Asian Casinos and Gambling in Asia
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Asia Gambling News
23 October 2014 - Japan
The investment community says gaming revenue in Japan could range from $10 billion to $15 billion annually, topping the yearly totals produced by Nevada and Singapore.
22 October 2014 - Philippines
Philippine government will require an investment of $1.5 billion from casino investors seeking a casino licence.
20 October 2014 - Japan
Legislation to legalize casino gambling in Japan has yet again been delayed.
18 October 2014 - Singapore
Tourism revenue fell, but Singapore's gaming revenue was up 12 percent for its Q2 period.
16 October 2014 - Macao, Singapore
Las Vegas Sands told investors its net income for the third quarter was $671.7 million, compared with $626.7 million in the same quarter a year ago.
10 October 2014 - Turkey
Turkey to privatize games of chance to generate cash revenue for government coffers.
8 October 2014 - Singapore
Singapore passes Remote Gambling Bill.
7 October 2014 - Macao
Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out.
6 October 2014 - Macao
Macau absorbs the ouch of a revenue drop of 11 percent compared to September last year.
3 October 2014 - Macao
Ongoing labour unrest in Macau sees some casino workers walk off the job today.
29 September 2014 - Japan
Japan's first casino is in jeopardy due to bureaucracy and increasing building costs.
26 September 2014 - China, Macao
China's anti-corruption push is being felt in Macau's casinos, with some VIP gamblers staying away.
26 September 2014 - Philippines
IGT to provide 52 video poker machines and more to new resort.
24 September 2014 - Macao
On Monday, the Chinese gaming market was red-flagged when Wells Fargo Securities gaming analyst Cameron McKnight became the latest Wall Street researcher to post warning signals.
12 September 2014 - Macao
Continued weakness in the VIP segment has contributed to a reduction in the full year 2014 Macau gaming revenue forecast to 4%.
8 September 2014 - Singapore
Singapore introduces the Remote Gambling Bill in parliament to crack down on all forms of remote gambling.
2 September 2014 - Macao
Despite the 6.1 drop in August — the largest decline in 2014 — the Macau gaming market is up 8.1 percent for the year’s first eight months following 2013’s record $45.2 billion in gaming revenue.
29 August 2014 - Macao
Shares prices fall in Macau casinos over threat of strike action after worker protests.
22 August 2014 - Israel
Israeli police discover rocket shelter being used as impromptu casino and grow op, farmer arrested.
18 August 2014 - Macao
Following the company’s release of second-quarter earnings this month — a profit of $105.5 million on revenue of $2.6 billion — the investment community praised the company and lauded expansion opportunities in the U.S. and Macau.
15 August 2014 - Macao
Crown Resorts saw a leap in net profit up 66 percent, aided by the growth of its Macau operation.
15 August 2014 - Macao
Financial terms were not disclosed for the three-year distribution agreement between IGT and LT Game, a subsidiary of Paradise Entertainment Ltd.
1 August 2014 - Macao
Macau revenue down 3.6 percent year on year for July.
25 July 2014 - Macao
The IMF has advised Macau to diversify its economy to include more than gambling.
17 July 2014 - Macao, Singapore
The casino operator Wednesday credited another strong quarter from the company’s casinos in Macau with producing double-digit increases in both revenues and earnings. But the figures didn’t meet analyst projections.
11 July 2014 - Macao
Shares in Melco Crown Entertainment have fallen 7 percent since June.
10 July 2014 - Macao
The Summit will include keynote sessions on the regulatory environment in Asia-Pacific, the future of gaming in Macao and beyond, opportunities in Asia-Pacific comprising industry updates on mature, emerging and future markets as well as best practices required in the region.
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