Asia News - Page 19

Rolling Chip Turnover down 27% during Q4.

The Solaire Manila casino opens Saturday and hopes to draw VIP gamblers from Macau.

Big casino operators will be watching to see if Manila can deliver on promises of better profit margins and lower costs than global betting capital Macau.

Rolling Chip Turnover for the month of February 2013 at the company’s VIP rooms in Macau was US$1.29 billion, down 32% year-over-year.

Melco Crown Entertainment's Altira Macau and City of Dreams' Crown Towers bestowed the Forbes Five-Star Hotel Award.

After the Singapore casino market ramped up in 2010, many analysts predicted the region would surpass Las Vegas.

"PokerStars Live at the City of Dreams" will offer cash games and daily tournaments at 13 permanent tables.

A recent ranking of the top 20 gaming companies based on market capitalization had one distinctive flavor: The top 10 companies have either a direct investment or control of Asian gaming assets.

Matsu casino resort could be built by 2017.

Asia Entertainment & Resources has moved its VIP room formerly at the Venetian Macao-Resort-Hotel to a new room at the Sands Cotai Central.

Rolling Chip Turnover for the month of January 2013 was down 26% year-over-year.

Macau casinos in January grew gaming revenues 7.3 percent, falling well short of Wall Street predictions that the Chinese gaming market would mirror December's single-month revenue record of $3.54 billion.

The Venetian Macau casino is seeking to recover HK$23 million from Shanghai businesswoman Zou Yunyu and more than HK$11 million from Xie Xiaoqing, a delegate to the National People's Congress.

Control Board Chairman A.G. Burnett called the series of meetings, including talks with law enforcement officials in Hong Kong, "a complete success."

Taiwan's passing of gambling bill needs to be speedy, says developer.

Notice of the Las Vegas-based casino operator's plan was published Wednesday in Macau's official government gazette.

The Chinese arm of U.S. gambling giant MGM Resorts received a boost on Wednesday after the government formally approved the project.

China is anticipating online gambling revenue growth in the realm of $11 billion.

During December, Macau's 35 casinos collected a single-month record of $3.5 billion in gaming revenues, more than half of what the Strip's casinos collected in all of 2011.

During its first day of Macau's new smoking regulations, 42 casino patrons were fined.