group Holdings says its Suntrust Home Developers unit has raised a total of PHP12.9 billion ($268.6 million) through the issue of convertible bonds to finance the development of an integrated resort in Manila.
Mohegan Gaming said its Project Inspire in South Korea is scheduled to open in early 2023 and it expects to close financing in early 2021.
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