Asia News - Page 18
Expansion, cash, focused on the other Strip - in Cotai
15 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.
India: Gambling industry advocate for govt to legalize sports betting26 June 2013
Indian government urged by the gaming industry to legalize sports betting in an effort to combat match-fixing.
Melco Crown honored and on target with Philippine casino21 June 2013
As Melco Crown is honored by FinanceAsia, company is also developing its Manila resort for 2014 completion.
South Korea rejects bids in surprise move21 June 2013
South Korea declines on casino licence bids by Caesars Entertainment and Lippo consortium, and Universal Entertainment.
Las Vegas Sands approved to sell apartments in Macau6 June 2013
The long-awaited approval was announced Wednesday by the Macau government.
Macau gaming revenues up 13.5 percent in May4 June 2013
Macau gaming revenues grew 13.5 percent in May to $3.7 billion.
Macao revenue up for May3 June 2013
Macau revenue up 13.5 percent for May, helped by public holidays which brought Chinese visitors.
Asia Entertainment & Resources Ltd. announces Q1 2013 financial results24 May 2013
Rolling Chip Turnover decreased 24% compared to the same three months last year.
Galaxy to expand Galaxy Macau22 May 2013
Galaxy plans to expand Galaxy Macau, adding two more phases to the casino-resort.
IGT China Research and Development Office receives ISO Certification22 May 2013
IGT receives ISO certification for its China Research and Development office in Beijing.
Okada's Universal Entertainment calls Philippines payment unnecessary22 May 2013
Universal had booked the $25 million payment to Subic Leisure as an expense to resolve a land rights dispute surrounding its $2 billion resort project on Manila Bay.
Singapore government examing ways to control online gambling11 May 2013
Singapore government commissions serious study to examine feasible ways it can stop online gambling by its citizens.
Asia Entertainment & Resources Ltd. announces Rolling Chip Turnover of US$1.47 billion for April 20136 May 2013
Rolling Chip Turnover for the month of April 2013 at the company’s VIP rooms in Macau was US$1.47 billion, down 16% year-over-year.
Macau gaming revenues increase 13.2 percent in April3 May 2013
For the first four months of 2013, Macau’s gaming revenue collections are up 14.4 percent compared to the same four months of 2012.
Cantor Gaming releases "Mobile Millions" mobile casino game at The Venetian and The Palazzo15 April 2013
"Mobile Millions," a new casino game from Cantor Mobile Casino, now available to patrons of The Venetian and The Palazzo.
Worries of avian flu outbreak in China have kept lid on Macau gaming stocks9 April 2013
Concerns over a potential outbreak of a new strain of bird flu in mainland China worried investors and kept stock prices from rising.
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