Asia News - Page 14

The bond advisement service predicted zero growth in Macau’s gaming revenue by the time 2014 is concluded, and an overall decline of 1 percent in 2015.

Total casino revenue was $3.5 billion in October — Macau’s fifth straight monthly decline, the Macau Gaming Inspection and Coordination Bureau said Tuesday.

Wynn said its net income for the quarter that ended Sept. 30 was $191.4 million, or $1.88 per share. A year ago, the company reported net income of $182 million, or $1.79 per share.

Singapore has increased counsellors and has two designated centres to assist the increased number of problem gamblers.

Sri Lanka intends to increase gaming tax to the level of 10 percent of turnover.

First day of Macau's new designated area only casino smoking rules, 42 people have been fined for violating them.

The Chinese gaming enclave has experienced four straight months of gaming revenue declines. A fifth monthly drop is expected when October’s numbers are counted.

Macau revenue expected to fall this month and recover in the latter part of next year.

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.

Philippine government will require an investment of $1.5 billion from casino investors seeking a casino licence.

Legislation to legalize casino gambling in Japan has yet again been delayed.

Tourism revenue fell, but Singapore's gaming revenue was up 12 percent for its Q2 period.

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.

Turkey to privatize games of chance to generate cash revenue for government coffers.

Singapore passes Remote Gambling Bill.

Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out.

Macau absorbs the ouch of a revenue drop of 11 percent compared to September last year.

Ongoing labour unrest in Macau sees some casino workers walk off the job today.

Japan's first casino is in jeopardy due to bureaucracy and increasing building costs.

China's anti-corruption push is being felt in Macau's casinos, with some VIP gamblers staying away.