Japan’s draft regulations for casinos, undergoing public consultation until May 9, still require clarifications in key areas, including the definition of VIP play, says Kentaro Maruta (pictured) of KPMG Japan’s Integrated Resort Advisory Group. He was speaking in the opening session on...
Industry Talk
Casino equipment provider Scientific Games Corp says that Victor Blanco (pictured) will join the company in 2022 as its chief technology officer (CTO). Mr Blanco will...
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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Macau’s Financial Intelligence Office says the tally of suspicious transaction reports filed in the first three months of 2021 by the city’s gaming industry – including the casino firms...
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The average nightly occupancy rate for Macau hotels – including properties in casino resorts – could reach “70 percent to 80 percent” during the upcoming Labour Day break in May, indicated a Macao...
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Casino games maker and casino management firm Paradise Entertainment Ltd says market deployment of slot machine products it has developed by itself, has been set back due to the Covid-19 pandemic. The Hong Kong-listed...
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Macau’s casino industry posted sequential weekly improvement in gross gaming revenue (GGR) for the period April 12 to 18 inclusive, say two separate institutions. JP Morgan Securities (Asia...
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Belle Corp’s 2020 income from gaming revenue fell 78.7 percent year-on-year, the firm said in a Tuesday filing to the Philippine Stock Exchange. The group has an interest in the gaming business of the City of Dreams...
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Japanese gaming conglomerate Universal Entertainment Corp says gross gaming revenue (GGR) at the group’s Okada Manila casino resort in the Philippine capital fell 41.0 percent year-on-year in the first quarter of...
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The NUSTAR Resort and Casino in Cebu, in the Philippines, is scheduled to open in 2022, its promoter confirmed in an email reply to GGRAsia. The scheme is being developed by Philippines-based Universal Hotels and...
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The boss of Philippine casino operator Bloomberry Resorts Corp has said that completion date of the group’s new casino project in Quezon City has been deferred to 2023, amid delays caused by the Covid-19...
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Genting Singapore Ltd said on Thursday that a previous resolution to make a performance-related share award to its executive chairman Lim Kok Thay, involved incorrect procedure, as another firm linked to Mr Lim and his...
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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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Japan’s draft regulations for casinos, undergoing public consultation until May 9, still require clarifications in key areas, including the definition of VIP play, says Kentaro Maruta (pictured) of KPMG Japan’s...
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Japan’s draft regulations for casinos, undergoing public consultation until May 9, are currently stringent in terms of ensuring integrity of casino operations, and are compatible with current gaming industry practice...
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The Japan IR Forum, an online conference to discuss the nascent Japan casino industry and large-scale gaming complexes or integrated resorts (IRs), is being held on Wednesday and Thursday (April 21 and 22). The event is...
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The Kyushu IR Council, designed to help boost the regional economic benefits relating to a possible casino resort in Nagasaki prefecture, was officially established on Monday (pictured). The council comprises 22 groups...
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GGRAsia has learned, from a person with knowledge of the matter, that casino operator NagaCorp Ltd is still in talks regarding the possibility of job lay-offs at the group’s NagaWorld gaming resort (pictured in a...
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Only two out of eight foreigner-only casinos on the South Korean holiday island of Jeju are currently operating, according to Thursday telephone enquiries by GGRAsia. As of mid-December, four out of eight Jeju casinos...
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Casino operator Genting Malaysia Bhd says that one of its units is to issue US$1.0 billion in 3.882-percent senior unsecured notes due 2031. The notes will be fully and unconditionally guaranteed by Genting...
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A nighttime curfew in Cambodia’s capital city, Phnom Penh, host of the NagaWorld casino resort, has been extended for an extra two weeks, to April 28. The nighttime curfew was first introduced on April 1 as a...
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The Resorts World Las Vegas casino resort is set to open on June 24, 2021, said its promoter in a Monday press release. The US$4.3-billion project is being developed by Malaysian conglomerate Genting Bhd in the...
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Australian casino operator Crown Resorts Ltd said on Monday it had received a circa AUD3.0-billion (US$2.31-billion) proposal by private equity firm Oaktree Capital Management LP to buy the circa...
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Casino equipment provider Scientific Games Corp says that Victor Blanco (pictured) will join the company in 2022 as its chief technology officer (CTO). Mr Blanco will oversee the firm’s technology...
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Non-profit organisation International Masters of Gaming Law (IMGL) has announced the launch of a global magazine dedicated to gaming law. The new publication – titled IMGL Magazine – replaces previous...
Features
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Japan casino draft rules strict, but evolving: experts Japan’s draft regulations for casinos, undergoing public... -
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...
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Most Popular
Macau gaming demand recovering comfortably: analysts April 20, 2021 
Talks on NagaWorld lay-offs amid pandemic: source April 19, 2021 
NUSTAR complex in Cebu slated to open 2022: UHRI April 16, 2021 
Macau govt, analysts tip May Day bounty at casino resorts April 20, 2021 
Macau VIP GGR up 20pct sequentially in 1Q: govt April 16, 2021