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Asia News - Page 14

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Singapore revenue up 12 percent

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

Revenue down, but profits up for Las Vegas Sands Corp.

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, lottery

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

Remote Gambling Bill passes in Singapore

Singapore passes Remote Gambling Bill.

Macau suffers fourth straight monthly gaming revenue drop

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

Macao's most signifianct revenue drop in 5 years

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

Macao casino workers walk out

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

Japan casino looks less likely

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

Macau’s casinos impacted by China's anti-corruption effort

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

IGT equipment bound for City of Dreams Manila

IGT to provide 52 video poker machines and more to new resort.

Macau mired in cold streak

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.

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.

Pakistan: Ex-hockey players arrested

Pakistan's field hockey world engulfed in gambling scandal as 8 are arrested, including some coaches of the junior national team.

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.

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