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.
The online gambling market has grown at a rapid pace and benefited governments across the world that earn significant amounts of revenue in the form of online gambling taxes. The biggest challenge that the onli...
Keeping in line with gaming policies, the Macau government decided to deny the Galaxy Phase II gaming property the opportunity to install 400 table games as requested. The operator will be able to add 150 new c...
James Packer is one of Australia’s richest men and has a fortune that is estimated to be close to $5 billion. Packer has vested business interests but derives major revenue from his Crown Resort casinos that ha...
In spite of falling revenue all around them, Galaxy Entertainment Group Ltd is bursting forward with the opening of Galaxy Macau Phase II and Broadway Macau on the same day next week on the Cotai Strip.
Gala...
On May 19th 2015, according to a filing with the Hong Kong Stock Exchange, the doors to the Russian casino Tigre de Cristal will open by August 28th. Lawrence Ho Yau Lung of Melco is the majority owner through ...
Japanese media were subject to a presentation by advocates of the American casino industry earlier this week to emphasize the many benefits that can be gained from an integrated gaming resort. The presentation ...
A deal has been completed with the Iao Kun Group Holding Co Ltd that will allow the firm to develop its casino junket operations at Crown Melbourne Casino and Crown Perth Casino in Australia.
In a press rele...
The Philippines is becoming one of the hottest destinations in Asia for gamblers as foreign enterprises continue to invest heavily into setting up mega-casino resorts in the country. The government of the Phili...
Macau remains the biggest gambling hub in the world but has been asked by Beijing to stop relying on its casino industry as its major source of income and to diversify its revenue streams. Beijing has asked the...
Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They recently began expanding operations in the Philippines. Analysts are worried that this m...
The casino industry in the Philippines is growing at a rapid pace as the Philippine government continues to encourage foreign companies to invest in its casino industry and construct mega-casino resorts. An Ame...
SHANGHAI, China, May 15, 2015 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (SEHK:6883) (Nasdaq:MPEL) ("Melco Crown Entertainment" or the "Company"), a developer, owner and operator of casino gaming...
On May 13th 2015, it was reported in the Myanmar Times that the Singapore firm, Zochwell Group Pte Ltd is on the way to signing a contract for the development of a $1.2 billion US dollar project. This project ...
On May 14th 2015, Century Properties Group Inc., a real estate company in the Philippines said that it would be terminating a lawsuit against companies controlled by Kazuo Okada, the Japanese gaming entrepreneu...
On the 15th May 2015, the first quarter profits for Genting Singapore have dropped 64% as VIP gaming declined and mass market gaming has not increased. The company currently doesn't see the end of the tunnel fo...