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Asia News - Page 16

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Federal panel raises deep concerns about gaming in Macau

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 casinos

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 up

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 Philippines

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 October

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 Macau

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 Sands

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 dissolves

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 resort

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

Japan outlines proposed regulator plan for casinos

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

Macau gaming revenues increase 21 percent in September to $3.6 billion

The September results could have been higher if not for the disruption in travel caused by Typhoon Usagi at the end of the month

Hong Kong attracting Macau gamblers

Hong Kong's floating casino boats attract some gamblers who wish to save on Macau hotel costs.

Philippines casino removes management led by former Las Vegas Sands executives

Owners of the Solaire Resort &Casino in Entertainment City along Manila Bay told the country’s stock exchange it terminated the services of Global Gaming Asset Management of Las Vegas because of a “material breach” of their agreement.

Gaming sees opportunity in Japan Olympics

Last week’s award of the 2020 Summer Olympic Games to Tokyo ignited more than the Olympic torch in the Japanese capital.

North Korea to host Paddy Power Dennis Rodman Invitational

Dennis Rodman and Paddy Power detail “Paddy Power Dennis Rodman Invitation", an international basketball event taking place in the North Korean capital Pyongyang in January 2014

Macau casinos record second-largest monthly revenue in August

August’s figure was topped only by the all-time single month record of $3.92 billion that Macau casinos collected in March.

Union Gaming Group, successful at home, looks to Japan as global gambling's possible next frontier

Later this month, Union Gaming Group will host a three-day conference at the Conrad Hotel in Tokyo that focuses on Japan’s potential expansion into legalized casino gaming.

Macau sees revenue up 17.6 percent for August

Strong visitor numbers from China show in Macau August revenue numbers.

Crown sees annual profit up 14 percent

Crown reports 14 percent rise in yearly profit, thanks to its Macau property.

Samoa may reopen casino process after China bid falters

Samoa back to the drawing board on remaining casino licence, as talks with chinese company are derailed by corruption allegations.

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