Asia News - Page 20
Record revenue for Macau in December 2012
2 January 2013
December 2012 saw surprising revenue growth in Macau.
Global Gaming Asset Management acquires stake in Bloomberry Resorts2 January 2013
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 jackpot31 December 2012
Woman staying at an evacuation centre in central Philippines wins Charity Sweepstakes.
Study says legalized sports betting would boost Israel's tax revenue10 December 2012
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 20125 December 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 November4 December 2012
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 license21 November 2012
Philippine government may ditch on Universal Entertainment's $2 billion casino complex if bribery allegations are substantiated.
New online casino in Malaysia20 November 2012
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 results19 November 2012
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 Bill16 November 2012
Singapore has approved the proposed amendments to its Casino Control Bill.
Pinnacle's casino development in Vietnam in jeopardy13 November 2012
Pinnacle disclosed that Asian Coast Development Ltd., which is based in British Columbia, Canada, is currently in default of deadlines for the completion of the initial phase of the Ho Tram Strip complex near Ho Chi Minh City.
Asia Entertainment & Resources Ltd. announces Rolling Chip Turnover for October 20122 November 2012
Rolling Chip Turnover for the month of October 2012 at the company’s VIP rooms in Macau was US$1.47 billion, down 31% year-over-year.
Macau gaming revenues hit all-time single month record of $3.5 billion in October2 November 2012
The figure marked the third time this year that Macau gaming revenues had increased by single digits, which are considered bad months in the Chinese gaming market.
Caesars CEO says US companies won't get Macau gambling licences31 October 2012
Gary Loveman speculates that Macau will not offer any American casino operators, including his own company, new gambling licenses.
MGM gets approval to build Cotai hotel23 October 2012
The company paid $56 million for the land, and government officials will arrange for publication of the land concession contract in the Official Gazette of Macau.
SJM Holdings gets approval for Macau casino23 October 2012
SJM Holdings said its subsidiary, SJM, had accepted the draft land concession contract with the Macau government for "70,468 square meters" of land in the Cotai area in Macau.
Philippines: Six people busted for online gambling19 October 2012
Six Koreans busted for online gambling operation in the Philippines.
MGM gets approval to build Cotai hotel19 October 2012
MGM Resorts International was approved by the Macau government Thursday to build a $2.5 billion hotel-casino on the Coati Strip region.
Macau casino revenue expected to grow by 16.5 percent by 201415 October 2012
Macau's gaming industry is still predicted to grow at a rate of 16.5 percent in the next two years.
Singapore: 9 arrested in illegal gambling bust5 October 2012
9 arrests in illegal gambling bust uncovers illegal gambling den complete with 19 computers.
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