Asia News - Page 16

Genting plans upgrades to properties that include a theme park.

Analysts predict 20 percent rise in revenue for Macao in 2014.

Wells Fargo Securities gaming analyst Dennis Farrell Jr. said Las Vegas Sands and Wynn Resorts have the best credit profiles of any of the major casino operators, primarily because of their wholly owned Macau operations.

A bill to legalize casino gambling in Japan has been submitted by two parties to parliament.

Israel Consul General David Siegel said discussion of gaming that could benefit Israeli tourism is in the preliminary stages only.

With one month left in 2013, Macau’s casino industry already has blown away its 2012 record gaming revenue production.

Revenue up again in November for Macau, a whopping 21.3 percent.

The Macau government has changed direction in the past on several matters concerning the casino industry, but not on this issue.

Construction has already begun on Kazuo Okada's Entertainment City casino resort with completion estimated for 2015.

Bodog staff categorically rejected any suggestion that the company had ever offered illegal underground numbers games to Philippine nationals.

Several commissioners suggested that federal oversight or regulation of U.S. gaming companies doing business in Macau might be merited.

Calls by SJM and locals for foreign companies to be required to employ more locals in high paying management positions at casinos.

Galaxy Entertainment is eyeing both Japan and Taiwan as potential investment markets should gaming markets open up.

The Calvin Ayre Foundation will match all donations made by the online gambling industry peso for peso, up to $1 million.

The Macau Gaming Inspection and Coordination Bureau said Friday the results were a 31.7 percent increase over the October 2012 total.

Macau gross gaming revenue to continues to ride high setting a new monthly record for October.

In the three months ended Sept. 30, the company’s four major Macau gaming divisions produced a 43 percent increase in revenues and an 89 percent jump in profits compared with a year ago.

Global Gaming Asset Management are dropped by Bloomberry Resorts as the operators of Solaire Resort and Casino.

Melco Crown has announced the branded its new Manila casino resort "City of Dreams Manila".

The Japanese government has outlined a policy for legalizing, regulating and licensing gambling that includes an Independent regulator.