Imperial Pacific International Holdings Ltd, the developer of a casino resort (pictured) on the Pacific island of Saipan, reported a net loss of HKD3.90 billion (US$503 million) for the year ended December 31. The firm recorded a steep decline in VIP gaming income. Its annual loss widened from the...
Industry Talk
Japan-based gaming equipment supplier Sega Sammy Creation Inc announced on Wednesday the appointment of Scott Winzeler as the firm’s new president and chief executive. The appointment...
Trends & Tech
Jade Entertainment and Gaming Technologies Inc says it has a deal to deploy RPM Gaming Ltd sports betting technology at the Okada Manila casino resort in the Philippines. The utilisation of...
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Macau casino gross gaming revenue (GGR) declined by 79.7 percent in March in year-on-year terms, but rose sharply judged month-on-month with February, when the city’s casinos were closed for 15 days to halt the...
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Hong Kong-listed Melco International Development Ltd says one risk associated with the ongoing Covid-19 outbreak is casino resort tenants failing to fulfil their respective rent payments. The warning was made by the...
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Hong Kong-listed Melco International Development Ltd says one risk associated with the ongoing Covid-19 outbreak is casino resort tenants failing to fulfil their respective rent payments. The warning was made by the...
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The Philippine Amusement and Gaming Corp (Pagcor), the casino regulator in that country, says it is “losing” up to US$118 million per month due to the “enhanced community quarantine” imposed by the country’s...
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Singapore casino complex Resorts World Sentosa (pictured) – owned by Genting Singapore Ltd – announced on Thursday that access to its casino is to be limited to existing Genting Rewards card members and to...
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The Singaporean authorities are banning from the city-state all foreigners who would otherwise be entitled either to short-term visitor visas or the right to transit via Singapore. The ban takes effect from the stroke...
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Yokohama city (pictured), which is aiming to host one of Japan’s first casino resorts, is expanding the number of public servants coordinating that effort. The metropolis is to increase to 39 from 25 – with effect...
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The government of Japan’s Wakayama prefecture announced on Monday the start of its request-for-proposal (RFP) process to choose a private-sector consortium as partner for its tilt to host a casino resort. The...
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Several casino operators in Vietnam have confirmed a 15-day shutdown of their venues starting from Wednesday (April 1). The country’s government ordered also – with effect from that day – so-called...
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Asian casino developer Landing International Development Ltd is seeking to raise HKD137.1 million (US$17.7 million) in funding – net of expenses – via a share placement exercise. Separately, the company reported a...
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Imperial Pacific International Holdings Ltd, the developer of a casino resort (pictured) on the Pacific island of Saipan, reported a net loss of HKD3.90 billion (US$503 million) for the year ended December 31. The firm...
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Casino equipment and lottery services provider Scientific Games Corp said the group’s chief executive Barry Cottle had “volunteered a 100-percent reduction” in base salary while the executive leadership...
From the Press
MGM CEO accepts reduced
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Las Vegas Review-Journal Mar 31
Caesars-Eldorado merger
moving forward
CNBC Mar 31
New Jersey losing millions in
taxes, fees from closed casinos
The Press of Atlantic City Mar 28
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