Macau is to create distinct zones on its casino floors and designated gambling chips that will be solely for the use of players from overseas. The moves will be part of a new gaming tax system to come into effect from January 1, whereby casino operators could be exempted – at the Chief...
Industry Talk
Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of JPY1.29 billion (US$9.4 million) for its fiscal first half ended September 30. Such profit was up 642.1 percent...
Trends & Tech
An 86-page report looking at allegations of money laundering via electronic gaming machines (EGMs) in the Australian state of New South Wales says “billions” of Australian dollars may...
Latest News
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Macau is to create distinct zones on its casino floors and designated gambling chips that will be solely for the use of players from overseas. The moves will be part of a new gaming tax system to come into effect from...
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The Macau government announced on Friday an easing of its Covid-19 testing requirements for front-line casino staff, extending the interval between tests to every three days, from every two days. The change was the...
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Macau casino business MGM China Holdings Ltd is to pay up to US$173.2 million over the course of three years from January 1 next year, for use of trademarks linked to its parent entity in the United States, MGM Resorts...
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Third-quarter gross gaming revenue (GGR) rose 128.3 percent year-on-year at the Okada Manila casino resort in the Philippine capital, reported on Friday its parent Universal Entertainment Corp. Such GGR was just under...
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Philippine real estate businessman Manuel Villar (pictured in a file photo), listed this year as the second richest Filipino by Forbes magazine, plans to launch a new casino resort complex in the country’s capital,...
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Members of a Philippine Senate committee have criticised the country’s gaming regulator, the Philippine Amusement and Gaming Corp (Pagcor), for the lack of oversight regarding the operations of Philippine Offshore...
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Singapore has the potential to be a “top choice” for Chinese outbound travellers, once the country reopens and eases travel restrictions associated with the Covid-19 pandemic, suggested Andrew Phua...
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Macau has fallen to third spot regionally in terms of gross gaming revenue (GGR) in the three months to September 30, behind Singapore and the Philippines, according to figures compiled by GGRAsia. The Philippine...
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Casino operator Genting Singapore Ltd reported net profit after taxation of nearly SGD135.8 million (US$96.8 million) for the third quarter of 2022, an increase of 123.6 percent from the prior-year period. The...
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“From a practical viewpoint, it seems quite difficult” for Japan’s national authorities to be able to make a decision by the end of the calendar year, on respective proposals by Osaka and Nagasaki to...
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Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of JPY1.29 billion (US$9.4 million) for its fiscal first half ended September 30. Such profit was up 642.1 percent year-on-year, the firm said...
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An Osaka MP who heads the Japan Innovation Party – linked to Osaka Ishin, previously the Osaka Restoration Association, that conurbation’s lead political grouping – has called on the country’s...
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China has moved one step closer towards reopening, by relaxing some its Covid-19 control measures, with most infected people now able to quarantine at home rather than in state-sanctioned facilities. Despite the...
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Casino operator Genting Malaysia Bhd said in a Monday filing to Bursa Malaysia that an indirect wholly-owned subsidiary, Genting ER II LLC, a company in Delaware in the United States, planned to buy for US$100 million...
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The Jeju tourism market and its foreigner-only casino sector – which prior to the pandemic saw strong volumes of visitors from mainland China – will have to adapt and seek to diversify its tourist source markets....
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The Star Entertainment Group Ltd’s licences in the Australian state of Queensland will be suspended for a “period of 90 days”, and its properties there will be placed under state-government supervision. The...
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Casino operator Genting Malaysia Bhd said in a Monday filing to Bursa Malaysia that an indirect wholly-owned subsidiary, Genting ER II LLC, a company in Delaware in the United States, planned to buy for US$100 million...
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The Genting group – which operates casino resorts in Asia, the United States, the United Kingdom and Egypt – is looking to sell, for more than US$1 billion, a 6.5-hectare (16.1-acre) waterfront parcel of land in...
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