Asia News - Page 13

In a filing with the Securities and Exchange Commission Tuesday, Wynn Resorts Ltd. said it was slashing the CEO's salary to $2.5 million per year from $4 million.

Four out of five of the David Group's VIP gaming rooms to close in Macau.

80 people taken into custody in Paraguay illegal online gambling site raid, one man arrested.

In December 2014 PokerStars completed the rollout of casino table games to players in eligible markets on PokerStars.com and certain domains sharing liquidity on the global network.

Opposition leaders in the Malaysian parliament have called on Ahmad Zahid Hamidi, the minister of home affairs, to publicly explain why he became involved in the high-stakes gambling case.

New president in Sri Lanka spells doom for James Packer's $400 million casino-hotel plan.

Hollywood stars are featured in the premiere of Film-Teaser the unveiling of the 'Next-Generation' of thrilling leisure entertainment in Asia.

A survey in Macau and Singapore has shown strong enthusiasm for working in casinos.

Paul Phua and his son, Darren Phua, were among eight defendants charged in a multimillion-dollar scheme that accepted wagers on the World Cup soccer tournament in Brazil last year.

The worry is now about 2015 and what effect continued softness in the world’s largest gambling enclave will have on Nevada casino operators.

Macau feels the brush of first annual revenue decline, with month of December's startling 30.4% dip.

Ahmad Zahid Hamidi, Malaysia’s minister of home affairs, sent a letter earlier this month to Deputy FBI Director Mark Giuliano in Washington rebutting FBI claims that the lead defendant in the high-stakes betting case is tied to a powerful Chinese crime syndicate

Korea is beset with illegal online sports gambling that is difficult to clamp down on.

PokerStars LIVE Manila follows Macau to become the second PokerStars live poker room operating in Asia.

A two month operation to crush illegal gambling and pornography has resulted in 3,014 people being arrested.

Even after six consecutive monthly gaming revenue declines, Macau is still not close to hitting bottom.

Boasting nearly three decades of industry experience, Cheng’s appointment is a strategic move designed to accelerate momentum behind the brand’s global gaming growth plans.

As a market, Macau has never experienced an annual gaming revenue decrease.

The Macau Gaming Inspection and Coordination Bureau said Monday casinos in the Chinese gambling market collected $3.04 billion in gaming revenue during the month, down 19.6 percent from a year ago.

China attending to corruption has delivered the first pinch to Macau's gaming dependent economy.