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Asia Gambling News

Macau gaming revenue forecast cut to 4% on VIP weakness

Continued weakness in the VIP segment has contributed to a reduction in the full year 2014 Macau gaming revenue forecast to 4%.

Singapore government moves to curb internet gambling

Singapore introduces the Remote Gambling Bill in parliament to crack down on all forms of remote gambling.

Macau gaming revenue tumbles for third straight month

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.

Macao shares dip

Shares prices fall in Macau casinos over threat of strike action after worker protests.

Israel bomb shelter was housing a makeshift casino

Israeli police discover rocket shelter being used as impromptu casino and grow op, farmer arrested.

Turnaround story unfolds for MGM Resorts International

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.

Crown Resorts sees lift in net profit

Crown Resorts saw a leap in net profit up 66 percent, aided by the growth of its Macau operation.

IGT deal may open Asian market to company slots

Financial terms were not disclosed for the three-year distribution agreement between IGT and LT Game, a subsidiary of Paradise Entertainment Ltd.

Macau: Gambling revenue sees second month of decline

Macau revenue down 3.6 percent year on year for July.

IMF recommends Macao diversify economy

The IMF has advised Macau to diversify its economy to include more than gambling.

Las Vegas Sands: Strong growth in Q2 profit

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.

China slowdown impacts Melco Crown shares

Shares in Melco Crown Entertainment have fallen 7 percent since June.

Looking beyond the Horizon is theme of 2014 Macao Gaming Summit

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.

Singapore anti gaming ad backfires

The advert designed to warn people of the dangers of gambling, featured a young boy dismayed by his dad who has bet his whole life savings on Germany.

High hopes for casinos in Japan

Although nothing was resolved over the past few months in what seems to be a never-ending effort to bring casinos to Japan, gaming leaders and analysts walked away encouraged.

Bonus for Sands China employees

Sands China Ltd 27,000 employees have some pleasant news in this month's pay packet.

Macau sees first gaming revenue dip in June

Macau revenue down 3.7 percent in June, first dip in five years.

Japan: Prime Minister backs casino legislation

Japan's Prime Minister backs introducing legislation that would legalize casinos in the country ahead of the 2020 Olympics.

Changing fortunes: Sports teams rise, fall — and so does Macau gambling

In Macau, there are ominous signs the market will suffer its first gaming revenue decrease since June 2010.

Thailand clamps down on World Cup gambling

Thailand's military government have cracked down on illegal gambling during the World Cup.

Thailand clamps down on World Cup gambling

Thailand's military government have cracked down on illegal gambling during the World Cup.

Large World Cup gambling ring busted

Police bust World Cup gambling ring in Macau, 22 people arrested.

Barona Resort & Casino to celebrate Philippine Independence Day with cash prizes

There will be a winner every 15 minutes at Barona Resort & Casino to celebrate Philippine Independence Day on June 1, 2014.

Japan looks to Singapore for casino tourism model

Japan's Prime Minister toured Singapore's casinos while he was in town to give a defence related speech last Friday.

Survey: Half of Macau's casino workers do not want to work in smoking areas

Survey shows over 50 percent of Macau's casino workers do not want to work in smoking areas of casinos.

Gaming commissioners give OK to Genting; construction to begin this summer

Genting Group's proposal to build Resorts World Las Vegas was approved during the meeting by the Nevada Gaming Commission.

Okada group to pursue Manila casino complex

The Okada Group will move continue with its plan to build a casino complex in Manila.



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