Asia News - Page 17
Macau gaming revenues increase 21 percent in September to $3.6 billion
4 October 2013
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 gamblers16 September 2013
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 executives16 September 2013
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 Olympics16 September 2013
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 Invitational9 September 2013
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 August4 September 2013
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 frontier3 September 2013
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 August2 September 2013
Strong visitor numbers from China show in Macau August revenue numbers.
Crown sees annual profit up 14 percent23 August 2013
Crown reports 14 percent rise in yearly profit, thanks to its Macau property.
Samoa may reopen casino process after China bid falters19 August 2013
Samoa back to the drawing board on remaining casino licence, as talks with chinese company are derailed by corruption allegations.
Romance off: Caesars sells Macau land holdings for $438 million12 August 2013
Casino giant Caesars Entertainment Inc. says it is selling its property in Macau to an Asian developer.
Asia Entertainment & Resources Ltd announces Rolling Chip Turnover of US$1.50 billion for July 20135 August 2013
Asia Entertainment & Resources Ltd report unaudited Rolling Chip Turnover for the month of July 2013 at the company’s VIP rooms in Macau was US$1.50 billion, up 15% year-over-year.
Macau gaming revenues up 20 percent in July, 16 percent for 20132 August 2013
The growth surprised some prognosticators who expressed concerns of an economic slowdown in Asia.
Macau gambling revenue in July up 20 percent year-on-year1 August 2013
July's 29.5 billion patacas ($3.7 billion) revenue was the third-strongest figure this year, according to government data released on Thursday.
Casino projects in Russian port of Vladivostok draw investment from Macau22 July 2013
Lawrence Ho, the son of Hong Kong billionaire and Macau casino giant Stanley Ho, said his two companies would spend $630 million to buy a 51 percent stake in a business building two casino resorts in the Primorye Region near China’s border.
Expansion, cash, focused on the other Strip - in Cotai15 July 2013
Casino developers will spend some $22 billion on massive new resorts and gambling complexes in Macau over the next four years.
Asia Entertainment & Resources Ltd announces Rolling Chip Turnover of US$1.33 billion for June 20133 July 2013
Asia Entertainment & Resources Ltd. announced unaudited Rolling Chip Turnover for the month of June 2013 at the company’s VIP rooms in Macau was down 3% year-over-year for June.
Macau gaming revenues rise 21.1 percent in June2 July 2013
Gambling revenue in the Chinese territory, just across the strait from Hong Kong, rose to $3.54 billion, according to figures released Monday by the Macau Gaming Inspection and Coordination Bureau.
Las Vegas-based SK+G opening Hong Kong office1 July 2013
The firm will form SK+G Asia Pacific in partnership with The Tank, a Hong Kong based advertising and marketing firm.
Asia Entertainment & Resources Ltd completes acquisition of VIP Gaming Room at Le Royal Arc Casino28 June 2013
With the completion of this acquisition AERL will operate 40 tables in five VIP rooms with four concessionaires in the Macau market.
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