Asian Casino News

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.

South Korea’s INSPIRE IR Celebrates Grand Opening With High Hopes of Becoming a Must-Visit Destination for Inbound Tourists

After the soft opening of the 1st phase of the complex on November 30, the grand opening of Mohegan INSPIRE Entertainment Resort was held on March 5th, marking the realization of the 1st phase of a total of 4 p...

Vietnam Lawmakers Prescribe Tender Process for International Football Betting Operators

International football betting operators looking to enter the legal Vietnamese wagering market will have to take part in a tender process called by the Government, according to the recently issued governmental ...

Bloomberry to Open Solaire Resort North in May 2024, Unveils FY 2023 Results to Report $170m in Net Income

Following the $1 billion development, the Solaire Resort North integrated resort will open its doors to visitors by the end of May 2024. Run by the leading Philippine resort operator Bloomberry Resorts Corporat...

Macau GGR Reaches MOP$18.5 Billion In February Thanks To Chinese New Year Golden Week

Fueled by Lunar New Year's Golden Week, gross gaming revenue in Macau during February this year reached MOP$18.5 billion, which is roughly US$2.3 billion. Increased gaming income: Macau managed to record ...

Bloomberry Resorts Corp Reportedly Again Eyeing Sale of its South Korean Jeju Sun Hotel & Casino

Bloomberry Resorts Corp, one of the biggest integrated resort operators in the Philippines, allegedly will try to sell Jeju Sun, its South Korean property. Failed acquisition: This is the second attempt t...

Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

Resort World Genting Closes Circus Palace and Hollywood Casinos from February 28 Until Further Notice

The Malaysian sole entertainment and casino property Resorts World Genting announced that its Circus Palace and Hollywood casinos will be closed from February 28 onwards. As reported, the company gave no furthe...

Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok

The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the ...

Macau Proposes Illegal Gambling Law Revision to Extend Prison Sentences and Pecuniary Fines

Macau SAR Legislative Assembly is considering a revision of the legislation related to illegal gambling activities in the city. The proposal reportedly includes a range of higher pecuniary penalties for offende...

PAGCOR Releases Statement Denying Misinformation About Plans For Privatization

The Philippine Amusement and Gaming Corp. (PAGCOR) has officially published a statement combating misinformation regarding its plans for privatization. The impact of misinformation: In the aforementioned ...

MGM China’s Adjusted Property EBITDAR Reaches All-Time High For 4Q23 And FY23

For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of income collected, as it officially revealed all-time highs for 4Q23 and entire year Adjusted Property EBITDAR...

Record-Breaking Daily Visits To Macau Exceed 200,000 to Improve Casino Stocks by up to 10%

Macau gambling industry experiences a rapid growth these days thanks to the Lunar New Year celebrations bringing in an increased number of tourists from Mainland China and Hong Kong. The city officials have rep...