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Asia News - Page 23

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Macau: VIP casino revenue may dip for second month

VIP gamblers revenue predicted to fall again for August -- the second month that VIP's are cutting back their spend in Macau.

Asian casinos target money laundering

Following US clampdown, Asian casinos and banks will follow suit and implement better surveillance and reporting of money laundering activities.

South Korea: Monks fined for gambling

Two Buddhist monks fined $2,000 for illegal gambling in a secretly filmed poker match.

MGM optimistic on Macau

MGM Resorts International express optimism that Macau government will approve their plan for a new Cotai casino.

Macau cracks down, 150 arrested

150 people have been arrested in Macau clampdown on Triad activity in casinos.

Asia Entertainment & Resources Rolling Chip Turnover down 40.8%

Asia Entertainment & Resources report Rolling Chip Turnover for July 2012 US$1.310 billion, down 40.8% year-over-year.

Macau gambling revenue up 1.5% in July

The rise is a far slower pace than has been the case in Macau over the last few years.

Macao revenue slows

Revenue growth slows in Macau, attributed to China economic slow down and weather events.

Asian casino sector bucks regional trend, shows continued strong growth

An 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 betting

Major swoops on illegal football gambling across Asia result in 300 arrests.

LV Sands has cool attractions, but what about those shade trees?

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 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.

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