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Asia News - Page 18

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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.

Romance off: Caesars sells Macau land holdings for $438 million

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 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 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-year

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 Macau

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 Cotai

Casino developers will spend some $22 billion on massive new resorts and gambling complexes in Macau over the next four years.

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