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Asia News - Page 22

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Wynn Resorts reports second quarter results for 2012

Wynn Resorts saw 7.1% decrease in revenues from Macau Operations and 11.6% decline in Las Vegas revenues for Q2.

Taiwan's first casino seen taking five years or more

Union Gaming GrOup Principal Grant Govertsen, who is based in Macau, told investors Sunday that legalized gaming in Taiwan is at least a half-decade in the offing.

Macao junket operators face challenging times

Macau's junket operators feeling the crunch of China's economy.

Singapore may cap casino visits for locals

Singapore to introduce casino visit caps for locals whose gambling habits create financial dire straits.

Analyst: Taiwan casinos could be at least five years away

The Matsu island chain of Taiwan approved the government’s plans to build a casino by a 57 percent to 43 percent margin. The vote is expected to attract the interest of America’s largest casino companies, all of which are seeking lucrative gaming opportunities throughout Asia.

Singapore toughens up on problem gambling

Singapore intends to implement safeguards that protect against gambling addiction.

Asia Entertainment & Resources report Rolling Chip Turnover of US$1.365 Billion for June 2012

Rolling Chip Turnover for the month of June 2012 at the company’s three VIP rooms in Macau was US$1.365 billion, down 9% year-over-year.

Visa restrictions and limits on Chinese credit cards slowing Macau's gambling revenues

Speculation that visa restrictions and limits on Chinese credit cards may be major causes for the recent Macau growth slowdown.

Macao: Revenue growth up in May

Macau revenue growth slowing, but still up 12.2 percent for June.

Melco Crown expanding into the Philippines

Melco Crown to develop Manila casino in joint venture with Belle Corporation.

Macao: Students study and train for casinos

Laws favor local workers hence Macau's students are training and studying hard for the plethora of employment opportunities in casinos.

Cantor Fitzgerald after Macao license

Cantor Fitzgerald aims to operate sports books in Macau casinos.

China to clamp down on football gambling

China clamping down on football gambling, offering rewards for public tip-offs.

Bangkok: Euro football gambling leads to 60 arrests

60 arrests made in Euro 2012 illegal gambling sweep in Bangkok, Thailand.

Asia Entertainment & Resources announces 14% increase in Rolling Chip Turnover for May

Rolling Chip Turnover for the month of May 2012 at the company’s three VIP rooms in Macau was US$1.559 billion, up 14% year-over-year.

Macau gaming revenues experience smallest monthly increase in three years

For the first time in almost three years, Macau casinos in May didn't post the double-digit monthly increase that investors and analysts have come to expect.

Macao: May figures show slowdown to 7.9 percent

May gambling revenue figures detailed a 7.3 percent revenue increase, which could indicate the long-predicted slowdown has commenced.

Macao maintains economic sheen despite China slowdown

Macau still holds world's top casino revenue spot, despite slowdown in Chinese economy.

Dreamworld Casino in Pailin Province of Cambodia to open May 9, 2012

Dreamworld Casino in Pailin will welcome mass market and VIP premium players visiting from the surrounding areas.

Las Vegas Sands not interested in junkets

Las Vegas Sands not inclined currently to work with licensed junket-operators, but did not rule out the possibility entirely.

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