Cruise ship numbers and profits rise for Genting Hong Kong Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsPhilippines August 24, 2015 0Genting Hong Kong Limited, a gaming operator that runs casino cruise ships as well as a casino gaming developer in...
Bernstein report states that mass gambling can help Macau’s casino industry to recover Renee Kingsley Asian Casino NewsMacauPhilippinesSouth Korea August 22, 2015 0Macau’s casino industry has been in decline for the past 18 months with gambling revenue for Macau’s top six casinos...
Leisure and Resorts World Corp. reports increased first half net profit by 50% Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsPhilippines August 21, 2015 0Gaming company Leisure and Resorts World Corp (LRWC) reported an increased net profit by 50 percent to P454 million year-on-year...
PAGCOR approves new casino to replace historic Manila Army and Navy Club Renee Kingsley Gaming Law & LegislationCasino proposalsGaming Industry NewsLicensesAsian Casino NewsMacauPhilippines August 17, 2015 0The casino industry in the Philippines has been growing at a rapid pace as the ruling government wants to encourage...
Higher costs continue Bloomberry slide in second quarter Alex Lanter Latest Casino and Gambling NewsAsian Casino NewsPhilippines August 17, 2015 0Bloomberry Resorts Corp reported a net loss for the second quarter of 2015, just like it did for the first...
Beijing launches operation Chain Break to crack down on casino promoters Sam Mitchell Latest Casino and Gambling NewsChinaMacauPhilippinesSouth Korea August 12, 2015 0August 11, 2015—Berstein Research shows the Chinese government is cracking down on all junket operators, including agents trying to promote...
Stagnant gaming business means layoffs for City Of Dreams Manila Kim M Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceMacauPhilippines August 10, 2015 0After celebrating the “Grand Launch” of its new integrated casino resort in February of this year, the $1.3 billion City...
Echo Entertainment seeking to add an additional 1,000 Pokies to new Brisbane casino Renee Kingsley Casino proposalsAustraliaCasino NewsCasino openingsGaming Industry NewsCasino project updatesLicensesOceania Casino News August 4, 2015 0Echo Entertainment edged out James Packer’s Crown Resorts in July 2015 to win a huge contract that would allow the...
Kazuo Okada’s $2.2 billion financing plan moves Manila Bay Resorts towards completion D. Graham Latest Casino and Gambling NewsCasino project updatesHong KongLicensesAsian Casino NewsMergers, Acquisitions & PartnershipsPhilippines August 1, 2015 0Self-made Japanese billionaire Kazuo Okada has increased his investment assurance to $2 billion U.S. towards completing phase one of the...
Genting HK six month profit at least $2.1 billion Kim M Latest Casino and Gambling NewsHong KongAsian Casino NewsMalaysia July 20, 2015 0Despite weakness in the regional gaming industry, Genting Hong Kong announced on Friday that it expects a net profit of...
34 gambling establishments apply for South Korea casino licenses Renee Kingsley Casino proposalsCasino NewsGaming Industry NewsEconomy/FinanceLicensesAsian Casino NewsSouth Korea July 20, 2015 0The Asian gaming boom continues even as revenues shrink in flagship Macau. Seeing massive tax possibilities and tourism benefits, coupled...
Vingroup plans to construct mega casino resort in Hai Phong, Vietnam Renee Kingsley Casino proposalsCasino openingsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauVietnam July 14, 2015 0Vingroup, one of the largest real estate firms in Vietnam, recently announced that they planned to construct a mega-casino resort...
Rector wants PAGCOR to remit 3.9 billion pesos for PAGASA modernization Renee Kingsley Gaming Industry NewsTechnologyAsian Casino NewsRacketeeringPhilippines July 7, 2015 0The casino industry in the Philippines has grown considerably over the last 18 months and is expected to generate a...
Chan May-Lang Co Economic Zone vies for Vietnamese casino consideration Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsVietnam June 28, 2015 0According to an article in the Saigon Times, VnExpress has reported that Thua Thien-Hue Province last week asked the Prime Minister...
Okada’s Universal Entertainment sued for US$3.42 billion by shareholder Lars Jones Latest Casino and Gambling NewsWorld Casino NewsJapanBriberyFines, Lawsuits & LitigationPhilippines June 27, 2015 0According to a filing with the Japanese stock exchange as reported on Asian news outlet GGRAsia, Universal Entertainment Corp shareholder,...