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Asia News - Page 29

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H2 predicts slow growth for online gaming in 2011

H2 Gambling Capital has revised its forecast for revenues for the online gambling sector down from €25.0 billion to €23.76 billion, a growth rate of just 4.4 percent rather than the original 10.2 percent it predicted earlier this year.

Report says there is "uncertainty" in Macau

A Hong Kong newspaper said expiring gaming concessions will lead to "uncertainty awaiting companies who are still considering deploying capital into Macau."

Macau keeps gambling destination top spot

Macau looks likely to maintain lead as world's top gambling destination, with Singapore overtaking Las Vegas in second.

Singapore: 9 arrests in illegal gambling syndicate raid

The illegal gambling syndicate was alleged to be taking bets on horseraces.

S.Korea investigates football match-fixing

South Korea expands football match-fixing investigation, after 5 arrests.

MGM China shares rise 2 percent

MGM China shares rose a mild 2 percent on Friday.

Macau gaming revenues hit $3 billion in May

The opening of the Galaxy Macau sent the Chinese territory's gaming revenues to an all-time high of $3 billion.

MGM IPO raises $1.4 billion in Macau

MGM Resorts International's initial public offering on the Hong Kong Stock Exchange raised $1.4 billion in Asian markets.

MGM China raises $1.5bn in share flotation

MGM China raises $1.5bn, Pansy Ho the main beneficiary selling 21 percent of her stock.

Resorts World Sentosa fined over four breaches

Resorts World Sentosa were fined last week for breaches under the Casino Control Act related to surveillance and the entrance levy.

Macau's MGM China gets lift from investors

Four investors invest $190 million during MGM China's $1.5 billion public offering in Hong Kong.

Filipinos warned about Galaxy Macau job scam

Filipino workers have been cautioned about a scam by illegal recruiters promising jobs at the new Galaxy Macau.

Macao: Galaxy Macau launches different era

The shift to a mass market era began in earnest yesterday in Macau with the opening of the Galaxy Macau.

Galaxy Macau shows confidence in Aristocrat with majority market share

Galaxy Macau will unveil Aristocrat's best performing Asian slot machine titles.

Hong Kong IPO looks promising for MGM

A long-awaited stock offering by MGM Resorts International on the Hong Kong Stock Exchange is close to fruition, and it turns out the nearly 18-month wait could be profitable.

Song sets stage for Macau Poker Cup

Macau's Ion Sang Song won the PokerStars Macau Main Event, taking home HKD $115,800 after outlasting a field of 100 players in the two-day event at Casino Grand Lisboa.

Hong Kong analysts confident on MGM Macau IPO

An initial public offering by MGM Resorts International on the Hong Kong Stock Exchange could raise more than $1 billion.

Gaming revenues top $2.6 billion in Macau

Casinos in the Chinese gaming enclave collected $2.6 billion in April from gamblers, a 44.6 percent increase compared to April 2010.

Hong Kong officials want more info on MGM IPO

The Listing Committee of Hong Kong Exchanges & Clearing was reportedly concerned about the shareholding structure of MGM Resorts.

Singapore set to overtake Vegas as second largest gambling spot

Singapore predicted to overtake Las Vegas in revenue forecast.

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