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Jeju Lotte casino shut, ready for permit swap to Dream Tower

Jeju Lotte casino shut, ready for permit swap to Dream Tower

Apr 09, 2021  

Lotte Tour Development Co Ltd has closed its Jeju Lotte Tour Casino on the southern coast of the South Korean holiday island of Jeju, with effect from Friday morning. That was in preparation for moving the gaming licence to the group’s new foreigner-only casino at the new Jeju Dream Tower complex...
Read More
GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s

GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s

Apr 09, 2021  

Guangdong urges cross-border bet criminals to surrender

Guangdong urges cross-border bet criminals to surrender

Apr 09, 2021  

Lawrence Ho awarded US$10mln in Melco Resorts shares

Lawrence Ho awarded US$10mln in Melco Resorts shares

Apr 09, 2021  

China probed 17,000-plus cross-border gambling cases

China probed 17,000-plus cross-border gambling cases

Apr 09, 2021  

Industry Talk

Everi CEO Rumbolz to take chairman role as well

Everi CEO Rumbolz to take chairman role as well

Apr 07, 2021  

Michael Rumbolz (pictured) is to become chairman of casino technology supplier Everi Holdings Ltd, in addition to his role as chief executive, due to the pending retirement in mid-May of...
G2E Asia to host online expo, conference on May 25

G2E Asia to host online expo, conference on May...

Mar 30, 2021  

Trends & Tech

Scientific Games launches Mural cabinet

Scientific Games launches Mural cabinet

Apr 06, 2021  

Casino equipment provider Scientific Games Corp unveiled last week its latest cabinet, called Mural (pictured in an artist’s rendering). It features a dual curved display and has 4K...
Aristocrat launches new version of game analytics product

Aristocrat launches new version of game analytics...

Mar 11, 2021  

Latest News

  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Lawrence Ho awarded US$10mln in Melco Resorts shares
    Lawrence Ho awarded US$10mln in Melco Resorts shares

    Apr 09, 2021  

    Lawrence Ho Yau Lung (pictured), chairman and chief executive of Macau casino operator Melco Resorts and Entertainment Ltd, has been awarded American depositary shares with a market value of US$10 million, according to...
    Read More
  • Macau, mainland bust gambler-targeted money scam ring
    Macau, mainland bust gambler-targeted money scam ring

    Apr 08, 2021  

    Macau’s Judiciary Police announced on Thursday that they had broken up a scam ring allegedly specialising in the use of ‘bank-teller training notes’ (pictured) in order to cheat gamblers in the city. The...
    Read More
  • Moody’s expects MGM, Wynn to pursue large IR development 
    Moody’s expects MGM, Wynn to pursue large IR development 

    Apr 08, 2021  

    Moody’s Investors Service Inc says it expects casino operators MGM Resorts International and Wynn Resorts Ltd to pursue new “large, high profile” development opportunities “around the world,” which would...
    Read More
  • Melco Intl US$2mln in share options to directors, others
    Melco Intl US$2mln in share options to directors, others

    Apr 08, 2021  

    Casino investor Melco International Development Ltd has granted share options to directors and “certain employees” of the company that are worth in aggregate about HKD16.4 million (US$2.1 million), according to a...
    Read More
  • Lockdown for Metro Manila extended until April 11
    Lockdown for Metro Manila extended until April 11

    Apr 06, 2021  

    Metro Manila (pictured in a file photo), home to the Entertainment City zone of large-scale private-sector Philippine casino resorts, will remain under lockdown – or enhanced community quarantine, as the measure is...
    Read More
  • Razon vigorously to oppose GGAM New York suit: filing
    Razon vigorously to oppose GGAM New York suit: filing

    Mar 31, 2021  

    Philippine casino operator Bloomberry Resorts Corp has confirmed that the firm’s chairman and chief executive, Enrique Razon, and some of the group’s units have been sued in the U.S. District Court of the Southern...
    Read More
  • Pagcor confirms govt casinos also shut in Metro Manila
    Pagcor confirms govt casinos also shut in Metro Manila

    Mar 31, 2021  

    The Philippine casino regulator has confirmed to GGRAsia that all casinos in the Metro Manila area (pictured) – public-sector as well as private-sector ones – have currently suspended gaming operations due to the...
    Read More
  • Okada Manila promoter ends land sale deal, seeks new buyers
    Okada Manila promoter ends land sale deal, seeks new buyers

    Mar 31, 2021  

    Japanese gaming conglomerate Universal Entertainment Corp says it has terminated a deal to sell a plot of land close to the Okada Manila casino resort (pictured) in the Philippine capital, Manila. The company said it...
    Read More
  • GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s
    GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s

    Apr 09, 2021  

    Earnings before interest, taxation, depreciation and amortisation (EBITDA) at casino operator Genting Singapore Ltd are likely to remain below 2019 levels this year and in 2022. That is according to a new credit opinion...
    Read More
  • Nascent gaming recovery, challenges remain: Genting boss
    Nascent gaming recovery, challenges remain: Genting boss

    Apr 07, 2021  

    The chairman and chief executive of Malaysian conglomerate Genting Bhd, Lim Kok Thay (pictured), says there are signs of “nascent recovery” in gaming across Asia. The veteran tycoon however warned of “significant...
    Read More
  • LVS assessing AML controls at Marina Bay Sands: report
    LVS assessing AML controls at Marina Bay Sands: report

    Mar 29, 2021  

    Casino operator Las Vegas Sands Corp (LVS) is said to have set up a special committee to assess potential breaches of anti-money laundering (AML) procedures at its Singapore property, Marina Bay Sands (pictured),...
    Read More
  • Lim Kok Thay 2020 pay halved GEN Singapore tells bourse
    Lim Kok Thay 2020 pay halved GEN Singapore tells bourse

    Mar 26, 2021  

    Genting Singapore Ltd, the promoter of Singapore’s Resorts World Sentosa casino complex, says the company’s executive chairman, Lim Kok Thay, received less than SGD5 million (US$3.7 million) as his...
    Read More
  • MGM-Orix still only casino suitor after Osaka RFP extension
    MGM-Orix still only casino suitor after Osaka RFP extension

    Apr 06, 2021  

    Japan’s Osaka prefecture said on Tuesday that no fresh private-sector suitor had come forward as a result of the extension of its request-for-proposal (RFP) process concerning the metropolis’ tilt at having a...
    Read More
  • Japan draft casino regulations issued, consultation to May 9
    Japan draft casino regulations issued, consultation to May 9

    Apr 06, 2021  

    The Japan Casino Regulatory Commission announced on Friday a draft version of its intended enforcement regulations. The information was published in a statement on the regulator’s website. A period of public...
    Read More
  • Okada Manila promoter ends land sale deal, seeks new buyers
    Okada Manila promoter ends land sale deal, seeks new buyers

    Mar 31, 2021  

    Japanese gaming conglomerate Universal Entertainment Corp says it has terminated a deal to sell a plot of land close to the Okada Manila casino resort (pictured) in the Philippine capital, Manila. The company said it...
    Read More
  • Nagasaki says from June its IR suitors cannot court others
    Nagasaki says from June its IR suitors cannot court others

    Mar 23, 2021  

    The Nagasaki authorities say investors in entities that have qualified for the next portion of the prefecture’s partner-selection process in its tilt at a casino resort, would not be allowed to participate in...
    Read More
  • Jeju Lotte casino shut, ready for permit swap to Dream Tower
    Jeju Lotte casino shut, ready for permit swap to Dream Tower

    Apr 09, 2021  

    Lotte Tour Development Co Ltd has closed its Jeju Lotte Tour Casino on the southern coast of the South Korean holiday island of Jeju, with effect from Friday morning. That was in preparation for moving the gaming...
    Read More
  • Guangdong urges cross-border bet criminals to surrender
    Guangdong urges cross-border bet criminals to surrender

    Apr 09, 2021  

    The Public Security Department in mainland China’s Guangdong province has urged residents involved in “cross-border gambling crimes” to “turn themselves in” to the authorities by April 30, it said in a...
    Read More
  • China probed 17,000-plus cross-border gambling cases
    China probed 17,000-plus cross-border gambling cases

    Apr 09, 2021  

    Chinese police have investigated “more than 17,000 cross-border gambling and related cases” since 2020, when a series of national and special operations to tackle this type of activity was launched. That is...
    Read More
  • Jeju governor nods casino permit transfer to Dream Tower
    Jeju governor nods casino permit transfer to Dream Tower

    Apr 08, 2021  

    Won Hee-ryong, governor of the Jeju Special Self-governing Province in South Korea, signed on Thursday morning a document considered mandatory before Lotte Tour Development Co Ltd can transfer its foreigner-only casino...
    Read More
  • Moody’s expects MGM, Wynn to pursue large IR development 
    Moody’s expects MGM, Wynn to pursue large IR development 

    Apr 08, 2021  

    Moody’s Investors Service Inc says it expects casino operators MGM Resorts International and Wynn Resorts Ltd to pursue new “large, high profile” development opportunities “around the world,” which would...
    Read More
  • Genting issuing US$350mln notes for Las Vegas project
    Genting issuing US$350mln notes for Las Vegas project

    Apr 01, 2021  

    Malaysia-based gaming conglomerate Genting Bhd says two subsidiaries are to issue US$350-million worth of senior notes, primarily toward repaying borrowings linked to the Resorts World Las Vegas casino project in...
    Read More
  • Razon vigorously to oppose GGAM New York suit: filing
    Razon vigorously to oppose GGAM New York suit: filing

    Mar 31, 2021  

    Philippine casino operator Bloomberry Resorts Corp has confirmed that the firm’s chairman and chief executive, Enrique Razon, and some of the group’s units have been sued in the U.S. District Court of the Southern...
    Read More
  • GGAM sues Razon, Bloomberry units in New York court
    GGAM sues Razon, Bloomberry units in New York court

    Mar 30, 2021  

    A unit of United States-based Global Gaming Asset Management LLC (GGAM) has filed a lawsuit in New York, in the United States, against Enrique Razon (pictured), chairman and chief executive of Philippine casino operator...
    Read More

Features

  • Maybe only handful Macau junkets can survive: trade rep
    Maybe only handful Macau junkets can survive: trade rep

    Apr 01, 2021  

    Possibly only a “couple” of Macau’s VIP gaming...
  • Local play key for Vietnam casino resort future: experts
    Local play key for Vietnam casino resort future: experts

    Mar 18, 2021  

    Vietnam’s large-scale casino resorts are not likely to...
  • Macau must clarify VIP sub-agent legal status: scholar
    Macau must clarify VIP sub-agent legal status: scholar

    Mar 12, 2021  

    Key regulatory issues on casino gaming to be addressed by...
  • Single gambling regulator for Singapore logical: experts
    Single gambling regulator for Singapore logical: experts

    Jun 05, 2020  

    Singapore’s plan to establish by 2021 a new body known as...
  • Casino cities embrace online play or lose out: experts
    Casino cities embrace online play or lose out: experts

    May 25, 2020  

    The coronavirus pandemic has been touted in some quarters...

Partners

From the Press

MGM offers in-room Covid-19
testing to hotel guests

KTVH Apr 8

Dealer schools in the U.S. see
‘fast and furious’ recovery

Las Vegas Review-Journal Apr 8

Hard Rock Casino CEO on
precautions against Covid-19

Yahoo Finance Apr 8

Pick of the Day


110,000

Total number of suspects "apprehended" by Chinese police since 2020 as part of its anti- cross-border gambling operations



Most Popular

  • GEN Malaysia may deleverage within 2 years says FitchGEN Malaysia may deleverage within 2 years says Fitch April 7, 2021
  • China bans travel for 89, says some had overseas bet linksChina bans travel for 89, says some had overseas bet links April 6, 2021
  • Macau daily visit volume down 17pct m-o-m for April 2 to 6Macau daily visit volume down 17pct m-o-m for April 2 to 6 April 8, 2021
  • Moody’s expects MGM, Wynn to pursue large IR development Moody’s expects MGM, Wynn to pursue large IR development  April 8, 2021
  • Studio City new water park launches May 22: MelcoStudio City new water park launches May 22: Melco April 1, 2021
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