Asia News - Page 22
Macao revenue slows
1 August 2012
Revenue growth slows in Macau, attributed to China economic slow down and weather events.
Asian casino sector bucks regional trend, shows continued strong growth24 July 2012
An OnlineCasino.sg report concludes that Asia’s casino sector continues to perform well, with potential for further growth despite economic slowdown.
Singapore: 74 arrested for illegal soccer betting20 July 2012
Major swoops on illegal football gambling across Asia result in 300 arrests.
LV Sands has cool attractions, but what about those shade trees?18 July 2012
There are 250 trees on the roof of its Marina Bay Sands hotel and casino in Singapore. The SkyPark's forest helps keep the building cool and returns oxygen to the environment.
Wynn Resorts reports second quarter results for 201218 July 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 more10 July 2012
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 times9 July 2012
Macau's junket operators feeling the crunch of China's economy.
Singapore may cap casino visits for locals9 July 2012
Singapore to introduce casino visit caps for locals whose gambling habits create financial dire straits.
Analyst: Taiwan casinos could be at least five years away8 July 2012
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 gambling6 July 2012
Singapore intends to implement safeguards that protect against gambling addiction.
Asia Entertainment & Resources report Rolling Chip Turnover of US$1.365 Billion for June 20126 July 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 revenues4 July 2012
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 May2 July 2012
Macau revenue growth slowing, but still up 12.2 percent for June.
Melco Crown expanding into the Philippines27 June 2012
Melco Crown to develop Manila casino in joint venture with Belle Corporation.
Macao: Students study and train for casinos27 June 2012
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 license22 June 2012
Cantor Fitzgerald aims to operate sports books in Macau casinos.
China to clamp down on football gambling15 June 2012
China clamping down on football gambling, offering rewards for public tip-offs.
Bangkok: Euro football gambling leads to 60 arrests11 June 2012
60 arrests made in Euro 2012 illegal gambling sweep in Bangkok, Thailand.
Asia Entertainment & Resources announces 14% increase in Rolling Chip Turnover for May4 June 2012
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 years4 June 2012
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.
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