Asia News - Page 20

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.

December 2012 saw surprising revenue growth in Macau.

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.

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

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

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.

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

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