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Asia Gambling News

Macau experiences 12th straight month of gaming revenue decline

Casino operators worry that the Macau government's plans to implement a smoking ban could further erode the market.

Macau May gambling revenue tumbles

Macau revenue tumbled 37 percent in May.

XcelMobility launches Afterburner platform for mobile lottery players

The online lottery service provider plans to install Afterburner Wi-Fi networking nodes in the many kiosks and small shops around China's cities.

Galaxy Phase II will open with 150 gaming tables

150 new gaming tables permitted at Galaxy Macau Phase II which will open this week.

Macao confident on expansion

Macau development continues unabated with three new casino properties on the horizon.

Analyst sees no 'silver bullets' to Macau turnaround

Goldman Sachs gaming analyst Steven Kent has downgraded his stock price projections for Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International.

Inside Gaming: Portugal and Macau forever linked despite distance of 6,800 miles

The Portuguese colonized Macau in the 16th century as the first European settlement in the Far East. In 1987, China and Portugal signed an agreement to create the Macau Special Administrative Region and the area was returned to Chinese rule in December 1999.

Cambodia: Police crackdown on gambling

New police chief comes to Sihanoukville with strong words and threats to jobs of police officers who fail to curb illegal gambling activities in the province.

Mohegan tribe to partner on South Korean airport casino

Mohegan Tribe propose to partner with South Korean airport to build casino complex.

AGA would help Japan on casinos

AGA president touts US offer of information and experience to Japan, if they legalize casinos.

Japan casino legalisation bill won't be introduced this week

Introduction of legislation to legalize casino gambling in Japan further delayed.

Inside Gaming: Macau top official's speech not the message Las Vegas wanted to hear

Macau Chief Executive Fernando Chui told lawmakers on Monday the Special Administrative Region had entered an “adjustment” period of slower and stable growth.

Inside Gaming: Chinese government almost seems to be purposely torpedoing Macau

Nine straight months of casino revenue declines, including a record 49 percent drop in February, are primarily because of a government-imposed crackdown on corruption.

Wynn Resorts to rake in $511 million dividend from Macau subsidiary

The move comes as Macau’s casino market is in an unprecedented gaming revenue nosedive.

Nevada Judge considers sanctions against Sands China Ltd.

District Judge Elizabeth Gonzalez, who heard nearly five hours of legal arguments on the topic last Tuesday, said she plans to issue a written decision by early this week.

Feb. decline marks Macau's worst gaming revenue month since 2011

Despite what is normally a lucrative time period, the annual Chinese New Year, the region reported an overall gaming revenue total of $2.44 billion.

Macau gaming revenues fall a record 49 percent in February

Casinos collected $2.44 billion from gamblers during the month, a drop of 49 percent. A year ago, Macau casinos collected a single-month industry high of $4.8 billion.

Macao: Casino revenue drop

February a harsh month for Macau with 48.6 percent decline in gambling revenue.

Macao: casino revenue drop

February a harsh month for Macau with 48.6 percent decline in gambling revenue.

Wynn Resorts seeks to oust Elaine Wynn from board of directors

In a proxy filing with the U.S. SEC Friday, Wynn Resorts said it will reduce its Class I board members from three to two.

Slower Chinese New Year hits Macau shares

Shares fall as Chinese New Year gambling weaker than usual in Macau.

Manila’s new casino looking for business

City of Dreams Manila is open for business and hoping to compete strongly with other Asian casinos.

China wants to reduce citizens overseas gambling

China planning to clamp down on foreign countries who court its citizens for gambling revenue.

Japanese official says Netanyahu asked him to advance franchise for Adelson casino

The official was shocked by the unusual request, and rejected it out of hand.

Singapore: New measures against offshore websites enacted

Singapore blocks hundreds of online gambling websites.

Inside Gaming: Macau, already reeling, faces possible total smoking ban

Talk about throwing gasoline on a raging inferno.

Plunge in Macau revenue leads to lower profits for Wynn Resorts

Wynn said Tuesday revenue from it two Macau casinos dipped 32 percent in the quarter that ended Dec. 31.

Macau casinos start 2015 with another revenue dip

January's decline was the eighth straight monthly drop.

Nepal: Casinos could reopen

New operators more willing to accept Nepali government's regulation which saw all casinos closed down last year.

Grand opening of City of Dreams Manila

Located at the gateway to Entertainment City, City of Dreams Manila is poised to become the premier leisure and entertainment destination in the Philippines and within the region.



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