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Macau Gets New Leader
Fernando Chui will officially take over the running of Macau from Edmund Ho on December 20. Since he was the only candidate, it was no surprise when he was elected with 94% of the vote of the 300-member Electio...
Harrah’s Believes Online Gaming Could Be Beneficial
There was a time when American casinos supported the concept of internet gambling. Internet gambling sites actually improved business for casinos. Poker players would begin with an online experience and event...
First Time Slowdown in Macau Affects Las Vegas Casinos
After surpassing Las Vegas revenues last year, Macau has reported a loss in gaming revenues for the first time. September revenues were reported to be down 3% over the same month last year. With most of the big...
Aruze Opening Casino In Philippines
Aruze has long been a player in the gambling industry but mainly behind the scenes before now. The Japanese manufacturer of gaming machines also owns almost a quarter of the shares of Wynn Resorts and now h...
Paradise Entertainment And SJM To Build Largest E-casino
Paradise Entertainment Limited and its subsidiary LT Macau Limited have entered into an agreement with Sociedade De Jogos De Macau, S.A (SJM) to operate a casino venue at San Kin Yip Commercial Centre, which wi...
Texas Hold’em makes it to Macau
Texas Hold'em is a type of poker that is sweeping the world. While increasingly popular and playable in places such as Europe and the United States it has recently begun play in Macau, giving it a much grander ...
Stanley Ho Finally Gets IPO
Macau gambling giant, Stanley Ho, finally was able to offer his IPO on July 16 after the seemingly endless delays caused by the roughly 40 motions filed by his sister, Winnie, over the past few months. His flag...
Macau Acts to Help Its Casinos
Macau has made a move to help its industry continue to draw in VIP players. Government officials have agreed to put a ceiling on the commissions paid to promoters. Recently a new generation of promoters have be...
Edmund Ho Announces: No New Licenses in Macau
At least three gambling companies were happy to hear the news as their stock market shares rose after the announcement. Las Vegas Sands, MGM Mirage and Wynn Resorts watched their share prices climb from 3.4 to ...
Weak U.S. Economy affects Casino Bottom Lines
Gambling Industry Feels Pinch of Weak US Economy
April wasn't kind to the US gambling industry this year. As the American economy continues to worsen, it is having an impact on all aspects of the entertainmen...
Taiwan opens up Gaming Industry
Ma Ying-jeou Pledges to Open Up Gambling Business
It has been announced on (CENS) that the President-elect Ma Ying-Jeou of Taiwan has announced on April 9, that they are pushing for the opening of a gambling...
Las Vegas Sands CEO Makes Bold Move
Sheldon Adelson is attempting to reverse the methods that have typically served the gambling industry when opening new markets. Traditionally, gaming businesses have promised various incentives to new communiti...
Asia Casino news August 2007
Please note this article covers news to the 8th August and for daily updates go to Scarab Asia News page Contact Steve Hand: [email protected]
From the end of the month of August Asian casino news ...
The Rise of Macau
Macau - the only place in China with legalized casino gambling. Last week, officials in Las Vegas said Macau edged out the Las Vegas Strip in revenue in 2006, raking in US$6.95 billion. The Las Vegas Strip’s US...
Holy Macau
Besides historical Chinese and Portuguese world-heritage relics, Macau main attraction is gambling and her casinos. To hundreds and thousands of Asian casino devotees, Macau is really Asia's own Las Vegas. Here...