Asia News - Page 16
Genting plans renovations at Malaysia resort
18 December 2013
Genting plans upgrades to properties that include a theme park.
Macao revenue predicted to rise in 201413 December 2013
Analysts predict 20 percent rise in revenue for Macao in 2014.
Macau operations help credit profiles of Las Vegas Sands, Wynn Resorts12 December 2013
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.
Japan: Gambing bill filed in Japanese parliament6 December 2013
A bill to legalize casino gambling in Japan has been submitted by two parties to parliament.
Official: Israel interested in Las Vegas-style casino in Negev Desert6 December 2013
Israel Consul General David Siegel said discussion of gaming that could benefit Israeli tourism is in the preliminary stages only.
Macau gaming revenues reach $40 billion in 20133 December 2013
With one month left in 2013, Macau’s casino industry already has blown away its 2012 record gaming revenue production.
November was a bumper month for Macao2 December 2013
Revenue up again in November for Macau, a whopping 21.3 percent.
Inside Gaming: No mixed signals, no more licenses2 December 2013
The Macau government has changed direction in the past on several matters concerning the casino industry, but not on this issue.
The Philippines: Construction begins on Entertainment City casino27 November 2013
Construction has already begun on Kazuo Okada's Entertainment City casino resort with completion estimated for 2015.
Update on Bodog office raids in Manila25 November 2013
Bodog staff categorically rejected any suggestion that the company had ever offered illegal underground numbers games to Philippine nationals.
Federal panel raises deep concerns about gaming in Macau21 November 2013
Several commissioners suggested that federal oversight or regulation of U.S. gaming companies doing business in Macau might be merited.
SJM want more locals employed in Macao casinos18 November 2013
Calls by SJM and locals for foreign companies to be required to employ more locals in high paying management positions at casinos.
Galaxy would consider Japan, Taiwan investment if markets open up15 November 2013
Galaxy Entertainment is eyeing both Japan and Taiwan as potential investment markets should gaming markets open up.
Calvin Ayre to match gaming industry donations to Philippines15 November 2013
The Calvin Ayre Foundation will match all donations made by the online gambling industry peso for peso, up to $1 million.
Macau casinos produce record-breaking $4.6 billion in October4 November 2013
The Macau Gaming Inspection and Coordination Bureau said Friday the results were a 31.7 percent increase over the October 2012 total.
October record month for Macau30 October 2013
Macau gross gaming revenue to continues to ride high setting a new monthly record for October.
Boom time in Macau continues to buoy Las Vegas Sands28 October 2013
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.
Manila casino operating deal dissolves9 October 2013
Global Gaming Asset Management are dropped by Bloomberry Resorts as the operators of Solaire Resort and Casino.
Melco Crown Philippines announces "City of Dreams Manila" as brand of Manila resort9 October 2013
Melco Crown has announced the branded its new Manila casino resort "City of Dreams Manila".
Japan outlines proposed regulator plan for casinos7 October 2013
The Japanese government has outlined a policy for legalizing, regulating and licensing gambling that includes an Independent regulator.
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