GGRAsia – Latest News

Latest News

EU warns Macau on human resources

May 16, 2014 Newsdesk Latest News, Macau, Top of the deck

The European Union (EU) has praised the economic development of Macau but warned that the territory has failed in diversifying its economic structure and is struggling to find workers for all the...

The Sands effect

May 16, 2014 Newsdesk Latest News, Macau

A new chapter of Macau’s gaming industry – and of the city’s growth story – began 10 years ago, when the first Las Vegas-style casino opened for business. Sands Macao was the first casino...

Genting gets backing for Tuxedo casino

May 15, 2014 Newsdesk Latest News, Rest of Asia, World

Malaysia’s Genting Bhd, one of Asia’s largest casino operators, received a letter of consent from the Tuxedo Town Board to support its bid to develop and operate a casino resort in upstate New...

Full mass market smoking ban in Macau from Oct 6

May 15, 2014 Newsdesk Latest News, Macau, Top of the deck

A full smoking ban in all mass market casino floors in Macau will be implemented from October 6, the government announced this evening. Until then, smoking will continue to be banned in at...

Wynn unfazed by junket reports

May 15, 2014 Newsdesk Latest News, Macau, Top of the deck

Steve Wynn, chairman of Wynn Resorts Ltd, says he is not concerned about the recent incident in which a junket in Macau reportedly decamped with HK$8 billion (US$1.03 billion). The incident has...

Japan not a ‘free lunch’ Leven tells GGRAsia

May 15, 2014 Newsdesk Japan, Latest News, Top of the deck

Japan should not be viewed as an easy–to-tap “gold mine” for gaming, Michael Leven, president and chief operating officer of Las Vegas Sands Corp told GGRAsia today on the sidelines of Clarion...

Wynn in contacts with potential local partners for Japan

May 15, 2014 Newsdesk Japan, Latest News, Top of the deck

The possibility of legalising casinos in Japan has attracted the interest of global operators, but some restrictions are expected, says Steve Wynn (pictured), chairman and chief executive of Wynn...

Japan politicians play down casino bill passing

May 15, 2014 Newsdesk Japan, Latest News, Top of the deck

Koichi Hagiuda (pictured, right), a special adviser to Japan’s prime minister Shinzo Abe, told the opening session of the Japan Gaming Congress in Tokyo he “wanted to correct a...

Macau ‘remains strong’: Fitch

May 15, 2014 Newsdesk Latest News, Macau, Top of the deck

Fitch Ratings Inc says Macau’s gaming market “remains strong”, despite recent noise around junket liquidity and a potential crackdown on unregistered mobile UnionPay card processors. “The...

Macau casino staff ‘moderately exhausted’: study

May 15, 2014 Newsdesk Latest News, Macau, Top of the deck

A study published last month warns that casino employees in Macau are moderately exhausted. The study (see link here – subscription needed) says that close to 40 percent of the casino staff working...