Asia News - Page 14
Macau casino revenue dips record 23.2 percent in October
5 November 2014
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 revenues dip, but profits up in Q329 October 2014
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 ensures resources to tackle gambling addiction27 October 2014
Singapore has increased counsellors and has two designated centres to assist the increased number of problem gamblers.
Sri Lanka proposes to up gaming tax27 October 2014
Sri Lanka intends to increase gaming tax to the level of 10 percent of turnover.
Macau: 40 smokers fined on first day of ban27 October 2014
First day of Macau's new designated area only casino smoking rules, 42 people have been fined for violating them.
Inside Gaming: Smoking ban the least of worries in Macau gambling27 October 2014
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 revenues predicated to temper24 October 2014
Macau revenue expected to fall this month and recover in the latter part of next year.
Casinos in Japan: Not dead yet23 October 2014
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.
Philippines government wants higher investment22 October 2014
Philippine government will require an investment of $1.5 billion from casino investors seeking a casino licence.
Japan casino legalization delay20 October 2014
Legislation to legalize casino gambling in Japan has yet again been delayed.
Singapore revenue up 12 percent18 October 2014
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.16 October 2014
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, lottery10 October 2014
Turkey to privatize games of chance to generate cash revenue for government coffers.
Remote Gambling Bill passes in Singapore8 October 2014
Singapore passes Remote Gambling Bill.
Macau suffers fourth straight monthly gaming revenue drop7 October 2014
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 years6 October 2014
Macau absorbs the ouch of a revenue drop of 11 percent compared to September last year.
Macao casino workers walk out3 October 2014
Ongoing labour unrest in Macau sees some casino workers walk off the job today.
Japan casino looks less likely29 September 2014
Japan's first casino is in jeopardy due to bureaucracy and increasing building costs.
Macau’s casinos impacted by China's anti-corruption effort26 September 2014
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 Manila26 September 2014
IGT to provide 52 video poker machines and more to new resort.
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