Asia News - Page 6

Casino operators have budgeted almost $27 billion on new developments in Macau, despite the fact that Macau gaming regulators are expected to announce this week that November was the region's 18th straight month of revenue declines.

The revised opening date for the $4.1 billion Wynn Palace, now three months behind schedule, is now June 25, 2016.

The Macau Gaming Equipment Manufacturers Association will make the declaration at the commencement of the annual conference.

The Summit will take place at the Macao Gaming Show from Nov. 17-19.

At the show, Inspired will be advising government officials on the process for developing regulations to successfully launch virtual sports in their country.

The piece "10,000-meter Scroll Symbolizing Long Life" by Chinese calligraphy artist Shen Hongyu has taken its creator 15 years to complete.

The Nevada Supreme Court ruled that a Clark County judge will continue to preside over a wrongful termination case filed five years ago against Sands China.

The company's rolling chip turnover in October was $470 million, down 57% from the same month a year ago.

The market's gaming revenue is now down 35.5 percent for the year through October.

JCM will be at stand #AC-20 during the show, which runs from Nov. 17-19.

Some of the biggest names in European gaming will be exhibiting at the Venetian Macao next month.

The $3.2-billion, Hollywood-themed resort casino was designed to become Asia's "entertainment capital," according to its CEO, Mr. Lawrence Ho.

The International Association of Gaming Advisors is now an official organizing partner for the summit, which will run concurrently with the Macao Gaming Show.

The innovative new area will allow companies to showcase a diverse range of products and amenities designed to up a casino's "wow factor."

Las Vegas Sands Corp. saw revenues decline in Macau, but had a positive quarter in its other markets.

The Japanese legislative body decided not to hold a special legislative session in the fall, which means that 2016 is now the earliest possibility for passing new gaming bills.

The founder and CEO of Wynn Resorts went on a "tirade" against Macau's gaming regulators in a conference call with analysts last week.

The Macau government has authorized Melco Crown's Hollywood-themed casino for 250 new gaming tables and 1,233 new gaming machines.

Steve Sebelius takes Steve Wynn to task for his most recent statements of frustration with the Chinese government.

Net revenue declined slightly compared to the same quarter the prior year, in large part due to the unfavorable market conditions in Macau.