Wednesday, June 29, 2022

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Shinzo Abe: IRs to assist post-Covid tourism recovery

2020-06-09

In the House of Representatives Budget Committee, Prime Minister Shinzo Abe effectively reasserted his government’s intention to move forward with I

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Chongqing resumes IVS visa processing

2020-06-04

Chongqing has resumed the processing of the Individual Visit Scheme (IVS) and group tour travel visas to Macau and Hong Kong, according to an announce

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Las Vegas CEO offers free flights with “Keep America Flying” promotion

2020-05-28

As Las Vegas begins to welcome back visitors to the city, one CEO has thought of a way to spur tourism by offering 1,000 free domestic flights to the

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Trans-Tasman travel bubble is advancing

2020-05-28

A working group of business and government leaders from Australia and New Zealand are fortifying plans to create a trans-Tasman travel bubble, which w

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Tourism, racing businesses announce job cuts

2020-05-27

Major hotel chain Millennium and Copthorne Hotels is shedding 70 percent of its 1,300 staff as it expects two years before tourist numbers recover suf

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Macau sees stark 99.7 percent drop in visitor arrivals in April

2020-05-22

The Statistics and Census Bureau (DSEC) announced on Thursday that April witnessed a stark 99.7 percent drop in visitor arrivals to Macau as a result

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Macau Tourism Development Committee convenes meeting

2020-05-19

Macau’s Tourism Development Committee (CDT) convened its first Plenary Meeting of 2020 on Tuesday, Secretary for Social Affairs and Culture Ao Ieong

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Sands’ withdrawal a vote of “no confidence” in Japanese policymakers

2020-05-15

In an earnings conference call in April 2019, Las Vegas Sands President and Chief Operating Officer Robert Goldstein declared, “Our commitment to Japan is immense. It will be lots and lots of rooms—many, many rooms. There will be lots of retail. There...

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New Zealand tourism gets spending boost

2020-05-15

The tourism sector is to receive a NZ$400 million boost in government funding from a NZ$50 billion (US$31 billion) five year recovery package unveiled

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Hainan liberalization no threat to Macau for now

2018-04-15

China’s plans to allow the development of horse racing and to expand sports betting on the southern island of Hainan will not include casinos and th

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Duterte met with Galaxy on Boracay project in Dec: reports

2018-04-09

President Rodrigo Duterte, who earlier this week denied knowledge of plans for a casino on Boracay, in December met with officials from Galaxy Enterta

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Junkets eye Cambodia’s VIP potential

2018-04-04

Macau’s junket operators are increasingly focused on Cambodia, drawn in by growing business ties with China and its location between countries that don’t allow locals to gamble. SunCity Group, Macau’s largest junket, on March 1 launched its first...

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Galaxy plans low-rise, eco-friendly resort for Boracay

2018-03-20

  Galaxy Entertainment Group said it plans to build a low-rise, eco-friendly resort on Boracay, which will be its first project outside of Macau. The

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Solaire in the spotlight: expansion and opportunities - Interview with Thomas Arasi

2018-01-24

Solaire Resort & Casino, owned by Bloomberry Resorts, was the first IR to open its doors in Entertainment City. The $1.2 billion property, on an 8.2 hectare site, made its debut in March 2013 and expanded with the opening of the Sky Tower in late 2014....

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Tiger Palace nears opening as Nepal’s casino sector stirs

2017-11-29

Nepal’s casino sector appears finally to be poised for expansion, with new properties opening and foreign investors entering the market, drawn by the lure of untapped demand in neighboring India and increased business traffic. The industry is one of...

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Naga plans to curl around China

2017-11-08

NagaCorp doubled the footprint of its Cambodian casino with the opening of the Naga 2 complex earlier this month, but the Hong Kong-listed operator is not content to stop there, with its founder outlining a vision to become a global hospitality group. The...

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Results improve as cost cutting, debt control kicks in

2017-08-30

Singapore’s two gaming operators reported an improvement in Q2 results, helped by cost controls, lower bad debts and higher premium play, though analysts see few catalysts for significant expansion of the market. In 2007, Singapore granted Las Vegas...

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Can Manila steal Macau’s Las Vegas dream?

2017-08-30

Filipinos’ well known love for entertainment means the country’s casinos may see significant upside from their non-gaming attractions if they get the mix right, giving Macau a run for its money when it comes to creating a diversified entertainment...

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Forest-themed mass floor opens as revamp plan rolls on

2017-08-22

Genting Malaysia continues to roll out new facilities under a MYR10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year....

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