Wynn Macau 4Q profits down by 27%, revenue up by two thirds Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceMacauFinancial Press Releases January 27, 2017 0Wynn Macau Limited, the Asian arm of Wynn Resorts Ltd, saw a 26.6% decline in year-on-year profits for the fourth...
Sales rising daily at Okada Manila: Universal Entertainment Corp Kim M Latest Casino and Gambling NewsEconomy/FinancePhilippines January 26, 2017 0In a recent filing with JASDAQ Securities Exchange, Universal Entertainment Corp (6425:Tokyo) said sales at the Okada Manila casino resort...
Vietnamese legislation could spell “death knell” for Cambodian border casinos Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCambodiaEconomy/Finance January 25, 2017 0Last week’s decision by Vietnam to partially lift its long-standing ban on locals gambling at casinos in the Asian nation...
PCSO launches expanded Small Town Lottery in Philippines Kim M Latest Casino and Gambling NewsGaming Law & LegislationLotteryPhilippines January 25, 2017 0In an effort to eradicate illegal gambling in the Philippines, on Tuesday, the Philippine Charity Sweepstakes Office (PCSO) officially launched...
South Korean group arrested for running illegal Thai online gambling operation Adam Morgan Latest Casino and Gambling NewsIllegal BookmakingOnline Gambling NewsThailand January 24, 2017 0In Thailand, police reportedly arrested four South Korean men over the weekend for operating an alleged illegal online sportsbetting operation...
Jack Lam alleged to owe almost $279 million to Philippines government Adam Morgan Latest Casino and Gambling NewsUnlicensed OperationOnline Gambling NewsPhilippines January 24, 2017 0In the Philippines, the Philippines Amusement And Gaming Corporation regulator has reportedly disclosed that controversial Chinese businessman Jack Lam owes...
Macau accelerates locals-first casino hiring deadline Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationEmployment & CareersMacau January 24, 2017 0In Macau, the government has reportedly pushed forward by almost three years the deadline to its requirement that at least...
Myanmar shadow-state reportedly loses casino patrons from China Lars Jones Latest Casino and Gambling NewsChinaEconomy/FinanceMyanmar January 22, 2017 0The remote Wa State in Myanmar, which shares 82 miles (133 km) of frontier with China, once offered Chinese VIPs...
First Asia Poker Tournament of 2017 won by Takumi Samejima Kim M Latest Casino and Gambling NewsPoker TournamentsPhilippines January 22, 2017 0The New Year’s first Asia Poker Tour (APT) tournament saw Japan’s Takumi Samejima (pictured) bring home US$38,020 after winning the...
Success Universe Group Limited warns of three-fold annual deficit Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau January 21, 2017 0Sports lottery and land-based casino operator Success Universe Group Limited has issued a profit warning to investors advising that its...
Government confirms local gambling for Vietnamese in published decree Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceLicensesVietnam January 20, 2017 0The Vietnam government published a long-awaited decree today (Friday 1-20-2017) confirming a three-year pilot program and setting out rules for...
Las Vegas Sands Corporation agrees to $6.96 million federal fine Adam Morgan Latest Casino and Gambling NewsU.S.A.Casino NewsAsian Casino NewsFines, Lawsuits & Litigation January 20, 2017 0American casino giant Las Vegas Sands Corporation has reportedly agreed to pay a criminal penalty of $6.96 million in order...
Genting Group book-building exercise meets with success Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMalaysia January 20, 2017 0An effort by Malaysian casino giant Genting Group to raise some $1 billion in cash has reportedly met with success...
MGM Cotai opening delayed for a third time Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau January 19, 2017 0In Macau, the opening date for the giant MGM Cotai has reportedly been pushed back for a third time with...
Philippines begins deporting Jack Lam workers Adam Morgan Latest Casino and Gambling NewsUnlicensed OperationOnline Gambling NewsPhilippines January 19, 2017 0In the Philippines, authorities have reportedly begun deporting more than 1,000 Chinese nationals that were allegedly found to have been...