Asia News - Page 15

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.

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

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.

Continued weakness in the VIP segment has contributed to a reduction in the full year 2014 Macau gaming revenue forecast to 4%.

Singapore introduces the Remote Gambling Bill in parliament to crack down on all forms of remote gambling.

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.

Shares prices fall in Macau casinos over threat of strike action after worker protests.

Israeli police discover rocket shelter being used as impromptu casino and grow op, farmer arrested.

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

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 saw a leap in net profit up 66 percent, aided by the growth of its Macau operation.

Financial terms were not disclosed for the three-year distribution agreement between IGT and LT Game, a subsidiary of Paradise Entertainment Ltd.

Scientific Games signs new contract with the Taiwan Lottery Co., Ltd

Macau revenue down 3.6 percent year on year for July.

The IMF has advised Macau to diversify its economy to include more than gambling.

The casino operator Wednesday credited another strong quarter from the company’s casinos in Macau with producing double-digit increases in both revenues and earnings. But the figures didn’t meet analyst projections.

Shares in Melco Crown Entertainment have fallen 7 percent since June.

The Summit will include keynote sessions on the regulatory environment in Asia-Pacific, the future of gaming in Macao and beyond, opportunities in Asia-Pacific comprising industry updates on mature, emerging and future markets as well as best practices required in the region.

The advert designed to warn people of the dangers of gambling, featured a young boy dismayed by his dad who has bet his whole life savings on Germany.