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Asia News - Page 19

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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.

Record revenue for Macau in December 2012

December 2012 saw surprising revenue growth in Macau.

Global Gaming Asset Management acquires stake in Bloomberry Resorts

Global Gaming Asset Management LLC expects to complete its acquisition of a 9 percent stake in Bloomberry Resorts Corp., owner and developer of the Solaire Manila Casino & Resort.

Typhoon survivor wins charity sweepstakes jackpot

Woman staying at an evacuation centre in central Philippines wins Charity Sweepstakes.

Study says legalized sports betting would boost Israel's tax revenue

Study suggests Israel should regulate and legalize sports betting because tax revenue is being lost.

Asia Entertainment & Resources Ltd. announces rolling chip turnover of US$1.26 Billion for November 2012

Rolling Chip Turnover for the month of November 2012 at the company’s VIP rooms in Macau was US$1.26 billion, down 26% year-over-year.

Macau gaming revenues grow 8 percent in November

Wells Fargo Securities gaming analyst Cameron McKnight said economic data from China last week indicated the economic environment in the region may have stabilized

Universal Entertainment Corp could lose Philippine license

Philippine government may ditch on Universal Entertainment's $2 billion casino complex if bribery allegations are substantiated.

New online casino in Malaysia

9Crown.com, now being launched in Malaysia, offers various online casino games with up to 20% bonus such as roulette, blackjack, slot games and more.

Entertainment & Resources Ltd. announces Q3 financial results

Rolling Chip Turnover for the three months ended September 30, 2012 in the Company’s VIP gaming rooms was $4.0 billion, down 32% year-over-year.

Singapore passes Casino Control Bill

Singapore has approved the proposed amendments to its Casino Control Bill.

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