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.
Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that the significant decline in revenue is directly linked to the drop in Macau’s VIP clien...
Lui Che-woo, Galaxy Entertainment Group’s chairman, is hopeful that Galaxy phase II will turn around to perform better in the latter part of 2015. Galaxy Macau phase II has not quite met expectations, but Lui f...
Chairman, Thienchay Kiranandana of Thailand’s National Reform Council (NRC) has stated that the NRC has no plans to consider a proposal to legalize casinos in the country. He added that the plan has not been pr...
When Beijing launched its anti corruption crackdown in February 2014 and targeted Macau’s casinos, many believed that it would be a one-off operation. As the campaign continued over the next few months, Macau’s...
The casino industry of India has been under threat for quite some time as the ruling Bharatiya Janata Party is an extremely conservative party and borrows many of its ideals from the Rashtriya Swayamsevak Sangh...
The Gaming Inspection and Coordination Bureau, DICJ, issued a warning Friday, June 12, 2015 to the public regarding illegal gaming websites. Illegal gambling sites are claiming they are licensed and regulated b...
Macau Legislator, Au Kam San is currently inquiring as to whether the government plans to approve Coloane casino plans. Coloane is located next to Cotai, as a small district at 7.6 sq km. The inquiry was made d...
About a dozen members of Thailand's National Reform Council (NRC) have signed on to an idea to legalize casinos in the predominantly Buddhist country. The news site The Nation reports that Major Arnun Watcharot...
According to a report on GGRAsia quoting a Hong Kong Stock Exchange filing, the Imperial Pacific International Holdings Ltd, plans on spending at least $7 million on a new project in Saipan. The company will be...
MGM Resort International announced Friday June 12, 2015 that it has refinanced the credit agreement for the Macau subsidiary. The agreement is being used to complete a $2.9 billion resort currently under constr...
Official opening ceremonies were held on June 12 for the family entertainment destination at City of Dreams Manila. Attending were Mr. Lawrence Ho, co-chairman and CEO of Melco Crown Entertainment and DreamWork...
On the heels of Neptune Guangdong Group denying media reports yesterday that they plan to idle as many as 300 workers, the David Group has informed the local Macau Business Daily that they also “ no such plans”...
Reports here and in several Asian news outlets recently, as well as analysis from Daiwa Securities Group have indicated imminent and actual layoffs by certain Macau junket operators. A report in GGRAsia today s...
When Las Vegas Sands Chairman and billionaire Sheldon Adelson decided to terminate his Sands China CEO Steve Jacobs in 2010, he had no idea of the repercussions that decision would bring. Jacobs took Adelson an...
Neptune Guangdong Group and David Group are two of the largest junket operators in Macau. They announced their intention to scale back on their VIP operations due to a slump, according to Business Daily. The ne...