Asia News - Page 7
Melco Crown's Studio City opens its doors
27 October 2015
The $3.2-billion, Hollywood-themed resort casino was designed to become Asia's "entertainment capital," according to its CEO, Mr. Lawrence Ho.
MGEMA signs partnership agreement with IAGA for Macao Tourism and Culture Summit26 October 2015
The International Association of Gaming Advisors is now an official organizing partner for the summit, which will run concurrently with the Macao Gaming Show.
Macao Gaming Show confirms 'Boom and Fire Zone' for exhibition23 October 2015
The innovative new area will allow companies to showcase a diverse range of products and amenities designed to up a casino's "wow factor."
Sheldon Adelson calls Macau environment 'challenging'22 October 2015
Las Vegas Sands Corp. saw revenues decline in Macau, but had a positive quarter in its other markets.
Japanese lawmakers table casino expansion legislation22 October 2015
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.
International diplomacy, Steve Wynn-style21 October 2015
The founder and CEO of Wynn Resorts went on a "tirade" against Macau's gaming regulators in a conference call with analysts last week.
Studio City announces gaming table allocation20 October 2015
The Macau government has authorized Melco Crown's Hollywood-themed casino for 250 new gaming tables and 1,233 new gaming machines.
Bad! That's a bad Macau!19 October 2015
Steve Sebelius takes Steve Wynn to task for his most recent statements of frustration with the Chinese government.
Wynn Resorts reports Q3 2015 results19 October 2015
Net revenue declined slightly compared to the same quarter the prior year, in large part due to the unfavorable market conditions in Macau.
Wynn levels criticism at Macau for table game allocation16 October 2015
The chairman and CEO of Wynn Resorts Ltd., expressed frustration Thursday that he does not yet know how many table games the Macau government will allocate the $4 billion Wynn Palace, which is expected open on March 25.
YWS Design to exhibit at Macao Gaming Show12 October 2015
The presence of the Las Vegas-based international design firm at MGS highlights the breadth of exhibitors attending the event.
Chinese government may take steps to save Macau casino industry5 October 2015
In light of the effect of the government's corruption crackdown on high-end baccarat revenue, the Beijing government may take measures to support the Macau economy on the mass-market side.
Macau casino revenues decline 33% in September2 October 2015
This marks the 16th uninterrupted month of revenue decline for the beleaguered gaming hub.
Las Vegas Sands builds 200,000 hygiene kits for Clean the World28 September 2015
Las Vegas Sands' 24-hour global volunteer effort saw team members in properties around the world put together an unprecedented number of personal care kits.
Macau gaming officials seek to 'improve transparency' of junket operations23 September 2015
The junket operators, which have long been suspected of being affiliated with organized crime, have come under extra scrutiny during the Chinese government's crackdown on corruption.
US companies sign up for Macao Gaming Show17 September 2015
Several prominent U.S. corporations will be traveling to this year's exhibition to showcase their wares to the Asian gaming market.
Macao Gaming Show launches special program for local businesses14 September 2015
The initiative is designed to further communication and integration between gaming operators and other small and medium-sized businesses in order to diversify and strengthen Macao's economy.
Wynn sees stock price impacted by theft allegation11 September 2015
Alleged theft from junket company operating out of Wynn Macau hits Wynn's stock price.
Research and Markets releases 'Casino Gaming Market in Macau 2015-2019'10 September 2015
The report predicts that casino gaming revenue in Macau will decline at a CAGR of 3.47% between 2014 and 2019.
Macao government confirms support for Macao Gaming Show 20159 September 2015
The Gaming Inspection and Coordination Bureau (DICJ), the Macau Trade and Investment Promotion Institute (IPIM) and the Macao Foundation have all confirmed their support for the event.
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