While Macau has been the world's biggest gambling revenue generator for a decade, there is no such thing as status quo or a new normal there. Multi-billion dollar resorts are opening with as few as 100 gaming tables and the licenses of all six concessionaires are set to expire between 2020 and 2022 with no clear guidance from the government as to what will happen next. World Casino News covers Macau with nearly 700 articles on the mecca to date.
Follow this section to learn of breaking developments in Japan, as the final regulations will determine whether the island country will become the next Macau or simply another nation with gambling. Follow along as the titans battle it out for a position in the Land of the Rising Sun.
Vietnam has finally decided to let their citizens play at home and huge integrated resorts are being built there. Singapore and Malaysia are home to massive casino complexes and countries such as Thailand, Cambodia, and the Asian areas of Russia generate casino news on a regular basis. Follow it all on World Casino News.
Osaka IR KK, the entity behind the first integrated resort in Japan planned to be built in the metropolis of Osaka, secured a loan from several banks. The loan of JPY530 billion (US$3.42 billion) was agreed upo...
Macau's Financial Services Bureau released the results for the first quarter of 2024 on Monday, April 22, 2024, and the city earned 116.8% more on taxes than in the same period last year.
Increased revenue:
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The Philippine Amusement and Gaming Corporation (PAGCOR) got a new President and Chief Operating Officer, Wilma Eisma. Not only is she the new president, but Eisma is the first female president of the corporati...
Tiger Resort Leisure and Entertainment Inc, the Okada Manila casino resort operator, reportedly revealed the resort's financial result for the first quarter of 2024. According to the operator's filings made on ...
It was recently revealed that Newport World Resorts managed to reach the newest yearly high in terms of gross gaming income collected for the previous year, surpassing PHP34.2bln, which is roughly $600.38m. Add...
From August 1, 2024, a new gaming credit law will come into effect in Macau. After the proposal was submitted, the city’s Legislative Assembly approved it on April 12, 2024. The proposal received a unanimous “y...
A gaming development study, commissioned by a special Committee of the Thailand's House of Representatives to assess land-based casino development opportunities in the country, recently cleared the House and is...
Accused persons currently getting criminal legal assistance aren't permitted to set foot in Singapore’s jackpot rooms or casinos, nor to gain access to their Singapore Pools wagering accounts as long as they ha...
Evaluating the lengthy prospects of the gaming industry in Macau, Citigroup, a brokerage company based in New York, emphasizes the notable effect of the extensive acceptance of smart gaming tables on its expans...
NagaCorp Ltd., the biggest leisure, gaming and hotel operator based in Cambodia, has announced excellent results in terms of gross gaming revenue for the first quarter of this current year. Profit grew by 23.7%...
The newest season of WPT® Korea was "bigger and better" compared to previous seasons, which means that its total of twenty-eight events managed to collect a combined prize pools of KRW7.63 bln, which is approxi...
Kangwon Land Inc., the company behind Kangwon Land Casino, the single resort venue in South Korea where local citizens can enter and gamble, has officially revealed a fresh phase, a new expansion and renovation...
It was recently reported that Summit Ascent Holdings Ltd., a subsidiary of LET Group Holdings Ltd., commented that it projects to reveal a the net loss for the entire last year, in comparison to income of HKD11...
Macau’s concessionaire Melco Resorts & Entertainment’s parent company, Melco International Development Ltd, reportedly lost HK$1,74 billion (US$222 million) in 2023. The loss is attributable to the owners.
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The Philippines’ mayor will be investigated due to alleged connection to Philippine Offshore Gaming Operators (POGO), located in the mayor's municipality. The POGOs were recently raided, which further increased...