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...
Industry Talk
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...
Trends & Tech
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...
Latest News
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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),...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
Features
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Maybe only handful Macau junkets can survive: trade rep Possibly only a “couple” of Macau’s VIP gaming... -
Local play key for Vietnam casino resort future: experts Vietnam’s large-scale casino resorts are not likely to... -
Macau must clarify VIP sub-agent legal status: scholar Key regulatory issues on casino gaming to be addressed by... -
Single gambling regulator for Singapore logical: experts Singapore’s plan to establish by 2021 a new body known as... -
Casino cities embrace online play or lose out: experts The coronavirus pandemic has been touted in some quarters...
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From the Press
MGM offers in-room Covid-19
testing to hotel guests
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Las Vegas Review-Journal Apr 8
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Yahoo Finance Apr 8
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GEN Malaysia may deleverage within 2 years says Fitch April 7, 2021 
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