The latest news on the gaming industry in Asia

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No changes on smoking lounge ban proposal: Macau govt

No changes on smoking lounge ban proposal: Macau govt

Jul 31, 2015 Latest News, Macau, Top of the deck  

The Macau government remains committed to its proposal for a full smoking ban inside casinos, the office of the Secretary for Social Affairs and Culture, Alexis Tam Chon Weng, said in a statement....
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No single policy re IVS visas to Macau: Sanford Bernstein

No single policy re IVS visas to Macau: Sanford Bernstein

Jul 31, 2015 Latest News, Macau, Top of the deck  

Proprietary research by brokerage Sanford C. Bernstein Ltd indicates significant differences from city to city and province to province in mainland China in the timetable for granting Individual...
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China lottery sales up 5 pct in first half 2015

China lottery sales up 5 pct in first half 2015

Jul 31, 2015 Industry Talk, Latest News, Rest of Asia  

Mainland China’s lottery sales grew to approximately RMB187.68 billion (US$30.7 billion) in the first half of 2015, up 5.2 percent year-on-year, reported Xinhua, an official Chinese news...
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Okada gets local partner, new timing for Manila resort

Okada gets local partner, new timing for Manila resort

Jul 31, 2015 Latest News, Philippines, Top of the deck  

Tiger Resort, Leisure and Entertainment Inc – a firm controlled by Japanese gaming entrepreneur Kazuo Okada – has got a new local partner for its US$2-billion Manila Bay Resorts project (pictured...
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GEN HK disposing interest in Grand Korea casino, Jeju

GEN HK disposing interest in Grand Korea casino, Jeju

Jul 30, 2015 Latest News, Rest of Asia, Top of the deck  

Genting Hong Kong Ltd – an investor in casino cruise ships and land-based casino operations in Asia – says it is selling an indirectly-held equity interest relating to a casino business on Jeju...
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Wynn’s ‘comfort’ on Cotai date despite table unknowns

Wynn’s ‘comfort’ on Cotai date despite table unknowns

Jul 30, 2015 Latest News, Macau, Top of the deck  

Steve Wynn, chairman and chief executive of Wynn Resorts Ltd, said on Wednesday that he was “comfortable” with announcing a March 25, 2016, opening date for his new US$4.1-billion Wynn Palace...
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Macau Hollywood Roosevelt Hotel drops casino plans

Macau Hollywood Roosevelt Hotel drops casino plans

Jul 30, 2015 Latest News, Macau, Top of the deck  

The promoters of Macau Hollywood Roosevelt Hotel, a property under construction on land adjacent to Macau Jockey Club, have dropped plans to include a casino in the property. Aaron Iu, a...
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China’s online lottery stay leaves 500.com in red

China’s online lottery stay leaves 500.com in red

Jul 30, 2015 Industry Talk, Latest News  

China’s temporary suspension of online lottery sales has left New York-listed 500.com Ltd with no revenue sources whatsoever in the second quarter of 2015, the company said. That meant the firm,...
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Wynn Palace to open March 25, 2016: mgmt

Wynn Palace to open March 25, 2016: mgmt

Jul 30, 2015 Latest News, Macau, Top of the deck  

The management of Wynn Macau Ltd aims to open its new casino-resort in Cotai, Wynn Palace (pictured), on March 25, 2016, company chairman Steve Wynn said during a conference call following the...
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Universal Ent nods US$900 mln notes for Manila, debt

Universal Ent nods US$900 mln notes for Manila, debt

Jul 29, 2015 Japan, Latest News, Philippines, Top of the deck  

The board of Japanese gaming investment company Universal Entertainment Corp has approved the appointment of Deutsche Securities Inc, part of Deutsche Bank Group, as agent for placement of between...
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From the Press

Online casinos fuel 14-fold
surge in teen gambling
The Korea Times Oct 15

POGOs being monitored
down to 100: PAOCC
The Manila Times Oct 15

Blackstone quietly injects
US$335mln into Crown Resorts
Australian Financial Review Oct 14

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MOP22.0 billion

Latest forecast by JP Morgan for Macau's full-October casino gross gaming revenue