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.
A top court in Hong Kong granted Carson Yeung Ka Sing, Birmingham International Holdings Ltd. Chairman, release from jail Friday and will be free to appeal a money laundering conviction. Yeung was released on H...
Despite the fact that the gambling companies in the Philippines are on a losing streak due to increasing costs resulting from business expansion, Pagcor, the Philippine Amusement Gaming Corp, said in the local ...
Bloomberry Resorts Corp reported a net loss for the second quarter of 2015, just like it did for the first three months of the year. This operator is best known as the owner of Solaire Resorts and Casino in Man...
Even though Nepal is not on the radar of most casino investors, the gambling industry in the country is growing. A report from Union Gaming Securities Asia Limited says that Nepal might likely become the world’...
Tinian Mayor JP San Nicolas announced in a press release today that Tinian Dynasty Hotel & Casino was closing its casino operations temporarily commencing Friday afternoon past. The release noted that the c...
Genting Hong Kong subsidiary Star NCLC has conditionally agreed to sell 4.36% or 10 million shares of Norwegian Cruise Line Holdings for approximately $590 million. This sale is expected to provide a gain of $4...
China LotSynergy Holdings Limited’s Board of Directors announce the approval of their subsidiary’s, Guangzhou Lottnal Terminal Company Ltd, bid for a sports lottery complex. The subsidiary is going to be a part...
As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem. The latest casino operator to reveal an impressive growth of net profit is NagaCorp...
Macau casino operator SJM Holdings reported huge losses of more than 50% year-on-year in the first half of 2015. The profit the company made in the first six months, up to 30th of June, was around HKD1.79 billi...
Raychand Soni was arrested by Indian authorities earlier this week as he was accused of being a key ‘hawala operator’ involving bribery allegations against Louis Berger, a company that had won a contract to exe...
Crown Resorts Limited, Australia, has announced that billionaire James Packer, Crown’s largest shareholder, has stepped down as Chairman. Mr. Packer will assume a more global, hands-on roll as senior executive ...
At Prime Minister Shinzo Abe’s urging, Japan’s Liberal Democratic Party (LDP) indefinitely shelved a bill that would legalize casinos in the country.
Instead the LDP will focus on getting national security b...
August 11, 2015—Berstein Research shows the Chinese government is cracking down on all junket operators, including agents trying to promote other Asian casino destinations. Over the weekend, the Chinese governm...
In April it was widely reported that Melco Crown Entertainment (60% owner of Studio City International Holdings Ltd) could find itself in technical default with lenders by October 1, 2016 if they are operating ...
With a smoking ban in place, the Health Bureau of Macau has been very busy this year prosecuting illegal smokers, especially in casino venues. The Bureau has announced that this year alone, they have already pr...