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Gambling News - Asia

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19th October
Macau minister discusses competitiveness of casino industry
Macau Secretary for Economy and Finance Lionel Leong Vai Tac does not believe other gaming industries within Southeast Asia will be...
19th October
1X2 Network boosts Asian presence with QTech Games deal
1X2 Network has strengthened its position in Asia after joining forces with QTech Games to supply its slots, table and VR...
16th October
Macau casino stock prices fall
The stock price of Macau’s top six casinos has fallen 40% on average since June, sparking concerns of a decrease in...
10th October
New operation to suppress money laundering in Macau casinos
A fresh operation against money laundering in Macau casinos was launched on Friday last week and brought immediate results. The Judiciary Police,...
4th October
Google Play removes several gambling applications in Vietnam
Google has removed 56 gambling applications from its Google Play store in Vietnam. The move follows a request from the Vietnamese Authority...
1st October
Macau casinos' monthly revenue growth slows for September
Monthly gross gaming revenue (GGR) for Macau casinos increased year-on-year in September – but only by 3% to MOP21.95bn ($2.72bn). The region's...
25th September
Macau visitor numbers continue to rise
Macau is seeing increasing amounts of visitors, with over 3.4 million people entering the region during August. According to data released by...
25th September
Vietnamese police shut down $25m gambling ring
An illegal Vietnamese gambling operation estimated to be worth over $25m has been shut down by police. Police in the Quang Nam...
17th September
Macau casino operations impacted by typhoon
Macau has seen its casino stocks and revenue take a hit after Typhoon Mangkhut impacted business operations over the weekend. The storm...
11th September
Macau gambling profit shot up for 2017
The Macau gaming industry amassed profit of 157.74 billion yuan in 2017 ($23bn), an increase of 19%, despite a decline in...
10th September
Kazuo Okada sues Tiger Resort, seeking reinstatement
Kazuo Okada, former chairman of Universal Entertainment, has filed a lawsuit against the company he founded, Tiger Resort Leisure and Entertainment...
6th September
Silver Heritage to repay bonds and raise additional $8.4m
Asian operator and developer Silver Heritage Group has renegotiated the key terms of its outstanding bond payments. Silver Heritage will be repaying...
6th September
Suncity Group to consult Golden Sun Sky
Suncity Group Holdings announced a strategic partnership with Cambodian operator Golden Sun Sky Entertainment. This “strategic partnership agreement” will involve a Suncity...
6th September
Wakayama receives 33 proposals for integrated resort
A total of 33 companies have submitted proposals for a casino in the prefecture of Wakayama on Japan’s south central coast. Officials...
5th September
Galaxy Entertainment reports 25% revenue growth for H1
Galaxy Entertainment Group (GEG) reported a 25% year-on-year increase in net revenue to HK$28.1bn (US$3.58bn) for the first half of 2018. The...
3rd September
Macau casinos record strongest month of the year
The Macau casino market broke its monthly revenue record for the year in August, reaching MOP26.56bn ($3.27bn), up 17% year-on-year. Previously, the record...
31st August
The 13 finally opens its doors
The 13 Hotel in Cotai, Macau has opened today after obtaining a gambling licence earlier this month. After first welcoming guests on...
30th August
Genting Malaysia profit doubles in Q2
Genting Malaysia has seen a 104% year-on-year increase in profit to RM378.3m ($92m) for the second quarter of 2018, despite a...
21st August
Macau non-gaming spend up 20% for Q2
Visitors to Macau spent a total of 16.5m MOP ($2bn) in non-gaming for the second quarter of 2018, up 20% year-on-year. In...
20th August
Chinese police break $1.1bn online gambling ring
Police in Jiangsu Province have busted another illegal online gambling syndicate, worth a reported value of ¥7.8bn ($1.1bn), arresting 56 in...
20th August
Apple removes thousands of illegal lottery apps in China
Tech giant Apple has pulled around 25,000 illegal lottery apps from the app store in China, according to state media. Apple has...
13th August
Universal Entertainment report mixed performance in Q2
Universal Entertainment reported a 23.3% year-on-year increase in net sales up to ¥46.5m ($421,485) during the Q2 period. The company also reported...
8th August
Galaxy Entertainment H1 profit up 56%
Casino operator Galaxy Entertainment Group (GEG) reported a 56% year-on-year increase in net profit for the first half of this year,...
7th August
Landing International’s $1.5bn IR could be cancelled
Landing International’s $1.5bn integrated resort development could be cancelled by Philippines President Rodrigo Duterte. Duterte is reportedly looking to cancel the Nayon...
7th August
Fifa World Cup leads to surge in sports lottery bets in Taiwan
The 2018 Fifa World Cup led to a spike in sales for Taiwan’s sports lottery in June. The month’s figures showed total...
6th August
Japanese billionaire gaming entrepreneur arrested in Hong Kong
Kazuo Okada, one of Japan’s most prominent gaming industry executives, has been arrested in Hong Kong on corruption charges. The Hong Kong...
6th August
Genting Singapore reports profit increase and revenue drop for Q2
Casino operator Genting Singapore saw a 3% year-on-year increase in net profit for the second quarter of 2018, reporting S$177.6m (US$129.9m). Although...
1st August
Macau GGR rises 10% in July
Macau casinos' gross gaming revenue increased by 10% year-on-year for July. Last month’s results mark two years of consecutive year-on-year revenue growth...
1st August
Melco outlines Macau Estadium plans
Melco Resorts & Entertainment will become the first operator in Macau to build an esports stadium. In partnership with Kowloon E-Stadium, the...
30th July
PAGCOR gives green light to Landing International for Nayon Landing casino
The Philippine Amusement and Gaming Corporation (PAGCOR) has issued Hong Kong’s Landing International Development a licence to build a $1.5bn integrated...
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