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Asia News - Page 19

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Asia Entertainment & Resources Ltd announces Q4 and full year 2012 financial results

Rolling Chip Turnover down 27% during Q4.

New Manila casino to face off against Macau

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

$1.2 billion top-end casino debuts in Manila

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.

Asia Entertainment & Resources report Rolling Chip Turnover of US$1.29 Billion for February 2013

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 Crown Towers both named five-star hotels

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

Strip gambling still far behind Macau but maintains lead over Singapore

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

PokerStars to open Macau's largest branded poker room at City of Dreams

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

Survey: Top gaming companies have distinctive Asian ties

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.

Taiwan: Matsu casino could be completed by 2017

Matsu casino resort could be built by 2017.

Asia Entertainment & Resources Ltd. announces move of VIP Room at Venetian Macao-Resort-Hotel to Sands Cotai Central

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

Asia Entertainment & Resources announces Rolling Chip Turnover for January

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

Macau gaming revenue rises 7.3 percent, falls short of forecasts

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.

Adelson's Venetian Macau suing two Chinese over $4.4 million gambling debts

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.

Nevada Gaming Control Board members travel to Macau on fact-finding mission

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

Developer wants quick passage for Taiwan gaming bill

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

MGM Resorts passes second hurdle for Macau development

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

Macau approves MGM China's new casino project

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

China expecting online gambling revenue to rise to $13 billion in 2013

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

Macau gaming revenues grow in 2012, hit record $38 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.

40 people fined on first day of Macau smoking ban

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

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