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.
Lotte Tour Development Co. Ltd is said to have approval to build the second largest casino hotel complex on Jeju Island off the coast of South Korea through affiliate Donghwa Investment and Development Co. Ltd....
MGM Resorts is currently constructing their second casino in Macau. For the MGM Cotai, the company plans on focusing on a tourist-friendly approach rather than on high rollers or career gamblers. The $3 billion...
Macau’s department of gaming recently confirmed that gaming revenue has fallen for the 16th consecutive month. This drop in gaming revenue is due to the anti-corruption crackdown launched by Beijing in 2014 tha...
Down 34 percent for the year, foreigner-exclusive South Korean casino operator, Paradise Co Ltd’s, monthly numbers were down 23.6 percent from last month bringing September’s numbers in at KRW37.2 billion ($31....
NagaCorp Ltd reported unaudited data to the Hong Kong Stock Exchange Friday of almost U.S. $400 million GGR for the first nine months of 2015. This financial data represents an increase of 47% from the U.S. $27...
Macau casinos' gross gaming revenue fell by 1/3 in September, the sixteenth month in a row showing decline, but the numbers were within expectations. Hitting forecasts as well as reports that Beijing may be wil...
India has one of the largest underground sports betting markets in the world and the sport generating the most illegal wagering is cricket, which is considered the "second biggest religion" in India by some.
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The Melco Crown Entertainment group is set to open Studio City in Macau by October 27th, which is only weeks away. To improve financial performance as well as overall operations of the casino resort, which had ...
Central bank director general Chea Serey has announced that Cambodia’s casino industry generated an estimated $2 billion revenue in 2014 from non-residents, and was assessed as approximately 40% of the country...
Tuesday saw casino stocks on the Hong Kong stock exchange (HKEx) fall to levels unseen in years, and the sneeze seems to have even given some NYSE stocks a cold, or at least kept them from shaking it.
Sands ...
Neptune Group Ltd, a junket operator that once had a thriving operation in Macau has found it difficult to post consistent profits after the anti-corruption crackdown. The company recently announced that it was...
According to local sources a series of raids over a three-month period by Hong Kong police have resulted in the arrests of approximately 4,343 people with alleged ties to the city’s infamous organized crime syn...
One time Neptune Group Ltd shareholder in Hong Kong’s Macau VIP gambling sector Cheung Chi-tai's trial has been adjourned by a Hong Kong court until March 24, 2016 at the request of prosecutors citing complexit...
Russian media outlet PrimaMedia is reporting on the internal progress of Tigre de Cristal as the first casino in Primorsky Krai is set to open their doors to the public in a little over a week. There are report...
Selena World Resort is one of four integrated resorts being developed in the Primorye Integrated Entertainment Zone (IEZ) near Vladivostok, in the Asian portion of the Russian Federation. The property will feat...